Last month I was disappointed in the drop off in transactions in our market. July is a bit higher, but is still below historic numbers. July 2023 has a total of 122 closings. Historically this is at about 65-70% of usual transactions. July 2022 was also quite low, at...
I didn’t grow up wanting to sell real estate. In fact, I wanted to be doctor or a singer, just like Whitney Houston. My science and math skills are lacking, and I’m basically tone deaf, so I went to law school. After relocating to Colorado from Chicago with a one year...
If I were to ask you the percentage of Summit County locals who are currently living in deed-restricted housing, what would you guess? 5%, 10%, 25%? The number, according to my calculations, is around 15.5%. This housing base is keeping many people here who run our...
I have been watching one statistic closely because I think it best tells the state of our current market: Number of Sold Residential Properties. This metric is the real time data of how quickly properties are moving. In my personal day to day business, I can tell that...
In the past year and a half, short-term rental restrictions have been instituted in 4 jurisdictions in Summit County: Breckenridge, Frisco, Silverthorne and Summit County Unincorporated areas (aka, properties not within a town’s limits). Only Dillon and Blue River...
Summit County Tax Assessment Appeal Info > June 30, 2022 is the appraisal date. Sales and market conditions occurring after this date cannot be considered. All sales used in the multiple regression analysis are time adjusted to account for differing market...
