by Amy Nakos | Nov 30, 2022 | Blog, Short Term Rentals
You could actually be waiting for 4-18 years depending on the location of your property. Background If you are a subscriber to my newsletter or YouTube channel, then you know about the current state of short term rental regulations in unincorporated Summit...
by Jaclyn Simmons | Nov 7, 2022 | Blog
Here is this week’s update on the mortgage industry from my friend Mary Frances Ahlquist at Sulquist Mortgage: For the first time in a month, the Freddie Mac Primary Mortgage Market Survey reported a drop in the 30-year fixed rate, down 13 basis points. Mortgage rates...
by Amy Nakos | Oct 22, 2022 | Blog, Short Term Rentals
The Summit Daily News reported on the Summit County Commissioners work session on October 18, 2022. Don’t let the headline fool you, the Board of County Commissioners (BOCC) did NOT make any decisions on STR regulations. It is clear that the BOCC will put percentage...
by Amy Nakos | Oct 5, 2022 | Blog, Short Term Rentals
Our local Realtor association released the following announcement a couple weeks ago. If you, or anyone you know, have been damaged or affected by STR regulations, they can fill out this form. Over the past year, Summit REALTORS® (SAR) has received numerous inquiries...
by Amy Nakos | Oct 4, 2022 | Blog, Market Updates
While I have many people asking me if prices are falling and wondering if they can get in on the Kohl’s 40% off sale, prices in Summit are still holding steady. Year to date sales volume is down 16% from last year and number of transactions is down 35%. That means...
by Amy Nakos | Oct 2, 2022 | Blog, Short Term Rentals
In what is becoming my regular newsletter column, here is the monthly STR update. Breckenridge Breckenridge’s ordinance went into effect on September 27. We all knew that there weren’t any licenses available for Zones 2 and 3. But there were 357 licenses available for...
