by Amy Nakos | May 2, 2024 | Blog, Market Updates
We are preparing for the summer selling season at The Amy Nakos Group. We are looking to add approximately 10-15 listings in May and June. If other brokerages are also preparing to release new listings, we could see some great new inventory hitting the market soon. ...
by Amy Nakos | Mar 5, 2024 | Blog, Short Term Rentals
With restrictions and increased taxing on Short Term Rentals (STRs) happening in resort communities, the Western Mountain Resort Alliance commissioned a study to measure the effect of STRs on resort economies. In 2022, in Summit County alone, STRs brought in $1.7...
by Amy Nakos | Mar 5, 2024 | Blog, Market Updates
February Sold Listings jumped up a bit to 94 from a paltry 61 in January. This sales number is in line with the previous 5 years showing that the market is remaining strong despite the headwinds of higher interest rates. Median Sales price is $999,000 and Average...
by Amy Nakos | Mar 5, 2024 | Blog
STR restrictions have put a damper on the nightly rental of many properties in Summit County. However, owners can consider using their property in an exchange pool where they can allow people to use their home and in exchange vacation in other people’s homes. Here is...
by Amy Nakos | Feb 5, 2024 | Blog, Market Updates
I am still surprised at the resiliency of the pricing in our market. Resort markets like ours are holding strong because of the desirability of the location and amenities, which keep demand very high. With high demand, the competition keeps the pricing competitive,...
