Vail Valley Happenings

Sellers Are Ready To Enter the Housing Market

Posted by Cassidy Jimerson on May 28, 2021 in  uncategorized
One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy continues to improve and more people get vaccinated, more sellers may finally be in sight. The Home Purchase Sentiment Index (HPSI) by Fannie Mae recently noted the percentage of consumer respondents who say it&rsq... read more

Will the Housing Market Maintain Its Momentum?

Posted by Cassidy Jimerson on May 25, 2021 in  uncategorized
Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple explanation as to why existing home sales have slowed – there aren’t enough homes to buy. There are currently 410,000 fewer single-family h... read more

Experts Say Home Prices Will Continue to Appreciate

Posted by Cassidy Jimerson on May 25, 2021 in  uncategorized
It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the housing market going to crash?” has actually spiked 2450% over the past month. In addition, Jim Dalrymple II of Inman News notes: “One of the most noteworthy things that came up in Inman’s conversations with agents was that every ... read more

Should I Move or Refinance?

Posted by Carrie Di Pilato on May 21, 2021 in  uncategorized
The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate values increase, homeowners get a dollar-for-dollar gain in their home equity. According to the first-quarter 2021 U.S. Home Equity Report from ATTOM Data Solutions: “17.8 million residential properties in th... read more

Community Spotlight: Eagle, Colorado

Posted by Sam Vickery on May 21, 2021 in  uncategorized
Originally a ranching community, the town of Eagle is Thirty minutes west of the slopes of Vail and 20 minutes west of Beaver Creek. Eagle sits at an elevation of 6,601’ and has a population of just over 7000 people. The area is known as a banana belt region, offering a slightly lower elevation and often milder weather than Edwards, Avon, and Vail, allowing spring to arrive earlier and fall to last a little longer. The charming town of Eagle offers an authentic mountain town feel, the true essence of American... read more

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