Vail Valley Happenings
How Much Time Do You Need To Save for a Down Payment?
Posted by Carrie Di Pilato on May 11, 2021 in
uncategorized
One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get there. The process may actually move faster than you think.
Using data from the U.S. Department of Housing and Urban Development (HUD) and Apartment List, we can estimate how long it might take someone earning the median income and paying the med... read more
Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home
Posted by Carrie Di Pilato on May 12, 2021 in
uncategorized
This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below the historic norm. Here’s why.
After creeping up for seven consecutive weeks, average mortgage rates have dropped more recently (See graph below). With rates taking a slight dip over the past two weeks at the same t... read more
Are Interest Rates Expected to Rise Over the Next Year?
Posted by Cassidy Jimerson on May 19, 2021 in
uncategorized
So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have to say.
Danielle Hale, Chief Economist, realtor.com:
“Our long-term view for mortgage rates in 2021 is higher. As the economic outlook strengthens, thanks to p... 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
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
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Copyright © 2026 SAR MLS. The information displayed herein was derived from sources believed to be accurate, but has not been verified by SAR MLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers personal, non-commercial use. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited.
Copyright © 2026 SAR MLS. The information displayed herein was derived from sources believed to be accurate, but has not been verified by SAR MLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers personal, non-commercial use. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited.POWERED BY