Vail Valley Happenings
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
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
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
Don’t Sell on Your Own Just Because It’s a Sellers’ Market
Posted by Carrie Di Pilato on May 10, 2021 in
uncategorized
In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of homes for sale is as low as it is today, buyers are eager to snatch up virtually any house that comes to market. This makes it even more tempting to FSBO. As a result, some sellers think selling their house will be a breeze and see today’s mar... read more
AMY PATES AWARDED LUXURY PROPERTY SPECIALIST CERTIFICATION
Vail, CO (April 28, 2021) - Coldwell Banker Distinctive Properties is pleased to announce that Amy Pates has earned the Coldwell Banker Global Luxury Property Specialist designation.
Coldwell Banker Global Luxury is a comprehensive marketing program designed specifically for the promotion of luxury residential properties to affluent buyers worldwide and is recognized as a world leader in the marketing of luxury homes.
“To achieve this designation, ... 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.POWERED BY