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Thanks for starting your real estate search here...this website is full of information for you whether you are looking to buy, sell or just dream....WELCOME to Colorado Alpine Homes in Summit County, Colorado!!!!
What makes Summit County so unique? For starters: four unique ski resorts offering nine different mountains to ski/ride on. I think you will find your specific type of skiing here without a doubt....come and let me show you my hometown!
Six communities offering various types of services and experiences: Breckenridge, Frisco, Dillon, Silverthorne, Keystone, Copper Mountain
* Two of the highest marinas in North America offering boat rentals and sailing regattas.
* Hometown Fourth of July celebrations.
* Summer BBQ Challenges in Frisco.
* Biking/walking paths connecting all towns. Biking info here!
* Musicians performing throughout the county offering free music concerts in the parks:
Please note that Land Title data comes from actual recorded transactions at the County Clerk and Recorder’s Office for that particular month. The information is not directly related to MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate.
- Market Analysis by Area for May 2018: There were a total of 196 transactions and $136,423,916 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $723,054, average residential price was $723,182 and average residential PPSF was $449.
- Year to Date Market Analysis ( 5 months): Monetary volume in YTD 2018 totaled $548,112,065 with 828 transactions: $678,336 average transaction price, $713,280 average residential price and average residential PPSF $458.
- Market Snapshot for Years 2018 vs 2017: Average Indicators for $: Single Family +1%, Multi- Family +8% and Vacant Land +17%. Median Indicators for Single Family +7%, Multi- Family +7% and Vacant Land +10%.
- Market Analysis % Change 2018: Monetary volume ($136,423,916) in May 2018 was up 8% from May 2017. Transactions (196) were down 1% from May 2017. YTD 2018 monetary volume is up 4% from YTD 2017, and transactions are up 1% YTD 2018 compared to YTD 2017.
- Residential Cost Analysis: Residential volume in May had 158 transactions with $114,262,700 gross volume. There were 24 properties that sold for $1M and above in May. The most active price points were between $300K-$400K with 23 transactions. There were 64 Single Family, 94 Multi-Family and 11 Vacant Land transactions.
- Average Price History by Type 2018: Average price for residential Single Family: $1,088,148, Multi- Family: $474,694 and Vacant Land: $436,955.
- Comparative Historical Cost Analysis YTD 2018: There were 642 residential transactions and $457,925,484 gross $ volume with 104 properties selling for $1M and over-compared to 2017, there were 678 transactions and $468,286,153 gross $ volume, 127 properties at $1M and over. In 2016, there were 629 transactions with $361,529,783 gross $ volume, 61 properties at $1M and over.
- Top Lender Analysis May 2018: There were 530 loans in May, 73% (143) of the loans were related to sales, there were 122 REFI's and 265 loans were timeshare related. 27% of the real estate closings were cash transactions.
- Market Highlights: Please see page 11 of the Market Analysis- You can note the higher priced sale in May in the Highlands at Breckenridge. The top priced Improved Residential Sale was in the Breckenridge Snider Addition Subdivision.
- Foreclosures: There were 11 Foreclosure actions in May 2018, 9 were Timeshares and 2 were Fee Simple.
- Purchaser Profile Abstract: There were 29 upper end sales in May. Our buyers for real estate transactions for 2018: Front Range demographic at 20% of our market, 48% are "local" and 31% are out of state buyers with 0% International. Please note a new page 17 comparing demographics of our buyers through 2013.
- Land Title New Development Summary: This (page 18) shows all the new construction each month, there were 18 in May.
Here's the latest news from Land Title Guarantee as of June 29, 2018.
Western states lead single-family residential permits growth NAHB | 6.25.18 Over the first four months of 2018, the total number of single-family permits issued nationwide reached 279,302. On a year-over-year basis, this is an 8.4% increase over the April 2017 level of 257,719. Read More
New home sales increase 6.7% in May HousingWire | 6.25.18 New home sales significantly increased in May, revising last month's rate, according to the new report from the Census Bureau and the Department of Housing and Urban Development. Read More
CFPB drops case against Zillow HousingWire | 6.25.18 The Consumer Financial Protection Bureau is giving up its investigation into Zillow. Read More
RENTcafe: 83% of renters can’t afford to live where they want HousingWire | 6.25.18 A RENTcafé survey of more than 2,000 renters found that less than 17% lived close to their desired location, meaning that 83% of renters have to go the extra mile(s) to get where they’re going. Read More
Tiny home communities: housing solutions or gentrified trailer parks? The Guardian | 6.26.18 Austin, like many other US cities, is facing an affordable-housing crisis. The city’s median home price is currently $344,300, according to Zillow – up from $207,000 in 2011 – while the median household income hovers at $55,216. Read More
Home price growth slows NAHB | 6.26.18 National home price appreciation rose at a slower pace in April as more than half of metro areas experienced a deceleration in price growth. However, since 2014, deceleration in price growth nationwide has been followed by a re-acceleration. Read More
MBA: commercial/multifamily outstanding debt posts largest Q1 increase since recession
HousingWire | 6.26.18
Outstanding commercial/multifamily mortgage debt just posted the largest first quarter increase since before the Great Recession, a report from the Mortgage Bankers Association shows. Read More
Case-Shiller: home prices continue upward trend HousingWire | 6.26.18 Today, S&P Dow Jones Indices and CoreLogic released results for the Case-Shiller Home Prices Indices, which showed an annual increase of 6.4% in April 2018 for national home prices. Read More
This map shows where Americans have the highest, and lowest, credit scores CNBC | 6.26.18 If they weren't so nice, Minnesota residents could boast about having America's highest average credit scores. Read More
Case-Shiller reaction: Will Americans be able to afford homes? HousingWire | 6.26.18 After Tuesday's Case-Shiller report showed a 6.4% increase in home prices, experts in the housing market say wage disparities and lacking inventory as critical motivators. Read More
It’s a go-go housing market NMP | 6.26.18 Today’s housing data reaffirms the upward movement in home prices, mortgage rates, homebuyer demand and home seller profits. Read More
Commercial/multifamily mortgage debt at $3.21T in Q1 NMP | 6.26.18 Commercial/multifamily mortgage debt outstanding was up by $44.3 billion in the first quarter, according to new data from the Mortgage Bankers Association (MBA). Read More
Pending home sales continue slide in May NAHB | 6.27.18 The Pending Home Sales Index decreased 0.5% in May, and remains 2.2 % below the level one year ago, having declined on an annualized basis for the fifth straight month. Read More
MBA: mortgage application activity declines again, decreases 4.9% HousingWire | 6.27.18 Mortgage applications decreased 4.9% from last week's increase, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 22, 2018. Read More
NAR: Is inventory the biggest threat to realtors? HousingWire | 6.27.18 Pending home sales modestly decreased in May, marking the fifth consecutive month of annual declines, according to the latest report from the National Association of Realtors. Read More
Consumers’ expectations eased in June NAHB | 6.27.18 The Conference Board’s Consumer Confidence Index decreased in June, following an increase in May. The June decline in the Consumer Confidence Index was driven mainly by a sharp decline in the Expectations Index. Read More
Fannie Mae experts: how to address rising rents for moderate income households HousingWire | 6.27.18 All across America, millions of households are struggling to find a place to rent they can afford. Moderate income renters – those earning between 81% and 120% of their area median income – are no different. While these renters make too much to qualify for subsidized housing, they are increasingly burdened by rapidly increasing rental housing costs. Read More
Chase: home confidence levels reach four-year high HousingWire | 6.27.18 Americans still believe homeownership is the best investment a person can make, according to the first Chase U.S. Housing Confidence Survey. Read More
Remodeling keeps booming—especially after disasters—annual Houzz and Home survey suggests Remodeling | 6.27.18 Two metro areas that suffered disasters last year--flooding in Houston and fires in Los Angeles--recorded the biggest gains in median spending for renovations last year and are contributing to robust growth nationwide in 2018, the seventh annual Houzz & Home Survey indicates. Read More
Pending home sales, mortgage apps fall NMP | 6.27.18 Pending home sales were down by a scant 0.5 percent in May, according to new data from the National Association of Realtors (NAR). However, sales were also down by 2.2 percent from one year earlier, which makes May the fifth consecutive month for annualized declines in pending home sales. Read More
New record set for median listing price NMP | 6.27.18 The median listing price for homes hit the $299,000 mark this month, setting a new record, according to data released by Realtor.com. Listing prices increased nine percent year-over-year, and prices have been rising by an average of nine percent year-over-year for the last 12 months. Read More
Will Millennials save housing from a downturn? Builder | 6.28.18 A flattening bond yield curve and a very long-in-the-tooth, albeit anemic, broad economic winning streak have gotten housing experts' and analysts' tongues a'wagging. Read More
Millennials need homes they can afford. Can you build them? Builder | 6.28.18 Builders have been confused for a while about millennial buying trends. In a well-intentioned effort to pinpoint how we could best cater to this generation’s needs in the real estate market, we lost sight of certain environmental factors that dictated their confusing actions. Read More
Here’s how the housing market has become harsher for younger buyers since 1988 Builder | 6.28.18 The Harvard Joint Center for Housing Studies’ annual State of the Nation’s Housing report recently released its 30th anniversary edition, in which the authors created a comparison showing how the housing market of 1988 measures up against the market today. Read More
Rethink housing and community development to advance racial equity and inclusion
How Housing Matters | 6.28.18 In the US, descriptions of housing affordability challenges and differences in wealth, health, and education need to include a racial equity lens, or the picture is incomplete. Legally authorized and mandated housing discrimination through federal lending and investment policies laid the cornerstone of complex socio-spatial issues that historically segregated communities continue to face. Many of the inequities within and between neighborhoods, particularly in large metropolitan areas, trace their roots to redlining. Read More
Freddie Mac: mortgage rates finally settle down HousingWire | 6.28.18 Mortgage rates have now declined in four of the past five weeks, according to Freddie Mac’s latest Primary Mortgage Market survey. Read More
Mortgage rate decline isn’t helping your borrowers HousingWire | 6.28.18 Mortgage rates are currently decreasing, falling in four of the past five weeks, and yet new borrowers are still paying significantly more on their mortgages than those who bought a home this time last year. Read More
Freddie: young home buyers stricken with sticker shock Builder | 6.29.18 New research from Freddie Mac shows that while financial headwinds and societal shifts, such as declining marriage and fertility rates, have depressed homeownership levels among young adults, the biggest barrier slowing young prospective buyers has been that housing costs are rising faster than incomes. Read More
How Millennial home buyers save for a down payment Builder | 6.28.18 The top concern among first-time millennial homebuyers is having enough money for a down payment, according to a report out Thursday from Redfin. Read More
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Different by design...Colorado Alpine Homes is where Betty takes a different approach to real estate, one that is built with personal touches, win-win deals and positive results for all. I use the latest technologies, market research and business strategies to exceed your expectations. More importantly, I listen carefully and that means I find solutions that are tailored to you...I'd love to be your luxury mountain home connection!!
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