Inventory levels have increased since the winter in Summit County.  The market here is becoming a little more neutral than a full on Seller’s market.  Now is a good time to buy in Summit County because of the choices.  Some properties have been on the market for more than a few months and perhaps the seller may be a little more negotiable than in prior years when there are not a lot of choice. 

Our market has never experienced a bubble like other areas in the nation.  WE have been consistently growing anywhere between 10-25% appreciation a year.  It has stabilized a little this year due to the economist portraying doom and gloom everywhere.  However, we are not experiencing a decline in prices or do we experience foreclosures here.  Generally if a property is going to foreclosure, it is usually sold or rectified before that even happens.

If you are interested in new projects that are in the planning phase, click here.The following are inventory levels in each town which include condos, duplexes, town homes and single family homes:

Frisco-current inventory 110 properties

Copper Mtn. -current inventory 61 properties

Breckenridge-current inventory 653 properties

Wildernest/Silverthorne- 214 properties

Dillon-130 properties

Keystone-142 properties.

Feel free to contact Leah at 970-389-6367 to help you with your property needs.  www.leahbaxter.com

Are you looking for a luxury parcel of land to build your ranch on?  Well, there is a new development called  The Daley Ranch in Silverthorne, Colorado.  This is a 289-acre natural sanctuary of forests, meadows, ponds, and trails.  The acreage is broken down to 35 acre parcels and sells for 2.5-3.5 million dollars. 

It is located by 4 world-class ski resorts and will have a 3200 acre lake within 31 miles.

The views are spectacular and you can see Copper MT., Keystone, the Ten-Mile Range.There will be a pasture area with Hay Meadows for feeding the horses, x-country ski trails and snowmobiling trails.  Also a Nordic Hut to warm up as well as a Ranch house and Caretakers cabin.   More amenities will emerge as the new owners partake in the decision making process.

This is a Equilibrium resort development.

If you would like more information, please contact Leah Baxter at leah@leahbaxter.com or www.leahbaxter.com.

Now is a great time to buy in Summit County .  I know the news media is portraying doom and gloom for the housing market, however, they are basing their information on major cities.  We are not a major city.  We are a resort community.  People love the mountains to relax and play.  Our economy is not based on the national economy.  People choose to come in for fun or because they want to live in the mountains.

Interest rates are low,our prices are not going down, so don’t wait, because we are not in a housing bubble.  Our market continues to be strong and the sales prices continue to rise slowly, but steady. 

Source:  National Association of Realtors via Associated press:msnbc.msn.com & data research Associates. Believed to be accurate but not guaranteed.

Contact Leah Baxter at leah@leahbaxter.com or www.leahbaxter.com for more information on purchasing in summit county.  Search the Summit County MLS  free.