Local Market Updates

Feb. 16, 2015

Glenwood Springs Real Estate Becoming a Seller's Market

Glenwood Springs Real Estate Sellers Cash-In

 

Sellers MarketMultiple offers are back in the Glenwood Springs real estate market. With a scarcity of available homes for sale and a strong interest in the Glenwood market, interested home buyers are faced with a less than ideal scenario. Lately several clients of mine ...

View More
Feb. 4, 2015

Glenwood Springs Real Estate Buyers, Beware?

According to a recent article on Realtor.com, chief economists are aligned on the thought that 2015 is heading toward becoming a banner year for real estate. Home sales, home prices and mortgage rates are all expected to increase. The Federal Reserve has communicated to financial markets that it will ...

View More
July 17, 2014

Local Market Holding Steady

May's Data for Garfield County is out now. Good news:

  • Bank sales dropped quite a bit with only 5 in May, compared to 16 in April.
  • Snapshot Values are looking steady:

 

  1. Single Family +6%
  2. Multi Family +17%
  3. Vacant Land -20%


There were a total of 201 DOT recordings ...

View More
June 16, 2014

Are Garfield County Home Values Leveling off?

Home ValueDo you believe in statistics? Do you believe that increased supply lowers prices and increased demand raises them?

Back in 2007, I was still a relatively new Realtor and didn't really pay too much attention to the market stats. After the crash, I went back and analyzed what happened ...

View More
Jan. 8, 2014

November 2013 Pitkin County Real Estate Stats

Market update for November 2013 for Aspen, Snowmass Village and Basalt real estate market.

An uptick in sales brought numbers back in line with 2012 numbers in terms of transactions and overall volume this month. Average prices continue to be down year on year. 

 

For full analysis:

Aspen ...

View More
Jan. 8, 2014

Garfield and Pitkin County Market Stats for October 2013

Market update for October 2013 real estate activity in Aspen, Snowmass, Basalt, Carbondale and Glenwood Springs

Throughout the valley, the almost frenzied activity earlier in the year appears to have calmed down as we enter into what could be considered a more stable market.

Foreclosures have continued to be a ...

View More
Nov. 27, 2013

Conforming Loan Limits - Good News for Garfield County and the Roaring Fork Valley

Fannie Mae has just announced that the conforming loan limits for 2014 in Garfield County will be raised to $625,500 from $417,000.

This is good news especially for higher dollar neighborhoods in Glenwood Springs and Carbondale. Previously, sellers in these areas whose homes were worth more than the ...

View More
Nov. 25, 2013

Garfield and Pitkin County Market Stats for September 13

According to Land Title's mot recent analysis of sales in Garfield and Pitkin Counties, sales volume has continued to show steady year on year gains in both counties. While average and median sales prices are up in Garfield County, they are down in Pitkin County. Also of note is ...

View More