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Winter Park Real Estate Tips for Deciding the Best Place to Live in Colorado

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If you're thinking about relocating to a mountainous state, you probably wonder where to live in Colorado. There are so many beautiful towns throughout the state, but the Winter Park area is one of the best places to live. Just over an hour from Denver and an hour and a half from Boulder, Grand County gives you the best of both [...]

Market Update March 2022

Spring break- whoop whoop! We are in the midst of the busiest weeks of the ski season outside of the Christmas/New Year holiday. There is very little vacancy in lodging right now and LOTS of vacancy on the shelves at the local supermarkets. The weather is a mixed bag of bluebird, slushy bump, mandatory SPF 50 days and the "why didnt I wear [...]

The Top 5 Spots for Whitewater Rafting Near Denver

You dont have to live in the city to enjoy whitewater rafting near Denver or any of the citys other popular attractions. Winter Park is one of the best mountain towns near Denver because of its easy access to all the best things to do in and around the city. Ready to experience Colorados outdoors like never before? Then its time to jump into [...]

Save Time & Money When You Buy Your Winter Park Lift Tickets Online

Did you know you can purchase single-day or multi-day Winter Park lift tickets online? This can save you time, money, and secure your spot on the mountain. Reserved lift tickets mean more time on the slopes! When youre ready to start planning your trip to the mountain, use one of our recommended vendors to get your Winter Park lift tickets, and then check out our Winter Activities Guide to see how to make the most out of this season in Winter Park!

Don't Miss the Chance to Get Your Winter Park Lift Tickets Online

Get Your Winter Park Lift Ticket or Pass Directly from Winter Park Resort

Plan ahead and lock in your dates to ski or ride the 3,000 acres of Winter Park. Get your Winter Park lift tickets and passes directly through Winter Park Resort before its too late! Choose from single-day tickets, discounted triple-day, or midweek passes. If youre a local to the Winter Park skiing scene, dont miss out on the chance to purchase your Winter Park season pass with pass holder perks like untouched powder and crispy corduroy before anyone else! And dont forget, if youre an uphill skier, you're required to pre-purchase your Uphill Access Armband online, even if youre a season pass holder. Looking for more powder worldwide? Check out the Ikon Pass, with no blackout dates at 47 unique destinations around the world, including unlimited access to Winter Park!

Purchase a Discounted Single-Day Ticket or Multi-Day Lift Pass from Liftopia

You can search thousands of passes or reserved lift ticket deals on Liftopia to get the best deal on your Winter Park lift tickets before you even get there! This is a great site to search multiple ski destinations so you can plan your entire skiing or snowboarding trip in one shot. Hurry! Buy now before prices increase!

Make the Most of Your Time on the Mountain

Winter Park is the closest major mountain destination to Denver, and with some of the most consistent snow in Colorado, you dont want to miss out on all the ski season has to offer. You can experience the best of Colorado unfiltered with the whole family when you book a day of Winter Park tubing or a Sno Go Ski bike tour!

Discover Why Youll Want to Make the Mountains Your Home

Now that you know where to purchase Winter Park lift tickets, its time to plan your visit to our areas premier mountain resort. Is it your dream to live just a short drive from one of the best ski resorts in the United States? Real Estate of Winter Park can make your dream a reality by helping you find the perfect home in Grand County! We offer a wide array of homes, condos, townhouses, and plots of land within driving distance of Winter Park Resort. Search our properties to begin your journey to life in Winter Park!

Everything You Need to Know About Winter Park Real Estate Market Trends for 2022

Welcome to 2022! Could this year be the year you purchase a primary or secondary home in Winter Park? Are you looking for an income property? In order to be an informed buyer (remove /seller), its good to be knowledgeable about the current market. To help you make an educated decision, weve compiled a fewnotable Winter Park real estate market trends for 2022. Read on to learn more! When youre ready to sell or purchase a home in Grand County,check out ourResources forBuyersandSellers. Its a great place to begin your journey to buying or selling a home with Real Estate of Winter Park!

Top Winter Park Real Estate Market Trends for 2022

According to the Natl Assoc of Realtors (NAR), 6.12 million existing homes were sold in the US in 2021. This is the highest number of existing home sales since 2006.

What does this mean for buyers/sellers? Despite low inventory, we are still on an upward trajectory in the real estate market across the country. There are no real indications that we are facing a crash like we did ten years ago, especially in a state like Colorado, where the population growth has been exponential over the past decade.

Chief Economist at NAR, Lawrence Yun, predicts that home sales will slow slightly due to lesser inventory.

What should buyers/sellers expect as a result? It will continue to be a Sellers Market. Buyers who want to purchase need to be ready with down payment funds, a pre-approval lender letter, and a cash offer will always retain an advantage. Leveraging assets is helpful to obtain cash, but it presents a risk if and when the market does adjust.

Interest rates are expected to rise in 2022 but still should remain at record lows; NAR predicts a 3.7% 30-year interest rate as the high for 2022. Some other economists feel it could be between 3.5% and 4%

Basically, this means that although interest rates are going up, real estate is still a relatively sound investment at this time because 3.7% is still historically low.

2021 ended with the lowest month of inventory (Dec) since 2006 across the country.

What is so significant about low inventory? Low inventory means fewer home sales but also means that when a seller does list their home, they will get top dollar for it. This also means that many buyers may shy away from putting offers into the homes that do come on the market to avoid a bidding war. Multiple offers will continue to be prevalent in 2022.

Second homes and investment properties will face additional lending fees imposed by Fannie Mae and Freddie Mac starting April 1.

This is a Heads-up to our second-home buyersyoull encounter more fees soon when buying property. The cost of borrowing money will increase in second home/investment loans, so purchasing power decreases.

1031 exchanges are currently OFF the chopping block, but this is always something to watch per the current presidential administration.

A 1031 exchangeallows you to avoid paying capital gains taxes when you sell an investment property and reinvest the proceeds from the sale within certain time limits in a property or properties of like kind and equal or greater value. It is significantbecausepeople perform 1031 exchanges to defer a tax burden and getting rid of this ability would have Capital Gains implications. In our opinion, this is damaging to the second/investment home market, where folks defer Capital Gains tax but still are cycling money through the economy, which is essential to a robust real estate market and the overall economy.

In Colorado, supply in second-home areas are still at record lows for existing home sales, development/construction is prevalent in all communities trying to fill demand, but we are still not meeting current demand

What does this mean for buyers/sellers? Demand is strong, but supply is low, which still favors sellers. Home sales are down because of a lack of inventory. Development/construction is slow-going for many reasons, including supply chain issues, lack of materials because of the strong demand, thinning of the labor pool, etc. This means that prices will remain high because it is hard to determine, in this uncertain time, when the supply will meet the demand. With this said, it seems we are leveling out a bit compared to a year ago, as there is only so much a buyer will pay for a property regardless of the low inventory.

Curious to Learn More?

Contact our team to get started on your buyer/seller journey. Wed be happy to answer any of your market questions and help you make the best decision for you and your family!

January 2022 Market Update

A recent, local news headline stated Winter Park snow pack is 125% above average. Thanks to an incredibly snowy holiday/post holiday season, we are fortunate to have extra large snowbanks and a great base for all the winter sports! That 125% greater than average" also rings true with our current real estate market. Maybe 125% is not the [...]

Plan the Best Trip from Dallas to Winter Park, CO

Escape to Texas heat with a trip from Dallas to Winter Park, CO. While everything may not be bigger here, our area offers a host of activities that you cant find in the Lone Star State. During your visit to our area, you can explore the slopes, make friends with locals, and even search for-sale properties as you dream of a second home in the [...]

October/November Market Report

The lifts (or at least one) are spinning at Winter Park Resort for the 21/22 ski season- hooray! Time to sharpen those edges, wipe the dust off your goggles and make sure no critter has taken residency in your ski boots! We are experiencing a slight lull before the storm of visitors arrive for the holiday season. However, our towns have been [...]

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