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March 2021 Market Update

Speaking of being prepared, this time of year is historically known as the 'slow time' in real estate, before the busy late spring/early summer listing season. Although coming off of a year that has been very hard to predict, it still remains to be seen if we will experience our typical increase in inventory. Lack of inventory has kept us [...]

Want to Know the Best Things to Do in Grand Lake, CO?

Are you visiting GrandLake,Colorado for the first time? Whether youre an in-staterlooking for a staycation or aretravelingfrom across the country, there are plenty of greatthings to do in Grand Lake, CO, foreveryone! From cross-country skiing in the winter to boating in the summer, theres always something fun to do in Grand Lake, CO. Read on for five of our favorite things to do in [...]

February 2021 Market Summary

Happy Birthday to us!! It was 13 years ago in February when eight seasoned, local Realtors came together to open a new business in our beloved little town of Winter Park. We moved into our sweet, quirky, freshly renovated shop in the heart of town that used to be home to The Manifest- a quaint weekly newspaper that preceded the current Sky [...]

Want to Know the Best Things to Do During Spring in Winter Park?

This year,ditch the coastal destinations and head to the mountainsfor spring break!The spring seasonboasts world-classskiing and snowboarding, fabulous natural hot springs, and more. Its a great place to enjoy a perfect blend of excitement and relaxation. Plus,its the last chance to ski before the season comes to an end. Read on for more information on how to [...]

January 2021 Market Summary

January 2021 Market Summary According to a December 2020 article in Forbes, over 6.5 million people were expected to participate in Dry January in 2021, which is the pledge to take the month off from imbibing in alcohol. Sadly, Mother Nature has also decided to participate in her dryness through much of the Rockies. When you are done reading [...]

These Are the Best Hidden Gems in Colorado

Colorado is filled with exciting things to do and see! Some of the most popular activities for locals and tourists alike include skiing, hiking, and other outdoor recreation. While these are all fantastic ways to spend the day, we encourage you to venture out and discover some hidden gems in Colorado! From natural hot springs to one-of-a-kind rock formations, there are many things to explore off the beaten path. Read on to learn more [...]

December 2020 Market Update

In the mad dash to close out 2020, we want to share a couple quick tidbits of what is happening in Grand County. 2020 was the year of many new and unprecedented events. As we move into 2021, we will continue to overuse the words 'pivot' and 'shift' in our daily lives along with everyone else on the planet. From making ski reservations at our favorite ski resort to enduring more virtual meetings, we are determined to make the new year a great one. It's been a quieter month in Grand County for new listings and under contracts. This is not a function of the pandemic so much as a trend we almost always experience at the end of each year. Homeowners are sitting tight in hopes of enjoying holidays and winter activities and/or enjoying peak rental income. We anticipate a trickle of new listings mid January 2021 and continued Buyer demand for the limited inventory. The recent forecast by the top economists at the National Association of Realtors predicts an escalating home buying trend. This is largely due to strong nancial positions of many (equity in both real estate and the stock market), low interest rates and people desiring new/different space as they continue to work from home. 30 year mortgage rates nished out the second week of December at a record low of 2.71%. This gure reects new purchase rates, not renances. Our friends at Fannie and Freddie are padding their pockets with an additional fee or rate bump for those looking to renance. While these rates are still very appealing, make sure you ask your lender about this rate to make sure it makes sense for you nancially. Year to date, there have been over $685 Million in sales in Grand County, not counting private sales off of the MLS. We at Real Estate of Winter Park are proud to toot our horn as stakeholders in $275M of those sales. We appreciate the patience and perseverance of everyone this year and have several hopes for next year. Besides the obvious wishes of good health, happiness and a pandemic free world, we hope you will help the local community by supporting our businesses and wildre remediation efforts as many businesses and residents are suffering insurmountable nancial losses in Grand County. We hope you can wrap up this calendar year with less of a hustle and frantic scramble to get things done and enjoy the peace and quiet. We look forward to seeing your full faces in 2021. To appreciate the beauty of a snowake, it is necessary to stand out in the cold -Aristotle
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