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Winter Park Market News

First Quarter Summary - Bank Owned and Short Sales - by Jean Wolter

The first quarter activity for bank owned properties, in comparison with 2010, in the Winter Park, Grand Lake and Granby areas varies depending on the property type. There is a definite increase in listings. In Granby there are currently 12 Bank owned homes and townhomes available last year there were 7. We have seen 3 homes sold in Granby [...]

Bank Owned Properties in the Winter Park, Grand Lake and Granby Areas a year end summary. - by Jean Wolter

In the Winter Park, Grand Lake and Granby areas there was a total of 78 Bank Owned properties that sold through December 10, 2010. This number represents 16% of the total closed transactions in these three areas this year and a 46% increase over Bank Owned properties that sold last year. Currently there are 168 active Bank Owned listings in [...]

Bank Owned Properties in the Granby, Grand Lake and Winter Park Areas as of September 10, 2010 - by Jean Wolter

We've seen the number of Bank Owned Listings in the Winter Park, Granbyand Grand Lake areas increase in the past month to 53! There are some incredible deals available. Winter Park Area Listings: In the Winter Park area the number of bank owned listing went up to 19. Prices range from $157,000 for a 1 acre vacant lot in Leland Creek to [...]

Rule of 72 - by Ron Owens

Recently, a friend and I were discussing interest rates and how long it would take to double your money. During our discussion he introduced me to the Rule of 72. It is a simple and fairly accurate formula to determine the number of years it takes to double your money at different interest rates. You simply divide 72 by the average annual [...]

First Time Home Buyers Class offered in Grand County - by Jean Wolter

Are you dreaming of owning your own home and wondering how to get started? Not sure if you can qualify for a loan in todays market? Grand County offers a first time home buyers class once a month. The workshop covers everything you need to know to purchase a home including how to determine if you can afford it, how to find a loan and how a [...]

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