Author: Teresa Moen


Sellers prepare to sell!

Now we enter in to the time of year when spring break is over, the skiers have gone home, and town is quiet. All the home owners have received their revenue from the winter season or have finished up a winter with their families. We have been telling you that our inventory is low and now we are seeing new listings come on the market everyday. If you are getting ready to list your home, it is a good idea to talk with your realtor, Roger and Teresa Moen (of course) prior to that time. We can give you knowledgable tips on how to prepare your home to sell. Sometimes it is a matter of a paint color, the staging of furniture or removing some personal items. It doesn’t always need to be costly. These things sound small but some people have vision for their own colors and furniture and others do not. I remember when my mom sold her home she felt that the wood paneling was a huge selling feature but she didn’t realize that in the 70’s it was. She was unaware of what a buyer was looking for today.
Another good idea is to have a home inspector come to your home and he will write up a report on what needs repairing. Many times sellers are unaware. This helps you in two ways. You will not be blindsided by some major repair such as a roof issue for example and you have the option to remedy whatever your home needs. This also shows the potential buyers that you were a responsible homeowner and they feel more comfortable in their purchase. It also helps you, the seller to substantiate your asking price.
So, I have more, call me let’s talk!!

| | |

What’s happening with the Breckenridge condo market?

Screen Shot 2017-02-01 at 12.14.36 PM

Condo sales in Breckenridge have slowed down in 2016. The reason for this is a low inventory. The demand is still high.This is the lowest the inventory has been since 1998 and that is the farthest back I can go with my available data. So what we do have listed is selling in a matter of days if it is priced right. This graph shows that even though the number of sales are down, if you want to purchase an investment property, Breckenridge has the lion’s share of the county market. This is also why investors purchase in Breckenridge.


Planning a trip to look at Breckenridge Property

If you are planning a trip to Breckenridge and it is during the ski season here are a couple of helpful hints:

Do not get on 1-70 heading down to Denver on a Sunday afternoon. The skier traffic will make your trip much longer.

If you are planing on looking at property, particularly condos in town, many of these will be rented for peak ski season. On Mondays or Tuesdays, you have a better chance of that property being vacant. Many times I have to squeeze in between a check out and a check in.

Have the listings you want to see (that I have sent you) in advance so that we don’t waste your time looking at properties that don’t meet your specific criteria. That way you can make the best and highest use of your time here. More ski time for you!

Keep in mind that once you have decided to make an offer on a property you do not have to come back again if you choose not to. Everything can be done on line and or Fed Ex. I will do all the leg work for you. This makes it so much easier on people that do not live in state.

Hope this helps.