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  • How’s The Market In Breckenridge 1/4/14

    How’s the Breckenridge, Colorado real estate market? It’s time for our year end review! We have a recovering market, with

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  • Teresa’s take on the market for negotiations

    Well, now here we are in early 2014. The climate now is much more balanced in the real estate market. Here in Breckenridge the Sellers and Buyers are on a more balanced playing field.We offer a wide variety of statistics, spreadsheets and data but we are still dealing with people in this business. The way to negotiate the best deal for yourself in buying a property isn’t always about the numbers. So my clients are asking me what the feel is for Buyers and Sellers. Before the 2007-08 recession the Sellers were boss. They could claim whatever price they wanted pretty much and the properties would fly off the shelf. During the recession Buyers were worth everything. They were king and the Sellers were happy to get an offer. Any offer. So let’s hope the balance continues! Happy New Year.

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  • Summit County Foreclosures Dec 2013

    Hello from Breckenridge, Colorado!

    What’s going on with foreclosures in Summit County? Are there more than ever, or fewer than there were?

    Get the quick answer from our 1-minute video, or see the details below.

    The short answer is: The wave of foreclosures has clearly crested, and is on the decline. The number of foreclosures in Summit County is half of what it was last year, and only about one-third of what it was in 2011.

    The chart below shows the number of properties that went into foreclosure in Summit County:

    • All property types (homes, condos, land, commercial, etc) are included except timeshares
    • In 2008, there were only 33 foreclosures, county-wide. In 2009: 47. Then a big jump to 104 in 2010, peaking at 145 foreclosures in 2011.
    • So far, through the end of November 2013, we’ve had 46, vs 82 last year at this time. So, we are at roughly half the number of foreclosures compared to last year at this time. Good news!
    • At the end of November 2011, there were 137 foreclosures. Compare to 46 so far in 2013, we have only one-third the number of foreclosures vs 2011. That’s great news!

    SummCntyForeDec2013 500

    The raw data for this chart was provided by Maggie Dew, the Business Development Officer for the Summit County branch of Stewart Title. You can reach her at (970) 393-2536. Thanks, Maggie!

    Please contact us if you have any questions about the above information.

    Roger and Teresa Moen

    Roger & Teresa Moen
    Your Mountain Realtors
    (970) 376-2039

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