As we enter in to the new year the appreciation has been minimal here in Breckenridge. Also the sales were up only 5%. We are recovering but it is slow so if you were thinking about trading up for a larger condo or house closer to town etc this could be a great time. We did just that and bought a larger condo for almost the same price as we sold one for as we had built up equity. With interest rates still low and prices still low if you choose it right it could be a great way to get that property you really want. Some segments are increasing at different rates or different times of the year. For example studios are selling hotter right now than one or two bedrooms for example. Real estate is always about timing. Let us know if we can help.
By Teresa Moen
Posted on January 26, 2015 at 6:15 pm
Categories: Blog, Teresa's Take On Things