Teresa’s take on things for second home owners and buyers
Every once in awhile I like to just tell you straight what is happening. So it looks like 2014 is going to be great. We have already sold millions of dollars in real estate and the first quarter isn’t even over. This means it is going to be a great summer. Summer is when we sell most of the homes here in Summit County. Because the prices are still low as we recover from the recession the buyers are buying up everything I believe that many of our home owners and condo owners have been waiting for the market to recover before they list their properties. Since we are seeing some appreciation things are starting to move. Our inventory is low right now for second homes. If you are thinking about selling this is a great time to get it out there for those summer buyers. The buyers are happy because they are still getting in on those 2005-06 prices and low interest rates. Remember here in Breckenridge those ski in ski out properties start to become available as the winter ski tourist go home and the summer buyers come in.