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With the real estate market having so much variation with what is selling and what is not selling, my question is just because you are licensed in the state does that mean that you should try to sell property in a market you are unfamiliar with? I currently work in second home/investment market that is located in a ski town and about 1 hour from Denver. My market is extremely different than the Denver market and yet we have agents from Denver trying to sell property up here without even doing there research. Just recently I had an out of town agent set up a showing on one of my listings and then leave me and my sellers negative feedback because they were unable to locate the property. Please note that if they were even the slightest bit familiar with the area they would have found the listing. This is only one example, and I do not want to say that out of town agents should not be allowed to show property, what I am trying to get at is that if you truly want to provide a service to your client you should be familiar with the area you are showing property. Just because I have a license in Colorado and can write a contract throughout the state does not mean that I should be selling my friend a house in the city! I do not know that market and would not be able to provide a service to that client. Agents stop being gready and provide a service to the people we are helping. You can still get paid via a refferal and then you would actually be helping your client. Thanks for reading.
With the real estate market having so much variation with what is selling and what is not selling, my question is just because you are licensed in the state does that mean that you should try to sell property in a market you are unfamiliar with? I currently work in second home/investment market that is located in a ski town and about 1 hour from Denver. My market is extremely different than the Denver market and yet we have agents from Denver trying to sell property up here without even doing there research. Just recently I had an out of town agent set up a showing on one of my listings and then leave me and my sellers negative feedback because they were unable to locate the property. Please note that if they were even the slightest bit familiar with the area they would have found the listing. This is only one example, and I do not want to say that out of town agents should not be allowed to show property, what I am trying to get at is that if you truly want to provide a service to your client you should be familiar with the area you are showing property. Just because I have a license in Colorado and can write a contract throughout the state does not mean that I should be selling my friend a house in the city! I do not know that market and would not be able to provide a service to that client. Agents stop being gready and provide a service to the people we are helping. You can still get paid via a refferal and then you would actually be helping your client. Thanks for reading.
HI everyone, I have a great new listing that I just have to share. This is the best priced 2 bedroom 2 bath condo in the Fraser Valley. It is a top floor unit with 180 degree views of the mountains. Located on the shuttle bus route and has a community hot tub. This condo is owned by the original owners and never on a rental program, Extremely Clean. Priced at $214,900. If you or anyone you know would like a deal like this please feel free to contact me anytime. Thanks in advance for looking, and Have a great day! 
72 Jabberwocky, Fraser, CO 80442 List #07-2177 Great top floor end unit with 180 degree views. New appliances with water cop and upgrades throughout. Furniture and furnishings not included. Excellent HOA. Easy to show and quick possession.
| Listing Office | Century 21 Winter Park Real Estate 224000002
Office Phone: (970) 722.2121
Fax: (970) 726.4205
Fax - South Office: (970) 726.5732
Fax-North Office: (970) 726.4205 | Listing Member | Christian Salvatore Infantolino
Office Phone: (970) 722.2121
Fax #: (970) 726.4205 | | Book Section | Condominium | Days On Market | 28 | | Begin Date | 9/15/2007 | End Date | 9/15/2008 | | Status | Active | Status Change Date | 9/14/2007 | | Original List Price | 214,900 | List Price | 214,900 | | Percent Ownership | Full | BB Comm | 3 | | TB Comm | 3 | Var Comm | No | | Listing Type | Exclusive Right-to-Sell:Seller Agency | Reservations | Not Applicable | | Owner | Anderson | How To Show | Contact Listing Office |
| Location, Legal and Taxes |
| Area | Winter Park Area | County | Grand | | Zoning | Res | Monthly HOA Fee | $225.00 | | Taxes | 685.08 | Tax Year | 2006 | | Tax Schedule # | 38370 | Subdivision | SILVERCREST CONDO | | Legal | Condo: Silvercrest Condo Unit 302 Desc: Bldg B |
| General Property Description |
| Realtor.COM Type | Residential - Condo/Townhouse | Property Type | Condominiums | | Approved by MLS | Yes | Terms | cash | | Total SqFt. | 979 | Finished SqFt | 825 | | Year Built | 1979 | Style | Multi-Family | | Total Bedrooms | 2 | Total Bathrooms | 2 | | Total Full Baths | 2 | Garage Type | none | | Garage Stall | other | | |
| Directions | Highway 40 to Safeway. Right at Safeway, through four way. At stop sign take a left, then a right on Jabberwocky. Silvercrest on right. | | Book Msg 2 | *** NEW LISTING *** | | |
| Miscellaneous: | Minimum Earnest $: 5,000; Possession: DOC; HOA Transfer Assess.: Yes; Sales Transfer Tax: No; Earnest Check To: C21 WPRE | | Access Road Maintain: | City | | Legal: | Block/Bldg: B; Lot/Unit: 302 | | Water Source: | Community: Tap Paid; Public: n/a; Well: n/a | | Sewer Source: | Community: Tap Paid; Public: n/a; Septic: n/a | | Utilities: | Electric: Connected; Natural Gas: Connected; Propane Gas: Unknown; Telephone: Connected; Cable TV: Connected; Heat: Electric; Type Heat: Baseboard | | Bathrooms: | Main Bathroom: Full; Main Bathroom 2: Full | | Inclusions: | Dishwasher: yes; Disposal: no; Furniture: no; Microwave: yes; Oven: yes; Range: yes; Refrigerator: yes; W/D Hookup: no; Washer/Dryer: no |
| | Basement: | Basement Type: None | | Fireplace/Wood Stove: | # of Fireplace/Stove: 1; Basement: no; Bedroom: no; Dining Room: no; Family Room: yes; Kitchen: no; Living Room: no; Master Bedroom: no; Fireplace Remarks: gas | | Construction: | Construction: Frame | | Amenities: | Cable TV; Hot Tub; Owners Closet; Trash Removal | | Property/Rental Mgmt: | Property Mgmt Co: Allegiant; Prop Mgmt Co Phone: 970-726-5701; Rental Mgmt Co: n/a | | Description: | Deck; Double Pane Wind; Fireplace; Master Bedroom; Newer Carpet; Remodeled | | Terms: | Cash; Conventional Loan |
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Hi Fellow Bloggers, Here is a great property that I just listed in Grand Elk. It over looks the golf course and has great mountain views. This property is priced at $155/sq foot, and over $150K under assesed value. The seller is motivated and looking for any and all offers. If you have any questions or would like any additional information please feel free to contact me, 970-722-2026. Thanks in advance for your interest.  814 Saddle Ridge, Granby, CO 80446 List #07-1808 Great log home overlooking Grand Elk Golf Course with spectacular views of the mountains. Priced at $155.78 per square foot. Grand Elk membership not included. Motivated seller. Over $100,000 under appraised value. | Listing Office | Century 21 Winter Park Real Estate 224000002
Office Phone: (970) 722.2121
Fax: (970) 726.4205
Fax - South Office: (970) 726.5732
Fax-North Office: (970) 726.4205 | Listing Member | Christian Salvatore Infantolino
Office Phone: (970) 722.2121
Fax #: (970) 726.4205 | | Book Section | Residential | Realtor.COM Type | Residential - Single Family | | Days On Market | 2 | Begin Date | 7/31/2007 | | End Date | 12/31/2007 | Status | Active | | Status Change Date | 7/31/2007 | Original List Price | 599,000 | | List Price | 599,000 | Percent Ownership | Full | | BB Comm | 3 | TB Comm | 3 | | Var Comm | No | Listing Type | Exclusive Right-to-Sell:Seller Agency | | Reservations | Not Applicable | Owner | Davis | | How To Show | Contact Listing Office | | |
| Location, Legal and Taxes |
| Area | Granby Area | County | Grand | | Zoning | RES | Monthly HOA Fee | 54 | | Taxes | 5,945.44 | Tax Year | 2006 | | Tax Schedule # | 300942 | Subdivision | GRAND ELK SUB. | | Legal | Lot C-24, Clubhouse Cabins & The Village @ Saddle Ridge, Grand Elk Ranch & Club, Sec 6 T1N R76W Desc at Rec #2001-011667 |
| General Property Description |
| Property Type | Residential | Approved by MLS | Yes | | Terms | cash | Total SqFt. | 5,043 | | Finished SqFt | 3,845 | Year Built | 2002 | | Style | Three Story | Acres | 0.21 | | Total Bedrooms | 4 | Total Bathrooms | 3.25 | | Total Full Baths | 3 | Garage Type | Attached | | Garage Stall | 2 car | | |
| Directions | Hwy 40 to Grand Elk. | | Permanent Book Msg | Motivated seller | Book Msg 2 | *** NEW LISTING *** |
| Miscellaneous: | Minimum Earnest $: 10,000; Possession: DOC; HOA Transfer Assess.: Yes; Sales Transfer Tax: No; Earnest Check To: C21 WPRE | | Access Road Maintain: | City | | Water Source: | Community: Tap Paid; Public: n/a; Well: n/a | | Sewer Source: | Community: Tap Paid; Public: n/a; Septic: n/a | | Utilities: | Electric: Connected; Natural Gas: Connected; Propane Gas: Unknown; Telephone: Avail. Not Connected; Cable TV: Avail. Not Connected; Heat: Natural Gas; Type Heat: Radiant | | Inclusions: | Dishwasher: yes; Disposal: yes; Furniture: no; Microwave: yes; Oven: yes; Range: yes; Refrigerator: yes; W/D Hookup: yes; Washer/Dryer: no |
| | Basement: | Basement Finished; Basement Type: Full | | Fireplace/Wood Stove: | # of Fireplace/Stove: 2; Basement: no; Bedroom: no; Dining Room: no; Family Room: yes; Kitchen: no; Living Room: yes; Master Bedroom: no; Fireplace Remarks: gas | | Construction: | Construction: Log | | Amenities: | Golf Course; Lodge; Restaurant | | Terms: | Cash; Conventional Loan |
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Information is deemed to be reliable, but is not guaranteed. See copyright notice. Prepared by Christian Salvatore Infantolino on Wednesday, August 01, 2007 12:38 PM The information on this sheet has been made available by the MLS and may not be the listing of the provider.
Hello everyone, I have another property that I need a little help with. Last time I did this the property went under contract, so I guess I am hoping for similar results. This is a great property for the person who needs a ton of garage space and land. There is a 14 ft, 12 ft, and two 10 ft garage door bays. The property is well landscaped and has amazing mountain views. This is a custom log home with awesome tongue and grove pine panneling on the inside. All the trim is custom as well. If you know of a customer that this might work for or you are interested yourself please do not hesitate to contact me. I do pay refferals. Thanks for looking! 
211 County Road 610, Granby, CO 80446 List #06-1500 Great log home, constructed with locally logged trees! Beautifully landscaped 1.9 acres with amazing views of the valley. Enormous 60x40 four-bay heated garage for all your toys/work equipment. Over 5,000 sq. ft. total!
| Listing Office | Century 21 Winter Park Real Estate 224000002
Office Phone: (970) 722.2121
Fax: (970) 726.4205
Fax - South Office: (970) 726.5732
Fax-North Office: (970) 726.4205 | Listing Member | Christian Salvatore Infantolino
Office Phone: (970) 722.2121
Fax #: (970) 726.4205 | | Co-listing Agent | Jennifer OConnor of Century 21 Winter Park Real Estate
Primary Phone: (970) 722.2121 ext. 227
Fax: (970) 726.4205 | Book Section | Residential | | Realtor.COM Type | Multi-Family | Days On Market | | Begin Date | 6/28/2006 | End Date | 7/31/2007 | | Status | Active | Status Change Date | 6/28/2006 | | Original List Price | 599,000 | List Price | 599,000 | | Percent Ownership | Full | BB Comm | 3.0 | | TB Comm | 3.0 | Var Comm | No | | Listing Type | Exclusive Right-to-Sell:Seller Agency | Reservations | Not Applicable | | Owner | How To Show | Contact Listing Office |
| Location, Legal and Taxes |
| Area | Granby Area | County | Grand | | Zoning | R-1 | Monthly HOA Fee | N/A | | Taxes | 1,291.28 | Tax Year | 2006 | | Tax Schedule # | 109481 | Subdivision | GRANBY | | Legal | Tract 1 1.91 AC Rust Outright Subdivision Exemption | | County Road # | 610 | | |
| General Property Description |
| Property Type | Residential | Approved by MLS | Yes | | Terms | cash | Total SqFt. | 5,688 | | Finished SqFt | 2,174 | Year Built | 1991 | | Style | Two Story | Acres | 1.91 | | Total Bedrooms | 3 | Total Bathrooms | 2 | | Garage Type | Attached | Garage Stall | 4 Car |
| Directions | From WP, take 1st R after going over bridge into Granby (at Wrangler Tire), go to top of hill, turn R onto 11th, at end of street turn R into driveway. |
| Miscellaneous: | PP Taxes: 0; Minimum Earnest $: 18,000; Possession: DOC/TOD; HOA Transfer Assess.: No; Sales Transfer Tax: No; Earnest Check To: C21WPRE | | Access Road Maintain: | County | | Water Source: | Community: n/a; Public: n/a; Well: Well In | | Sewer Source: | Community: n/a; Public: Tap Paid; Septic: n/a | | Utilities: | Electric: Connected; Natural Gas: Connected; Propane Gas: Unknown; Telephone: Connected; Cable TV: Connected; Heat: Natural Gas; Type Heat: Forced Air | | Inclusions: | Dishwasher: yes; Disposal: yes; Furniture: no; Microwave: yes; Oven: yes; Range: yes; Refrigerator: yes; W/D Hookup: yes; Washer/Dryer: no |
| | Basement: | Crawl/Slab: Crawl Space | | Fireplace/Wood Stove: | # of Fireplace/Stove: 1; Basement: no; Bedroom: no; Dining Room: no; Family Room: no; Kitchen: no; Living Room: yes; Master Bedroom: no; Fireplace Remarks: wood | | Construction: | Construction: Log | | Description: | Hot Tub; Smoke Alarm; Trees; View Mtns; Work Shop | | Terms: | Cash; Conventional Loan |
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Hi everyone, I need a little help getting this guy sold. So I figured I would throw out a little advertising today. Here is a great 3 bedroom 3 bathroom penthouse unit. It has amazing views of Beyers Peak and the Ski area. This unit is close to all activities, there is a private owners pond and hot tubs as well. Walking distance to the grocery and on the Shuttle route for the ski season. This unit also has a one car garage with electric door opener. The seller is motivated and would love to see offers. If any of you fellow bloggers would like more information, pictures, etc... please do not hesitate to contact me. If you have a client who might be interested, I will pay referals and co-op fees. Thanks for taking a look 
233 County Road 8040, Fraser, CO 80442
List #06-1863
Enjoy incredible, unobstructed views of Byers and the surrounding area from the deck on this 3bd/3ba penthouse unit. Jetted tub in master. Garage included.
| Listing Office | Century 21 Winter Park Real Estate 224000002
Office Phone: (970) 722.2121
Fax: (970) 726.4205
Fax - South Office: (970) 726.5732
Fax-North Office: (970) 726.4205 | Listing Member | Christian Salvatore Infantolino
Office Phone: (970) 722.2121
Fax #: (970) 726.4205 | | Book Section | Condominium | Days On Market | 282 | | Begin Date | 8/7/2006 | End Date | 8/7/2007 | | Fallthrough Date | 5/5/2007 | Status | Active | | Status Change Date | 5/7/2007 | Original List Price | 414,900 | | List Price | 399,900 | Percent Ownership | Full | | BB Comm | TB Comm | | Var Comm | No | Listing Type | Exclusive Right-to-Sell:Seller Agency | | Reservations | Not Applicable | Owner | | How To Show | Contact Listing Office | | |
| Location, Legal and Taxes |
| Area | Winter Park Area | County | Grand | | Zoning | RES | Monthly HOA Fee | 330+/- | | Taxes | 1,307.20 | Tax Year | 2006 | | Tax Schedule # | 302881 | Subdivision | WATERSIDE WEST | | Legal | Condo: Lakeview at Waterside West Unit 304 Bldg E and Garage J | | County Road # | 8040 | | |
| General Property Description |
| Realtor.COM Type | Residential - Condo/Townhouse | Property Type | Condominiums | | Approved by MLS | Yes | Terms | cash | | Total SqFt. | 1,641 | Finished SqFt | 1,473 | | Year Built | 2003 | Style | One Level | | Total Bedrooms | 3 | Total Bathrooms | 3 | | Total Full Baths | 3 | Garage Type | Detached | | Garage Stall | single | | |
| Directions | Hwy 40 to Safeway light, turn towards Safeway at next light, take a L. Go to Bldg E, Unit 304. | | Permanent Book Msg | 3bd/3ba Penthouse w/Garage | | |
| Miscellaneous: | Minimum Earnest $: 10,000; Possession: DOC/TOD; Sales Transfer Tax: No; Earnest Check To: C21WPRE | | Access Road Maintain: | County | | Legal: | Block/Bldg: E; Lot/Unit: 304 | | Water Source: | Community: n/a; Public: Tap Paid; Well: n/a | | Sewer Source: | Community: n/a; Public: Tap Paid; Septic: n/a | | Utilities: | Electric: Connected; Natural Gas: Connected; Propane Gas: Unknown; Telephone: Avail. Not Connected; Cable TV: Connected; Heat: Natural Gas; Type Heat: Radiant | | Inclusions: | Dishwasher: yes; Disposal: yes; Furniture: no; Microwave: yes; Oven: yes; Range: yes; Refrigerator: yes; W/D Hookup: yes; Washer/Dryer: no |
| | Fireplace/Wood Stove: | # of Fireplace/Stove: 1; Basement: no; Bedroom: no; Dining Room: no; Family Room: no; Kitchen: no; Living Room: yes; Master Bedroom: no; Fireplace Remarks: gas | | Construction: | Construction: Frame | | Amenities: | Cable TV; Hot Tub; Insurance; Road Maintenance; Trash Removal | | Property/Rental Mgmt: | Property Mgmt Co: WPVR; Rental Mgmt Co: N/A | | Description: | View Mtns | | Terms: | Cash; Conventional Loan |
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Just because I work a ton does not mean I do not like to play. It is mountain bike season, but just the beging. Most trials in the Winter Park area are still wet and unridable, but there are a few out there. Stay at lower elevations such as Tabernash or Granby and most is dry and rideable. I spun around the phases and only ran into one wet spot at the bottom of the trail. I think that I will use this blog to update the trails that I have ridden and there condition. Do not hesitate to contact me for any information about Grand County. Thanks and have a Great Ride!
I watched last nights program with an open mind, and thought that 60 minutes was going to not sway the discussion one way or the other; however after watching the program I was not pleased. For starters, if you were a lay person and not a professional your first comment would be "Why should I use a Realtor, when I can get the same services for much less?" My comment is that you are not getting the same services. What 60 minutes did not show is how little these companies do for you, and when something goes wrong how fast these companies are to blame or stay away from their "clients". I am currently working on a deal where the sellers have used one of these brokers and I have the buyers. Now this worked out in my favor because I had to do all the negotiating directly with the seller who had no knowledge of our market, Not my fault, I am a Buyers Agent. Now for the Agency discussion! I noticed last night how every time this "Redfin" guy spoke he talked about being an Agent for the client. I find it hard to believe that any low fee broker can provide the services of a true agent. Here in Colorado we have different Agency Law, meaning that there are three ways that we can work with a client, AGENT/Transaction Broker/Customer. The general public does get confused as to the differences, but as a professional one should know these. If you are working as an Agent in Colorado you are held to a higher level of responsibility and you have many more duties to your client than if you are a Transaction Broker. The major difference between the two is best described as the difference between a "Coach, Agent" or a "Referee, Transaction Broker". I do not feel that these low fee brokers are doing there clients the service that is expected. The last point of contention comes with the quoted commision. Last nights program constantly repeated that us Realtors ask for 6% of the commision. Well let me say that it is Illeagal to have a standardized commision. Comissions are negotiated and can change constantly. It may be a company policy or a personal business decision to take 6% all the time, but this is not set in stone, like it was talked about last night. Realtors provide a service that these low fee brokers can not! If anyone wants to know more about what we can provide that these companies can not please feel free to contact me and discuss. I will be more than happy to discuss my personal involvment with these types of companies and how they do not do a service for there clients and then we have to clean up the mess.
So just in case you are wondering, I am on floor today and it is relatively quiet. I was able to take a walk in out all morning and have the afternoon free. So being the numbers guy that I am I decided to pull some of the sales statistics for Grand County Colorado by area. I thought that some of you might be interested or have clients that are interested in this information. Have fun and make sure to enjoy your weekend. Sales Statistics by Area
For 4/12/2007 To 5/12/2007
| | Units | Volume | Average
Sale Price | Median
Sale Price | Avg. Diff.
SP to LP | Avg.
DOM | | All sold listings | 91 | $51,615,839 | $567,207 | $277,000 | - $144,337 | 229 | | Co-op Sales | 43 | $33,036,734 | $768,296 | $280,000 | - $282,527 | 255 | | Non Co-op Sales | 48 | $18,579,105 | $387,065 | $273,500 | - $20,541 | 207 |
| Property Type/Area | Units | Volume | Average
Sale Price | Median
Sale Price | Avg. Diff.
SP to LP | Avg.
DOM | | Residential | 39 | $19,998,745 | $512,788 | $349,900 | - $28,459 | 218 | | Granby Area | 9 | $3,836,780 | $426,309 | $374,820 | - $6,029 | 206 | | Great Lakes Area | 5 | $3,073,000 | $614,600 | $298,000 | - $6,960 | 125 | | Hot Sulphur Springs Area | 4 | $959,000 | $239,750 | $275,000 | - $15,125 | 397 | | Kremmling Area | 3 | $679,900 | $226,633 | $239,900 | - $3,000 | 212 | | Out of County | 0 | $0 | $0 | $0 | $0 | NA | | Winter Park Area | 18 | $11,450,065 | $636,115 | $480,968 | - $52,853 | 210 | | Condominiums | 30 | $7,469,200 | $248,973 | $214,750 | - $6,923 | 100 | | Granby Area | 1 | $238,900 | $238,900 | $238,900 | - $7,000 | 127 | | Great Lakes Area | 0 | $0 | $0 | $0 | $0 | NA | | Hot Sulphur Springs Area | 0 | $0 | $0 | $0 | $0 | NA | | Kremmling Area | 0 | $0 | $0 | $0 | $0 | NA | | Out of County | 0 | $0 | $0 | $0 | $0 | NA | | Winter Park Area | 29 | $7,230,300 | $249,321 | $212,000 | - $6,921 | 99 | | Vacant Land/Acreage | 20 | $23,357,894 | $1,167,895 | $141,950 | - $587,600 | 440 | | Granby Area | 5 | $560,400 | $112,080 | $134,000 | - $8,560 | 549 | | Great Lakes Area | 3 | $408,250 | $136,083 | $100,000 | - $9,417 | 384 | | Hot Sulphur Springs Area | 1 | $1,300,000 | $1,300,000 | $1,300,000 | $0 | 355 | | Kremmling Area | 8 | $5,417,000 | $677,125 | $54,000 | - $305,538 | 483 | | Out of County | 0 | $0 | $0 | $0 | $0 | NA | | Winter Park Area | 3 | $15,672,244 | $5,224,081 | $215,000 | - $3,078,885 | 230 | | Inc/Comm/Ranch | 1 | $270,000 | $270,000 | $270,000 | - $30,000 | 348 | | Granby Area | 1 | $270,000 | $270,000 | $270,000 | - $30,000 | 348 | | Great Lakes Area | 0 | $0 | $0 | $0 | $0 | NA | | Hot Sulphur Springs Area | 0 | $0 | $0 | $0 | $0 | NA | | Kremmling Area | 0 | $0 | $0 | $0 | $0 | NA | | Out of County | 0 | $0 | $0 | $0 | $0 | NA | | Winter Park Area | 0 | $0 | $0 | $0 | $0 | NA | | PUD/Commercial Land | 1 | $520,000 | $520,000 | $520,000 | - $35,000 | 256 | | Granby Area | 1 | $520,000 | $520,000 | $520,000 | - $35,000 | 256 | | Great Lakes Area | 0 | $0 | $0 | $0 | $0 | NA | | Hot Sulphur Springs Area | 0 | $0 | $0 | $0 | $0 | NA | | Kremmling Area | 0 | $0 | $0 | $0 | $0 | NA | | Out of County | 0 | $0 | $0 | $0 | $0 | NA | | Winter Park Area | 0 | $0 | $0 | $0 | $0 | NA |
So everything you read in the papers or hear on the news is about how real estate prices are dropping and that the "BUBBLE" is going to pop. This is what the media is presenting to the public, in turn this is what my clients are coming armed with, with regards to information. I read a great deal of general information on real estate so that I know what my clients are reading, but it is not relavant to my market. How do you convince an investor or second home buyer that your market is not the same as "DENVER"? One of the main differences is that people who buy in my market buy with discretionary money. They do not have to buy property, and when they do buy they buy for different reasons then people who buy in primary residence markets. People buy for investment, enjoyment, tax shelters, and many other reasons, but let me say again they DO NOT HAVE to buy. The other differences are financing. Many buyers in my market buy in cash or with heavy down payments, minimum of 75%LTV; where as in the primary market there are a great deal of arms, 100% financing, and sub prime loans. Now I am not a lender or mortgage broker, but it is my belief that the adjustment that we are feeling in the primary market is attributed to the sub prime market and 100% financing. Let it be known that this is only about 10% of the market and that in my opinion 10% is considered an adjustment rather then a "POP". So know I am faced with clients who have the money, credit, etc.., they are ready to buy, but they do not want to listen to me with regards to the market information. They feel that if the "Denver" market is a buyers market, then the resort market which I am in must be the same. Thanks for listning!
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Christian Infantolino RSPS
Winter Park, CO
More about me…
Century 21 Winterpark Real Estate
Office Phone: (970) 722-2026
Cell Phone: (970) 531-0408
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Christian Infantolino RSPS
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