property values: Which direction is up?
- 03/16/09 07:05 AM
Customers dropped in the other day. They had heard on the radio that housing values were up here in the mountains, specifically Chaffee County, and decided it was time to jump on the bandwagon and get a property of their own. Now I had sort of thought that values had not dropped any...or at least much...in the last year. So I decided to check out the source. What I found was that although total home sales for 2008 were down by some 30%, the average sale price was up by nearly 8%. That really isn't a true value of property values...which … (0 comments)
property values: The safety of the Colorado mountains
- 02/20/09 01:41 AM
I just love showing property here on the side of the Continental Divide...surrounded by 13- and 14,000 foot peaks. The beauty is astounding and so far, the housing market is holding tight. I have not noticed any real slip in property values, although sales numbers were down for 2008. On the other hand, I have the longest list of potential buyers that I have ever had at this time of year and many of them are actively looking and plan to buy this Spring. This early season activity is supported by my colleagues in other offices, which makes us feel very … (3 comments)
Customers dropped in the other day. They had heard on the radio that housing values were up here in the mountains, specifically Chaffee County, and decided it was time to jump on the bandwagon and get a property of their own. Now I had sort of thought that values had not dropped any...or at least much...in the last year. So I decided to check out the source. What I found was that although total home sales for 2008 were down by some 30%, the average sale price was up by nearly 8%. That really isn't a true value of property values...which … (0 comments)
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