Is Now the Time to Buy a Home in Steamboat Springs?

By
Real Estate Agent with Steamboat Sotheby's International Realty

Is Now the Time to Buy a Home?

Real Estate Affordability Real Estate Affordability

 

Yes. Yes. Yes. Buy a home NOW.

Today just might the best time to invest in real estate in a long time. Prices of Steamboat Springs real estate is down. Interest rates are at a new lows. And consumer confidence is rising. If you think about a roller coaster, we are just about to climb up in real estate values.  In fact, we're already seeing prices rise. So get in while rates are still low.

When interest rates rise, people will not be able to afford as much as they can today. So if you can find the perfect home today, buy it.

In Denver and Steamboat Springs, absorption rate is 2 months for single family homes. So it's not that easy to find the homes of your dream. Inventory might go up this summer, but I'm not confident that will occur.

Call me to talk about your situation. I'm ready to help.

Regards,

Charlie 

Real Estate Associate Broker | Prudential
Local Knowledge | Global Exposure | Defining Service
970-846-6435 | SteamboatsMyHome.com

610 Market Place Plaza, Steamboat Springs, CO 80487

Comments (1)

David Grbich
Realty One Group - www.FindCARealEstate.com - San Juan Capistrano, CA
Orange County Real Estate - 949-500-0484

Hi Charlie, your affordability image says it all - low interest rates have resulted in a great buying opportunity  that will not last forever. Now is the time to buy! Regards Dave

Apr 11, 2013 01:43 AM

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