Park City, Utah — a mansion fit for a Bond villain, or maybe Bond himself, is being constructed. While many of us were busy deciding whether or not to put on pants for our Zoom meetings (or months off) during the shutdown, Matt Alcone of Alcone Ventures bought some land for this surreal project. Based on the James Bond movie Spectre, this… [Read More]
JULY/AUGUST 2022 NEWSLETTER 🎙️
PURCHASES ARE DOWN…IS THE SKY FALLING? Locally, housing inventory is back on the rise after what felt like the most competitive two years. Colorado buyers have slowed their frenetic pace, and many have completely hit the brakes on their home purchases. They are afraid of the current recession and how bad things may get. Rising… [Read More]
JUNE/JULY 2022 NEWSLETTER 🎙️
A quick anecdote before we dive into the current state of housing inventory: While most of us have started to sweat every time we fill up our gas tanks or pay the energy bill, wealthy buyers in Aspen are trying to outbid each other on ultra-luxury homes that are not even for sale. As the… [Read More]
MAY/JUNE 2022 NEWSLETTER 🎙️
HOUSING MARKET UPDATE A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty. — Many people I have spoken with have no idea what to think about the current housing market. The media leads people to believe that we are in another housing bubble but that it’s a “different type… [Read More]
Market Trends Report | MAY. ’22📺
While inventory is on the rise, so are prices. The average price of a single-family detached home in Denver Metro is $825,073, representing a 3.93 percent increase from last month. With consecutive months of increased fees and interest rates, a buyer’s monthly mortgage has also increased. The average close-price-to-list-price ratio in April for the detached… [Read More]
APR/MAY 2022 NEWSLETTER 🎙️
What Does Rising Inflation Mean for Real Estate? Not only have high winds been relentless this month, but the winds of change may also be upon us. Anyone not living under a rock has probably noticed higher prices for gas, groceries, and just about everything else. Although the inflation rate was already rising at the… [Read More]
Is It Time To Buy a Smaller Home? 🏡
Life events can significantly impact what you need from your home, and retirement is one of the most significant changes many of us face. This period of your life can mean doing more things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies. But what does that mean for your home?… [Read More]
Market Trends Report | APR. ’22📺
With a significant increase in month-end active and new listings hitting the market, a slight seasonal shift will positively impact buyers who have started to feel fatigued in the residential market. At the same time, current homeowners continue their unprecedented growth in equity. With a historically high average sales price of $705,812 and increased interest… [Read More]
Best Advice in Today’s Market 🏡
Having an experienced guide coaching you through buying or selling a home is essential in a stock market – but today’s market is far from ordinary. As a result, an expert real estate advisor isn’t just good to have by your side; they’re essential. Today’s housing market is full of extremes. Experts project mortgage rates will continue… [Read More]
Reason To Sell Your House Today 🏠👌
Almost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing supply. Purchaser demand is extreme right now. The National Association of Realtors (NAR) just released their latest Existing Home Sales Report, revealing that sales surged in January. Existing home sales rose to… [Read More]