Coldwell Banker Distinctive Properties

Vail Real Estate Blog

Homes are Selling Fast Across the Country

Posted by Matt Dannals on April 29, 2017 in  Sellers
Some Highlights: The National Association of REALTORS® surveyed their members for their monthly Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes sold in 60 days or less in 36 out of 50 states, and Washington D.C. Homes typically went under contract... read more
| 0

Your Tax Return: Bring it Home

Posted by Matt Dannals on April 27, 2017 in  Buyers
This time of year, many people eagerly check their mailboxes looking for their tax return check from the IRS. But, what do most people plan to do with the money? GO Banking Rates recently surveyed Americans and asked the question - “What do you plan on doing with your tax refund?” The results of the survey were interesting. Here is what they plan to do with their money: 41% - Put it into savings 38% - Pay off debt 11% - Go on a vacation 5% - Make a major... read more
| 0

Here’s Why You Should Buy

Posted by Matt Dannals on April 26, 2017 in  Buyers
Real Estate mogul, Sean Conlon, host of The Deed: Chicago on CNBC, was recently asked the question, should you buy? Or should you rent a house? Conlon responded: “I am a true believer that you save every penny and you buy your first house… and that is still the fastest path to wealth in this country.” Conlon went on to suggest that first-time buyers put down 10-20% “if they can make it work,” and to remain in their home at least 4-5 ye... read more
| 0

3 Charts That Shout, ‘List Your Home Today!’

Posted by Matt Dannals on April 25, 2017 in  Sellers
In school, we all learned the theory of supply and demand. When the demand for an item is greater than the supply of that item, the price will surely rise. SUPPLY The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 3.8-month supply. This is considerably lower than the 6-month supply necessary for a normal market.   DEMAND Every month NAR reports on the number of buyers out in the market looking for ... read more
| 0

How Fast Can You Save for a Down Payment?

Posted by Matt Dannals on April 24, 2017 in  Buyers
Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long would it take you to save for a down payment in each state? Using data from the United States Census Bureau and Zillow, we determined how long it would take, nationwide, for a first-time buyer to save enough money for a down payment on their dream home. There is a long-stan... read more
| 0

 Categories