Coldwell Banker Distinctive Properties

Vail Real Estate Blog

The Importance of Using a Professional to Sell Your Home

Posted by Matt Dannals on April 13, 2017 in  Sellers
When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers, the most important result is actually getting their homes sold. In order to accomplish all three goals, a seller should realize the importance of using a real estate professional. We realize that technology has changed the purchaser’s behavior during the home buying process. According to the National Associat... read more
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Buying this Spring? Be Prepared for Bidding Wars

Posted by Matt Dannals on April 15, 2017 in  Buyers
Traditionally, spring is the busiest season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on buyer activity. This year will be no different! Buyers have already been out in force looking for their dream homes and more are on their way, but the challenge is that the inventory of homes for sale has not kept up with demand, which has lead to A LOT of competition for the homes that are available. A recent Bloomberg article t... read more
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Careful…Don’t Get Caught in the Rental Trap!

Posted by Matt Dannals on April 16, 2017 in  Buyers
There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped  Jonathan Smoke, Chief Economist at realtor.com, reported on what he calls a “Rental Affordability Crisis.” He warns that, “Low rental vacancies and a lack of new rental construction are pushing up rents, and we expect that they&rs... read more
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The 'REAL' News about Housing Affordability

Posted by Matt Dannals on April 17, 2017 in  Buyers
Some industry experts are claiming that the housing market may be headed for a slowdown as we proceed through 2017, based on rising home prices and a potential jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by the National Association of Realtors (NAR). Here is how NAR defines the index: “The Housing Affordability Index measures whether or not a typical family earns enough income to qualify for a m... read more
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Thinking of Selling? Now Is the Time to Act

Posted by Matt Dannals on April 18, 2017 in  Sellers
If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market. Jonathan Smoke, Chief Economist at realtor.com, revealed in a recent article&n... read more
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