Taken from REALTOR Magazine....
"According to federal officials at a financial conference at Vanderbilt University...THE WORST OF THE FINANCIAL CRISIS IS OVER!!!!
Frank Nothaft, the chief economist for Freddie Mac, said houseing sales have just about hit bottom and a third of home sales are now foreclosed properties.
New York Fed chief William Dudley complained that the programs the government has put in place are being undermined by public perception that they are unfair to average taxpayers and that has made some potential investors fearful that they would be the focus of public outrange if they profit from the programs."
The Grand County/Winter Park real estate market is heavy with inventory with some very motivated sellers. There are some good deals for buyers willing to take the plunge into a great ski resort and recreation community.
Sunday, April 26, 2009
Friday, April 10, 2009
Grand County's Fraser Fire Station Remodel
We all appreciate the hard work and potentially life threatening situations that our firefighters put themselves into. The Fraser fire station has had up upgrades including the installation of a fire-sprinkler system, new windows and new living suites. The district also hopes to remodel the kitchen, baths and expand the excercise room. Stop by and say "Thank you" to those serving the community!
Signs of a Market Rebound
Although we wish we had a crystal ball to know when the market will turn, there are a couple of signs that we all should be watching for according to NAR's chief economist Lawrence Yun.
-Number of people filing for unemployment drops
-Bank Balance sheets stop showing losses
-Home prices stabilize
-Companies begin hiring temp worker
-Consumer confidence rebounds
These of course are general signs for the nation. Many areas including second home locations have not been hit as hard as the metro areas. It is still a great time to buy and we all know to buy low and sell high! Some sellers are extremely motivated to sell while others are quite content to enjoy their property while they own it and are not desperate to sell.
Call team "Winter Park Partners" today and we can help in your search
855-538-8666
-Number of people filing for unemployment drops
-Bank Balance sheets stop showing losses
-Home prices stabilize
-Companies begin hiring temp worker
-Consumer confidence rebounds
These of course are general signs for the nation. Many areas including second home locations have not been hit as hard as the metro areas. It is still a great time to buy and we all know to buy low and sell high! Some sellers are extremely motivated to sell while others are quite content to enjoy their property while they own it and are not desperate to sell.
Call team "Winter Park Partners" today and we can help in your search
855-538-8666
Sunday, April 5, 2009
Building Wealth through Home Ownership
According to the National Association of Realtors, home values appreciate 4.5 annually on average. Today, we are seeing large fluctuations but in certain areas, sales price is fairly flat.
Most of us put as little down in cash as possible. The amount of cash buyers put into their home determines their return on equity, which is the total return on the cash they initially invested. So the return on equity can be astronomical....if you buy at the right time. BUY LOW and SELL HIGH.
The real estate market is ripe for buyers!
Call team "Winter Park Partners" 866-538-8666
Let us show you all the great units that are available.
Most of us put as little down in cash as possible. The amount of cash buyers put into their home determines their return on equity, which is the total return on the cash they initially invested. So the return on equity can be astronomical....if you buy at the right time. BUY LOW and SELL HIGH.
The real estate market is ripe for buyers!
Call team "Winter Park Partners" 866-538-8666
Let us show you all the great units that are available.
Friday, April 3, 2009
Top 10 Highest Taxed States-Colorado is not included
Good news for us Coloradans- According to the National Association of Realtors Newsletter dated April 3, 2009, we are not in the top 10 highest taxed states!
"Top 10 Most Heavily Taxed States
It’s April, so people’s thoughts are turning to taxes, and where they live makes a big difference in how much they pay.
Here are the 10 states with the highest taxes, including property, individual income, sales, alcoholic beverages, tobacco, motor vehicles, hunting and fishing, motor fuels, death and gift taxes, as well as insurance premiums. The per capita tax was derived by adding up all the taxes and dividing the total by the number of citizens.
1. Vermont, $3,861
2. Hawaii, $3,856
3. Connecticut, $3,596
4. Minnesota, $3,203
5. New Jersey, $3,024
6. New York, $3,019
7. Massachusetts, $2,953
8. Washington, $2,553
9. Wyoming, $2,357
10. Pennsylvania, $2,223
Source: Forbes, Matt Woolsey (03/30/2009)"
Another great reason to live and play in Winter Park CO
Call team "Winter Park Partners"
866-538-8666
"Top 10 Most Heavily Taxed States
It’s April, so people’s thoughts are turning to taxes, and where they live makes a big difference in how much they pay.
Here are the 10 states with the highest taxes, including property, individual income, sales, alcoholic beverages, tobacco, motor vehicles, hunting and fishing, motor fuels, death and gift taxes, as well as insurance premiums. The per capita tax was derived by adding up all the taxes and dividing the total by the number of citizens.
1. Vermont, $3,861
2. Hawaii, $3,856
3. Connecticut, $3,596
4. Minnesota, $3,203
5. New Jersey, $3,024
6. New York, $3,019
7. Massachusetts, $2,953
8. Washington, $2,553
9. Wyoming, $2,357
10. Pennsylvania, $2,223
Source: Forbes, Matt Woolsey (03/30/2009)"
Another great reason to live and play in Winter Park CO
Call team "Winter Park Partners"
866-538-8666
Thursday, April 2, 2009
Grand County Health
The 9 Health Fair is known for its no or low charge screenings and will be back in Grand County servicing residents from Winter Park, Fraser, Tabernash, Granby, Grand Lake and Kremmling. Choose the closest location.
Kremmling- April 4 at West Grand High School
Granby- April 18 at Granby Elementary
Fraser - April 25 at Fraser Elementary
For more information go to http://9healthfair.org
Only you can maintain your health.
See you at the blood draw!
Winter Park Partners
Your Winter Park area real estate agents
866-538-8666
Kremmling- April 4 at West Grand High School
Granby- April 18 at Granby Elementary
Fraser - April 25 at Fraser Elementary
For more information go to http://9healthfair.org
Only you can maintain your health.
See you at the blood draw!
Winter Park Partners
Your Winter Park area real estate agents
866-538-8666
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