Mortgage Rates Hit 5-Month Low

Good morning readers, Good news today from Bankrate.com. Mortgage rates continue to drop, reaching a 5-month low this week. These decreases have caused a spike in mortgage applications and real estate purchases nationwide. We’re seeing great rate packages on 30 year fixed loans, 30 year jumbo loans and short-term ARMs. Interestingly, as the Crested Butte Read More >

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16 years, 736% Rise in Home Prices

Good morning readers, Good article in the Gunnison Country Times recently regarding Gunnison County’s 16 year, 736% rise in real estate values and the impacts, issues and recent policy decisions this community now faces from such a dramatic climb in home prices. The overarching problem (the same problem Aspen, Telluride, Jackson Hole and other exclusive Western resort communities face) is Read More >

New Conservation Easement Law in Colorado

Good morning readers, Colorado Governor Bill Owens has officially signed House Bill 06-1354 into law. The bill contains major improvements to Colorado’s conservation easement tax credit program. The bill creates incentives for landowners with larger tracts, who will be rewarded for protecting more land per donation. This will help larger land conservation transactions sunset in Read More >

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Mortgage Rates are Dropping Again!

Great news for home buyers today! Mortgage rates are moving in the right direction – lower. This has ignited a surge in mortgage applications across the United States. Read the article below. Channing Boucher Daily Real Estate News  |  August 9, 2006 Lower Rates Fuel Mortgage Applications The number of applications for U.S. mortgages rose last week for the Read More >

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Renewable Energy for Vail Resorts!

Good day, Great article in the New York Times today about Vail Resort’s move to use more renewable energy to operate its resorts. Every skier in the world is concerned with global warming and the impact it is having on the future of their sport. If you snow ski then you know all about the issue of greenhouse gasses Read More >

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