Good Day, Here is an important article from the Wall Street Journal today regarding your mortgage lender and the appraisers they utilize to value your property and loan you money. Side deals between lenders and appraisers are the mortgage industry’s dirty little secret. While completely unlawful this kind of stuff happens – in metro markets as well as… Read More

Good sign for home buyers, Rates Drop on Weak Job Report, Inflation (June 9, 2006) —   Freddie Mac reports that the 30-year fixed mortgage rate fell to 6.62 percent this week from 6.67 percent a week earlier, marking the second drop in 11 weeks. The decrease can be attributed to a weaker-than-anticipated jobs report that lessened… Read More

Good day, I’ve been compiling stats and various data in preparation for my Western Resort Outlook (WRO) report. The WRO Report is available by request only. This month’s report outlines what is going on in other Western and Rocky Mountain resort communities with their real estate activity. Incredible stuff for sure specifically when it comes to each resort’s overall transaction volume. For the… Read More

Good morning readers, The National Association of Realtors released information today about the resort real estate market outlook. The bottom line? NAR projects a strong market for the next 5 years. Read the article. Thanks for visiting today. Channing BoucherVisit Crested-Butte-Real-Estate.com  Resort Market Remains Sunny, but Clouds Gathering (May 18, 2006) —   WASHINGTON – Resort… Read More

Good Morning Crested Butte Real Estate Letter Readers, Very interesting news from the National Association of Realtors today. Specific to second-home markets like Crested Butte, NAR is reporting that baby boomers are indeed driving the second-home, vacation home marketplace. They also report that many of these second and vacation home owners actually own more than two properties… Read More

Second-Home Market is Booming! Who, What, Why?The second-home market is booming. According to the National Association of Realtors, there were 2.82 million second-homes sold in 2004, up 16.3% from 2003 – accounting for more than one-third of residential transactions. Numerous factors are fueling this rise, and it is not just the affluent market that is… Read More

Baby Boomers Drive Second-Home PurchasesApproximately 35% of all home sales in 2004 were second-home purchases, and baby boomers make up the majority of buyers for this growing trend. Boomers have both the means and the motivation to take advantage of the attractive housing market, and they represent a high percentage of the population. Boomers, who… Read More

Buying a home is very often an emotional process especially if it’s going to be your primary residence or perhaps a second home in some far-off ski town in the Rockiers. Well, buyers, fear not — just make sure you review these helpful tips before you make your next offer on a house. It could… Read More

The best way to deal with so much uncertainty in the mortgage market is the fast way. The faster you get your loan approved, the better shot you’ll have at the home you want. Here are some ways to speed up the approval process for your home loan. Be smart. Financial planners, your REALTOR®, mortgage… Read More

The New Year always turns thoughts to the new tax season and when it comes to taxes there’s no place like home to find shelter. Your home offers a score of tax deductions and credits designed to help offset the cost of housing and to keep the housing market fueled with new buyers. Here’s a… Read More