Two reasons for frustrated buyers to be hopeful. Mortgage rates are back down and inventory levels are rising. Mortgage Rates Experience ‘Summer Swoon’ as Fed Maintains Status Quo“The
February Real Estate News Events In The Vail Valley
Dated: February 8 2019
REAL ESTATE IN THE VAIL VALLEY SINCE 1971
In terms of the real estate market, one month makes it challenging to forecast a year, but there are some very positive initial signs moving forward.
First, inventory levels are rising and that bodes well as 2018 saw fewer sales than the previous year, due in large part to limited inventory throughout the valley. As we enter February, inventory is up over 13% from this time in 2018. Additionally, residential properties under contract are up 3.5%. Since the recession we have been able to track a direct correlation of increased inventory to an increase in contracts. Having both this time of year is a very positive sign. Showing activity remains strong and of course the snow has been exceptional this season leading to a great start to 2019!
Berkshire Hathaway HomeServices Partners with Students Shoulder-to-Shoulder
At our 2019 kickoff event held in January, Berkshire Hathaway HomeServices Colorado Properties announced its partnership with Students Shoulder-to-Shoulder. Students Shoulder-to-Shoulder (SStS) is a comprehensive education-based approach to inspire and support generations of global citizens and ethical leaders. The organization sends high school students and course instructors from across the nation to trusted NGO partners working on four continents. This good fortune is generated from inspiring relationships with partner schools, NGO leaders, businesses, philanthropists, and alumni - all working as an organization of partners, creating shared value in service of the global good. The partnership is designed to reinforce our organization's cultural core values of sustainable and ethical work on behalf of our clients and community while supporting the fundamental challenge and opportunity that exists with building generations of ethical leaders. To learn more about Students Shoulder-to-Shoulder, please visit their website (https://shouldertoshoulder.com/) or contact me.
675 Lionshead Pl #217
Vail, CO 81657
$4,495,000 | 3 Br | 4 Ba
Luxury & Location can be defined as Arrabelle at Vail Square Residence 217. Amenities of the 4-Diamond RockResort & adjacent to Eagle BahnGondola offering access to world class skiing, mountain biking, hiking & more. Relax after an active day in the roof top pool, spa/fitness or by one of the multiple fireplaces in residence 217. Entertaining family & friends could not be easier in the open concept living-dining-kitchen which flows to abundant patio space or take an elevator ride to fine dining.
177 Lake St #19
Avon, CO 81620
$585,000 | 3 Br | 3 Ba
Resort Living at its best! Are you in search of a retreat with a pool, hot tubs, private shuttle to skiing at Vail/BC, tennis courts, access to shops, restaurants, the BEACH at Nottingham Lake, well look no further. This spacious 3 bed/3bath residence is nicely updates, offered fully furnished and ready to enjoy or earn vacation rental income via the on-site management or VRBO. Don't wait to entertain friends/family by the wood burning fireplace or on the patio for some Colorado fresh air.
180 Nottingham Rd. Residence H
$574,900 | 3 Br | 3 Ba
Well-located Spacious 3 bedroom 3 bathroom Townhome
With Dramatic Beaver Creek Views. This End Residences Home Features Vaulted Ceilings, Renovated Kitchen & Baths, 2-car Garage. Each Large Bedroom Has Its Own Bathroom. Investors, 2nd Home Buyers and Locals Take Note This is One to See.
$9,500,000 | 7 Br | 9 Ba
Auction. Bid March 21-25. Currently $9.5M. Selling Without Reserve. Showings By Appointment Only. Located in Bachelor Gulch, this estate features large windows, a spacious stone patio, large wine room, media room, hot tub, and convenient ski-in and ski-out access. As the only newer construction home in the neighborhood, this mountain estate has all the essentials for a relaxing main or vacation home with the slopes of one of Colorado's premier luxury resorts located right in your backyard.
25 Meadow Ct #B1
Beaver Creek, CO 81620
$1,950,000 | 4 Br | 5 Ba
Abundant outdoor living with a ski-in/out location and panoramic views! Vaulted ceilings and walls of windows bring the natural light into this well maintained home designed for multiple families and/or guests. Large kitchen/dining area flows to spacious great room offering space for friends and family gatherings. Bonus entertainment room provides separation or works as the 5th sleeping area. Offered furnished/ turn key ready to enjoy or rent tomorrow. Seller are receptive to offers.
74 Cresta Rd #314
Edwards, CO 81632
$1,099,000 | 3 Br | 3 Ba
RELAX Here Is The Easy Button! Turn-key Furnished And Updated Corner Penthouse With Vaulted Ceilings And Ski Slope Views, In The Heart Of Arrowhead Village Is A Perfect Mountain Get-a-way! Just Steps To Sking, Pool/Hot Tub, Restaurants, Golf, Tennis & Hiking. Hand-planed Floors, Custom Faux Paint, Newer Appliances, Slab Granite Countertops, Sub Zero, Heated Parking, Ski Locker And Storage Cage For The Mountain Toys.
Mark grew up in Baltimore, MD and moved to the Vail Valley in 1992. He didn’t wait long after moving here to open what is now one of the most successful ski shops in the valley, Venture Sports. Seve....
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