Steamboat Springs Happenings

What To Do with Your Vacation Home as Summer Ends

By KCM Team
Posted by Inactive Shanna Shepherd on August 30, 2021 in  uncategorized
As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year for January-April 2021. If you’ve taken your last vacation this summer, here are reasons you should consider selling your vacation home this year. 1. Remote work continues to drive demand for vacatio... read more

Buying your first home: 5 things to keep in mind

Posted by Gina Bonacci on August 30, 2021 in  uncategorized
The first time you start the home buying process, the logistics of making the purchase and getting a loan can become overwhelming. Making the right decisions takes preparation. Here are five things to keep in mind before buying your first home. 1) Know your financesGetting pre-approved for a loan can help you narrow down your house hunting and strengthen your bargaining position once you’ve found a home you want. It means that a lender has evaluated your finances and determined what you can afford in ter... read more

What Does Being in a Sellers’ Market Mean?

By KCM Team
Posted by Inactive Shanna Shepherd on August 25, 2021 in  uncategorized
Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want to list their house? It starts with the number of houses available for sale. The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Today, we have a 2.6-mo... read more

Looking for a Place To Call Home? Consider a Condominium.

BY KCM CREW
Posted by Jacqueline Styons on August 24, 2021 in  uncategorized
It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. In fact, trends indicate condos are gaining popularity among buyers. In the latest Existing Homes Sales Report from the National Association of Realtors (NAR), the data sh... read more

Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand

Posted by Inactive Shanna Shepherd on August 23, 2021 in  uncategorized
One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t the real issue. Instead, it’s the lack of supply (homes available for sale). An article from the Wall Street Journal shows this is true for new home construction: “Home builders have sold more homes... read more

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