The best 2 bed/2 bath floor plan in The Cirque. PLUS, THIS PROPERTY IS BRAND NEW, FULLY REMODELED AND A MUST SEE. Only property in Copper Mountain with 2 outdoor heated pools that are open all year. Large hot tub, fitness room, media room and childrensplay room. This lodge truly has it all. Platinum rated by Copper Mountain Lodging Services. It doesn't get any better than owning at The Cirque. Condominium 115-A, Priced at $184,900.Friday, March 28, 2008
HOT 2 bed/2 bath listed at The Cirque
The best 2 bed/2 bath floor plan in The Cirque. PLUS, THIS PROPERTY IS BRAND NEW, FULLY REMODELED AND A MUST SEE. Only property in Copper Mountain with 2 outdoor heated pools that are open all year. Large hot tub, fitness room, media room and childrensplay room. This lodge truly has it all. Platinum rated by Copper Mountain Lodging Services. It doesn't get any better than owning at The Cirque. Condominium 115-A, Priced at $184,900.
Saturday, March 15, 2008
GREAT News for Buyer's!
Have you been stumped in your attempts to pick up a second home or investment property in the Copper Mountain or Summit County real estate markets because of "loan problems"? If so, it’s time to try again!
The recent economic stimulus package offered by the federal government increased the loan limits for government sponsored enterprises (GSEs) up to $729,750 for properties in Summit County! The former loan-size limit for Fannie Mae and Freddie Mac topped out at $417,000 in the last couple of years but JUST INCREASED to the gracious figure of $729,750 - offering "boomers" doable financing for dream homes! The new GSE-loan limits reflect the rising prices for condos and homes in Copper Mountain and Summit County. Also, some of these new programs require less of a down payment and afford consumers the opportunity to purchase a more expensive property in the county.
If you’d like to talk with a mortgage specialist about how these recent changes may benefit you and your purchase, please contact Rob McCarthy, owner of The Honte Group. Rob’s contact information is below.
The Honte Group
Rob McCarthy, Owner
910 E. Hamilton Ave. STE 250
Campbell, CA 95008
(408) 377-4123 - Phone
(408) 608-1921 - Fax
rmccarthy@thehontegroup.com
The recent economic stimulus package offered by the federal government increased the loan limits for government sponsored enterprises (GSEs) up to $729,750 for properties in Summit County! The former loan-size limit for Fannie Mae and Freddie Mac topped out at $417,000 in the last couple of years but JUST INCREASED to the gracious figure of $729,750 - offering "boomers" doable financing for dream homes! The new GSE-loan limits reflect the rising prices for condos and homes in Copper Mountain and Summit County. Also, some of these new programs require less of a down payment and afford consumers the opportunity to purchase a more expensive property in the county.
If you’d like to talk with a mortgage specialist about how these recent changes may benefit you and your purchase, please contact Rob McCarthy, owner of The Honte Group. Rob’s contact information is below.
The Honte Group
Rob McCarthy, Owner
910 E. Hamilton Ave. STE 250
Campbell, CA 95008
(408) 377-4123 - Phone
(408) 608-1921 - Fax
rmccarthy@thehontegroup.com
Friday, March 7, 2008
A Look Back to 2007...And a Little Further
If you're already an owner in Summit County or Copper Mountain, you have nothing to complain or worry about. If you haven't yet made your purchase, I believe it's time to stop waiting...
1.) The average price in Summit County for all types of property (including timeshare/fractional) has increased by an average of 48% since January of 2005.
2.) In that same 3 year period your stocks have gained 24%, based on the Dow Jones Average opening price in January 2005 until the end of business in 2007.
3.) In 2007 alone, the Summit County real estate market increased by 16%, yet had 12% few transactions than the previous year due to a lack of inventory.
4.) Across the board in Summit County, average prices break down like this:
- Single-Family homes average is up 8% to $798,900.
- Multi-Family homes (condominiums) average is up 22% to $406,500.
- Vacant Land average is up 25% to $391,600.
5.) The average price across the real estate board in Copper Mountain is $386,000, which is up 7% over 2006 and up an amazing 60% since the 2004!
In summary, Summit County and Copper Mountain's real estate market has held up very well during some seamingly tough times throughout the United States. There are many reasons as to why; our lack of developable land, our buyers have REAL money to put down and good credit, a huge number of retiree's love this place and the number of retiree's in the next 15 years is not getting smaller and one of the biggest reasons is that burning desire to own/live in one of the most amazing places on earth! See you on the slopes...
1.) The average price in Summit County for all types of property (including timeshare/fractional) has increased by an average of 48% since January of 2005.
2.) In that same 3 year period your stocks have gained 24%, based on the Dow Jones Average opening price in January 2005 until the end of business in 2007.
3.) In 2007 alone, the Summit County real estate market increased by 16%, yet had 12% few transactions than the previous year due to a lack of inventory.
4.) Across the board in Summit County, average prices break down like this:
- Single-Family homes average is up 8% to $798,900.
- Multi-Family homes (condominiums) average is up 22% to $406,500.
- Vacant Land average is up 25% to $391,600.
5.) The average price across the real estate board in Copper Mountain is $386,000, which is up 7% over 2006 and up an amazing 60% since the 2004!
In summary, Summit County and Copper Mountain's real estate market has held up very well during some seamingly tough times throughout the United States. There are many reasons as to why; our lack of developable land, our buyers have REAL money to put down and good credit, a huge number of retiree's love this place and the number of retiree's in the next 15 years is not getting smaller and one of the biggest reasons is that burning desire to own/live in one of the most amazing places on earth! See you on the slopes...
Subscribe to:
Comments (Atom)
