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Sales Update

The inventory of condominiums for sale in Keystone is the lowest since May of 2008. The number of condominium sales, in the prior 12 months,  is the highest that it has been since July of 2008. There is currently less than a 3 month supply of condos for sale at Keystone. There is very little […]

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Wildernest Real Estate is a steady increase and we are excited to have our new office at the bottom of the hill.

Exciting news for Summit County Real Estate

It has been a busy and snowy winter so far in Summit County. The snow pack in the area is about 105% of normal, but it feels like it has been much higher. We had a very busy holiday season with all of the towns reporting increases in lodging and sales tax revenues.   The […]

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MORTGAGE INSIGHT

Mountain Equity Mortgage, Inc.   MORTGAGE  INSIGHT   Knowledge is Power – Action Makes The Difference!     Rene’ Kneller – nmls 246709, crmlo 10009309 Jeff Kneller Telephone: 970.513.0934  —  Facsimile: 970.513.0936 mortgages@mtnequity.com     Economic Commentary November 25, 2013     The markets would sure love a clear sign regarding when the Fed may […]

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iStock_000012595368XSmall

Mortgage Insight

Mountain Equity Mortgage, Inc.   MORTGAGE  INSIGHT   Knowledge is Power – Action Makes The Difference!     Rene’ Kneller – nmls 246709, crmlo 10009309 Jeff Kneller Telephone: 970.513.0934  —  Facsimile: 970.513.0936 mortgages@mtnequity.com     Economic Commentary October 14, 2013   DEBT CEILING CRISIS:  DEADLINE THIS WEEK This week, actions will speak louder than words […]

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Updated Mortgage Rates

  Mortgage Rates as of 9/27/2013 From Vectra Bank Residential Lending Group Loan Program Interest Rate Annual Percentage Rate Origination Fee Estimated Monthly Payment Conventional, Fixed Rate, 15 Year 3.375% 3.434% 0.000% $1,417.52 Conventional, Fixed Rate, 30 Year 4.375% 4.412% 0.000% $1,003.76 FHA, Fixed Rate, 30 Year 3.750% 4.566% 0.000% $1,125.55 VA, Fixed Rate, 30 […]

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Home Prices Rise at Fastest Rate Since 2006

By John Maxfield | More Articles Home prices are continuing to rocket higher. According to the S&P Dow Jones 20-city home price index, the rate of year-over-year appreciation climbed to 12.3% in July compared to the same month last year. But signs of concern are starting to emerge. “Since April 2013, all 20 cities are […]

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MORTGAGE INSIGHT

Rene’ Kneller – nmls 246709, cmlo 10009309 Jeff Kneller Telephone: 970.513.0934  —  Facsimile: 970.513.0936 mortgages@mtnequity.com   Economic Commentary September 23, 2013 Last week, as the Fed made an important decision that impacted the markets and home loan rates. Read on for details. This last Wednesday, the Fed unexpectedly delayed tapering of its Bond purchase program […]

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Why you should buy a house before 2014

Many key economic factors suggest homebuyers should act before next year. By Terence Loose | Yahoo Homes – Fri, Sep 20, 2013 12:27 PM EDT If you’ve been waiting for the best time to buy a home, your wait might be over. In fact, taking a number of factors into consideration, buying a home before 2014 could […]

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Sales Numbers Up in Summit County!!

The number of sold properties (trailing 12 months) in Dillon, Summit Cove, Keystone, Wildernest and Silverthorne is up 25% from a year ago. Prices are all over the place and you need to look at individual projects to get an idea of value.

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1031 Exchange Info

      Compliments of Scott Saunders A §1031 Qualified Intermediary       Recent Case: Leasehold Interests Not Like-Kind to Fee Interest In order to qualify for tax deferral under Internal Revenue Code §1031, both the property sold as relinquished property and the property acquired as replacement property must be like-kind. §1.1031(a)-1(b) of the Treasury Regulations clarifies that the term […]

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