Showing posts with label Copper Mountain Real Estate. Show all posts
Showing posts with label Copper Mountain Real Estate. Show all posts

Wednesday, September 7, 2011

How Low can interest rates go?

Here is part of an article we copied about low interest rates:

Olick - how low can mortgage rates go?

"What's the bright side to a 200 point drop in the Dow? Yet
another rush to Treasuries that pushes the 10-year yield below
two%; that, in turn, means even lower mortgage rates, right?
Maybe not this time. Mortgage rates are already hovering near
historic lows, with the 30-year-fixed heading toward four%, but
unlike home prices, experts tell me mortgage rates do have a
bottom...a bank-imposed bottom. Why? 'Because they [banks] don't
have to go lower on the rates to get business and because they
make more money if they don't go to the lower market rate,' says
Guy Cecala of Inside Mortgage Finance. 'It's also a way to
manage a potential flood of refi calls.' Craig Strent over at
Apex Home Loans agrees: 'I think part of the reason they are not
going lower is because lenders are already inundated with refi
applications and cannot handle another tidal wave.' The
refinance share of mortgage applications was hovering around 80%
a few weeks ago, but fell to 78% last week, even despite low
interest rates. Those who can refi to their advantage, largely
already have. Far too many borrowers are too far underwater on
their mortgages to qualify for a refi. Still, seeing rates go
under that emotional 4% will push more borrowers to apply for
refi's. Unfortunately low interest rates have not spurred home
buying, and that's why the big banks are in no hurry to entice
with even lower rates. 'Lenders would much prefer home purchase
loans, which have a much lower fallout rate than refi's,' says
Cecala."



Want to find your perfect Colorado Mountain Retreat? Call us today while rates are low!

Saturday, July 23, 2011

REO and Foreclosure Properties in Summit County

Colorado Mountain Retreats Realty is proud to announce that we have a new partnership with a major nationwide bank to receive property information on REO and Bank Owned Properties weeks before they are listed in the MLS. Looking for a Bank Owned Property in Keystone, Breckenridge, Copper Mountain, Frisco, Dillon, Silverthorne or Blue River?  We will have lists updated weekly of properties soon to be listed.  You will be able to get this information before everyone else does!  www.ColoradoMountainRetreats.com

Friday, June 3, 2011

Greg McCallum, Broker/Owner OF Colorado Mountain Retreats Realty Recives CNE Designation

Gregory McCallum Receives New Certified Negotiation Expert Designation
Real estate negotiation skills a must for all home buyers/sellers, especially in current market
Gregory McCallum has been awarded the Certified Negotiation Expert (CNE) designation, achieved by real estate professionals who have successfully completed formal training in the art of negotiation.  Agents who receive this certification are in the top 1% of all agents nationally.
With professional negotiation skills, agents will typically obtain better results for their clients. CNE agents have a powerful competitive edge because of their ability to uncover information effectively, get more and give less during sales/purchase negotiations, and retain control over desired outcomes.  Bottom line, CNE agents know how to influence and persuade others more effectively than agents without professional negotiation training.  
The certification training is provided by Negotiation Expertise, LLC, a national negotiation training and coaching company based in Peoria, AZ.  Tom Hayman, the President and owner, is a professional negotiator with 35+ year’s experience, including 25 years with Procter and Gamble, a Fortune 50 company.  Hayman asserts “Any Buyer or Seller who hires a CNE agent can feel confident that they have the best trained agent in the business.  They will get superior results and have better resolution of any issues when hiring a CNE agent.” For More Information Please Visit http://www.coloradomountainretreats.com/

Tuesday, April 19, 2011

Top 5 Reasons to Buy Breckenridge Real Estate Today!

Many people have asked me why they should buy a 2nd home or vacation property in Breckenridge, Keystone, Copper Mountain or other surrounding Summit County community today.  Well I've put together a simple list of why you should buy your Colorado Mountain Retreat today!


  1.  You can’t call the bottom!  Bulls, Bears, but no Pigs on Wall Street.  If you wait, you risk properties not being available later. Right now inventories of resale homes are at near record highs in Summit County, but who knows how long this will last - Act now to find the right property for you!
  2. What have you gained if prices decline but interest rates rise?  You will actually be no better off than buying now. Interest rates are at all time lows and they won't stay here forever!
  3. Sellers are really willing to deal NOW.  As soon as the market turns, it will be much harder to get concessions. The average time on market is currently around 6 months, SELLERS NEED TO SELL NOW!
  4. Other buyers just like you are getting into the market now because they recognize the tremendous opportunity that exists right now! The great deals are being snapped up daily while you wait.
  5. The Mountains are still the most amazing place to spend your spare time...This should probably be the #1 Reason! :):):)
So it is time to take action - Colorado Mountain Retreats Realty is here to serve your needs in summit county .