Good news for Summit County, Breckenridge, Keystone, and Copper Mountain Home Buyers! FHA loan limits have been restored to the previous high limits! If you live in Summit County for your Primary Residence, you may qualify!
Victory! FHA Loan Limits Extended for Two Years
In case you have heard the great news, shortly before Congress recessed for the year, they managed to restore FHA loan limits in high cost areas to the original level of $729,750 for an additional two years. This is an important victory for the mountain resort areas where high cost loans are an important part of the market. According to NAR, higher loan limits will make mortgages more accessible with nearly two-thirds of buyers who will be helped by the loan limits extension have an income below $100,000.
Will this work for your Colorado Mountain Retreat? Call, Text or Email 970 368 2709
Showing posts with label Ski in ski out property. Show all posts
Showing posts with label Ski in ski out property. Show all posts
Monday, November 28, 2011
Monday, October 17, 2011
Copper Mountain Ski In Ski Out Condos!
Is a Copper Mountain Ski Condo Your Perfect Colorado Mountain Retreat?
It's a Buyer's Market For Copper Mountain Properties!
Wednesday, October 12, 2011
Keystone Condo Market Analysis
Thinking that a Condo in Keystone is your Perfect Colorado Mountain Retreat? Watch this video to find out how the market is performing!
Monday, October 10, 2011
Tuesday, September 27, 2011
Keystone Single Family Home Market Analysis
Great Information if you are considering buying a Keystone Home!
Let us help you find your Perfect Colorado Mountain Retreat!
Tuesday, September 20, 2011
Friday, September 16, 2011
Tour Summit's finest at Parade of Homes | SummitDaily.com
Tour Summit's finest at Parade of Homes | SummitDaily.com
Get to the Summit County Parade of Homes! Get some Great Ideas for your Colorado Mountain Retreat!
Thursday, September 8, 2011
Blue River Real Estate Market Analysis
Wondering How the market for homes south of Breckenridge is? Looking for a home in Blue River or Northstar Village?
Watch the Breckenridge Real Estate Market Analysis Video!
Helping You Find Your Perfect Colorado Mountain Retreat!
Watch the Breckenridge Real Estate Market Analysis Video!
Helping You Find Your Perfect Colorado Mountain Retreat!
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!
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!
Monday, July 11, 2011
Quandary Village And Blue River Homes For Sale Open House Tour
We had the priviledge of touring some beautiful homes last Thursday Afternoon in Blue River CO and also Quandary Village areas south of Breckenridge CO. Bottom line here - If you want to be in the Breckenridge Area, but can't afford the Breck Prices, this is the palce to be! We first touraed a spectacular home in Quandry Village on Kimmes Lane. This solid log construction home is currently being offered at close to it's original purchase price from several years ago. Spectacular viwes of Quandary Peak from the amazing deck!
The Second home in this tour is also in Quandary Village - This is probably the best value in the area - The price has been reduced from $499,000 to $350,000. Surrounded by public land on 3 sides, this home looks out over beaver ponds and right up at Quandary Peak!
We visited several homes in Alpine Breckenridge and Blue River! Some of these homes are completely move-in ready and even include some or all of the furniture! One paticular area are the Blue River Condominiums - These are very affordable with 2 bedroom units available for under $200,000!
View Blue River and Quandry Village Open House Tour in a larger map
If you consider buying a home in these areas remember - this is a high alpine environment - the winter comes sooner, gets colder and snowier, and lasts longer than it does in even Breckenridge! So make sure you want this lifestyle. If this is right for you, you will enjoy a more secluded lifestyle, direct access to spectacular hiking trails, in some cases exclusive fishing rights and access on the Blue River and/or it's tributaries. Definately a true Colorado Mountain Retreat!
Call Greg McCallum at 970 368 2709 for more information on homes for sale in these areas!
The Second home in this tour is also in Quandary Village - This is probably the best value in the area - The price has been reduced from $499,000 to $350,000. Surrounded by public land on 3 sides, this home looks out over beaver ponds and right up at Quandary Peak!
We visited several homes in Alpine Breckenridge and Blue River! Some of these homes are completely move-in ready and even include some or all of the furniture! One paticular area are the Blue River Condominiums - These are very affordable with 2 bedroom units available for under $200,000!
View Blue River and Quandry Village Open House Tour in a larger map
If you consider buying a home in these areas remember - this is a high alpine environment - the winter comes sooner, gets colder and snowier, and lasts longer than it does in even Breckenridge! So make sure you want this lifestyle. If this is right for you, you will enjoy a more secluded lifestyle, direct access to spectacular hiking trails, in some cases exclusive fishing rights and access on the Blue River and/or it's tributaries. Definately a true Colorado Mountain Retreat!
Call Greg McCallum at 970 368 2709 for more information on homes for sale in these areas!
Tuesday, June 28, 2011
Grand Lodge On Peak 7 Open House Review
Last week we were invited to an open house at the Grand Lodge on Peak 7. Since I was formerly an electd public official, I have pavlovian conditioning that precludes me from turning down any event which has free food and BEvERidges, and off we went. To say that I was amazingly impressed is an understatement. The Grand Lodge on Peak 7 at Breckenridge is luxury from top to bottom.
We were shown around the property by one of their fabulous Salespersons - Shaubie Faia. From the lobby to the pools and BBQ area to the gym and salon, no expense has been spared in this property. The units are top of the line and all appear to have lock offs, so you can lease the part of the unit you are not using.
The location can't be beat - Right at the Independence chairlift - simply walk out a few steps and up the mountain you go. This is truly Ski In Ski Out Condo living! Other properties boasting ski in ski out don't have anywhere near this ease of accessability.
Ownership is flexible, you can buy as many weeks as you like up to 100% ownership. But hurry there is a very limited supply of 100% ownership interests available.
Tha best part for me as a local is the ability to use the facilities year round, regardless of whether it is my week or not. I can use the underground parking, the lockers and locker rooms as well as the gym,pool and BBQ area any time as part of my ownership experience. This is a huge value not only to locals, but to Denver and other front range day trip skiers. Who can argue with driving right up slopeside, parking, then going inside to your locker room to change into your gear. After skiing, enjoy your Apres ski, use the hot tub to work out the kinks, and let the I-70 traffic die down before you need to head back? Priceless!
Contact Colorado Mountian Retreats Realty at 303 641 0923 or www.ColoradoMountainRetreats.com for more information and let us set an appointment personnally at the Grand Lodge on Peak 7 at Breckenridge so you can discover this experience for yourself!
We were shown around the property by one of their fabulous Salespersons - Shaubie Faia. From the lobby to the pools and BBQ area to the gym and salon, no expense has been spared in this property. The units are top of the line and all appear to have lock offs, so you can lease the part of the unit you are not using.
The location can't be beat - Right at the Independence chairlift - simply walk out a few steps and up the mountain you go. This is truly Ski In Ski Out Condo living! Other properties boasting ski in ski out don't have anywhere near this ease of accessability.
Ownership is flexible, you can buy as many weeks as you like up to 100% ownership. But hurry there is a very limited supply of 100% ownership interests available.
Tha best part for me as a local is the ability to use the facilities year round, regardless of whether it is my week or not. I can use the underground parking, the lockers and locker rooms as well as the gym,pool and BBQ area any time as part of my ownership experience. This is a huge value not only to locals, but to Denver and other front range day trip skiers. Who can argue with driving right up slopeside, parking, then going inside to your locker room to change into your gear. After skiing, enjoy your Apres ski, use the hot tub to work out the kinks, and let the I-70 traffic die down before you need to head back? Priceless!
Contact Colorado Mountian Retreats Realty at 303 641 0923 or www.ColoradoMountainRetreats.com for more information and let us set an appointment personnally at the Grand Lodge on Peak 7 at Breckenridge so you can discover this experience for yourself!
Friday, June 24, 2011
Friday, June 17, 2011
Thursday, June 16, 2011
Wednesday, June 15, 2011
Appraisals take toll on Summit home values | SummitDaily.com
Appraisals take toll on Summit home values | SummitDaily.com
For more info on Home Values Call Greg McCallum at 303 641 0923 or visit www.ColoradoMountainRetreats.com
For more info on Home Values Call Greg McCallum at 303 641 0923 or visit www.ColoradoMountainRetreats.com
Friday, June 10, 2011
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!
- 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!
- 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!
- 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!
- 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.
- 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 .
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