Forbes Global Properties

500 PERUGIA WAY | BEL-AIR, CALIFORNIA Linda May Properties

CALDES DE MALAVELLA | GIRONA, SPAIN José Ribes Bas | Inmobiliaria Rimontgo

Slifer Smith & Frampton is proud to be a founding member of Forbes Global Properties, a new real estate marketplace connecting discerning buyers with the world’s finest homes.

In joining leading brokerages worldwide in this new venture, we are thrilled to give our clients access to the global reach of one of the world’s foremost brands. This network showcases our listings worldwide with opportunities for valuable press on both the Forbes and Forbes Global Properties websites. Industry-leading members from across the globe collaborate and transact in an environment guided by the founding principles of transparency, information, and trust. Slifer Smith & Frampton has always been committed to building a premier brokerage, and we will continue to serve as your hometown real estate agency. As a member of Forbes Global Properties, we now offer an even deeper connection to the best properties and agents around the world.

As we grow with this new founding membership, we’re excited to feature amazing properties and brokerages that share the Forbes Global Properties brand. These member listings define world-class real estate, and we’re honored to share the Forbes Global Properties name with them. To view these properties and many more, visit:

ForbesGlobalProperties.com >>>

909 UTE FOREST LANE | EDWARDS, COLORADO The Iverson Team | Slifer Smith & Frampton Real Estate

A LETTER FROM THE PRESIDENT

As we begin this New Year, one thing remains the same: Slifer Smith & Frampton provides our clients with the stability of a locally owned, communityoriented company that’s been in existence for 60 years.

As 2022 begins with a few feet of fresh snow and the culmination of a postcard perfect holiday season that made our resorts world-renowned, the real estate market remains incredibly strong. In fact, the total Vail MLS sales volume for Eagle County in 2021 topped out at nearly $3.4 billion of which the Slifer Smith & Frampton team accounted for $2.5 billion of sales volume. The simple economic factors of limited supply and increasing demand continue to drive numbers to record-breaking heights in the Vail Valley.

We all know that the Vail Valley is a premier mountain community, and the lifestyle that comes along with property ownership has a broad appeal to buyers. Our clients want to put down roots and spend more time here, as evidenced by the robust absorption across all property types. For example, at the start of 2021 there was a 4.3-month supply of inventory, and in December the absorption yielded a 1.4 month supply of inventory.

Buyers continue to migrate from urban centers to mountain communities like the Vail Valley. We’ve witnessed second homes turn into primary residences and people moving to our valley on a semi full-time basis. Now that we’ve moved from the office boardroom to the virtual meeting room, people are trading their metropolitan lifestyles for mountain town living, a place where they can spend time enjoying our mountain valleys. We expect to see these trends continue and for the market to remain strong as we launch into 2022.

We also anticipate increasing numbers of single-family home construction as well as a robust presale market for luxury condominiums, such as Legacy at Vail Square and One Riverfront Condominiums in Avon that are slated for launch in 2022 by SSF’s Development Sales Division. Development opportunities will also continue to evolve down valley. Similarly, in our desirable and established up valley communities with incredibly limited inventory, remodels and renovations will be on the rise. The million-dollar or in the case of the Vail market billion-dollar question in 2022 is if prices will continue to go up. Prices may moderate at some level, but truly unique properties will continue to demand big listing prices. Low interest rates increase buying power and getting into the market now will still pay off in the future. Historically, no matter the direction of the real estate market, Vail will always be a desirable place to own a home, and an investment in our enviable mountain lifestyle never loses its value.

As we begin this New Year, one thing remains the same: Slifer Smith & Frampton provides our clients with the stability of a locally owned, community-oriented company that’s been in existence for 60 years. We are a founding member of Forbes Global Properties, a consumer marketplace and membership network of elite brokerages representing the world’s most luxurious homes. Already, we have seen tremendous growth and property exposure in the last year because of the partnership. Along with our affiliation with Luxury Portfolio International and Leading Real Estate Companies of the World, the firm is locally based while also having a global reach, which ultimately enables SSF to be a top producing company for Buyers and Sellers in Colorado’s luxury real estate market.

As we celebrate 60 years in operation for our firm in 2022, it will be that same vision, foresight and innovation that will help guide SSF and the Vail Valley for the next 60 years.

~ Matt Fitzgerald

Vail Valley President & Employing Broker