Team Black Bear’s
Real Estate Update Exceeding Your Highest Expectations in Service, Performance & Results! September 2013
“HOW IS THE REAL ESTATE MARKET?”
W
We don’t just LIST properties…
WE SELL THEM Keller Williams is the largest real estate franchise in the United States, with approximately 80,000 associates. J.D. Power and Associates ranked Keller Williams "Highest in Customer Satisfaction" among both home buyers and home sellers for 2012. Keller Williams was ranked No. 9 on America's Top 150 Workplaces - the only national real estate company on the list. According to the REAL Trends 500, Keller Williams Realty's brokerages sold more real estate than any other franchise's brokerages last year.
e have a wonderful profession, because client’s confidence in the market being real estate brokers in Eagle and the general economy is better. The County. Everywhere we go we are asked confidence is stronger because there are more jobs, and construction and remodels “How is the real estate market?” Almost everyone cares about (look at Beaver Creek!) are slowly what is happening with pricing of coming back, which has always fueled residential homes, commercial our local job market. properties and One other factor affecting the lots. They care for “Almost everyone cares strengthening home and lot several reasons: prices is the lack of about what is happening 1. A home is inventory. Most of the with pricing of residential often one of their distressed (bank owned and biggest short sale) properties are gone homes, commercial investments in and many Sellers are still properties and lots.” their financial waiting to see if the prices will portfolio. go higher before they put their property on the market to sell. 2. What the home prices are doing has been an indication of what our There are a couple issues that some of whole county’s economy is doing. these home owners waiting to sell have not considered. First, if they wait until 3. If prices are going up, people’s prices go higher to sell their home, the spirits and enthusiasm for real estate next home they want will be a higher is stimulated and excitement starts to price also, so they may not profit at all by appear. waiting. Second, the interest rates very well may go up which could eliminate a You could argue that people should get lot of Buyers that can afford their home excited when prices are going down, now, but may not be able to absorb the because they can buy more home, or they higher payments that a higher interest can buy the home they want for less rate will generate. Third, we are pretty money. But it does not always work that sure prices will go up and down in cycles way because falling home and land prices (2008 thru 2011 showed us that). are usually an indication of less buyers and more inventory, usually triggered by less jobs and lowered income. So we are delighted to report that the Real Estate Market is getting better
Sales Data Cont’d on page 4.
Ranches
SILT Hunter’s paradise, grand corporate getaway or serene retreat on 216 acres. Backs to NF, 5bd lodge home, stunning views, gas lease. $3,250,000
Homes
SILT 850 acres, 2 streams, water/mineral rights, 500 acres irrigated, 2 homes, many out bldgs. Two Miles To National Forest. $3,500,000
MCCOY Backs up to BLM, 1.12 acres, Antelope Crk runs thru prop. Views of the back of Castle Peak. $239,000
MCCOY 160 acres with BLM on rights, ponds, large shop + apt 3 sides, great views and privacy. Great hunting. Water & 2nd shop. Set up for rights. Rock Creek runs hunting. 2 pastures, barn. through property. $695,000 $1,200,000
MCCOY 80+ Acres, water
CO RIVER RD 2 bed, 2 bath home on 6+ acres with views of the Colorado River. Bunk house, smoke house, barn. $319,900
BRETT RANCH Ground floor, 2bd, 2ba Condo in Edwards. Walk‐out access to River/Open Space. Immaculate! $269,500
GYPSUM Buckhorn 3 bed/2 bath open floorplan home on corner lot backing up to open space. Very large kitchen and dining area. $197,400
EAGLE RANCH Beauty with main level master and full unfinished basement not included in sq. ft. $564,000
MCCOY 2.5 acres, BLM on 3 sides, horses OK. Sunny, views, trees, Yarmony Creek. Updated 2 bed mobile home. $225,000
EBY CREEK MESA 4bd, 2.5ba, walk‐out finished bsmnt. Great yard, garage + extra parking pad. Next to BLM $539,000
EAGLE Bluffs Townhome with 2bd,2ba close to school, hiking and biking trails. Immaculate! $195,000
SINGLETREE Views overlooking June Creek and open floor plan. Spacious master suite and oversized garage. $628,000
GYPSUM 5 bd, 5 ba duplex. Main flr opens to ponds and golf course. 2 jr masters up with adjoining loft. $284,300
DOTSERO 4 bed, 4 bath on 2+ acres adj to BLM. 3,169 sf finished. Overlooks the confluence of the Colorado and Eagle River. $455,000
EAGLE RANCH Custom on large corner lot. Open floor plan with multiple access to wrap around deck. Main floor mstr. Great views! $689,000
Visit our new website complete with information on all Vail Valley Golf Courses and the available real estate in those communities. www.SkiAndTeeHomes.com Learn to “PLAY BETTER GOLF IN 30 SECONDS” with videos from Gypsum Creek Golf Course’s Tom Buzbee, PGA Pro.
Homes
Commercial
EAGLE Bull Pasture easy walking to downtown, recreation, etc. Open space behind. New windows and exterior doors. $339,000
Land
EAGLE 5 bed/3 bath, 3,077 sq ft. Wood floors; 2 sided fireplace into main level master. Lower level walkout. $315,000
GYPSUM Downtown, corner lot with 3 buildings, 5 apts in 1 building, 1 duplex and 1 flat. 8 residential units total. $475,000
GYPSUM 1,439 sf shop or adult toy storage only 1/2 mile from the Jet Center, heated + bath, possible to add a mezzanine level. $159,000
GYPSUM Cotton Ranch .88 of an acre, On 2nd tee At Gypsum Creek Golf Course. Views Of golf, mountains and Gypsum Valley. $40,000
GYPSUM 119+/‐ acres along I‐ 70 at Gypsum exit. Varied terrain, surrounded by BLM and CDOT, great views! $89,000
GYPSUM 2.32 Acres in gated community; Borders BLM, paved roads, up to 3000 sf access. building okay. $59,000
GYPSUM Cotton Ranch .60 of
an acre on Gypsum Creek Golf Course. Wonderful views! $89,000
SWEETWATER 35 acres bordering N.F. on entire Southern border. Water fall, water rights, pond and hunting. $485,000
GLENWOOD CANYON 5+ Acres with 965+ feet of beach front acreage on the Colorado River. Phone, Electric & Well. Easy access to I‐70. $137,000
GYPSUM 2.66 Acres in gated community; Borders BLM, paved roads, up to 3000 sf access. building ok. $59,000
SCAN ME
SHOP for Homes with Team Black Bear. Download our GPS Enabled App and Enter My Agent ID
KW2N42H0Z.
VAIL 2 adjoining lots available .27+ of an acre single family home building sites. South views, North of I‐70. Backs to NF. $224,000 and $250,000
SALES DATA cont’d If you really want to know “how the market is” relative to your home or your other investments, please call the professionals at Team Black Bear today to get your FREE Broker Opinion of Value.
*Single Family‐Duplex Activity Only
Visit http://www.TeamBlackBear.com, or scan the qr code below with your smart phone to see the Full Real Estate Report at the neighborhood level! Call us TODAY at 970.337.7777