Vail Valley Real Estate News, Jan. 24, 2014

The Vail Board of Realtors released the numbers for December. The number of homes on market is still quite low - contact the Home Team if you're looking to sell!

The Vail Board of Realtors released the numbers for December. The number of homes on market is still quite low – contact the Home Team if you’re looking to sell!

Our weekly look at what’s new and interesting in Real Estate, for the Vail Valley and beyond.

The numbers are in – and 2013 was a good year for Vail Valley Real Estate. The Vail Board of Realtors has released statistics for December, closing out the year on a positive note. Foreclosures continued to decline across the state, along with inventory and the number of days homes remained on the market.  Follow the link to download the latest Vail Board of Realtors Monthly Report .

More Good News: Still think we’re in a real estate slump? The National Association of Realtors reports existing home sales in December were the strongest in seven years. This is welcome news

Marco Financial’s Chris Neuswanger, the Vail Daily’s “Mortgage Guy” explains How Poor Credit Can Impact Getting a Motgage Loan.

NAR supports FHFA decision to delay Fannie, Freddie fee increases.  “We are pleased that Director Watt has agreed to halt implementation of the increases and conduct a thorough evaluation of the proposed changes and their likely impact on mortgage credit availability.”

Our only critique of these brilliant lists from Estately of the Best and Worst states for cat lovers is that, in both cases, they lead with No. 1. (SPOILER ALERT: Colorado is not on either list.)  Also, where are the lists for dogs?

And speaking of dogs, check out this Golden Retriever narrating a listing video. He likes the yard and the pool, but wishes the humans were around more to enjoy it.  We especially love the accent.

“Homeowners in the typical zip code area spent a total of $1.9 million to improve their homes in 2013, according to new zip-level estimates developed by the National Association of Home Builders.”

Want the most bang for your remodeling buck? Try a steel entry door replacement. We would not have guessed that.

Are you interested in Vail Valley Real Estate? Contact the Rocky Mountain Home Team today!

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