Vail Valley Real Estate News for July 7, 2014

The Rocky Mountain Home Team picked up plenty of listings in June. Check out our latest listing at the top of the Arrabelle, 675 Lionshead Place Unit 587.

Average sales price is up in the Vail Valley, Mortgage rates are low across the nation, and Bravo! Vail prepares for another season of family fun: July 7th in Vail Valley Real Estate News. (This is an archived edition of our weekly news brief.  Visit our Vail Valley Real Estate News page for the latest updates.)

July 7, 2014

The Vail Board of Realtors’ Multiple Listing Service recorded 85 residential property sales in June 2014, up only slightly over 82 sales in June 2013.  Sales price, however, was up much more than slightly – jumping from $659,857 in 2013 to $911,428 in 2014. If you haven’t heard it from us enough already, the Vail Valley real estate market really is changing.  If you would like to know what those changes could mean for your own property, contact Michael Routh’s Rocky Mountain Home Team today for a no-obligation comparative market analysis of your home.

Summer is an amazing time in the Vail Valley, and a great time to move into a new Vail Valley Home! We’re listing homes everywhere, from the top of Lionshead in the heart of Vail, across the mountain retreats at East Vail, West Vail and Wildridge, to the peaceful horse properties and golf courses of the valley. Check out all the amazing properties available with our powerful Vail Valley homes search.

National News

Independence Day or Halloween?  “The Alfred F. Rosenheim estate, otherwise known as the ‘Murder House’ featured on “American Horror Story’ is now up for grabs! Originally built as a private home in 1908, the home boasts an enormous wooden entire that has quite a history attached to it (don’t worry – nothing murder-y about it!)”

“For the second straight week, homebuyers enjoyed rates on 30-year fixed-rate mortgages that were lower than they were at the same time last year, Freddie Mac reported. Rates on 30-year fixed-rate mortgages averaged 4.12 percent with an average point of 0.5 for the week ending July 3, down from 4.14 percent last week and 4.29 percent a year ago, according to Freddie Mac’s latest Primary Mortgage Market Survey”

What to do in Vail?

Bravo! Vail is back for its 27th season with a full schedule of family-friendly events this summer.  New for 2014, Bravo! Vail will be working in collaboration with the Walking Mountains Science Center for a presentation of “The Science Behind Sound” on July 16.  This free event brings together educators and the Chicago-based Third Coast Percussion ensemble to explore the science of sound. For more family fun with Bravo! Vail visit the Vail, Gypsum, Eagle and Avon public libraries for the “Little Listners @ The Library” series.

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