Bidding wars are off the charts, as home listings fall to a record low.   Well over half of all buyers are facing bidding wars in their offers. More than half of homes are now going under contract in less than two weeks. With so few new listings hitting the market, I expect bidding wars to become more common and involve even more potential buyers as we head into the spring homebuying season.   It's more important than ever to work with me as your agent to help get you prepared for buying a home, helping your find the right home, and most importantly putting the best offer together to increase your chances of getting the home you love. Call me today for a strategy session!   Watch this video on…

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Please create defensible space on your property as soon as possible this year!

Summit County Wildfire Mitigation Grants

Summit County Wildfire Mitigation grant pre-applications are due a month earlier this year, on March 27, 2021.


These grants are usually awarded to groups of property owners working collectively so that the money awarded will achieve a more effective fuel break.  Please refer to this web site for details and contact Dan Schroder if you have any questions:  https://www.summitcountyco.gov/908/Wildfire-Mitigation-Grants


If you’re applying as an individual homeowner, an option to consider is the Summit Association of Realtor’s Defensible Space Grant: https://summitrealtors.org/main/wildfire-prevention-in-summit-county/


Another option as an individual applicant…

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Summit County is without question a ski and snowboard destination, but there are so many ways to enjoy the winter wonderland. Ice Skating is an amazing indoor or outdoor experience. Here are some of our favorite places around town:   - Stephen C. West offers open sessions for public skating, hockey and freestyle skating. - Breckenridge Ice Skating at Maggie Pond - This frozen over pond creates a picturesque scene and offers the perfect place to enjoy the mountain scenery while taking turns around the pond. - Grand Colorado on Peak 8 Located steps from the famous slopes of Peak 8, the outdoor public ice skating rink is family-friendly fun for the young and young at heart. - To the north in Frisco,…

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Mortgage rates play a big part in the affordability of a new home. Listen to this quick video to see what the experts are saying. Why is this important for you? Whether you’re a first-time buyer or you’ve purchased a home before, even an increase of half a point in mortgage rate makes a big difference. In this environment, it can be challenging to find a home to buy, so using Shannon Bosgraaf with Bosgraaf Homes, your local real estate agents and Summit Area Specialists will be key to your success if you’re thinking of buying.

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What Record Low Inventory Means for Buyers and Sellers in Mountain Home Real Estate

Are you looking to buy a mountain home this year? What should you expect, and how can you prepare? Are you planning to sell your mountain real estate? How can you drive the competition to start a bidding war? Watch my video to set yourself up for success in this competitive real estate market. Follow Us on Instagram: @shannon_mountain_realtor or Facebook: @BosgraafRealtor. 


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This is just one of the reasons you want a great real estate agent on your side. Buying, Selling, and Living in a home relies on great resources, and finding a good provider is key.

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#mountainhome #MountainRealtor #realestateinvestments #SellingyourHomeinBreckenridge
#SummitCounty #summitcountycolorado #SummitCountyRealEstate #SummitCountyRealtor #TopRealtorinBreckenridge #Breck #Breckdaily #bestofBreck #breckbecause #exploresummit #gobreck

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Thanks so much to Title Company of the Rockies and our Summit Association for breaking down the market stats. The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend. Do yourself a favor and invest in real estate, ride the appreciation, and grow your wealth this…

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3 Ways Home Equity Can Have a Major Impact on Your Life

3 Ways Home Equity Can Have a Major Impact on Your Life | MyKCM

There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased for the average homeowner by $17,000 in the last year alone. ATTOM Data Solutions, in their latest U.S. Home Equity Report, revealed that 30.2% of the 59 million mortgaged homes in the United States have at least 50% equity. That doesn’t even include the 38% of homes that are owned free and clear, meaning they don’t have a mortgage at all.

How can equity help a household?

Having equity in your home can dramatically impact…

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A New Way to Shop for Homes in a Virtual World | MyKCM

 

In a year when we’re learning to do so much remotely, homebuying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live.

This year, rather than delaying their home purchases, buyers – alongside their trusted real estate professionals – turned to the Internet to do more than just a typical home search. In some cases, they bought homes without even stepping foot inside. Jessica Lautz, Vice President of Demographics and Behavioral Insights at the National Association of Realtors (NAR), says:

“People really didn’t buy houses sight-unseen, traditionally. It’s still not a huge number, but it has gone up, and we have definitely seen that…

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Don’t Let Buyer Competition Keep You from Purchasing a Home | MyKCM

 

This year’s record-low mortgage rates sparked high demand among homebuyers. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home to buy today challenging for many potential buyers. With an obstacle like this, those searching for their dream homes may be pressing pause on their searches as we approach the end of the year, but that could be a big mistake for many hopeful house hunters. Here’s why. 

According to the most recent Housing Trends Report from the National Association of Home Builders (NAHB):

“The length of time spent searching for a home continues to grow.”

The report indicates that 62% of buyers now spend 3 months or more looking for a home, an increase from 58% one…

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