Posts Tagged ‘vail’

MEGHAN MEEHAN JOINS COLDWELL BANKER DISTINCTIVE PROPERTIES

Mehgan-Meehan

 

Meghan Meehan has joined Coldwell Banker Distinctive Properties and The Meehan Real Estate Group as a Broker Associate working out of the Vail Village office.

Meehan was born and raised in the Vail Valley and have been working in real estate for the past 5 years.  As the Marketing Manager of the Meehan Real Estate Group, Meehan was trained in all aspects of the real estate market and was successful in providing distinguished service for the Group and it’s clients.  As a native of the Vail Valley, Meehan is knowledgeable in all of the incredible aspects that make this area such a special place to live, and has a unique ability to help make living in Vail a reality for Buyers from around the world.

Meehan attended Colgate University and graduated Magna Cum Laude with a degree in International Relations and Economic Geography. “It has been an incredible learning experience working through the real estate downturn and now into the recovery of the market,” said Meehan.  “We are very excited to have Meghan on our Team,” said Todd Conklin of Coldwell Banker Distinctive Properties. “Her knowledge of the real estate market and the area lifestyle gives her a leg up in todays sophisticated real estate economy.”

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Debi Coleman Named Director of Latin American Relations

Vail, Colorado, December 28, 2012 Debi Coleman has joined Coldwell Banker Distinctive Properties as the Director of Latin American Relations working out of the Vail Village office.  Coleman has been a real estate Broker for more than 25 years specializing in resort properties in the Vail Valley and Estes Park communities of Colorado. In 2003, Coleman and her family moved to the Vail Valley to take advantage of the incredible school system.

Coleman’s fluency in both Spanish and German provides her with an incredible advantage in the international community. She will be using this advantage by taking the lead role in our foreign relations with Coldwell Banker offices throughout Mexico and parts of Europe. She will work with the more than 150 Coldwell Banker offices serving Central and South America to increase the exposure of the Vail Real Estate market.

“We’re excited to have Debi on our team,” said Susie Huxford at Coldwell Banker Distinctive Properties. “Her passion for the business and life is a perfect fit for our office and clientele!” Coleman believes in giving back to the communities that have been so good to her and her family. She is a constant volunteer at CASA of the Continental Divide, as a Court Appointed Special Advocate for abused and neglected children.

The post Debi Coleman Named Director of Latin American Relations appeared first on Sun Valley Real Estate.

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Meghan Meehan

Mehgan-Meehan

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Chris McDonnell

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Dawn Kyle

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Distinctive Market Watch for Vail, Steamboat, and Sun Valley Real Estate

http://youtu.be/x3rOOf52NmE

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Distinctive Angels

The Distinctive Angels in Vail Colorado are at it again!!  Way to go Vail for giving back to the community!!!!

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Coldwell Banker Distinctive Properties Ranks #5 out of 827 Companies Nationwide!!!

Coldwell Banker Distinctive Properties was awarded the Top 20 Office by Size last week for its Gross Commission production in June!!!!  The firm, based out of Sun Valley Idaho and with offices in Steamboat Springs and Vail Colorado, ranked 5th out of 827 offices of similar size.

Congratulations to the entire Coldwell Banker Distinctive Properties staff and agents for an amazing accomplishment!!!

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Luxury Resort Buyer JUMP off the sidelines…

 

DAILY REAL ESTATE NEWS | TUESDAY, JANUARY 24, 2012
 
When you compare the cost of owning a home to renting, you’ll find that buying may soon make more sense, Paul Diggle, a housing economist at Capital Economics, told MSNBC.com. 
 
Diggle’s analysis of the housing market showed a 33 percent drop in home prices, record-low mortgage rates (with 30-year fixed-rate mortgages available under 4 percent now), and a 15 percent rise in rents since the housing market turned sour are making more consumers take a closer look at buying.
 
“The median monthly mortgage payment of about $700 has fallen to about the level of a median monthly rent check,” an article at MSNBC.com notes about Diggle’s analysis. “If mortgage rates keep falling and rents keep rising, the equation will tip even further toward owning.”
 
Case in point: Diggle says that a buyer who purchases a median-priced home and stays there for at least seven years would likely come out ahead  by about $9,000 than if they chose to rent for those seven years. Diggle’s calculations factor in rents continuing to rise 3 percent a year, and housing prices staying flat for the next two years before rising in 2014. 
 
But while more Americans may be motivated to buy, many still can’t, Diggle notes. Home owners who lost their home to foreclosure may be forced to wait on the sidelines before owning again, other Americans may not have a 20 percent down payment that more lenders are wanting, lack a high credit score to qualify for the best financing, or have steady employment. 
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Sales Prices on the rise in Vail, Steamboat and Sun Valley

The long-awaited housing recovery is beginning to blossom, according to industry experts taking a look at recent existing-home sales.

 

While admitting home sales “are still very low,” Paul Dales, chief economist at Capital Economics, says “it is clear that housing recovery is now well underway.”
The evidence: home sales have been on the rise for the past three months, posting a 5 percent increase in December.
 
Lawrence Yun, chief economist for the National Association of Realtors (NAR), concurs with Dales’ assessment, saying “The pattern of home sales in recent months demonstrates a market in recovery.”  Yun suggests consumers are gaining confidence from “record low mortgage interest rates, job growth and bargain home prices.”
 
In addition to the 5 percent increase in December, NAR reported a 1.7 percent annual increase in existing-home sales in 2011, a total of 4.26 million homes for the year.
 
Distressed homes made up 32 percent of sales in December, according to NAR’s existing home sales report for the month.  Foreclosed home sales closed at about 22 percent below market rate in December, a discount 2 percent higher than that recorded a year earlier.
 
Investor demand remains steady with 21 percent of homes sold in December going to investors after this category of buyers took 19 percent of purchases in November and 20 percent one year ago.
 
Cash sales – commonly linked to investors – made up 31 percent of December’s existing-home sales. This rate was 28 percent in November and 29 percent a year ago.
 
Purchases by first-time home buyers declined in December – both from the previous month and the previous year. First-time home buyers accounted for 31 percent of purchases in December, down from 35 percent in November and 33 percent in December 2010.  Housing inventory is on the decline and fell to its lowest level since March 2005 last month, according to NAR. Approximately 2.3 million homes are available for sale currently.  “The inventory supply suggests many markets will continue to see prices stabilize or grow moderately in the near future,” Yun said.  However, listed inventory is only part of the equation, and according to CoreLogic’s latest numbers, shadow inventory stands at about 1.6 million.
 
Regardless, Dales believes sales will rise this year. “Housing still won’t contribute much to GDP growth over the next few years, but at least it will no longer subtract from it,” Dales says.
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