Land Title just released their first quarter real estate market analysis for Eagle County 2011 and recorded the highest number of transactions in 3 years!  This positive news is attributed to a number of sales on both the high and low ends of the market.  There were 129 transactions in the month of March, the most since October 2008.  Properties under $500,000 accounted for more than half of all transactions, and a notable 12 transactions over $2 million (with 2 over $5 million) eatablished strong numbers at the top end of the market.

From January 2011 through March 2011, there were 54 transactions on bank owned properties, indicating that about 20% of all sales are being sold by a bank.  For an updated list of bank owned and short sale properties visit www.AllVailForeclosures.com.  These fantastic deals are coming to market regularly but tend to disappear within a matter of weeks or even days to qualified buyers.

Optimistically, it appears that the bottom has been reached... Home prices have dropped significantly but transaction numbers have increased because buyers are aware of all the great deals and increasing interest rates.  Looking forward, I think we all feel this summer will be a very active one in Eagle County!

WINNING WITH FORECLOSURES & SHORT SALES WORKSHOP- Vail Valley, Eagle County

Coming Soon!

In this workshop you will learn:

- The six current realities driving the distressed property opportunities

- Market Myths, and realities for success

- How distressed property deals differ and what to expect

- How to get your offer accepted and the deal closed

- How to win a great buy in this market

- THE BEST FORECLOSURE & SHORT SALE DEALS CURRENTLY AVAILBLE IN THE VAIL VALLEY- EAGLE COUNTY



This is a must-attend workshop for any buyer, first time home buyer, investment buyer looking for more information on distressed properties- bank owned, REO, short sale- in Vail, Avon, Edwards, Eagle, Gypsum and all Vail Valley neighborhoods. 
You will learn all the lingo of this new market, information about current interest rates and mortgages available for these properties, cash flow opportunities in Eagle County, the best buys currently on the market, and MORE!

Did you know you can search Vail Valley Foreclosures, Short Sales & Distressed Properties ONLINE??
Search updated information on these properties at
www.AllVailForeclosures.com

Some of the BEST properties we are seeing go under contract in Eagle County are either a short sale or bank owned listing.  In Eagle alone, there have been 10 homes to recently go under contract, and EVERY SINGLE ONE was a 'distressed property'.  But, don't let the name fool you, these are AMAZING properties that lucky buyers are getting incredible deals on.  None of our neighborhoods are immune!  There are luxury properties, ranches, new construction, and even entire developments that are available for saavy investors.
NOW IS THE TIME TO GET A GREAT DEAL!!

The auction property referenced earlier in this blog, went under contract around $4.2 Million dollars (at one point, this incredible home was listed over $9M).  No matter what price range you are in, we can help you find a bargain property anywhere in the Vail Valley or Eagle County.

Singletree Fairway Home w/Mountain Views
48 Mission Place-  Most desirable Mission Ridge units on Singletree/Sonnenalp Golf Course 18th fairway.  Open floor plan, 4 bdrm, 3.5 bath, 2 car garage, vaulted ceilings, fabulous patio and deck with views of Arrowhead ski mountain. Priced to sell... $750,000
Click here : 48 Mission Place, for additional information, or search all Edwards & Singletree property listings at www.yourvailhome.com 
 

Built for Backyard BBQ's in Lower Homestead
End unit townhome in Homestead, 4 bedroom, 3.5 bath, 2 car garage, incredible patio with gas grill line and gas firepit.  Ownership includes use of Homestead Court Club amenities including pool, tennis courts, fitness center, and class.  Ideal location close to elementary schools, parks/playground, and downtown Edwards.  Only $525,000!  Click here to view more pictures: 65 Aspen Glen or visit www. YourVailHome.com  to search all Vail Valley MLS listings and best buys

 

 

This is one of the Vail Valley's most magnificent masterpiece homes and will be auctioned September 30, 2010 to the highest bidder- regardless of price!  With a romantic architectural style- inspired by the remote mountain villages of Italy- this breathtaking 11,026 square feet home showcases soaring vaulted ceilings and beautifully integrated living spaces that beckon the outdoors in. 
Located in the private, gated community of Cordillera Valley Club, this home sits on Spring Creek with stunning views of the Sawatch Range and neighbors open space.  Indoor custom finishes include wood & beam ceilings, stone walls, reclaimed limestone, gorgeous archways and iron railing.  The outdoor living areas are perfect for hosting with 1000-plus sqft of stone terraces, multiple backlit waterfalls, built-in Viking grill, nine-person hot tub and gorgeous stone bar.
The Club at Cordillera abound with social & recreational activities including four golf courses, designed by esteemed pros Jack Nicklaus, Hale Irwin, Tom Fazio and Dave Pelz, private fishing rights on Eagle river, equestrian arena, five restaurants to suit any taste, an impressive spa, tennis courts, pools, fitness facilities and miles upon miles of land for nordic skiing, hiking and horseback riding.
See full property details: 50 Spring Place, Cordillera
For More information about this magnificent property or questioan about Auction terms, contact Kerry Brown at 970.376.7370  or email kerry@yourvailhome.com
 

Just announced-- The Four Seasons Residences & Resort Vail will be opening December 11, 2010.  This has been several years in the making and to date, all residences are still available for sale.  Fractional interests are also being offered, with reciprocity at other Four Seasons Resorts.  In the final stages of this property, this property is promising the highest in quality and design, though the location may be the deciding factor for the sale price on these units.

Also announced for the coming ski season, The Sebastian will replace the former Vail Plaza with fractional management provided by Timber's Resort (sister properties in Snowmass, Cabo San Lucas, Scottsdale, Tuscany, Virgin Islands, Steamboat, Napa Valley, Rancho Santa Fe, and Ireland).  Over $10 million dollars in upgrades are planned for this premier property.

Lastly, the Solaris Residences Vail has officially opened with Bol (bowling alley and restaurant) and a Cinebistro (movie theater with restaurant) up and running.  Of the 75 residences, 7 have already closed between $6.4M-$14.8Million, bring our county average sale price higher than previously indicated.
 

Quite possibly the best deal in Vail, this wonderful luxury ski-in ski-out condo has been price reduced to sell!  Newly constructed in the desirable Cascade Village neighborhood, this single level four bedroom condominium features a spacious and open kitchen, living and dining area with granite counter tops, high end appliances, stone fireplace, and walk-out patio with views of Vail ski mountain and the Gore Creek valley.  

, When former Olympian, Kristina Koznick, retired from ski racing, she decided to build her dream home in the Vail Valley.  Perched on 36 acres and zoned for horses on the ridge above Wolcott, she has views of Vail & Beaver Creek ski slops, the Eagle River valley and Eagle Springs golf course, Red Sky Ranch and Castle Peak.  This unique Timber Frame home has a thoughtful floor plan with mostly main floor living including a spacious main floor master with gas fireplace, patio, custom closet and lovely bathroom, a main floor great room featuring vaulted ceilings, 180 degree views, floor-to-ceiling rock fireplace, in floor radiant heat and wet bar, a main floor gourmet kitchen with high-end appliance, a Fatelli Onofri range, granite counter tops, custom cabinets and drawers, and almost 600 square feet of patio space for entertaining.  The enormous 3-car garage, mud room, spacious laundry, and an over sized loft (perfect for a play room, office or extra bedroom) finish off the open upper level.

It's official!  Vail-Beaver Creek will host the Alpine Ski World Championship in 2015.  The last time Beaver Creek hosted the ski championships was in 1999, also the last time the event was held in the US.  Vail-Beaver Creek beat out other bidders Cortina, Italy and St. Moritz, Switzerland for the honor.
Vail's sweetheart skier, Lindsey Vonn, sent her congratulations to everyone in Vail for their hard work, "I'm so excited!" she tweeted...  Look to hear more about this special event in the near future and think about booking your trips soon for this exciting week of ski racing!