WHAT IS SELLING IN THE VAIL VALLEY
In the last two weeks, 45 properties have gone under contract in Eagle County and it appears that our market has started to pick up! So, here is a look at what is selling...
- AVON- The Westin Riverfront discount promotion had units priced at 35%-40% off, and got over 35 unit under contract (including 12 in the last two weeks).
- BEAVER CREEK- Four proprties have gone under contract ranging from a 2-bdrm Elkhorn Lodge condo listed at $1,495,000 to a 7-bdrm single family home in Strawberry Park listed at $11,495,000.
- VAIL- Ten properties including 2 Vail Racquet Club condos, a 2-bedroom condo Breakaway West (Sandstone), a 4-bdrm condo in Fall Ridge, a Vail Golf Course Townhouse, a Bishop Park townhome (Vail Village), a 5-bdrm duplex in East Vail, a 5-bedroom single family residence on Vail Golf Course, a 6-bdrm single family in Cascade Village/Glen Lyon, and 1 parking spot in Founders Garage.
- EAGLE VAIL- Five properties in contract including 2 distressed properties- a short sale at River Oaks and a preforeclosure townhome. Also, a Mountain Terrace income/rental property, a duplex on Deer Run, and a beautiful duplex on Daisy Lane/Whisky Hill that our wonderful clients are the proud soon-to-be buyers!
- EDWARDS- Had 5 properties UC including a condo and single family residence in Singletree, a Riverwalk condo, and 2 bank owned/REO properties in Colorow/Squaw Creek and Pilgrim Downs
- EAGLE- Saw 4 properties in contract including a short sale at The Lofts on Eagle River, a Bull Pasture and a Castle View townhome, and SF in Brush Creek
- WOLCOTT- Two single family properties- one in Red Sky Ranch, and a river property in Wolcott Springs
ITS A GREAT TIME TO BUY!!
If you are interested in obtaining additional information on any of these transactions, or other properties in our area, please email kerry@yourvailhome.com or call me at 970-376-7370.
Keller Williams Realty Ranked as Top Real Estate Franchise by Industry Leader and Entrepreneur Magazine
AUSTIN, TEXAS (December 21, 2009) — Keller Williams Realty joined the ranks of the top franchises in the world last week, when the company was ranked as the No. 1 real estate franchise on the 31st Annual Franchise 500 list by Entrepreneur magazine. During the same week, the company was also voted the Most Recognizable Brand of Real Estate Franchises for 2009 in an industry-wide survey for the Swanepoel TRENDS Report.
“The Swanepoel TRENDS Report is a respected source for the real estate industry and beyond, as is Entrepreneur magazine, and we are excited to see our agents honored in this way for all of their hard work,” said Mark Willis, CEO, Keller Williams Realty. “We certainly wouldn’t have been included on either list without the dedication and resolve of our agents.”
According to the ranking in Entrepreneur magazine, the most important criteria to determine the top franchises included financial strength and stability, as well as growth rate and size of the franchise system. The magazine also looked at the number of years the company has been in business and the length of time it’s been franchising, in addition to start-up costs and financial data. Additionally, Keller Williams Realty made an impressive showing on the overall list, placing higher than any other real estate franchise.
The Swanepoel TRENDS Report is published by Stefan Swanepoel, a real estate industry speaker and insider. The survey was crafted to determine the Most Recognizable Brand for Real Estate Franchises for his report out in February 2010. The survey included votes cast by 11,000 plus real estate agents, who cast 390,000 votes to select the top 10.
Earlier in the year, Keller Williams Realty also received the highest overall satisfaction ratings from home buyers among the largest full-service real estate firms from J.D. Power and Associates for the second year in a row.
“We are extremely proud that our associates and company are being recognized for our strength and stability during this time in our industry,” said Mary Tennant, president and COO, Keller Williams Realty. “We attribute our success to being in business with phenomenal people and to our core business models, which have allowed our franchises to thrive during any market.”
About Keller Williams Realty Inc.:
Founded in 1983, Keller Williams Realty Inc. is the third-largest real estate franchise operation in the United States, with 679 offices and 73,000 associates in the United States and Canada. The company, which began franchising in 1990, has an agent-centric culture that emphasizes access to leading-edge education and promotes an economic model that rewards associates as stakeholders and partners. For more information, contact me
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J.D. Power and Associates names Keller Williams Realty highest in Customer Satisfaction for the second year in a row!
Keller Williams Realty Receives Nod as the Highest Ranked in Customer Satisfaction
AUSTIN, TEXAS (September 2, 2009) —According to the J.D. Power and Associates 2009 Home
Buyer/Seller Study
SM, Keller Williams Realty, Inc., the third largest real estate company in NorthAmerica,
received the highest overall satisfaction ratings from home buyers among the largest fullservicereal estate firms for the second year in a row. The company also ranked second-highest
among home sellers in the study.
“We couldn’t be prouder. This is an achievement our associates have truly earned. It is the face-toface
interaction and the relationships they build daily that has impacted this study and elevated Keller
Williams Realty to another level in customer service,” said Mark Willis, CEO of Keller Williams Realty.
“Knowing that this study was conducted during the toughest times the market has seen shows that
spirit and dedication can make an impact.”
The study was produced by J.D. Power and Associates to measure home buyers’ and sellers’
customer satisfaction. The results of the home-buying experience were determined by three factors
including the agent, office and the package of additional services.
“I am absolutely beaming with pride that our agents have been honored in such a fantastic way,” said
Mary Tennant, president and COO of Keller Williams Realty. “We are lucky to be in business with
such incredible business people, who have shown incredible resolve over the past two years. If there
was a time to build their business, it is now.”
Vail Valley Real Estate in 2009
Yes, its already 2010 and we are looking forward to a successful new year! So here is a quick recap of 2009 real estate in the Vail Valley :
(This includes all areas from East Vail-Dotsero)
- Overall Number of Real Estate Transactions: 905 (57% of previous year)
- Overall Sales Volume: $870,667,022 (40% of previous year)
- Most successful month: September ($100,847,572 in Sales Volume; 123 Transactions)
- The majority of transactions were under $500,000
- The residential home average was 3 bedroom, 3.25 bath, 2560 square feet, sold for $1,193,876 ($454/sqft), sold at 90% of list price, and was on the market for 241 days
- Four Transactions closed over $10 Million each:
* $11,250,000: 3365 Day Break Ridge, Bachelor Gulch
* $15,500,000: 1378 Wildwood, Mountain Star
* $15,500,000: 463 Borders Road, Beaver Creek
* $15,950,000: The Lodge at Vail Chalets #13, Vail Village
We are anticipating a re-growth in our market for 2010. Across the nation, home sales and home values have begun to increase, and it appears that consumer confidence in rising. The extension of the first-time home buyer credit and addition of current home buyer credit, along with low interest rates, and a surplus of great inventory will lead us into the next decade! Please feel free to email me at kerry@yourvailhome.com for additional market information
