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Friday, February 18, 2011

What is a deal in Vail Real Estate?

Cliches in Vail Real Estate and What is a Deal?

I am constantly asked what a deal is in Vail Real Estate. Though, I wouldn't, I am often tempted to say whatever YOU think is a deal. However, there are some real deals, based solely on price. There are also some deals which are based on location, condition, and price. Or there are deals, because a VERY SPECIAL Property has been listed for sale.

While it used to be that our real estate in the Vail/Beaver Creek Valley was simply about location, location, location, it is now all about price, price, price...everyone is looking at the price. We suddenly sell real estate at the price per pound, or so it seems. A few years ago, if a residence in certain markets was listed, it lasted less than a few weeks, and would have multiple offers. Now, that same special beautiful home is listed and sits there. Yes, many many people will look at it on the web-site. But, they will run the numbers and determine it isn't a deal, so why look at it? And, they then miss out on an amazing home. So, here is my one piece of advice, today...Buy a home, first, second, third, or fourth home because you LOVE it, can imagine having wonderful times in that home with your family, and because it is a special home in a great location, in our beautiful community of Vail and Beaver Creek.

Most of the time those cliches we hear prove to be oh so true. So, remember sometimes you do "ONLY GET WHAT YOU PAY FOR", and you will, I promise you this, you will sell it again someday, and it may have been a deal "too good to be true". It will be difficult to sell even in a "hot market aka Seller's Market".

But yes, we have some incredibly well priced homes, condominiums, and homesites. That other cliche is very true, "it is a great time to buy". Interest rates are low, we have motivated to extremely motivated Sellers, and these homes and prices may not be here next year! I believe life is constantly getting better, as well as this economy. And, I believe next year I will have some of my very favorite Buyers saying, "shoulda, coulda, woulda"..."I should have bought that wonderful home last year". Here's the very very best part of it all, our snow is incredible, and ski conditions are amazing. Come see us in the Vail Valley and look at our Vail Real Estate. Kindest regards to you all, Amy

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