Summit County Real Estate Market Levels Off
An article in the Summit Daily News suggests some fresh optimism is warranted regarding the real estate market in Summit County, Colorado. As the article states:
Home values seem to have reached a plateau, property sales are up and foreclosures are slightly down, leaving officials cautiously optimistic about the state of Summit’s real estate market.
To date, the number of Summit County real estate transactions has increased ten percent over sales from the entirety of last year. However, the average price for homes sold this year has dropped by more than $70,000. It does seems like a great time to get into the Summit County Real Estate Market – as a buyer!
Another recent post from RISMedia suggests the rebound in the real estate market may be more than just a local phenomenon.
[…] cautious optimism is warranted for the Summit County real estate market, as previously discussed in my Fall 2011 post. If you’d like to see more data, please check out the full May 2012 Market Analysis for […]