Mid Valley Community Update- Minturn To Edwards Real Estate

Vail Community Update

Berkshire Hathaway Extends Real Estate Bet With Brookfield Venture

From Noah Buyahar, Bloomberg News, October 31
 
Warren Buffett’s Berkshire Hathaway Inc. is extending its bet on the U.S. housing market by forming a venture with Brookfield Asset Management Inc. as low interest rates, inventory and prices spur a real-estate rebound.

More Excitement in Vail Village

Vail Snow Making Begins on A Cool October Morning

Snow Making Begins

Vail Village Real Estate Market Update October 1, 2012

Through the first 3 quarters of 2012, there have been 44 sales in Vail Village.  The sales have average listing price of $3,609,920 and an average selling price of $3,112,712. 
 

Title and Title Insurance

Taken from DORA- The Colorado Department of Regulatory Agencies

Valley Wide, Activity Gains Momentum- Vail Real Estate

The macro-view of the market continues to show signs of improvement.

Colorado 2% Withholding

In the sale of a home, Colorado state law requires a settlement agent to withhold 2% of the sales price for properties of $100,000 or more when certain circumstances exist.  Generally, this law affects non-Colorado residents or those parties moving out of state and not purchasing another residence.  Withholding a portion of the proceeds ensures that the seller will file a tax return with the state and the state will receive its capital gains tax.

Eagle County and Vail April Real Estate Sales Show Significant Increase

April real estate showed a significant gain over 2011 with both dollar volume and transactions above 2011 numbers.  April had an increase of 24% in sales volume over last April with $124,475,200, and a 27% increase in transactions with 135.  This creates an overall average sales price of $922,039 for April. 
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Vail real estate offered by Prudential Colorado Properties. Find the Colorado real estate you are looking for here, first. In addition to Vail, Colorado, we also offer real estate listings of properties for sale in the following Colorado mountain communities; Beaver Creek, Avon, Arrowhead, Edwards, Eagle, and Gypsum as well as several other great Colorado places to enjoy your lifestyle, like ski properties and golf homes. Here you will also find hot Vail interval ownership properties too. Contact one of our Vail valley real estate offices today and find out why we are the leader in helping people buy and sell real estate throughout this Colorado valley.

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