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What are YOU Thankful for this Year?

by Allison Simson

Ahhhh, Thanksgiving!

A time to enjoy family, friends and food!  We are so thankful to you for helping Summit Real Estate have another successful year.  We appreciate you and know that the relationships we have and the friends we have made are what make a life worth living!  THANK YOU!! 

We tend to forget that happiness doesn't come as a result of getting something we don't have, but rather of recognizing and appreciating what we do have. Frederick Keonig.

Our many thanks to you... be sure to gobble til you wobble on Thursday!

Here's your feel-good video of the week....

http://www.wimp.com/footballplayers/

Buying a Home? Consider COST Not Just Price

by Allison Simson

Buying a Home? Consider COST not just Price

Posted: 18 Nov 2013 04:00 AM PST

bigstockphoto_Property_Prices_814896We have often talked about the difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As a buyer, you must be concerned not about price but instead about the ‘long term cost’ of the home. Let us explain.

Last month, the Mortgage Bankers Association (MBA), the National Association of Realtors, Fannie Mae and Freddie Mac all projected that mortgage interest rates will increase by about one full percentage over the next twelve months. We also know that many experts are calling for home prices to also increase over the next year.

What Does This Mean to a Buyer?

Here is a simple demonstration of what impact an interest rate increase would have on the mortgage payment of a home selling for approximately $250,000 even if home prices don’t increase:

Cost Waiting blog

Chicken Little is Wrong: Homeownership Still the American Dream

by Allison Simson

After the harrowing challenges experienced by so many homeowners over the last few years, many housing experts had predicted that the belief in homeownership as a major element of the American Dream would soon die. There is now conclusive evidence that these experts were wrong. As we reported back in September, The Joint Center of Housing Studies at Harvard University completed a study which concluded:

The long term cultural preference for owning seems to have weathered the recent housing crisis.”

Now, a second source recently announced similar results. Fannie Mae just released their National Housing Survey of Delinquent Mortgage Borrowers. The survey asked questions about the value of homeownership to the most sensitive of all groups – those delinquent on their mortgages. Here is what they found:

Of those delinquent borrowers:

  • 74% still see homeownership as better than renting when building up wealth
  • 71% still see homeownership as better than renting when saving for retirement
  • 73% still see homeownership as better than renting for overall financial stability
  • 80% still see homeownership as better than renting as an investment plan
  • 70% still see homeownership as better than renting for creating an overall tax strategy

Bottom Line

Homeownership has always been and will always be a crucial piece of the American Dream.

Taken from Keeping Current Matters Blog

Are YOU Ready??? It's Ski Season!

by Allison Simson

Happy Tuesday Morning to YOU!

Loveland, Arapahoe Basin, Keystone and Copper are open and Breckenridge opens next week!  ARE YOU READY???

Here are some Pre-Ski Season Ski exercises just for you…..

1)    Visit your local butcher and pay $30 to sit in the walk-in freeze for a half an hour. Afterwards, burn two $50 dollar bills to warm up.
2)    Soak your gloves and store them in the freezer after every use.
3)    Fasten a small, wide rubber band around the top half of your head before you go to bed each night.
4)    If you wear glasses, begin wearing them with glue smeared on the lenses.
5)    Throw away a hundred-dollar bill now.
6)    Find the nearest ice rink and walk across the ice 20 times in your ski boots carrying two pairs of skis, accessory bag and poles. Pretend you are looking for your car. Sporadically drop things.
7)    Place a small but angular pebble in your shoes, line them with crushed ice, and then tighten a C-clamp around your toes.
8)    Buy a new pair of gloves and immediately throw one away.
9)    Secure one of your ankles to a bedpost and ask a friend to run into you at high speed.
10)    Go to McDonald’s and insist on paying $13.50 for a hamburger. Be sure you are in the longest line.
11)    Clip a lift ticket to the zipper of your jacket and ride a motorcycle fast enough to make the ticket lacerate your face.
12)    Drive slowly for five hours- anywhere- as long as it’s in a snowstorm and you’re following an 18-wheeler.
13)    Fill a blender with ice, hit the pulse button and let the spray blast your face. Leave the ice on your face until it melts. Let it drip into your clothes.
14)    Dress up in as many clothes as you can and then proceed to take them off because you have to go to the bathroom.
15)    Slam your thumb in a car door. Don’t go see a doctor.
16)    Repeat all of the above every Saturday and Sunday until it’s time for the real thing!



Why do we do it???   Short Video from Keystone Ski Patrol

See you on the slopes! 

 

And Here's Your Morning Coffee!

Displaying blog entries 1-4 of 4

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Photo of Summit Real Estate Real Estate
Summit Real Estate
The Bright Choice
330 Dillon Ridge Way, Suite 10
Dillon CO 80435
970-468-6800
800-262-8442
Fax: 970-468-2195

Allison Simson, Owner/Broker, is a licensed Colorado Real Estate Broker