Summit Real Estate Blog

Boomer 'Elites' Will Pay a Premium for Homes

Boomer 'Elites' Will Pay a Premium for Homes

Question: Of course, we’ve all heard the term “Baby Boomers” but I recently heard the term “Boomer Elites”. What is that? Answer:  Good question! Baby boomers are touted as being the wealthiest generation in U.S. history. But only one in 10 are ...

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SecondSpace enters second-home market

SecondSpace enters second-home market

Venture-backed startup launches two Web sites targeting second-home ownersAccording to Elizabeth Sweesy, SecondSpace, a Bellevue, Wash.-based Internet startup backed with venture funding, launched two real estate Web sites today targeting the ...

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Finding perfect house is all about timing

Finding perfect house is all about timing

Question: Allison, We want to buy a home in Frisco, Colorado, and have been looking for only a week or so.  Our Realtor tells us the second home market in Summit County- and especially Frisco is moving very briskly and we’ll have to act quickly. My ...

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Things to know before buying a vacation home

Things to know before buying a vacation home

Question: What are some of the major items one should consider before buying a vacation home?Answer: According to Inman news reports, market conditions, taxes and hazard insurance are among the top concerns for buyers of second homes. Although there ...

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New twist on popular reverse mortgage

New twist on popular reverse mortgage

Question:  Allison, what do you know about reverse mortgages?  I this just a gimmick?Answer: Reverse mortgages definitely are on the rise. Senior homeowners are taking equity out of their longtime residences to make ends meet during their retirement ...

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