Trishgiassa's Blog


Outlook for second home market in Crested Butte is positive

The outlook for second homes and resort properties is positive, according to the National Association of Realtors. This is because the number of people in prime age brackets to buy second homes is still quite high.

In Crested Butte, Colorado, real estate has never been such a good deal as it is now. The national economy, slowdown of sales through the past winter and spring, plus a surplus of inventory has brought some properties down to what is commonly referred to as “screaming deals”. The smart money knows this is a good time to invest in Crested Butte real estate and that is exactly what is happening these days. Sales this month are up and there are many properties under contract.

Stay tuned. I’ll keep you posted.



Virtual Tour – Crested Butte Colorado

New Crested Butte Real Estate Real Estate property listing. Spacious and pristine townhouse with great room featuring stone fireplace, vaulted ceiling, panoramic views. 3 large bedrooms with 2 full baths, 2 car garage, lots and lots of storage. All this only steps from ski lifts and hiking/biking trails or take the free shuttle bus to the historic small town with big charm – Crested Butte.

Visit www.homes-in-crested-butte.com for more info about Crested Butte real estate and to search Crested Butte MLS.

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Crested Butte Real Estate Market Update

What is going on with Crested Butte Real Estate these days?

Well, Summer has arrived in Crested Butte along with lots of people to enjoy our wildflowers and various other offerings. America’s Birthday Celebration was a huge success and enjoyed by adults and children alike. Here is one of my favorite parade floats going by…
the Wildflower Festival is in full swing and the Music Festival is just starting up. For a complete list of coming events and festivals, click here.

Real estate overall is a bit of a mixed bag. If you’re a seller, well, prices have come down and if you don’t have a compelling reason to sell, hang on. It may be while before we see prices go up again, but who can argue with enjoying your beautiful property in Crested Butte?

As a buyer, the story is much better. There is one common theme throughout the country and that is that it is a good time to buy. Interest rates are still low and the sellers who need to sell are motivated and some are offering screaming deals! To search for properties on our MLS in complete privacy, click here, Crested Butte Real Estate.

For the first half of 2009, here is the data:

Number of properties sold and closed: 42

Total dollar volume: $20,941,307

Average sales price:  $498,602 Click here to view SALES

Currently, there are 29 properties under contract for a total of $20,236,400. Click here to view.

If I can serve you or someone you know with anything having to do with Crested Butte, please feel welcome to contact me. Make it a wonderful Summer!
For the first half of 2009, here is the data:

Number of properties sold and closed: 42

Total dollar volume: $20,941,307

Average sales price: $498,602  Click here to view SALES

Currently, there are 29 properties under contract for a total of $20,236,400. Click here to view.

If I can serve you or someone you know with anything having to do with Crested Butte, please feel welcome to contact me. Make it a wonderful Summer!

For the first half of 2009, here is the data:

Number of properties sold and closed: 42

Total dollar volume: $20,941,307

Average sales price: $498,602

Click here to view sales

Currently, there are 29 properties under contract for a total of $20,236,400. Click here to view.

If I can serve you or someone you know with anything having to do with Crested Butte, please feel welcome to contact me. Make it a wonderful Summer!



HOT DEALS in Crested Butte for July 4th!

July 4th weekend marks the real beginning of festivals and activities in Crested Butte. Races, parades, fireworks, eating contests, water fights, ice cream cones while strolling Elk Avenue, sunny skies and lots of hiking, biking, sightseeing and wildflowers are just the beginning.

In honor of all that is special, unique and wonderful about Crested Butte I have reviewed all the real estate for sale in Crested Butte and Mt Crested Butte to come up with a list of special, unique and wonderful listings that are priced under market and should be looked at soon! CLICK HERE to see the entire list! The smart money says these are deals that you’ll be sorry you did not buy, later on. Take a look and call or email me if you would like a private tour of any of the properties and our beautiful resort community!

Happy Birthday America!



Should I wait until the market improves to list?

Once you have made the decision to sell your home or condo, many factors come in to play as to when to put it on the market. A significant life event, job or locality change may dictate selling immediately. But if time is not a governing factor, many ponder the mood of the real state market. Although the housing market does not move as fast as the stock market, many selling considerations are the same. As with the stock market, one of the biggest mistakes sellers often make is trying to “time the market”. If the market is falling, it is all but impossible to predict when it will rise appreciably. It’s no secret that the economy and the real estate market are somewhat depressed in most areas. Prices have declined significantly in the last 12-18 months, with only weak signs of recovery on the horizon. We do know, however, that the market will eventually recover, as it always does, and we all want to sell when prices are high, or rising. So the question really is, how long should you wait?

One of the main considerations you should have is to protect your equity. Every day lost in a falling market, is a day of lost dollars. If you wait too long, it is possible that you could at some point face the nightmare of your value being less than your mortgage. You want to avoid this at all costs. Another negative aspect of waiting to sell in a falling market is cash flow. Mortgage payments, insurance, utilities, repairs, taxes, etc … all still have to be paid. The earlier you put your house on the market at a salable price, the better your chances are of selling earlier, and mitigating some of those ongoing expenses … and saving your equity.

In today’s market, the best time to sell is now … not next month or next year. If you are going to wait for the market to fully recover, you might be waiting many years. Any equity is better than none. It’s not a tough decision.

If you are considering selling your home, call me at your earliest convenience so we may determine your property’s value and discuss your options. You are not alone … your real estate professional is here to help.