Not only did Vail make Barron's list of "Best Places for Second Homes," it ranked #5 overall and #1 for ski resorts!
Read the entire article here:
http://online.barrons.com/article/SB50001424052748704073104577215602511342834.html
March 8, 2012
March 7, 2012
What's Happening?
For a comprehensive overview of the real estate market in the Vail Valley in 2011, click here to review The Slifer Report in detail:
http://www.vailrealestate.com/sliferreport_online.cfm
July 6, 2011
Slifer Smith & Frampton Named in REAL Trends ‘Top 500’ Report
Slifer Smith & Frampton Real Estate (SSFRE) has been named the 65 largest real estate company in the country based on sales volume in the REAL Trends Top 500 Report recognizing the nation’s highest-producing real estate companies. The company produced 1,309 transaction “sides” representing sales volume of $1,371,868,349 in 2010 to qualify for this prestigious list of the country’s top 500 real estate firms. SSFRE has 24 offices and over 140 brokers covering the Vail Valley and Summit County.
SSFRE was also recognized as the number two firm in the country based on Firms Ranked by Sales Volume Per Broker.
In addition, the firm’s global network, Leading Real Estate Companies of the World®, once again was named the highest-producing network in terms of total sales for 2010 among this elite top 500 group of companies.
The 97 LeadingRE affiliate firms on the Top 500 list produced 551,832 sales “sides” in 2010 totaling sales volume of $142.4 billion, over 30 percent more transactions than the closest competitor, Coldwell-Banker, with 415,540 units and 60 firms on the list.
The power of local branding was further emphasized with #1 market share rankings for the nation’s top 96 markets. In that portion of the study, LeadingRE members ranked first in the market in 40% of the cities, compared to 24% and 11% for the next two networks.
The Top 500 report was released recently at the REAL Trends “Gathering of Eagles” annual conference. This third-party survey is widely recognized as the leading study of its kind.
“We take great pride in these results,” comments Jim Flaum, President and Managing Broker, “particularly given the challenges of today’s economy. These numbers demonstrate that savvy consumers are recognizing the opportunities that exist in the resort market today due to incredible values and the lowest interest rates we’ve seen in many years, and our brokers are performing at very high levels to meet the needs of these clients.”
The affiliates of Leading Real Estate Companies of the World® produced total 2010 sales of 800,000 valued at $225 billion.
Slifer Smith & Frampton Real Estate has been the most trusted name in Colorado mountain real estate since 1962.
SSFRE was also recognized as the number two firm in the country based on Firms Ranked by Sales Volume Per Broker.
In addition, the firm’s global network, Leading Real Estate Companies of the World®, once again was named the highest-producing network in terms of total sales for 2010 among this elite top 500 group of companies.
The 97 LeadingRE affiliate firms on the Top 500 list produced 551,832 sales “sides” in 2010 totaling sales volume of $142.4 billion, over 30 percent more transactions than the closest competitor, Coldwell-Banker, with 415,540 units and 60 firms on the list.
The power of local branding was further emphasized with #1 market share rankings for the nation’s top 96 markets. In that portion of the study, LeadingRE members ranked first in the market in 40% of the cities, compared to 24% and 11% for the next two networks.
The Top 500 report was released recently at the REAL Trends “Gathering of Eagles” annual conference. This third-party survey is widely recognized as the leading study of its kind.
“We take great pride in these results,” comments Jim Flaum, President and Managing Broker, “particularly given the challenges of today’s economy. These numbers demonstrate that savvy consumers are recognizing the opportunities that exist in the resort market today due to incredible values and the lowest interest rates we’ve seen in many years, and our brokers are performing at very high levels to meet the needs of these clients.”
The affiliates of Leading Real Estate Companies of the World® produced total 2010 sales of 800,000 valued at $225 billion.
Slifer Smith & Frampton Real Estate has been the most trusted name in Colorado mountain real estate since 1962.
July 5, 2011
The Low-Down on 2011 Real Estate Activity
There has been strong activity on homes selling for under $500,000 this year. Properties selling for $500,000 or less have accounted for 57% of all transactions in May, and 54% year-to-date. There have been 227 transactions under $500,000 year-to-date through May, of which 92 have been bank sales.
Eagle County also had 8 transactions with a sales price of $4 million or more in May. The highest residential sales were sold in Vail; a Chalets at Lodge at Vail selling for $12.5 million, and an $8.15 million property selling at One Vail Road.
With a combination of the numerous properties under $500,000 and the high end transactions, Eagle County’s overall average sale price is $996,244.
New Development Update through May:
Westin: 5 Transactions Avg. Price; $659,000 $741 PPSF
Solaris: 5 Transactions Avg. Price; $6,567,420 $2,407 PPSF
Arrabelle: 2 Transactions Avg. Price; $2,680,000 $1,574 PPSF
Ascent: 32 Transactions Avg. Price; $595,625 $389 PPSF
Eagle County also had 8 transactions with a sales price of $4 million or more in May. The highest residential sales were sold in Vail; a Chalets at Lodge at Vail selling for $12.5 million, and an $8.15 million property selling at One Vail Road.
With a combination of the numerous properties under $500,000 and the high end transactions, Eagle County’s overall average sale price is $996,244.
New Development Update through May:
Westin: 5 Transactions Avg. Price; $659,000 $741 PPSF
Solaris: 5 Transactions Avg. Price; $6,567,420 $2,407 PPSF
Arrabelle: 2 Transactions Avg. Price; $2,680,000 $1,574 PPSF
Ascent: 32 Transactions Avg. Price; $595,625 $389 PPSF
April 7, 2011
Average sales price for Eagle County Real Estate is $1 million
From Land Title Guarantee Company:
The February real estate numbers for Eagle County had 82 transactions and just over $82 million in dollar volume, creating an overall average sales price of $1 million. These numbers remain on pace with 2010.
While 45% of all transactions are still being sold for under $500,000, there were 5 transactions over $5 million that helped catapult our average sales price for the county to the $1 million figure. Bachelor Gulch had one sale in February selling for $8.9 million. Solaris in Vail Village continues to sell at an average price of more than $7 million with 3 sales in 2011 totaling $22 million. The Ascent is also playing a large role in the 2011 statistics with 19 sales totaling $10 million; the Ascent units are averaging $362 a square foot.
Avon was the area with the most transactions in February with 18. There were 6 sales in Vail Village accounting for 80% of the total dollar volume in Eagle County.
The February real estate numbers for Eagle County had 82 transactions and just over $82 million in dollar volume, creating an overall average sales price of $1 million. These numbers remain on pace with 2010.
While 45% of all transactions are still being sold for under $500,000, there were 5 transactions over $5 million that helped catapult our average sales price for the county to the $1 million figure. Bachelor Gulch had one sale in February selling for $8.9 million. Solaris in Vail Village continues to sell at an average price of more than $7 million with 3 sales in 2011 totaling $22 million. The Ascent is also playing a large role in the 2011 statistics with 19 sales totaling $10 million; the Ascent units are averaging $362 a square foot.
Avon was the area with the most transactions in February with 18. There were 6 sales in Vail Village accounting for 80% of the total dollar volume in Eagle County.
April 5, 2011
Manners Are Free, Use Them
Yep. "Manners are free, use them." How great is that? It's simple but packs a big punch. I have my son Andrew (and his first grade teacher) to thank for that special statement and reminder! :) Passing the buck to you to pay it forward....
April 4, 2011
March Madness
I was raised in Indiana and therefore have a soft-spot for basketball and all things March Madness. However, the madness I refer to here has to do with real estate activity... This past March, my colleagues and I at Slifer Smith and Frampton Real Estate wrote a whopping $130.6M in real estate contracts. Compare that to $89.2M in March 2010 and $31.7M in March 2009 and I think you'll agree that the market here is much improved. Inventory is limited, interest rates remain low and prices are reduced and stable.
March 22, 2011
Hard at Work or Hardly Working?
Check out today's article in the Vail Daily:
http://www.vaildaily.com/article/2011110329966
Not only do I SELL The Ascent Residences, I sometimes fill other roles as well... Like play an "extra" for a photo shoot featuring new owners. Meet my new friends, Tim and Kim Muffley and take a glimpse of their good life. Despite selling 32 of the 49 residences,the Muffleys have The Ascent to themselves most of the time. Join them?!
http://www.vaildaily.com/article/2011110329966
Not only do I SELL The Ascent Residences, I sometimes fill other roles as well... Like play an "extra" for a photo shoot featuring new owners. Meet my new friends, Tim and Kim Muffley and take a glimpse of their good life. Despite selling 32 of the 49 residences,the Muffleys have The Ascent to themselves most of the time. Join them?!
February 7, 2011
THE ASCENT Update
Pictured here, alongside myself: the infamous Rod Slifer, Jim Flaum, managing broker for SSF and Lissa Tyler, my listing-partner-in-crime at THE ASCENT. Don't just take our word for it that THE ASCENT offers good living and great value. With nearly 30 contracts in less than 30 days, we believe the success speaks for itself. Plenty of attractive inventory remains! Call today to get your great deal. 
February 6, 2011
2010 vs. 2009
What a difference a year can make! 2010 finishes the year well above 2009.
Statistics and information provided by my friends at Land Title Guarantee Company:
Eagle County ended the year with 1,250 transactions, a 33% increase over 2009. Eagle County had nearly $1.5 billion in dollar volume in 2010, a 67% increase over last year.
While 41% of all transactions had a sales price of less than $500,000, there were 60 sales over $4 million which helped create the second highest average price-per-sale ever at $1,197,738; only 2008 was higher with an average price of $1,391,605.
New developments made a large contribution to the overall numbers in 2010. The following is a summary of sales in some of the larger new projects in the county:
• Westin: $47,375,600 Gross Volume, $570,790 AVG PPU, $650 AVG PPSF, with 83 Sales in 2010
• Solaris: $124,821,800 Gross Volume, $6,934,544 AVG PPU, $2,462 AVG PPSF, with 18 Sales in 2010
• Arrabelle: $38,830,000 Gross Volume, $3,530,000 AVG PPU, $1,351 AVG PPSF, with 11 Sales in 2010
• Ritz: $42,486,000 Gross Volume, $3,034,714 AVG PPU, $1,379 AVG PPSF, with 14 Sales in 2010 (This does not include the bulk sale of 45 Units for $110,890,000)
Single Family homes accounted for 34% of all transactions in 2010. The average price went down 4% from 2009 to $1.26 million in 2010.
There were 599 high-end condominium projects/multifamily homes that sold in 2010 accounting for 48% of the total sales, with an average sales price of $1.15 million. This is up $250,000 per sale over 2009.
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