Reasons For The Red-Hot Real Estate Market

Why is the real estate market still extremely active, despite prices & interest rates?

Why is the real estate market in the Eagle River Valley still red hot, even with inventory shortage and constant price escalation?
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This question is not difficult to answer. The lack of homes on the market for sale in Eagle County is causing the prices to escalate. Increased demand for homes is caused partly by many past visitors saying, I don't have to just visit, I can actually live and work in this beautiful Valley since I can now work remotely! Therefore, more people are moving here, because now they can.

Another factor in the current inventory shortage is that the escalating prices have slowed down sellers putting their home on the market until they are able to figure out their next move. This is a difficult conundrum to escape until more homes are built.
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This shortage also makes it a wonderful, exciting time for many of our clients who already have homes in the Valley, presenting opportunities to capitalize on their current investments, as long as they have a plan of what comes next.

This inventory and rising prices situation makes knowledgeable, business minded, integrous real estate agents even more important than ever whether you are buying or selling.

Team Black Bear specializes in listening to our clients needs and wants and then working with them to find the right answers for each client. Call anytime for a no-obligation consultation on what the market is doing and how you can be prepared to capitalize on any and all market conditions.

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