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Adam Black’s Summer Real Estate Update

28 Aug

Written by Adam Black, Broker

Double Rainbow in the Telluride Valley

The Telluride real estate market is experiencing a recent uptick in activity and overall sales. This claim is backed by closings in all segments of the market, including the high-end, lower price point properties, as well as vacant land. With all segments showing solid movement, our market is on an upward trend. The overall inventory is getting thin in some segments as the best deals are first to move. This is causing a sense of urgency for some buyers, which has not been felt in a while. Many buyers are purchasing with cash funds, but several are using the historic low mortgage rates to their advantage while they last.

Telluride is a unique town which boasts world-class music festivals, bike races, cultural and arts events during the summer, with top rated skiing and night life in the winter. Although still relatively under the radar, the word is spreading about Telluride and how amazing it is, when compared to all other resort towns. The small size, incredible scenery, endless outdoor activities and relaxed atmosphere continue to draw people in, who seemingly never want to leave. The quality of life in Telluride is extremely high as anyone who lives there would tell you. Why go anywhere else?

Book your trip to come and see first hand and you will no doubt want to come back again and again, or maybe even move here full-time! There is only one Telluride.

 

 

 

 

 

 

 

 

 

 

 
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Posted by on August 28, 2012 in Lifestyle, Real Estate

 

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