Author Archives: Eric Buck

Summit real estate prices show some stabilization in November

Posted on January 7, 2012 by Eric Buck

November real estate sales in Summit County followed an all too familiar pattern with unit sales showing a marginal year-over-year increase but dollar volume continuing to decline.  During the month, there were a total of 142 closings, up .7% from … Continue reading →

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Summit County real estate sales continue to move downmarket.

Posted on December 7, 2011 by Eric Buck

October sales in Summit County followed what has become an all too common pattern – an increase in transaction volume but a decline in dollar sales. For the month, the number of transactions rose 5% year-over-year to 161 and were … Continue reading →

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Is owning ski property no longer a good investment?

Posted on November 10, 2011 by Eric Buck

Is the notion of buying mountain property as an investment dead? So proclaims an article in the November 2011 issue of SKI magazine. No doubt ski properties across the country have taken a hit over the last several years. This … Continue reading →

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Sales rise in September

Posted on November 1, 2011 by Eric Buck

September Summit County sales posted their second consecutive monthly improvements in both the number of transactions and total dollar value. Transactions in September rose 8% from August and were up 2% year-over-year (YOY). Dollar volume was up 21% from the … Continue reading →

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Short Sale versus Foreclosure

Posted on October 24, 2011 by Eric Buck

People often ask me the difference between a short sales and foreclosures. While related, there is a substantial difference, both in the process and in the impact on the owner’s credit report. A foreclosure is initiated by the lender, typically … Continue reading →

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Home ownership

Posted on October 15, 2011 by Eric Buck

Here is an interesting article regarding home ownership. Of course, not sure if being the highest is good or bad. Home ownership is good but not if one is buying something they really aren’t qualified for. http://realtormag.realtor.org/daily-news/2011/10/14/5-states-highest-home-ownership-rates

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