Author Archives: Eric Buck

February sees strong YOY gains on easy comparisons

Posted on March 31, 2016 by Eric Buck

February is typically a seasonally slow month.  In six of the last 8 years, February has averaged a 20.2% decline from the prior month.  This year generated the third exception to that trend  in the last 9 years with both … Continue reading →

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Santa came to Summit County this December

Posted on January 29, 2016 by Eric Buck

Santa Claus was kind to the Summit County Real Estate market in December bringing the strongest sales gains of the year.  Transaction volume in the month rose 48% to 276 sales. While that wasn’t the highest level for any month … Continue reading →

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Summit County sales cooling with the weather

Posted on December 30, 2015 by Eric Buck

As the temperatures have cooled so has activity in Summit County real estate. November sales had the poorest year over year performance of any month in 2015. Dollar volume rose a modest 5% to $109.9 million. While in absolute terms … Continue reading →

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Are mountain rental properties a good investment?

Posted on December 9, 2015 by Eric Buck

I’m often asked, “is buying a rental property in the mountains a good investment”. If one is expected to generate a positive cash flow from a fully mortgaged property, the answer is likely no. As a rule of thumb, investors … Continue reading →

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Summit Count real estate sales up but at more moderate pace

Posted on December 6, 2015 by Eric Buck

Like September, Summit County real estate sales saw solid, though not spectacular , gains in the month of October. Transaction volume rose 7% to 284 sales while dollar volume increased 21% to $156.9 million. On the surface those number appear … Continue reading →

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Sales cool in September but still show gains.

Posted on November 2, 2015 by Eric Buck

Summit County real estate sales gains moderated in September but the month still represented the highest activity this year. Dollar volume in the month rose 13% year-over-year (YOY) to $165.7 million dollars. Transaction volume rose a more modest 5% to … Continue reading →

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Summit Count Real Estate- Pedal to the Metal in August

Posted on October 5, 2015 by Eric Buck

After a deceleration in growth for July, Summit County real estate sales once again hit the gas. Dollar volume in the month rose 49% to $142.5 million versus August of 2014 and was up 20.8% from July. That reflects the … Continue reading →

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July provides mixed message for Summit County real estate

Posted on September 2, 2015 by Eric Buck

Summit County real estate sales generated a mixed message in the month of July. Dollar sales continued the trend of double digit year over year (YOY) gains increasing 23% over July of 2014. Sales in the month totaled $117.9 million … Continue reading →

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Boom!

Posted on August 10, 2015 by Eric Buck

For the last several years, June has typically been a softer month reflecting the shoulder season slowdown. That wasn’t the case this year. In fact, not only was June the strongest month of this year, it beat in dollars and … Continue reading →

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Summit County Real Estate Momentum Continues

Posted on June 30, 2015 by Eric Buck

May continued what is now a 7 month streak of double digit gains in Summit County real estate activity. And like the prior six months, we are talking about squeaking into the double digit category. For the month, transaction volume … Continue reading →

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