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November 29, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Buena Vista, Colorado

Reported by Mal Sillars, MRE, ABR, e-PRO, RSPS, SRS

Updated November 2, 2009.

Current Market Rating: 1



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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

Sales continue to be slow in Buena Vista with sales of vacant land lagging well behind the sales of residences. Inventory is up in all categories, so there are plenty of choices . While the expectation is that there might be some fantastic deals, that is not the case market wide. While on an individual basis there likely are deals to be had, the value of the market seems to be holding well. Buyer traffic is increasing slowly and that trend is expected to continue.

ZIP Code: 81211

Location Characteristics: Buena Vista and the surrounding area sits at 8000 feet in an Alpine valley on the east side of the Continental Divide. This area is popular with anyone who loves outdoor activites. Buena Vista is known for its whitewater rafting on the Arkansas River and for the 14,000 foot peaks for climbing as well as the Colorado and Continental Divide Trails. Easy travel to Denver and Colorado Springs makes the area a favortite for second homes. Living here has all the features of laid back small town living. Now that June is here, the summer calendar of events is under way and there are activities just about every weekend.

For More Information:

View Market Conditions of other areas served by Mal Sillars, MRE

Navigate: Top > Colorado > Buena Vista

About Mal Sillars, MRE:
Mal Sillars has been active in Real Estate and community affairs in the Buena Vista area for more than13 years. Sillars is a great advocate of education for both real estate brokers and their customers and is on the faculty of Colorado Association of Realtors. "The more everyone knows the better the buying and selling process goes." Sillars loves climbing in the high country and working on the Continental Divide Trail. His great strength is service to his customers.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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