Money, Money,'s a rich man's world...

(Don't miss Mamma Mia at the Dillon Theater--it is spectacular! Go to for tickets)

Do you realize how much money these new interest rates will save you?

On a loan of:

$250,000 your old 4% interest rate payment could turn into: $851 in your pocket

$350,000 your old 4% interest rate payment could turn into: $1,192 in your pocket

$450,000 your old 4% interest rate payment could turn into: $1,532 in your pocket

(all based on 30 year am, 3.5% interest rate)

Refinancing your home is one of the ways you can save money without spending any out of your pocket. It is also the biggest craze in today's financial scene, and so after we lock in your interest rate, we will need about 30 days to close.

If you are interested in pulling cash out of your equity at the same time, talk to us about speeding the process up for you...

Whatever your need, let us save you some money!

Amazing...and really innovative move by the town of Breck this week. Here's the backdrop of the issue:

Our locals need housing...our servers, chefs, cooks, retail workers, lenders, ski resort employees, lodging professionals, grocery store employees, assistants, medical professionals....and the list goes on. And we are in such a deficit of housing right now...need to have...that our businesses are suffering and our locals are leaving.

It's an epidemic that is increasingly problematic and detrimental to our quality of life in Summit and it isn't going to take one magic bullet like this to cure it however...what an effective solution!

Deed restrictions decrease the number of potential Buyers for a property and subsequently whether there is an appreciation or rental cap or not, the property is inherently worth less than a market rate property. That--is a fact.

And so why would any real estate investor reduce the value of their own property unless otherwise compensated? Although the estimated $50,000/participant estimate will not shore up the difference of loss that a Seller will bear over deed restricting their own property in most cases, it certainly makes it less painful.

It's a thoughtful and unique way to increase the possibilities of solution to our problem. Good job Breck!

The average interest rate as of today is at 3.5%, starting this quarter at over 4.0%...that is over $150/month savings for the average refinance...

Are we at the top of the market? Not in Summit County.

We've seen a surplus of inventory (40 listings in Frisco today, twice as many as we normally see at one time) however...we also have 39 under contracts in Frisco.

Strong Seller inventory and strong Buyer inventory is producing a hot fast market.

What does that mean for you as a Seller? 98%-101% listing price to sales price and for Buyers?

Buyers have the luxury of taking their time to view these days; days on the market have increased by 15 days per the average listing.

Our advice to you in this market is this...

1. Shop for your interest rates! Consumer surveys show that Borrowers and Buyers aren't shopping.

2. Hire a professional! If you think hiring a professional is expensive...just wait until you try and do it yourself.

3. Ask your Agent to take photos and video of smoking hot deals so that you can make quicker decisions. I see Buyers missing out on great properties all of the time because their Agent didn't get them up here to show our listing.

4. it now. Refinance, Buy, Sell...DO what you're procrastinating about...2020 is going to be a different apple.

Summit County RE, LLC d/b/a The Gongloff Group has a business relationship with Home Loans, LLC.  You are not required to use either company as a condition for purchase, sale, refinance or loan approval.

© 2019 by Ashley Dear LLC