Living Steamboat Updates

A Great Way To Increase Your Family’s Net Worth

Posted by Lee Calihan on August 27, 2019 in No Category
Every three years, the Federal Reserve conducts its Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013). These numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter. Owning ... read more
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5 Easy Steps to Avoid Overwhelm from Media Overload

Posted by Lee Calihan on August 22, 2019 in No Category
When someone is thinking about buying or selling a home, they want to be well-informed. They want to make the right decision for themselves and their family. They scour the internet for any information they can find about the housing market. Today, there is an abundance of information available. It is often conflicting news. It can easily lead to confusion and concern, perhaps even causing a potential buyer or seller to cancel their plans to move altogether. Instead, the best things to do are sit down and take a de... read more
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Steamboat Happenings!

Posted by Lee Calihan on August 16, 2019 in No Category
Here's what's going on this week in Steamboat Springs:  Thanks Chamber!! Steamboat Weekly Events August 14, 2019 – August 20, 2019 www.steamboatchamber.com Wednesday, August 14: 9 a.m. – Noon, Social Gardening, Yampa River Botanic Park 9 – 11 a.m. Mineral Springs Tour, Depot Art Center 10 – 11 a.m. Pearl Lake Walking Tour, for info: 970-8793922 10 – 11:30 a.m. Guided Walking Tour, Yampa River Botanical Park 11:15 a.m. – 1:30 p.m. Guided Gourmet Lunch Hike – Welc... read more
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The Benefits of Growing Equity in Your Home

Posted by Lee Calihan on August 14, 2019 in  1st time buyer  Market Trends
Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is the positive impact they have on home equity. Let’s break down three ways this is a win for homeowners. 1. Move-Up Opportunity With the rise in prices, homeowners naturally experience an increase in home equity. According to the Homeowner Equity Insights from Cor... read more
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How to Increase Your Equity Over the Next 5 Years

Posted by Lee Calihan on August 06, 2019 in No Category
Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers. Here are the results from the Q2 2019 Survey: Home values will appreciate by 4.1% in 2019 The average annual appreciation will be 3.2% over the next 5 years The cumulative appreciation will be 16.8% by 2023 Even experts representing the most “bearish” quartile of the survey project ... read more
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