INCREDIBLE DEAL FOR $199,999, EAGLE RANCH CONDO AND 4 ACRES OF LAND IN HARTSEL, COLORADO

Here is a new twist and a fantastic opportunity to purchase two properties in the high country of Colorado for the price of one, $199,999. This Eagle Ranch Founder's Place Condo is the absolute perfect starter home in Eagles wonderful Eagle Ranch development. Walk to the movie theatre and shops in Eagle Ranch, walk two minutes to fly fish Brush Creek, ride your mountain bike five minutes and be on world class mountain biking trails, or drive just 20 minutes to some of the best skiing the world has to offer. This condo is two bedrooms and two bathrooms, 950 square feet and has many upgrades in a very cozy ad quiet neighborhood. INCLUDED in the sale of this condo is 4 acres of property in Hartsel, Colorado in South Park. This is NOT a scam, that is correct, you will receive this land free. This 4 acre lot is located in the heart of incredible Colorado fly fishing waters which include the South Platte river drainage as well as Spinney, Eleven Mile and Antero Reservoirs all within a very short drive. Call Larry Grossman at 970-376-1244 for more information on this incredible offering.

LARRY GROSSMAN, REFEERAL SPECIALIST AT THE BEAVER CREEK RESORT

Welcome to my work place at the Beaver Creek Lodge at Beaver Creek Resort in Avon, Colorado. There have been some big changes in the past few months as property in and around this high end resort area has really begun to move. Prices are getting very realisitic for buyers who have been sitting on the fence waiting to jump in the resort property market and high end sales are really taking off as these prices continue to drop. Call Real Estate Agent Larry Grossman (970-376-1244) today and he can team you up with the hottest agents in the Beaver Creek Resort area. Don't miss out on the great opportunities which are all around us in the high country coupled with very low interest rates for qualified buyers. Now is the time.

PRESIDENT FORD'S BEAVER CREEK HOME FOR SALE, $12,995,000

President Gerald Ford once graced the halls of this Beaver Creek home located at 65 Elk Track Court. This spectacular residence is highlighted by seven bedrooms and twelve bathrooms. 11,629 square feet which has been tastefully remodeled and includes a lap pool, elevator, gas fire places, hot tub and spa, breakfast nook, lock-off living quarters and an excersize room. This ski in-ski out property is available to the right buyer. Call Larry Grossman today at 970-376-1244 for more information.

AN ABSOLUTE DEAL IN BEAVER CREEK, REDUCED $600,000

Now listed at $1,950,000 and located in the Beaver Creek Lodge, Unit #442 just may be the best deal at Beaver Creek Resort at this time. The lodge is located just a three minute walk from the ski slopes and is located a stone's throw from the Beaver Creek Village which is home to many fine dining establishments, year round ice skating, shops and every activity you can think of in Colorado's High Country.
The lucky owner of this unit also has access to the full range of hotel amenities which include the following.

•Resort concierge desk
•Business center
•Complimentary Beaver Creek Resort shuttle
•Ski valet & ski lockers
•Valet parking/heated garage
•State-of-the-art fitness facility and off-site spa
•In-suite dining
•Dry cleaning
•Retail ski & snowboard shops

Three large bedrooms and three and a half baths are the highlights of this 2300 sqft. flat. You also will be entitled a Beaver Creek Club Charter Gold Membership option. All this at the world class Beaver Creek Resort, home to the infamous Bird of Prey World Cup downhill every ski season.

Call Larry Grossman today for more details at 970-376-1244

THE SHORT SALE PROCESS, WHERE DO I BEGIN?

The big question is rapidly approaching a large majority of home owners, not only nationally, but right here in Eagle and the rest of the Vail Valley. Many home owners that are inevitably going to have to sell their homes will have questions about the short sale and foreclosure process and what will work best for them under current circumstances. First of all, this is a very unfortunate situation for any property owner to be in, but harsh realities are facing many of us in these tough economic times and it is important to note that if you see the writing on the wall, and you know you are going to be put in a position of having to sell your home "short", there are some very helpful resources out there. New guidelines go into effect on April 5th of 2010 and there is help out there answering all your questions. First start HERE , at http://www.makinghomeaffordable.gov/ to become acquainted with the process and if you qualify. Short sale may very well be the best option for many of you who are upside down on their properties, or in other words, owe more than your property is actually worth in today's market. There is another radical option for many of you as well. If you are so far upside down on your property's mortgage, you may consider simply walking away as an option. This choice seems like failure mentally to many, however, I encourage you to read the following publication from Brent T. White at the University of Arizona. White is a professor of law at the U. of Arizona and has written a publication entitled "Under water and not walking away: Shame, Fear and the Social Management of the Housing Crisis". Once this page loads, click on the SSRN link next to the "unerwater" article to open and read it. This is a very straight forward and honest assessment of reality in today's market and may actually help you with your own current position, read it and learn. Should you have any other questions concerning real estate needs please call me today at 970-376-1244.

THE FORECLOSURE WAVE

Just three to five years ago, money was flowing freely. It seemed anyone who wanted "free" money at the time could get it, and in any increment. Well, we all knew those two and three year arms would eventually come to fruition and many have and continue to do so. Fair enough, as we knew this scenario would become a reality. There is however one tremendous problem that cam with this "free money" wave as non stated income loans and refinancing to place. Home owners were borrowing large sums of money against their overly inflated home values nad equity which were created by this easy money scheme of it's time. Mortgage brokers were making money hand over fist while they continued to put homeowners in very potentially poor equity positions in the future. Some of us, myself included, decided to sit tight during these times, keep our thirty year loans with favorable interest rates and did not borrow against the inflated value of our homes, the lucky few. Which brings us to the above graph. We live in a satellite resort community here in Eagle, Colorado. Many professionals think we drag 12-18 months behind the rest of the country with our real estate trends, which makes this graph even more alarming. As we begin to feel the pinch here legitimately, it appears the bottom is yet to come as the above graph estimates when the peak of the loan foreclosure wave will hit the rest of the country, which is March, April and May of this year. What this means is there are more great deals on the horizon if you are sitting and waiting to make you move in the near future. Great opportunities for buyers will continue to surface in the near future. We are already seeing some amazing deals up valley in the resort properties. There are units up valley which have been reduced 40% and are starting to move, and these include some woderful opportunities in the Avon/Beaver Creek market where I now work. For more information on thes properties call me today at 970-376-1244.

MORE ALARMING NUMBERS FOR THE VAIL/EAGLE RIVER VALLEY

Well, just when many thought there was a glimmer of hope more "reality" numbers hit us here in the Vail/Eagle Valley. Foreclosures are up 58% here from the same time last year and reported property values have dropped back to 2002 pricing. For sellers this is pretty disconcerting news, as well as for property owners who purchased from 2002 to 2007 when the upswing was honestly quite out of proportion. This of course is providing some incredible opportunities for buyers, and right now cash is king. My personal take on the entire picture here in the high country market is that we are just beginning to see the meat of the downswing of the market collapse at this time. How much farther and how wide spread will this fall continue into the future? There are some "experts" I have conversation with on a regular basis and we agree that the Mountain/Resort market has a tendency to lag about 1-2 years behind the rest of the country trend wise. Only the future will bring the answers to all of us concerning a rebound or at least a stabilization of our local market. If you are looking for the bottom to buy, right now is a very good time to be working with an agent who can keep their eyes on local foreclosure auctions and short sale prices, offers and sales. We are seeing some very good values out there right now and to find them contact Larry Grossman at 970-376-1244 for more information.

THE PHONES ARE BEGINNING TO RING, JUST A BIT

197 Williams Court, Peace and Quiet on 3 Acres With fall in full swing and the first time home buyer credit getting ready to evaporate into thin air, it appears that their are some buyers out there who are getting a bit "itchy" to take advantage of that $8000 in savings as my listings have all of a suddne begun to see a noticable increas in showings. This upcoming weekend I've got showings on everyone of my lisitngs (which can be found at http://www.livethecoloradodream.com/, see "featured properties"). This is very encouraging indeed as it's been pretty sleepy on the showing side for the majority of the summer season, for everyone. We are slowly seeing more pending and sold properties here in the Vail Valley as buyers begin to realize that we are seeing the bottom on a percentage of home prices. Call Larry Grossman today for more information on the latest market trends.

The View From 197 Williams Court

HIGH DOLLAR PROPERTIES ARE MOVING IN VAIL

This is becoming a very typical sale as of late in Vail. This dupex is actually located in East Vail and was originally listed for 2.2 million dollars just over a year and a half ago. The price had been reduced nearly half a million dollars to $1,695,000 and it is now under contract. That's a near 25% decrease in original asking price. These are the types of properties we are seeing move up in the Vail area as smart buyers begin to "feel" that there are some very good deals out there and that prices will not drop much more if at all on these homes. Hence, the wise buyer is jumping in now so they do not miss the bottom and get caught still looking once the upswing in prices once again begins. When will this happen? No one can be certain, but there are some great bargains out there on beautiful homes up valley right now, and this is a great time to jump on the opportunity if you have been sitting on cash...

PARADISE IN COLORADO, TRUE MOUNTAIN LIVING

197 Williams Court, Gypsum, Colorado
3bd/2bth with a large finished basement and three acres to do as you please, $749,000

There are some properties that "try" to be Colorado, and others that simply "are" Colorado. The Davis Subdivision in the Gypsum Creek Valley is such a place. This large A Frame style home at 3754 sqft sits on three acres of beautiful property immediately north and east of The Brightwater Club. When you speak of breath taking mountainous views from a plush valley this one is hard to beat. Built in 1995, this home sits on a wonderfully landscaped acre, while two acres remain "do as you please" property. This is a dream horse property, if you have numerous toys and need storage space, this is the property for you. The over sized two car garage will support any type of "shop" you may wish to build, or just build another building to your own specs. MLS # 319096

Large Colorado Views abound

Colorado Mountain living at it's best, this is beyond location, location, location

AS GOOD AS DIRT IS GONNA GET

130 COYOTE PLACE, COTTON RANCH, GYPSUM, COLORADO

If you have been waiting for the right price for a spot to build down valley, this lot just may be the spot for you. Located in Cotton Ranch, on the golf course, with big views of the surrounding mountains and Gypsum Creek, this .56 acre lot is perfect for your dream single family home build. The address is 130 Coyote Place, lot 162, and it is just a five minute walk to the fabulous golf clubhouse and all it's amenities. It's been four years since lots this size have been priced like this. At $139,000 this is the biggest and most affordable piece of land to build your dream Colorado mountain home. Call Larry Grossman today at 970-376-1244 for more information.

PROPERTY VALUES BACK TO 2002 PRICING

This fact has been discussed in great detail for months amongst industry professionals. Where do we stand from a pricing standpoint? Well, reports from today say that property values have gone back to 2002 pricing which on average means the majority of properties out there have lost a full third of their value from just a couple of years ago. A frightening prospect indeed for those of us who had a nice litlle nest egg stashed away in our home values, but the reality today. Don't believe it? Try listing your home at 2007 prices and see if you even get a sniff from a buyer, it just won't happen.

THE REALITY OF SELLING A SINGLE FAMILY HOME IN EAGLE AND EAGLE RANCH.

I think it is clear after months of struggling home sale numbers in the Eagle and Eagle Ranch markets, that if you truly need to sell your single family home quickly, and at this point quickly can be defined as within three to four months, that your square footage price is going to absolutely begin with the number one, and not anything higher. This of course is my personal opinion, however, this is based on the facts that the average days on market in this market is currently 245 days. There have been three properties closed in this same market since the beginning of the year, this is out of 180 listed properties. This is quite the reality check for sellers and property owners at this point. I have had many listing appointments during the last couple of months and when potential sellers hear it's gonna take a list price somewhere between $150-$175 sqft. well, the reaction is never very positive, but this is what it will take to even get your single family property shown at this time. The outlook for sellers does not appear to look like it's going to change for quite some time either. However, if you are a buyer, and can find properties which are in a situation where they must be sold, this is a great time to shop for bargains.

EAGLE RANCH SHORT SALES BECOMING COMMON

101 FOXGLOVE LANEAt $185/sqft, this home is a very good value if you are currently in a position to buy. Being a short sale, all offers are subject to Bank approval, but they will look at any offer. 5 Bedrooms and 6 Baths in this 4473 sqft. beauty. Great Castle Peak Views, Gourmet Kitchen Wolf Range, Sub Zero, Slab Granite Throughout, Full Bar in Basement,Two Laundry Rooms, Large Storage Area Above Garage, Walnut Hardwood Floors. Call 970-376-1244 for more info today

WHY HAS MY HOME NOT SOLD?

So your home has been on the market for sometime now and you've had very little activity. Well, I think at this point it is safe to say we are pretty deep into a buyer's market. Many of you trying to sell are still in denial about what your property is actually worth. Is your agent being honest with you when discussing the issues or is everyone just sitting there with the "wait and see" philosophy? If so, here is a list of reasons you may still be sitting on your property as new mortgages numbers begin to head upwards.

1. It's obvious your property is overpriced, sit down and have a frank discussion with your realtor about what price your home will sell for today.

2. Your home does not show well, a good realtor can help you with staging your home for sale.

3. Your home is not in a very desirable location, what you perceive is not always what a buyer perceives

4. Your listing agent is not doing all they can to sell your home.

5. You have very stiff competition and many other listings in your area.

6. Ineffective Marketing, is your agent doing everything they can to get your home's information out there? It's a new world out there when it comes to marketing, especially with Internet options today.

If you need help with any of these issues, or just need a fresh start and approach to selling your home, call Larry Grossman today at 970-376-1244.

WE ARE NOT IN A RECESSION, WE ARE AT THE BEGINNING OF A BOOM.

If you were wise enough to "see the future" during the past couple of years and were wise enough to save your nickels and dimes as an investor for when "leaner" times arrived, you are now in an absolute perfect position to start shopping for quality properties which are much more affordable than they were just 12 months ago. Cash is king right now, and if you are in a liquid position today, it's time to start keeping your eyes on listings that continue to drop their prices at what is becoming both an alarming but also realistic rate. Much better deals are on the horizon for qualified buyers and if you are wise now is the time to get involved with a realtor who knows his or hers local market as well mas information that may help you find the dream house at a price which can't be beat. Call Larry Grossman today to find these properties in the Vail Valley at 970-376-1244

SOME PRICES HAVE HIT BOTTOM IN EAGLE AND EAGLE RANCH?

There is suddenly a bit of a trend in the Eagle and Eagle Ranch area. Properties which have had their listing prices dramatically reduced, and I'm talking 25-35% of their original asking prices are beginning to move. Several have gone under contract in the past month. Buyers are sensing that the "bottom" may be near on these properties that are truly great values and rather than wait to see if things are going to move even lower, they are smart, and they are snatching up these great values instead of waiting too long and then asking "what if" down the road. It is inevitable that we will see more of these downward pricing trends on properties that are still over priced for this market. Now is the time to keep attentive and smart, pay attention to price reductions everyday and be ready to pounce on the next great opportunity on your dream home here when opportunity knocks. Now is the time to buy and sellers who think this market is going to come back quickly and that prices will one day come back to where they were two years ago have got some surprises in store. To stay on top of the latest trends and keep posted on potential short sales in Eagle Ranch, contact Larry Grossman today at 970-376-1244 or fishlg@netzero.net

IT'S HERE, AND IT'S REAL. HOME VALUES CONTINUE TO TANK...

What a time to be a buyer in the Vail Valley...

Reality is hitting at a brisk and stunning pace here "down valley" these days. If you are a buyer looking to finally purchase a property in the Vail Valley the time has come as the phrases "short sale" and "foreclosure" are finally hitting home here. Large custom homes are beginning to sell for 30-40% below what they were valued at just a couple of years ago as prices and value continue to drop over the edge of the falls. More and more sellers are becoming leveraged and they must sell, whatever the cost. If you are fortuante enough to be sitting on cash right now, you can find your dream home by doing a little research and finding some incredible values here in the Vail Valley. Call me today for more information on exactly what is out there. 970-376-1244

UNDER $300,000 IN EAGLE RANCH...

For the first time in over two years prices have dropped under $300,000 in Eagle Ranch. 530 Founders Avenue, Unit C101 was recently reduced to under this price and is not a deed restricted unit. At this price this unit would make an outstanding investment property or is perfect for the first time buyer. Other units is this complex are priced from $310,000 to $339,000. This makes Unit C101 and incredible value as it has many upgrades including custom window coverings, ceiling fan/light combos, wired for surround sound and antiqued kitchen cabinets. Eagle and Eagle Ranch continue to see prices dropping and short sales in Eagle and Eagle Ranch are becoming more of a common occurance. Buyers get ready! There are now and will continue to be some wonderful values for you today and in the future. For more information on these properties, call Larry Grossman at 970-376-1244 or send him an e-mail at fishlg@netzero.net

THE BRUSH CREEK BUILDING IN EAGLE COLORADO, REBIRTH OF A CLASSIC!

The "new" Brush Creek Building in Eagle, Colorado, right on Broadway in downtown has been not only carefully been "unconstructed", but now stands tall as the signature building in the Old Eagle Downtown core. With the rustic Brush Creek Saloon on the first floor, exceptionally remodeled from scrtatch to keep it's old traditional feel, and ample office space on the second floor, the building also boasts four incredible loft type penthouses on the third floor which are one or two bedrooms and priced from $340,000 to $427,125. Each unit has unique finishes and offer a great location just walking distance from everything in the downtown corridor. Also available will be nine very large storage units on the basement floor of the building. This exciting new project is now available for purchase. Call Larry Grossman today at 970-376-1244 for information.

The Original Brush Creek....no more.