Chaffee County experienced an increase in home buyer activity in January and February, which led to a record setting March. Throughout the month, 49 listings closed, which was the most closings in any March on record. Sales of condos/townhomes/multi-family homes more than doubled from last year. … [Read more...] about Buena Vista & Salida March 2023 Real Estate Report
Chaffee County created and implemented a series of rules and regulations for short term rentals in the county. Buena Vista, Salida, and Poncha Springs regulate STRs within their own town boundaries. The Chaffee County STR Rules and Regulations apply to properties in unincorporated Chaffee … [Read more...] about Chaffee County Short Term Rentals (STR) Rules and Regulations
The Town of Buena Vista, CO recently published an update to their rules and regulations for Short Term Rentals. This update to the Town of BV's licensing information applies to all properties that are being managed and offered as vacation rentals (anything under 30 days) and is within the Town of … [Read more...] about Buena Vista updated Short Term Rental (STR) Licensing Information
Chaffee County recently published an update to the county's Short Term Rental (STR) rules and process. Below is the official resolution explaining the current regulations and process for owning and operating a Short Term Rental in Chaffee County. Properties in the municipalities of Buena Vista, … [Read more...] about Chaffee County Updated Short Term Rental (STR) Licensing Information
What You Should Know About Selling in a Seller’s Market You’ve likely heard about the current seller’s market even if you haven’t been following real estate news. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re … [Read more...] about What You Should Know About Selling in a Seller’s Market
In November of 2021 the Town of Buena Vista issued a new short term rental policy. Previously there were no restrictions on short term rentals; now there are many. The policy is complex, but the flow chart below does a pretty good job of explaining it. This new policy changes the landscape for real … [Read more...] about Town of Buena Vista issues NEW Short Term Rental Regulations and Restrictions
Year-To-Date Review Throughout 2021, inventory struggled to meet buyer demand in Chaffee County and homes moved quickly spending only a median of 1 week in the MLS. Sellers brought fewer New Listings to the market in 2021, 6% fewer compared to 2020. The market also saw a decrease in the number of … [Read more...] about 2021 Year End Chaffee County Real Estate Report and Summary
Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year is expected to be much different than the norm. Here are five reasons to list your house … [Read more...] about Why Waiting To Sell Your Home Could Cost You a Small Fortune
