Welcome back to another episode of the Ski Summit Show! I'm your host, Matt Dayton from Cornerstone Real Estate, joined by my producer and livestream sidekick, Benji from Benji Does. As always, we're here to unravel the intricacies of the Summit County real estate market, share valuable tips, and bring you the latest local news.
Real Estate News: Builders Pulling Back?
In today's segment, we delve into a pressing concern: Are builders pulling back on production, and what will this mean for housing supply? A recent report from the National Association of Home Builders (NAHB)/Wells Fargo indicates a significant drop in builder confidence. This decline, marked for the fourth consecutive month, brings us to the lowest level of builder confidence since December 2022. Amidst an economic climate that's been anything but stable throughout 2023, these findings aren't surprising. However, with signs of improvement starting to appear, what lies ahead for housing supply remains a critical question.
Question of the Day: Post-Slope Rituals
We all have our rituals after a great day on the slopes. For me, it's about relaxing in the hot tub with a beer, accompanied by the sounds of my dad playing the accordion – a family tradition filled with memories and, admittedly, a fair share of accordion jokes!
Real Estate Tips: Importance of Choosing a Local Lender
This week's tip focuses on the importance of choosing a local lender. In the complex world of real estate, having a lender who understands the local market nuances is invaluable. I can't stress enough: local lender, local lender, local lender!
Market Overview: A Steady November
As we screen share the latest market numbers, November appears to be coming in flat, which, in the current scenario, is actually a positive sign. Stability in such unpredictable times is a welcome relief.
New Listings: 18
Under Contract: 25
Price Reductions: 25
Total Listings: 327
MLS Check: Top Picks of the Week
Don't miss out on our top 5 property picks from the MLS this week. Each selection represents the best of what Summit County has to offer, tailored to various preferences and needs.
Thanks for tuning in to today's episode of the Ski Summit Show. We appreciate your support and engagement. Remember to like, share, subscribe, and follow us for more insights and updates. For any questions or real estate needs, feel free to reach out to us. I'm Matt Dayton, wishing you wonderful adventures in the mountains until our next episode!
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