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  • Writer's pictureSki Summit Homes

The Ski Summit Show with Matt Dayton: Real Estate, Snow Tires, and Market Insights | Episode 046

Hello and welcome to the Ski Summit Show, your one-stop shop for all things real estate and mountain living. I'm your host Matt Dayton from Cornerstone Real Estate, and I'm joined by Benji, my producer and live-stream sidekick from Benji Does. He'll be monitoring the chat today, so don't hesitate to ask us any questions you may have.

Question of the Day

Before we dive into the nitty-gritty, let's kick things off with our question of the day: Studded Snow Tires, Snow tires, or just plain ol' all-weather tires—what's your preference for the snowy mountain roads and why? Drop your thoughts in the comments below!

Real Estate News

In today's real estate segment, we'll be discussing an upcoming trial that could have some significant ramifications for homeowners. Starting on October 16th, the National Association of REALTORS® (NAR), along with HomeServices of America and Keller Williams Realty, will head to court. Plaintiffs argue that the commission rates set by NAR are too high and may violate antitrust laws. It's a complicated issue that could change how commissions work in the real estate industry. If you want to know how this could affect you as a homeowner or prospective buyer, feel free to give me a call.

Real Estate Tips: Look for the Sleepers!

When it comes to real estate investments, always keep an eye out for "sleepers," or properties that are undervalued but have great potential. These could be older homes in need of a little TLC or properties in areas that are on the verge of becoming the next big thing. The key is to get in early before everyone else catches on.

How is the Market?

Curious about the current real estate market trends? Let's take a closer look:

  • New listings: Numbers are fluctuating, but it's a good time to consider listing your property.

  • Under contract: Demand remains stable, indicating a healthy market.

  • Price Reductions: Slight variations suggest that some properties may be overpriced.

  • Total listings: Around 27% of these are new constructions, many of which have not been built yet.

So when are rates going to go down? It's the question on everyone's mind, and the answer isn't straightforward. The important thing to remember is that time in the market often trumps timing the market. Consistency and long-term planning are key.

MLS Check

For more real-time data, check out this MLS Portal, where you can get a snapshot of the market, including listings that might catch your eye.

That's all for today's episode of the Ski Summit Show! If you found this helpful, please like, share, and subscribe. Also, be sure to check the description for links to resources we mentioned today. We hope to see you in the mountains soon!

Happy Skiing and House Hunting!


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