The first 17 days of 2010 may just be an indication the Vail market has bottomed.  The Vail Valley is averaging 2 properties a day going under contract since the beginning of 2010 from East Vail to Edwards with the Westin Hotel in Avon leading the way,  followed by Beaver Creek and in 3d place is East Vail.

I have been writing that now is the time to make a move if you want great prices and a large inventory.  No matter what price range you are shopping in there is still a large inventory to pick from, today at least.  

One item of note is that I have noticed one neighborhood in particular has seen the nicer properties picked off  and now buyers will have to settle for  lesser properties. 

As far a great buys go, I have my eye on a condo in the Eagle-Vail area that I think is a great buy and there is a duplex in Homestead that needs to be picked up by someone soon as it is also is a great buy.

Undervalued in Homestead

With the threat of higher interest rates, the ending of the $8,000 first time homebuyer credit, time is running out for those who are waiting for the bottom.  As I have mentioned before it is better to pick something up on the way down than to miss the bottom and pay more on the way back up.

If you agree with me the market is turning and you don’t want to miss out,  use our complimentary MLS web site to to get the ball rolling.  Then contact me with your choices and get the low down on which property is best for you.

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