Interest rates dropped again! Rates on fixed mortgages dropped to their lowest levels in decades this week after the Federal Reserve unveiled a massive bond-buying program to help spur economic growth. The average rate for 30-year fixed loans fell to the lowest point on record. At 4.17 percent it’s the lowest rate on record dating back to 1971. The rates were at 4.24 percent last week. The average rate on 15-year fixed loans fell to 3.57 percent from 3.63 percent. That's the lowest rate since tracking began in 1991.
Combined with already low home prices, this may be the best opportunity ever to buy a home in Steamboat... and believe me, there are some great deals out there. Here are few of my best deals:
Single Family Home in the Fish Creek Falls area - Short Sale - Priced at $524,000
Luxury Home at the base of Rabbit Ears Pass - Reduced to $2,149,500
Luxury Home near Fish Creek Falls - Reduced by $600,000.
Luxury Home near ski area and Ski Time Square - Reduced to $1,149,000
Single Family Home on 2 acres, near town - Reduced to just $429,000
Fully Functional Luxury Horse Ranch - Reduced to $1,595,000
The Lowest Price Sanctuary Lot - Right on the Golf Course - Only $369,000
Pure Luxury at Catamount Ranch - The Covered Bridge Home - Reduced to $6,250,000
Luxury Log Home on 35 Acres - Amazing Views - Reduced to $2,495,000
Please give us a call if you want to see any of these homes or have any questions about real estate in Steamboat. We hope to see you this winter!
Sincerely,
The Vanatta Group
Bringing you the best real estate in Steamboat Springs for over 20 years.
