Gerardo Avila IDC Global Agent

Gerardo Avila

REALTOR®
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September Real Estate News

By Gerardo Avila - September 11, 2023
REAL ESTATE NEWS | EAGLE COUNTY   Market Resiliency as Inventory Rises   Available homes, pending sales, and dollar volume are all higher than a year ago at this time, demonstrating a resiliency in the market despite stubbornly elevated mortgage rates. This activity is a clear indication of high demand for homes across the valley and buyers understanding that w
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Housing Market Forecast For The Rest of 2023

By Gerardo Avila - August 18, 2023
HOUSING MARKET FORECAST FOR THE REST OF 2023   What will happen in the housing market for the rest of 2023? Here's what the experts think. Some Highlights Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price gr
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August Real Estate News

By Gerardo Avila - August 08, 2023
REAL ESTATE NEWS | EAGLE COUNTY   Inventory and Pending Sales Up!   It has been a beautiful summer in the valley.  A stormy spring yielded an abundance of wildflowers and great fishing and river activities.  Bravo!, Gypsum Daze, the Eagle Fair and Rodeo, Dance Festival, and farmer's markets have been summer staples and brought both locals and visi
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July Real Estate News

By Gerardo Avila - July 17, 2023
REAL ESTATE NEWS | EAGLE COUNTY   The effects of low inventory and higher interest rates have shaped our market through the first half of the year.  Year to date, dollar volume in Eagle County is down 35% while units sales are down 38%.  There are pockets of the market that continue to demonstrate resiliency and overall the lower inventory has helped keep
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Why Home Ownership Wins In The Long Run

By Gerardo Avila - July 03, 2023
Today's higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it's true this year has unique challenges for homebuyers, it's important to think about the long-term benefits of homeownership when making your decision. Consider this: if you know people who bought a home 5, 10, o
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May Real Estate News

By Gerardo Avila - May 09, 2023
REAL ESTATE NEWS | EAGLE COUNTY   Buyer Demand Up Despite Inventory Challenges…                                Closed sales (down from 2022) and market pace is not reflective of buyer demand as low inventory levels continue to put pressure on sales.  As a more historic market
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NEW Listing Inventory is LOW compared to Q1 of 2022

By Gerardo Avila - April 19, 2023
Today's sellers' market holds great opportunities for homeowners ready to make a move. Listing your home now will maximize your exposure as buyer activity continues to increase over the spring and summer months in our market.  The lack of inventory creates a bigger advantage for sellers and has kept prices strong.  In fact, according to  Black Knight, recent mac
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Assessed Value Of Your Home

By Gerardo Avila - April 19, 2023
The County Assessor's office is mailing every property owner their new assessment. This is not new information as it happens every two years as set by Colorado state law. The significance of this year though is that property values have increased at a higher rate during the assessment time frame.   Please consider me a resource.  If you do own property and need a quick opinio
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Why Aren't Home Prices Crashing

By Gerardo Avila - April 13, 2023
  There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people's ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would end up crashing. Even though we're no longer seeing the b
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April Real Estate News

By Gerardo Avila - April 11, 2023
REAL ESTATE NEWS | EAGLE COUNTY   Signs of Market Normalization   Buyer demand we have been referencing since the start of the year came to fruition with closed sales in March.  After January and February had only 49 closed sales each month, lower interest rates and continued market activity brought closed sales to 70 - 43% higher than the first two months
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