Colorado October Real Estate - Your Local Mountain Broker @MountainLivingLindsey

Hey there, friends!

The snow is almost here, and Summit County is ready to make your winter one for the books! A few of our favorite events this winter are:

• December 7, 2024 The magical glow of thousands of lights during the Lighting of Breckenridge and Race of the Santas
• Ullr Fest—December 12-14 where snow gods answer our prayers
• January 20 - 29, 2025 And don’t miss the breathtaking artistry at the International Snow Sculpture Championships—where snow turns into jaw-dropping sculptures!

I hope you can find your unforgettable winter adventures Summit County, Colorado is where the magic happens.

Check out local events in the link below.

Winter Calendar of Events

Your Mountain Broker,

Lindsey Stapay (@MountainLivingLindsey)

Economic Factors Impacting the Colorado Housing Market

Colorado's housing market, let's break down a few key factors:

• Mortgage Rates - The state's average 30-year fixed rate is 7.34%, above the national average. Higher rates discourage borrowing and keep homeowners "locked in" to their current mortgages. Buyers should watch rates closely.

• Population Changes - While Colorado remains a popular spot for people leaving expensive cities, the state's population growth has slowed, and in 2022, more people left than arrived.
• Insurance Costs - Wildfires and hailstorms are driving up insurance premiums, with some areas seeing increases as high as 130%. Insurers are pulling back from high-risk areas, making coverage more expensive.

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