Here we are into April, about two weeks away (the 18th) from the resort closing and halting the lifts. With recent warm weather, people are preparing for their Spring and Summer activities by tuning their mountain and road bikes, dirt motorcycles and yes, over the road motorcycles.
Fortunately, more and more people are looking for real estate, from the “first time visitor” to the one who has finally decided that they do not want to go back on Sunday afternoon, but rather late Sunday evening or Monday morning, relax in their own place before heading back to the Front Range. Not only has the internet activity increased but so has our “walk ins” and signage calls for properties in the Winter Park Valley area to Grand Lakes area. All great signs for sellers.
Vacant land buyers now have a great opportunity to be able to secure a loan with a local bank. Their terms are exceptional: 25% down, 30 year amortization with a three year ARM at 4.38% (which we know can change). They recently changed to an ARM from a Balloon payoff, which is great for an owner since you can continue with the loan if one hasn’t decided to build yet and not worry about a new loan process.
Remember, April is still a good snow month. Use www.accuweather.com, write in Winter Park and you will get all the info you need to see our current weather here and the forecast.
If you haven’t seen Spring Splash, come up to WP for the last weekend. It will be a lot of fun!