Lee Calihan Blog

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market. Many potential sellers believe that waiting until Spring is in their best interest, and traditionally they would have been right. Buyer demand has seasonality to it, which usually falls off in the winter months, especially in areas of the c... read more
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Over the next five years, home prices are expected to appreciate 3.22% per year on average and to grow by 17.3% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchased and closed on a $250,000 home in January. If we look at only the projected increase in the price of that home, how much equity will they earn over the next 5... read more
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Steamboat To Do's

Winter WonderGrass Festival
Posted by Lee Calihan on February 24, 2017 in  Steamboat Events  Steamboat News
Steamboat is BUSY this time of year - this weekend is no exception.  Check out Winter Wondergrass Festival! WinterWonderGrass Festival Thu. Feb. 23, 2017 - Sun. Feb. 26, 2017  8:00 AM - 11:00 PM Steamboat Ski Resort MUSIC AND BREWS COLLIDE IN STEAMBOAT SPRINGS The WinterWonderGrass Festival brings together authentic bluegrass music and Colorado craft beer for one of the best music festivals of the season. The festival features over 20 Colorado craft breweries and more than 25 bands dur... read more
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Home Owners are More Involved!

The Impact of Homeownership on Civic Involvement
Posted by Lee Calihan on February 17, 2017 in  Colorado Real Estate  Steamboat Realtors  Steamboat Springs Real Estate
The National Association of Realtors recently released a study titled 'Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans: “Owning a home embodies the promise of individual autonomy and is the aspiration of most American households. Homeownership allows households to accumulate wealth and social status, and is the basis for a number of positive social, economic, family and civic outcomes.” Today, ... read more
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Daydreaming About Your Perfect Home?

Know What You WANT vs. What You NEED
Posted by Lee Calihan on February 10, 2017 in  Colorado Real Estate  Market Trends  Steamboat Realtors  Steamboat Springs  Steamboat Springs Real Estate
In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search. If you’ve been thinking about buying a home of your own for some time now, you’ve probably come up with a list of things that you’d LOVE to have in your new home. Many new homebuyers fantasize about the amenities that they see on television or Pinterest, and start looking at the countless homes listed for sale through rose-colored... read more
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