AMY NAKOS
Our Blog
NAR Settlement
You may have seen some rumblings in the news about changes in the way Realtors® are going to be paid. Let me first start by saying that this is a settlement in response to two ongoing lawsuits proposed by the National Association of Realtors (NAR) and nothing has yet...
April Market Update
Same old story here. Pricing is really holding steady. Average sales price (trailing 12 months) is up slightly in March from $1.291m in February to $1.309 in March.March only had 84 sold residential listings, down from 95 in February. This is a little...
WMRA Study re: STR’s Impact in Summit County:
With restrictions and increased taxing on Short Term Rentals (STRs) happening in resort communities, the Western Mountain Resort Alliance commissioned a study to measure the effect of STRs on resort economies. In 2022, in Summit County alone, STRs brought in $1.7...
March 2024 Summit County Market Report
February Sold Listings jumped up a bit to 94 from a paltry 61 in January. This sales number is in line with the previous 5 years showing that the market is remaining strong despite the headwinds of higher interest rates.Median Sales price is $999,000 and Average Sales...
What You Need to Know About House Swapping
STR restrictions have put a damper on the nightly rental of many properties in Summit County. However, owners can consider using their property in an exchange pool where they can allow people to use their home and in exchange vacation in other people’s homes. Here is...
Battle over short-term rentals heats-up at Colorado’s capitol
Senate Bill 33 is currently in the legislature with a committee hearing tentatively scheduled for February 20. A number of groups are rallying against this bill with a STR advocacy day scheduled in Denver at the Capitol on February 6, 2024. Senate Bill 33, as written,...
February 2024 Market Update
I am still surprised at the resiliency of the pricing in our market. Resort markets like ours are holding strong because of the desirability of the location and amenities, which keep demand very high. With high demand, the competition keeps the pricing competitive,...
Webinar on High Altitude Home Buying:
I recently recorded a webinar with my colleague Jackie White where we discussed all considerations, good and bad, on buying and owning property in the high country. Jackie is an expert in the Evergreen/Foothills market and shared her unique expertise for that area. I...
Recentric Realty Capital’s Successful Closing of Union Terrace in Lakewood
The Recentric team is pleased to announce that we have officially closed on the acquisition of Union Terrace, an 84,000+ square foot office with medical building in Lakewood, CO. The closing occurred on December 29th, 2023, the last business day of the year allowing...
Real Estate Market Update: January 2024
Here is how the market is faring for all Summit County residential real estate. Sold Listings December 2023 saw a total of 94 closings which is the least it has been since 2015, which is as far back as the software data goes. Historical number of sales in December:...
Dear Short-Term Rental Advocate
I'm passing along this important advocacy information relating to the proposed lodging tax on short term rentals. This proposal would increase taxes for STR's renting over 90 days by around 400%! If this is an important matter to you, then please read this information...
House Hunters Summit County
I recently spoke with some new buyers looking for a second home in Summit County and they had a flexible budget up to $1.2m. They were open to different types of properties. Usually, buyer’s budgets and their property requirements automatically define the properties...
About Amy
I understand why you want to live and play in the mountains as a family and experience the peacefulness and adventure of a mountain community. I felt the same way almost 20 years ago and moved to Summit County with my family. It’s not always an easy move to make. You’d like to know that everything will work out for the better if you do. The problem is that there is such a strong pull to just keep life status quo.
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I have made millions of dollars for my clients. Whether you are seeking the ideal investment opportunity or buying or selling a home, I bring a wealth of experience that is unmatched in Summit County, Colorado. If you’re looking for someone to simply peddle your home, then I’m not a match for your needs. But if you’re interested in an individualized approach to a residential move or seeking out the kind of back-end expertise that will gain you a foothold in the realm of investment real estate, owning a second home, or exploring dreams of development, you owe it to yourself to sit down and have a talk with me.
Contact Amy
Summit County, Colorado 80443
+1-970-389-8388
amy@amynakos.com