Updates from Sally Shiekman
As a seasoned broker with deep roots in Aspen, Snowmass, and the Roaring Fork Valley, I’m passionate about sharing insight into our dynamic markets. Whether you're buying, selling, or simply staying informed, my goal is to help you navigate with clarity, confidence, and a local’s perspective.
SVB and Aspen and the Roaring Fork Valley
March 20, 2023
As an Aspen real estate agent with over 30 years of experience under my belt, I've seen the market go through many twists and turns. While recent financial events like the closure of Silicon Valley Bank (SVB) don't directly impact our local market, they do remind us of the need to stay flexible and adapt to changes. In this blog post, I'm excited to share some insights on the current state of Aspen's real estate market and offer tips for buyers and sellers on how to make the most of it.
What's Happening in the Market?
Buyers, Buyers Everywhere!
No matter what's happening in the financial world, Aspen continues to be a hot spot for people seeking luxury properties, investment opportunities, or just a beautiful mountain getaway. This steady demand helps keep our real estate market bustling with chances for buyers and sellers to make their dreams come true.
Home Loans: Variety is the Spice of Life
Although the SVB closure doesn't directly affect Aspen, it's a good reminder to explore various mortgage financing options. Luckily, our local banks and credit unions have many loan products designed specifically for Aspen's unique market, so buyers have plenty of choices when it comes to financing their new homes.
Tips for Buyers and Sellers
Price it Right, Sellers!
In today's market, it's essential for sellers to get their pricing strategy just right to attract those eager buyers. By checking out similar properties and teaming up with a seasoned Aspen Realtor (like yours truly), sellers can be confident their homes are priced to sell.
Buyers, Do Your Homework!
For buyers, it's crucial to research the market, understand the available financing options, and work with a friendly and knowledgeable Realtor. This approach will help you spot great opportunities and negotiate the best deals on your dream properties.
Conclusion
Aspen's real estate market is always changing; staying on top of those changes is key. Buyers and sellers can successfully navigate the Aspen real estate scene and achieve their goals in our stunning mountain haven by keeping an eye on market trends and adjusting our game plan accordingly.
Call me today, and let me put my "Mountains of Experience" to work for you.
Sally
970-948-7530
What's Happening in the Market?
Buyers, Buyers Everywhere!
No matter what's happening in the financial world, Aspen continues to be a hot spot for people seeking luxury properties, investment opportunities, or just a beautiful mountain getaway. This steady demand helps keep our real estate market bustling with chances for buyers and sellers to make their dreams come true.
Home Loans: Variety is the Spice of Life
Although the SVB closure doesn't directly affect Aspen, it's a good reminder to explore various mortgage financing options. Luckily, our local banks and credit unions have many loan products designed specifically for Aspen's unique market, so buyers have plenty of choices when it comes to financing their new homes.
Tips for Buyers and Sellers
Price it Right, Sellers!
In today's market, it's essential for sellers to get their pricing strategy just right to attract those eager buyers. By checking out similar properties and teaming up with a seasoned Aspen Realtor (like yours truly), sellers can be confident their homes are priced to sell.
Buyers, Do Your Homework!
For buyers, it's crucial to research the market, understand the available financing options, and work with a friendly and knowledgeable Realtor. This approach will help you spot great opportunities and negotiate the best deals on your dream properties.
Conclusion
Aspen's real estate market is always changing; staying on top of those changes is key. Buyers and sellers can successfully navigate the Aspen real estate scene and achieve their goals in our stunning mountain haven by keeping an eye on market trends and adjusting our game plan accordingly.
Call me today, and let me put my "Mountains of Experience" to work for you.
Sally
970-948-7530
It's time to take stock of your most valuable asset
March 3, 2023
It's tax season, and while it's easy to get caught up in the numbers game, it's important not to forget about protecting one of our most valuable assets: our homes. One of the best ways to do that is through homeowners insurance. But with rising building costs, inflation, and natural disasters becoming more frequent, it's important to ensure your insurance policy covers your home's true replacement cost.
Make sure you understand the difference between the cost to rebuild and market value. Review your policy regularly, and make sure to factor in any improvements or changes to your home. Also, pay attention to your dwelling limit, and don't be afraid to ask your insurance agent to raise it if necessary.
It's also important to consider the location of your home. Your coverage could be expensive if you live more than 10 miles from the nearest fire station. Insurance carriers will want to see a water source and preventative measures, such as an internal fire suppression system and fire mitigation efforts around your house.
Don't wait until it's too late to find out if you have sufficient coverage for your home. Give your insurance agent a call and ask questions, ask for quotes, or even ask for better coverage. Protecting your home is protecting your investment.
For more information, see this article from our sister branch in Steamboat Springs.
https://www.steamboatsir.com/blog/2023/01/31/rest-insured-adjusting-your-homeowners-insurance-to-todays-market-prices/
Make sure you understand the difference between the cost to rebuild and market value. Review your policy regularly, and make sure to factor in any improvements or changes to your home. Also, pay attention to your dwelling limit, and don't be afraid to ask your insurance agent to raise it if necessary.
It's also important to consider the location of your home. Your coverage could be expensive if you live more than 10 miles from the nearest fire station. Insurance carriers will want to see a water source and preventative measures, such as an internal fire suppression system and fire mitigation efforts around your house.
Don't wait until it's too late to find out if you have sufficient coverage for your home. Give your insurance agent a call and ask questions, ask for quotes, or even ask for better coverage. Protecting your home is protecting your investment.
For more information, see this article from our sister branch in Steamboat Springs.
https://www.steamboatsir.com/blog/2023/01/31/rest-insured-adjusting-your-homeowners-insurance-to-todays-market-prices/