The Porches meets the current demands for Steamboat’s hot luxury market.
High demand and low inventory mean buyers need to act fast! Get valuable inside info on what’s happening at The Porches, brought to you exclusively by Beth Postemski, Broker Associate for The Porches.
Buyers get ready: Now is the time to buy!
With low interest rates, averaging 3.65% for all of 2016, and low inventory (especially in the luxury home sector), prices have nowhere to go but up. “We’ve been seeing a lot of clients who have had their eye on the market for over a year finally moving forward on an offer,” Postemski says. A lot of buyers don’t realize that even if they’ve been thinking about the purchase for a long time, the market might not wait. That means now is the time to buy—but you have to act fast.
In the last 13 months, The Porches sold 10 units totaling $13,548,500.
Stiff Competition, Multiple Offers
“With low inventory and a higher demand for luxury properties, chances are someone else is going to be drawn to the same property as you, creating unwanted competition,” Postemski says. Once you locate the right property, the best thing you can do is to come prepared to make an offer.”
Time is money: The Porches expands its versatile ownership offering.
We literally have something for everyone with our unique ownership offering. The Porches is one of the only properties in Steamboat willing to cater ownership to how much time a buyer wants to spend here, from several weeks to several months. “As a family-friendly resort and a property that caters to the needs of families, our program is a great way for families to share a home without the complexities of a full ownership home purchase,” Postemski says. We have units for sale starting at $282,000 up to $2,450,000.
Contact The Porches Sales Team if you have any questions or would like to get more information about Steamboat or The Porches.
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