Monday, December 17, 2012

Following Vail Real Estate

Who has time to sift through the huge amount of homes for sale in newspapers or even the big real estate websites like Trulia or Zillow. Slifer Smith & Frampton makes it much easier with all of the online resources to search for a home and learn about the Vail lifestyle. 

The SSF Facebook page is a great way to hear about any happenings in the Vail Valley as well as some great giveaways. If you go to our Facebook page we offer many giveaways for liking certain posts so check it out every day! 

To find out more about weekly activities in the area keep an eye on our twitter handle, @vailoriginal, and our Pinterest page. From there you can see the things our brokers are doing for fun as well as some great real estate news and updates. 

To keep an eye on new homes on the market or other Vail Real Estate news head to our You Tube channel and blog. These are great places to find out about the real estate in the area through virtual tours and photos as well as Valley updates on things like the new gondola at Vail. 

Another way that Slifer is a great innovator is our amazing iphone app. Vail Real Estate Search can provide you with up to date listing information, maps, photos and contact information for every home on the market in the Vail Valley. The app allows you to search by price, area, recently reduced, new homes on the market and more so you can personalize it to search for your needs.

All of these great resources allow you to stay in touch with the Vail real estate market as well as our amazing lifestyle from anywhere. With our iphone app and other websites you can keep your finger on the pulse of Vail on your mobile phone too. 

For any questions that may sprout from keeping an eye on the Vail Valley please contact me anytime!

Call to Action

Fiscal Cliff Puts Mortgage Interest Deduction in the Cross-Hairs

With the White House and Congress trying to bridge the gap between what they spend and what they take in, many changes could be coming to our tax code including adjusting some long standing deductions. Our country's beloved mortgage interest tax deduction (MID) is being threatened as we approach the "fiscal cliff." 

This deduction has been a part of our tax code since 1913 and changes in it could alter long held homeowner and home buyer mindset when purchasing their home. With our housing market just now showing signs of recovery from "The Great Recession", a change or elimination of the MID would only drive up the cost of home-ownership and set back the recovery. Although no specific legislation has been introduced, the common consensus among economists and political pundits is that the MID will be on the negotiating table to bridge the debt gap.

President Obama's proposal is to limit the total amount of principal eligible for deduction  from $1,000,000 to $500,000 as well as making second homes no longer eligible. These are two limitations that directly effect real estate in the Vail Valley with our average home prices being around $850,000, and the percentage of second homeowners staying around 50%. Because of our market it is more important than ever to protect our MID. Please contact your Senators and Congresspeople by clicking the link below to send a letter. This call to action will only take 30 seconds but will have a lasting effect on making the goal of home-ownership a possibility for future generations. 

Please contact me with any questions on the MID or other real estate questions you may have. Enjoy the snow!