Kerry and "The tiny house guy"

Summit County is more that its Beauty..it is Our People

Summit High School students, at the direction of Teacher, Oakley Van Oss, is directing the construction of a Tiny House—from the delivery of the foundation on a flatbed to delivering a move in ready home it to a Western slope tiny home community. According to Van Oss..next years home is slated to remain in Summit County.

The home is produced by Educational Pathways to Innovative Careers program. EDPA is dedicated to providing job-ready skills to high schoolers as well as adults. According to Van Oss the students “are going to discover some hidden talents they didn’t know they had." 

Kudos to the Summit County Builders Associations as it was involved raising funds in the community to help buy equipment for the students.

We all know how important the “trades” are to any community. One student felt like he was getting a jump start on his future. “That’s the great thing about this class—it’s applied learning. You’d could build a sole career of of just knowing how to work with wood.”

Van Oss and his students are part of the lifeblood of our Mountain Community..Thank you to all who “made this happen”

(To read the entire story..Summit Daily.com…Students on the job). Perhaps you have a skill or desire to be a part of a project like this in your community..we all know how important the trades are to each and every one of us. Vocational Tech programs have gone by the wayside—is it time to bring them back?

Mortage Rates, and some Local Lender's Insights on the topic

K-2 Lending

• Latest Consensus in the news is that they will slowly drop in 2024.  There was a scheduled drop in March that now looks like it may not happen. 
• Cuts are anticipated later in 2024. Low 6’s% be end of this year and mid 5’s for mid to end of 2025.  
• Hard to predict all the variables that go into the feds decision making and its not as easy as watching the 10 year bond like it used to be. 

 Lake Dillon Mortgage

• Rates may hold at this level for the rest of this quarter (going up and down every day...Thursdays still seem to be the best day to lock based on 26 yrs of review) 
•  Inflation, and the election are two big factors. Toss in our markets, cost of oil and world events as factors as well.
• A timeline that could go through November but we may see movement in May or June that excites or deflates the market.
•  Some market analysts appear to believe we may see the Fed reducing overnight federal funds soon because inflation seems to be softening and with an election coming up all are poised to see the current president use a reduction in rates to excite his voters.  Not a believer yet and it could be possible the improvement we have had in the past 45 days is going to hold until Q3 2024.
• One think tank mortgage market commentary guy (who is wrong 50% of the time for the last 26 yrs) thinks if you are closing within 60 days of now, you should lock. I agree with him except it always seems best to wait for the 30 day lock price period.

Real Estate Market 2024:

I will provide in Early April's Newsletter a full overview of how Summit County Real Estate performed in 1st Quarter 2024 - stay tuned!

"Over my 30 years as a Realtor I continue to believe...that

You deserve a Realtor who is honest, knowledgeable, and strives to exceed you expectations!

I am hoping I can be that person for you!  -Kerry

For a full local MARKET update please click here

If you would like to review older Statistics provided by me over the past year, please check out my website, Newsletters and Statistics CLICK here

Q U E S T I O N S  you may have:

What do you need to know about our market..whether you are BUYING or

SELLING !

Please call Kerry at: 303.910.6633

Kerry@KerryGibson.com

Kerry direct: 303-910-6633

Please visit my website here

Kerry Gibson, Broker Associate

Colorado Craft Brokers

PO Box 2120

Dillon, CO 80435

Serving all of Summit County & Surrounding Communities