Showing posts with label Frisco real estate. Show all posts
Showing posts with label Frisco real estate. Show all posts

Happiness might not be about ‘getting more’

Happiness might not be about ‘getting more’

Brought to you by: Century 21 Gold, The Smits Team

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“Happiness will never come to those who fail to appreciate what they already have.”Author unknown



Many people equate happiness with having more things or with having more money to buy things with. Of course, we need money to live to a certain extent. We need money to pay our bills, to maintain a place to live, to buy food, etc. But is money the root of happiness, or is it possible that our faith in it tends to be misplaced?



What really makes us happy?

As the holidays approach, it might be time to have a very honest discussion with ourselves about what really makes us happy. What do we really need to be content? Why do we often feel the need to keep buying and acquiring more? 



Buying things isn’t wrong—but when we have to spend money to gain temporary happiness, we must admit that there is definitely possibility that we are looking for happiness using the wrong methods. 



Instead, let’s take a moment to step back and imagine the perfect life. But instead of picturing what you would have in your perfect life, focus on what you would be doing. What would you do every day if you could do anything you wanted? What kind of career would you have? What kinds of projects would you get involved in? What would you strive to achieve?



Discovering the truth

I can’t really speak for anyone else, but I do know that when I ask myself these questions, I find that life isn’t really about the stuff in my life. My things are separated into two distinct categories. There are things that I need (bowls, plates, forks, shoes, shirts, pants, etc.), and there are things that serve as distractions (my tv, my fiction books, my video game system, my stereo, etc.). 



I find that when I am truly pursuing the activities and lifestyle that I love (for me, this is writing), I have less need for distractions. I find that I would rather have less money and be able to do the things that I love to do. It means more to me to work on my book than to have the money needed to buy the latest gadget or trinket. 



Everyone is different

Of course, not everybody will share these opinions with me. Some people might disagree, and some people might have a different outlook. But I still think that there’s something to be said for having an honest discussion with ourselves in this regard. Finding happiness can take a lifetime—but it doesn’t have to. If we can be willing to look closely at ourselves and to search within our own minds for the answer, then we might find that happiness is closer to home than we ever thought was possible. 

April 2014 Market Analysis- Summit County, Colorado

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For more information on Summit County Real Estate, contact us at Century 21 Gold, visit us on Facebook, or just call us at 970-668-2121!

Courtesy: Land Title Guarantee Company

April 2014 Highlights:
  • Market Analysis by Area for April: . There were 117 transactions with $59,517,300 in gross monetary volume. The average transaction price for all 18 reported areas at $508,695, average residential price was $552,308 and the median residential price was $447,500. The average residential PPSF was $327.  Median averages continue to increase each month in 2014.
  • YTD Transaction Summary: There have been a total of 421 transactions with $212,850,800 monetary volume, the average transaction price for all 18 reported areas is $508,770, the average residential price is $520,678, the median residential price is $405,000, the average PPSF is $321 YTD.
  • Market Snapshot for 2014 vs. 2013:  Values are as follows: Average Indicators- Single Family +13%, Multi- Family +9% and Vacant Land +18%. Median indicators: Single Family +7%, Multi- Family  +34% and Vacant Land +49%.  These indicators translate into escalating pricing in Summit County for 2014.
  • Market Analysis % Change showing years 2004-2014 YTD:  April monetary volume ($59,517,300) is down 7% from April 2013, transaction volume is down -13% from April 2013.  2014 YTD (4 months) monetary volume is up 4% from YTD 2013. YTD 2014 transaction volume is down -7% down from YTD 2013.  Inventory is low in Summit County compared to years past, you can see that YTD pricing is stronger with less transactions.
  • Residential Market Sales by Price Point : Residential volume in April had 99 transactions with $54,678,500 gross volume.  There were 11 properties that sold for $1M and above in April.  The most active price point in April stayed in $400K -$500K range which is higher than years and months past. April had 34 Single family, 65 Multi-family and 6 Vacant land transactions.
  • 2014 Average Price History: Average residential pricing continues to be highly consistent as of April - Single family increased to $846,385, Multi- family is $377,100 and Vacant land is $382,707. This graph ( page 7) is a great piece to show your clients that our market has held it's value over all these years.
  • Historical Cost Breakdown YTD 2014 : There have been 353 residential transactions YTD 2014 and $183,799,2003 gross volume with 31 properties $1M - Compared to 2013 YTD, there were 357 transactions and $176,280,200 gross volume, 26 properties at $1M and over and in 2012 YTD, there were 297 transactions with $154,769,600 gross volume, 26 properties at $1M and over.
  • Top Lender Graph: There were 475 loans in April, 52% (61) loans were related to sales and 48% of the sales were cash at closing. There were 76 REFI's and 338 loans related to Timeshares.
  • Market Highlights: Please see page 10 of the Market Analysis-View the higher priced purchases in April and another month with no bank sales.
  • Bank Sales and Foreclosures: Foreclosures continue to decline with 8 actions filed in April versus 24 in April 2013
  • Land Title Purchaser Highlights ( Page 15):  There were 12 higher end sales in April to note- you can see the details on this report.   In April, the majority of our buyers for real estate transactions continue to be the Front Range demographic at 37% of our market, only 22% are local and 38% are out of state buyers.
Land Title Guarantee Company April 2014 Market Analysis