The Harvey Team - Smart Buyers Report

(December, 2008) At least once in everyone’s lifetime, a real estate opportunity comes along that they will always remember. Some will see what a smart move they made. Others will regret the smart move they could have made. Today, the Telluride Region of Colorado is one of those opportunities.

Twenty-five years ago, George Harvey was explaining why it was an excellent time to buy in Telluride. And it was. The Mountain Village in the mid-80’s presented another occasion. Today, smart buyers are finding value in homes throughout the Telluride region with a broad selection of inventory, favorable interest rates and a proven historical local market.

Once again, the window of opportunity has opened. Buyers are realizing there are a number of reasons to take advantage of current market conditions and purchase their mountain property. There is no better time than the present to create a legacy of memories with your family. Historically, the Telluride region has been a strong market with a general positive trend of average sales price. Fundamentals remain strong. A limited amount of land left to build on continues to keep supply low. In fact, over 67% of the land in San Miguel County is National Forest, Bureau of Land Management land and Colorado public open space.

George Harvey has been here for three decades. He has seen these cycles before:
• The upheaval of the oil patch and recession of the early 1980’s
• The Savings and Loan scandal that affected the market from 1989 to 1991
• The recessions of the early and late 1990’s
• The “dotcom” meltdown of 2000
• September 11, 2001

In every case the Telluride region went into the downturn later and emerged earlier than the rest of the country. Today, the United States has been in a housing downturn for approximately three years. We began to experience the effects in the Telluride region only a year ago. Sophisticated buyers and sellers keep our market strong as property values have remained stable throughout the years even through these past cycles.

Call George Harvey now at 970-369-5373 or email george@tellurideproperties.com For his Best Buys selection and become part of the group of buyers enjoying this market.
www.TheHarveyTeam.net