Summit County’s real estate market is anything but easy for first-time homebuyers

 Summit County’s real estate market is anything but easy for first-time homebuyers

Leah Canfield, longtime local and Coldwell Banker Mountain Properties real estate agent, smiles in front of a home in the Wellington Neighborhood in Breckenridge, Saturday, Sept. 25. Canfield recommends that first-time homebuyers set aside at least six months to give themselves time to find a property within the county.
Ashley Low/For the Summit Daily News

Soaring prices, high turnover of inventory and cash offers are all evidence that Summit County’s real estate market has been hot for a while now, but what has that done for first-time homebuyers?

In the case of Dillon resident Alex Cole, it meant waiting as many as seven months to find a property that met his minimum requirements and was within budget. Cole was living in Denver and had spent a few winters up in the county before deciding he wanted to move. He was looking for a property that had to be within…

Read full article…www.summitdaily.com