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Old 02-05-2009   #11
Denver via GJ, Colorado
Paddling Since: 2003
Join Date: Jul 2005
Posts: 333
My opinion is prices are still on the way down. Good thing is if you buy within the next year you get a $15,000 tax credit for a primary residence (signed into law today I believe). You also need to stay two years for the full credit.

My recommendation is to shop around. I would recommend Newcastle, Glenwood or Carbondale area unless you prefer to be closer to Denver. East of Eagle is just more expensive and Gypsum may be ok, but I doubt it has much for the "community" feel if you have family. I have a friend out who is a contractor out of Basalt and says construction has dried up like no one has ever seen it and prices are falling. If you can hold out until mid summer there may be some really good buys.

I would like to think my opinion is educated as I am an appraiser, but I do not work in these market areas, so it is just my opinion only. If prices come down, Carbondale has a lot of upside. Newcastle could be cool some day and has nice access to I-70.

"I plan to leisurely advance through my existence" - Terry Fuhrman 1991
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Old 03-04-2009   #12
vail, Colorado
Paddling Since: 2009
Join Date: Jan 2009
Posts: 3
are you looking for 6 month rental or year round? You can get some good deals over the summer until you decide where you want to live.

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