Here's a "good enough" starter home for $39,900 real estate in summit county Colorado... which is an acceptable-enough neighborhood. The people who live there would be like the guy who works at the auto body shop, or a nurse, or the guy who delivers summit county real estate mls or soda to grocery stores, etc... regular working class folks. Needs a little cleaning up, some new caulk around the tub, some round-up on the patio bricks...but it's not like you'd be living in summit county colorado homes squalor and it could be paid off in only a few years and then you have no colorado summit county real estate mortgage. Yes, it appears that some people don't understand that this problem is summit county realestate affecting many people outside of those who took out mortgages they couldn't afford. Having said that, how many 1st time home buyers were well within their comfort level when 1st buying a house. It doesn't make it right, but a lot of summit county realtors people take out 1st time summit county colorado real estate mortgages there are a bit above there level. (and then go on to live comfortably
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It's a shame people forgot one of the first rules of buying a Breckenridge luxury home. Never buy a Breckenridge homes that takes more than 28% of you monthly income. I feel for the people that have over extended themselves. It's not fun having to worry about whether to pay the for the car loan, the credit card bill, or the breckenridge real estate listings for sale house payment. I made a mistake in doing without and saving money, putting it into a 401K and watchng 25% get flush down the toilet by wall street and homeowners that could not figure out the $750K was too much for the homeless stinky guy on the corner.
















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I keep hearing that housing market has recovered 100 one hundred percent in Colorado .
please give me a break. I smell a rat. how has the market in phoenix has recovered unless there is another
sub prime lending again and people buying at o%zero percent interest and another two years it jumps to 7,8 percent. other word mored adjusted interest rates and people lying in their applications and a course
bank lending just because they want to look good on. I believe the worst is yet to come. all those millions of people the that have negative equity.
how long can they be living in house they wil never own and can't sell because is worth way less
than the mortgage. another doom in foreclosure is coming.I am outraged that others who have displayed the ultimate in greed, ignorance and irresponsibility, will get a bailout to keep their $730,000 McMansion! I am so tired of following the rules only to be sodomized by my government and fellow Keystone Colorado real estate Americans
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