Category Archives: Martket Information

3D-Printed Homes

You Can Now 3D-print a House in Under a Day

Quartz – Mike Murphy 

March 12, 2018

Austin, Texas

In the near future, building a new home may be as easy as printing out an airline boarding pass.

At South By Southwest today, New Story, a Y Combinator-backedcharity that works to build houses for people in developing nations, and Icon, a robotics construction company in Austin, Texas, unveiled what is believed to be the first 3D-printed house that is fully up to code and permitted for people to inhabit.

The two organizations came together to show that it’s feasibly possible to build an easy-to-replicate house in under 24 hours. They plan to take this proof-of-concept and start producing small houses for families in countries like Haiti and El Salvador. The 800-sq-ft house cost around $10,000 to build using Icon’s proprietary Vulcan printer, but the company plans to eventually bring that price down to around $4,000. Theoretically, it could soon print one of the houses in about six hours, a representative for New Story told Quartz. But the process is still being ironed out—the house in Austin is the only one built so far.

Icon Vulan
Icon’s house printer, the Vulcan. (Quartz/Mike Murphy)

The Vulcan printer was also on display, in the yard next to the lot where the house was printed. Massive, but still portable, the printer excretes a custom blend of concrete that hardens as it’s printed. The concrete is laid in 100 roughly one-inch-thick strands that hold their shape as they harden. Icon cofounder Evan Loomis told Quartz that the strength of the printed walls is stronger than cinderblocks after a few days of hardening, although the house is entirely habitable after it’s been set up.

Icon printed house
Each house features a living room, bathroom, a bedroom, and a study (which can be another bedroom). (Quartz/Mike Murphy)

After the walls are printed, New Story crew members come in and install windows, a wooden roof, basic plumbing, and electrical wiring which can be drilled right into the walls. The entire setup, including the finishing, takes under a day.

In the future, Icon would like to be able to develop robots that could automatically install the windows after the Vulcan finishing printing, and drones that could spray-paint the exterior walls. It’ll explore the possibility of printing roofs as well, but the technology for suspending concrete as it prints isn’t really feasible yet.

Icon printed house
The house is made up of about 100 lines of concrete, and a wooden roof. (Quartz/Mike Murphy)

There are other groups working on printing houses, including Apis Cor in Russia, but the group in Austin believes its structure to be the first printed house that’s been deemed inhabitable by a local government. Icon hopes to eventually commercialize its house-printing technology in the US, where housing shortages are reaching severe levels in some larger cities. “Affordability is important,” Loomis said, “regardless of whether you’re in Austin or El Salvador.”

In theory, families could customize the design, arrange for a printer to come plop down on their land, and have a readymade house to move into a day later. Even the average Amazon delivery takes longer than that.

For original article from Quartz: Click here

February 2018 Market Stats Update

Here are the latest market stats from Anne & Molly.

Please contact us if you have any questions or want to find your mountain escape! 


Market Stats Update – January 2018

Anne and Molly from the Skinner Team with Keller Williams Top of the Rockies in Summit County, CO recap the market stats from the end of the 2017 year, and highlight what they are curious to see happen in 2018.

5 Most Common Reasons for Closing Delays

RealtorMag has compiled information about the top reasons for delayed closings. This is why it’s important to not only work with a realtor you trust to navigate the local market for the best inspectors or title companies, but also to work with a lender that will actively help you ensure your financing comes through!

5 Most Common Reasons for Closing Delays

Seventy-three percent of home sales closed on time in October, but 25 percent of REALTORS® report a delay in getting to the settlement table, according to the latest REALTORS® Confidence Index, a survey based on responses from more than 3,500 real estate professionals. Only 2 percent say a contract was terminated completely.

What are the main problems encountered with delayed settlements? Real estate pros report the following:

  1. Issues related to obtaining financing: 32%
  2. Appraisal issues: 20%
  3. Home inspection/environmental issues: 16%
  4. Titling/deed issues: 11 percent
  5. Contingencies stated in the contract: 6%

Seventy-four percent of all contracts in October contained contingencies, most often for home inspections, appraisals, or financing.

Source: “REALTORS® Confidence Index Survey,” National Association of REALTORS® (October 2017)

2018 Conforming Loan Limits by County

2018 Conforming Loan Limits by County

This website provides 2018 conforming loan limits by county, as well as VA and FHA limits. In 2018, the baseline loan limit for most counties across the U.S. will be $453,100, an increase over 2017. More expensive markets, such as New York City and San Francisco, have conforming loan limits as high as $679,650. Anything above these maximum amounts is considered a “jumbo” mortgage.

The PDF and Excel files above were obtained from They are offered here as a convenience to our visitors. You can download them to your computer, in either format, and refer to them as needed.

Update: Conforming Loan Limits Increased for 2018

On November 28, 2017, the Federal Housing Finance Agency (FHFA) announced that it would raise the baseline conforming loan limit for 2018, for most counties across the country. They are also increasing the limits for certain “higher-cost areas” that are above the baseline. This is in response to significant home-price gains that occurred during 2017.

In most counties across the country, the 2018 maximum conforming loan limit for a single-family home will be $453,100. That’s an increase of $29,000 from the 2017 baseline limit of $424,100. This marks the second year in a row that federal housing officials have raised the baseline.

But again, this is just the baseline conforming loan limit used for most parts of the country. In higher-cost real estate markets, like San Francisco and New York City, the limit for a single-family home loan can be as high as $679,650.

Anything above these caps is considered a jumbo mortgage.


CLICK HERE to finish the article from

Land Title Guarantee Company November 2017 Market Analysis

November 2017 Market Analysis

Please note that Land Title data comes from actual recorded transactions at the County Clerk and Recorder’s Office for that particular month. The information is not directly related to MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate. If you choose to utilize this marketing information in any publications or websites, please make sure you are quoting Land Title as your source. You are welcome to utilize this link within your own websites.

  • Market Analysis by Area for November 2017: There were a total of 230 transactions and $151,871,354 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $663,600, average residential price was $694,513 and average residential PPSF was $451.
  • Year to Date Market Analysis (11 months): Monetary volume in YTD 2017 totaled $1,506,142,622 with 2377 transactions: $646,352 average transaction price, $679,530 average residential price and average residential PPSF $430. 
  • Market Snapshot for Years 2017 vs 2016:  Average Indicators for $: Single Family +16%, Multi- Family +15% and Vacant Land -5%. Median Indicators for Single Family +17%, Multi- Family +16% and Vacant Land -9%.
  • Market Analysis % Change YTD 2017: Monetary volume ($151,871,354) in November 2017 was down 18% from November 2016. Transactions (230) also down 14% from November 2016.  YTD 2017, monetary volume is up by 17% and transactions are up 4% compared to YTD 2016. 
  • Residential Market Sales by Price Point: Residential volume in November had 200 transactions with $138,902,688 gross volume. There were 24 properties that sold for $1M and above in November. The most active price points were between $300K-$400K with 37 transactions. There were 64 Single Family, 136 Multi-Family and 17 Vacant Land transactions in November.
  • Average Price History by Type 2017: Average price for residential Single Family: $1,084,991, Multi- Family: $470,841 and Vacant Land: $335,949.
  • Comparative Historical Cost Analysis 2017 YTD: There were 2010 residential transactions and $1,365,855,333 gross $ volume with 311 properties selling for $1M and over-compared to 2016, there were 1921 transactions and $1,098,827,441 gross $ volume, 203 properties at $1M and over.  In 2015, there were 1870 transactions with $1,027,115,318 gross $ volume,182 properties at $1M and over.
  • Top Lender Graph: There were 458 loans in November, 68% (157) of the loans were related to sales, there were 149 REFI’s and 152 loans were timeshare related. 32% of the real estate closings were cash transactions.
  • Market Highlights: Please see page 10 of the Market Analysis- You can note the higher priced sale in November on French Street in Breckenridge. Also, a Crystal Peak Lodge property was the highest PPSF at $904. There were no bank sales in November. 
  • Foreclosures: Actions were down with 2 in November, compared to 6 in November 2016. There have been a total of 43 Foreclosure actions YTD.
  • Purchaser Profile Abstract:  There were 27 upper end sales in November. Our buyers for real estate transactions in November were Front Range demographic at 43% of our market, 29% are “local” and 28% are out of state buyers with 0% International. 
  • Land Title New Development Summary: This (page 16) shows all the new construction each month, there were 22 in November compared to 33 in October.

The Happiest Companies To Work For In 2018 – Forbes

I would support these findings from Forbes. Grateful for the backing of such a great company, Keller Williams!

The Happiest Companies To Work For In 2018

I cover leadership, management and careers

Companies that keep employees happy aren’t just helping their workers—they’re helping themselves, since satisfied workers are more productive. In fact, a mutual fund that invests in companies with positive workplace ratings, Parnassus Endeavor, has beaten the market handily over the past 10 years.

What are the organizations with the happiest employees? Careers site CareerBliss launched its eighth-annual list of the happiest companies in America. It surveyed tens of thousands of workers and asked them to rate their employers on ten key factors, such as their relationship with management, workplace environment, compensation, satisfaction with job function and growth opportunities.

To see the top 10 happiest companies to work for, open the gallery below. For the full list of 50, see the end of this article.

Keller Williams Realty takes the top spot. The Austin, Texas company has 175,000 agents across more than 900 metro areas and claims to be the world’s largest real estate franchise by agent count. A Keller Williams Realty employee wrote on, “One of the greatest benefits is how our company promotes from within. All employees are encouraged and supported to be in control of their growth and career paths.”

Sneaker king Nike ranks second. It remains one of the most valuable brands in the world, and it’s navigating a big transition as more consumers shop online. In June it announced its “NIKE Direct” initiative—the company is trying to sell more of its products directly to consumers through its website and own stores, rather than rely on traditional retailers like Foot Locker.

Adobe is the fourth happiest company, according to CareerBliss. The Silicon Valley tech giant invented PDFs and launched them 1993. It claims PDFs have led to a 91% reduction in environmental impact and 90% cost savings when compared with paper-based processes. And Adobe’s Photoshop software is used by 90% of creative professionals. “The atmosphere is highly collaborative and energizing. People have always been friendly and helpful; very professional,” wrote one employee on

Pharmaceutical giant Amgen ranks fifth. Arthritis drug Enbrel is its top-selling product, bringing in nearly $6 billion in sales last year. “The work-life balance is great, fantastic daycare on campus, lots of smart co-workers,” wrote one CareerBliss reviewer. “Working for Amgen was very rewarding to see the positive impact we made in patients’ lives,” reported a West Coast employee.

Full List: The Happiest Companies to Work for in 2018

  1. Keller Williams Realty
  2. Nike
  3. Total Quality Logistics
  4. Adobe
  5. Amgen
  6. Chevron
  7. Intuit
  8. Bristol-Myers Squibb
  9. PNC Financial Services Group
  10. TruGreen
  11. CIGNA
  12. Starbucks
  13. Apple
  14. Quicken Loans
  15. Leidos
  16. Qualcomm
  17. iGATE
  18. The Vanguard Group
  19. Citrix Systems
  20. Kaiser Permanente
  21. Chase
  22. Pfizer
  23. Fidelity Investments
  24. American Income Life Insurance Company
  25. Blue Cross Blue Shield Association
  26. American Express
  27. GE Capital
  28. Merck
  29. American Airlines
  30. Microsoft
  31. Cisco Systems
  32. Nordstrom
  33. Exxon Mobil
  34. Alcatel-Lucent
  35. CenturyLink
  36. Bank of America
  37. The Walt Disney Company
  38. Wells Fargo
  39. Oracle
  40. Citigroup
  41. Broadcom
  42. Farmers Insurance Group of Companies
  43. DirecTV
  44. Dell
  45. Symantec
  46. Metropolitan Life Insurance Company
  47. ABC News
  48. CareFusion
  49. Spectrum
  50. Verizon Communications

Keller Williams Surpasses $1 Billon in Profit Share to Associates

Keller Williams Surpasses $1 Billon in Profit Share to Associates

Profit share is one way in which Keller Williams Realty exemplifies the principle of success through others. Each month, market centers share roughly half of their profits with the agents who helped grow the market center and make it profitable. But in order for there to be profit share, there must first be success.

Since the inception of the , KW has distributed more than $1 billion to associates who have helped the company grow!

And, thanks to the company’s recent growth and agent production gains, it has distributed more profit share in the past four years than in the preceding 21 years combined.

“As a company, we’re motivated by helping people fund their lives and create opportunities,” CEO John Davis says. “Giving back is part of our culture. Profit share allows our people to earn passive income for life so they can pay for their kids’ education, take care of their parents, and invest for the future.”

The historic achievement comes as Keller Williams is closing in on its most successful profit share year yet. Through the first 10 months of the year, KW has shared $151.9 million with associates in the United States and Canada, an increase of 14.1 percent compared with the same period in 2016. (Keller Williams associates outside of the United States and Canada participate in a similar program called “growth share.”)

Individual Keller Williams market center owners share roughly 50 percent of their office’s monthly profits with associates who have helped the business grow. As of Oct. 31, 98 percent of Keller Williams market centers were profitable for the year. Moreover, a record four market centers had already distributed $1 million or more this year. There are also individual agents who have received seven-figure distributions.

In the six years since Keller Williams launched its companywide Growth Initiative, profit share payouts have grown substantially:

  • $154.4 million in 2016
  • $129.8 million in 2015
  • $98.1 million in 2014
  • $78.2 million in 2013
  • $55.3 million in 2012
  • $38.3 million in 2011

Keller Williams Co-Founder and Chairman Gary Keller and early company leaders created the profit share program to ensure the goals of KW owners and agents remain permanently aligned. Innumerable lives have been changed as a result.

“Profit share saved my life.”

Dawn Braithwaite, a top-producing agent out of Ridgewood, N.J., credits the profit share program for saving her life. After a bad fall, Braithwaite sustained severe injuries to her wrist and within 24 hours learned she needed surgery. Her heart sank as her insurance company told her the surgery would not be covered.

“I just got divorced and was trying to pay all my bills,” Braithwaite says. “There was no way I could afford it. I didn’t know what to do.” After meeting with her doctor early in the week, she learned her only options would be to negotiate the price of the surgery down or have it performed by medical students at another clinic on the other side of town. But even at a discounted rate, the surgery was out of her price range.

She canceled her surgery and resigned herself to being stuck until she received an unexpected message in her inbox.

“On Thursday, I opened my email and saw that my profit share check had been deposited,” she says. “I couldn’t believe it!” Stunned and relieved, Braithwaite contacted her doctor right away and was in surgery the following day. It ended up being the surgery that saved her life.

“What should have taken an hour ended up taking two and a half,” Braithwaite explains. “It was a complicated operation because the doctors found that I had severed an artery and nerves. I could have bled to death. If profit share hadn’t come in, I don’t know what I would have done.”

“With profit share, our opportunities to give are so much greater.”

Linda McKissack.pngLinda McKissack, Keller Williams’ number one profit share earner, calls the program “the greatest gift we’ve been given.” Since becoming purposeful about profit share in 2007, McKissack has built a significant business and teaches agents how they can fund their lives long after their last deal is finished.

While McKissack has enjoyed the money, “the real gift is significance,” she comments. “It changes people’s lives.”

She has seen the impact firsthand with her family.

“My son-in-law was sick for 10 and a half months with terminal cancer,” McKissack shares. “My husband and I only worked three weeks during that time because money was coming in passively. Helping him fulfill his life wishes and being with my daughter, granddaughter and family – it was priceless. If you have profit share covering your expenses, you have freedom. You never know what’s on your horizon.”

“It allows me to be free. I will pass it along to my children.”

Since profit share is willable, agents are able to leave a lasting legacy for years to come. When Charles Bowles – a Keller Williams agent from Tulsa, Okla., and a significant profit share earner – died, Steve Whitaker was astonished to learn he had been included in his will.

“We were good friends and I helped take care of him during the last few years of his life,” Whitaker explains. “When he passed, he left everything to me, including profit share. I was able to take the proceeds and build my own house with it.”

Today, Whitaker is thriving in Oklahoma and owns a waste-removal company called Git-Er-Gone along with numerous properties. He partners with many Keller Williams agents in the area to remove unwanted items from homes. The monthly income from profit share “allows me to be free,” he says. “I don’t have to work as hard as I would.”

Just as Bowles paid his profit share forward, Whitaker plans on willing his profit share to his children so they can benefit from him. “I will put it in a trust so they can continue to take care of the properties we own.”

Article Link

Market Stats update from The Skinner Team

Anne and Molly go over some of the interesting market stats for October in the Summit County area in this market update video:   

Denver Post: CO Residential Vacancy Rate Fourth Lowest in Nation

Denver is just down the hill, and it’s housing situation and prosperity is helping push Summit County’s market further along. 

Colorado residential vacancy rate fourth lowest in the nation, report says
Douglas County, Fort Collins among lowest vacancy rates for counties, metro areas



It is definitely not your imagination. The market for available housing is wisp-thin in Colorado, recent data says.

Despite some communities along the Front Range seeing vacancy rates that rank among the lowest in the country, the good news for home-seekers is that same data suggests the Denver metro market may be loosening up some.

Colorado is tied for fourth lowest residential vacancy in the country, according to a national report released last week.

Just 0.69 percent of residential properties in the state have no one living in them. That blows away the national rate of 1.58 percent, and ties North Dakota for fourth lowest mark in the country. Colorado trails only New Hampshire (0.42 percent), Vermont (0.39) and South Dakota (0.25) when it comes to residential vacancy statewide, according to the numbers.

The report was put together by Attom Data Solutions, an Irvine, Calif.-based property data firm that claims to curate the nation’s largest multi-source property database. The report was put together by analyzing public tax, deed, mortgage and foreclosure data and comparing it to monthly U.S. Postal Service updates on vacant property. The report looked only at properties with one to four residential units on them, leaving out large multi-family projects and apartment buildings.

Colorado’s vacancy rate is essentially flat when compared to the same time last year. The market is more competitive than it was at the end of the third quarter of 2015 when the vacancy rate was 0.9 percent. There were 14,230 unoccupied residential properties then. There are 11,311 now.

Attom’s numbers suggest a slight softening of the residential market in the Denver metro area. Vacancy rates in the Denver-Aurora-Lakewood metropolitan statistical area rose to 0.6 percent this year, 1/10th of a point higher than in the third quarter of 2016.

Zooming in, Douglas County was found to have the second lowest vacancy rate of U.S. counties without at least 50,000 residential properties in them. That’s 405 counties in total. Douglas County’s minuscule 0.1 percent rate was outdone only by Loudon County, Va., a Washington D.C. suburb, the report says.

Fort Collins is sporting 0.24 percent vacancy, one of only two metro areas of at least 100,000 residential properties in the country with a rate that low. The other is San Jose, Calif. located in the heart of Silicon Valley.