September another record month for real estate

"Sept. another record month for real estate"

In an article in the Summit Daily News, October 26, 2005, reporter Duffy Hayes writes: "Real estate buyers and sellers were busy setting another record for the month of September, maintaining the momentum built up by the local real estate market over the past few months."

The article goes on to state that transactions reached an all-time high of 445 actual recorded deeds. This follows a record-setting month of August. "More people are investing in real estate versus the stock market" the report states, "and they're trying to buy in before interest rates go back up."

Breckenridge was the hottest market in Summit County. "Looking at year-to-date data, Summit County is poised to surpass the lofty real estate totals for last year. Through September, total real estate sales volume is up 133 percent over last year, and transactions are up 128 percent..."