Happy Halloween! This day is a big event here in Salida with the usual ghosts and goblins along with some very creative costumes. While I’m waiting for the first of the little ones to “trick or treat” at my front door, I found an interesting statistic. Comparing 2006 from January 1 through September 30, to the same time frame in 2007, property values in Salida have increased a healthy 7.5%! Mountain towns will always have an appeal, I believe, and interest rates and the secondary mortgage market demise did not have a significant effect on us. I’ll keep watching this and will report year end stats in early 2008.
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