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Showing posts from November, 2012

Local Real Estate Activity: October 2012 vs. October 2011

October 2012 Breckenridge Residential Sales Breckenridge sales included 20 Single Family Residences, 5 Duplexes, 32 Condos and 4 Townhomes for a total of 61 transactions for the month.  Summit/Park County Residential Sales Summit and Park County sales included 60 Single Family Residences, 13 Duplexes, 101 Condos and 16 Townhomes for a total of 190 transactions for the month.  October 2011 Breckenridge Residential Sales Breckenridge sales included 20 Single Family Residences, 3 Duplexes, 18 Condos and 8 Townhomes for a total of 49 monthly transactions. Summit/Park County Residential Sales Summit and Park County sales included 53 Single Family Residences, 12 Duplexes, 55 Condos and 20 Townhomes for a total of 140 monthly transactions. Please contact your Broker at Breckenridge Associates Real Estate to learn more about the incredible opportunities available today in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news a

Secret Stash - Breck Snowflake Challenge Returns December 7-14

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UPDATE: This event has been postponed. Please check back for dates in February or March. The 5th annual Breck Snowflake Challenge brings snow sculpting back to its roots and onto the streets of downtown Breckenridge again this December. It's a fun kick-off and warm-up to the International Snow Sculpting Championships event in January. Sculpting sites throughout Main Street and downtown Breckenridge truly come to life over the course of the competition with amazing creations, adding to the beauty and surroundings of our perfect mountain town.    The Breck Snowflake Challenge is produced by Breckenridge Associates Real Estate and the founders of Breckenridge’s International Snow Sculpture Championships as a means to develop a new generation of snow artists. This is a grassroots movement to truly showcase the work of Summit County locals. Three of the artists competing in past Breck Snowflake Challenges have gone on to be members of "Team Breck" at the International Snow

Window Of Opportunity - Real Estate Sales Increase In 2012

Fannie Mae’s economists expect home sales to increase approximately 9 percent this year from last year’s levels. Their team of experts believe home prices hit bottom earlier this year. They state, record low mortgage rates and the Federal Reserve’s latest round of mortgage backed security purchases combined with current pricing will likely bring more buyers into the housing market.   Nationwide, they’re expecting sales will round out at 4.98 million this year and increase to 5.19 million units next year (for the first time in years). Fannie Mae’s team is estimating a rise of 2.9% in prices.   Locally, we’ve experienced year over year sales growth in Breckenridge as well as the Summit and Park County markets. Breckenridge has grown 10% in residential real estate sales over last year through October and Summit and Park County has experienced 18% growth. Now is the time to buy real estate! Are you interested in learning more about real estate opportunities in Breckenridge, Sum

Breckenridge's Top 5 Real Estate Deals: November 2012

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Winter is here with all of Summit County ski resorts welcoming the start of ski season. Breckenridge opened this past weekend, and Keystone, A Basin, Copper and Loveland have their lifts churning for the winter too. Bring on the snow! If you are considering spending more time in the mountains this ski season by purchasing a home in Breckenridge, Summit or Park County, now is the time to buy. Call Breckenridge your home this winter. And, now for our Top 5 Real Estate Deals for November 2012. 1.) Whitewolf Unit 25, Breckenridge  This townhome is located just below the base of Breckenridge Ski Resort's Peak 8 and adjacent to the Breckenridge Nordic Ski Center. On the bus route with easy access to town and the slopes. The owners bought the home for $825,000 in 2007 and subsequently spent over $150,000 on upgrades including a second garage addition. $749,000                         Whitewolf Unit 25, Breckenridge 2.) Los Pinos Unit B11, Breckenridge Our second pro

Warren Buffett Just Made Another Huge Bet On The U.S. Housing Market

This past spring, we reported on a bet the legendary investor, Warren Buffett, made on the U.S. Housing Market. In the article,  Buffett stated he would buy up a million homes if possible .  He voiced his confidence in housing coming back and addressed positive shifts in real estate. Now, continuing to show his faith in the US Housing Market, Buffett has been buying up real estate brokerages around the country. Along with partner Brookfield Asset Management, Berkshire Hathaway HomeServices is a new franchise brand in residential real estate. A press release says the brokerages that will make up the new company did a combined $72 billion in sales in 2011.   Buffett has been public about his bullish housing call for a while as he's built his residential real-estate brokerage business, but this is a big addition. Read the full Business Insider article here. Now is the time to buy real estate! Are you interested in learning more about real estate opportunities in Brecken