Breckenridge Associates Real Estate

Team Breckenridge Sculpture about Fun

2012-01-29T15:26:00.002-07:00

The Team Breckenridge snow sculpture, pictured on the left, is called "Fun Every Time Around." The team captain is Keith Martin, who says he can see the figures in the snow before he carves them. Martin and two of the other team members, Tim West and Margo Jerkovit, got started in snow sculpture through the Snowflake Competition, which is now in its fourth year. The fourth member of the team was Breckenridge Associates realtor, and veteran snow sculptor, Tom Day.

Sculptors Done; Photographers Take Over

2012-01-28T14:33:00.000-07:00

The final gun sounded at 10 a.m. on the 22nd annual International Sculpture Competition, today. The intensity of the past four days: people and tools of all stripes working on the snow, crawling all over 10-foot x 10-foot blocks has transformed into mobs of people streaming by the 15 finished sculptures that sit cordoned over like works in a museum.

Last night many teams working through the night to finish. Team Breckenridge hosted by Breckenridge Associates Real Estate had finished the structure of the carosel, and was working on detailing the horses and adding jewels to the crown. "We only stayed out until two," said Tom Day, a Breck. Associates realtor working on the sculpture. Tom was not being facetious. He remembers many years when the team worked all night.

One team working late last night was not in the official competitors. They were finishing the sculpture for one of the sponsors, Cadillac, and making it a piece that will be climbed. These guys are some of Tom's old teammates, and the founding fathers of the Breckenridge event, Rob Neyland and Ron Sheldon. They're also partners in Breckenridge Associates Real Estate.

Snow sculpting is a lot of work, but although these guys have day jobs, they can stay away. If you want to hear more of the story, Yahoo News was in town this week and they're putting togehter a story about Rob for Second Act:a Webby Award-winning series about real stories celebrating life, passion and reinvention.

Today, the tools are all put away, and viewers with their cameras are all over the site, keeping a good distance. The judging took place this morning, and the sculptors are probably getting some rest, while everyone waits -- until tomorrow at 3:45 p.m. -- for the results.

Snow Sculptures Begin in Breck

2012-01-24T19:25:00.002-07:00

Lined up at the Riverwalk Center like marble outside the quarry at Carrara, the 15 blocks of snow stand ready for the beginning of the 22nd Annual International Snow Sculpture Competition, today. About 12 feet tall, 10 feet long and wide, the blocks give sculptors the opportunity to make something big, with a lot less effort than carving marble.

Fifteen teams have arrived to make sculpture. This morning, each team selected a block and attempted to claim it in the shotgun start at 11 a.m.

Although the snow looks very similar at this point, like stone, each block has different qualities depending on the composition and the temperature of the layers as it was being formed. Breckenridge uses only man-made snow, so there are very few impurities. But ice chunks and badly compacted areas can occur. And like stone, some are on the inside and can’t be seen until a sculptor gets to them. So, each team makes its best guess from the exposed surface.

A stone carver doesn’t have to consider exposure, but snow sculptors do. Picking a block that is protected from wind, or will get the least sun, is particularly important if the design has many thin or delicate sections. But the team will also consider which site can best show off the finished piece.

The final presentation is also a concern after each team has claimed its block. Before any of the four team members start cutting the snow, experienced sculptors will consider the orientation of their concept inside the four walls that face them. Once that’s decided, the heavy work begins.

Removing snow is what the first day is all about. And the second day, too. By the end of Wednesday, the blocks will look very different from one another, but they probably won’t look like much. On Saturday, when finished sculptures stand where blocks were, it will be hard to remember how rough they all looked.

Bonfire Comes Back in Town

2012-01-11T16:55:00.000-07:00

UllrFest 2012 is new and improved.

Tomorrow, Thursday, is the parade and following it will be the return of the bonfire. For many years, safety concerns prevented the town from having the big outdoor fire that had been a fixture of the fest. But this year, the fire is back in Ullr. After the Ullr floats parade from north to south down Main Street they will circle back to the start and over to the Gondola parking lot where the bonfire will be lit. The exact location is the southeast corner of this lot, or directly behind Breckenridge Town Hall.

For those who remember the old days, there will be no throwing of skis into the bonfire! We're green now. Skis, and many other things that were historically thrown into the fire, do not burn cleanly.

New to the 2012 event, was a coronation party held Monday at Main Street Station. Jan and Eric Degeberg are the reigning King and Queen of Ullr.

Ullympics were held for the first time on the Riverwalk Lawn, Tuesday evening. With the use of outdoor heaters and having the Riverwalk open as a big warming hut, this event drew a full roster of competing teams and an enthusiastic audience.

Tonight, the Dating Game returns in old-school fashion to Cecilia's beginning at 8 p.m. Friday night, Phil Palisoul and Eugene Kenny will be performing stand-up comedy at Beaver Run Resort. Tickets at $35 at the door.

Ullr Fest 2012

2012-01-10T19:49:00.001-07:00

For decades Breckenridge has been in the myth-making business – creating greatly memorable vacations, fantasy-good lifestyles for locals and loose-yourself getaways for seasonal inhabitants. Never is this myth making more apparent than in January when, giddy with leftover holiday cheer, the town puts on another installment of the pageant of Ullr.

For 49 years, we’ve pretended Ullr Fest was some kind of ancient ritual from the nebulous old country and Ullr was the Norse god of snow.

Not that we adore false idols here. We simply know we’re crazy to be living in a place where snow can pile up so high it meets the snow sliding from the roof. We need a winter festival that’s just for fun.

So, our legend of Ullr is a complete fabrication created by ski-town hippies and members of the Breckenridge Resort Chamber, who began spinning this myth way back in the 60s. Every January, the myth gets magnified and confabulated, possibly aided by spirits. Spirits of the kind that are usually found in mugs and flasks, we carry around to warm our winterized blood while we crown kings and queens of Ullr, have skating and skiing parties, play silly games, make bonfires and watch the parade.

We flock to Main Street to chant Ullr! Ullr! from under the horns of our Viking costumes. Ullr! Ullr! we repeat stomping our bundled arms and legs as we wait curbside for this year’s mythology to roll down the street on flatbeds. Will we see the return of the Synchronized Waxing Team, or the Lost Snow Mine and the Rabid Powder Seekers or the Train to Debauchery? Almost certainly there will be under-clothed, winter-dwellers ski jumping off the back of a truck parading down Main Street and ridiculous plays on words like “Don’t Ask; Don’t Tele.

When you Google Ullr, there’s the wiki stuff about Norse mythology, with several spellings and references to a minor god, hardly mentioned in old literature. A god of winter, archery, the hunt, and several similarities to our Ullr: a great physical character, a multi-dimensional athlete, devotee of skis and snowshoes. Some legends say he taught everyone to ski.

After Wikipedia comes our Ullr; our ski-town mythology is No. 2 in Google. And every January, you can hear parents tucking in their children at night, saying … Long, long ago, way back in the ’60s, the folks who lived here longed for a winter festival to stave off the cabin fever, to show we can stay up past Happy Hour, and they created Ullr. Across the white land, you could hear people cry Ullr! Ullr …

2012 Events :
Sunday, January 8:

Skate with Ullr at the Breckenridge Ice Rink, 1-3 p.m.

Monday, January 9:

Nordic Party & Bonfire at Main Street Station. Crowning of the Ullr King and Queen. 5:30-9 p.m.

Tuesday, January 10:

Ullympics on the Riverwalk Lawn. Teams compete in silly events for prize fun and prizes. 6-8 p.m.

Wednesday, January 11:

Ullr’s version of the old school Dating Game, hosted by KSMT, starts 8 p.m. at Cecilia’s

Thursday, January 12:

Ullr Parade and Bonfire. Main St from Ski Hill Road to South Ridge beginning at about 4:30 p.m. Bonfire following the parade in the south Gondola parking lot until about 7 p.m.

Friday, January 13:

Comedy Night. 7 p.m.

Window Of Opportunity - Market Snapshot

2012-01-07T21:00:00.002-07:00

A quick look at the statistics available for 2011 indicates there were a lot more Buyers taking advantage of low prices and even lower interest rates than in 2010. Sales of Summit County Single Family Homes in 2011 outpaced sales in 2010 by approximately 14%. In Breckenridge, area Home Sales were up for the year a whopping 32%. Sales of Condominiums in Summit County in 2011 were up an impressive 8% in number of transactions for the year. In Breckenridge, 2011 Condo sales increased 7% over sales in 2010.

These are all positive indicators of the demand for property in Summit County. On the supply side we are seeing a decrease in the numbers of Available Inventory in all categories. Listings of Condominiums in Breckenridge are currently about 25% below the number of offerings at this time a year ago. And homes are about even.

Reflecting a trend now seen across the country, there was a large percentage of transactions that were all cash. Investors are opting to park their cash in real estate. And, while loans are available on all properties in Summit County, no loans were utilized for approximately 38% - 40% of all transactions in Summit County in 2011. 30% involved loans with a 50% or lower Loan-To-Value (LTV) ratio. The balance of the transactions involved financing more typical to the primary residents’ metro markets with an 80-90% LTV ratio.

The low number of high-leverage deals adds an even stronger underpinning to the Summit County market. These owners will not be under pressure to sell due to the burden of mortgage payments. With Colorado’s low tax rate and affordable utility bills, these properties can be utilized by the owners, their friends and relatives throughout the year and play a part in the owner’s investment portfolio. For those who opt to rent their properties to visitors to the area, the financial benefits can be even greater.

Now is the time to buy real estate in Breckenridge. Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

*Written by: Ron Shelton, Broker/Partner. Source: MLS Stats pulled January 5, 2012.

Mortgage Rates at “Historic Lows”, “60 Year Lows” & “40 Year Lows”

2012-01-07T20:59:00.024-07:00

Whatever the headline reads we can all agree that mortgage rates are really low. The benefit of these low rates to Real Estate Buyers can be substantial. The difference between a rate of 4% and 5% on a 30 year mortgage loan of $600,000 can amount to $128,000 over the life of the loan, or $350 each month.

If you are waiting for the Real Estate market to drop another 1% or 2% before you buy, consider the following. If rates go up just ½% you will possibly pay $15,000 less for that $750,000 house and end up paying $63,000 more in interest over the life of the loan.

You may have heard that the Federal Reserve has promised to keep rates low until the middle of 2013. The problem is that they can and do change their mind if the economic outlook changes. In addition, the Federal Reserve controls short term rates not mortgage rates. Don’t be misled into believing that mortgage rates will stay this low for the next 18 months. There is no guarantee that rates will stay this low. Now is the time to take advantage of fantastically low mortgage rates and save for years to come.

Even cash Buyers should consider financing a portion of their purchase price. With 15 year fixed rate loans below 3.5%, it is possible to invest this loan money and actually make more than your cost of 3.5%. While some will prefer the comfort of knowing their home is paid for, time should show that borrowing money for 15 years at 3.5% was a profitable decision for most.

Kevin Berkley is a CPA and Mortgage Loan officer with Colorado State Bank and Trust in Breckenridge.

Now is the time to buy real estate in Breckenridge. Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Breckenridge's Top 5 Real Estate Deals - January 2012

2012-01-07T20:59:00.023-07:00

Happy New Year and thank you for joining us for another edition of our Top 5 Best Real Estate Deals in Breckenridge! The holidays have been beautiful and mostly warm with a little snow and lots of sunshine. There are some great events coming up in the next few weeks including Ullr Fest and the International Snow Sculpting Championships. Be sure to check out our Events Calendar for the latest winter events in Breckenridge and Summit County.

For January, we're counting down the Top 5 Real Estate Deals as we jump into the new year. Here we go.

5.) 242 Goldenview Drive & 1226 Forest Hills Drive, Breckenridge

Our #5 pick is going to be vacant land in general with 2 specific properties that really stand out. Vacant land has been one of the hardest hit aspects of our market in the last few years. With all of the existing homes available at incredible pricing new construction has really dropped. The good news is that means you can buy a vacant lot today for a fraction of historic prices and build your dream home! In particular, 242 Goldenview Drive and 1226 Forest Hills Drive stand out. Both offer HUGE ski area views and easy access. 242 Goldenview is located on the bus route, adjacent to National Forest with live water on the property. Additionally, the lot is owned by a local reputable builder who already has plans in place and will offer an even better deal if a Buyer contracts him to build for them. Currently listed at $239,000, comparable lots in this neighborhood have sold as high as $375,000 in 2007 and more recently in 2011 for $241,800. 1226 Forest Hills borders a Forest Service parcel and is located just 2 miles north of town. On a newly paved road, lots in this area have sold for as much as $342,000 in 2008. This lot is listed at just $180,000!

242 Goldenview Drive, Breckenridge - $239,000

1226 Forest Hills Drive, Breckenridge - $180,000

4.) Main Street Station, Breckenridge

Our #4 pick is a 2 bedroom condominium at Main Street Station. Main Street Station is an amenity rich complex on the south end of Breckenridge just a few minute walk to the Quicksilver Lift at the base of Peak 9. With an Olympic pool and 6 hot tubs available to renters and owners as well as a well outfitted fitness room and most importantly ski/bike and golf storage as well as a front desk and concierge service, Main Street Station offers something for everyone. This unit is located in the west building overlooking the plaza where you will be able to enjoy all the activities held there - concerts, a farmers market, a film festival and more. Comparable 2 bedroom units have sold as high as $675,000 in 2006. This unit is listed at just $570,000.

Main Street Station, Breckenridge - $570,000

3.) Main Street Station, Breckenridge
The #3 pick is also in Main Street Station, but is a 1 bedroom unit in the east building. This unit is listed $369,000 with the next available 1 bedroom listed at $450,000! 1 bedrooms in Main Street Station have sold for as much as $525,000 in 2007. With strong rental income and good views, this unit really stands out.

Main Street Station, Breckenridge - $369,000

2.) The Pines At 4 O'Clock, Breckenridge

Our #2 pick is a 3 bedroom, 4 bath townhome in The Pines At 4 O’Clock. With easy and direct access to the 4 O’Clock Ski Run, these units offer some of the best ski access available in units of this type. Also close to the bus route for a quick ride to downtown Breckenridge, this location offers the best of both worlds - ski access and in town living. Priced at $948,500. Comparable units sold for as much as $1.2 million in 2009 and we haven’t seen a list price here under $1 million since 2005! This will not last long.

The Pines At 4 O'Clock, Breckenridge - $948,500

1.) 445 Davenport Loop, Breckenridge

And...our #1 pick…wait for it….wait for it…located off Tiger Road in the Gilrose Subdivision on over 2.5 acres with Swan River frontage! This is an incredibly unique home with HUGE log construction, expansive use of stone through out and tons of space for your friends and family. Listed at $999,999 for 6,437 square feet, this home is irreplaceable at a list price of just $155 per square foot. Don’t miss the chance to be the proud owner of this cool property.

445 Davenport Loop, Breckenridge - $999,999

That wraps up this month’s Top 5 Hot List. For more information on these or any other great deals, be sure to contact your Breckenridge Associates Broker. On behalf of all the partners of Breckenridge Associates Real Estate, we wish you a joyful and prosperous 2012!

Secret Stash - 2012 International Snow Sculpture Championships

2012-01-07T20:59:00.022-07:00

January 24 marks the return of the annual and much anticipated International Snow Sculpture Championships (ISSC). Artists will spend 65 hours carving 20-ton blocks of snow into awe-inspiring masterpieces. Snow sculptors from around the globe will make Breckenridge their home during the event, taking place January 24-February 5, 2012. The competitive field is made up of 15 teams this year and the talent pool of sculptors will be exceptional as most every team has medaled in competition before.

The International Snow Sculpture Championships will again be cast under a LED-lighting display as introduced last year, illuminating the sculptures and giving a different perspective to the event. We highly recommend checking out the snow sculptures in the evenings throughout the event for the opportunity to see the creations in this beautiful display of light.

Sculptors "live" in the area around the Riverwalk Center grounds at 150 West Adams Avenue, Breckenridge. Artists sculpt from Tuesday, January 24 at 11:00am until Saturday, January 28 at 10am and spectators are welcome each day throughout the event. Judging is at 10am on Saturday, January 28. The awards ceremony is at 3:30pm on Sunday, January 29 and sculptures will remain standing *weather permitting* until the night of Sunday, February 5, 2012 (until approx. 11pm). Budweiser and Cadillac are the signature sponsors this year.

The International Snow Sculpture Championships is especially close to the hearts of all of us at Breckenridge Associates Real Estate. Two of our Partner/Brokers, Rob Neyland and Ron Shelton were among the event's original founders. Rob and Ron along with Partner, Tom Day have been key in the ISSC's success from its inception. With many years of snow sculpting under their belts, they have most recently created and produced the Breck Snowflake Challenge (just wrapped its 4th year running), a fun locals' snow sculpting competition taking place each December. The event serves to nurture and develop a whole new pool of local snow sculpting talent in hopes of elevating the local playing field in the ISSC event each January. Last year, Team Breck made its debut in the Breck Snowflake Challenge in December and later landed a Bronze medal in the January International Snow Sculpture Championships.

Get the complete 2012 International Snow Sculpture Championships Schedule here.

Now is the time to buy real estate in Breckenridge. Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Breck Snowflake Challenge - Photos & Results

2012-01-07T20:59:00.020-07:00

The 4th Annual Breck Snowflake Challenge Amateur Snow Sculpture Competition in Breckenridge was a huge success. This event saw 17 local teams haul in their own snow and create amazing works of snow art up and down Main Street. After a week of hard work and fun, the top artists were awarded nearly $3,500 in cash combined.

Winning Teams for the 4th Annual Breck Snowflake Challenge:

1st = $1,500 Team Gravy Train

2nd = $1,000 Team Wagner Designs

3rd = $500 Team Snow Caps at Paragon Lodging

4th = $250 Team Fatty's

2 Honorable Mention Prizes, $100 each - Team CrossFit Breckenridge and Team Ready, Paint, Fire.

These Honorable Mention Prizes were last minute prizes pledged by Breckenridge Associates Real Estate ($100) and by the 3 event judges: Ken Miller, Gary Soles, and Greg Gutzski ($100) to honor two teams who demonstrated exceptional effort.

A highlight of the contest was the back story of the 1st Place Winning Team, Team Gravy Train. The team participated in the Breck Snowflake Challenge with the sole plan of winning and donating all of their prize money to their friend Bennett Bacon. Bennett (along with the members of Team Gravy Train) is a snowcat operator at Breckenridge Ski Resort. He recently sustained injuries from hitting a tree on the mountain while snowboarding. Team Gravy Train really came through for their friend. With 95 hours of creativity and hard work on their sculpture, they walked away with the Grand Prize of $1,500 and gave it to Bennett to put toward paying his medical bills from the accident. Summit Daily News featured a story on Team Gravy Train and the team's giving spirit. As producers and sponsors of this fun, home town event, we take great pride in the creativity, dedication and especially the giving nature of Team Gravy Team! Way to come out on top and demonstrate such compassion and care for your friend in need. You are true winners and a great example for all!

The well-known signature Breckenridge snow sculpting event, the International Snow Sculpture Championships (ISSC) return to town later this month. Last year "Team Breck", a local team nurtured through the Breck Snowflake Challenge event, brought home the Bronze medal. What an honor. We can't wait to be a part of the 22nd year of the ISSC in Breckenridge.

Breck Snowflake Challenge Photos:

Team Kenosha Steakhouse

Team Main Street Outlet

Team Mi Casa

Team Ready, Paint, Fire (Honorable Mention)

Team Snow Caps - Paragon Lodging (3rd Place)

Team Starbucks

Team Summit Monkeys

Team CrossFit (Honorable Mention)

Team Fattys (4th Place)

Team Gravy Train (1st Place)

Team Wagner Designs (2nd Place)

Team WoodZWayz

Here are a few quotes overheard from the judges:

"Very impressed by the effort and creativity this year. Teams had to work extra hard and be committed to the idea due to a lack of snow on Main Street." -Ken Miller

"It's amazing! How talented!"

"The best pieces were really finished, polished with clean, crisp lines."

"Some of the sculptures were so detailed! So unique!"

"The amount of snow these teams brought in was impressive."

"It takes a cool idea that has been well executed to place in the top 4."

"To be really success, you need a completed piece with a high level of dedication that the audience can relate to."

Proudly Sponsored by: Breckenridge Associates Real Estate, The Breckenridge Resort Chamber, Coors Tap the Rockies, The Summit Daily News, and KSMT Radio

Now is the time to buy real estate in Breckenridge. Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Breck Snowflake Challenge Is Underway

2011-12-12T22:21:00.003-07:00

The Annual Breck Snowflake Challenge is underway and while we don't have pictures yet to share for this year's event - since it's just getting going - we can share some in-progress photos below from a previous year's contest. (We'll post photos of completed snow sculptures and the winning teams in our January ENewsletter.) We are always impressed with the sculptures our local talent brings to the table. Take the time to stroll Main Street later this week and cheer on the snow artists as they tackle the elements to create their own snow art masterpieces.

Last year's record early season snowstorms helped create the perfect canvas for the sculptors, while this year the artists have to work a little harder to find large amounts of snow. It's all part of the challenge and fun and we're sure our sculptors will not disappoint. If you can't stroll through town this week (finished sculptures will be completed and judged on December 16), be sure to check back here next month to see the Snowflake Challenge results. A $1,500 cash purse will be awarded for 1st place and there are cash prizes through 4th place.

The Breckenridge Snowflake Challenge, December 9-16, (not to be confused with the International Snow Sculpture Championships, ISSC, Jan. 24-28, 2012) 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. Last year's Breck Snowflake Challenge winner's, Team Breck, went on to place 3rd in the ISSC.

The Snowflake Challenge is brought to you by Breckenridge Associates Real Estate in partnership with the Breckenridge Resort Chamber. Thank you to our sponsors, we couldn't do it without you - Coors Tap the Rockies, The Summit Daily News and KSMT/KCMV Radio.

2009's In Progress Breck Snowflake Challenge Photos - Courtesy of Timothy Faust.

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Breckenridge's Top 5 Real Estate Deals - December 2011

2011-12-12T21:23:00.013-07:00

It is an exciting time here in Breckenridge and Summit County as we enter the holiday season. The ski areas are open and we hope to see you out here enjoying the snow and the multitude of spectacular events lined up for the 2011-2012 ski season.

Ok, now onto what you are here for...the Top 5 Real Estate Deals for December 2011.

1.) 31 Long Ridge Drive, Breckenridge
These are no particular order and I am going to begin in the Highlands at Breckenridge and in particular a stunning single family home on Long Ridge Drive. This home sits on almost an acre of land and immediately adjacent to the Jack Nicklaus designed Breckenridge Golf Course. This location has always been highly sought after because of the spectacular uninterrupted views over the golf course to the Breckenridge Ski rea and sunsets over the Ten Mile Range. At over 5000 square feet with 4 bedrooms and 4 1/2 baths, this home is designed to enjoy the views from the hot tub on its huge deck or from in front of the fireplace through the picture windows in the great room. The average price per square foot for a home sold in this neighborhood in the last 12 months is $371/square foot. At $1,585,000, this home is priced well below that at $307/square foot - a deal!

31 Long Ridge Drive, Breckenridge - $1,585,000

2.) 30 White Wolf Townhome, Breckenridge
The second property on my list is a 4 bedroom, 3 1/2 bath White Wolf Townhome just a short distance from the base of Peak 8 Ski Area. A gorgeous, private setting that backs to the Breckenridge Nordic Center so you can literally cross country ski right onto your carpet! This bright and airy property has never been rented and has only had one careful owner. A downhill stroll would take you to the Main Street Breckenridge in about 15 minutes and the free shuttle service will take you home after dinner or shopping. That same free shuttle will take you to and from the ski area in about 60 seconds. The current owners have gathered their family here many times over the holidays. It sleeps 10 people comfortably, has a large deck and a private garage. The last sale of a 4 bedroom unit at White Wolf was $900,000 and the list price of this home is right there at $899,900.

White Wolf Townhome, Breckenridge - $899,900

3.) Beaver Run Resort, Breckenridge
Next on my list is a ski-in, ski-out deluxe studio at the always popular Beaver Run Resort. Known as one of the best ski-in, ski-out locations in Breckenridge, Beaver Run Resort has every amenity you could imagine from an indoor/outdoor swimming pool to tennis courts, hot tubs, restaurants and of course the beaver run high speed chairlift at the front door. This condo is priced at $255,900. The last two sales of this type at Beaver Run were about $10,000 above and below this price. What makes this condo stand out is the level of refurbishment undertaken by the current owners compared to its competition in either past sales or active listings. Beaver Run is currently mandating that all units in its rental pool be of a certain level of refurbishment and quality. This unit is already there unlike its competition, with a couple of small exceptions which the owner will complete prior to the upcoming deadline. So from the viewpoint of what is included here, this studio stands apart from its competition.

Beaver Run, Breckenridge - $255,900

4.) Single Family Home Above The Blue River
The fourth property is a large single family home set above the Blue River about 5 miles south of Breckenridge. It’s set on a sunny 1.4 acre lot on a quiet cul-de-sac with beautiful views across the valley to Red Mountain. This home is filled with light, bright spaces, 4 large bedrooms, vaulted ceilings and a 2-car garage. It is over 3,800 square feet and is priced at $649,000. The average price per square foot of a home sold in this neighborhood in the last 12 months was $220/square foot with some as high as $400/square foot. This home is priced at $168/square foot! It’s in great shape that all adds up to a very good deal!

Single Family Home Above The Blue River - $649,000

5.) The Corral at Breckenridge
Last and by no means least is a beautifully furnished 2 bedroom, 2 bath condo in the Corral at Breckenridge. The Corral is located at the south end of Main Street and is a short walk from the Quicksilver 6-Pack Chair Lift at the base of Peak 9 Ski Area. A one block stroll brings you to restaurants, shopping, and Breck’s famous night life. This condo has a spacious layout, beautiful views of the Breckenridge Ski Area and has a private hot tub on its walkout patio. The last two bedroom sales at the Corral were $460,000 and $435,000. With a recent price reduction, this condo is priced at $410,000 and at $100,000 below what the owner paid for it; it qualifies as an excellent deal for this level of quality.

Home Sales Increase Across the Country

2011-12-12T21:00:00.006-07:00

Colorado faired quite well in the 2011 3rd Quarter Housing Report, recently released by the National Association of Realtors. Combined sales of single family residences, condos and co-ops increased in every state! Colorado showed an increase of more than 20%. View overall 3rd quarter home sales increases below.

Source: KCM Blog
Home Sales Increase Across the Country

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Happy 50th Birthday Breckenridge Ski Resort

2011-12-12T20:19:00.006-07:00

December 16 marks Breckenridge Ski Resort's 50th Birthday! Happy Birthday to our favorite resort. We wish you a very snowy birthday and lots more snow in the season ahead. Thank you for making our days, weekends and winters so memorable - cheers to many more memories ahead.

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Window Of Opportunity - Why Now Is The Time To Buy In Breckenridge

2011-12-12T20:15:00.005-07:00

Real estate has gained a lot of momentum as of recently - locally, regionally and nationally. Not only has the Breckenridge Associates Real Estate office come off of a very busy and strong close to November 2011, but we've seen many positive signs of momentum continuing on regional and national levels as well. Low mortgage rates continue to encourage Buyers to act now. Seller's prices are competitive and Buyers can find their dream home in this market.

Locally, Breckenridge, Summit and Park County, 3rd Quarter sales transactions are up in the Breckenridge Associates Real Estate office by more than 50 percent to date in 2011, according to local MLS data. Breckenridge early winter/ski season bookings are also proving strong, another encouraging sign of a solid local economy.

Regionally, Colorado Home sales have shown a 20 percent increase for the 3rd Quarter of 2011, according to a recent report released for the 2011 3rd Quarter Home Sales by the National Association of Realtors. This same report showed National Home Sales have increased in every state for the 3rd quarter of 2011.

Now is the time to buy real estate in Breckenridge. Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Santa Claus Is Coming To...Breckenridge

2011-12-12T20:13:00.011-07:00

Everyone loves Santa and Santa's helpers too. That's why in the winter wonderland of Breckenridge, we gathered Santa and lots of his helpers together to kick off the holiday season with us. Along with town's Lighting of Breckenridge, a mad dash of Santas ensued down Main Street. It can only help with preparation for Christmas Eve, right? We had over 125 Santas participate and have the video to prove it. What a nice and jolly way to kick off the holidays!

Breckenridge's "Running of the Santas" Video:

In Breckenridge we're busy "decking the halls" in preparation for Santa's arrival and hope you're doing the same. What traditions do you share with your family for the holidays? A really fun resource for tracking Santa and his route is Track Santa With Norad. Not only can you and the kids see his Christmas route, but they have a new kids game on their website every day until Christmas. Another fantastic interactive resource is Portable North Pole, which allows you to record a video message with Santa. Check both sites out if you haven't already and let us know what you think.

From all of us at Breckenridge Associates Real Estate - Merry Christmas, Happy Chanuka and Happy Holidays to you and yours!

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Breckenridge & Summit County Events Calendar, Winter 2011-2012

2011-12-12T20:12:00.012-07:00

The 2011-2012 ski season has kicked off and is already going strong. Check out this winter’s events around Breckenridge and Summit County. Click here for the Breckenridge & Summit County Winter Events Calendar.

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Secret Stash - The Dew Tour Hits Breckenridge This Week

2011-12-12T20:12:00.010-07:00

The Dew Tour returns to Breckenridge this week, December 15-18! In its 4^th year, the Winter Dew Tour will again focus the eyes of the extreme skiing and riding world on Breckenridge. This year the stakes have again been elevated for Breckenridge Ski Resort’s award-winning Freeway Terrain Park.

The Winter Dew Tour consists of three major, multi-sport events spanning across the country, with a cumulative points system, and a $1.5 million competitive purse. Each event features snowboard (superpipe and slopestyle) and freeskiing (superpipe and slopestyle).

At season’s end, the overall points leaders are crowned year-end champions and awarded the prestigious Dew Cup. Visitors can plan to enjoy the Festival Village, specialty competitions and live music performances.

There are many opportunities throughout the weekend for spectators to watch the best athletes compete. Come out and support these amazing skiers and snowboarders.

Breckenridge’s Dew Tour Competition Schedule:
Tuesday, December 13

8am-4pm, Slopestyle Men/Women Open Practice

8am-4pm, SuperPipe Men/Women Open Practice

Wednesday, December 14
8-9:30am, SNB SlopeStyle Men/Women Practice
8-10:30am, SNB SuperPipe Men/Women Practice

9:30-11:30am, Ski SlopeStyle Men Practice
10:30-11am, SNB SuperPipe Women Practice

11am-12:30pm, SNB SuperPipe Women Qualifier

11:30am-3:30pm, Ski SlopeStyle Men Qualifier

12:30-1pm, SNB SuperPipe Men Practice

1-4pm, SNB SuperPipe Men Qualifier

Thursday, December 15 (Festival Village Hours: 9am-4pm)

8-9:15am, SNB SlopeStyle Men Practice

8-11am, Ski SuperPipe Men Practice

9:15am-1:15pm, SNB SlopeStyle Men Qualifier

11am-2pm, Ski SuperPipe Men Qualifier

1:15pm-2:15pm, SNB Slopestyle Women Practice

2-4pm, SNB SuperPipe Men/Women Practice

2:15-4pm, SNB Slopestyle Women Qualifier

Friday, December 16 (Festival Village Hours: 9am-4pm)

8-9:45am, Ski SlopeStyle Men Practice

8-9:15am, SNB SuperPipe Men/Women Practice

9:15-10:15am, SNB SuperPipe Women Semi-Final

9:45am-Noon, Ski SlopeStyle Men Semi-Final

10:15am-Noon, SNB SuperPipe Men Semi-Final
12:15-1:45pm, SNB SlopeStyle Men Practice

12:30-2pm, Ski SuperPipe Men Practice

2-4pm, Ski SuperPipe Men Semi-Final

1:45-4pm, SNB SlopeStyle Men Semi-Final

Saturday, December 17 (Festival Village Hours: 9am-4pm)

8-9:15am, SNB SlopeStyle Men/Women Practice

9:15-10am, SNB SlopeStyle Women Practice

10-11:30am, SNB Slopestyle Women Semi-Final

10-11:15am, Ski SuperPipe Men Practice
11:30am-4pm, Slopestyle Open Practice

11:30am-12:30pm, Ski SuperPipe Men Final

12:30-1:45pm, SNB SuperPipe Men/Women Practice
2-2:40pm, SNB SuperPipe Women Final

3-4pm, SNB SuperPipe Men Final

5-11pm, Nike Chosen One
Concert @ Riverwalk

Sunday, December 18 (Festival Village Hours: 9am-4pm)

8-9:15am, SNB SlopeStyle Men/Women Practice
9:30-10:10am, SNB SliopeStyle Women Final
10:30-11:30am, SNB SlopeStyle Men Final

11:30am-12:15pm, Ski SlopeStyle Men Practice

12:30-2pm, Ski SlopeStyle Men Final

Dew Tour Party Schedule:

**Thursday, December 15 9pm: Dew Tour Kickoff Party with Forum Snowboards at Cecilia's

**Friday, December 16 9pm: Official De Tour After Party at Liquid Lounge

**Saturday, December 17 10pm: Official Dew Tour After Party with Prime Element performing at Three20South after the Nike Chosen Rail Jam and Concert at the Riverwalk

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

The Source Magazine - Winter 2011-2012

2011-12-12T20:11:00.003-07:00

The Source Magazine - Winter 2011-2012 is available now (below). View Summit County's most complete real estate listing guide online or stop by our Main Street, Breckenridge office to pick up your copy today.

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Did You Know? Real Estate as a Longer Term Investment

2011-11-16T20:10:00.006-07:00

Real Estate as a Longer Term Investment

As presented by The KCM Blog, here's a snapshot of the past 10 years of Return on Investment for Real Estate versus the Stock Market. (January 1, 2000 - November 1, 2011.) Unbeatable prices, a wide variety of inventory and great interest rates mean now is the time to buy to invest in your future.

Secret Stash – Breckenridge Ski Resort Turns 50

2011-11-16T20:06:00.002-07:00

Breckenridge has much to celebrate this season, including 50 years of skiing with its official birthday taking place next month on December 16. This historic date in 1961 was when the resort officially opened to the public for skiing.

The conception of building a ski resort in Breckenridge began during the late 1950s, when Bill Rounds of the Porter and Rounds Lumber Company became interested in bringing skiing to the valley. The Peak 8 Ski Area (as it was first known) opened on December 16, 1961 with one Heron double chair and a midway unloading station in addition to one short learners T-bar.

Some fun history facts from Breckenridge’s first 50 years:

• Breckenridge has received approximately 17,500 inches of snow (1,416 feet) since the resort opened in 1961.
• Breckenridge has welcomed visitors from all 50 U.S. states and over 60 different countries, cementing the resort as truly a global destination.
• Breckenridge has hosted approximately 39 million skiers and snowboarders since 1961 (the first season featured around 17,000 total skier visits, as compared to 1.63 million in 2010/11)
• Breckenridge was the first ski resort in North America to install a high speed quad chairlift, in 1981.
• Breckenridge became the first ski resort to allow snowboarding in Colorado, in 1984.
• Breckenridge installed the Quicksilver Super 6, the first and only double loading chairlift in the USA, in 1996.
• Breckenridge built the highest high-speed quad chairlift in the world, the Imperial Express SuperChair, topping out at an elevation of 12,840 ft. in 2005.

To thank and honor guests of Breckenridge this season, the Breckenridge is kicking off a “50 Wishes” campaign. Throughout the course of the season, guests will be able to submit any wish they’d like to see fulfilled at the resort. The ski resort staff will compile 50 of these wishes and make them come true during the year! More details will be forthcoming at the resort's website www.Breckenridge.com.

Another great way to celebrate early season is by booking your trip to Breckenridge or inviting your family and friends to come and stay and play early season in Breckenridge. Book now and enjoy 50%-off lodging at The Village through December 15. The Village offers an unbeatable location in the heart of town and steps from the Quicksilver lift. Book here while supplies last.

Breck Snowflake Challenge Returns December 9-16

2011-11-16T20:01:00.002-07:00

The 4^th annual Breckenridge Snowflake Challenge brings snow sculpting back to its roots and onto the streets of downtown Breckenridge this December as a fun kick-off and warm-up to the International Snow Sculpting Championships event late 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. Last year, “Team Breck” from the Breck Snowflake Challenge, went on to compete and place 3^rd in the International Snow Sculpting Championships! View Breck Snowflake Challenge masterpieces from last year's Challenge here.

Local artists don’t need to have prior snow sculpting experience to enter. Deadline for entry is December 8, competition begins December 9 and judging culminates December 16. Participants should view registration details at www.BreckSnowflakeChallenge.com. Or, call our office at 970.453.2200.

Visitors must check out the sculpting creations from our local artists after the competition kicks off Dec. 9 with completed sculptures December 16 and the following days after (as long as colder temps cooperate). A site map will be available at the Breckenridge Welcome Center.

The Breck Snowflake Challenge is proudly sponsored by Breckenridge Associates Real Estate, The Breckenridge Resort Chamber, Coors Tap the Rockies, The Summit Daily News and KSMT/KCMV Radio.

The Source Magazine - Winter 2011-2012

2011-11-16T19:57:00.001-07:00

Summit County’s go-to real estate guide is nearly complete. Our 40-page magazine of local listings will be available mid-December. Reserve your copy by emailing your Broker today, or stop by our office. Copies will be available at many distribution locations throughout Breckenridge and Summit County.

Breckenridge's Top 5 Real Estate Deals - November 2011

2011-11-16T19:48:00.005-07:00

We have some wonderful real estate deals for the month of November - several in Breckenridge as well as one in Silverthorne. Our selections include a steal of a deal on a prime location Breckenridge condo, a wooded Blue River home, a private Silverthorne residence with no detail spared and several other great deals! Don't miss out on these amazing real estate opportunities. Contact your Breckenridge Associates Real Estate Broker today!

1.) River Mountain Lodge, W102
What a deal! Buy a studio condominium in the heart of Breckenridge for $155,000. Wow. Ski home, walk half a block to town, park underground, visit the cozy bar and lounge and and enjoy great rental income when you are not in town. This condo has direct ski area views.

River Mountain Lodge, W102

2.) Blue River Home
Awesome home in a wooded setting just 4 miles from Breckenridge. This cozy home has vaulted ceilings, granite counter tops, an oversize 2-car garage and a great fireplace. The best part is the price at $369,900.

Blue River Home

3.) Sage Creek Canyon Residence
This exquisite home sits in a private subdivision and backs to National Forest. No detail spared in this 4 bedroom, 4.5 bath home including theater room, wet bar, 3-car garage and game room. And not shown is the incredible view of the Gore Range Mountains. Home is offered at $1,199,900, which is $300K below what they paid for it in 2007!

Sage Creek Canyon Residence

4.) Highlands Green Lodge, #310
Welcome to a first class condo project near the Breckenridge Golf Course. Built in 2003, this project offers elegant lounges, hot tubs and a large workout room. At $215,000, this 1 bedroom condo is $50,000 less than the last sale. Owners enjoy the granite counters, Alder wood finishes and cozy fireplace.

Highlands Green Lodge, #310 (Update - this listing just went "pending" therefore the link may not load.)

5.) 3 Spencer Court
Consider this view in one of the best locations in the Highlands Subdivision! Enjoy 4,800 square feet of living on 2 levels. Some highlights of the home include the river rock accents, spacious living /dining area, sunny view deck, incredible landscaping and a fabulous floor plan. This home will be the next sale in the Highlands! All for only $1,499,900.

4th Annual Dew Tour Hits Breckenridge December 15-18

2011-11-16T19:39:00.000-07:00

In its 4th year of showcasing the world’s top freeski and snowboard athletes competing in slopestyle and superpipe events, the Winter Dew Tour kicks off its nationwide tour once again at Breckenridge Ski Resort from December 15-18, 2011.

The Winter Dew Tour consists of three major, multi-sport events spanning across the country, with a cumulative points system and a $1.5 million competitive purse. Each event features snowboard and freeskiing competitors in slopestyle and superpipe events. At season’s end, the overall point’s leaders are crowned year-end champions and awarded the prestigious Dew Cup. Public events complement the competitions, including the Festival Village, specialty competitions, and live music and parties in town. Boasting the largest media platform in all of winter action sports, The Winter Dew Tour will be televised live on NBC, with additional domestic and international programming reaching more than 200 million households worldwide.

More details about schedule and programming will be available closer to the start of the event, check the resort's website for more details as the event approaches. www.Breckenridge.com

Breckenridge Ski Area 50th Anniversary Opening Day 11.11.11

2011-11-11T15:35:00.001-07:00

Breckenridge Ski Area 50th Anniversary Opening Day!

11.11.11

Breckenridge's Top 5 Real Estate Deals - October 2011

2011-10-16T21:30:00.001-06:00

As we approach the end of our selling season a quick review of the local market statistics indicates a much more active and productive year this year compared to 2010.

Right now there is a grand total of 3648 listings in our MLS computer. That includes everything - single family, condos, townhomes, duplexes, land and business opportunities. Last year at this time, the grand total was 5608 listings. That’s a decrease of 35% in overall inventory.

Looking at the Breckenridge market, we now have 356 homes listed for sale in the Breckenridge area. Last year at this time there were 393 homes listed. That’s a decrease of about 9.5%.

And, last year we had about 427 condos listed for sale in Breckenridge. This year right now there are about 340 for sale, a decrease of about 20%.

What about sales? Last year there were about 95 homes sold by October 1. This year about 138 homes have sold. That’s an increase of about 48%! So listing inventory is down 20–30% depending on the type of property, and sales are up as much as 48% on homes and up 7% on sales of condos in the Breckenridge area - overall about 28% better than last year.

All good news, right? We know you’re thinking...what about prices? Are they going up/down/what? The stats are showing sales prices are nearly flat or slightly lower than prices last year.

Now for the Top 5 Real Estate Deals for October 2011
This month four of the five properties I am highlighting are immediately adjacent to the Breckenridge ski resort or the National Forest. Why by the ski slopes? How come these are the best deals? Here’s why.

In this Buyer's market we see more properties for sale that would not likely be for sale at all in a Seller’s market.

So, if you’re a Buyer, now is your chance to choose the “pick of the litter” if you will, as some of the very best properties ever developed are now being offered at a price that’s very competitive with comparable units that are not right by the ski area.

1.) 21 Boulder Ridge, Breckenridge
The first one is in Boulder Ridge Subdivision. This home is on Peak 8 very near the new One Ski Hill Place. You can almost ski right back to the hot tub on the back deck of the house. It’s 4 bedrooms, 4 baths and it has the ever important game room separate from the beautiful vaulted living room. Because of the location this home sees a lot of guests. But the interior has been kept fresh and new looking. From the living room you view the peaks and it has a 2-car garage.

21 Boulder Ridge, Breckenridge - $1,499,000

2.) 30 White Cloud, Breckenridge
The next property is up on Peak 10 on White Cloud Drive. It too is a single family home and it directly adjoins the National Forest under supervision of the ski area. This home is on a nice flat fenced lot which is absolutely perfect for all you dog-lovers out there. In the summer, stroll into Carter gulch for an easy hike. And In the winter, ski back to the neighborhood, and if you’re good, right back to the street the house is on. The house has 3 bedrooms and 2 1/2 baths. And, it has a dog wash in one of the bays of the garage. The house is in Warriors Mark West, an area that’s one of my own personal favorites.

30 White Cloud, Breckenridge - $699,000

3.) Eagles View Condo, Breckenridge
In the same neighborhood, this Eagles View Townhomes is being offered for $399,000 it’s a 2 bedroom townhome with huge potential. In fact, there is a possibility of converting a lower level storage room and sauna into a third bedroom, if you get really ambitious. The living room and master bedroom windows can be enlarged to take in more of the gargantuan mountain views. This condo has a private garage. Ski right out to the chairlift from here, and if you’re good, ski back to the parking lot! This is a front row seat to the national forest.

Eagles View Condo, Breckenridge - $399,900

4.) Tyra Chalet Condo, Breckenridge
My next pick is back over on Peak 8. This Tyra Chalet condominium is right on the ski run, and right across the street from the base of the Snowflake Chairlift. The door is literally just steps from the chairlift! This is a 3 bedroom, 2 bath townhome with a big great room. There’s a washer/dryer in the unit. The complex enjoys an indoor and outdoor hot tub, beautiful mountain views and a quiet location that is at the base of the chairlift and just three blocks from Main Street.

Tyra Chalet Condo, Breckenridge - $499,000

5.) Victorian Quarters Condo, Breckenridge
My final pick is Victorian Quarters. This is a townhome type property in the historic district on French Street. It’s not a drafty old house that has been renovated and cost a million bucks. It’s a “neo-victorian”, a comfortable 3 bedroom, 2 bath townhome with a private garage. It’s on French Street, just two blocks from the middle of downtown. It’s being offered fully furnished and equipped with a history of being enjoyed completely by so many people. You know, some folks aren’t so worried about being right up by the ski area. For them, this location ideal. It’s super convenient to all the activities and festivals that take place on Main Street throughout the seasons. And to get to the skiing, there is a free ski shuttle stop at the corner just paces from the property.

Secret Stash - It's Breckenridge Ski Resort's 50th Anniversary & We're Celebrating With Snow

2011-10-11T14:08:00.002-06:00

It's Breckenridge Ski Resort's 50th Anniversary this year, and we have a lot to celebrate with 50 years of skiing in Breckenridge. If you want to get a little extra excited for the ski season ahead, take a look at this video Breckenridge Ski Resort put together on Facebook.

Breckenridge's first significant snow storm of the season took place on October 6. We captured a couple snow shots to keep the excitement of winter top of mind. Looking forward to getting out there and making some turns, hope you will join us in Breckenridge this winter!

Ski Pass Sales & Season Opening Dates

2011-10-11T13:54:00.013-06:00

Don’t forget about all the different ski pass options out there for the 2011-2012 ski season. Ski and ride Breckenridge, Keystone, Copper Mountain, Arapahoe Basin, Vail, Beaver Creek, Loveland, Winter Park, Steamboat and more. Many of the pass prices will increase if you don't purchase your pass soon, therefore we thought you might want to again look at pricing and options all in one place.

Following is the menu of pass and price options for 2011-2012 Colorado ski season (Below prices are reflective of a price increase on October 16. Prices are subject to change.):

Vail Resorts (Breckenridge, Keystone, ABasin, Vail, Beaver Creek) Passes
Epic Local Pass (Formerly the Colorado Pass). $519 for Adults. Unlimited skiing or riding at Breckenridge, Keystone and Arapahoe Basin with limited restrictions at Heavenly and Northstar. Also includes 10 restricted days at Vail or Beaver Creek. Epic Local Pass details.

Summit Value Pass (Perfect for Summit County-only skiers). $429 for Adults. Unlimited skiing or riding at Keystone and Arapahoe Basin with limited restrictions at Breckenridge. Summit Value Pass details.

Epic Pass (Ski as much as you want whenever you want). $669 for Adults. Unlimited access to Vail, Beaver Creek, Breckenridge, Keystone, Heavenly, Northstar and Arapahoe Basin - No Blackout Dates. Epic Pass details.

Copper Mountain Passes
Copper Pass (Ski as much as you want whenever you want at Copper). $369 for Adults. Unlimited and unrestricted (no blackouts) skiing/riding at Copper Mountain. Copper Pass details.

Rocky Mountain Super Pass (Ski unlimited at Copper and Winter Park) $409 for Adults. The Rocky Mountain Super Pass offers unlimited skiing and riding at Winter Park / Mary Jane and Copper Mountain. Rocky Mountain Super Pass details.

Rocky Mountain Super Pass+ (Ski unlimited at Copper, Winter Park with some unrestricted days at Steamboat) $479 for Adults. The Rocky Mountain Super Pass Plus offers unlimited skiing and riding at Winter Park / Mary Jane and Copper Mountain, plus six unrestricted days at Steamboat. Rocky Mountain Super Pass+ details.

A Basin Pass
Ski A Basin all season long with some days at Breckenridge and Keystone Resorts. $389 for Adults. A Basin Pass details.

Loveland Pass
Ski Loveland all season long with some days at Monarch and Purgatory Ski Resorts. $359 for Adults. Loveland Pass details.

Local Resorts' Opening Dates:
Wolf Creek - The earliest opening of any ski area in Colorado this year. They opened October 8 with about 3 feet of snow! Way to get the season going Wolf Creek! Next in line was Summit County's own - A Basin, open to skiing and riding on October 13 followed by Loveland on October 14.
A Basin Ski Resort - Opened October 13!!!
Loveland Ski Resort - Opened October 14!!!
Keystone Ski Resort - November 4, 2011
Copper Mountain Ski Resort - November 4, 2011
Breckenridge Ski Resort - November 11, 2011 Winter Park Ski Resort - November 16, 2011
Vail Mountain - November 18, 2011
Beaver Creek Ski Resort - November 23, 2011
Steamboat Ski Resort - November 23, 2011
***Prices subject to change any time.***

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

The Source Magazine - Winter 2011-2012

2011-10-11T13:42:00.005-06:00

Guarantee your property appears in Summit County’s largest listing guide. We’re gearing up to begin working on the signature The Source Magazine - Winter 2011-2012 now. List with Breckenridge Associates Real Estate by October 31, 2011 to ensure your home is marketed in our Buyer’s Guide during the peak holiday season and the busy months ahead. The Source Magazine is strategically displayed in all the high traffic areas of Breckenridge and Summit County, targeted towards potential buyers. Don’t miss the chance for your home to be showcased in our upcoming signature marketing piece.

Contact your Breckenridge Associates Real Estate Broker/Partner today to guarantee your home appears in this winter's The Source Magazine.

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

www.BreckenridgeAssociates.com - Have You Checked Out Our Website?

2011-10-11T13:34:00.001-06:00

The past year we’ve made significant changes in our website to make it more appealing to Buyers in Breckenridge. Our efforts have paid off as we’ve nearly doubled visits to our website each month since the re-launch of www.BreckenridgeAssociates.com last September. We’ll continue to make new and inviting changes ahead to stay ahead of the technology curve. But if you haven’t checked out our site yet, please do…and let us know any feedback you might have so we can continue to work better for you!

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Did You Know? A Home Energy Audit Could Save You Money This Winter

2011-10-11T13:32:00.003-06:00

It’s hard to believe ski season is rapidly approaching with opening day only a few weeks away. The mountain peaks are beginning to get covered with early season snow, which makes it a great reminder to complete winterizing projects around our mountain homes. Heading into colder temps, make sure your home is set up to run as efficiently as possible so you can feel confident knowing energy bills won’t be a surprise each month. An Energy Assessment will pinpoint areas where your home is losing energy and help guide you to solutions to resolve the problem areas – and will hopefully save you money in the long run.

Learn about the benefit of Home Energy Audits here.

Click here for Summit County contacts for Energy Audits and Conservation via the High Country Conservation Center.
Or, do the energy audit yourself.

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Window Of Opportunity - Historically Low Mortgage Rates

2011-09-11T14:45:00.007-06:00

Take advantage of current real estate prices in Breckenridge coupled with historically low mortgage rates and get the real estate deal of a lifetime. Based on current mortgage rates, with 30% down on a $200,000 home your payment could be less than $600 per month. There's no better way to kick off the start of a new ski season, than from the comfort of your own ski home in Breckenridge.

Talk to your Broker/Partner at Breckenridge Associates Real Estate today to learn more about real estate opportunities in Breckenridge.

Calculate Your Mortgage Rate Here. Source: Google Advisor Mortgage Rates, September 11, 2011

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Secret Stash - September Celebrates Fall In Breckenridge

2011-09-11T13:56:00.004-06:00

September is a favorite month for so many of us locals. It's a great time to take a breather between busy seasons, but also the absolute perfect month to truly enjoy where we live and the transition from summer to winter. Whether taking the time to view the "Colorado gold" of changing leaves on Boreas Pass, drinking a brew on Main Street for Oktoberfest or touring Summit County's finest homes during the Parade of Homes, you're sure to want to spend some time in Breckenridge this September.

Breckenridge's Peak Foliage:
View the golden leaves of the high country during peak foliage times of the 3rd and 4th weeks of September. Leaf peepers will love driving through the natural tunnel of trees on Boreas Road for prime peeping! The tunnel of trees is a true highlight of this adventure, an outing everyone will enjoy this fall.

Directions to/from Boreas Pass in Breckenridge:
Head south through Breckenridge onto Boreas Pass Road by taking a left at the stoplight on the south side of town. You will come to a dirt road after 3.5 miles. Stay on the dirt road and you’ll be surrounded by beautiful Colorado gold as you navigate through tunnels of Aspens and gradually above timberline. Learn some history along the way – the road follows an abandoned railroad grade, which was the original route of the Denver, South Park and Pacific Railroad. You can turn around at any time, or continue approximately 11 miles on the dirt road to the town of Como. Enjoy the foliage and incredible views of the Continental Divide. To get back to Breckenridge from Como, take Highway 285 south to Highway 9/Fairplay. Follow the highway through Fairplay, Alma and back to Breckenridge.

Breckenridge's Oktoberfest:
Breckenridge Oktoberfest is where Munich meets the mountains, September 16-18. The official start of a great weekend in Breckenridge begins Friday with the Brewmaster’s Dinner, a six course dinner paired with European bier and wines. The dinner usually sells out quickly, make a reservation now if you’re interested. The summer’s biggest party on Main Street kicks off Saturday morning at 11am-6pm that evening and picks up again on Sunday from 11am-5pm. Traditional German fare, Paulaner bier, commemorative bier steins, Oompah and Polka music, Bavarian costumes and great people watching are sure to add to this festive weekend.

Book special Breckenridge Oktoberfest Lodging and Event packages here.

Summit County Parade of Homes:
The third and fourth weekends in September are dedicated to the Parade of Homes, benefiting the Summit Foundation. Tour some of Summit County’s most beautiful homes ranging in price from $670,000 to $4,000,000 September 17-18 and again on September 24-25. See the newest trends in style, interior design, state-of-the-art finishes, and amazing landscaping! Tickets are on sale now for $10 each. Visit www.summitfoundation.org to purchase your tickets today.

Book last minute Breckenridge Lodging Packages for September here.

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

2011-2012 Colorado Ski Passes & Resort Opening Dates

2011-09-11T13:56:00.003-06:00

The leaves are changing and ski season is just around the corner. Breckenridge, Keystone, Vail, Beaver Creek and Arapahoe Basin all have combined passes available for purchase depending on where you'd like to ski. Copper Mountain, Winter Park, Steamboat and Loveland passes are on sale too. Prices usually go up the longer you wait, so we suggest you purchase right away to lock into the best possible value.

Following is the menu of pass and price options for 2011-2012 Colorado ski season:

Vail Resorts (Breckenridge, Keystone, ABasin, Vail, Beaver Creek) Passes
Epic Local Pass (Formerly the Colorado Pass). $499 for Adults. Unlimited skiing or riding at Breckenridge, Keystone and Arapahoe Basin with limited restrictions at Heavenly and Northstar. Also includes 10 restricted days at Vail or Beaver Creek. Epic Local Pass details.

Summit Value Pass (Perfect for Summit County-only skiers). $409 for Adults. Unlimited skiing or riding at Keystone and Arapahoe Basin with limited restrictions at Breckenridge. Summit Value Pass details.

Epic Pass (Ski as much as you want whenever you want). $649 for Adults. Unlimited access to Vail, Beaver Creek, Breckenridge, Keystone, Heavenly, Northstar and Arapahoe Basin - No Blackout Dates. Epic Pass details.

Rocky Mountain Super Pass+ (Ski unlimited at Copper, Winter Park with some unrestricted days at Steamboat) $459 for Adults. The Rocky Mountain Super Pass Plus offers unlimited skiing and riding at Winter Park / Mary Jane and Copper Mountain, plus six unrestricted days at Steamboat. Rocky Mountain Super Pass+ details.

A Basin Pass
Ski A Basin all season long with some days at Breckenridge and Keystone Resorts. $369 for Adults. A Basin Pass details.

Loveland Pass
Ski Loveland all season long with some days at Monarch and Purgatory Ski Resorts. $359 for Adults. Loveland Pass details.

Temperatures have started to drop in Breckenridge and Summit County and fall seems to be just around the corner. Last week we had our first dusting of snow on the peaks and it reminded us that we'll be hitting the slopes in less than 2 months. We're looking forward to hitting the slopes and enjoying another ski season in Breckenridge.

Local Resorts' Opening Dates:

Loveland Ski Resort - October 2011 (We hear they're getting the snow guns ready!)
A Basin Ski Resort - October 2011 (We hear they're also getting the snow guns ready!)
Keystone Ski Resort - November 4, 2011
Copper Mountain Ski Resort - November 4, 2011
Breckenridge Ski Resort - November 11, 2011 Winter Park Ski Resort - November 16, 2011
Vail Mountain - November 18, 2011
Beaver Creek Ski Resort - November 23, 2011
Steamboat Ski Resort - November 23, 2011
***Prices subject to change any time.***

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Breckenridge Associates Real Estate Named 'Best Real Estate Office' - Summit Daily News

2011-09-11T13:56:00.001-06:00

The readers of the Summit Daily News voted Breckenridge Associates Real Estate as #1 real estate office in the recently released annual "Best of" Issue recognizing readers' votes for the top Summit County businesses. We are proud and honored to receive this award and to be chosen by our local clients and friends as the top Brokerage. Thank you everyone, this means a lot to us!Check out the 'Best Of' Issue here. The real estate office award is on page A26.

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Breckenridge's Real Estate Hot List - September 2011

2011-09-11T13:55:00.002-06:00

This month's Top 5 Real Estate picks are all located in Breckenridge. These great deals range from in-town condos to Single Family homes throughout Breckenridge. Don't miss these unbeatable prices or the opportunity to own in Breckenridge in time to enjoy the upcoming ski season ahead!

1.) River Mountain Lodge Condo, Breckenridge

This 1 bedroom corner condo has been fully renovated with upper end baths and kitchen, views of ski area and Four O'Clock Ski Run. Ski home shuttle or walk anywhere. Amenities include an après after ski bar and lounge, pool, hot tubs, conference rooms and more with underground parking. Priced like a short sale!

River Mountain Lodge Condo, Breckenridge - $299,900

2.) Park Place Condo, Breckenridge

Roomy 2 bedroom/2 bathroom ski condominium right in the heart of Breckenridge. First floor unit with easy access to skiing and town. Nice touches throughout make this the perfect mountain getaway. Exterior of the building has been completely remodeled. Looks great and has a very attractive price!

Park Place Condo, Breckenridge - $399,900

3.) 116 Victory Lane, Breckenridge

This newer Warriors Preserve home offers 4 bedrooms plus loft, second living area, double sided fireplace, floor-to-ceiling windows, wood floors, stone accents throughout, hot tub and a 2-car garage. Be out your door and on the slopes for well under $2 million. This is an exclusive 11 home in town enclave, surrounded by National Forest and open space; boasting ski-in and out ski trail access to Peak 9.

116 Victory Lane, Breckenridge - $1,650,000

4.) 234 Gold King Way, Breckenridge

A private 5 acre estate, abutting National Forest. A beautiful castle in the sky with 5 bedrooms 6 1/2 bathrooms. Private living room, great room, recreation parlor area, home theatre and bunk play area and kitchen with 2 food preparation areas. Superior construction and meticulous details of finishes and quality that adorn each room in this residence. Custom floors with imported Italian ceramic and stone; decorative lighting fixtures throughout, concrete roof tiles, landscaping. This home is a must to see with a price reduction $1 million under building costs.

234 Gold King Way, Breckenridge - $3,300,000

5.) The Highlands at Breckenridge, Breckenridge

This magnificent home sits on the 5th hole of the Breckenridge "Bear" Golf Course. The view of the Ten Mile Range is spectacular, the spacious open floor plan is perfect for all occasions, and the finishes are absolutely beautiful. Cross country ski out your back door or golf, you choose! 2 master suites, a main floor master, a large sunny deck, hot tub, and large lower recreation room.

U.S. Pro Cycling Challenge Recap - Breckenridge Stage 5 Finish

2011-09-11T13:28:00.001-06:00

We can't get enough of the hype and fun and excitement surrounding the inaugural U.S. Pro Cycling Challenge. What an honor it was for Breckenridge to be selected to host such an important finish in the race and on a Saturday, a peak viewing day of the race. We're pretty sure the cyclists had to enjoy race day into Breckenridge more than any other day. In fact, here's what race winner Levi Leipheimer had to say about Breckenridge and this important day in the race in the video clip below.

Did you have a chance to enjoy the U.S. Pro Cycling event yourself? What did you think? Did you see Breckenridge in all its glory as spectators lined the streets from Silverthorne to Dillon to Swan Mountain Road and into Breckenridge Main Street? It was certainly a highlight of the summer for us. Watch the video below for a recap of the Steamboat to Breckenridge Stage 5 leg of the race.

We tried to live in the moment and enjoy the finish of this monumental race as they came into Breckenridge. But, we managed to grab a couple of shots when the racers came through as we and everyone else watched in awe. What a great day for a cycling event in Breckenridge! What a great race for Colorado! We are already looking forward to next year's race and what it will bring.

U.S. Pro Cycling Challenge Finishing on Main Street in Breckenridge, Colorado

Breckenridge Associates Real Estate Clients & Friends Watching U.S. Pro Cycling Challenge Stage 5 Finish From Our Front Lawn in Breckenridge, Colorado

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Did You Know? Buy That Vacation Home Now

2011-08-10T13:31:00.014-06:00

We’ve all experienced uncertainty in the stock market the past several years. While we’ve seen some good times in the marketplace, we’ve again been reminded this week of how volatile the stock market is with a gut wrenching 635-point fall on the Dow Jones on Monday, a 429-point rally on Tuesday and another 519-point tumble Wednesday.

The roller coaster of the current Stock Market continues and might make you consider investing your money elsewhere to further diversify your portfolio. Returns on the stock market perform best as long term investments, but when you compare 1990-2010, a 20-year time frame, you see an average annual growth of 5.4% depending on exactly when you invested, according an article on www.investmentpropertycentral.com. High Federal debt, a rocky European market and high unemployment statistics are of concern and while we know America will recover, adjusting your portfolio by purchasing real estate in strong tourism markets such as Breckenridge may prove to be great option.

We have some amazing deals out there as you’ll see a sampling of in this month's “Top 5 Breckenridge Real Estate Deals” article. As a recent Wall Street Journal article reports, “…prime locations – on the water or near a ski slope – are selling well…”

Economic indicators are continuing to show positive signs of a healthy resort market in Breckenridge. Last winter was one of our best seasons in terms of snowfall and town visits. Momentum has continued into the summer with town bustling and no shortage of events and activities throughout the season. And, when looking at real estate numbers, sales for the first two quarters of 2011 indicate an increase of more than 20% over the same time period in 2010. In addition our showings, which indicate future transactions, have nearly doubled in June 2011 when compared to June 2010.

If you’re thinking about purchasing a home, but wondering if now is the right time, make and appointment to sit down with one of the members of our “Home Town Team.” We can assist you to explore investment opportunities and determine whether now is the right time for you to consider a mountain property in Breckenridge.

Source:
www.investmentpropertycentral.com article, “Stock Market vs. Real Estate”

The Wall Street Journal article, “Vacation Homes: Why It Might Be Time To Buy”

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

U.S. Pro Cycling Challenge Information on Breckenridge Stage 5 Event

2011-08-10T10:51:00.004-06:00

Breckenridge Hits The Big Time Hosting The Stage 5 Finish Of The US Pro Cycling Challenge on Main Street!

This event is going to be A-M-A-Z-I-N-G!

The USA Pro Cycling Challenge, running from August 22-28, 2011, is a grueling, 600 mile, 7-day race through the most majestic and treacherous terrain Colorado and the Rocky Mountains have to offer. 16 international teams. 128 of the gutsiest riders. One great race.

The Tour De France top three finishers are confirmed to race in this epic cycling event! Cadel Evans, Andy Schleck and Frank Schleck will headline the race along with Top American Rider (Colorado's Own) Tom Danielson and Italian Ivan Basso.

Don't miss the chance to watch this inaugural race that is rumored to be the biggest spectator event in Colorado history and quite possibly one of the largest sporting events to take place in the United States!

Timing:
Saturday, August 27. Race will depart Steamboat at 10am and arrive in Breckenridge between 2:45pm and 3:15pm.

August 27th Breckenridge Stage 5 Finish Course:
The Stage 5 route will start in Steamboat Springs. Cyclists will come down Highway 9, past Green Mountain Reservoir and through the town of Heeney. Riders will then pass through Silverthorne, Dillon and head right over Swan Mountain Road. They will proceed left onto Highway 9 heading around Park Avenue in Breckenridge to end up on the south end of town. From there, they will head northbound with a race to the Main Street, Breckenridge finish through the heart of town. Read more about the 7-day race route here.

TV Schedule:
The event will be televised on NBC & Versus. Click here for TV schedule.

Pets, Road Closures and Lodging Deals:
No dogs allowed. Cycling may be easiest means of transportation. Some roads will be closed throughout the area on race day. Visit gobreck.com for the latest information on road closures.

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Breckenridge's Real Estate Hot List - August 2011

2011-08-10T10:29:00.000-06:00

Let’s take a look at a few exceptional values on the market today. Here are our Top 5 Real Estate picks for the month of August - a condo on a ski run a creek and in-town, a screaming Frisco 4 bedroom property deal, a great golf course home, a deal that's all about the water and finally, a deal in one of Breckenridge's finest neighborhoods. Watch the video for our Top 5 picks and view the property detail by clicking the links below. Contact your Breckenridge Associates Broker to learn more about the real estate deals featured here.

1.) Wildwood Lodge Condo, Breckenridge
1 bedroom, located in town, right off a ski run and right on a beautiful little creek. This is a gem!
Wildwood Lodge Condo, Breckenridge - $219,000

2.) Peak One Condo, Breckenridge
Located just two blocks from the Main Drag in Frisco, this 4 bedroom, 3 bathroom, 1,842 square foot property is in excellent condition and has HOA dues of only $280 a month.
Peak One Condo, Frisco - $350,000

3.) 37 South Rd., Breckenridge
Enjoy the privacy of this large single family Breckenridge home with 4 bedrooms, 4 1/2 bathrooms and just over 2,400 square feet of living space and an attached 2-car garage. (The last one sold for $942,500 back in 2009.)
Stonehaven, Breckenridge - $789,000

4.) 124 Bonanza Tr., Blue River
This home is all about the water. Situated very close to the river and 4,000 square feet. 6 bedrooms, 4 1/2 bathrooms, 2-car garage and very private.
Coronet, Blue River - $799,000

5.) 31 Tarnwood Dr., Breckenridge
Located in one of Breckenridge's most sought after neighborhoods, this home is on over 2 acres of beautifully treed land, with 4 bedrooms, 2 1/2 bathrooms and an attached 2-car garage.
Spruce Valley Ranch, Breckenridge - $789,000

As in any investment, real estate is certainly subject to some fluctuation. Unfortunately, Breckenridge is no exception and along with the rest of the country, we have seen our prices drop a bit over the past few years as demand for real estate decreased while the number of properties on the market increased.

We hear many buyers concerns about our values continuing on a downward trend - obviously that thought process leads to “I just want to wait and see what happens” attitude. The truth of our market, however, is that transaction volume in Breckenridge is actually up by about 20% for each of the past two years. Demand is coming back, partly due to lower prices, and partly due to a better economic outlook, amongst other reasons. Simple economics tells us as demand increases for any product, price increases cannot be far behind. They probably won’t skyrocket as in the good old days, but a sound long-term real estate investment will always prove its value in ways far more important than simply a financial asset.

Owning real estate in Breckenridge will bring your family together for years to come. We still have a terrific selection of properties, most list prices are finally reflecting the realities of our market, interest rates remain at historic lows, and more importantly than anything else, Breckenridge remains a beautiful mountain community with some of the very best skiing anywhere in the world.

The links to previous Breckenridge Real Estate Hot Lists follow here:
September 2010 Breckenridge Real Estate Hot List
October 2010 Breckenridge Real Estate Hot List
November 2010 Breckenridge Real Estate Hot List
December 2010 Breckenridge Real Estate Hot List
January 2011 Breckenridge Real Estate Hot List
February 2011 Breckenridge Real Estate Hot List
March 2011 Breckenridge Real Estate Hot List
April 2011 Breckenridge Real Estate Hot List
May 2011 Breckenridge Real Estate Hot List
June 2011 Breckenridge Real Estate Hot List
July 2011 Breckenridge Real Estate Hot List

Please contact us to learn more about these and other real estate deals in Summit County. 800.774.7970 or 970.453.2200.

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Breckenridge Peak 6 Expansion Update

2011-08-09T22:12:00.001-06:00

Vail Resorts, the U. S. Forest Service and Breckenridge Town Council are still coming to terms on proposed Peak 6 Expansion of the Breckenridge Ski Resort.

A Draft Environmental Impact Statement (DEIS) was released by the Forest Service for public review in June, and the review period was recently extended through August 26, 2011. The general public can review and comment on the DEIS online at www.BreckenridgePeak6.com.

Breckenridge Ski Resort recently suggested it would support Alternative 2 in the DEIS (minus the proposed on-mountain restaurant), which includes 550 new acres of lift-served and hike-to terrain on Peak 6 within the ski area boundaries, the installation of a six-person detachable lift based on Peak 7 with a mid-point station on Peak 6 and the construction of a warming hut at the top of the mountain. The expansion would allow the resort to accommodate an additional 1,100 skier visits per day.

Additionally, resort executives signed a Memorandum of Understanding (MOU) in late July, where Breckenridge Ski Resort showed intent in mitigating social impacts of the expansion.
Since the release of the DEIS there have been several public forums, open houses and many opinions on the expansion. After the public comment period is complete, Forest Service officials will compile and respond to the comments and draft the final Environmental Impact Statement (EIS) for the Peak 6 Expansion.

View the project timeline and next steps here.

Source: Summit Daily News, Summit County Voice
Additional articles regarding the Peak 6 Expansion:
http://www.summitdaily.com/article/20110721/NEWS/110729949&parentprofile=search
http://summitcountyvoice.com/breckenridge-peak-6-expansion/

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Breckenridge Hits The Big Time - Watch The Stage 5 Finish Of The U.S. Pro Cycling Challenge Live On Main Street

2011-08-09T22:11:00.004-06:00

Breckenridge Hits The Big Time Hosting The Stage 5 Finish Of The US Pro Cycling Challenge on Main Street!

This event is going to be A-M-A-Z-I-N-G!
The USA Pro Cycling Challenge, running from August 22-28, 2011, is a grueling, 600 mile, 7-day race through the most majestic and treacherous terrain Colorado and the Rocky Mountains have to offer. 16 international teams. 128 of the gutsiest riders. One great race.

The Tour De France top three finishers are confirmed to race in this epic cycling event! Cadel Evans, Andy Schleck and Frank Schleck will headline the race along with Top American Rider (Colorado's Own) Tom Danielson and Italian Ivan Basso.

Don't miss the chance to watch this inaugural race that is rumored to be the biggest spectator event in Colorado history and quite possibly one of the largest sporting events to take place in the United States!

Come Be A Part Of The Action - You're invited to spectate from our yard, possibly the best viewing area without a VIP pass!
Saturday, August 27. Race will depart Steamboat at 10am and arrive in Breckenridge between 2:45pm and 3:15pm.

The Stage 5 route will start in Steamboat Springs. Cyclists will come down Highway 9, past Green Mountain Reservoir and through the town of Heeney. Riders will then pass through Silverthorne, Dillon and head right over Swan Mountain Road. They will proceed left onto Highway 9 heading around Park Avenue in Breckenridge to end up on the south end of town. From there, they will head northbound with a race to the Main Street, Breckenridge finish through the heart of town.

Additional Info:
The event will be televised on NBC & Versus. Click here for TV schedule.

No dogs allowed. Cycling may be easiest means of transportation. Some roads will be closed throughout the area on race day. Visit gobreck.com for the latest information on road closures.

***Photo credits - Images used here are winners of the USA Pro Cycling Challenge poster contest***

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Breckenridge's Real Estate Hot List - July 2011

2011-07-11T20:16:00.008-06:00

Breckenridge's July Real Estate Hot List focuses on some spectacular real estate deals in Breckenridge - a few with amazing river frontage and several with prices below $30,000 (yes, you read that right - a few featured listings are priced below $30,000)! Watch the video for our Top 5 picks and view the property detail by clicking the links below. Contact your Breckenridge Associates Broker to learn more about the real estate deals featured here.

1.) 53 Riverwood Drive, Breckenridge
5 bedrooms, 5 1/2 bathrooms. Nestled directly on the banks of the Blue River and within Breckenridge town limits, the setting is very rare and very special. Enjoy the ambient sounds or the river and some of the finest trout fishing around. Walking distance from Main Street, Breckenridge.
53 Riverwood Drive, Breckenridge - $2,750,000

2.) 359 Wagon Road, Breckenridge
4 bedrooms, 3 bathrooms. A classic log home on more than 150 feet of river frontage, right under the spillway and on the north side of Spruce Valley Ranch. (Property link may not work as listing has gone under contract.)
359 Wagon Road, Breckenridge - $674,900

3, 4 & 5.) River Mountain Lodge Units E1, E2 & E3, Breckenridge
1 bedroom, 1 bathroom. Affordable places to hang your hat - don't hassle with sitting in traffic back to Denver after a day on the mountain. Ski-in and enjoy all the amenities - pool, hot tubs, steam room, sauna, fitness center, elevator and garage. Next to the Blue River and easy walk around Breckenridge.
River Mountain Lodge Unit E1 - $30,000
River Mountain Lodge Unit E2 - $25,000
River Mountain Lodge Unit E3 - $20,000

6.) 214 Glen Eagle Loop, Breckenridge
3 bedrooms, 3 1/2 bathrooms. New residence by the Breckenridge Golf Course in The Highlands. Spacious floor plan complete with Hickory hardwood floors, knotty Cherry cabinets, in-floor radiant heat, slab granite counters, top-of-the-line stainless appliances and more.
214 Glen Eagle Loop, Breckenridge - $799,000

The links to previous Breckenridge Real Estate Hot Lists follow here:
September 2010 Breckenridge Real Estate Hot List
October 2010 Breckenridge Real Estate Hot List
November 2010 Breckenridge Real Estate Hot List
December 2010 Breckenridge Real Estate Hot List
January 2011 Breckenridge Real Estate Hot List
February 2011 Breckenridge Real Estate Hot List
March 2011 Breckenridge Real Estate Hot List
April 2011 Breckenridge Real Estate Hot List
May 2011 Breckenridge Real Estate Hot List
June 2011 Breckenridge Real Estate Hot List

Please contact us to learn more about these and other real estate deals in Summit County. 800.774.7970 or 970.453.2200.

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Tax Deductions For Vacation Homes

2011-07-04T18:01:00.039-06:00

If you own or intend to purchase a vacation home and are considering placing it into the local rental pool, you may be eligible for tax deductions on your rental property. Varying deductions apply depending on how much you use the property and whether or not you rent it out.

Read further for tax deduction specifics with highlights from the National Association of REALTOR's article written by Donna Fuscaldo.

Is Your Vacation Home A Vacation Home?
If you purchased your vacation home exclusively for personal enjoyment, you can generally deduct your mortgage interest and real estate taxes, as you would on a primary residence. Use Schedule A to take the deductions.

The IRS allows you to rent out your vacation home for up to 14 days each year without paying taxes on rental income. You may be able to deduct any uninsured casualty losses as well, though you can't write off rental-related expenses. (More below.) If the home is rented for more than 14 days, you must claim the income.

If you own what you consider a vacation home but never visit it, or only rent it out, other tax rules apply. Without personal use the home is considered an investment or rental property by the IRS. Time spent checking in on a house or making repairs doesn't count as personal use.

Tax Deductions For Rental Owners
As an exclusive rental property, you can deduct many expenses including taxes, insurance, mortgage interest, utilities, housekeeping and repairs. Even towels and sheets are deductible. Use Schedule E. You can also write off depreciation, the value lost due to the wear and tear a home experiences over time.

Treat the rental property like a business. Keep detailed records and maintain a separate checking account. Figure you'll spend a couple of hours a week, on average, over the course of the year managing the property.

To maximize deductions you need to be actively involved in the rental property. That means performing such duties as approving new tenants and coming up with rental terms. You also need to own at least 10% of the property. See IRS Publication 527 for details.

If your adjusted gross income is $100,000 or less you can deduct from your taxable income up to $25,000 in rental losses - that is, the difference between your rental income and your rental expenses. The deduction gradually phases out between an AGI of $100,000 and $150,000. You may be able to carry forward excess losses to future years, or use losses to offset taxable gains when you sell.

Expenses can add up. HOA fees, routine maintenance costs and utilities are some of the costs you may be responsible for but could be potential deductions that end up cutting your tax bill.

Mixed Use Of A Vacation Home
The tax picture gets more complicated when in the same year you make personal use of your vacation home and rent it out for more than 14 days. Rental income is tax-free only if you rent for 14 days or fewer.

The key to maximizing deductions is keeping annual personal use of your vacation home to fewer than 15 days or 10% of the total rental days, whichever is greater. In that case the vacation home can be treated as a rental, meaning you get the same generous deductions. To avoid going over the 10% limit, essentially you shouldn't use your vacation home more than one day for every 10 days you rent it.

Make personal use of your vacation home for more than 14 days (or more than 10% of the total rental days), and your deductions may be limited. If your rental income is less than your rental expenses, for example, you can't use the loss to offset other sources of income. There's a worksheet that determines which expenses you can carry over to the following year.

Another Consideration: The IRS requires you to divide expenses between personal use and rental use. Let's say you have a vacation home you personally use for 25 days and rent for 75 days. That's 100 total days of use. You can only write off 75% of the expenses as rental expenses - 75 rental days divided by 100 total days of use works out to 75%. Some of the personal expenses, such as mortgage interest and real estate taxes, may be deductible on Schedule A.

IRS Closes Tax Loophole
A popular strategy used by owners of vacation homes to avoid paying capital gains on a sale was to convert a vacation home into a primary residence. This was accomplished by living in the home for two years out of the previous five before selling. By doing so a gain on the sale of up to $250,000 for single filers ($500,000 for married filing jointly) was tax-free.

The IRS hasn't done away with the capital gains exclusion, but it is closing the loophole for vacation homes. Starting in 2009, you have to pay regular capital gains taxes on the portion of the gain that's equivalent to the time you used the home as a vacation home after 2008.

Source: Topline highlights from article written by Donna Fuscaldo for the National Association of REALTORS
Donna Fuscaldo has written about personal finance for more than 10 years at the Wall Street Journal, Dow Jones Newswires, and Fox Business. Read the full article by clicking here.

Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

QR (Quick Response Barcodes) For Breckenridge Associates Real Estate Listings

2011-07-04T17:49:00.005-06:00

Breckenridge Associates Real Estate's prominent "For Sale" signs are displayed on many properties throughout Breckenridge, Summit and Park County. Now you can quickly find out more about the home for sale by clicking on the QR code displayed on many of our real estate signs. Some new smart phones come with QR code reader software already installed or search for a QR code reader application and click away.

Learn More About QR Codes:
A QR code (short for Quick Response Code) is a specific matrix barcode (or 2-dimensional code) readable by dedicated QR barcode readers and camera telephones. The code consists of black modules arranged in a square pattern on a white background. The information encoded may be text, URL, or other data. Each 2-dimensional code can direct a reader to a different set of information - we use our codes to direct to specific areas in our website. For instance QR codes on our "For Sale" signs will take the reader to an area on our website specific to the property they're viewing.
Click here to read greater detail about QR Codes on Wikipedia.

Following is a recent marketing piece we produced using a QR code to direct readers to our website to begin their property search.

Note: the QR code is the black code in the square box at the bottom of the above image.

Breckenridge Associates Real Estate strives to be a market leader on the cutting edge of new technologies (such as QR Codes) to allow us to be the best marketers our clients' properties.

Please contact Breckenridge Associates Real Estate to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

The Secret Stash - Peak 8 Fun Park At Breckenridge Ski Resort

2011-07-04T17:06:00.006-06:00

Now is the perfect time to spend the day at the Peak 8 Fun Park at the Breckenridge Ski Resort. Ride the gondola to and from Peak 8 and while at the top enjoy fun at the Gold Runner Alpine Coaster, Alpine Slide, Bounce House, Trampoline Bungee, Mini Golf Course, Climbing Wall, Gemstone Panning and more. Your best bet is to buy an activity pass for the day so you can easily check out all the fun. Pack a lunch or eat at the base area. The whole family will enjoy a fun day at Peak 8 Fun Park.

Following are hours and more details to purchase your Peak 8 Fun Park at Breckenridge Ski Resort Activity Pass online.

Location:
Peak 8

All Day Activity Pass Pricing:
Value Season: 6/17-6/30 and 8/15-9/18
Adult: $65
Child (ages 3-7): $32

Regular Season: 7/1-8/14
Adult: $70
Child (ages 3-7): $37
*Senior (ages 70+): $20 is available at the Breckenridge Fun Park ticket office. Not sold online

Hours:
June 17-September 5: 10am-6pm
Fridays & Saturdays July 1-August 14: 10am-7:30pm
September 9-18: Weekends only 10am-6pm

Twilight Pricing:
Twilight Pass*
Adult: $165
Child (ages 3-7): $75
Twilight Ticket*
Adult: $50
Child (ages 3-7): $27
*Twilight Passes and Tickets are valid July 1-August 14, 2011 on Fridays and Saturdays only from 3-7:30pm.

Special! When you book through Breckenridge.com, you get the Value Season price all season long! It's part of our lowest price guarantee! Save when you book now through our website, and avoid paying full price at the ticket window!

Purchase Peak 8 Fun Park at Breckenridge Ski Resort activity passes online by clicking here for details.

Please contact Breckenridge Associates Real Estate to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

Breckenridge Associates Real Estate Honored With 2010 "Best of Business" Award

2011-06-30T14:57:00.003-06:00

Breckenridge Associates Real Estate was recently awarded the 2010 Best of Business Award by the SBCA. The SBCA Press Release follows.

Press Release
FOR IMMEDIATE RELEASE

Breckenridge Associates R.E. Receives 2010 Best of Business Award

SBCA Community's Award Honors the Achievement

PHOENIX, March 21, 2011, Breckenridge Associates R.E. has been selected for the 2010 Best of Business Award in the ASSOCIATIONS category by the SBCA Community.

Being a small business owner sets you apart from most ordinary people and the SBCA Community is dedicated to helping people understand that running their own business is an obtainable goal and that everyone should try their best at living their dreams.

The SBCA Community is pleased to announce that Breckenridge Associates R.E. has been selected for the 2010 Best of Business Award in the ASSOCIATIONS category.

The SBCA Community Best of Business Award Program recognizes the best of small businesses throughout the country. Using the world's most comprehensive directory of business information on people and companies and other research, the SBCA Community identifies companies that we believe have demonstrated what makes small businesses a vital part of the American economy. The SBCA Community recognizes business owners and managers because they often don't get the recognition that they deserve in that they are role models for everyone one in their life whether they know it or not. SBCA Commnuity 2010 Best of Business Award winners are a valuable asset to their community and exemplify what makes small businesses great.

About SBCA Community

SBCA Community is a Phoenx based organization. The SBCA Community is a private sector entity that aims to provide tactical guidance with many day to day issues that small business owners face. In addition to our main goal of providing a central repository of small business operational advice; we use proprietary research to identify companies that exemplify what makes small business a vital part of the American economy.

SOURCE: SBCA Community / FTM Marketing

CONTACT:
FTM Marketing, Inc.
Email: Press@SBCACommunity.com
URL: http://SBCACommunity.com

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Please contact Breckenridge Associates Real Estate to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

The Source Magazine Online, 2011 Summer Edition

2011-06-29T13:34:00.003-06:00

The Summer Source Magazine is hot off the presses and ready to view. Check out hundreds of local Breckenridge, Summit and Park County, Colorado listings in the largest real estate listing guide around. Learn more about our "World Class Service", meet our "Home Town Team" and let us go to work for you in helping find your next perfect mountain property.

The 2011 Summer Source Magazine

Please contact Breckenridge Associates Real Estate to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.

4th of July in Breckenridge and Summit County

2011-06-09T22:07:00.001-06:00

Wherever you are in Summit County on the 4th of July, you're sure to find a full line up of activities to choose from to help celebrate Independence Day.

Breckenridge
7am, Carter Park Independence Day 10k Trail Run
9:30am, Firecracker 50 Mountain Bike Race
10am, Independence Day Parade on Main Street
8:30pm, National Repertory Orchestra Patriotic Celebration at The Riverwalk Center
9:30pm, Fireworks over Main Street
Click here to view the Town of Breckenridge website.

Frisco
Time TBA, Kids Fishing Derby
12:30pm, Main Street Parade, Followed by Live Music
9:30pm, Fireworks Display over Frisco Bay
Click here to view the Town of Frisco website.

Dillon
10am, National Repertory Orchestra, Amphitheatre
Noon, Old Fashioned 4th in Town Park including: Children’s Bike Parade, Watermelon Eating Contest, Turtle Races, Pie Eating Contests, Children’s Crafts & BOCCE Tournament (registration opens at 11am)
3pm, Boat Parade, Dillon Marina & Marina Park
7pm, Live Band, Dillon Amphitheatre
9:30pm, Fireworks Display over Frisco Bay
Click here to view the Town of Dillon website.

Keystone
9am, Kids Free Fishing Derby, Lakeside Village
Timing TBA, Kiddie Bike Parade, River Run Village
11am-3pm, KIDTOPIA Kids Fest, River Run Village
9pm, Fireworks over Lakeside Village
Click here to view the Keystone Resort website.
---Events are weather permitting and subject to change.---

5 Simple Steps for Landscaping in Breckenridge & Summit County

2011-06-09T14:56:00.001-06:00

Now that the snow has melted and we've switching gears to summer, it's the perfect time to spruce up your yard and make it beautiful to enjoy outside in the warmer months. We've compiled a few tips to enhance the look of your landscaping and help create great curb appeal for your mountain home.

1. Spring Clean Up - A tidy driveway, walk way and entrance give a feeling of care and maintenance. Remove clutter around the outside of your home.

2. Add Color - Add colorful pots and hanging baskets with beautiful annuals to make your home look cheerful and inviting.

3. Add Fragrance - Choose plants and flowers with pleasing, sweet and soft aromas. Local nurseries can help you select beautiful smelling flowers that will do well in our climate.

4. Remove Dead Trees and/or Stumps - The recent pine beetle epidemic has left many lots with dead trees or unsightly remnants of those infested trees. Either flush cut and cover or grind the obvious stumps in the focus area around the house.

5. Enhance Existing Landscape - Keep your trees and perennial gardens healthy and showy. Most transplanted trees are placed in the disturbance envelope where the soil was scraped, turned over and compacted during construction. Proper fertilization and soil treatments can help improve the health and appearance of your transplanted trees. Don’t forget to prune dead, broken, and diseased branches from trees and shrubs to give that maintained look.

'A Cut Above Forestry' can help with your landscaping needs. As a multi-faceted company with degreed Certified Arborists, they provide the expertise and professional care. Contact 'A Cut Above Forestry' by June 30th to receive a free estimate and a 15% discount on spring clean-up. 970.453.9154

Summer Events in Breckenridge, Colorado

2011-06-09T14:12:00.000-06:00

There's lots on-tap in Breckenridge and Summit County this summer. Check out this summer's event calendar for summer events around the county.

Join Us For the NRO Porch Series Concerts this Summer

2011-06-09T14:07:00.000-06:00

It's summertime in Breckenridge and we're enjoying the sunshine and beautiful weather. The local towns and resorts are kicking off summer events and festivals and we too are proud to announce the dates for the Breckenridge Associates Real Estate NRO Porch Series, a summer concert series on our front lawn throughout July. Hope you can join us at our Main Street office (located between Starbucks and Bubba Gumps) to listen to the wonderful performances by the National Repertory Orchestra.

Saturday, July 2, 2011 at 1:00 pm
Friday, July 8, 2011 at 5:30 pm
Friday, July 15, 2011 at 5:30 pm
Friday, July 22, 2011 at 5:30 pm*
Friday, July 29, 2011 at 5:30 pm
*Performance by the Breckenridge Music Festival

NRO Porch Series, NRO Musicians on the Porch of Breckenridge Associates Real Estate

NRO Porch Series, Guests enjoying the music of the NRO ensemble

NRO Porch Series, A view of the NRO ensemble from the Breckenridge Associates Real Estate lawn

Breckenridge's Real Estate Hot List - June 2011

2011-06-09T13:08:00.001-06:00

Welcome and thanks for reading the Breckenridge Associates Real Estate Top 5 Real Estate deals! We're happy to announce that nearly 50% of the Top 5 Deals we've put out there (since we started this monthly article 9 months ago) have sold! With that said, it's time for our Top 5 Real Estate Deals for June and we have some real deals ready for you. Breckenridge's June Real Estate Hot List focuses on 3 condo units and 2 homes. Check them out, they won't last long!

Blazing Saddles Condo - Breckenridge, Colorado
An incredible opportunity to own at the bottom of the Four O'Clock Ski run and in town Breckenridge! This charming studio offers everything you need in an easy to own package. Walk to the lifts or shuttle to ski, listen to the music from the Riverwalk all summer long from your couch. Walk to all that Main Street has to offer! $159,000
www.BreckenridgeAssociates.com/S374268

Main Street Station - Breckenridge, Colorado
Don’t miss out on this Short Sale! Great furnished one bedroom in the heart of Breckenridge with all of the amenities: walk to ski slopes and around town. Amenities include outdoor pool, 7 hot tubs, fitness center and underground heated garage. This complex is adjacent to both the Blue River and Maggie Pond. $355,000
www.BreckenridgeAssociates.com/S375869

Spinnaker at Lake Dillon Condo - Dillon, Colorado
The most incredible views of Lake Dillon and the surrounding mountains from the deck of this beautifully remodeled home. Both of the 2 bedrooms are very spacious, as is the living and dining area. The 2 bathrooms have been updated with designer touches. Includes, wood floor, gas fireplace, washer/dryer, and underground heated parking and indoor pool. $389,000
www.BreckenridgeAssociates.com/S370301

Quandary Village - Breckenridge, Colorado
Must see the upgraded finishes, mountain views, gorgeous stone wood burning fireplace plus 2 gas fireplaces. This property features vaulted ceilings, exposed wood beams, wood and travertine floors, stainless steel appliances, slab granite counters. Perfect for gathering your whole family in the large family/game room, walk-out basement and its 4 sunny decks. $665,000
www.breckenridgeassociates.com/S376189

97 South - Breckenridge, Colorado
Beautiful five bedroom, luxury home situated among a gorgeous aspen grove and mature pines on nearly 2 acres and adjacent to the National Forest. Must see to appreciate the log accents, vaulted ceilings, exquisite finishes and sweeping mountain views only minutes from Breckenridge. Many recent upgrades include new furnace, new roof and gutters, heat tape and fresh paint inside and out. Perfect second home, vacation rental home or investment property. $1,000,000
www.BreckenridgeAssociates.com/S376124

May 2011: The Source Newsletter

2011-05-05T12:08:00.000-06:00

Our latest and greatest Source Newsletter is available online. Get Breckenridge real estate news and a sample of our listings here.

Click here for the latest news about Breckenridge Real Estate.

Breckenridge Associates Real Estate Welcomes New Broker/Partner

2011-05-04T08:00:00.009-06:00

Media Contact: Laurie Huggins
Office: 970-453-2200
Cell: 970-389-4000
Laurie@BreckenridgeAssociates.com
www.BreckenridgeAssociates.com

For Immediate Release

BRECKENRIDGE ASSOCIATES REAL ESTATE WELCOMES NEW BROKER/PARTNER.

Breckenridge, CO, May 4, 2011 – Breckenridge Associates Real Estate is pleased to announce Stephany Epps has joined our team as Broker/Partner. A long time local, living in Summit County for 25 years, we are proud to welcome Stephany to our Home Town Team.

“Stephany’s values, successes and personality are a perfect complement to our company’s core values and customer commitment. We’re thrilled to have her on board,” said Laurie Huggins, Managing Partner, Breckenridge Associates Real Estate.

Stephany comes to Breckenridge Associates Real Estate after 10 years as a top performing Agent with Prudential. During her tenure she achieved the Chairman’s Circle Award seven times, an award given to the top 2% of Agents in the Prudential National Corporation. In 2007, she earned the Legend Award for inspirational achievements 5 or more years of perseverance, expertise and consistency.

Stephany is consistently one of the top five producing agents in Summit County and was one of the top performing agents in 2009, a great success in what was a very challenging year for real estate. Her World Class Service, local knowledge and achievements are the perfect additions to our growing team.

Stephany can be reached at 970.547.7731 or Stephany@BreckenridgeAssociates.com.

About Breckenridge Associates Real Estate
Breckenridge Associates Real Estate is a top performing Breckenridge and Summit County real estate Brokerage. Breckenridge Associates Real Estate is a locally owned and operated company comprised of 16 Partner/Brokers, located on historic Main Street, Breckenridge, CO. 970.453.2200 | www.BreckenridgeAssociates.com

Click here for the latest news about Breckenridge Real Estate.

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Fortune Magazine - It's Time To Buy Again

2011-05-03T23:13:00.002-06:00

Shawn Tully, Senior Editor-At-Large for Fortune Magazine suggests the housing market is back in a recent Fortune Magazine article. He cites two factors that are shaping the real estate market up for recovery - a historic drop in new construction and a steep decline in pricing. Both new construction and pricing have been low due to demand, but Tully suggests this is about to change as the economy and consumer confidence get back to normal levels. Many renters are being lured into the market as the cost of buying has become more appealing; the cost of renting a home can be more than the mortgage would be for the same home. Non-distressed markets, such as the Breckenridge, have a reduced inventory of homes for sale. A modest increase in demand would mean prices will start to shift upward.

Click here to read the full Fortune Magazine article.

There isn't a better time than now to buy real estate in Breckenridge. It is a Buyer's market and Sellers are pricing competitively. Many signs are pointing to market stability in Breckenridge. Greater demand will produce higher prices. Get in now and enjoy your home during the summer months. Contact your Broker/Partner today to learn more about local real estate opportunities.

Click here for the latest news about Breckenridge Real Estate.

Did You Know? Breckenridge Real Estate Update & Outlook

2011-05-03T23:00:00.004-06:00

2010 Real Estate Recap
Local real estate in 2010 proved to be a year of rebuilding and gathering strength for real estate in Breckenridge. Our market made great strides over 2009 with significant sales volume increases in Single Family Homes, Condos and Land as well as a reduction in existing inventory overall. Breckenridge Associates Real Estate was the top performing office in Breckenridge sales transactions for the year. We represented a combination of 110 listing and selling sides in Breckenridge, or 13% of the 816 total sales sides for the year.

2011 1st Quarter Real Estate Sales Transactions & Volume
The first quarter of 2011 has shown continued upward momentum in Breckenridge real estate when compared to the first three months of 2010. At the close of the quarter, sales transactions were up more than 33% over the same time frame last year and nearly tripled from the first quarter of 2009.

Our real estate office continues to be a top performer in transaction numbers for Breckenridge into the first quarter of this year. As of March 1, we were involved in 15% of Breckenridge
sales transactions year to date.

2011 Market Trends – Pricing & Foreclosures
It is still a Buyer’s Market, however we have seen pricing somewhat stabilize throughout Breckenridge. Many sellers have come down considerably from their original asking price and have priced to sell. When sellers are pricing their property in line with where it should be in the marketplace, sales are happening. Our real estate team can provide insight on pricing your property to sell as we move into the prime real estate season.

While the Breckenridge market wasn’t hit as hard and fast with foreclosures as witnessed at a national level, we have seen a growing number of foreclosures in recent years. In 2009 there were 47 foreclosures, 2010 had 104 foreclosures and so far there have already been 59 foreclosures in 2011 (January 1 – April 15).

If you might be facing a foreclosure on your property, we can help. Contact our experienced real estate team to discuss the short sale process, a possible alternative to foreclosing on your home.

2011 Pending Sales & Looking Ahead
Pending sales help to paint a clear picture of what is happening now in the market. Breckenridge shows 69 properties under contract (as of April 20, 2011): Single Family = 5, Duplex = 2, Condos = 19 and Townhome = 1 . When compared to first quarter sales transaction numbers of 2010, these contracts are positive signs of market stabilization.

If you are considering listing your Breckenridge property this summer, contact your real estate Broker now to begin the process and take full advantage of maximizing your listing’s exposure.

At Breckenridge Associates Real Estate, we care about you. We care about your home. We’ll take care of you and help you achieve your goals. You are our priority. Contact our team of Brokers to learn more about how we can represent you and the sale of your home.

Source: 2009, 2010 Year End MLS Data & 2011 MLS Data – January-April, 2011.

Click here for the latest news about Breckenridge Real Estate.

Secret Stash - 2 For 1 Deals On Dining

2011-05-03T21:15:00.005-06:00

Once the ski resorts close for the ski season, many of the local restaurants offer great discounts during the off season. May is the perfect time to try a new dining experience in Breckenridge and not break the bank. Check the Summit Daily News newspaper daily for 2 for 1 restaurant deals. Participating restaurants will change throughout the month. Some restaurants require you to present the ad with your reservation to guarantee the 2 for 1 deal.

Click here for the latest news about Breckenridge Real Estate.

Breckenridge's Real Estate Hot List - April 2011

2011-04-06T21:47:00.006-06:00

Breckenridge's April Real Estate Hot List focuses on some amazing Breckenridge real estate condo deals in the heart of Breckenridge. Watch the video for our Top 5 picks and view the property detail by clicking the links below. Contact your Breckenridge Associates Broker to learn more about the real estate deals featured here.

1.) Crystal Peak Lodge-Unit 7102, Breckenridge
This is the largest 1 bedroom, 1 bath unit in the Crystal Peak Lodge complex, measuring 791 square feet. This property is a true ski-in, ski-out condominium at the base of Peak 7 with all the amenities you would expect from Vail Resorts – Spa, restaurant, fitness center, lounge, and a locker room right down the hall. In addition to being on the ski slope, Crystal Peak Lodge is just steps from the Peaks Trailhead. Enjoy an awesome Nordic ski or snowshoe trail in the winter and one of my favorite mountain bike trails in the summer!
Crystal Peak Lodge Unit 7102 - $775,000

2.) Wildwood Lodge-Unit 107, Breckenridge
The Wildwood Lodge condo is another great deal at just $229,500. This 1 bedroom, 1 bath unit is 448 square feet and is priced $30,000 less than comparable units in the building. Unit 107 is South-facing along the babbling Sawmill Creek and sits in the woods just steps from the ski run. Wildwood Lodge is very well managed and feels like an escape from town while being just a block off Main Street, Breckenridge.
Wildwood Lodge-Unit 107 - $229,500

3.) Ski Hill Condo-Unit 48, Breckenridge
This 960 square foot, 2 bedroom, 2 bath unit has an onsite pool, spa, elevator and covered parking. This meticulously maintained property is 1 block from Main Street and 1 block from the Gondola Base. This is the best price for a 2 bedroom ski condo with an excellent location.
Ski Hill Condo - $365,000

4.) Beaver Run-Unit 4114, Breckenridge
Beaver Run has always been the benchmark ski-in, ski-out property in Breckenridge and this unit does not disappoint! This 509 square foot, 1 bedroom, 1 bath unit is located in Building 4, the newest building at Beaver Run. This property has every amenity imaginable from pool to spa, restaurant, arcade and a full conference facility. This is a fantastic rental and you will enjoy the easy skiing access with a high-speed chairlift right out your door!
Beaver Run-Unit 4114 - $265,000

5.) The Corral-Unit 108S, Breckenridge
This 3 bedroom, 3 bath, 1390 square foot unit is priced lower than 2 bedroom units in the same complex! It is beautifully furnished with 2 large patios and a private hot tub. With its location on the bus route and just a short stroll to Peak 9 lifts, this is an incredible deal! An unreal price for an exceptional property in Breckenridge.
The Corral-Unit 108S-$565,000

The links to previous Breckenridge Real Estate Hot Lists follow here:
September 2010 Breckenridge Real Estate Hot List
October 2010 Breckenridge Real Estate Hot List
November 2010 Breckenridge Real Estate Hot List
December 2010 Breckenridge Real Estate Hot List
January 2011 Breckenridge Real Estate Hot List
February 2011 Breckenridge Real Estate Hot List
March 2011 Breckenridge Real Estate Hot List

Please contact us to learn more about these and other real estate deals in Summit County. 800.774.7970 or 970.453.2200.

Click here for the latest news about Breckenridge Real Estate.

Did You Know? Vacation & Investment Home Sales – Breckenridge vs. National Averages

2011-04-06T21:10:00.003-06:00

New data from the National Association of REALTORS indicates second home market share held even in 2010 in terms of vacation- and investment-home sales. Research shows this segment of the market held steady over 2009, even with transactions declining nationally, suggesting inventory in the second home market is moving at a national level. This is especially good news for healthy destination markets like Breckenridge, which already skew well above national averages in the market segment of secondary home ownership.

Let’s take a closer look at the national data compared to data specific to the local real estate market in Breckenridge.

Nationwide Vacation- & Investment-Home Sales
The number of total real estate transactions fell in 2010, but the percentage of 2010 vacation- and investment- home transactions remained unchanged from 2009 in terms of market share. Vacation home sales accounted for 10% of market share and investment sales maintained 17%.

Despite the challenging credit conditions for 2010, this market segment remained stable with 59% of investment- and 36% of vacation-buyers paying cash for their home purchase.

Read more about national sales statistics from this NAR article, Vacation- and Investment-Home Shares Hold Even in 2010.

Breckenridge Second Home Sales
Unlike national real estate sales numbers who experienced a decline in total transactions in 2010 when compared to 2009, Breckenridge experienced growth in most areas during this timeframe. Overall, 2010 showed a 57% increase in total sales volume, a 45% increase in vacant land sales, a significant jump in condo sales and a decline in inventory. You can read full details of the 2010 Market Recap here.

Steady sales in second homes at a local level are a good indication that sellers in Breckenridge are pricing their properties to sell. Average sales prices dropped from 2009 to 2010 in Single Family Residences and Duplexes from $1,042,664 to $954,576. And although Condos and Townhomes showed a year-over-year increase in average sales prices (from $503,096 in 2009 to $590,676), this number was significantly boosted by One Ski Hill Place closings, a large condo development at the base area of Peak 8 of the Breckenridge Ski Resort.

Now is the perfect time to consider a property in Breckenridge. As what may be “the best ski season of all time” comes to a close, there will be new opportunities to enter into the local second home market. Buy now, take advantage of current prices and mortgage rates and enjoy the summer in Breckenridge.

To learn more about local trends and statistics in the second home market in Breckenridge, contact your Broker today.

Secret Stash – April’s Jam Packed With Live Music In The Mountains

2011-04-06T20:55:00.002-06:00

It’s hard to believe this epic snow year is winding down and coming to a close. We hope you’re able to get out there and make a few more turns before the end of the season. It doesn’t get much better than a warm spring bluebird ski day in the mountains. In honor of an incredible, snowy ski season, Summit County ski resorts know how to throw the best end-of-year party with lots of live (and mostly FREE) music. Check out some of the music on tap in April at our local ski resorts below.

Breckenridge Ski Resort
It’s Spring Fever in Breckenridge with a hot line-up of concerts throughout April. Get to the base area at Peak 8 from 3-5pm Saturday and Sunday afternoons in April for the Bud Light Concert Series’ free concerts, with live bands performing on the specially-constructed Bud Light stage. And if you’re looking for even more live music, there’s more to be found on select evenings throughout the month at the Riverwalk Performing Arts Center from 5:30-7pm.

Saturday, April 9
3-5pm, Bud Light Concert Series: The Wailers are legendary reggae icons carrying on Bob Marley’s legacy. Located at the Peak 8 base area. Concert is FREE.

Sunday, April 10
3-5pm, Bud Light Concert Series: Ozomatli is an LA-based group with a great live presence, brewing a vital concoction of Latin salsa, urban hip-hop, and jazz-funk Located at the Peak 8 base area. Concert is FREE.

Friday, April 15
5:30-7pm, Breck “Retro Fever” Riverwalk Concert: Moses Jones. The some 12-person band relies on their tight rhythm section, solid horns and smooth vocals to deliver a mix of funk, soul, R&B and disco. Concert is FREE.

Saturday, April 16
3-5pm, Bud Light Concert Series: Moe is honest, heartfelt rock from this East Coast that’s been a mainstay for 2 decades. Located at the Peak 8 base area. Concert is FREE.

5:30-7pm, Breck “Retro Fever” Riverwalk Concert: Jakarta. Denver-based Jakarta brings the sounds of old-school funk and Motown to keep the crowds moving on the dance floor. Concert is FREE.

Sunday, April 17
3-5pm, Bud Light Concert Series: DeVotchKa are Colorado natives with their own unique Gypsy style, providing live multi-instrumental performances like no other. Located at the Peak 8 base area. Concert is FREE.

Visit www.BreckenridgeRiverwalkCenter.com or www.breckenridge.com for more information on Spring Fever in Breckenridge.

Copper Mountain Resort
Copper winds down the ski season with its annual music bash celebration, Sunsation. Enjoy live music all day each day of the two last weekends of the ski season at Copper Mountain. While you’re there, you might catch some more fun and games – including the Red Bull 1976 Games the first weekend and an Easter Celebration on closing weekend.

Saturday, April 16
Live music all day with headliners, Gin Blossoms. Fueled by mega-hits including "Hey Jealousy," "Found Out About You" and "Til I Hear It From You," Gin Blossoms completed the classic crossover from college-circuit heroes to multi-platinum album sellers. Concert is FREE.

Sunday, April 17
Live music all day with headliners, Quiet Riot. Quiet Riot is an American heavy metal band, best known for their hit singles “Cum On Feel the Noize” and “Metal Health.” They are ranked in VH1's “100 Greatest Artists of Hard Rock.” Concert is FREE.

Sunday Evening @ 7:30pm, live music in the Copper Conference Center by MiMOSA w/Archnemesis and Frequent-C. Tickets for this show are $20 in advance and $25 day of show. Purchase tickets at www.GigDigger.com.

Saturday, April 23
Live music all day, with headliners The Samples, making sure to keep things hot! The Samples are a band formed in Boulder, CO in early 1987. The band's name came from the members' early sustenance of food samples from the local grocery store. The music has been described as "reggae influenced folk and rock/pop." Concert is FREE.

Saturday, April 24
Live music all day, with headliners Reel Big Fish! Reel Big Fish was one of the legions of Southern California ska-punk bands to edge into the mainstream following the mid-’90s success of No Doubt and Sublime. Concert is FREE.

Learn more about the bands and live music schedule at www.coppersunsation.com

Keystone Ski Resort
Keystone wraps up the season with a fun weekend, including a concert-filled Saturday.

Saturday, April 9
4-7pm, River Run Rocks with Robert Earl Keen. Country music and music lovers of all ages will enjoy this concert. Keep the kids entertained during the concert with village activities. Located in River Run Village. Concert is FREE.

7:30pm, A Keystone Night with the David Sanborn Trio and special guest Joey DeFrancesco. Celebrate the evening with three-time Grammy award-winning and highly celebrated saxophoist, David Sanborn. Located at Warren Station in River Run Village. Ticket are $30, call 970.496.4386 to reserve your tickets today.

Remember To Buy Locally

2011-04-06T20:54:00.003-06:00

As we jump feet first into Spring with Summer not too far behind, we think about the transition of local business and what it means in to our community. We’ll soon be saying goodbye to skiing and snowboarding and hello to fly fishing and golf. We’ll shift from evenings at home cozied up by the fire and into longer and warmer days ahead, dining and playing outside. While many of us make a point to leave during the shoulder season following the winter wrap-up, when we return we should remember how important it is to support our local community by buying locally and supporting our local businesses as they ramp up for Summer.

The Breckenridge Associates Real Estate “Home Town Team” of Brokers are each partners of a locally-owned and operated real estate company and have decades of local experience in Breckenridge and Summit County. Not only are we prepared to work for you to seamlessly represent your mountain property purchase or sale, but we can also connect you to our community of the best local businesses. We’re more than happy to share our recommendations on everything from who the best repairmen and gardeners are in town to where to find the best sunny deck for lunch and which store has the best finds on outdoor gear. Please don’t hesitate to ask – we are here for you.

Click here for the latest news about Breckenridge Real Estate.

Breckenridge Associates Real Estate - March 2011 Newsletter

2011-03-22T11:00:00.000-06:00

The March Source Real Estate Newsletter is live. Read our real estate update, learn about Breckenridge Associates Real Estate's Home Town Team and view a sampling of our real estate listings throughout Breckenridge, Frisco, Dillon, Keystone, Silverthorne, Copper Mountain and Summit & Park County.

Contact our real estate team to learn more real estate in Breckenridge, Summit and Park County. 800.774.7970 or 970.453.2200.

Click here for the latest news about Breckenridge Real Estate.

Breckenridge's Real Estate Hot List - March 2011

2011-03-13T20:30:00.008-06:00

Our picks for Breckenridge's March Hot List focus on some amazing real estate deals in Breckenridge. Watch the video for our Top 5 picks and view the property detail by clicking the links below. Contact your Breckenridge Associates Broker to learn more about the real estate deals featured here.

1.) 1208 Brooks Hill Drive, Breckenridge
Gather your family and enjoy Red Mountain views, your sunny deck and quality finishes including wood floors, granite counters, and stainless steel appliances. 4 bedrooms, 3.5 baths, additional bunk room or office, and walk-out family room with wet bar for entertaining.
1208 Brooks Hill Drive, Breckenridge - $1,039,000 (Just Reduced)

2.) 321 Lakeview Drive, Silverthorne
Take in spectacular views of Lake Dillon and Keystone Ski Area from this Mesa Cortina home. 4 bedrooms, 2 ½ baths, 2 family rooms, and a double sided gas fireplace. Enjoy a BBQ on your spacious deck, and 2-car garage. Beautiful furnishings included.
321 Lakeview Drive, Silverthorne - $599,000
***UPDATE: MARCH 16, 2011***NOW UNDER CONTRACT. Note: Above Property link now may not link to property***

3.) Ski Hill Condominium, Breckenridge
Walk over to the gondola and keep your eyes open to spot moose in the valley on your ride up to the slopes. This 2 bedroom, 2 bath has an on-site swimming pool, relaxing hot tubs and an easy walk around Breckenridge for shopping and restaurants. Fully furnished.
Ski Hill Condominium, Breckenridge - $365,000

4.) Grandview Condominium, Breckenridge
Ski back on the 4 O’Clock Ski Run in Breckenridge. Fabulous Baldy Mountain views and an outside storage closet to stow your gear. Private deck and your own washer and dryer make this the perfect mountain getaway. Furnished. Grandview Condominium, Breckenridge - $220,000

5.) Village at Breckenridge Condominium, Breckenridge
Ski-in/ski-out, 2 bedroom condominium at the Village at Breckenridge, located at the Base of Peak 9, and adjacent to the Maggie Pond. A beautiful exterior remodel has just been completed. Enjoy the staggering panoramic views of Breckenridge Ski Area and the Blue River. Prime location and prime rentals. Furnished. Village at Breckenridge Condominium, Breckenridge - $598,000

The links to previous Breckenridge Real Estate Hot Lists follow here:
September 2010 Breckenridge Real Estate Hot List
October 2010 Breckenridge Real Estate Hot List
November 2010 Breckenridge Real Estate Hot List
December 2010 Breckenridge Real Estate Hot List
January 2011 Breckenridge Real Estate Hot List
February 2011 Breckenridge Real Estate Hot List

Please contact us to learn more about these and other real estate deals in Summit County. 800.774.7970 or 970.453.2200.

Click here for the latest news about Breckenridge Real Estate.

Secret Stash – Hook Up Yourself & Your Friends With Lift Ticket Deals

2011-03-09T21:39:00.009-07:00

Ullr has really come through this year! It’s been the season of snow we’ve been dreaming of and it just keeps coming. Our extra beds and couches have been fully taken advantage of by friends and family enjoying our supreme ski conditions. We can’t imagine a better place to show off this winter than Breckenridge.

With so much skiing to be had this season, we wanted to remind you of season pass benefits and lift ticket discounts you may or may not be aware of for you and your out-of-town guests. Also, Vail Resorts passes for the 2011-2012 season are on sale now.

Copper Mountain – Ski Free Deal
If you purchase 10 gallons of more of fuel from a participating Shell Gas Station in Colorado, you may purchase an adult lift ticket and get a second ticket free for a friend. Just have the station attendant stamp your voucher and gas receipt and take the voucher and receipt to the lift ticket window at Copper to redeem. Both tickets must be used the same day. This offer is valid throughout the remainder of the ski season at Copper Mountain.

Vail Resorts – Current 2010-2011 Season Passholders
If you purchased a Colorado Pass, Summit Pass or Keystone Arapahoe Basin Pass for the 2010-2011 Ski Season prior to June 1, 2010 – you should have received 4 Buddy Coupons that guarantee you the rate of $59 lift tickets good any day of the season. Additionally, if you purchased any of the above mentioned Vail Resorts passes at any time prior to this ski season, you received 6 Ski With a Friend Days which give you access to approximately $20 off the daily window lift ticket rate. These discounts are valid through the end of the season, so don’t forget to use them.

Vail Resorts – 2011-2012 Season Passes Now On Sale
Vail Resorts season passes for next season are now on sale for the 2011-2012 ski season. Purchasing or renewing your pass this spring gets you access to great benefits - including summer admission, ski buddy passes and discounts for next season. You only have to put $49 down now to guarantee these benefits. Visit the pass sales website, www.snow.com to purchase.

Visit www.coppercolorado.com or www.snow.com for details or more information.

Click here for the latest news about Breckenridge Real Estate.

Market Update - Has Our Real Estate Market Turned The Corner?

2011-03-09T21:33:00.007-07:00

After the economic sluggishness of 2010, it is easy to paint a picture of the local Breckenridge real estate market in a decline. One can certainly find numbers that indicate receding prices and dropping numbers of sales in segments of the local market. However, this tells only part of the story and ignores some other signs pointing toward recovery.

As we have wrapped up 2010 and are springing forward well into 2011, there are some clear trends that indicate a gathering strength in our marketplace. In a nutshell, 2010 revealed a dramatic increase in total sales volume, a surge in sales of condos and townhomes, a drop of existing inventory of properties for sale, a jump in sales of vacant land and a clear 4th quarter spike in properties going into contract. Let’s take a closer look.

57% Increase In Total Sales Volume
2010 saw an increase in total sales volume in almost every property category in Breckenridge. Single Family Homes increased $52.8 million from $95.33 million to $148.14 million. Sales volume for Vacant Land increased by $6.71 million. Duplexes decreased total volume by $5.4 million. However, Condominiums more than doubled from $50.9 million to $109.83 million in dollar volume, bringing the total Breckenridge increase from $194.63 million to $305.07 million, a 57% increase for the year.

Condominium Sales Jump
Breckenridge Condominiums and Townhomes were clearly the big winner in 2010. Sales of actual units posted a healthy jump to 225 units in 2010, compared to 152 in 2009 – a 48% increase. The average sale price also increased 33.5%, from $435,317 in 2009 to $581,089 in 2010. While this increase certainly reflects the closing of units in Vail Resorts’ new One Ski Hill Place (at much higher unit prices), sales of all other units has picked up briskly, and as of as of March 5, 2011 there were 41 Condo and Townhome sales and 19 under contract.

Existing Inventory Shrinks
One clear and necessary step in real estate market recovery is absorption of existing inventory. As properties take longer to sell there become a growing number of properties on the market, thus contributing to downward pressure on real estate prices.

The good news is that we have witnessed a drop in existing inventory for sale in 2010 for just about every Breckenridge property category: Single Family Homes inventory down by 4.6%, Duplex inventory down by 17.6%. Condominium inventory decreased by 9.1%, and Townhome inventory increased by 17.4%.

Specifically, in The Highlands area, which generally counts for about half of the home sales over $1 million, the inventory of existing homes for sale has dwindled from 59 at the end of 2009, to 27 currently. 2010 sales in The Highlands area held their own quite respectably with 31 sales, compared to 32 sales in 2009 — bucking the decline in the Breckenridge Single Family Homes category. A shrinking inventory is important for all of us, as it is a clear signal that our market is regaining its vitality and shrugging off its doldrums.

Vacant Land Sales Up 45%
It wasn’t long ago that you could count the number of building permit applications at the building department on the fingers of one hand. While it does not herald a building boom, 2010 Breckenridge area land sales spiked from 40 in 2009 to 58 in 2010, a 45% increase. People looking to invest millions in new construction is a significant influencer in the long term faith in our area’s market. Clearly, construction has always been a principal economic driver for all segments the Breckenridge community and local economy.

What’s Happening Now? – Pending Sales
One of the difficulties with the real estate appraisers’ view, and sales data in general is that they only look at what has already happened — looking in the rear view mirror. To see where you are going you need to look ahead – through the windshield. That windshield is pending real estate sales. This is the picture of what is currently happening in the local real estate market. The 4th quarter of 2010 witnessed a clear uptick in people writing contracts on real estate, with a total of 18 properties over $1 million going into contract, compared to 11 in the 4th quarter of 2009. In the first two months of 2011 , 42 properties went into contract – and 10 of the properties were over $1 million. As we go into the early part of 2011 , Breckenridge shows the following properties pending contract (as of March 5, 2011 ): Single Family = 30, Duplex/Townhome = 10, Condos = 19.

The Breckenridge real estate market is in a state of flux and appears to be on the mend. Call your Broker/Partner today to learn more about buying or selling real estate in Breckenridge and the surrounding areas.

Click here for the latest news about Breckenridge Real Estate.

Did You Know? Breckenridge Tourism Numbers Point To Economic Recovery

2011-03-09T21:27:00.005-07:00

Recent indicators in ski resort, lodging and local business numbers suggest Breckenridge and Summit County tourism may be recovering in today’s economy, according to a recent Summit Daily News article. Growth in lodging occupancy, retail and restaurant sales tax revenue increases, an outstanding month of December and better than average snowfall have contributed to a successful ski season thus far.

Lodging occupancy in Breckenridge jumped 7 percent in 2010, according to Mountain Travel Research Program (MTRiP) and as of March 3, winter season bookings were pacing 4 percent ahead of last year. Restaurant and retail sales tax revenue increased nearly 7 percent. This was the first increase seen in tax revenue in 2 years for these lines of business. December has been cited as the best month in 10 years for Breckenridge restaurants.

Although Breckenridge weathered the storm of the recession fairly well to begin with when compared to other ski resort destinations, it is great to see business improving and making up any lost ground. Positive results are expected well into March with occupancy forecasted at 90 percent mid-month.

Snow, snow and lots more snow has certainly been another piece of the puzzle helping to drive skier visits into Breckenridge this ski season. Snowfall resulting in increased visitation has likely worked in the favor of boosting sales at local businesses. Breckenridge has already surpassed typical annual snowfall averages in February with more than 300 inches as of February 18.

View the complete article titled Hard numbers point to economic recovery In Summit County as reported by the Summit Daily News on March 3, 2011.

Click here for the latest news about Breckenridge Real Estate.

Spring Forward – Change Your Clocks Saturday

2011-03-09T21:25:00.000-07:00

Attention Breckenridge, Colorado - Remember to set your clocks ahead one hour this Saturday evening as Daylight Savings time begins Sunday, March 13 at 2am.

Did You Know? Winter Curb Appeal

2011-02-21T12:11:00.000-07:00

Yes, it’s cold and snowy outside, but that doesn’t mean the perfect buyer isn’t out there ready to view your property throughout the winter months. While other markets may experience significantly less activity during the winter, Breckenridge and Summit County’s peak visitation is during these cold months. Summer months are typically when we experience the highest number of real estate sales transactions, however we show property to many qualified buyers throughout the busy winter season. With Breckenridge Ski Resort alone sustaining more than 1 million skier visits in a typical winter, there is a definite opportunity to catch the eye of the in-town visitor.

Sellers should take the time to consider their home’s Winter Curb Appeal and how inviting their property is during the winter. There is a huge opportunity to have the competitive edge on other sellers in our market by making your property more inviting during the winter season.

Following are a few tips to keep in mind to achieve better Winter Curb Appeal:
1.) Safety First – a top priority. Make sure buyers can make it safely to your door. Keep your driveway and walkways clear of ice and snow.
2.) Outdoor Lighting – winter days are shorter. Days are shorter and a little lighting can go a long way in boosting your home’s appeal.
3.) Holiday Décor – go easy on the holidays. Don’t deter your buyers with unique holiday lights (i.e. giant inflatable Rudolph). Instead stick to the basic lights that won’t distract the buyer, but will best showcase your property. A winter ski resort community such as ours can get away with having lights up a little longer than most, just don’t go overboard.
4.) Fresh paint – think about fresh paint in the fall and how bare trees in the winter show off more of your home, including chipped paint.

Contact your Breckenridge Associates Real Estate Broker for suggestions on how to help your property stand among the competition now. With thoughtful Winter Curb Appeal, you’ll surely make an impression on buyers in the area.

Source: HGTV.com

Click here for the latest news about Breckenridge Real Estate.

Market Update – The Cost Of Waiting For The Bottom To Hit

2011-02-21T11:59:00.002-07:00

Are you a buyer waiting on the sidelines for the bottom to hit on real estate pricing? It’s a tough position to be in, knowing when to make the move to buy. But you don’t want to be looking back in a year thinking “That’s when I should have jumped at the opportunity.” like many buyers do – looking back on what was a great buying opportunity.

While we can’t guarantee prices won’t fall more in the Breckenridge market, we can say buyers should consider focusing on the broader scope of a real estate purchase with a hard look at what’s happening in our market. Let's take a closer look at what we know in terms of real estate sales combined with what current interest rates actually mean to the bigger picture of the purchase.

Here’s what we know:
1.) Breckenridge real estate in 2010 closed with an increase in sales volume, a surge in condo and townhome sales, a drop in inventory and a clear spike in 4th quarter pending real estate sales.
2.) Nationally, single family home prices have remained stable when comparing the 4th quarter of 2010 to the same time period in 2009.
3.) Recent news has shown upward pressure on mortgage rates pushing a 30-year fixed-rate mortgage to the highest since April 2010.

What this means:

If prices continue to fall another 10 percent this year and mortgage rates go up another point, the cost of the home will increase. With the current real estate market happenings and mortgage rates on the rise, there is no better time than now to consider a home purchase. Contact your Broker/Partner to learn more about real estate in Breckenridge and the surrounding areas.

Source: 2010 MLS Data, Keeping Current Matters, National Association of Realtors (NAR)

Click here for the latest news about Breckenridge Real Estate.

The Secret Stash – Tubing in Frisco

2011-02-21T11:55:00.001-07:00

We’re really liking the newly opened Frisco Adventure Park Tubing Hill. Not only is it easy to access from anywhere in Summit County, but it has 600-foot tubing lanes, open Thursday – Monday this winter and until 8pm and is fun for all ages.

Some tips: reservations recommended. Call 970.669.2558. Or, visit the Frisco Adventure Park website for more information, including directions and pricing.

Save $5 this season by clicking on the Parents Handbook link and printing the coupon.

Click here for the latest news about Breckenridge Real Estate.

International Snow Sculpture Championships – Results & Photos

2011-02-21T11:36:00.012-07:00

It was another beautiful display of snow art following the International Snow Sculpture Championships in Breckenridge late January, where 15 teams from around the globe got together to shape their 12 foot tall blocks of snow into a walking gallery of beautiful snow sculptures. This year, the art display was even kicked up a notch with new LED lighting, showing off the great detail of the sculptures after sunset.

"Team Budweiser" responsible for the Budweiser Sponsor's Gateway piece (shown below) had some familiar Breckenridge Associates Real Estate faces - Rob Neyland, Ron Shelton and Tom Day. They, along with team members - Aaron Kriss, Amanda Kriss Sara Thomas and Tim Schwander worked to create the beautiful Budweiser piece, featuring the famed clydesdale horses.

"Team Budweiser": Rob Neyland, Ron Shelton & Tom Day (of Breckenridge Associates Real Estate) plus Aaron Kriss, Amanda Kriss, Sara Thomas and Tim Schwander: Budweiser Gateway sculpture (above). Photos Courtesy Of: Ron Shelton & Rob Neyland

1st Place: Team Mexico, “Alebrije” (below)

Photo Courtesy Of: Ron Shelton

2nd Place: Team Canada Yukon, “Spirits Of The Aurora” (below)

Photo Courtesy Of: Ron Shelton

The recently extended “Team Breck” with captain Keith Martin, joined forces with Tim West, Rob Baker and David Pfau to carve the 3rd place creation titled “Underwater” featured below. Keith and crew got their itch to compete in the International Snow Sculpture Championships after participating in the Snowflake Challenge, a locals’ snow sculpting contest sponsored by Breckenridge Associates Real Estate the past three years.

3rd Place: Team Breck, “Underwater” (below)

Photo Courtesy Of: Ron Shelton

Click here for the latest news about Breckenridge Real Estate.

Breckenridge's Real Estate Hot List - February 2011

2011-02-21T11:14:00.007-07:00

Our picks for Breckenridge's February Hot List focus on some amazing real estate deals in Breckenridge. Watch the video for our Top 5 picks and view the property detail by clicking the links below. Contact your Breckenridge Associates Broker to learn more about the real estate deals featured here.

1.) 112 Beavers Drive, Breckenridge is a bank-owned awesome deal. 6 bedrooms, 5 baths and a 4-car garage. Ski-in/ski-out in Breckenridge with more than 7,000 square feet of living space and is very competitively priced.
112 Beavers Drive, Breckenridge - $2,249,000

2.) Crystal Peak Lodge #7501, Breckenridge is a 4-bedroom penthouse located in the newly completed Crystal Peak Lodge at the base of Peak 7 in Breckenridge. Amazing views of the Ten Mile Range of Breckenridge. This unit was originally priced at $2,995,000 and has now been discounted 40%. Fully furnished and a great value for a ski-in/ski-out Breckenridge property.
Crystal Peak Lodge #7501, Breckenridge - $1,799,000

3.) 121 Sawmill Run Road, Breckenridge is a bank-approved short sale property conveniently located close to the base of Peak 8 of the Breckenridge Ski Resort. Historically, this home has produced great rental income. 8 bedrooms and 6 fully baths with a game and theatre room, plus a full bar. Priced under $300/square foot for a ski-in/ski-out property.
121 Sawmill Run Road, Breckenridge - $1,630,000

4.) 18 Timber Hill Drive, Breckenridge is a 5 bedroom duplex located in Warriors Mark West in Breckenridge. Walk to the slopes of the Breckenridge Ski Resort. This home sleeps 17 people (in beds) and has been recently remodeled. Vaulted ceilings make the great room perfect for family gatherings. A game room, hot tub and Westerly views top the list of this property's features! 18 Timber Hill Drive, Breckenridge - $624,500

5.) River Mountain Lodge #E320, Breckenridge is an aggressively priced 3-bedroom top floor unit with breathtaking views of the Blue River and the heart of Breckenridge from the private hot tub. This complex features a pool, hot tubs, sauna, fitness room, lounge, restaurant and underground heated parking. River Mountain Lodge #E320, Breckenridge - $450,000

The links to previous Breckenridge Real Estate Hot Lists follow here:
September 2010 Breckenridge Real Estate Hot List
October 2010 Breckenridge Real Estate Hot List
November 2010 Breckenridge Real Estate Hot List
December 2010 Breckenridge Real Estate Hot List
January 2011 Breckenridge Real Estate Hot List

Please contact us to learn more about these and other real estate deals in Summit County. 800.774.7970 or 970.453.2200.

Click here for the latest news about Breckenridge Real Estate.

Market Update – Starting Off 2011 With A Bang!

2011-01-17T22:37:00.001-07:00

150 Single Family Breckenridge properties sold in 2010 with 23 pending in early January 2011
The sold stats show foundations with some framing of $120,000 in Quandary and up to $3,590,000 in Summit Estates, a higher end luxury estate neighborhood.

190 Condominium Breckenridge properties sold in 2010 with 17 pending in early January 2011
• Keep in mind 6 of these were the Water House properties – new construction sales located at Base 9 of the Breckenridge Ski Resort and offered at a special 40% developer discount.
The sold stats show prices start as low as $80,000 for a small one bedroom 1960’s Breckenridge Quandary condo and up to $2,690,000 for One Ski Hill Place, a new construction luxury slope side property.

60 Duplex/Townhome Breckenridge properties sold in 2010 with 15 pending in early January 2011
The sold stats show prices ranging from $194,000 in Gibson Heights (deed restricted) up to $1,775,000 for a Shock Hill Condo/Townhome next to the Gondola.

Land sales show 58 Breckenridge properties sold in 2010 with 5 pending early January 2011
•Noteworthy is our highest Land sale in Timber Trail Breckenridge’s Ski In/Ski Out Subdivision sold for $3,300,000.

Overall, we are seeing inventory dwindle downwards in certain segments of the market making it harder for the buyer to find what they want for the right price. Some sellers have tested the market and realize that keeping the property for personal enjoyment another couple of years may make more sense than cashing out at current market levels. However, not all sellers share the same agenda. Some will sell due to economic conditions, moving on because of family relocation, or enjoying the profit they have made to buy something else. What does this mean? Our prices look to have bottomed. National statistics say price points will remain the same over the next couple of years across the country. That means one thing…look and consider a well-rounded inventory while you still can. It is great to be a buyer especially with the low, low interest rate offerings – the lowest since the Eisenhower years!

Source: MLS Data January 7, 2011

Please contact us to learn more about these and other real estate deals in Summit County. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge real estate.

Did You Know? Winter Roof Maintenance

2011-01-17T22:37:00.000-07:00

Snow and ice can wreak havoc on roofs in our extreme winter climate if not properly maintained. Snow accumulation as we’ve experienced already this season causes heavy snow loads on rooftops, which can lead to leaking and result in an unplanned home repair. Poorly installed or malfunctioning roof heating elements can result in ice dams, which also require immediate attention to prevent damage to your home.

You can avoid these scenarios by hiring a company to help to keep your property’s roof in shape during the winter season, whether as a one time evaluation and solution of a problem or contracted monthly throughout the winter months. Heating elements, such as heat tape, need to be strategically applied to the roof and vary from home to home due to architecture, where the sun faces the property among other factors. Ma Greene, a long time local snow and ice removal company, will evaluate and troubleshoot the home before recommending the best solution to address removal.

We want you to be able to enjoy your time in the mountains playing in the snow instead of having to deal with potential property damage because of the snow. That’s why we’ve compiled a list below of several companies in the area to consider for winter roof maintenance. A good rule of thumb for you, the homeowner, is to be certain the company you hire is insured in case any damage is caused under their supervision; they should also provide a service policy for any heat elements they install.

Summit County Roof Maintenance Contacts-
Ma Greene: 970.468.9688
Karbowski Construction: 970.468.7702
Winston Chapman: 970.389.5887
Aloha Services: 970.547.5287

Please contact us to learn more about these and other real estate deals in Summit County. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge real estate.

The Secret Stash – Illuminating Snow Art In Breckenridge

2011-01-17T22:36:00.000-07:00

January 25, 2011 marks the start of the International Snow Sculpting Championships in Breckenridge. Snow artists will spend 65 hours carving 20-ton blocks of snow into awe-inspiring masterpieces.

The artists come from throughout the country, around the world and even hailing from our own Breckenridge Associates Real Estate office with the event’s original team. The 16 teams will compete to produce impeccable works of snow art for the public to view and ponder the impossibility of many of the creations. New this year, the event will be cast under a LED-lighting display, illuminating the sculptures and giving a new perspective to the event. We highly recommend checking out the snow sculptures in the evenings throughout the event for the opportunity to see the creations in a whole new light.

Sculpting begins January 25 at 11am and ends January 29 at 10am. The Award Ceremony takes place January 30 at 3:30pm. Public viewing of the sculptures is January 30-February 6, weather permitting. The event is free to the public and located in the parking lot adjacent to the Riverwalk Center in Breckenridge. You can participate by voting for People’s Choice award. Click here for a full schedule from the Town of Breckenridge.

Please contact us to learn more about these and other real estate deals in Summit County. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge real estate.

Breckenridge's Real Estate Hot List - January 2011

2011-01-11T21:31:00.000-07:00

62 Mountain View Drive, $439,000**CONTRACT PENDING (Blog Post updated on January 24, 2011)** – A Single Family Home listed slightly over $400K? What a deal! The Blue River just off your back deck, this 3 Bedroom/2 Bath home built in 2000, with a 2-car garage, has to be one of the best deals out there. Close proximity to Main Street Breckenridge, just 5 minutes south of town. Don’t let this one pass you by. **PENDING CONTRACTS MAY NOT LINK TO MLS LISTING**

The Atrium #306, $489,000**CONTRACT PENDING (Blog Post updated on January 24, 2011)** – 3 Bedroom/3 Bath plus Loft, right in town next to Carter Park and on the bus route. Underground parking, hot tub and owner financing! One of the best deals in Breckenridge for a large residence in a great location. **PENDING CONTRACTS MAY NOT LINK TO MLS LISTING**

Main Street Station #1411, $649,000 – This has to be one of the best locations in Breckenridge. Right on Main Street and walk to the Quicksilver Lift. This 2 Bedroom/2 Bath residence is the lowest priced 2 Bedroom in the complex. Top Floor with views to Baldy Mountain, granite counters, washer/dryer in the unit, pool, hot tubs, exercise room, media room, valet ski storage and membership to the Pioneer Club. Excellent rentals as well.

314 N. French Street, $999,000 – Newer Single Family Home (built in 1997) right in Town. Walk to the Gondola and everything else in Breckenridge. 4 Bedrooms/4 Baths, remodeled in 2009 with over $150K in upgrades: all new kitchen, solid Alder cabinets and granite counter tops, new appliances, laundry and powder room cabinets, slate floor in kitchen and hallway, light fixtures, fireplace, and a state-of-the-art home entertainment system. Compare to other homes right in town and you will appreciate the value.

101 Discovery Road, $1,400,000 – Approved Short Sale! Exquisite Masterpiece located near the base of Peak 7, only minutes to Breckenridge Main Street. Alpine Majesty stands out with the amazing mountain architecture. Originally priced at $2,999,000! This gorgeous residence features 5 Bedrooms/6 Baths, elevator and multiple living areas making this spectacular home perfect for a high end vacation home buyer or an incredible rental property.

Spinnaker at Lake Dillon #305, $395,000 – Every time someone walks into this residence they go "Wow"! From the minute you open the door you appreciate the designer touches that went into the spectacular remodel. Gourmet kitchen, 2 exquisite baths, and when you thought it could not get any better, walk out on the deck to see some of the most incredible views in all of Summit County. This is why you buy at Spinnaker. Look over Lake Dillon to the Ten Mile Range. In the summer watch all the sailboats, and in the winter the kite boarders give a show to behold. Then to top all of this off, there is an elevator, underground parking, indoor pool, hot tub and sauna. This is the deal you have been waiting for!

The links to previous Breckenridge Real Estate Hot Lists follow here:
September 2010 Breckenridge Real Estate Hot List
October 2010 Breckenridge Real Estate Hot List
November 2010 Breckenridge Real Estate Hot List
December 2010 Breckenridge Real Estate Hot List

Please contact us to learn more about these and other real estate deals in Summit County. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge real estate.

That "Screamin' Deal" You Have Been Looking For !!!

2011-01-11T13:23:00.000-07:00

Here's that "Screamin' Deal" you have been looking for:

Spinnaker Condo on Lake Dillon. Totally Remodeled with Incredible Designer Touches to make this 2 Bedroom / 2 Bath Condo one of the nicest residences you will find in the Dillon, Colorado area. That's not to even mention the Spectacular Views!! Price just reduced to $395,000.

Spinnaker on Lake Dillon offers Assigned Underground Parking, Indoor Pool, Hot Tub and Sauna. The residence has a Gas Fireplace, Nice Sized Deck, and is Totally Furnished. This is the "Deal" you have been waiting for.

Dan Corwin, GRI, CNE
Broker / Partner
Breckenridge Associates Real Estate
970-485-2200
Dan@BreckenridgeAssociates.com

Breckenridge Ullr Fest, January 9-15, 2011

2011-01-07T20:27:00.000-07:00

Ullr Fest is an annual zany winter festival like none other. During Ullr Fest in Breckenridge, don’t be surprised to see horned Viking hats adorning the heads of skiers and snowboarders, Ullympic competitors flinging frying pans for prizes, more than 12,000 Ullr enthusiasts filling the streets for the Ullr Parade. You might witness crazy float participants skiing off jumps on Main Street or gliding along town in a hot tub.

The week of Ullr is one not to miss. It’s super fun for guests and locals alike. The schedule of fun follows. By the way, Ullr Nordic God of Snow, thanks for all the amazing snow this year. You have really come through so far, keep it up please!

Jan. 9
1pm, Ullr Skating Party – Stephen C. West Ice Arena, Breckenridge

Jan. 10
5:30pm, Ullr Nordic Party & Bonfire – Breckenridge Gold Run Nordic Center
6pm, Ullr Fest Budlight Bar Series – The Maggie @ The Village at Breckenridge, Gold Pan Saloon and the Park Avenue Pub (times vary)

Jan. 11
2pm, Ullr Fest Budlight Bar Series – TBar @ One Ski Hill Place, Motherloaded Tavern, Bubba Gumps and Salt Creek (times vary)

Jan. 12
3pm, Ullr Fest Budlight Bar Series – Mi Casa, Copper Top @ Beaver Run, Jake’s Dive Bar and Cecilia’s (times vary)

Jan. 13
4:30pm, 48th Annual Ullr Parade on Main Street in Breckenridge

Jan. 14
7pm, Ullr Comedy Night – Village at Breckenridge

Real Estate Update for the Last Week of 2010

2011-01-03T16:47:00.000-07:00

For the last week of 2010, residential sales continued on pace with the previous weeks around the Christmas holiday. All in all, the year ended very well. The number of sales for all of Summit County increased over 2009, and dollar volume was up as well. Click on http://www.summitdaily.com/article/2010101239988 to read an article in the Summit Daily News regarding sales in resort areas such as Summit County, Vail and Aspen.

This past week in Breckenridge for residential properties, there were 8 sales and 9 residences went under contract.

There were also 16 price reduction. Below are those of note:

Atrium #306 - 3 Bedroom/3 Bath Condo with a Loft. In Town right next to Carter Park, on the Bus Route, and walk to Main St. Originally priced at $525,000, Now listed at $489,000. (This has to be one of the best deal around!!)

132 Sawmill Run Road - Single Family Home, Ski-In and walk to the slopes. 5 Bedroom/4 Bath, what a Wonderful Location. Originally priced at $1,059,000, Now listed at $959,000,

46 Lomax Drive - Single Family Luxury Home in a Fantastic Location. 4 Bedroom/6 Bath. Originally priced at $4999,900, Now listed at $2,849,000.

For more information on these or any other great values, go to the MLS Search on our website at www.BreckenridgeAssociates.com.

Dan Corwin, GRI, CNE
Broker / Partner
Breckenridge Associates Real Estate
970-485-2200
dan@breckenridgeassociates.com

Happy New Year, and what a Wonderful New Year it will be!!

2011-01-02T12:54:00.000-07:00

To all, Happy New Year!! May 2011 be filled with Good Health, Joy, and More Peace around the World.

While we are still concerned about the overall state of the economy, 2010 was better than 2009 regarding real estate here in Breckenridge, Summit County, and other resort areas such as Aspen and Vail. We knew that the number of sales in Breckenridge and Summit County had increased over 2009,but it felt like the dollar volume was lower due to the average sales prices declining. It appears that dollar volume has increased over 2009, and all indicators show that this trend may continue.

There was a very good article in the Summit Daily News on Friday that will give you more detailed information. Read the real estate article here.

We'll have more year-end numbers for 2010 as they become available, but if you or your friends have ever thought about purchasing a mountain residence, now is the time. Interest rates are still extremely low and there is a good selection of inventory in all categories.

Dan Corwin, GRI, CNE
Broker / Partner
Breckenridge Associates Real Estate
970-485-2200
dan@breckenridgeassociates.com