Breckenridge Associates
Real Estate

What we are seeing in the LOCAL Summit County real estate market: In a nutshell, sales are up, but dollar volume is not. We experienced a veritable flurry of contracts throughout the months of May and June, doubling the activity in the same months last year. This spike brings the 2012 transaction numbers roughly even with last year's steady improvement in the Summit County market.  Properties that are priced competitively are receiving vigorous activity; others that are not languish for attention.   Year-to-date, gross dollar volume is down  7%  from the same period in 2011. We are pacing above 2009 and comparable to 2010 dollar volume at 6 months into 2012. Transactions are up year-to-date  3%  from 2011 and are the highest since 2008 with  612  transactions. The Summit County average price for a single family residential home stands at  $715,457 , the multi-family residential average price is  $366,838  (both ...

As the summer is heating up so is the real estate market in Breckenridge. We've made our selections for July's Top 5 Real Estate Deals list. We have 5 great deals in Breckenridge. Now is the time to buy real estate in Breckenridge, Summit County and Park County. Contact your Breckenridge Associates Real Estate Broker/Partner to learn more about the real estate opportunities in Breckenridge. Call 970.453.2200.  And, now for our Top 5 Real Estate Deals for July 2012. 1.) Low Interest Rates, Refinancing & Real Estate Deals #1 on everyone’s list should to be interest rates paired with historically low home and land prices. Even if you are not in the market for a mountain property, you should look into refinancing your home. We have seen interest rates on a 30 year fixed well below 4%. Talk with your local lender to see how much you could be saving.   2.) Loma Verde Land, Breckenridge          This lot is less than 4 miles from town...

Recreating on Lake Dillon is a must for visitors and locals alike. Lake Dillon is home to two marinas – the Dillon Marina and Frisco Bay Marina. Dillon Reservoir is a multi-use recreation and water-storage facility owned and operated by Denver Water. It is the largest water storage facility in the Denver Water system. Dillon Reservoir’s surface area of 3,233 acres and 26.8 miles of shoreline support many recreational activities. Dillon Marina The Dillon Marina offers slips and storage, with some slip sizes still available for the 2012 summer season. The launch ramp is open 7 days/week, 8:30am-5:30pm (weather permitting).  Sailing lessons are available for beginners and intermediates. Tours and private lessons are also available. Sailboat, speed boat and pontoon daily rentals are available through the marina.  Dillon Marina is home to the Tiki Bar, a lakeside hot spot for après lake, après work and just for fun. Grab some friends and grab some beers in a sw...

Breckenridge residential sales through June have increased by 14% over last year. Summit and Park Counties have seen an 18% increase. Pending sales have nearly doubled over the first half of last year. Current inventory is down slightly over 2011. Showings are up significantly – our office has seen an increase of more than 35% year over year. Breckenridge Associates Real Estate’s office is leading the charge among local real estate offices in terms of sales sides and dollar volume sales in Breckenridge. Likewise, we are the leading office in dollar volume sales in Summit and Park Counties and a top performer on sales sides. Buyers, this is the summer to buy real estate in Breckenridge. Mortgage rates have never been better and there are some great deals on the market. In fact, this may be the last summer you’ll see the perfect combination of low rates and great deals. Sellers, transactions are the highest since 2008, but the price needs to be right in order for Buyers to con...

Colorado is in the midst of wildfire season. Between the High Park, Waldo Creek and the Last Chance Fires, over 600 structures have been destroyed. Getting homeowners insurance may be more difficult for those with homes nestled in the forests. The recent wildfires have insurance companies seeking strategies to protect homes and reduce further losses. A long term build-up of woody fuels and recent hot, dry weather are contributing factors to the erratic fire behavior. Insurance industry response to the extreme wildfire season is a stricter enforcement of their defensible space rules. At this time, no homeowners insurance will be issued without a physical inspection and a defensible space plan for removing trees. This has put a kink in closings causing stress for both the seller and the buyer. Defensible space is simply an area around your home where fuels are modified and  maintained in a manner that allows firefighters to work more effectively and in less danger. The defens...