Breckenridge Associates
Real Estate

The historically low mortgage rates sank even lower in November, setting records for both 30-year and 15-year fixed rate loans. According to Freddie Mac, the 30-year fell to 3.31% from 3.34% in mid-November. The 15-year rate averaged 2.63% compared to 2.65%. The current conditions mean it may make sense for current mortgage borrowers and new home buyers to look at shorter-term loans. An example of how the numbers add up follows: Homeowners currently paying off 30-year loans with rates of 4% spend $1,098/month in mortgage payments on a $200,000 balance, paying total interest of $143,739. Refinancing at 2.63% for 15 years would cost them $250/month more, but they would end up paying just $42,250 in total interest and their payment years would end earlier. Refinancing into another 30-year loan at 3.31% would cost homeowners only $877/month, saving $221 from the existing loan. But the total interest paid would come to $115,725 over the life of the loan. This is...

Our monthly stats reports on local real estate  have shown steady growth year over year in Breckenridge, Summit County and Park County sales transactions.  We’re confident the local real estate market is well on its way to recovery and it only helps to take a broader look at what national real estate experts have to say about the housing market nationwide. Recovery of the housing market should continue through the coming years, assuming there aren’t further limitations on the availability of mortgage credit or a “fiscal cliff” according to forecast presentations at a residential forum at the 2012 REALTORS® Conference and Expo. Lawrence Yun, chief economist of the National Association of REALTORS said the housing market clearly turned around in 2012. “Existing-home sales, new-home sales and housing starts are all recording notable gains this year in contrast with suppressed activity in the previous four years, and all of the major home price measures are sho...

Welcome to holidays in our winter wonderland of Breckenridge. We can't think of better place to ring in the new year than our own Summit County home. Breckenridge, Keystone and Copper are here to help make ringing in the new year extra special with fireworks, torchlight parades and typically lots and lots of snow. Happy New Year! Breckenridge Ski Resort Bring in the New Year with a boom! Watch a spectacular array of fireworks, going off between Peak 8 and Peak 9. You can find best visibility from downtown Main Street. Catch the Torch Light Parade flowing down the Breckenridge Ski Resort.  6pm, Torchlight Parade Visit  www.breckenridge.com  for additional event information. Keystone Ski Resort 6pm,  Lake side Village Fireworks 7pm,  River Run Village Torchlight Parade 9pm,  Head for the Hills Concert at Warren Station (All ages show.) Tickets $18 in advance, $20 at the door. Purchase tickets here. 10pm,  Lakeside Village ...

The bigger and better Dew Tour will feature the world’s top freestyle skiers and snowboarders as they converge in Breckenridge to kick off the first major event of the winter action sports season. The only winter event of the 2012 Dew Tour will feature more competitions, including ski and snowboard Big Air, as well as a Film Night and concert that will take over downtown Breckenridge. The Dew Tour Mountain Championships will feature many of Breckenridge's world-class team skiers and riders. Freeski Men’s Slopestyle: Bobby Brown, James Woods 
  Freeski Men’s Big Air: Bobby Brown 
  Freeski  Women’s Slopestyle: Keri Herman, Anna Segal 
  Snowboard Men’s Pipe: Zach Black, Brett Esser 
  Snowboard Men’s Slopestyle: Eric Willett 
  Snowboard Men’s Big Air: Eric Willett 
  Snowboard Women’s Pipe: Arielle Gold 
  Snowboard Women’s Slopestyle: Silvia Mittermuller  Freestyle skiing events will see the athletes sizing each other up a...

Welcome to the Top 5 Real Estate Deals for December 2012. It  remains a terrific time to be a buyer in our market with a great  selection of well-priced properties and continued historically low  interest rates. Whether you’re considering a beautiful ski-in, ski- out private home on the slopes of Breckenridge or an income  producing condo in the core of Keystone Village, you’ve come  to the right place. So let’s take a look at a few of the exceptional  values on the market today. And, now for our Top 5 Real Estate Deals for December 2012. 1.)  Silver Mill Condo, Keystone    First, let’s check out the least expensive 2 bedroom, 2 bathroom property in the core of Keystone’s River Run Village. Within a couple hundred yards of the Keystone Gondola, this Silver Mill Condo is listed fully furnished. The current owners have never rented the property, so it’s in immaculate condition and r...

November 2012 Breckenridge Residential Sales Breckenridge sales included 31 Single Family Residences, 2 Duplexes, 24 Condos and 6 Townhomes for a total of 63 transactions for the month.  Summit/Park County Residential Sales Summit and Park County sales included 66 Single Family Residences, 6 Duplexes, 81 Condos and 19 Townhomes for a total of 172 transactions for the month.  November 2011 Breckenridge Residential Sales Breckenridge sales included 21 Single Family Residences, 2 Duplexes, 30 Condos and 3 Townhomes for a total of 56 monthly transactions. Summit/Park County Residential Sales Summit and Park County sales included 48 Single Family Residences, 6 Duplexes, 68 Condos and 16 Townhomes for a total of 138 monthly transactions. Please contact your Broker at Breckenridge Associates Real Estate to learn more about the incredible opportunities available today in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the la...