Breckenridge Associates
Real Estate

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 g...

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...

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...

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 (M...

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 ...

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 si...

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 inc...