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Breckenridge Real Estate Blog

With a roaring jobs report, and the economy growing in the third quarter at an annualized rate of 3.5%, wages up, an unemployment rate well below 4%, and amidst high consumer confidence levels, the Fed is almost sure to raise the interest rate to 2.5% at their December meeting. This will be the fourth interest rate boost this year, deployed as a measure against unsustainable growth.    As mortgage rates often move in anticipation of the Fed meeting and possible/probably rate boosts, it no surprise that the week of November 1-8, 2018 saw a jump in mortgage interest rates.  Freddy Mac pegs the average 30 year fixed rate mortgage at 4.94%- a seven year high. It’s notable that we are still below 5%, a number that seemed unattainable not that many years…
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There is nothing like your first day of skiing for the season. Sure, the ski movie premiers are high energy affairs. First dusting of the peaks can get your heart racing as the lights, sights, smells and temperature all trigger our skier brains that the season is almost upon us. But first day brings the excitement up to a whole new level.

You awaken with that first day of school flutter in your stomach. Well -- even better than the school flutter. Choke down a super smoothie and oatmeal to keep you fueled for the day. Touch your toes a few times and give your quads a stretch -- you'll be spending a lot of time together for the next 8 months, so make nice now.

Keystone lift starting up for the seasonYou get dressed -- in either beloved, trusted gear that has served you well. Lucky socks,

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The vigorous powder day, the après ski activities, the delicious hot chili in the lodge, the Bernese Mountain dogs with snowflakes dusting their muzzles- these are all available in most ski towns- they are our universal ski culture touchstones. But each ski town has its own personality- the people and the events that define a community and a local culture. Early season in Breckenridge is defined by several beloved events; we kicked off with Breckenridge and Keystone both starting their lifts on November 9th. Copper adds to the fun on November 16th. A-Basin trounced everyone with an October 19th start.  Thanks Ullr for the early season snow!

Thanksgiving in the high country is somehow also an excuse to get out and exercise. Run, then ski, and then eat.

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Happy Ski Season! Most of the ski resorts in Summit County have started up for the 2018-2019 ski season. Fingers crossed for a great snow season. Make Breckenridge your “home away from home” this ski season. Now is the perfect time to get settled before the holidays. 

Here are Breckenridge Associates Real Estate Top 5 Deals. for November 2018

401 S. Ridge Street
Tannhauser Condo

You cannot beat this in town location! Located a block off Main Street, Breckenridge and two blocks from the base of Peak 9. This unit offers a walk-out patio, covered parking, wood burning fireplace, newer furnishing and flooring. Low HOA fees that include heat, cable, snow removal, trash, water & sewer. Perfect spot for a local or a short-term rental.
MLS# S1011099 |

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A friend from the Bay Area recently visited Colorado for the first time. He was, of course, taken by the natural beauty and the healthy lifestyle, but was breathless about the real estate. Why didn't anyone tell me real estate was so affordable in Colorado? My brothers house is 1000 square feet larger than mine and cost 30% of what I paid! His perception of our market came down to not just to home sale pricing, but our low taxes and lifestyle. This is of course, coming from one of the most expensive markets in the world, but is a great glimpse into the mindset of our out of state buyers.

The average sales price of a single family home in Breckenridge through the end of September, 2018 was $1,347,303.00 or $422.04 a square foot. The average sales price

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Winter is knocking…and in a blink of an eye, the mountains are covered in snow. Now is a great time to start thinking about getting your slice of Breckenridge heaven. Deals can be found this time of year before the ski resorts open. Get settled into your mountain getaway as the snow starts falling.

Here are Breckenridge Associates Real Estate Top 5 Deals for October 2018.

264 Little Sallie Barber Trail
Paradise found! If extraordinary views, incredible hikes, abundant wildlife & unparalleled privacy are on your list of "must haves"...your family retreat awaits! Located in an exclusive gated community, this property is an entertainer's dream with a well-planned kitchen, large great room & soaring ceilings throughout. Keep all your toys in the big

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With the cooler fall weather comes the changing of the leaves and tundra, cozy evenings cuddled up with the dogs, the start of our ski specific workouts (so many squats!) and the appetite to match. Whether it's the weather or the squats, we know you are hungry, and the Breckenridge Restaurant Association is here to help- both you, and the local organization Summit County Cares, through the sales of the Breckenridge Dining Passport. Summit County Cares includes the Summit Community Care Clinic, Summit FIRC, Advocates for Victims of Assault and Summit County Social Services- critical resources in our community.

For a mere ten dollar donation, the Breckenridge Dining Passport unlocks a variety of specials for two guests at many Breckenridge

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Think about your ski gear as the body and tires of this car, and the season pass or ticket as your driver’s license- that leaves your body as the engine and your motivation as the gasoline. Do you need a tune up?

Ski conditioning workouts help keep us out on snow longer and stronger. From building strength, endurance, stamina and creating stability in the body, a well rounded conditioning program can help create longer days, seasons and lifetimes on snow. Local experts recommend a head to toe approach, including body-wide strength building, core work, stretching and aerobic workouts. And squats. Always the squats.

All our Summit County area recreation centers, gyms, and studios have resources to help you prepare for your season.

Breck Rec

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The economy has come roaring back from the recession of 2008. We are seeing this strength in all sectors, and housing in Summit County is no exception. While we have yet to hit every peak of the pre-2008 summit County real estate records, we are pushing towards those numbers for the first time in a decade. This is remarkable as inventory remains at a record low and days on market are head-whippingly fast. While most economic forecasters expect the Fed to raise the rates two more time this year, in September and December, there is a rift on predictions for 2019.

A bump in the Fed rate can mean a bump in mortgage costs, making home purchases more expensive. Tracking the cost of borrowed money and staying in front of increases is a good way to help manage

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The golden hues are starting to creep into the landscape. The nights are crisp and cool. The days are getting shorter. We are anticipating the first dusting of snow on the mountain peaks in the coming weeks. Seasons here are changing quickly. Get settled in your mountain getaway before the winter season is in full swing!

Here are Breckenridge Associates Real Estate Top 5 Deals for September 2018.

Gold Creek Condo
This is the unit you have been waiting for! This two bedroom, 2 bathroom condo has an amazing location where you can walk to the gondola and all that Main Street Breckenridge has to offer for under $500k! Top floor corner unit in great condition. Reasonable HOA dues include heat, cable, wi-fi and more-makes this unit easy to own. Not

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