Summit County Real Estate News, Local Happenings & Home Care Tips | Breckenridge Associates Real Estate - Blog Archive: 2013 | Page #2

The number of homes that have sold continues to rise, along with the mortgage rates.  With rates rising, cash deals are becoming even more popular.  Many of these cash buyers are luxury buyers and international investors.  Better Homes and Garden conducted one of largest surveys on luxury owners, and you will be surprised with the results.

According to the survey, "Today's luxury homeowners and buyers are much savvier and more confident than ever.  They know what they want and have the resources and capabilities to get it, allowing them to transform luxury living spaces into ultra-comfortable, high-tech homes.  Gone are the days when overwhelming square footage equate to dream homes.  The affluent buyer now seeks multiple homes to fit their lifestyle…

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Forbes magazine recently released the top 15 prettiest towns in America.  There is a diversity of places to visit, from the historic east coast to the beaches of Florida and Hawaii.  Best of all, Breckenridge, Colorado was ranked number 5!  The quiet little mountain town has charm that not many other places can offer.
  Courtesy of Forbes.com   "Breckenridge, Colorado
In a state known for its charming alpine ski towns, Breckenridge stands out both for its stunning vistas, charming streets, family-friendly vibe and – most importantly, for many visitors – unsurpassed proximity to a wide variety of world-class ski options. With giant peaks, more than 150 trails, North America’s highest chairlift, and a wide variety of options for everyone from the…

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Fall has officially arrived.  The days are much cooler and the nights are cold.  The trees are turning gold, orange, and red.  Winter is knocking at the door.  Last month, Breckenridge received it's first dusting of snow.  It blanketed the peaks and looked beautiful with the fall colors intermixed.  This is a great time of year to make Breckenridge a place where you can start creating family memories this ski season.   Here are the Top 5 real estate deals for October 2013.
  116 Victory Lane Beautifully treed forest with stunning views of Baldy.  Located in-town, yet a very private location.  Enjoy easy access to the Breckenridge Ski area trails.  Luxury appointed home with a spacious great room, open floor plan, floor to ceiling windows, double…

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Are you trying to decide where you want to ski, and which ski passes to buy for the 2013-2014? We’ve made it a little easier by doing the homework for you. We've compiled each of our local resort's pass options for the season ahead. The countdown is on to opening day with targeted dates set for mid-October and early November.  Snow has already made an appearance!

Here's all the pass information you need for Breckenridge, Keystone, Arapahoe Basin, Copper Mountain, Loveland, Vail and Beaver Creek.

Vail Resorts (Vail, Beaver Creek, Breckenridge, Keystone, Arapahoe Basin - in Colorado) and (Heavenly, Kirkwood, Northstar, Canyons, Afton Alps, Mt. Brighton)

Summit Value Pass
Adult - $459, Teen - $359, Child - $239
Unlimited access to Keystone and Arapahoe…

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The last two weekends in September are dedicated to the Parade of Homes, benefiting the Summit Foundation. Tour Summit County’s most beautiful homes September 21-22 and again on September 29-30. See the newest trends in style, interior design, state-of-the-art finishes, and amazing landscaping! Call your Breckenridge Associates Real Estate Broker/Partner for the full Summit County Parade of Homes schedule and ticket information - 970.453.2200.  

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The Breckenridge real estate market has remained strong throughout the summer of 2013.  As the summer numbers start to trickle in, we are starting to see that buyers have emerged.  In the Breckenridge market, single family homes saw a slight decrease for the month in the number sold.  For the month of August, 24 single family homes sold. Duplexes also saw a drop in the number of units sold compared to the same time as last year.  Only 2 duplexes sold.  Townhomes remained about the same, with 7 units selling this August.  The condos on the market saw the largest increase in the number sold.  For the month of August, 32 units sold in Breckenridge compared to 24 in 2012.

The Summit County real estate market has also continued to remain strong through…

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The warm summer days and cool fall nights have started.  There are signs of fall in the air with patches of golden leaves starting to appear.  This is a great opportunity to purchase your mountain home before the snow starts falling.   Top 5 Real Estate Deals for September 2013       157 Outta Bounds Drive Sweet privacy surrounds your post and beam home with over 4 acres of wildflowers and trees.  The home is bordered by greenbelt, near the Breckenridge Golf Course at the bottom of Summit Estates for easy access. Mountain views, wood floors, open floor plan, soaring ceilings, loft, and large bedrooms make this a spacious home. Ceiling sprinkler system and 883 sq ft unfinished basement are ready for your…

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It's the changing of seasons. It's a shift to cooler mornings, beautiful foliage, fall hikes, a countdown to skiing and snowboarding. These are some of our favorite things fall brings. Escape to Breckenridge this fall and see why the locals love September.
  Breckenridge's Oktoberfest
  Breckenridge Oktoberfest is where Munich meets the mountains, September 13-15. The official start of a great weekend in Breckenridge begins Friday from 2-6pm. Continue the party Saturday at 10am-6pm that evening and picks up again on Sunday from 10am-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.  
Breckenridge's…

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Buying an expensive home can be a very copious decision.  But now is a great time to purchase a luxurious home.  During the housing boom, jumbo mortgage loans were a hot item.  When the market turned for the worst, jumbo loans were hit hard.  With the housing recovery consistently getting better, jumbo mortgage loans are starting to resurface and offer interest rates and terms to buyers that are similar to a loan on a less luxurious home.

The high-end home market was stagnant during the housing bust.  Now, with the option of purchasing with a jumbo mortgage loan, more buyers are able to consider purchasing these luxurious homes.  On a national level, the annual dollar volume of a jumbo mortgage loan is on track to be the best since 2007.  Banks and…

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Recently, Homes.com, released there latest Local Market Index report.  Homes.com is a leading online real estate destination and a division of the Dominion Enterprises.  Home prices ending in May of 2013, showed a gain in sales of single-family homes in 83 of the 100 markets.  In last month's report, each market reported gains over the previous period in 2012.

According in the Homes.com Rebound Report for May 2013, 19 markets have reached their full recovery point.  Some additional highlights from the Homes.com Rebound Report include:

  • 19 markets have made up a 100% rebound.  These markets have reached complete recovery.  This number is up from 14 markets reaching full recovery in the previous month.
  •  39 markets are showing signs of 50% or more in…

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