Summit County Real Estate News, Local Happenings & Home Care Tips | Breckenridge Associates Real Estate - Blog Archive: 2013 | Page #8

It’s snow sculpting time! This year marks the 23rd annual Budweiser International Snow Sculpture Championships. The artists come from throughout the country, around the world and even hailing from our own Breckenridge Associates Real Estate office with the event’s original team.  This year, they will be carving the Budweiser sponsorship piece and another partner is a member of the international team.

The 16 teams will compete to produce impeccable works of snow art for the public to view and ponder the impossibility of many of the creations. 

The first week is called Technical Week and runs Jan. 15 through 18.  People can watch how the blocks are built or even volunteer to help by contacting the town.
The sculpting week begins Jan. 22 and ends at 10 a.m.…

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Home prices rose nationwide by 6.3 percent in October 2012, on a year-over-year basis. It was the largest increase since June 2006, according to the most recent data from CoreLogic.
These figures are a good reminder that it’s still hard to generalize about housing. Some markets are up sharply amid big declines in price, while others are still soft, according to an article from The Wall Street Journal.
CoreLogic economists believe the housing recovery is geographically broad-based with almost all markets experiencing some appreciation. They said the housing recovery that began in early 2012 continues to gain momentum.
Reduced inventories and improving buyer demand both contribute to the stability and growth of home prices, which is essential to…

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Why, as a prospective home seller or buyer, you need to stop sitting on your hands. After five years of a tumultuous market, order and opportunity are finally being restored to the housing market. Home prices were expected to rise 1% during the final quarter of 2012 to the end of 2013, according to the real estate research firm Fiserv.  
Fiserv’s chief economist David Stiff says that “Housing is finally turning the corner. There is no reason to be fearful of further large price declines.”
This is going to create a new playing field for homeowners, who are finally able to sell, and potential buyers, who've been delaying a purchase with hopes of prices continuing to fall.
Fiserv also predicts that in the next five years, homes will gain 3.3%…

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