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August 2013

Found 9 blog entries for August 2013.

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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Thisafternoon, come to Main Street Breckenridge to cheer on the cyclists as they reach the Stage 2 finish line!  Try to arrive by noon to get a better view.  If you get there early, enjoy watching the race coverage on the Jumbotron on the lawn of the Riverwalk Center.  And tomorrow morning, set your alarm clocks early and come cheer on the cyclists at the Stage 3 start line.   It will be an event that you won't want to miss!

Hope to see you there!

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The Breckenridge real estate market has remained stable this July compared to 2012.  Single family homes saw a slight decrease in the number sold, but YTD, the single family market is up 8.4%.  Duplexes and Townhomes remained the same.  Three duplexes sold and four townhomes sold in July 2013. The condo market in Breckenridge is up 45.88%, YTD, with 17 condos selling in July 2013.


The Summit County real estate market is about 13.80% ahead this year compared to the same time in 2012.  Single family homes saw a slight decrease in the number sold and YTD, the single family market is down 3.39%.  Duplexes and Townhomes both showed positive signs in July 2013.  Eleven duplexes sold and twenty-three townhomes sold in July 2013. The condo market in Summit…
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On October 1st, remember to bring your reusable bags to the store. The Breckenridge Town Council approved a new 10-cent bag charge on every paper and plastic bag at all local stores.

Breckenridge Associates Real Estate is supporting the efforts of reducing paper and plastic bags as well. They have reusable bags available for free at their office at 229 S. Main Street. These ongoing efforts are to help reduce the number of disposable bags and be environmentally friendly.

The town bags feature the iconic Blue River with snow covered peaks in the background. On the bag, they spread the important message of using recyclable bags and the town website. The bags are made of 80% recyclable material and are machine washable. Town bags will be placed throughout…
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Welcome to August 2013, Top 5 Real Estate Deals.  Summer is winding down and it is a great time to start looking for a home that you can start creating family memories during the ski season.


Western Sky Ranch
If you are looking for land with acreage, views and location…. look no further than Western Sky Ranch!  This subdivision offers buyers lots with large acreage, Southern exposure, Privacy; Access to hiking, biking and Natural Forest. Keep in mind all this is Located Less than a mile from Breckenridge’s Main Street!  Take the time to walk these lots and you will see the large Building Envelopes and Phenomenal Views from Quandary all the way Peak to Buffalo.  Lot price starting below $600,000 to $1,295,000

Trappers Glen
Looking for the Ultimate

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A 30-year home mortgage rate in the 3% range appears to have ended for now. The rates suddenly surged a full percentage point over the past month. “The market has been so stable for the past two years,” says Kim Neilson, executive vice president at McCue Mortgage in New Britain. “We haven’t experienced this type of jump in years.” The strengthening economy and federal monetary policy have helped bring up the rates as the housing market recovers. Borrowers consider the implications of higher rates.

One of the first areas to see the impact of the higher rates is borrowers with adjustable-rate mortgages and those looking to refinance their existing mortgage. “It’s always a concern when rates go up,” said Joanne Carroll, a spokeswoman for the Home Builders…
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Vail has launched a new idea of enjoying the mountains, without having the snow blanketing the ground.  Epic Discovery is a new summer mountain adventure at Breckenridge, for summer 2014.  Vail Resorts is creating a family and eco-friendly place where you can come and enjoy the scenery and environment.   It is a new way that families can experience all that the mountains have to offer.   The idea is to learn about your surroundings while you play.  It creates a great adventure.     The new adventures that Vail Resorts is envisioning, range from bouldering and rock climbing, to zip lines and a large observation deck in Horseshoe Bowl.  And if you have already experienced the Alpine Slides, they planning on a longer, faster ride with The Forest…
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