Summit County Real Estate News, Local Happenings & Home Care Tips | Breckenridge Associates Real Estate - Blog Archive: 2013 | Page #5

In Breckenridge, we saw a significant increase in the number of properties sold in the month of April compared to the same time last year.  There were 27 single family homes sold in 2013, compared with 20 sold in 2012.  Duplexes remained the same, with only one selling in April.  Condos also saw a spike in numbers sold for the month.  In 2013, 28 condos sold compared with 15 in 2012.  Townhomes saw a 50% increase in the number sold in 2013, with 8 selling in April.

In Summit County, we also saw an increase in the number of properties sold in the month of April compared to the same time last year.  There were 64 single family homes sold in 2013, compared with 54 sold in 2012.  Duplexes saw a dip in sales, with only 3 selling in 2013.  Condos also…

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There's lots on-tap in Breckenridge and Summit County this Summer. Check out this Summer's event calendar for events around the county.   Please contact us to learn more about real estate in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate. http://www.BreckenridgeAssociates.com

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For the past 18 years, Breckenridge has been throwing a party for locals. This party is to thank everyone for all their hard work over the winter and to welcome summer. The party is at the Riverwalk Center in the middle of town. It is scheduled for Friday, June 14th from 4:30-9 pm. Everyone hopes for a spectacular Breckenridge summer evening. The cost is free (food and beverages are available for cost).  The town photo will be taken between 5:30 p.m.- 6 p.m. from atop the Red, White and Blue Fire District's ladder truck. 
Come join out and enjoy live music, great food, and fun with friends and family. 




Please contact your Broker at Breckenridge Associates Real Estate to learn more about the incredible opportunities available today in…

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As the market continues to shift, one industry trend seems to be making continuous waves: vacation homes.

With low prices and mortgage rates still available in most parts of the country, affluent buyers—or those who have always dreamed of a cabin in the mountains—are making their move and purchasing second homes to be used as vacation getaways.

According to the National Association of REALTORS (NAR), sales of investment and vacation homes jumped in 2011, with the combined market share rising to the highest level since 2005.

NAR’s 2012 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2011, showed vacation-home sales rose 7 percent to 502,000.

It’s easy to understand why the vacation home market would be on the…

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Freddie Mac recently released its U.S. Economic and Housing Market Outlook showing that as we head into the spring home buying season, continued low mortgage rates, increasing house prices, and gradually improving consumer confidence will help support increased home sales.

Outlook Highlights

• Compared to 2012, expect home sales to be up 8 to 10 percent for 2013.

• Expect housing starts to increase to 950,000 units for 2013, compared to 780,000 in 2012.

• In 2012, real estate added $1.5 trillion to balance sheets, and residential mortgage debt outstanding increased by 0.1 percent in the fourth quarter of 2012, indicating household deleveraging might be drawing to a close.

• Because of sequestration spending reductions, expect the unemployment rate in 2013…

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Now turn to summer activities like biking, hiking, fishing and raft trips. Summer is also the perfect time to pursue your real estate purchase in preparation for NEXT ski season. To search all available homes and condos in Breckenridge and Summit County, please visit our web site at www.BreckenridgeAssocites.com.

Tannhauser condo:
A beautifully remodeled 1 bedroom, 1 bathroom condo in the heart of downtown Breckenridge. Centrally located at the corner of Ridge St and Jefferson, this condo was recently updated to include wood floors, stainless steel appliances and 2 flatscreen TVs. Priced at only $215,000 Tannhauser Unit 13 also offers the convenience of underground parking.
S379405

345 Rainbow:
This is a spacious duplex in Silverthorne that feels more like a…

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In March 2013, we saw an increase in most areas of residential property.  In Breckenridge, 12 Single Family Homes, 3 Duplexes, and 12 Condos sold.  Breckenridge is about 8% above 2012 residential sold properties YTD.  In Summit County, 41 Single Family Homes sold, along with 8 Duplexes, 38 Condos, and 17 Townhomes.

http://www.BreckenridgeAssociates.com

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With only one week left of the ski season, snow continues to fall and some of the best conditions of the year are to be experienced right now, both in terms of snow pack and fewer skiers and boarders on the mountain.

The first three months of 2013 have seen increased activity in the Breckenridge and Summit County real estate market. Pending residential sales in Breckenridge are almost 50% higher than this time last year. It seems that the buying public is realizing that in addition to the skiing conditions, the buying conditions could not be better right now with incredibly low interest rates and great pricing.
And now for Aprils Top 5 Deals….
Liftside Condo Beautifully remodeled studio condo at Liftside Condominiums in the Village at…

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As ski season comes to an end, we all start looking forward to the wonderful days that summer will bring.  The locals wait for all the snow to melt; the warmer and longer days are always welcomed.  With summertime also comes a lot of outdoor events.  Here is a little taste of what the summer days will offer in Breckenridge this year.

May 5- Cinco De Mayo Celebration at MiCasa Restaurant
June 15 & 16th- Kingdom Days, the official kickoff to summer in the Rockies
June 22nd- August 31st- PRCA ProRodeo
July 4th Celebration- Parade, Concerts and Fireworks
August 15th- 18th- Breck Bike Week
August 20 & 21- The USA Pro Cycling Challenge, Breckenridge hosts the Stage 2 finish line and the Stage 3 start
September 13-15th- Breckenridge Oktoberfest

Make sure to pencil in…

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The housing recovery is expected to grow at an annualized rate of 0.6 percent through the third quarter of this year, then gain momentum and prices are projected to grow 3.7 percent between the third quarters of 2013 and 2014 until settling down to 3.3 percent annual increases over the next three years according to Fiserv, a financial services technology provider using data from the Federal Housing Finance Agency.

Both home prices and home sales volumes increased steadily last year, making 2012 the first positive year for both prices and sales since the housing market crash, excluding gains induced by the home buyer tax credits in 2009 and 2010.

“Although some recent real estate activity has been speculative, it seems as if buyers have more realistic…

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