November 2018

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…

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.

You get dressed, likely in either beloved and trusted gear that has served you well. Lucky

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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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