Summit County Real Estate News, Local Happenings & Home Care Tips | Breckenridge Associates Real Estate | Page #62

Day Five of the Pro Cycling Challenge begins in Breckenridge and a swarm of bikes will cover Main Street, move incredibly fast up the Blue River Valley and climb Hoosier Pass covering 118 miles before crossing the finish line in the Garden of the Gods.

If you watch the Tour de France for the scenery, the US Pro Cycling Challenge is your kind of bike race. For seven days at the end of August, the same cyclists who ride Le Tour climb and descend the mountains of Colorado, and on Day 5, cameras will roll above and along with these riders from Breck to Colorado Springs.

Great Viewing Ideas for Day 5

Just imagine a line of moving bicycles emphasizing the graceful bend in the Blue River as seen from the hill near Bekkedal. What will they look like from Rocky…

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Wow! There have been so many beautiful summer days to enjoy an epic Breckenridge hike! The latest Top 5 Real Estate Deals for Breckenridge Associates Real Estate was shot in Blue River, just a few miles south of Breckenridge. There are several hiking trails from this location. One trail leads to a private community fishing lake, called the Goose Pasture Tarn, where you can catch that big trout! And if you walk quietly, you might even see the Moose, elk and deer that love to hang out there. Here are our selections for the Top 5 Real Estate Deals for August.

And, now for our Top 5 Real Estate Deals for August 2012.


1.) 96 Subdivision, Blue River
Talk about peaceful, this is a dream location where this 3 bedroom home awaits your family adjacent to ponds,…

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Mortgage rates on a 30-year fixed mortgage hit another low this month, dropping to 3.53% from 3.56% according to Freddie Mac. The Federal Reserve is continuing to aggressively push rates down. This was the 12th time in 13 weeks that a new record was set. These numbers are according to a Freddie Mac survey of what lenders are offering to well-qualified buyers.

A 15-year fixed rate loan averaged 2.83% and was down from 2.86%, also a new record. The typical start rate on a five-year hybrid loan, which is a fixed rate until it turns adjustable in year six, was at a record low level also, averaging 2.69% down from 2.74%.

Buyers, low pricing and low mortgage rates are in your favor, and this is perfect combination to allow you to buy into the market with…

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Join us on our front porch of the Breckenridge Associates Real Estate office at 9:30am on Friday, August 24th for Bloody Marys and Bagels. Count down to the Stage 5 Breckenridge start of the USA Pro Cycling Challenge from the best front lawn viewing area in town! 


Prior to the official start of the race, the athletes will begin with two neutral laps beginning at 10:50am, with each passing by the Breckenridge Associates Real Estate office. The official start will then follow on Main Street between Washington and Adams, making the view from our front porch exciting and truly a part of the action!
Stage 5 of the race departs from Breckenridge and features a 10 mile climb up to Hoosier Pass to 11,500 feet for a single summit and then a quick descent…

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Breckenridge’s new rodeo has been a huge success thus far with a sold-out, packed house at the inaugural event on its opening weekend. This Professional Rodeo Cowboys Association (PRCA)-sanctioned event has welcomed high-caliber cowboys competing in bareback riding, team roping, rodeo, bull riding and more fun and entertaining events for the family.


The PRCA event is not only entertaining to watch, but it’s a chance for professional competitors to qualify for the national competition in Las Vegas. The rodeo circuit in the high country is Beaver Creek on Thursday, Steamboat on Friday and Breckenridge on Saturday and Sunday. Pay out for the local competition on the inaugural weekend was $14,000. The National’s in Vegas pays out more than $5 million. 

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What we are seeing in the LOCAL Summit County real estate market: In a nutshell, sales are up, but dollar volume is not.
We experienced a veritable flurry of contracts throughout the months of May and June, doubling the activity in the same months last year. This spike brings the 2012 transaction numbers roughly even with last year's steady improvement in the Summit County market.  Properties that are priced competitively are receiving vigorous activity; others that are not languish for attention.  
Year-to-date, gross dollar volume is down 7% from the same period in 2011. We are pacing above 2009 and comparable to 2010 dollar volume at 6 months into 2012. Transactions are up year-to-date 3% from 2011 and are the highest since 2008 with 612

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As the summer is heating up so is the real estate market in Breckenridge. We've made our selections for July's Top 5 Real Estate Deals list. We have 5 great deals in Breckenridge. Now is the time to buy real estate in Breckenridge, Summit County and Park County. Contact your Breckenridge Associates Real Estate Broker/Partner to learn more about the real estate opportunities in Breckenridge. Call 970.453.2200. 
And, now for our Top 5 Real Estate Deals for July 2012.


1.) Low Interest Rates, Refinancing & Real Estate Deals
#1 on everyone’s list should to be interest rates paired with historically low home and land prices. Even if you are not in the market for a mountain property, you should look into refinancing your home. We have seen interest rates on…

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Recreating on Lake Dillon is a must for visitors and locals alike. Lake Dillon is home to two marinas – the Dillon Marina and Frisco Bay Marina. Dillon Reservoir is a multi-use recreation and water-storage facility owned and operated by Denver Water. It is the largest water storage facility in the Denver Water system. Dillon Reservoir’s surface area of 3,233 acres and 26.8 miles of shoreline support many recreational activities.

Dillon Marina The Dillon Marina offers slips and storage, with some slip sizes still available for the 2012 summer season. The launch ramp is open 7 days/week, 8:30am-5:30pm (weather permitting).  Sailing lessons are available for beginners and intermediates. Tours and private lessons are also available. Sailboat, speed boat and…

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Breckenridge residential sales through June have increased by 14% over last year. Summit and Park Counties have seen an 18% increase. Pending sales have nearly doubled over the first half of last year. Current inventory is down slightly over 2011. Showings are up significantly – our office has seen an increase of more than 35% year over year.
Breckenridge Associates Real Estate’s office is leading the charge among local real estate offices in terms of sales sides and dollar volume sales in Breckenridge. Likewise, we are the leading office in dollar volume sales in Summit and Park Counties and a top performer on sales sides.
Buyers, this is the summer to buy real estate in Breckenridge. Mortgage rates have never been better and there are some great…

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Colorado is in the midst of wildfire season. Between the High Park, Waldo Creek and the Last Chance Fires, over 600 structures have been destroyed. Getting homeowners insurance may be more difficult for those with homes nestled in the forests. The recent wildfires have insurance companies seeking strategies to protect homes and reduce further losses. A long term build-up of woody fuels and recent hot, dry weather are contributing factors to the erratic fire behavior.

Insurance industry response to the extreme wildfire season is a stricter enforcement of their defensible space rules. At this time, no homeowners insurance will be issued without a physical inspection and a defensible space plan for removing trees. This has put a kink in closings causing…

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