Summit County Real Estate News, Local Happenings & Home Care Tips | Breckenridge Associates Real Estate | Page #66

UllrFest 2012 is new and improved.

Tomorrow, Thursday, is the parade and following it will be the return of the bonfire. For many years, safety concerns prevented the town from having the big outdoor fire that had been a fixture of the fest. But this year, the fire is back in Ullr. After the Ullr floats parade from north to south down Main Street they will circle back to the start and over to the Gondola parking lot where the bonfire will be lit.  The exact location is the southeast corner of this lot, or directly behind Breckenridge Town Hall.

For those who remember the old days, there will be no throwing of skis into the bonfire! We're green now. Skis, and many other things that were historically thrown into the fire, do not burn cleanly.

New to the 2012…

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A quick look at the statistics available for 2011 indicates there were a lot more Buyers taking advantage of low prices and even lower interest rates than in 2010. Sales of Summit County Single Family Homes in 2011 outpaced sales in 2010 by approximately 14%. In Breckenridge, area Home Sales were up for the year a whopping 32%. Sales of Condominiums in Summit County in 2011 were up an impressive 8% in number of transactions for the year. In Breckenridge, 2011 Condo sales increased 7% over sales in 2010.

These are all positive indicators of the demand for property in Summit County. On the supply side we are seeing a decrease in the numbers of Available Inventory in all categories. Listings of Condominiums in Breckenridge are currently about 25% below the…

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Happy New Year and thank you for joining us for another edition of our Top 5 Best Real Estate Deals in Breckenridge! The holidays have been beautiful and mostly warm with a little snow and lots of sunshine. There are some great events coming up in the next few weeks including Ullr Fest and the International Snow Sculpting Championships. Be sure to check out our Events Calendar for the latest winter events in Breckenridge and Summit County.  

For January, we're counting down the Top 5 Real Estate Deals as we jump into the new year. Here we go.



5.) 242 Goldenview Drive & 1226 Forest Hills Drive, Breckenridge
Our #5 pick is going to be vacant land in general with 2 specific properties that really stand out. Vacant land has been one of the hardest hit aspects…

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Whatever the headline reads we can all agree that mortgage rates are really low. The benefit of these low rates to Real Estate Buyers can be substantial. The difference between a rate of 4% and 5% on a 30 year mortgage loan of $600,000 can amount to $128,000 over the life of the loan, or $350 each month.

If you are waiting for the Real Estate market to drop another 1% or 2% before you buy, consider the following. If rates go up just ½% you will possibly pay $15,000 less for that $750,000 house and end up paying $63,000 more in interest over the life of the loan.

You may have heard that the Federal Reserve has promised to keep rates low until the middle of 2013. The problem is that they can and do change their mind if the economic outlook changes. In…

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January 24 marks the return of the annual and much anticipated International Snow Sculpture Championships (ISSC). Artists will spend 65 hours carving 20-ton blocks of snow into awe-inspiring masterpieces. Snow sculptors from around the globe will make Breckenridge their home during the event, taking place January 24-February 5, 2012. The competitive field is made up of 15 teams this year and the talent pool of sculptors will be exceptional as most every team has medaled in competition before. 

The International Snow Sculpture Championships will again be cast under a LED-lighting display as introduced last year, illuminating the sculptures and giving a different perspective to the event. We highly recommend checking out the snow sculptures in the evenings…

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The 4th Annual Breck Snowflake Challenge Amateur Snow Sculpture Competition in Breckenridge was a huge success. This event saw 17 local teams haul in their own snow and create amazing works of snow art up and down Main Street. After a week of hard work and fun, the top artists were awarded nearly $3,500 in cash combined.

Winning Teams for the 4th Annual Breck Snowflake Challenge: 1st = $1,500 Team Gravy Train 2nd = $1,000 Team Wagner Designs 3rd = $500 Team Snow Caps at Paragon Lodging 4th = $250 Team Fatty's 2 Honorable Mention Prizes, $100 each - Team CrossFit Breckenridge and Team Ready, Paint, Fire. These Honorable Mention Prizes were last minute prizes pledged by Breckenridge Associates Real Estate ($100) and by the 3 event judges: Ken Miller,…

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The Annual Breck Snowflake Challenge is underway and while we don't have pictures yet to share for this year's event - since it's just getting going - we can share some in-progress photos below from a previous year's contest. (We'll post photos of completed snow sculptures and the winning teams in our January ENewsletter.) We are always impressed with the sculptures our local talent brings to the table. Take the time to stroll Main Street later this week and cheer on the snow artists as they tackle the elements to create their own snow art masterpieces.

Last year's record early season snowstorms helped create the perfect canvas for the sculptors, while this year the artists have to work a little harder to find large amounts of snow. It's all part of the…

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It is an exciting time here in Breckenridge and Summit County as we enter the holiday season. The ski areas are open and we hope to see you out here enjoying the snow and the multitude of spectacular events lined up for the 2011-2012 ski season.

Ok, now onto what you are here for...the Top 5 Real Estate Deals for December 2011.

1.) 31 Long Ridge Drive, Breckenridge
These are no particular order and I am going to begin in the Highlands at Breckenridge and in particular a stunning single family home on Long Ridge Drive. This home sits on almost an acre of land and immediately adjacent to the Jack Nicklaus designed Breckenridge Golf Course. This location has always been highly sought after because of the spectacular uninterrupted views over the golf course to…

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Colorado faired quite well in the 2011 3rd Quarter Housing Report, recently released by the National Association of Realtors. Combined sales of single family residences, condos and co-ops increased in every state! Colorado showed an increase of more than 20%. View overall 3rd quarter home sales increases below.
Source: KCM Blog
Home Sales Increase Across the Country

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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