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Breckenridge Real Estate Blog

In what was an uncertain economic year, Breckenridge and Summit County real estate faired well according to local MLS data obtained at the end of 2009. In an annual comparison to 2008, real estate sales dollar volume and overall number of transactions were down between 12% and 13% in Breckenridge, and in Summit and Park County areas the same numbers dropped between 13% and 15%. However, summer and fall months gained momentum with approximately 72% of Summit and Park County transactions taking place the second half of the year.

With average sales prices realizing 2005 numbers, buyers sought and found better local deals in 2009 than in the last 10 years. First-time homebuyers took advantage of the government tax credit and were able to enter into the market.…
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Ullr, Ullr, Ullr!

It’s that time of year again where Ullr (pronounced Ooh-ler), the mythical Norse god of Winter, heads to Breckenridge, Colorado and blesses us with with the finest fluffy white snow in the world. To help repay Ullr for his gift of snow (we hope he brings us lots more in 2010), the local Breckenridge community gathers together with a grand week-long winter festival like no other, January 10-16, 2010.

You won’t want to miss the unbelievable energy this event brings to Main Street and beyond. There’s something for everyone to enjoy: live entertainment, a bar series, a Nordic event, ice skating, the Ullympics and the always memorable and sometimes wild, Ullr Parade.

This year, our very own – Rob Neyland and his wife Debbie – have been honored…
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The most expensive listing in Breckenridge, Colorado closed December 30, 2009 for $8,285,000.

FOR IMMEDIATE RELEASE
Breckenridge, CO – January 5, 2010 – This record-setting sale is a ski-in, ski-out premier estate property located in the prestigious Timber Trail Subdivision on Peak 8 of the Breckenridge Ski Resort, and is one of only three lots directly on Trygve’s Ski Run. The selling price for the 6,565-square-foot home was $8,285,000, or $1,262 per square foot. Listing broker for the property was Broker/Partner, Andy Clapp, of our Breckenridge Associates Real Estate office.

The previous record sale in Breckenridge was a $5,550,000 home, also listed by Breckenridge Associates Real Estate. It sold in July 2008. This new sale breaks the previous record by…
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On behalf of the Breckenridge Associates Real Estate brokers, we'd like to wish you and yours the very best in 2010. There's really not a better place to kick off the new decade than in Summit County. Depending on where you are and where you want to be, we've put together a list of some of the happenings in the area for New Year's Eve celebrations.

Breckenridge
Yamn, formerly of Breckenridge, Colorado is bringing their annual New Year's Eve show to the Riverwalk Performing Arts Center for an all ages show. Ring in the New Year in the heart of Breckenridge listening to great music. For more info. about Yamn click here . Doors open at 7pm and the show begins at 8pm. The Town of Breckenridge New Year's Eve fireworks will be visible from right outside the…
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For the fifth straight month, October real estate prices showed another slight gain over previous months. Home prices were up .4% over September at October's close. While overall the housing gains appear flat, we are seeing some solid gains. A spike in consumer confidence for December has encouraged investors and U.S. stocks also reacted positively on Monday with an early rise in trading. View the full article here BBC News Article. http://www.BreckenridgeAssociates.com
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Though it hovered slightly below pre-recession levels, tourism spending was on the rise for the third quarter of 2009.

More was spent on transportation, and fuel prices jumped, contributing to higher overall spending on tourism. Spending increased at a 6.4 percent inflation - an adjusted annual rate in the third quarter after rising 0.2 percent in the second quarter. The overall economy grew at a 2.8%.

To read a full article, visit this link to the Wall Street Journal . http://www.BreckenridgeAssociates.com
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Are you familiar with what the FHA Section 203k offers? It is a program specifically designed to rehabilitate and repair single-family homes. The 203k is a single mortgage loan providing funds to purchase a home and make repairs and improvements. If you are considering a new home purchase and have found a home with potential that needs some work to suit your needs, you should find out if the home could qualify for the 203k loan or at least learn more about this new program. If the buyer and the home meet the requirements, the remodel loan can be built directly into your mortgage.

For more information on the 203k loan program click here or click here . http://www.BreckenridgeAssociates.com
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Thank you to all the participants, volunteers and sponsors for the 2nd Annual Breckenridge Snowflake Challenge on Main Street Breckenridge, Colorado.

And the winners of the $2k grand prize are:
1st, The Grinch that Stole Christmas. Located in Blue River Plaza (They are 2nd year winners - Congratulations and great work)

Our other talented winners include:
2nd, Charlie Browns Christmas (snoopy Doghouse). Located in front of Main Street Outlet, Breckenridge.
3rd, Sled Dogs. Located by the Photo Shop at Adams Street, Breckenridge.
4th, the Pizza Guy. Located at Fatty's on Ridge Street, Breckenridge.
5th, Snow Globe. Located in front of Paragon Lodging on North Main Street, Breckenridge.
6th, Dog with Camera. Located in front of La Cima Mall on Main Street,…
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Back for a second year, the Winter Dew Tour will once again begin its 3-stop series at the Breckenridge Ski Resort. This not-to-miss tour consists of 3 major, multi-sport events spanning across the U.S., with a cumulative points system, and a $1.5 million competitive cash purse. Each stop of the tour features men's and women's snowboard (superpipe and slopestyle), and men’s freeskiing (superpipe and slopestyle).

The Winter Dew Tour will be broadcast live on NBC Sports from 11:30am-2pm, Saturday, December 19 and 2-4pm, Sunday, December 20 with additional competition and lifestyle broadcasts on USA, MTV and MTV2 and is also distributed on Fuel TV, Universal HD, Rush HD, and internationally on Eurosport, Fox Australia, Extreme Channel and Allarco Superchannel.

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