As the hot (78 degrees) August 2010 days fade to a fond memory the Breckenridge Real Estate market is showing resiliency. Continued price reductions have brought buyers in to consumate some amazing deals in the mountains. A two bedroom condo at Longbranch in Breckenridge closed in the last week of August for $295,000! What?!!?? A two bedroom skiers condo with a swimming pool, hot tubs, garage parking, on the bus route, within walking distance to the Breckenridge gondola has sold for under $300,000? YES! Prices are back now to where many more people can afford to buy, and mortgages are available at rates lower than EVER before! For example, that Longbranch condo could have closed with a 90% mortgage and a rate below 4.5%!! What? YES. That's a monthly payment under $1400. You can't even rent one for that price! Today's buyers are SMART! They are buying at THE right time > WITHOUT A DOUBT. Stay tuned > as we compile August statistics for Breckenridge and the greater Summit County area we'll make them available to you, right here!
This weekend join us for the famed Summit Foundation's Rubber Duck Race in Breckenridge.
Watch as thousands of rubber duckies float the beautiful Blue River through downtown Breckenridge on Saturday, beginning at the Maggie Pond at around 11am. The finish line for the "race" is at the Breckenridge Riverwalk Center, home of the National Repertory Orchestra.
Get your ducks today! We hope you get a fast one! There are many valuable prizes to be given away. It's a fun-filled fund raising event that is sure to bring smiles to every onlooker and in the end, the funds raised serve to enhance the lives, and in many cases make monumental positive changes in the lives of those touched by the Summit Foundation.