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Happy New Year! This is what’s happening in Breckenridge

We had a great year and so appreciate everybody that contacted us. We just broke our personal 20 year record!! Yahoo! 2017 is going to be awesome.

Here is what is going on with the market.  The final numbers are not in yet, but I did do a quick check to see where the market is as of today for last year. The average sold price for residential sales and if that holds the increase in 2016 is just over 7%. Oh, and the average sold price for residential sales (homes, townhomes, condos, duplexes) is right at $595,000! The list price to sold price is  at an average of 97.4% with a high of 106% so not much wiggle room.

If history repeats itself there will be more inventory in the spring but as you can see they go quickly. My listings in 2016 were selling before I could get them in the MLS.

Roger and I wish you and your families as great New Year of health and happiness!

May is “mud month” in Breckenridge – best time to buy property!

Buy this mud season

OK so that sounds strange right? We are in between seasons right now. The skiers have gone home and the summer tourist are not here yet. This means it is easy to get in to see properties because most of them are not rented. You are also getting in before the prices go up in summer as they do every eyar. Typically the owners of these new listings are planning on these summer prices and price their homes and condos accordingly.

Also, don’t forget Breckenridge has wonderful activities to offer in the summer. We are not just a winter destination anymore. Go to www.gobreck.com and find out all the fun things to do and plan your summer vacation. Of course while you are in Breckenridge stop by and say hi and have some coffee with us and we can talk about the Breckenridge market and investments you might be considering.

Let’s get ready to buy homes in Breckenridge this summer

Buy Homes in BreckenridgeSo we are getting close to the slopes closing and the spring break folks are heading home. It was a great ski season with lots of happy skiers also some happy new home owners that bought their dream mountain home in Breckenridge. You have heard me talk about the lack of inventory we have experienced this year and it looks like that is slowly changing. Most of my owners rent out their Breckenridge ski in ski out property or their log cabins for the ski season. They like the income they are making this time of year. So, as things wind down there are more properties starting to come on the market.

Also, if you are considering purchasing an investment property in Breck or just a family home in the mountains it is a much easier time to get in to the properties themselves because they are not booked up with renters. When you are here to ski you want to play so now you can come and see us, relax, have some coffee and we can go out and look at some of your dream homes.

Kingdom Days & Town Party in Breckenridge

RE/MAX
Roger and Teresa MoenYour Mountain Realtors in Breckenridge, COIt’s the Town Party & you are invited! Plus, Kingdom Days all weekend!

  • The Breckenridge Town Party is Friday June 19th, 4:30pm-9pm: Food, music, and fun! The official start of summer in Breckenridge! Details on gobreck.com 
  • Family-friendly Kingdom Days comes to Breckenridge, Friday June 19th to Sunday June 21st. Panning for gold, gunfights in the streets, plus: the Outhouse Races! Fun for all ages. Details on gobreck.com
  • Frisco’s Annual BBQ Challenge is this weekend, too! Friday and Saturday, only
  • Check out the cool video from Kingdom Days a few years ago (below)
Click to play video

Hope you can come to the party!And just so you know, the Breckenridge real estate market is continuing to heat up. The number of sales is about 7% above last year, but the average selling prices are about 10% higher than last year. We are seeing some multiple offers and competing buyers. And some segments of our market, such as homes between $1 million and $2.5 million, are selling better than in the past 7 years. Yet, our prices are still well below the peak prices of late 2007. So, it’s a great time to buy!If you’re enjoying our emails, fantastic. But if not, just click the Unsubscribe button, and you’ll be removed from our list immediately.

Thanks!

Roger & Teresa

RE/MAX Properties of the Summit
Roger and Teresa Moen

Phone: (970) 376-2039
roger@themoens.com
http://themoens.com
Each Office Independently Owned and Operated

 

Here is how the 2015 summer is shaping up!

In a nutshell, prices are up in Breckenridge about 10%!! Yahoo! We are coming back. The number of sales are up 7%. The most exciting news of them all is the fact that we are up on under contracts by 40%!!! Under contracts means that the Buyer and Seller have agreed on price and terms but it has not closed yet. This is really good news. On the down side the properties that are the right price and fixed up to sell are flying off the shelves. It promises to be a great summer.

How’s The Market In Breckenridge 1/31/15

How’s the Breckenridge, Colorado real estate market? It’s time for our year end review! We have a recovering market, with (more…)

Now is a great time to be trading up on your mountain home!

As we enter in to the new year the appreciation has been minimal here in Breckenridge. Also the sales were up only 5%. We are recovering but it is slow so if you were thinking about trading up for a larger condo or house closer to town etc this could be a great time. We did just that and bought a larger condo for almost the same price as we sold one for as we had built up equity. With interest rates still low and prices still low if you choose it right it could be a great way to get that property you really want. Some segments are increasing at different rates or different times of the year. For example studios are selling hotter right now than one or two bedrooms for example. Real estate is always about timing. Let us know if we can help.

Holidays in Breckenridge!!

winter-in-breckenridge-co

Happy holidays everybody. I am often asked what goes on in the real estate market during the holidays and if I still sell a lot of mountain homes and investment condos etc. The answer is yes!

It is a really good idea if you are thinking of coming to visit and looking at homes to plan ahead. Many of the condos and homes that may be for sale and are on the market can be rented. This is our busiest season. Getting in to see properties is easier during the week also. If you do buy an investment condo or home many times the properties are on rental contracts so the purchase comes with those rentals in place and legally have to “survive the closing”. Good news for you as a buyer is that the rental money goes to you as of the closing date. It is a great way to pick up extra money to help finance your new vacation or second home. Call me to discuss more in the mean time be safe and enjoy all this great snow!

Have to brag at bit! We are the ones to help you buy your Mountain Home!

 Remax Properties  is ahead of last year at this time for the number of properties under contract by 30% with the county being up about 18% (this means the sales done in Summit County by all of Summit County Realtors). Congrats to us on “Out Pacing” the market! Roger and I have already had a great first and second quarter. This is exciting news everybody. We are in recovery so the loan rates are low and it is not too late to get in on these prices before they start going up again and they will. They always do! So buy low sell high. Not rocket science. Come live the dream with us in the best place in the world to own a second home or a ski in ski out property! Seriously it is the best place on earth. Hope you all have a Happy 4th! Come and see us!

Vacation Homes in Breckenridge Colorado

vacation homes Breckenridge Colorado

Are You looking for a vacation home in Breckenridge, Colorado?

Owning a second property as a vacation home for your family is a true luxury you’ll enjoy, whether you’re buying a little cabin in the woods as your second home getaway or you’re buying a large, elegant mountainside vacation home.

But before you embark on obtaining your dream vacation home, ask yourself, what are your vacation home needs? Not everyone dreams of the same type of vacation home. Some people want to find an older vacation home and fix it up as they go and other clients tell me they just want to have a second home in Breckenridge as their getaway from it all where they escape from their day to day lives to go play and rest and not have to worry about fixing anything! The good news is that many of our vacation homes are fully furnished when you purchase so you can close at noon and fix dinner for the family by 6:00!

So what should you consider before buying a vacation home?

Ask yourself if you want your second home to be away from it all in a more rural location or do you prefer your vacation home to be right in the heart of town with the ski slopes at your doorstep?

Another thing to think about when buying a vacation home in Breckenridge, Colorado, is whether or not you want to offset your mortgage by renting your second home out when you are not using it.

Many people use their vacation homes this way, generating rental income from their second homes during the time they are empty. If this sounds appealing, and you would like to generate extra income by renting your vacation home when you aren’t using it, we can help you get started with a rental company that specializes in renting vacation homes and second homes and explains how that works.

So whether you are looking to buy a second home to use as your vacation home, or if you are looking to rent your vacation home when you aren’t using it as a way to generate income, give us a call and we can help!

Contact us and we’ll help you pick the right vacation home today!

WATCH OUR VIDEO ABOUT BUYING A VACATION HOME IN BRECKENRIDGE COLORADO

For More Information About Vacation Homes in Breckenridge Colorado, CLICK HERE