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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!

  • Winter is coming to Breckenridge!

    The leaves have changed and the streets are quiet. Everyone is getting ready for the ski season. Last year every room and condo in Breckenridge was booked especially for the holidays so plan way ahead for your vacation. If you have any questions while you are here we are happy to help. The website www.gobreck.com is great to see what activities are going on. We know the good restaurants, ski rentals etc. We of course would love to speak with you about buying your condo or mountain cabin in Breckenridge whether it is slope side or more rural. Many times people are with their families for the holidays and will meet with us and then come back when there is more availability to look at property when everything isn’t rented. If you are considering selling your property in the spring, many times there are more contractors available in the winter so you can get on their schedule. Plus it makes selling more easy if your home is prepared and less stressful for you. We have some wonderful people if you need any help with that. We are happy to come and give you ideas on what will help your house sell and make sure you are doing the right upgrades that will get you a good return on that investment.

  • Why the Rapid Growth of Summit County is Good For Us Locals

    Best time to buy in Summit County COSummit County real estate is booming. Really booming.

    In the beginning of this year, it was predicted that Summit County would receive and approve the same amount of building permits as they did in 2015. This prediction has already been proven inaccurate. In fact, the county has received many more permits this year.

    Last April, the town of Silverthorne approved 25 new residential development permits—a huge jump from only six permits in April 2015!

    People from all over the USA are coming to Summit County in droves. Some of them plan to live here all year round. Some are second homeowners. A few are real estate investors. Whatever their reason for being in Summit County, they’re buying homes in Summit County left and right.

    Buy Homes in Silverthorne COIn order to keep up with the demand for housing and real estate in Summit County, developers are snapping up land all over the area, mostly in the northern part of Silverthorne, and putting into motion new residential development projects faster than you can say, “Welcome to Summit County.”

    Many of us Summit County locals aren’t happy with the construction boom in the area. Who could blame us? Construction vehicles and large pieces of construction equipment are everywhere. The roads have gotten a bit more crowded. Public places have gotten a little noisier. Summit County is changing, and we hear you loud and clear.

    However, what if we told you that the rapid growth of Summit County is actually a great thing, especially for us locals?

    It really is! Just hear us out.

    With more people coming here, Summit County is making a lot of money in sales tax and excise taxes. To avoid getting bogged down in the details and numbers, let’s take a look at Silverthorne in particular:

    • According to Summit County’s 2016 budget report, the county’s sales tax revenue was predicted to increase by 2% this year. However, by April, Silverthorne had already exceeded that goal. Its year-to-date sales taxes had risen by 2%. From January 2016 through April 2016, the town of Silverthorne alone brought in $3.16 million.
    • Silverthorne is making a killing on its excise-tax collections. It went up 440.7% compared to April 2015 and 259% year-to-date compared to the previous year.

    Buy Houses in Silverthorne CO

    So what does this mean for us?

    Better roads, nicer public facilities, cleaner parks, improved bike trails, and increased maintenance for other departmental services provided by the county.

    Two percent of all sales taxes across Summit County go toward these programs and services. In addition to that, up to 2.5% of the sales taxes go to their respective towns. The percentage depends on the town. For example, Silverthorne takes 2%.

    Just when we’re starting to think that Summit County couldn’t get any nicer, an opportunity arises for it to do so. Do you have any ideas on how Summit County should spend its newfound money? Let us know!

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