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  • How's The Market 6/14/12

    How’s the real estate market in Breckenridge, Colorado?

    The number of sales in Breckenridge is down 8% vs last year at this time. Prices are still flat, on average; however, homes under $500K are still our hottest segments – there is only a 7-month supply.

    Countywide, the number of sales in overall Summit County is up 13% vs last year. But, how about foreclosures in Summit County – are there more than ever, or fewer than there were? Watch our one-minute video, below, to find out! For more details on the market, see our article,     Foreclosures: Getting Better or Worse?

    This video was filmed at the East Hoosier Diversion dam in the Alpine Breckenridge subdivision.



    Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.

    Please check back from time to time, for     more videos.



  • Foreclosures: Getting Better or Worse?

    Hello from Breckenridge, Colorado!

    What’s going on with foreclosures in Summit County? Are there more than ever, or fewer than there were?

    Get the quick answer from our 1-minute video, or see the details below.

    The short answer is: It appears that wave has crested, and is on the decline. The number of foreclosures in Summit County is down 50% vs last year at this time.

    The chart below shows the number of properties that went into foreclosure in Summit County:

    • All property types (homes, condos, land, commercial, etc) are included except timeshares
    • In 2008, there were only 33 foreclosures, county-wide. In 2009: 47. Then a big jump to 104 in 2010, peaking at 145 foreclosures in 2011.
    • So far, through the end of May 2012, we’ve had 37, vs 74 from 1/1/11 to 5/31/11. So, we are at exactly half the number of foreclosures compared to last year at this time. Good news!
    • The number of REO (Real Estate Owned) bank sales is comparable – down about 50% vs last year
    • A number of factors could change this picture, but this is the current snapshot. We’ll keep you posted!


    Screen Shot 2012-06-13 at 1.55.02 PM

    The raw data for this chart was provided by Maggie Dew, the Business Development Officer for the Summit County branch of Stewart Title. You can reach her at (970) 393-2536. Thanks, Maggie!

    So, now you know the story on foreclosures in Summit County. Believe it or not, we have even more data, so if you like market statistics, you know who to call!


  • Sawmill Creek Condo For Sale

    Our newest listing, in the Sawmill Creek condo complex!

    Ski-in, 1 short block from downtown Breckenridge, top floor penthouse with ski area views, and the top-grossing condo in the complex – what more could you want?

    For more information, including pricing and beautiful professional photos, click here.

    Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.

    Please check back from time to time, for more videos.



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