Market News

• The Breckenridge real estate market is among the strongest!

  Thursday, August 13th, 2009

  “The Breckenridge real estate market is among the strongest in the entire United States, and even in the remarkably stable state of Colorado. Breckenridge is a resort community, meaning that there are almost no commercial or industrial properties to be considered in the overall Breckenridge real estate market. The residential portion of Breckenridge has proven [...]

• Price reduction!

  Friday, July 3rd, 2009

  Luxury ski in Breckenridge condo - real estate for sale
  On July 1st theowner reduced the price of this condo by $100,000.
  You simply can not find a better location in Breckenridge. Just steps from the Quicksilver Superchair and on Main Street, this 4 bedroom luxury Breckenridge condo will accommodate your every need. The living room [...]

• Summit County Home Assesments

  Wednesday, June 17th, 2009

  I read this Opinion written on Summitdaily.com and thought it was important for our community to know about. As I mentioned it is just one persons point of view and there is a link at the end of the article to it, where over 80 people have commented giving there opinions as well.
  “Dear Madame [...]

• Summit County & Breckenridge Real Estate Market Update - 1st Quarter Report

  Thursday, April 16th, 2009

  It’s a good time to be a buyer in Breckenridge Real Estate!
  It’s still hard to get used to, but the Summit County & Breckenridge real estate market is officially soft.  Local attractions for investors (like a great town, great skiing, & diminishing vacant land) are still in place, but listings are stacking up. Along with [...]

• 2008 Second-Home Sales Decline; More Buyers Pay Cash

  Wednesday, April 1st, 2009

  WASHINGTON, March 30, 2009
  The combination of vacation- and investment-home sales slipped to 30 percent of all existing- and new-home transactions in 2008, according to the National Association of Realtors®.
  However, more than four out of 10 investment buyers and more than three in 10 vacation-home buyers paid cash for their properties, with large percentages indicating [...]

• The Mortgage News Summit County Has Been Waiting For!

  Friday, March 20th, 2009

  A message from the desk of Terrence J. Power:
  Power Mortgage Corporation - www.powermort.com - 970-453-3997
  March 18, 2009
  Today the Federal Reserve Board announced that it is increasing the amount of mortgage backed securities that it will buy from $500 Billion to $1.25 Trillion dollars in an effort to further reduce mortgage rates and improve the housing [...]

• Economic Stimulus for Summit County First Home Buyers

  Thursday, February 19th, 2009

  The federal government authorized a stimulus package that is a great opportunity for first time home buyer’s.  The American Recovery and Reinvestment Act of 2009 offers up to $8,000 for qualified first-time home buyers purchasing real estate as a principal residence on or after January 1, 2009 and before December 1, 2009. This is an [...]

• Summit County & Breckenridge Real Estate Market Conditions - 2008 Review

  Wednesday, January 28th, 2009

  2008 Summit County, Colorado Year-End Statistics & Market Conditions
  Also see “Keeping an Eye on 2009″
  $ volume sold thru Sept. 2008 : $824,000,000 – ↓ 30%
  4th Quarter $ volume : $237,287,900 – ↓ 46%
  Total # of 2008 of transactions : 1,834 – ↓ 43%
  Ave. price for a residential unit : $582,545 – ↑ 10.2%
  Despite near record [...]

• Breckenridge Real Estate Market Conditions - Keeping a Close Eye on 2009

  Wednesday, January 28th, 2009

  Keeping a Close Eye on 2009
  So far, prices of Summit County and Breckenridge real estate remain relatively stable, but rest assured, buying patterns are down and the abundance of inventory has created a buyer’s market for the first time since 2002.  The Breckenridge real estate market has experienced price reductions recently, but prices are merely [...]

• Breckenridge & Summit County Real Estate Market Conditions and Sales Statistics

  Tuesday, August 19th, 2008

  The market has not changed much since the July 21 report, however there have been renewed signs of strength in the market in the late summer. Typically August and September are the busiest months for real estate in Summit County and we have seen evidence that pattern is consistent.
  This the fourth year in a row [...]

• Breckenridge & Summit County Real Estate Market Conditions

  Monday, July 21st, 2008

  After a three year run of defying national market conditions, Breckenridge and Summit County real estate markets are experiencing change. Last fall, the lending meltdown was a major catalyst for change. The situation is not bleak, but the difference in just a few months is amazing. Now with great difficulties obtaining a loan and the [...]

• Summit Under Changing Market Conditions in 2008

  Sunday, June 1st, 2008

  After 3 years (’05-’07) of record appreciation (20% +) in the Breckenridge real estate market, there has been a notable shift in the market that started around the turn of the year. Likely due to national economic conditions, buyer demand has decreased noticeably allowing inventory to build up, especially for properties under $400,000.
  Despite the [...]

• Keystone Real Estate Market Conditions

  Sunday, June 1st, 2008

  Keystone, Colorado also seems to be slowing a little in demand recently, but conditions still favor sellers currently.  There have been many new listings in the last month and not many have gone under contract. This listing surge is normal behavior this time of year as summer is the busy real estate selling season.  In [...]