Copper Mountain Sale

Copper Mountain made news yesterday with its article in the Wall Street Journal on Powdr Corp's plan to purchase the resort before the end of the year. Here is a great opportunity to get into Copper Mountain Real Estate while prices are still low. Wall Street Journal article for more information.

Breckenridge Ski Resort Opens Today!

Get your snow gear ready for Breckenridge 2009-2010 start.   Make your first tracks of the season, on 4 runs including Springmeier, Spruce, Trygve’s and lower Crescendo. 

Breckenridge marijuana decriminalization

Breckenridge made National Headline News Tuesday with the announcement that Breckenridge, Colorado residents voted to decriminalize Marijuana. Unofficial results show 71 percent of voters approved the initiative.




The last time we were really put on "the map" was a few years back with the announcement of the Gondola.



Hope we will keep making news with lots of snow this year!!!

Loveland Ski area opens today!

Winter play season in Summit County is here! Loveland Ski Area opened today with A-Basin to follow on Friday.  Scheduled openings for other local resorts are:

Loveland: Oct. 7


A-Basin: Oct. 9

Keystone: Nov. 6

Copper Mountain: Nov. 6

Breckenridge: Nov. 12

Vail: Nov. 20

Summit County Colorado Weddings

Summit County is the ideal setting for mountain destination weddings. Summit County offers a spectacular wedding and vacation destination for the couple and a special place for family and friends to enjoy a vacation as well. Plan an outdoor wedding and take advantage of the grandeur of the mountains in any season; The mountains are a perfect backdrop not only in pictures but also in your memories.


A few to check out in Keystone are Timber Ridge, Keystone Ranch, Alpenglow Stube, Ski Tip Lodge and A new wedding venue in Keystone at River Run Village will be ready for 2010 weddings! Keystone is constructing a new permanent 4000 square foot pavilion for weddings and special events. The expected completion is July 2010 and will accommodate up to 300 people.

Some top favorite places in Breckenridge are: Grand Timber Lodge, Beaver Run Resort & Conference Center, BlueSky Breckenridge, Ten Mile station and Maggie Pond.

The Silverthorne Pavilion in Silverthorne, CO is a wonderful central Summit County it’s peaceful setting backs to The Blue River.

Breckenridge Octoberfest

If you are up in the mountains this weekend, don't forget to check out the festivities of Breckenridge's 15th Annual Octoberfest.

Summit County Sales week

Residential home sales are picking up in Summit County with 34  residential properties going under contract in the past week. to view: 9/18/09

Where can you get the most for your money in Summit County?

So we know we are in a buyer's market here in Summit County, but where are the deals within the deals? One area I encourage you to look at is Wildernest. It is a large neighborhood in Summit County just on the outskirts of The Town of Silverthorne. It’s wooded setting sits at the base of Buffalo Mountain known for many awesome hikes. It is right on the The Summit Stage bus route that services the Summit County area, which gives people the opportunity and convenience to access other parts of the county. Wildernest close proximity to I-70 is ideal for those looking for a central “home base” to visit four ski areas in the county, being about 20 minutes from Keystone and Copper Mountain, and 25 minutes from Arapahoe Basin and Breckenridge.

What happend this week in Summit County Real Estate?

Okay so here is the weekly Summit Real Estate County Scoop. We had 16 sales, average sales price $954,269 with a 93.59% sales price to list price.

Summit County 2009 Parade of Homes

Plan to come up to Summit County this month and enjoy the Parade of Homes. Dates are September 19, 20, 26 & 27, 2009. Summit County Parade of Homes will showcase over 20 homes, ranging from the $700,000s to over $3 million. Exciting to see on the list are very eco-friendly Green built Colorado homes.  Enjoy some spectacular homes with unique accents.  Always fun to see Summit County Ski Homes up close and get some great ideas. You can search all Summit County Properties for sale at http://www.skihomes.net/


Tickets are $10

Proceeds go to The Summit Foundation, a non-profit organization helping those in Summit County.

Summit County Bike Path Update

We are all very excited for the Swan Mountain Rec Path's progress! Phase II began August 10th and is expected to be completed by this November.  The ultimate goal is for the path to loop around Lake Dillon and to be complete by Fall of 2010. 

Featured Business

YOUR PUNCH LIST SPECIALIST!
Craig Tolmie, "The Summit Handyman" has lived and worked in Summit County for nearly a decade. Friends, customers and associates all agree that Craig is honest, reliable and hardworking. His craftsmanship and attention to detail is unparalleled. Craig will tackle not only a major remodel but any of those myriad tasks that need to be done to maintain your home.
What We Do
The Summit Handyman provides many services. We do anything from hanging a shelf or flat screen TV, building a new deck, to a complete kitchen or bathroom remodel.

Install Doors & Windows
Trim work
Drywall Repair
Hang Doors
Re-do hardware
Replace Fixtures
Finish Carpentry
Decks
Stairs & Railings
Miscellaneous


(970) 389-8399
There's no need to make multiple calls and set up different appointments for your home maintenance and repair projects. It is as easy as calling or e-mailing us your "To do" list. summithandyman1@comcast.net
www.summithandyman.com
No job is too small...don't hesitate to call...we do it all!!!
We look foward to helping you with your home improvement needs!

Keystone & Breckenridge Ski Pass on Sale this Weekend

Summit Pass on Sale $399

Colorado Pass on Sale $439

Epic Pass on Sale $599


In the last 2 weeks, over 85 properties went under contract the highest being a list price of $3,695,000
Over 40 properties Sold or Closed the highest $2,650,000
Over 260 total properties are Pending now ~ 110 of those over $1,000,000 - 32 over $2,000,000

Breckenridge Golf Club

Book These Specials NowBreckenridge Golf ClubPO Box 7965, 200 Clubhouse Drive, Breckenridge, CO 80424www.townofbreckenridge.com970-453-9104

Deal of the week

Summit County Deal of the WeekBest Priced 1 bedroom in River Run
$249,000.
Just listed today by another office.
Last 1 bedroom sale was at $329,500
Click here to see video of this property

This property has good fundamentals:
Nice amenities, Fireplace, Good location in the building, Big Deck, and
South Facing with Ski Hill Views!

Strong rental income over the past 3 years with good growth.
Details on the Buffalo Lodge 1 Bedroom


Follow this link and create a free account, if you want to search the Summit MLS for Keystone, Breckenridge or other Summit County Real Estate

Stayed tuned next week for 1, 2 and 3 bedroom units that have the potential to cashflow when they are rented out long term with relatively low amounts down. This will include a 2 bedroom Silver Queen that just reduced it's price to $205,000




Deal of the week

Useful Numbers

Useful Summit County Colorado Information

August Summit Scoop

August Newsletter:

Well July turned out to be a beautiful month, both for the weather and the fact that real estate activity is still on the rise. We're seeing a lot more real interest from buyers, and sellers are starting to get more motivated as well. As of August 6th there have been 50 properties marked Pending in the last 14 days - 25% more than this time last month and an encouraging statistic. Another tidbit - July had a record high number of cars traveling through the tunnel at over 1.2M, or over 38,000 per day! Summit County remains busy and it is a great buyer's market at the moment, with lots of choices and great deals. Click on link to view remainder of newsletter.
August Scoop

Summit County Build Out

Yes there are some amazing deals here!!! But what makes Summit County so different? Due to an incredibly small amount of land that can ever be built upon, Summit County enjoys a unique market condition. Over 80% of the land in Summit County is National Forest, Bureau of Land Management land and Colorado public open space (per Summit County). The availability of land left to develop is close to build‐out, especially in key locations. The easiest way to describe this is that Summit County is essentially an island surrounded by an ocean of national forest. This is the major difference between our local market and other metropolitan markets that are currently experiencing severe home value losses.

Breckenridge Art

Press Release:

Every year in beautiful Breckenridge Colorado artists convert mounds of snow into splendid works of art. From magnificent dragons and eloquent bouquets of flowers to abstract pieces, sculptors form spectacular pieces of art for thousands of viewers to see over a five day period in winter. The snow sculptures for the 2009 event in Breckenridge will be sculpted from January 20th to the 24th, using only the artists' two hands and permitted hand tools.
For the first time ever the art galleries of Breckenridge will be combining to create a Gallery Art Walk. The galleries of Breckenridge will be offering refreshments and hors d'overs from 2:00 P.M. to 8:00 P.M. on Saturday, January 24th, 2009 while visitors can explore the wide variety of wonderful art displayed in the galleries.
Every gallery in Breckenridge has something different to offer. You can view whimsical and humorous art, as well as beautiful displays of local art at Art on a Whim, contemporary fine crafts at Hibberd McGrath Gallery, and the wonders of glass at Fox Ridge Gallery. Spectacular fine art photography is on display at Altitudes. Images of Nature carries the images of Thomas D. Mangelsen's award winning photography. Local artists are in proud display at our local Co-Op gallery, Arts Alive. The newest gallery in town, Teal Gallery, carries a diverse array of exciting modern art. Beautiful custom Colorado jewelry can be found at J&M Jewelers. Vintage Snow features ski antiques, vintage ski art and ski decor. The wonderful Fine Art Photography of Gary Soles and John Fielder is on display at The Photo Shop. Hang Time Gallery is an exciting showcase for western, wildlife and landscape art. You are sure to find works of art that will be sure to please your personal taste at one of our galleries. During the Gallery Art Walk many of the Breckenridge galleries will be featuring artist showcases. Art on a Whim will have artist Fritz Anders in person during the Gallery Art Walk. Anders is famous for his pyrographic work, the art of burning designs or pictures in wood. Altitudes will be featuring award winning photographer Matt Lit. Arts Alive will be displaying their Winterscapes themed work, featuring artist Pam Herring and her ceramics and fiber arts. Hang Time Gallery will have artist Ann Weaver on hand, who will be unveiling her original watercolor created for the 150th anniversary of Breckenridge.

Kathleen J. Kennedy
Executive Director
Frisco Chamber of Commerce

Baby Boomers of the move

Good new for Summit County as most of our buyers here are of the baby boomer generation, money should be moving about too!

National Association of Realtors reports on November 25, 2008

One in four baby boom generation households (26%) expects to move from their current home in the future, with the majority looking for a single-level home that is more comfortable or convenient, according to a new survey prepared for AARP.Echoing past surveys, most boomers (79%) say they would like to stay in their current home for as long as possible. Some – less than 10% -- said they would like to stay in their current home but don’t think they will be able to do so.Many of those who expect to move said they will be looking for a better house, a better climate or a home that is closer to family and friends. More than half of those boomers (age 45-64) planning to move expect to look for a home that’s all on one level (59%). About half said they will look for a newer home (50%) or a smaller home (49%).The poll conducted by Opinion Research Corporation for AARP * was released to coincide with the announcement of the 2008 Livable Communities Awards from AARP and the National Association of Home Builders (NAHB) honoring innovative thinking in the field of home and community design.Older boomers are significantly more likely than younger boomers to think that they will move into a single level home (68% vs. 54% of those planning to move), but age is not the only factor that affects expectations. Boomer men are more likely than women to believe they will move into a newer home (61% vs. 42%) or move into a home in a warmer or better climate (41% vs. 25%) Boomer women are more likely than men to think they will move into a smaller home (54% v. 41%).

Breckenridge Winter Activities

Breckenridge Winter Activities

Skiing/ Snowboarding: Envision yourself poised on a mountaintop with blue skies, fresh powder and crisp, clean air all around you. Take a deep breath; this is pure heaven. Breckenridge’s interchangeable lift ticket is also good at Keystone and Arapahoe Basin Ski Areas with a complementary ride provided by the Summit Stage. With four world class resorts, Breckenridge, Keystone, Vail, Beaver Creek, and Copper Mountain are all within 20-60 minutes away.

Skiing/Snowboarding Lessons: Higher learning at 9,600 feet. Whether you’re new to the sport, a passionate intermediate or a seasoned expert, there are snow pros to help.

Sleigh Rides: One of the most charming ways to go through the woods is by horse drawn sleigh. Bundle up and enjoy.

Cross Country Skiing: Enjoy peace and tranquility as your glide between the pines and aspens.

Snowmobile Tours: Visit historic sites and feel the wind as you negotiate turns on this thrill-a-minute ride in our winter playground.

Dog Sledding: Ride a sled pulled by a team of magnificent canines.

Ice-Skating: Enjoy the Maggie Pond at the Village at Breckenridge or the Breckenridge Ice Rink.

Shoe shoeing: Take a show packed hike into nature.

Casino Trips: Visit the Blackhawk and Central City casinos just 45 minutes away.

Breckenridge Recreation Center: Offers rock climbing, racquetball, tennis, weightlifting, basketball, swimming, water slides, fitness classes and child care.

Carriage Rides: Enjoy a horse-drawn carriage ride through the Main Streets of Breckenridge.

Tubing: Keystone offers thrilling tubing rides. Wow!

Sledding: Carter Park is in the center of Breckenridge and offers a great sledding hill and dog park.

Health Spas: There are so treatments to choose from. Blue Sage Spa and Mountain Sanctuary are some wonderful centers.

Silverthorne Factory Stores: Need a break from the hill, head on down to Silverthorne and shop for some great deals. Nike, Ann Taylor, The Gap, Polo just to name a few.

Summit County Overview

This is an article in The Summit Daily News. I came across a few months ago that gives some great insight into our community.


Thursday, September 11, 2008

Summit County, Colorado, is located in the heart of the Rocky Mountains, approximately 65 miles west of Denver in the central Rocky Mountain region of Colorado. Summit County’s easterly boundary is located at the Eisenhower Tunnel on Interstate 70 and the westerly boundary is the top of Vail Pass on I-70. Hoosier Pass on Colorado Highway 9 is the location of the most southerly boundary and Green Mountain Reservoir is the most northerly.Summit County encompasses 599 square miles, containing approximately 386,053 acres. Most of the county is federally owned, with some 306,417 acres, representing 79% of the land being either the White River National Forest or the Eagles Nest Wilderness area. The remaining 21%, approximately 79,635 acres, is private land.The County has four primary population centers in the towns of Breckenridge, Frisco, Silverthorne and Dillon.Breckenridge is the oldest town and serves as the county seat. The permanent population is estimated at 28,000 people, an increase of 19% in the last eight years. Summit County had the distinction of being the sixth fastest growing county in the state between 1990 and 2000. Summit County is the home of four major ski resorts: Breckenridge, Keystone, Copper Mountain and Arapahoe Basin. All areas, with the exception of Arapahoe Basin, are major destination resorts providing full amenities from hotels and condominiums to retail stores and restaurants.The Blue River, Snake River and Ten Mile Creek all feed Summit County’s two large reservoirs, Dillon Reservoir and Green Mountain Reservoir. In the summer, sailboats glide across Dillon Reservoir, and a few kayaks, canoes and motorized boats dot the water.The dominant economic driver for Summit County continues to be recreation-based tourism and visitors. Skier visits in recent years have topped 4.2 million. Combining the ski resorts winter activity with the amenities available in the summer, such as Dillon and Green Mountain Reservoirs, five golf courses, gold medal trout streams, the surrounding mountains, makes Summit County one of the more popular destinations both winter and summer.Tied to visitors is the construction of second homes, a dominant part of Summit County’s visual and economic landscape. An improving national economy in the first half of the decade and increasing numbers of baby-boomer retirees contributed to the substantial increase in the quality and quantity of new home construction in 2005 and 2006. The construction industry, providers to the construction industry, and real estate and property management companies continue to be significant employers.Figures released by the Colorado Demography Office estimate Summit County 2005 top-five employment categories (public and private sectors) to be accommodation and food (27.2%), retail trade (13.7%), government (9.8%), construction (9.7%) and real estate (9.4%). Along with occupancy of second homes comes the need for a wide range of resident services such as retail, household, and specialty services. The Northwest Colorado Council of Government completed a study in 2004 on the effects of second homes in Eagle, Grand, Pitkin, and Summit Counties. Based on assessor 2000 through 2001 database information, 67% of our housing units were second homes. This study has been renamed to “Transitions in Mountain Communities” with the second phase indicating non-local home ownership at 66% in 2006 with 1,929 new units added between 2003 and 2006.Second homes also continue to put pressure on the demand for already scarce land and have driven property values upward. While the national real estate market may be cooling, Summit County continues to experience appreciation in sales prices and ever increasing numbers of sales through June 30, 2006. The 2007 reappraisal values reflect solid growth in most property classifications. Total employment is estimated at 22,200 jobs with increases in the construction, manufacturing, retail trades, transportation and warehousing, administrative services, healthcare/social assistance, accommodation/food services, other services, and government seen in recent years. The County’s annual unemployment rate hovers between 3 and 4 percent.Summit County citizens welcomed their first hospital, the St. Anthony Summit Medical Center, which opened December 7, 2005. The state of the art 25-bed facility has a full range of diagnostic, surgery, and treatment options. An adjoining medical office building opened in August 2006, which houses doctor’s offices and other ancillary medical and County facilities.(Compiled from the Summit County Website)

Summit Daily News Source