Inventory levels up in Summit County,Colorado, means more choices!

June 16th, 2008 lbaxter Posted in Breckenridge, Colorado, Copper Mountain, Copper Mtn. real estate, Frisco, Frisco Real Estate, Silverthorne, Summit County, Summit County Real Estate, Uncategorized No Comments »

Inventory levels have increased since the winter in Summit County.  The market here is becoming a little more neutral than a full on Seller’s market.  Now is a good time to buy in Summit County because of the choices.  Some properties have been on the market for more than a few months and perhaps the seller may be a little more negotiable than in prior years when there are not a lot of choice. 

Our market has never experienced a bubble like other areas in the nation.  WE have been consistently growing anywhere between 10-25% appreciation a year.  It has stabilized a little this year due to the economist portraying doom and gloom everywhere.  However, we are not experiencing a decline in prices or do we experience foreclosures here.  Generally if a property is going to foreclosure, it is usually sold or rectified before that even happens.

If you are interested in new projects that are in the planning phase, click here.The following are inventory levels in each town which include condos, duplexes, town homes and single family homes:

Frisco-current inventory 110 properties

Copper Mtn. -current inventory 61 properties

Breckenridge-current inventory 653 properties

Wildernest/Silverthorne- 214 properties

Dillon-130 properties

Keystone-142 properties.

Feel free to contact Leah at 970-389-6367 to help you with your property needs.  www.leahbaxter.com

AddThis Social Bookmark Button

Summer has arrived in Summit County, Colorado

June 3rd, 2008 lbaxter Posted in 10k Run the Rockies, BBQ Challenge, Dream mountain home, Frisco, Frisco Real Estate, Marina, Sailing, Summit County, Summit County Real Estate, Uncategorized No Comments »

Summertime in the Rockies has finally arrived!  The snow has melted and the Dillon reservoir has thawed.  The marinas are open for sailing, motor boats, pontoons, kayaking.  So what are you waiting for?  Come on up to the mountains and enjoy the summer time.  Frisco is hosting Run the Rockies this weekend , it is a Half Marathon which is 75% downhill and the Ten Mile Creek 10K is 100% downhill. Both start at Copper Mountain and finish in downtown Frisco!!

Next weekend is the The Annual Colorado Barbecue on Frisco’s main Street.The Frisco BBQ Challenge has something for everyone from live entertainment to pig races and is open to the public. So plan your vacation for a summer getaway that will create memories for a lifetime.

If you are interested in a property in Frisco, I have a great Frisco, Colorado duplex for sale located 2 blocks off of Main street.  Avoid the I-70 traffic and relax over the summer.  If you are interested in buying any other properties in Summit County, I would be happy to help you with that.  Contact Leah at 970-389-6367.

AddThis Social Bookmark Button

Frisco, Colorado and Summit County spring is here!!

April 25th, 2008 lbaxter Posted in Breckenridge, Copper Mountain, Frisco, Frisco Real Estate, Luxury Real Estate, Summit County, Summit County Real Estate, Uncategorized No Comments »

In the quaint mountain town of Frisco, Colorado spring has finally arrived!!!! Frisco is in the center of Summit County and is a wonderful small town with world class restaurants.  The snow if finally melting and I’m sure many of the locals as well as myself are thrilled.  Even though it has been an epic season for skiing and riding and other snow sports, we are definitely ready for biking, hiking, camping, fishing, boating, etc.

On May 17th, the town of Frisco will host the annual town clean up day followed by a BBQ at Walter Byron park.  The Marina Season Opener is scheduled for May 24th at the Frisco Bay.

Frisco is located 1 hr/minutes from the west side of Denver.  It is convenient to Copper Mtn. (5 minutes), Breckenridge, Keystone, Loveland, and 25 minutes to Vail.  It is a charming town with world class restaurants, local shops, bike paths that will take you all over Summit County, and a great marina to go sailing and boating.

If you are interested in property in Frisco, check out this beautiful duplex that has awesome views of Mt. Royal.  For any more property information in Frisco or Summit County please contact  leah@leahbaxter.com  or search the MLS for free on my website www.leahbaxter.com.

 

AddThis Social Bookmark Button

Buying in Summit County Colorado

March 29th, 2008 lbaxter Posted in Breckenridge, Colorado, Copper Mountain, Copper Mtn. real estate, Dream mountain home, Frisco Real Estate, Luxury Real Estate, Silverthorne, Summit County, Uncategorized 2 Comments »

Now is a great time to buy in Summit County .  I know the news media is portraying doom and gloom for the housing market, however, they are basing their information on major cities.  We are not a major city.  We are a resort community.  People love the mountains to relax and play.  Our economy is not based on the national economy.  People choose to come in for fun or because they want to live in the mountains.

Interest rates are low,our prices are not going down, so don’t wait, because we are not in a housing bubble.  Our market continues to be strong and the sales prices continue to rise slowly, but steady. 

Median Home Price Summary: 2007 vs. 2006

 

 

 

         
Region/County October 2007 October 2006 % Previous Year Change
         
Northeast  $           258,700.00  $     255,400.00 101% 1.29%
Midwest  $           164,000.00  $    166,600.00 98% -1.56%
South  $           171,400.00  $    183,700.00 93% -6.70%
West  $           318,200.00  $    341,000.00 93% -6.69%
Eagle County  $           810,000.00  $     613,500.00 132% 32.03%
Garfield County  $           394,950.00  $     344,500.00 115% 14.64%
Pitkin County  $         3,700,000.00  $   3,500,000.00 106% 5.71%
Routt County  $           660,000.00  $     580,000.00 114% 13.79%
Summit County  $           648,750.00  $     614,450.00 106% 5.58%
U.S.  $           207,800.00  $     218,900.00 95% -5.07%

Source:  National Association of Realtors via Associated press:msnbc.msn.com & data research Associates. Believed to be accurate but not guaranteed.

Contact Leah Baxter at leah@leahbaxter.com or www.leahbaxter.com for more information on purchasing in summit county.  Search the Summit County MLS  free.

AddThis Social Bookmark Button

Breckenridge New Developments

January 9th, 2008 Kinetic Knowledge Posted in Breckenridge, Copper Mtn. real estate, Frisco Real Estate, Keystone Real Estate, Luxury Real Estate, Ski in/Ski out properties, Summit County Real Estate No Comments »

Breckenridge Ski AreaMaybe you are considering buying property in Breckenridge www.skibreckenridgecolorado.net?  Well there are several options New vs. Existing.  There are actually several new developments occurring in Breckenridge. Today, I will discuss the first development with a series over the next several days discussing other new developments in Breckenridge.

The first new development is called Water House on Main Street.  This development will be located at the south end of Main street located next store to the Hyatt Main Street Station.  The advantage to this location is that you are right in town, and are able to walk to the lifts.  These units are luxury 1-3 bedroom condominiums.  Your ownership includes: dedicated owner ski lockers on site, fitness facility, sauna/locker rooms, members lounge, outdoor heated pool and 7 outdoor hot tubs and a media room.  There will be underground parking, concierge services, ski valet on site with boot warmers. There will be bellmen services, cable TV access and wireless, high-speed internet access.   The ice skating rink is right next store, as well. 

Breckenridge is a very family friendly town with a lot of activities year round.  Property values continue to increase and depending on which side of town you are located you can expect to pay between $300 per square foot ( outside of the city limits) up to $1450 or more per square foot.  If you are going to be on the mountain (ski in-ski out) plan on around 1200 +  a square foot.  A single family home in Breckenridge is going to be a little bit less per square foot than a condo, duplex or town-home.  So keep this in mind.  The difference between a condo vs a single family home is that you don’t have to maintain the property, and generally there is on site management as well as other amenities available for a monthly fee.

The Summit County area which consists of Breckenridge, Keystone, Copper Mtn., Frisco, Dillon and Silverthorne have not experienced the housing slump that is occurring in other places in the United States.  I know it is hard to believe, but we are a resort town and the majority of our home buyers consist of second family homeowners.  Our inventory is low, but the demand is high.  With this combination we are experiencing anywhere between 10-20% appreciation per year. 

If you are considering trying to get into the Breckenridge market, but don’t want to spend $1000 per square foot, how about an existing property that may need a little bit of updating.  There are some properties out there like this, that are around $400-$500 a square foot located right in town.  These particular properties are experiencing complete face lifts on the exterior part of the buildings and if you were to remodel, you could have a beautiful place and also have a great investment, as well.  If you would like to search the Mls free go to http://search.leahbaxter.summit.mlxchange.com/

If you would like more information about Water House please feel free to contact me at leah@leahbaxter.com or visit my website www.leahbaxter.com.
AddThis Social Bookmark Button

Happy New Year - Snow, snow and more snow!

January 5th, 2008 Kinetic Knowledge Posted in Breckenridge, Copper Mtn. real estate, Frisco Real Estate, Snow, Uncategorized No Comments »

Happy New Year!  It is snowing and is supposed to continue to snow for the next several days.  It was quite busy up here in the mountains the past two weeks and adventurous!  We had record breaking temperatures, however, that did not prevent anyone from skiing or being out and about. 

All of the hotels were booked and all of the condos were rented when on December 30Th, the winds began to pick up and the snow began to fall.  We were all skiing that day at Copper MT. and had heard that the road  (I-70) was closed.  So we hung around for a couple hours and headed out.  It took an hour to get to Frisco, which is normally a 5 minute drive.  The traffic that was heading to Silverthorne (2 miles) took another hour and a half.  Needless to say, at that point it was a complete white out and they closed I-70 and got everyone off the highway. 

 Several travelers ended up at the Silverthorne Rec Center, Middle School and various churches.  But several also ended up in their cars for the night.  We ended up with 5 people that were stranded and had a nice time.

The road did not open until 4pm New Year’s Eve and people headed down the road. 

Now, the snow continues to fall and the skiing and snowshoeing and x-country trails are fabulous!  I think it will be a wonderful winter.  Wouldn’t it be nice to have a property to go to so you won’t be stranded on I-70?

The housing industry in Summit County is just as strong as ever.  It is a wonderful place to have fun!

During the holidays and just about every Saturday, Copper MT. has fireworks and a torchlight parade and a Snowboarding exhibition.  Breckenridge has a big festival coming up the Ullr Fest Jan 6-11 and it consists of a week-long

celebration of Ullr (a mythical Norse God of Snow) .  There will be a Main Street Parade, live entertainment and bar series, a Nordic and ice skating event as well.

Hope to see you on the snow!

 

AddThis Social Bookmark Button