New home sales are blossoming as the inventory of previously owned homes continues to decline. New home sales jumped 1.5 % in March, the second highest monthly sales pace in three years according to data released Tuesday by the Commerce Department. Year over year March sales were up 18.5 %.
The figure comes one day after the National Association of Realtors reported that there were just 1.93 million existing homes for sale last month, the lowest tally for the month of March since 2000.
Dennis Clauer April 24, 2013
Vail Resorts announced the launch of a new season pass for the 2013-2014 season, providing skiers and snowboarders access to Keystone and A-Basin Resorts. The new pass introduced at $ 279 for adults with escalating pricing as the year goes on, is restricted during the peak Thanksgiving, Christmas, Martin Luther King and Presidents Day holiday timeframes.
The new pass follows the introduction of a new program at Keystone allowing children under the age of 12 to ski for free at the resort when families book two or more nights with resort owned lodging.
March 20, 2013
Ski areas were one of the first business sectors to recognize and implement alternative energy technologies, increasing energy efficiency and reducing carbon emissions.
With snow-based recreation estimated to contribute approximately $ 67 billion annually to the U.S. economy and support more than 600,000 jobs, the continued success of this industry is of paramount importance. Supported by industry trade groups such as the National Ski Areas Association (NSAA) and Colorado Ski Country USA and by nonprofit organizations such as Protect Our Winters (POW), the ski industry has found that investment in alternative energy benefits both the environment and the bottom line.
The ski industry was one of the first major investors in renewable energy credits (REC). REC’s are tradable energy commodities that represent proof that one megawatt hour of electricity was generated from from an eligible renewable energy source. They’re often utilized where alternative energy sources are not locally available.
In Colorado, Aspen Skiing Co., Vail Resorts, Powderhorn, Steamboat, Copper Mountain, Telluride, Winter Park and Wolf Creek among others, have made investments in REC’s to offset some or all of their energy use.
In its fight to save its most precious resource, cold and snowy winters, the ski industry has proven that climate change solutions can be practical, innovative and cost saving and it will succeed by forging new partnerships between sometimes uncommon partners.
March 12, 2013
Summit County real estate sales year to date in 2013 include 19 sales of properties at $ 1 million or more. This represents 11.8 % of the total market year to date.
March 12, 2013
Breckenridge Grand Vacation owners received final approval Tuesday to begin construction on a a new time-share development on the Bergenhof site at the base of Peak 8.
The five story building will house 75 time-share units along with amenities including an acquatics area, spa, cafe, and multiple movie theaters. The project represents an $ 80 million construction project and is expected to protect 130 local jobs in addition to adding 100 new positions.
March 12, 2013
Vail Resorts recovered from a dry early season and reported significant gains across key areas in its second quarter earnings report. The company’s total net revenue was $ 414.13 million, a 13.2 % increase over the second quarter last year.
March 11, 2013