Real Estate of the Summit

Vacation Homes Beckon

admin — Mon, 14 May 2012 18:17:10 +0000

If you are thinking of buying a second home in the next five years, this is your best opportunity. After softening during the housing bust, the vacation home market is coming back to life.

Record low mortgage rates, bargain prices and dwindling home inventories are bringing once untouchable markets within reach for the first time in a decade. These factors are “creating a sense of urgency” says Pam O’Connor, President of Leading Real Estate Companies of the World, a broker network. “People feel like they might miss this window.”

The bottom for vacation home prices will be clear only in retrospect, but there are signs it is forming, says Mark Zandi, cheif economist at Moody’s Analytics. “From a long term investment horizon, vacation homes will do very well”. Mr. Zandi says, citing low interest rates and expected price appreciation in many markets.

Puchase your second home today! It will be a well timed, excellent long term investment!

Dennis Clauer

May 14, 2012

Summit County Colorado Ranks In Top Ten Counties in U.S. For Longest Living People

admin — Mon, 14 May 2012 17:32:55 +0000

The University of Colorado School of Medicine in partnership with the Harvard School of Global Health recently released a study revealing 7 of the top 10 counties in the U.S.A. for longest living people are located in Colorado. The seven counties are: Summit, Clear Creek, Gilpin, Grand, Jackson,
Park and Eagle.

Benjamin Honigman, M.D., professor of emergency medicine and director of the Altitude Medicine Clinic thinks the secret to a long healthy lifestyle has to do with oxygen deprivation or hypoxia. “Lower oxygen levels turn on certain genes and we think those genes may change the way heart muscles function. They may also produce new blood vessels that create new highways for blood flow into the heart” Dr. Honigman says.

Time to spend more time in Summit County!

Dennis Clauer

May 14, 2012

Summit County Colorado Condominium Sales

admin — Sat, 12 May 2012 20:54:00 +0000

The average sale price for previously owned condominiums in Summit County Colorado is still in positive territory this year, up 3.2 % from last year. The market is trending up from the recession. Prices are very favorable and interest rates are at an all time low. Now is the time to purchase your family mountain retreat.

Dennis Clauer
May 12, 2012

121 Golden Hills Alma, CO 80449

admin — Thu, 10 May 2012 18:07:44 +0000

Highlands at Breckenridge Breckenridge, CO 80424

admin — Thu, 10 May 2012 17:48:58 +0000

Villas at Swans Nest Unit 1409, Breckenridge, CO 80424

admin — Tue, 08 May 2012 19:14:03 +0000

Housing Ends Slide

admin — Mon, 07 May 2012 23:21:15 +0000

Nearly six years after home prices started falling, U.S. housing markets appear to be nearing a new phase, hitting bottom. This is not by any means a full fledged recovery, however the next chapter in one of the longest downturns in U.S. economic history.

Home builders cut back heavily in the last four years and began construction on just 434,000 single family homes last year, the lowest level on record. Estimates from research firm Zelman & Associates estimate builders will start construction on 540,000 homes this year, a 24 % increase. Sales of previously owned homes meanwhile are up 32 % from their low point of mid-2010.

Dennis Clauer
May 7, 2012

Dew Tour Returning to Breckenridge

admin — Mon, 07 May 2012 16:29:15 +0000

The new and improved Dew Tour is making it’s 5th annual appearance in a row December 13 -16, 2012. The 2012 schedule includes an August stop in Ocean City, MD. an October leg in San Francisco and finally in Breckenridge in December. Breckenridge Marketing Director, Kieran Cain said “We are proud to be able to showcase our mountain and our town on international television at the beginning of the ski season each year with the Dew Tour.

As part of the bid to get the tour back in Breckenridge, the town agreed to pay $ 97,000 in lodging expenses for tour staff and competitors. Town officials said the Dew Tour’s huge promotional value for Breckenridge make it worth the investment. The collaboration between Breckenridge Ski Area, the Town of Breckenridge, lodging companies and other town organizations is a key to the success in returning this signature event to the Town of Breckenridge.

Dennis Clauer

May 7, 2012

Frisco Colorado Building Activity Uptick

admin — Mon, 07 May 2012 16:06:35 +0000

Frisco’s Planning Department is reviewing plans for several new larger development projects. Thursday they will be reviewing Larry Feldman’s application for his Condos Off Main development. He plans to construct 25 residential units and 3991 square feet of commercial development at the northeast corner of Granite and 4th Street.

The same meeting will hear out a development proposal for 12 long term rental units located in 3 seperate buildings on West Main Street. It is the first new development at that end of Main Street in roughly 2 years.

Dennis Clauer
May 7, 2012

Pine Ridge E-6 Breckenridge, CO 80424

admin — Sat, 05 May 2012 22:36:49 +0000