Many baby boomers are delaying their plans to sell their home due to concerns about the economy, but the desire to buy a new home or a second one remains strong, according to a Coldwell Banker survey. An estimated 79 million Americans are part of the baby boomer generation.
A majority of agents surveyed say they […]

(Reuters) - Existing home sales rose in August to their highest in five months as lower prices and rock-bottom interest rates drew more buyers into a still moribund market.
The data did little, however, to change the view that housing, hobbled by a burst bubble which triggered a major recession, will not help the economy much […]

In the current economy, Summit County home valuations are being pushed lower by stricter appraisal guidelines and houses priced to sell.
“Given where the market is right now, those values are lower than what we’re used to because demand is not as high,” said Mary Francis Alquist of Sulquist Mortgage in Breckenridge. “Really, appraisers have to […]

After nearly two decades of steadily climbing — and often skyrocketing — real-estate prices, property owners in Colorado’s resort communities are seeing values plummet.
In such ski-resort counties as Pitkin, Eagle, Summit, Routt and San Miguel, homeowners recently fielded local assessor reports that pushed their home values down by more than 20 percent.
“Some people have come […]

BRECKENRIDGE — Breckenridge officials want to restrict home sizes to preserve neighborhood character, but public concerns have led to a task force aimed at finding a consensus.
The town last week hosted two open-house meetings with residents from about 25 Breckenridge neighborhoods.
In both meetings, many of those surveyed shared that maintaining the size and scale of […]

  Advance reservations in mountain communities for this winter are down 9 percent
 By TANYA CANINO
 SPECIAL TO THE DAILY
  As the stock markets slipped along their rollercoaster track this week, officials at a Mountain Travel Symposium warned desti­nation resort and tourism indus­try professionals of the volatility of today’s travel market.
  “I’m looking through the lens […]

If we just had some extra cash, now would be a great time to get into the stock market, right?” Actually, if you have some extra cash, now is the best time in five or more years to … buy a home.
  Thanks to the concept of “leveraging,” purchasing a home is by far the […]

 SUMMIT COUNTY — Despite an avalanche of gloomy economic news, ski-industry experts are still optimistic about the upcoming season, provided there’s plenty of powder.
  Looking at trends for the past 19 years, RRC Associates president Nolan Rosall said statistics show that skier and snowboard visits have been more dom­inated by snow quality, temperatures and timing […]

 Blue River’s notably tax-averse voters will decide on Election Day whether to eliminate the cap on property taxes used, in part, on roads and law enforcement.
  Town Mayor Lindsay Backas and treasurer Allyn Mosher support the move that would raise the average tax bill by at least $41, but opposition has emerged.
  “It’s critical to […]

 Congress’ rejection of a $700 billion bailout of Wall Street financial firms on Monday and the resulting financial tsunami likely, will have a ripple effect on business here in the mountains, according to local experts.
  Already, the worsening credit crunch is making it tough for some businesses to make payroll and other day-to-day operating expenses […]