Traditional condominium sales are down and unemployment is up, but at least one Summit County business has grown through the tail end of the Great Recession.
Breckenridge Grand Vacations experienced an uptick in overall business last year, thanks in large part to its newest on-mountain venture at Breckenridge Resort.
Started in 1985 by brothers Mike and Rob […]

Real estate brokers in Summit County hear it day in and day out. A prospective buyers walks into the office or calls us from, for example Las Vegas, and says they are looking for a bank owned property that is a deal. Well it’s not that easy here. There are three factors, in this regard, […]

 Among the biggest changes patrons witnessed at Breckenridge Ski Resort’s grand opening Friday was the new look at the base of Peak 8, including the newest on-mountain lodging facility, One Ski Hill Place.
The combination hotel and condominium complex oozes luxury from every angle and is unlike anything else on the mountain. Built by Vail Resorts […]

Condominium sales in Summit County trail pre-recession levels, and some in the real estate business place partial blame on guidelines at government-sponsored enterprises like Freddie Mac and Fannie Mae.
Average condominium sales in Summit County from 2000 through 2007 averaged 1,161 units per year, according to data from the Summit County Association of Realtors. In 2008, […]

VAIL VALLEY, Colorado— Steve Pywell took a big step toward selling his Cordillera home on Saturday, a year after he put it on the Vail Valley real estate market.
Like many people selling their homes during the recession, the Houston, Texas, resident had to slash the price before attracting a buyer. He said he cut $700,000 […]

September 14, 2009
By Lawrence Yun, Chief Economist
September has come again, and most folks are back from vacation. Kids are back in school. Traffic (in most locales) has returned to its usual nightmarish levels. Many of us are asking ourselves “where did the summer go?”
Well, summer is not the only thing that has ended. The world-wide […]

Passing through the Fort Myers, Fla., airport a few weeks ago, I noticed people eagerly signing up for a free bus tour of foreclosed real estate—with all properties offering water views. During the ride to my hotel, the young driver volunteered that he had just bought his first house, paying $65,000 for a foreclosed property […]

As a well-polished realtor, you’d never suspect that Donna used to be a cowgirl. Along with her five sisters and one brother, she worked a cattle ranch in southern Idaho. I don’t know how many acres the ranch is. A while back, I learned that asking such things is a bit impolite and somewhat like […]

Recently released year-end figures from Land Title Guarantee Co. reveal what any local real-estate agent already knows: 2008 was not a great year.
Taking data from the Summit County Clerk and Recorder’s Office, Land Title reports that monetary volume for 2008 was down 35 percent from 2007. In December alone, monetary volume for 2008 was down […]

When investing in Colorado’s ski country real estate, many buyers forgo the glamour and exclusivity of chic resorts like Vail, Aspen and Telluride for the much lower prices, deep snowfalls and skiing in Summit County.
“About 70% of all residential property in the county is owned by second-home owners — and that’s been going up,” says […]