Vail Resorts, Inc. (NYSE: MTN) announced today in celebration of the record-setting snowfall in Colorado and Lake Tahoe this season, it is reducing the prices on 2011-2012 season passes in a special, limited-time offer. Beginning Friday, April 15 through May 8, 2011, the Company is dropping the price by $20 for adults and $10 for […]

The new Epic Local Pass™ (formerly the Colorado Pass), for $499, is perfect for locals who can navigate a few more restrictions. The Epic Local Pass offers unlimited and unrestricted skiing or riding at Breckenridge, Keystone and Arapahoe Basin and includes 10 restricted days at Vail or Beaver Creek. New this year, it also includes […]

How did Summit County real estate fair this past year in 2010? With the help of Brooke Roberts at Land Title Guarantee company here is the market snapshot
The number of purchase transactions was up 6 percent in 2010 from the previous year. This includes all sales in Summit County, including land. So the sales transactions […]

THIS YEAR IN SALES:
During 2010, 1,011 residential properties sold throughout Summit County.
The average of all residential properties sold in 2010 in Summit County were 3 bedroom /2.5 bath properties that sold for $612,946 and were on the market for an average of 231 days.
Out of all the properties that sold in 2010, 602 residential properties […]

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, […]

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, […]

In some cases, the value of Summit County homes has risen by more than 40 percent. But Summit County assessor Beverly Breakstone said the increase doesn’t necessarily mean you’ll owe a lot more in property taxes next year.
“We’re very hopeful taxes don’t go up much,” Breakstone said. “The good news is, values have gone up.”
This […]

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 […]