Monday, December 26, 2011
Financial Facts: Is it too late to refinance? | SummitDaily.com
Financial Facts: Is it too late to refinance? | SummitDaily.comGreat advice from our friend Bob Kieber to help you with your Colorado Mountain Retreat
Wednesday, December 21, 2011
Custom Home Permits Up 50% in 2011
From our friends at Pinnacle Mountain Homes, Good news for the Summit County New Home Construction Market!
| Greetings! As we look back on 2011, it's clear we we have much to be thankful for this year. GREAT NEWS IN OUR LOCAL MARKET We all hear various updates on the construction market across the country, but our clients are always asking us, "What's happening in Summit County?" Over the past year permits have increased, and our local market for new custom homes is certainly looking stronger! In 2011, custom home construction permits increased by 50% over 2010, signaling that the market is definitely getting better, and we are currently working with more prospective clients right now than in the past three years. Here's the year-to-date info for 2011:
HIGHLIGHTS FROM 2011 2011 marked the completion of our 6th year in business, and the highlight came in September as we were named Builder Magazine's "2012 America's Best Builder" . This is typically a once-in-a-lifetime award, the crowning achievement of any builder, and to be chosen from over 60,000 residential builders is monumental to say the least. We were also grateful to receive a number of other national and local awards including:
As a leader in our custom home market, we continue to feel both grateful and responsible. We are grateful that clients continue to trust us with their projects, we're grateful to our subcontractors and suppliers for continuing to partner with us, and we're grateful that we have survived the Great Recession. But we also feel responsible for giving back to our community. In looking back on the past year, we are proud to have participated in the following events:
Warm regards,Chris Renner Owner and President Pinnacle Mountain Homes www.pinnaclemtnhomes.com Connect with us! |
Thursday, December 8, 2011
Wednesday, December 7, 2011
Summit County Buyer's Market Continues!
Look at these market stats! The Summit County Buyer's Market Continues! Time to buy your Colorado Mountain Retreat!
Monday, November 28, 2011
Summit County FHA Loan Limits
Good news for Summit County, Breckenridge, Keystone, and Copper Mountain Home Buyers! FHA loan limits have been restored to the previous high limits! If you live in Summit County for your Primary Residence, you may qualify!
Victory! FHA Loan Limits Extended for Two Years
In case you have heard the great news, shortly before Congress recessed for the year, they managed to restore FHA loan limits in high cost areas to the original level of $729,750 for an additional two years. This is an important victory for the mountain resort areas where high cost loans are an important part of the market. According to NAR, higher loan limits will make mortgages more accessible with nearly two-thirds of buyers who will be helped by the loan limits extension have an income below $100,000.
Will this work for your Colorado Mountain Retreat? Call, Text or Email 970 368 2709
Victory! FHA Loan Limits Extended for Two Years
In case you have heard the great news, shortly before Congress recessed for the year, they managed to restore FHA loan limits in high cost areas to the original level of $729,750 for an additional two years. This is an important victory for the mountain resort areas where high cost loans are an important part of the market. According to NAR, higher loan limits will make mortgages more accessible with nearly two-thirds of buyers who will be helped by the loan limits extension have an income below $100,000.
Will this work for your Colorado Mountain Retreat? Call, Text or Email 970 368 2709
Industry's Shadows Continue to Shrink
Industry's Shadows Continue to Shrink
With 4 years of inventory out there, prices will continue to decline or be flat in most areas. How does this affect Summit County and your Colorado Mountain Retreat?
Call, text or email us 970 368 2709!
Tuesday, November 1, 2011
Friday, October 21, 2011
$60 million approved for Twin Tunnels widening | SummitDaily.com
$60 million approved for Twin Tunnels widening | SummitDaily.com
Get that road fixed so we can all get to our Colorado Mountain Retreat!
Monday, October 17, 2011
Copper Mountain Ski In Ski Out Condos!
Is a Copper Mountain Ski Condo Your Perfect Colorado Mountain Retreat?
It's a Buyer's Market For Copper Mountain Properties!
Wednesday, October 12, 2011
Keystone Condo Market Analysis
Thinking that a Condo in Keystone is your Perfect Colorado Mountain Retreat? Watch this video to find out how the market is performing!
Forest Service considers motorcycle trail proposal - The Denver Post
Forest Service considers motorcycle trail proposal - The Denver Post
Variety in recreation is key to keeping Summit County the best place to visit and have your Perfect Colorado Mountain Retreat!
Tuesday, October 11, 2011
Bizline: Custom guitar maker lands in Summit County | SummitDaily.com
Bizline: Custom guitar maker lands in Summit County | SummitDaily.com
Congrats New Business in Summit County! This is a great addition to our Colorado Mountain Retreat!
Monday, October 10, 2011
Sunday, October 2, 2011
Recent Summit County transactions | SummitDaily.com
Recent Summit County transactions | SummitDaily.com
Colorado Mountain Retreats Realty for your Perfect Colorado Mountain Retreat
Wednesday, September 28, 2011
Larry Stone answers some Tax Questions!
Our friend Larry has some great information regarding the tax on sale of your home to fund the new nationalized healthcare plan. here's what he has to say-
Hi!-
Life would be a lot easier for all of us if tax laws didn't change all the time. Every year, Washington writes new laws. The IRS writes new regulations interpreting those laws. The Tax Court issues new decisions interpreting those regulations. And the IRS issues enough revenue rulings, revenue procedures, private letter rulings, and similar proclamations to keep an army of accountants and attorneys gainfully employed.
Sometimes, in the midst of all that motion, facts get twisted and misinterpreted. Sometimes a rumor gets launched that takes on a life of its own. Right now, there's an email going around that has most of us tax professionals shaking our heads. It warns that, starting in 2013, the healthcare reform act imposes a 3.8% sales tax on home sales. If you sell your $400,000 home, you'll owe a $15,200 tax!
If you see it in an email, it must be true, right? The truth, as is often the case with taxes, is a little more complicated than that - and a lot less scary. First, let's take a look at how taxes are figured on home sales today:
- First, calculate "adjusted sale price." This is the sale price of the house, minus expenses of actually selling it (last-minute fixups, commissions, etc.).
- Next, subtract "adjusted basis." This is the price you paid for the house, plus closing costs, plus any improvements you make that add value, prolong its life, or give it a new or different use. "Adjusted sale price" minus "adjusted basis" equals "gross profit."
- If you've owned your home for more than two of the last five years and used it as your primary residence for more than two of the past five years, you can subtract a "Section 121 exclusion" of up to $250,000 if you file individually or $500,000 if you and your spouse file jointly. If you don't meet the two-year requirement, you can still take a pro-rated exclusion reflecting how long you did meet those requirements.
- "Gross profit" minus "allowable exclusion" equals taxable gain. If you hold your house longer than a year, it's taxed as long-term capital gain and capped at just 15%.
That means any gain on the sale of your home that isn't already sheltered by the $250,000 or $500,000 exclusion might be subject to the new tax if your adjusted gross income is over the $200,000 or $250,000 threshold. That's a pretty far cry from saying there's a new 3.8% sales tax on home sales!
But somewhere along the line, Chicken Little saw the new 3.8% tax, missed the rest of the process, and saw the sky starting to fall. Being a thoroughly modern chicken, she hopped on her computer to fire off an email telling all of us that the sky was falling - and that email spread faster than the latest news about Snooki or the Kardashians. So now here we are, setting the record straight.
The next time you get an email with a rumor that sounds too awful to be true, don't just run around like Chicken Little. Send it to us. We can tell you if it's something you really need to worry about - and if so, we'll help you craft a plan to avoid or minimize the threat!
Larry D. Stone
Stone CPA
970.668.0772
970.668.0434
888.668.0772
larry@stone-cpa.com
Please visit our new web page at www.coloradotaxcoach.com
Thanks Larry for helping us with great advice and Info! Now people can feel a little better when they want to sell their Colorado Mountain Retreat!
Tuesday, September 27, 2011
Keystone Single Family Home Market Analysis
Great Information if you are considering buying a Keystone Home!
Let us help you find your Perfect Colorado Mountain Retreat!
Monday, September 26, 2011
Financial Facts: How to avoid a contract faux pax | SummitDaily.com
Financial Facts: How to avoid a contract faux pax | SummitDaily.com
Thanks to Bob Kieber for this excellent article regarding some potential pitfalls with your purchase contract and mortgage! Remember to consult professionals and have a Buyer's Agent when you purchase your Colorado Mountain Retreat!
Tuesday, September 20, 2011
A Summit County 6-year old's 500 books of summer | SummitDaily.com
A Summit County 6-year old's 500 books of summer | SummitDaily.com
this is an awesome article about a fantastic kid!
Monday, September 19, 2011
Summit County: Community Notes | SummitDaily.com
Summit County: Community Notes | SummitDaily.com
Some great activities you can do from your Colorado Mountain Retreat!
Friday, September 16, 2011
Tour Summit's finest at Parade of Homes | SummitDaily.com
Tour Summit's finest at Parade of Homes | SummitDaily.com
Get to the Summit County Parade of Homes! Get some Great Ideas for your Colorado Mountain Retreat!
Thursday, September 15, 2011
FAQs About Buyer Representation
FAQs About Buyer Representation
Here is great information about why you need a Buyer's Agent when looking for your Perfect Colorado Mountain Retreat!
We only represent Buyers in Summit, Lake and Grand County!
Wednesday, September 14, 2011
4 Awesome Online Resources for Creating QR Codes
4 Awesome Online Resources for Creating QR Codes
As my online marketing continues, I have found these things handy dandy! We can use these in any business, but for Real Estate, they are fantastic!
Let us help you Find Your Perfect Colorado Mountain Retreat!
Monday, September 12, 2011
Friday, September 9, 2011
Trepp Finds 40% of Maturing CMBS Loans Result in Payoffs
Trepp Finds 40% of Maturing CMBS Loans Result in Payoffs
Could it be that since banks aren't lending, in part due to extreme government over - regulation, the property owners aren't able to get new financing? I think so. Let's push to get the banks lending again and this will correct itself.
Colorado Mountain Retreats Realty for all your Summit County Mountain Homes and Commercial properties!
Sales of Colorado mountain-resort homes in July lowest in years - The Denver Post
Sales of Colorado mountain-resort homes in July lowest in years - The Denver Post
If you are considering a purchase, now is the time to get your Perfect Colorado Mountain Retreat
Thursday, September 8, 2011
Blue River Real Estate Market Analysis
Wondering How the market for homes south of Breckenridge is? Looking for a home in Blue River or Northstar Village?
Watch the Breckenridge Real Estate Market Analysis Video!
Helping You Find Your Perfect Colorado Mountain Retreat!
Watch the Breckenridge Real Estate Market Analysis Video!
Helping You Find Your Perfect Colorado Mountain Retreat!
Wednesday, September 7, 2011
How Low can interest rates go?
Here is part of an article we copied about low interest rates:
Olick - how low can mortgage rates go?
"What's the bright side to a 200 point drop in the Dow? Yet
another rush to Treasuries that pushes the 10-year yield below
two%; that, in turn, means even lower mortgage rates, right?
Maybe not this time. Mortgage rates are already hovering near
historic lows, with the 30-year-fixed heading toward four%, but
unlike home prices, experts tell me mortgage rates do have a
bottom...a bank-imposed bottom. Why? 'Because they [banks] don't
have to go lower on the rates to get business and because they
make more money if they don't go to the lower market rate,' says
Guy Cecala of Inside Mortgage Finance. 'It's also a way to
manage a potential flood of refi calls.' Craig Strent over at
Apex Home Loans agrees: 'I think part of the reason they are not
going lower is because lenders are already inundated with refi
applications and cannot handle another tidal wave.' The
refinance share of mortgage applications was hovering around 80%
a few weeks ago, but fell to 78% last week, even despite low
interest rates. Those who can refi to their advantage, largely
already have. Far too many borrowers are too far underwater on
their mortgages to qualify for a refi. Still, seeing rates go
under that emotional 4% will push more borrowers to apply for
refi's. Unfortunately low interest rates have not spurred home
buying, and that's why the big banks are in no hurry to entice
with even lower rates. 'Lenders would much prefer home purchase
loans, which have a much lower fallout rate than refi's,' says
Cecala."
Want to find your perfect Colorado Mountain Retreat? Call us today while rates are low!
Olick - how low can mortgage rates go?
"What's the bright side to a 200 point drop in the Dow? Yet
another rush to Treasuries that pushes the 10-year yield below
two%; that, in turn, means even lower mortgage rates, right?
Maybe not this time. Mortgage rates are already hovering near
historic lows, with the 30-year-fixed heading toward four%, but
unlike home prices, experts tell me mortgage rates do have a
bottom...a bank-imposed bottom. Why? 'Because they [banks] don't
have to go lower on the rates to get business and because they
make more money if they don't go to the lower market rate,' says
Guy Cecala of Inside Mortgage Finance. 'It's also a way to
manage a potential flood of refi calls.' Craig Strent over at
Apex Home Loans agrees: 'I think part of the reason they are not
going lower is because lenders are already inundated with refi
applications and cannot handle another tidal wave.' The
refinance share of mortgage applications was hovering around 80%
a few weeks ago, but fell to 78% last week, even despite low
interest rates. Those who can refi to their advantage, largely
already have. Far too many borrowers are too far underwater on
their mortgages to qualify for a refi. Still, seeing rates go
under that emotional 4% will push more borrowers to apply for
refi's. Unfortunately low interest rates have not spurred home
buying, and that's why the big banks are in no hurry to entice
with even lower rates. 'Lenders would much prefer home purchase
loans, which have a much lower fallout rate than refi's,' says
Cecala."
Want to find your perfect Colorado Mountain Retreat? Call us today while rates are low!
Wednesday, August 3, 2011
Some Tax Facts
Thanks to my friend Larry Stone for this informative article. One thing he didn't mention is that the top 5% of earners pay 69% of all tax monies paid to the federal government. Real Estate Investment is a great way to utlize the tax code in your favor for wealth creation!
Hi!-
Years ago, comedian Steve Martin gave us an easy formula for making a million dollars without paying tax. "First . . . ya get a million dollars." Then, when the tax man comes to your door and says you never paid taxes, just tell him "I forgot!" That's a great plan, assuming you can get your hands on the million bucks and you're willing to take your chances with the tax man. But what about those of us who don't have a million dollars and those of us who remember we have to pay taxes? Are there better ways for getting that tax bill down to zero?
The Washington-based Tax Policy Center estimates that a full 46% of Americans pay no federal income tax. And those non-payers represent a surprisingly broad cross section of Americans. Over 10% of them report incomes over $50,000. And in 2008, there were 18,783 who earned over $200,000 and owed no federal income tax. So, how do they do it?
About half of the non-payers just don't make enough money to owe any tax. They rely on the standard deduction and personal exemptions to avoid any tax on their income. But the Tax Policy Center identified 38 million Americans who rely on one or more tax expenditures to pull their tax down to zero. ("Tax expenditure" is Washington-speak for tax provisions like deductions and credits that reduce tax revenue.)
- Seniors: 44% of non-payers benefit from the extra standard deduction for those over age 65, the elderly tax credit, and the exclusion of Social Security from taxable income. (The TPC study calls these "elderly tax benefits" - our own unscientific survey shows that half of all seniors don't mind being called "elderly" if it means paying less tax!)
- Families: 30.4% of non-payers benefit from the child tax credit, the dependent care credit, and the earned income tax credit. (It's worth noting that if the Bush tax cuts actually expire on schedule after 2012, the child tax credit will disappear - throwing millions back into the "taxpayer" category.)
- Beneficiaries: 6.0% draw income from tax-free benefit programs, including Supplemental Security Income and Temporary Assistance for Needy Families.
- Students: 5.6% benefit from education credits to eliminate their tax.
- Adjustments: Another 5.1% of non-payers benefit from "above the line" deductions like self-employed health insurance and student loan interest and from tax-exempt interest income.
- Itemizers: 5.0% benefit from itemized deductions like mortgage interest, state and local taxes, and charitable gifts. (The Obama administration has proposed limiting the value of itemized deductions for higher-income earners to just 28%; however, in today's anti-tax climate, the President is about as likely to appear on Jersey Shore as he is to raise taxes.)
- Credits: 2.5% benefit from other credits, including the Savers Credit for retirement savings and the general business credit.
- Investors: Finally, 1.3% benefit from the special 0% rate for certain capital gains and qualified corporate dividends.
If you're like most clients, you see something on that list that saves you taxes, even if it's not enough to pull your taxes all the way down to zero. It's our job to help you take advantage of all of those strategies and more. If you know someone who's not happy with the taxes they pay, pass along this email, and we'll see how we can help!
Please visit our new web page at www.coloradotaxcoach.com
Tuesday, July 26, 2011
Pennsylvania Mine clean-up crews look to go underground | SummitDaily.com
Last week we had the opportunity to tag along on this field trip. What a great experience to tour the area with experts on the subject and learn about the rich mining history in the Keystone area. Thanks to everybody who helped put this together. Our water quality is important and solutions that could help us clean up Peru Creek will help all residents of Summit County. Enjoy the attached photos this was a spectacular day and the scenery surrounding the mine area is unbelievable! The continental divide, the wildflowers and such speak for themselves in these photos!
Saturday, July 23, 2011
REO and Foreclosure Properties in Summit County
Colorado Mountain Retreats Realty is proud to announce that we have a new partnership with a major nationwide bank to receive property information on REO and Bank Owned Properties weeks before they are listed in the MLS. Looking for a Bank Owned Property in Keystone, Breckenridge, Copper Mountain, Frisco, Dillon, Silverthorne or Blue River? We will have lists updated weekly of properties soon to be listed. You will be able to get this information before everyone else does! www.ColoradoMountainRetreats.com
Financial Facts: Renting can be hazardous to your wealth | SummitDaily.com
Thanks Bob for some great insight! I always believe in home ownership!
Friday, July 22, 2011
A Real Estate Investment Opportunity?
Considering and investment property in Summit County? Consider Leadville instead! The reopening of the mine in Leadville will help the local economy and bring almost 200 more jobs to the area. Leadville Real Estate is significantly more affordable than Breckenridge, Keystone or Copper Mountain. It is a short drive to Copper Mountain, Ski Cooper and Vail/Beaver Creek. Consider this affordable option! www.ColoradoMountainRetreats.com Freeport McMoRan to restart Climax mine next year | SummitDaily.com
Monday, July 11, 2011
Quandary Village And Blue River Homes For Sale Open House Tour
We had the priviledge of touring some beautiful homes last Thursday Afternoon in Blue River CO and also Quandary Village areas south of Breckenridge CO. Bottom line here - If you want to be in the Breckenridge Area, but can't afford the Breck Prices, this is the palce to be! We first touraed a spectacular home in Quandry Village on Kimmes Lane. This solid log construction home is currently being offered at close to it's original purchase price from several years ago. Spectacular viwes of Quandary Peak from the amazing deck!
The Second home in this tour is also in Quandary Village - This is probably the best value in the area - The price has been reduced from $499,000 to $350,000. Surrounded by public land on 3 sides, this home looks out over beaver ponds and right up at Quandary Peak!
We visited several homes in Alpine Breckenridge and Blue River! Some of these homes are completely move-in ready and even include some or all of the furniture! One paticular area are the Blue River Condominiums - These are very affordable with 2 bedroom units available for under $200,000!
View Blue River and Quandry Village Open House Tour in a larger map
If you consider buying a home in these areas remember - this is a high alpine environment - the winter comes sooner, gets colder and snowier, and lasts longer than it does in even Breckenridge! So make sure you want this lifestyle. If this is right for you, you will enjoy a more secluded lifestyle, direct access to spectacular hiking trails, in some cases exclusive fishing rights and access on the Blue River and/or it's tributaries. Definately a true Colorado Mountain Retreat!
Call Greg McCallum at 970 368 2709 for more information on homes for sale in these areas!
The Second home in this tour is also in Quandary Village - This is probably the best value in the area - The price has been reduced from $499,000 to $350,000. Surrounded by public land on 3 sides, this home looks out over beaver ponds and right up at Quandary Peak!
We visited several homes in Alpine Breckenridge and Blue River! Some of these homes are completely move-in ready and even include some or all of the furniture! One paticular area are the Blue River Condominiums - These are very affordable with 2 bedroom units available for under $200,000!
View Blue River and Quandry Village Open House Tour in a larger map
If you consider buying a home in these areas remember - this is a high alpine environment - the winter comes sooner, gets colder and snowier, and lasts longer than it does in even Breckenridge! So make sure you want this lifestyle. If this is right for you, you will enjoy a more secluded lifestyle, direct access to spectacular hiking trails, in some cases exclusive fishing rights and access on the Blue River and/or it's tributaries. Definately a true Colorado Mountain Retreat!
Call Greg McCallum at 970 368 2709 for more information on homes for sale in these areas!
Thursday, July 7, 2011
Wednesday, July 6, 2011
Mountain Law: Risks of wraparound mortgages | SummitDaily.com
This can be a strategy to acquire your next property, but beware of risks!
Mountain Law: Risks of wraparound mortgages | SummitDaily.com
Mountain Law: Risks of wraparound mortgages | SummitDaily.com
Tuesday, June 28, 2011
Grand Lodge On Peak 7 Open House Review
Last week we were invited to an open house at the Grand Lodge on Peak 7. Since I was formerly an electd public official, I have pavlovian conditioning that precludes me from turning down any event which has free food and BEvERidges, and off we went. To say that I was amazingly impressed is an understatement. The Grand Lodge on Peak 7 at Breckenridge is luxury from top to bottom.
We were shown around the property by one of their fabulous Salespersons - Shaubie Faia. From the lobby to the pools and BBQ area to the gym and salon, no expense has been spared in this property. The units are top of the line and all appear to have lock offs, so you can lease the part of the unit you are not using.
The location can't be beat - Right at the Independence chairlift - simply walk out a few steps and up the mountain you go. This is truly Ski In Ski Out Condo living! Other properties boasting ski in ski out don't have anywhere near this ease of accessability.
Ownership is flexible, you can buy as many weeks as you like up to 100% ownership. But hurry there is a very limited supply of 100% ownership interests available.
Tha best part for me as a local is the ability to use the facilities year round, regardless of whether it is my week or not. I can use the underground parking, the lockers and locker rooms as well as the gym,pool and BBQ area any time as part of my ownership experience. This is a huge value not only to locals, but to Denver and other front range day trip skiers. Who can argue with driving right up slopeside, parking, then going inside to your locker room to change into your gear. After skiing, enjoy your Apres ski, use the hot tub to work out the kinks, and let the I-70 traffic die down before you need to head back? Priceless!
Contact Colorado Mountian Retreats Realty at 303 641 0923 or www.ColoradoMountainRetreats.com for more information and let us set an appointment personnally at the Grand Lodge on Peak 7 at Breckenridge so you can discover this experience for yourself!
We were shown around the property by one of their fabulous Salespersons - Shaubie Faia. From the lobby to the pools and BBQ area to the gym and salon, no expense has been spared in this property. The units are top of the line and all appear to have lock offs, so you can lease the part of the unit you are not using.
The location can't be beat - Right at the Independence chairlift - simply walk out a few steps and up the mountain you go. This is truly Ski In Ski Out Condo living! Other properties boasting ski in ski out don't have anywhere near this ease of accessability.
Ownership is flexible, you can buy as many weeks as you like up to 100% ownership. But hurry there is a very limited supply of 100% ownership interests available.
Tha best part for me as a local is the ability to use the facilities year round, regardless of whether it is my week or not. I can use the underground parking, the lockers and locker rooms as well as the gym,pool and BBQ area any time as part of my ownership experience. This is a huge value not only to locals, but to Denver and other front range day trip skiers. Who can argue with driving right up slopeside, parking, then going inside to your locker room to change into your gear. After skiing, enjoy your Apres ski, use the hot tub to work out the kinks, and let the I-70 traffic die down before you need to head back? Priceless!
Contact Colorado Mountian Retreats Realty at 303 641 0923 or www.ColoradoMountainRetreats.com for more information and let us set an appointment personnally at the Grand Lodge on Peak 7 at Breckenridge so you can discover this experience for yourself!
Friday, June 24, 2011
Thursday, June 23, 2011
Tuesday, June 21, 2011
Monday, June 20, 2011
Dillon brews recognized at North American Beer Awards | SummitDaily.com
Here's another reason to live in Summit COunty and Breckenridge!
Dillon brews recognized at North American Beer Awards | SummitDaily.com
Dillon brews recognized at North American Beer Awards | SummitDaily.com
Friday, June 17, 2011
Thursday, June 16, 2011
Wednesday, June 15, 2011
Appraisals take toll on Summit home values | SummitDaily.com
Appraisals take toll on Summit home values | SummitDaily.com
For more info on Home Values Call Greg McCallum at 303 641 0923 or visit www.ColoradoMountainRetreats.com
For more info on Home Values Call Greg McCallum at 303 641 0923 or visit www.ColoradoMountainRetreats.com
Monday, June 13, 2011
Friday, June 10, 2011
Wednesday, June 8, 2011
Monday, June 6, 2011
Through recession, Summit properties fared better than those in Vail, Aspen | SummitDaily.com
Through recession, Summit properties fared better than those in Vail, Aspen SummitDaily.com
For More information contact Greg McCallum at 303 828 0680 or visit our web site at www.ColoradoMountainRetreats.com
For More information contact Greg McCallum at 303 828 0680 or visit our web site at www.ColoradoMountainRetreats.com
Friday, June 3, 2011
Greg McCallum, Broker/Owner OF Colorado Mountain Retreats Realty Recives CNE Designation
Gregory McCallum Receives New Certified Negotiation Expert Designation
Real estate negotiation skills a must for all home buyers/sellers, especially in current market
Gregory McCallum has been awarded the Certified Negotiation Expert (CNE) designation, achieved by real estate professionals who have successfully completed formal training in the art of negotiation. Agents who receive this certification are in the top 1% of all agents nationally.
With professional negotiation skills, agents will typically obtain better results for their clients. CNE agents have a powerful competitive edge because of their ability to uncover information effectively, get more and give less during sales/purchase negotiations, and retain control over desired outcomes. Bottom line, CNE agents know how to influence and persuade others more effectively than agents without professional negotiation training.
The certification training is provided by Negotiation Expertise, LLC, a national negotiation training and coaching company based in Peoria, AZ. Tom Hayman, the President and owner, is a professional negotiator with 35+ year’s experience, including 25 years with Procter and Gamble, a Fortune 50 company. Hayman asserts “Any Buyer or Seller who hires a CNE agent can feel confident that they have the best trained agent in the business. They will get superior results and have better resolution of any issues when hiring a CNE agent.” For More Information Please Visit http://www.coloradomountainretreats.com/
Summit County marinas ready for summer - sort of | SummitDaily.com
Get ready boaters, lake levels are rising and the marinas will be up to full speed soon!
Summit County marinas ready for summer - sort of SummitDaily.com
Summit County marinas ready for summer - sort of SummitDaily.com
Thursday, June 2, 2011
Summit County Hapenings this Week
Breckenridge Montessori Cash Party set for Saturday
Want to win $10,000? Breckenridge Montessori is hosting its first Cash Party on Saturday with a chance of winning $10,000. We will pull tickets out of a bin, and every 10th ticket will be given a prize. The last ticket pulled out will win $10,000! Only 300 tickets will be sold. The Pine Beatles will be playing live. Tickets are only $100 and admit two to the event which includes dinner. Prizes include: two Epic season passes, an A-Basin season pass, round of golf for four, restaurant gift certificates (Hearthstone, Briar Rose, Blue River Bistro, Mountain Flying Fish, Relish), spa services, Breck rec center adult 25 punch pass, rafting, wine tasting and more. You do not need to be present to win. For more info or to purchase tix, visit http://www.breckenridgemontessori.com/ or call (970) 547-7661. Teen reading program kicks off Friday
Here's your chance to enjoy getting lost in a great story, while earning the opportunity to win an iPod Touch! The Summit County Libraries would like to invite all students who will be in middle or high school this fall to participate in the Teen Summer Reading Program. This year's knight-and-dragon themed program begins Friday when students may register at any Summit County Library. Each student will receive a goody bag with candy, games, reading game card, and an invitation to the dragon party July 28. Each eight hours read earns a free paperback book and an entry into the grand prize drawing to win an iPod Touch.
Get involved in all that the Summit County Libraries has to offer this summer! To learn more about the many events and services available for children, teens and adults, please visit the website at http://www.summitcountylibraries.org/; add our Facebook page to your favorites, follow us on Twitter (@summitlibraries) or simply come by and check with us at any of our three locations, in Frisco, Breckenridge and Silverthorne.
Farewell party for Tom Dickey Saturday in Frisco
Tom Dickey is retiring after 22 years of coaching and teaching in Summit County. Join him for a farewell party on Saturday from 2-4 p.m. at Byron Walter Park in Frisco. Safe Summer Kick Off set for Saturday in Silverthorne
The 11th Annual Safe Summer Kick Off is Saturday, from 11 a.m. to 2 p.m. at the Silverthorne Elementary.This is a great way to kick off the summer! There will be free giveaways of safety equipment, fingerprinting for children, helmet decorating, music and fun activities and a chance to take a tour of emergency service vehicles. There will be a car seat inspection area to check for proper fit and safety by certified technicians. With a donation, new car seats will be available.
To enter the essay contest for the bike giveaway, children need to complete an essay which they can get at the Silverthorne Police Department or www.silver
thorne.org. Completed essays may be dropped off at the police department during business hours by Friday, or at the event. The essay will be the child's entry ticket for the raffles. Bikes will be raffled off throughout the day of the event. The earlier children turn in essays, the more chances they have to win. If anyone has questions or would like to make a donation, they can contact the Silverthorne PD at (970) 262-7320.
Volunteers needed for the Summit of Bluegrass and Brews Festival
The Summit of Bluegrass and Brews is looking for volunteers to help on June 24, and June 25, with this year's festival. Volunteers of any age are needed for set up, break down and general help. Volunteers 21 or older are needed for serving. Shifts are 3-4 hours and volunteers are needed Friday evening and throughout the day and evening on Saturday. For more info, contact Kelly at (970) 368-5550 or volunteer@dillondba.org.
High Country Healthcare thanks nurse midwife for service
High Country Healthcare OB/GYN would like to announce that Heather Boucher, CNM, nurse midwife has to take a sabbatical from the practice. She intends to seek adventures outside the state and to travel the world. Boucher brought midwifery to Summit County in 2005. She has been an integral part of High Country Healthcare OB/GYN's mission to provide quality patient care. One of her successes is the Centering in Pregnancy Program. Centering in Pregnancy is a nationally recognized and acclaimed model of care that empowers women and provides them with peer support during pregnancy and beyond. We would like to thank Heather for her years of service to the women and families in our community. The staff and doctors at High Country Healthcare wish her safe and adventurous travels, with hopes that she will return to Summit County soon. Thank you Heather. Summit County Single Family Home Sales Update
It's June 2, 2011 and summer has finally come to Summit County! 3 days in a row of 70 degree weather is welcome! The sales statistics are in for Summit COunty for the month of May 2011 so let's take a look at single family residential sales as compared to the same month last year.
The results are mixed but potentially on the positive side. Overall, SFR sales in the month of May 2011 were up - 38 units vs. 37 in 2010, and Days on Market were down almost 20% - to 244 DOM vs. 299 DOM in 2010. This is great news! More sales in a shorter time period - Hooray!
Unfortunately, the average sales price has dropped 3% from $733,000 in 2010 to $711,000 in 2011.
And explanation for this could be that Sellers are realizing they have to discount their home price more to sell it faster.
On the inventory side, desite a flurry of new listings late last week before the Holiday Weekend, New listings are down this year - 525 new SFR listings this year, down from 575 in 2010 YTD. If this trend holds, increased sales and fewer new homes on the market, for the remainder of the year we could see some across the board price stabilization.
Could we miss the double dip here in Summit County? LEt's keep our fingers crossed!
OF course the numbers I have shared here are generalizations for all of Summit County, and local variations occur from neighborhood to neighborhood throughout the county. Contact Greg McCallum at 303 641 0923 or visit our website: http://www.coloradmountainretreats.com/ with questions about specific areas in the county!
The results are mixed but potentially on the positive side. Overall, SFR sales in the month of May 2011 were up - 38 units vs. 37 in 2010, and Days on Market were down almost 20% - to 244 DOM vs. 299 DOM in 2010. This is great news! More sales in a shorter time period - Hooray!
Unfortunately, the average sales price has dropped 3% from $733,000 in 2010 to $711,000 in 2011.
And explanation for this could be that Sellers are realizing they have to discount their home price more to sell it faster.
On the inventory side, desite a flurry of new listings late last week before the Holiday Weekend, New listings are down this year - 525 new SFR listings this year, down from 575 in 2010 YTD. If this trend holds, increased sales and fewer new homes on the market, for the remainder of the year we could see some across the board price stabilization.
Could we miss the double dip here in Summit County? LEt's keep our fingers crossed!
OF course the numbers I have shared here are generalizations for all of Summit County, and local variations occur from neighborhood to neighborhood throughout the county. Contact Greg McCallum at 303 641 0923 or visit our website: http://www.coloradmountainretreats.com/ with questions about specific areas in the county!
Tuesday, May 24, 2011
Keystone Broker Open House Tour 5 - 24 -11
Today we toured 6 properties in Keystone, ranging in price from $157,500 to over $2.2 million. A common theme across the board was that the properties were "priced to sell", and that the owners were anxious to make a deal. An emphasis on some properties was that the current list price was thousands below either the price the current owner paid and/or well below the last sale price in the complex.
This tells me that the Keystone market potentially has room to fall price wise, although inventories seem to be stable to dropping, when seasonally adjusted.
This link is a map of the property addresses we visited today:
http://maps.google.com/maps/ms?ie=UTF8&hl=en&msa=0&ll=39.601588,-105.992918&spn=0.023775,0.043559&z=15&msid=202047980320309409758.0004a40cbdc36d1cde7c1
Call Greg McCallum at 303 641 0923 or visit http://www.coloradomountainretreats.com/ for more information or to schedule a private showing on these or any other Summit County Property.
This tells me that the Keystone market potentially has room to fall price wise, although inventories seem to be stable to dropping, when seasonally adjusted.
This link is a map of the property addresses we visited today:
http://maps.google.com/maps/ms?ie=UTF8&hl=en&msa=0&ll=39.601588,-105.992918&spn=0.023775,0.043559&z=15&msid=202047980320309409758.0004a40cbdc36d1cde7c1
Call Greg McCallum at 303 641 0923 or visit http://www.coloradomountainretreats.com/ for more information or to schedule a private showing on these or any other Summit County Property.
Summit County Events This Week
Free Bike Fitting/Injury Prevention Seminar tonight at 5 in Frisco
Learn how to prevent common orthopaedic injuries with proper bike fitting at a seminar at 5 tonight at Avalanche Physical Therapy, 360 Peak One Drive, Suite 190 in Frisco. Bring pencil and paper, but no bikes. Presented by Dr. Paul Abbott of Vail-Summit Orthopaedics and Erin Kneedler Jones, DPT of Avalanche Physical Therapy. Free to the public. Summit Foundation seeks volunteers for golf tourney
The Summit Foundation is seeking volunteers for its annual Grand Lodge on Peak 7 Golf Tournament. Proceeds directly benefit the foundation and help the foundation continue its contributions to the community. The tournament will be held on June 12 at the Breckenridge Golf Club. Most volunteer opportunities will be available all-day long. If interested, contact Jennifer Stein by calling (970) 453-5970 or emailing Jennifer@summitfoundation.org.
The Summit Community Orchestra presents summer music camps
Scale the Summit Exploration music camp is a four-day, hands-on exploratory of the flute, clarinet, trumpet, percussion, violin and harp. Students will learn the basic playing positions, fingerings and simple songs for each of these instruments. This session runs June 13-16 from 9:30 a.m. to 3:30 p.m. at Warren Station in Keystone and is under the guidance of Don Hilsberg, a veteran music educator. For more info, call Janet Harriman at (970) 468-0110New this summer is Guitars on the Summit. This camp will be accepting guitar students to work on technique, improvisation and song-writing skills with legendary folk/rock guitarist Willy Porter. This session runs July 25-29. Scale the Summit Chamber music camp is for kids of all ages and abilities is open to strings, woodwinds, piano, guitar and harp. There will be two sessions July 25-29 and Aug 1-6. This camp will teach students about instrumental and ensemble playing, listening and leadership skills under the guidance of Chas Wetherbee, Keystone resident and first violin of the Carpe Diem String Quartet.
Summit Concert Band has opening for new musicians
The band is a community-based group focused on providing quality entertainment at events throughout Summit and the central mountain region. Visitors and part-time residents, as well as full-time residents of the area are welcome to participate in rehearsals and concerts. The band rehearses on most Thursdays from 7-9 p.m.; rehearsal location is normally the SHS band room. For more info, visit http://www.summitconcertband.org/ or send an email to info@summitconcertband.org. SPA looking for volunteers to sell produce
Summit Prevention Alliance is looking for volunteers to sell produce that it is growing. In exchange for your three-hour commitment, we will provide you with produce. We need help on Mondays from noon to 2 p.m. at the Dillon Thrift and Treasure, Tuesdays from 3-5 p.m. at Dillon Valley Elementary and Wednesdays at the community and senior center from noon to 2 p.m. If interested, contact Jannine at (970) 453-9333 until June 1, after 6/1 call (970) 668-2077. Monday, May 23, 2011
Thursday, May 19, 2011
Breckenridge Real Estate Sales Statistics
Good news for Summit County Real Estate Sales this April! The Stats are in and sales are up and prices are up!
According to the Summit County Association of Realtors, sales of single family homes were up 33% in April 2011 over April 2010. There were 48 sfr homes sold vs 36, respectively. Additionally, the average sales price jumped from $567,917 to $776,979 and days on market dropped from 302 days to 293 days.
Year to date numbers also show a similar trend with total sf home sales up almost 12% for the year.
Interestingly enough, this buscks the national trend which shows April 2011 home sales are down over 2010.
Check out http://www.coloradomountainretreats.com/ for more information!
According to the Summit County Association of Realtors, sales of single family homes were up 33% in April 2011 over April 2010. There were 48 sfr homes sold vs 36, respectively. Additionally, the average sales price jumped from $567,917 to $776,979 and days on market dropped from 302 days to 293 days.
Year to date numbers also show a similar trend with total sf home sales up almost 12% for the year.
Interestingly enough, this buscks the national trend which shows April 2011 home sales are down over 2010.
Check out http://www.coloradomountainretreats.com/ for more information!
Redevelopment of the old Breckenridge Building Center
The Planning commission has recently held a final hearing on the project to redevelop the old Breckenridge Building Center site. This parcel, at the corner of Main and French Streets in Breckenridge has become quite run down and is an eyesore at the northern gateway to Main Street. Known as the Columbia Lode Subdivision, The proposal subdivides the property into 5 parcels, one multi-family parcel and one single family lot, with the other 3 being public and private open space.
Benefits to the Town include:
Benefits to the Town include:
- Extension of sidewalk from the north end of the site - near the round about to the intersection at French and Main.
- Dedication of land along French Street to allow for the Town to construct a right hand turn lane from westbound French to northbound Main.
- Creation of a "significant landscaped open area" along Main Street.
- re-routing the Klack drainage which cuts the site.
Affordable housing seminar tonight in Frisco | SummitDaily.com
Affordable housing seminar tonight in Frisco SummitDaily.com
Great seminar for potential home buyers in Summit County. Be sure to check with Colorado Mountain Retreats Realty when you are ready to purchase!
Great seminar for potential home buyers in Summit County. Be sure to check with Colorado Mountain Retreats Realty when you are ready to purchase!
Wednesday, May 18, 2011
Summit County, Denver Water and others sign historic agreement
Summit County and it's communities have come to an historic agreement concerning water rights in the upper Colorado River Basin. This agreement halps all Summit County Communities including Breckenridge, Keystone, Frisco, Silverthorne and Dillon by ending disputes over water rights and usage. It also requires Denver Water to keep Lake Dillon at a certain minimum level except in the case of extreme drought and maintain Blue River flows above certain levels except in cases of extreme drought.
So what does this mean to the Breckenridge Real Estate Investor? As with Breckenridge goes the other communities in Summit County. This agreement also firms up usage of water for snowmaking at Breckenridge, Keystone, Copper Mountain and Arapahoe Basin. This helps to ensure good snow for visitors to Summit County and protects your Summit County Real Estate Investment by ensuring skier visits remain high. Also for the summertime, river flows and lake levels are important to the rafting and boating contingents and help maintain a year round tourist business.
Overall this is good for Summit County and good for Summit County Real Estate.
So what does this mean to the Breckenridge Real Estate Investor? As with Breckenridge goes the other communities in Summit County. This agreement also firms up usage of water for snowmaking at Breckenridge, Keystone, Copper Mountain and Arapahoe Basin. This helps to ensure good snow for visitors to Summit County and protects your Summit County Real Estate Investment by ensuring skier visits remain high. Also for the summertime, river flows and lake levels are important to the rafting and boating contingents and help maintain a year round tourist business.
For more Breckenridge Real Estate information visit http://www.coloradomountainretreats.com/
To read the entire agreement click here: http://www.co.summit.co.us/manager/documents/Summary_Briefing_FINAL.pdf
Overall this is good for Summit County and good for Summit County Real Estate.
Thursday, May 12, 2011
Wednesday, May 11, 2011
Thursday, April 28, 2011
Tuesday, April 19, 2011
Top 5 Reasons to Buy Breckenridge Real Estate Today!
Many people have asked me why they should buy a 2nd home or vacation property in Breckenridge, Keystone, Copper Mountain or other surrounding Summit County community today. Well I've put together a simple list of why you should buy your Colorado Mountain Retreat today!
- You can’t call the bottom! Bulls, Bears, but no Pigs on Wall Street. If you wait, you risk properties not being available later. Right now inventories of resale homes are at near record highs in Summit County, but who knows how long this will last - Act now to find the right property for you!
- What have you gained if prices decline but interest rates rise? You will actually be no better off than buying now. Interest rates are at all time lows and they won't stay here forever!
- Sellers are really willing to deal NOW. As soon as the market turns, it will be much harder to get concessions. The average time on market is currently around 6 months, SELLERS NEED TO SELL NOW!
- Other buyers just like you are getting into the market now because they recognize the tremendous opportunity that exists right now! The great deals are being snapped up daily while you wait.
- The Mountains are still the most amazing place to spend your spare time...This should probably be the #1 Reason! :):):)
So it is time to take action - Colorado Mountain Retreats Realty is here to serve your needs in summit county .
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