On April 16th, the state of Colorado discontinued the Covid 19 dial that dictates what can be open, capacity limits and other Covid restrictions. Instead, they are giving that responsibility to the individual county. Each county has the responsibility to determine what is right for their county, their business, and their people. As a result, […]
Interest Rates on Second Homes Jump in an Instant
Freddie Mac & Fannie Mae recently made some changes to their loan requirements that impacts what loan products are readily available to consumers. One of those changes is making interest rates on second homes jump and another may make investment property loans more difficult to get. Second homes make up a huge portion of the […]
Incredible Residential Sales Again! March 2021
March is one more month in the string of months with incredible residential sales in Summit County. There were 177 sales in March, nearly double the residential sales in 2020. March 2020 was the start of the pandemic but this March residential sales were more than double 2019 too. Selling quickly 70% of March closings […]
New Keystone Ski-in Ski-out Development in River Run
Another parking lot for skiers has gone away and is turning into real estate. As property values go up, the best use of slope side, pay parking lots is no longer revenue from a few cars. Luxury, ski-in, ski-out condos are a much more profitable venture. The Hunki Dori lot, next to the Gondola at […]
Frisco, CO real estate sales in 2021
We are a few months into 2021, a new year and perhaps a new reality for a lot of people hard hit by 2020’s pandemic. With the change of the calendar, unfortunately the world didn’t change overnight. It’s taken some time but we are starting to see a shift. Mass vaccines are underway, restrictions are […]
Covid Restrictions Loosen in Summit County Colorado
Summit County data on positive tests, hospitalizations and deaths continue to improve. This is prompting an adjustment to the Covid restrictions put in place by Summit County. While restrictions are still in place, many are loosening allowing more businesses to come closer to normal operations. With Covid vaccines underway, and seeing Covid restrictions loosen, we […]
Copper Mountain Home Sales Increase 73%
2020 was an amazing year for Summit County real estate as it was for many areas across the country. As the year pushed on, sales skyrocketed, inventory plummeted and prices soared in all of our towns. In the last 12 months ending January 31, 2021, Summit County home sales increased by 21.7%. Copper Mountain home […]
Copper’s new A-Lift Development is on the way
There’s been talk for a few years that Copper would be developing the A-Chair area with a hotel. Preliminary drawings are out and plans are now in the works for Copper’s new A-Lift development called Born Mountain Club. The A-Lift For those of us that love the A-Chair ski runs, which are long, black bump […]
Stay Safe During Winter Fun in Summit
Summit County is a fantastic place to be in the wintertime. There are so many options for winter fun. You can ski at one of the 4 resorts in the county, head into the backcountry if you have the necessary skills and education, go fat biking, snow kiting, sledding or tubing, snow shoeing or whatever […]
What happened with selling & buying homes in Summit County in 2020?
I’m sure you have been hearing how good real estate has been doing during the pandemic. There have been news reports saying people have been leaving cities and heading to the suburbs. People can work from anywhere and are finding more desirable places to be. People are wanting more spaces for their family and are […]