Your Source for Summit County Real Estate
There’s been a lot of news about the increase in the conforming loan limits for 2022. The new loan limits range from $647,200 to $970,800. A conforming loan means it will be backed by the government entities, Fannie Mae or Freddie Mac. That backing makes loans easier to get and generally you will have lower […]
September residential home sales in Summit County, CO were slightly higher than a typical year. However, they were substantially lower than last year’s extremes. Pandemic Sales We have all heard how the pandemic ignited second home sales across the country. That kicked in during the second half of 2020 in Summit County. After a shut […]
A wildfire, named the Ptarmigan Fire, broke out late Tuesday afternoon on Ptarmigan Mountain. It’s just above the Angler Mountain and Hamilton Creek neighborhoods in Silverthorne. As a result, several homes were evacuated and put on pre-evacuation notice. Luckily, cooler and wetter weather arrived Tuesday afternoon as well. Ptarmigan Fire evacuates homes The Silverthorne wildfire […]
After the town council meeting September 28th, the town of Breckenridge is moving forward capping short term rentals within town limits. Some exceptions do apply but those exceptions must meet rigid standards. These standards are only currently being met by 13 complexes within the town of Breckenridge. Short term rentals in those 13 complexes make […]
At the Dillon Town Council meeting on September 21st, the council voted not to enact the proposed short term rental license moratorium. They could go through this process again and put one into place at a later date, but for now, they have decided to let things ride while they do more research. There will […]
At a council meeting today, September 21st, the Dillon Town Council will discuss and vote on a short term rental license moratorium until the end of April. The council has seen short term rental (STR) applications increase recently due to the moratorium imposed by Summit County and the cap being considered in Breckenridge. As a […]
The Breckenridge Town Council heard public comment until late into the night at their September 14th meeting. In the end, the council voted unanimously to move forward with the proposed short term rental cap. The meeting was recorded so if you missed it or, like me, went to bed before it ended, you can watch […]
On the afternoon of September 14, 2021, the Board of County Commissioners voted unanimously to approve a short term rental license moratorium. The moratorium goes into effect at 11:59 PM on Friday September 17th for properties in unincorporated Summit County with a couple of exceptions. The exceptions are both Copper Mountain and Keystone. Owners of […]
It feels like there’s an assault on short term rentals across Summit County. Last week the town of Breckenridge decided to cap short term rental permits and this week Summit County is talking about a short term rental permit moratorium. Summit County is a resort area and a tourist economy yet the town and county […]
The Breck Town Council recently met to discuss limiting short term rental licensing. There are currently nearly 4,000 short term rental licenses in Breckenridge right now. The Town Council is drafting legislation to limit the number of permits to 2200. If they agree to the language, this could go into effect November 2, 2021. They […]
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