Sunday, April 29, 2012

New Members of the Colorado Ski and Snowboard Hall of Fame Announced

The Colorado Ski & Snowboard Hall of Fame has announced the election of Bill Bergman, Toby Dawson, Jerry Gart, Tom Jankovsky, John Meyer, Paul Testwuide and Ralph Walton into the Hall of Fame class of 2012. They will join a prestigious group of Hall of Fame athletes and visionaries who have made significant contributions to the Colorado ski industry when they are formally inducted during the 36th annual Colorado Ski & Snowboard Hall of Fame Induction Gala in October.

Bill Bergman

Max Dercum revealed “Dercum's Dream,” his vision of creating and developing Keystone, to Iowa attorney Bill Bergman. Dercum had the vision but Bergman possessed the business savvy skills to turn it into reality. He is credited as the individual who transformed skiing into a corporate enterprise. Bergman was able to expand the resort by designing environmentally friendly trails and installing snowmaking capabilities. Bergman laid the groundwork for standard practices in leading resorts that are still used today.

Toby Dawson

Adopted from an orphanage in South Korea by Vail ski instructors, Toby “Awesome” Dawson's time on the Vail slopes led to seven years on the U.S. Ski Team, winning seven World Cup titles, 17 podium finishes and he became the 2006 Olympic bronze medalist in freestyle skiing. He helped with South Korea's winning bid for the 2018 Winter Olympic Games and is now the South Korean National Ski Team coach.

Jerry Gart

The 1976 marketing director for Ski Industries of America, Jerry Gart opened 70 Gart Brother's Sporting Goods, famous for SNIGRAB and brought affordable ski equipment to Colorado residents. His ski carpet inside the store gave guests the experience of skiing. He established Denver Post/Gart Bros. Ski School and founded the Colorado Ski Country USA Ski Lift program.

Tom Jankovsky

Tom has worked 25-years as the general manager of Sunlight Mountain Resort and 24-years on the Board of Trustees for Colorado Ski Country USA. He championed the Colorado Gems and the 5th Grade Passport Program, created the successful Glenwood Springs marketing campaign: Ski, Swim and Stay, which has increased overnight stays and tourism.

John Meyer

After John Meyer moved to Denver in 1981, he began his 25-year career as the American ski writer for The Denver Post and the Rocky Mountain News. He has written for six Winter Olympic Games, covered four FIS Alpine Ski World Championships and 100 FIS World Cup events. John has been recognized as “America's Ski Writer” and is a dean of Olympic journalists in America.

Paul Testwuide

In 1963, Paul Testwuide came to Vail as a trail crew member and went on to become Vail Ski Patrol Director and ultimately became Vail's Chief Operating Officer. He secured water rights for snowmaking, which became a model for the rest of the Colorado ski industry to follow. He managed sustainable development of Blue Sky Basin and the rebuild of Two Elks after the ELF arson fires.

Ralph Walton

In 1970, Ralph Walton purchased then-bankrupt Crested Butte Mountain Resort. In three decades, he pioneered non-stop jet service to the ski area, developed a base village and subsequent subdivisions. He was on the Board of Directors for Colorado Ski Country USA and received a Lifetime Achievement Award from the National Ski Areas Association.

Saturday, April 14, 2012

How's The Market 2012?
The 1st quarter 2012 compared with 2011 has proven to be very, very interesting...
Single family homes sales were up 50% - 54 sold last year vs. 81 this year. 41% were in the $500K to $1Mil range and 36% were $1 Mil to $1.5 Mil. The 2011 average sale price for single family homes was $541,926 in 2011 and this year it was $748,356. That's a 7.2% jump!
Duplex and townhome sales were pretty much flat in sales and average sale prices, but condos took a pretty good hit in sales being off 21.4% and sale prices also off 16.1%
Of course, condo sales are often off in the 1st quarter as rental occupancies preclude showings and it is a bit hard to sell sight unseen.
Another interesting aspect to the 1sr quarter properties listed for sale are down 12%. Hmm, fewer properties to buy bodes well for at least stabler prices, maybe continued pressure upward???
Still early in the new year, and we will get a better picture when as the year progresses.
What I do know is, 2012 is the best time to buy in over 20 years! Buyers needed!
Click on this link to see all market stats for 2012 - All Market Stats
Now to the National Investment front - The National Association of Realtors(NAR) report in their 2012 Investment and Vacation Home Buyers Survey showed that investment/vacation home sales surged an extraordinary 64.5% to 1.23 million last year from 749,000 in 2010.
To read the full report - NAR: Vacation Home Survey Report