Friday, October 12, 2012

Third Quarter 2012 Update from Breckenridge & Summit County Colorado


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3rd Quarter 2012 Breckenridge & Summit County, CO Update.
 
 
Nancy Yearout
RE/MAX Properties of the Summit 
 
800-289-7005, Ext. 7677 or 970-485-0293 
 
While we had a great one, summer is just a memory, the aspens have shed their golden leaves and now, just waiting for our first real snow. Our mountains will soon look like the winter panorama you see above.
  
So,the race is on between Loveland and Arapahoe Basin ski resorts to see which will open first this year! Do you know who won last year? 
 
Breckenridge and all other ski resorts in Summit County are scheduled to open in just a few weeks. Soon the 2012/2013 ski season will  will be in full swing.  Are you ready?
 
Still time to find your place for the Holidays and enjoy the Lifestyle that is so dear to us all!
  
How's The Market YTD 2012?   
 
The local sold market in Summit County for residential sales is holding in at13% up!
 
Last week's number of properties selling and going under contract came in strong with a 54% sold improvement and a 27% under contract improvement over the same week in 2011. Strong fourth quarter activity going on now. Learn more at Weekly Real Estate Activity.
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A little more detail... Active listings are down 16%. Listings that are undercontract, and ready to close are up 15%. No matter how one looks at it, the market is up.
 
Third Quarter Results: Many like to associate to a year in the past that is similar to sales today. And that year, interestingly, is 2006 for both Condominiums and Single Family Homes. Here is a tidbit, there is only a 3% difference between sold home prices today as compared to 2006. Learn more at All Market Stats . 
 
Have I said yet, that it's time buy?  Yes, especially for those of you that want to take advantage of the income producing investment properties. The Ski season accounts for over 75% of the rental income for the entire year. Rental income goes a long ways in helping offset the day to day of your property ownership expenses!
 
LOCAL SPOT LIGHT
 
Speaking of rental income...The Summit Daily News reports, that Winter bookings in Breckenridge are looking good.
 
Preliminary winter bookings in Breckenridge are pacing ahead of the same time last year. Looks good for a busy ski season.
 
It's all good news!
 
Read the full article Winter Bookings Up.
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 Do, remember to contact me for up-to-date information, as much as you'd like, and whenever you'd like it. Your time is my time. After all, its your interests that are important, and what works for you, works for me. I am available most any day of the week.  
 
I welcome spur-of-the-moment inquiries and am always ready for a "Quick-look Showing" that fits your schedule."
 
Look forward to hearing from you,  1-800-289-7005, Ext. 7677 or 970-0293. Send me an email, nyearout@colorado.net 
  
 Visit my website to check out all the active listings in Summit and Park Counties:
 
 
 
 portrait
 
Nancy Yearout
Realtor 
RE/MAX Properties of the Summit
1-800-289-7005, Ext.#7677
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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