In some cases, the value of Summit County homes has risen by more than 40 percent. But Summit County assessor Beverly Breakstone said the increase doesn’t necessarily mean you’ll owe a lot more in property taxes next year.
“We’re very hopeful taxes don’t go up much,” Breakstone said. “The good news is, values have gone up.”
This […]

BRECKENRIDGE — Breckenridge officials want to restrict home sizes to preserve neighborhood character, but public concerns have led to a task force aimed at finding a consensus.
The town last week hosted two open-house meetings with residents from about 25 Breckenridge neighborhoods.
In both meetings, many of those surveyed shared that maintaining the size and scale of […]

Recently released year-end figures from Land Title Guarantee Co. reveal what any local real-estate agent already knows: 2008 was not a great year.
Taking data from the Summit County Clerk and Recorder’s Office, Land Title reports that monetary volume for 2008 was down 35 percent from 2007. In December alone, monetary volume for 2008 was down […]

When investing in Colorado’s ski country real estate, many buyers forgo the glamour and exclusivity of chic resorts like Vail, Aspen and Telluride for the much lower prices, deep snowfalls and skiing in Summit County.
“About 70% of all residential property in the county is owned by second-home owners — and that’s been going up,” says […]

The latest federal statistics on housing prices in hundreds of local markets reveal patterns that haven’t been making the nightly news: While on a national basis, homeowners have lost more than $1 trillion in equity since the end of the boom, the overwhelming majority of local markets continue to show net cumulative value growth over […]

Five or 10 years from now, when the financial crisis has ended and housing prices are up smartly once more, we will look in the rearview mirror and realize that we missed a golden age for first-time home buyers.
Then, everyone who sat on their down payment savings accounts for a few years too long will […]

Vail, CO (December, 2008) - At least once in everyone’s lifetime, a real estate opportunity comes along that they will always remember. Some will see what a smart move they made. Others will regret the smart move they could have made. Today, the Vail Valley of Colorado is one of those opportunities.
Four decades ago, Rod […]

SILVERTHORNE — Silverthorne has finalized its purchase of the Smith Ranch parcel, enabling the town to save the land for a future affordable-housing development.
Council members hope to annex and zone the land quickly, despite remaining hesitant to commit to a building project.
The final purchase cost was $3.56 million for the 51-acre property that is slated […]

SILVERTHORNE — The final plan for a mixed-use development on Silverthorne’s riverfront, along with a wetland-disturbance permit, was approved unanimously by the town council Wednesday.
The Sapphire Plaza development includes three buildings, including both residential units and commercial space.
The three buildings will be located on 2.6 acres that back up to the Blue River, between 11th […]

The Federal Reserve announced last week that it would purchase up to $100 billion in direct debt of Fannie, Freddie, and the Federal Home Loan Banks, along with up to $500 billion of mortgage-backed securities backed by Fannie, Freddie and Ginnie Mae, the government-sponsored enterprises at the center of the U.S. housing crisis. Mortgage rates […]