news

July 13, 2022

Short Term Rentals Breckenridge - The latest update

 

It was with some trepidation that I went to the Breckenridge Town Council work session yesterday that amongst other things discussed the short-term rental regulations that have been a focal point of town affairs for over a year.

 

My previous post dated May 26th 2022 is available here ...

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June 22, 2022

Current state of the real estate market - Breckenridge and Summit County

 

How's the market? Breckenridge and Summit County

 

I thought I would write to you about the current state of the real estate market. The last 6 weeks have been a transition period from the market that existed in the prior 18 months. The effect of the short-term rental restrictions, coupled with economic factors such as ...

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May 26, 2022

The current Short Term Rental situation in Summit County

The current Short Term Rental situation in Summit County

 

The short term rental (STR) `topic in Summit County has been a hot one for the past year or so and current developments mean that this will continue to be the source of discussion and debate for the next 12-18 ...

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Nov. 29, 2021

Summit County Short Term Rental License

Yesterday the Summit County Commissioners approved an ordinance creating a new short-term rental license structure. The Ordinance will go for a final reading and vote on December 16th. If approved, the Moratorium on current permits will expire, and the new Ordinance will take effect. 

If you have questions ...

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Oct. 20, 2021

Breckenridge Grand Vacations Gondola Lot Development

Breckenridge Grand Vacations Gondola lot developmentThe master plan for the proposed Breckenridge Grand Vacations development was approved at its final hearing with the Breckenridge Planning Commission on Tuesday, Oct. 19.
Breckenridge Planning Commission agenda packet/Courtesy rendering

Breckenridge planning commission approved plan submitted by Breckenridge Grand Vacations to the develop the Gondola and Gold Rush ...

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May 28, 2021

Mortgage Rates Dip Back Below 3%

Ultra-low mortgage rates returned this week, with lenders offering home buyers and refinancers a chance once again to lock in a rate below 3%. But the National Association of REALTORS® warns that these low rates in the 2% range won’t last much longer, and mortgage rates likely will edge up ...

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Dec. 8, 2020

October real estate in Summit County

October real estate in Summit County tops last months record with $360M in gross volume and 442 transactions!

  • Market Analysis by Area for October 2020: There were a total of 442 transactions and $360,036,310 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions was ...
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Oct. 8, 2020

Zoom Town - The popularity of Breckenridge and other mountain towns

Zoom Town

 

There has been a lot of talk in recent months about how the structural shift in the real estate market is playing out geographically. When a trend becomes more engrained in the market it is not unusual for a term to be coined to reference this trend ...

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Aug. 6, 2020

It has been a hot summer for Real Estate

As we move into the latter part of the summer, the heat in the real estate market shows no sign of abating. And we are not the only area that is experiencing the uptick in activity. The Denver Metro area that makes up a large part of our real estate ...

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May 5, 2020

Latest market news May 2020

With Breckenridge opening up for some business activity this week, there is a noticeable amount of increased traffic on the streets and foot traffic on the sidewalks. Whilst nothing like the normal amount of people it does mark a shift from the previous 6 - 7 weeks. 

The new regulations ...

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