What to expect for the rest of 2022 and beyond

The last 24 months has certainly been quite the roller coaster in the Summit County real estate market. From the easing of lockdown in June 2020 to the beginning of 2022, the market was on a remarkable upward trend ...

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 ...

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 ...

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 ...

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 16^th. If approved, the Moratorium on current permits will expire, and the new Ordinance will take effect. 

If you have questions ...

The 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 ...

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 ...

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 ...

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 ...

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 ...