November News
The Breckenridge Ski Area opened on November 7th along with Keystone and Copper Mountain. For the first time ever Breckenridge's Peak 8 opened first with snowmaking on one run. The new gondola services the skiers from town up to the base. Its a very beautiful relaxing ride. The new Crystal Peaks Lodge is just about sold out from the original offering. People have moved in and they are enjoying the wonderful building and amenities. The Grand Lodge next door is off to a great start with their Time Share sales. Their weeks start as low as $11,000.00. Next week Peak 9 will open with the lower part of the mountain. It will be possible to go from Peak 8 to Peak 9 for those people that are staying on Peak 9.
The weather has been beautiful and more like spring skiing with temperatures in the 50's. The Real Estate market is slower then its been in the 20 years I have been selling. This is a great thing for buyers that were unable to get into the market before. There is a lot of inventory and there are many Sellers that are motivated to get their property sold so as a Buyer its a perfect time to find that mountain property and make an offer..
With the stock market very volitale a lot of our buyers are pulling money out of the stock market and putting it into Real Estate. The appreciation in the Breckenridge area in the last 10 years has been an average of 10% a year. With Real Estate being a tangible asset and one that people can use it makes perfect sense that our area is a great place to put your money.
Posted at 08:30PM Nov 19, 2008 by Mary D D Brooks in Real Estate | Comments[1]
Posted by Mary Brooks on January 17, 2009 at 04:40 PM MST #