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Real Estate Newsletter
Summit County, Colorado, including Breckenridge, Dillon, Silverthorne, Keystone, Frisco, and Copper Mountain
Scenic West Real Estate Company
PO Box 6409 Keystone, CO 80435
800 479 2040 - 970 468 5600 - fax: 970 468 2620
http://www.scenicwest.com/
August 2010
Don't miss the summer events at Keystone. If you enjoy festivals, comedy, musical theater, family theater, movie nights and more, then Keystone is the place for you. Check out www.keystonefestivals.com for more information.
The average rate for 30-year loans fell to 4.56%, down from 4.57% a 2 weeks earlier, marking the fourth time in five weeks the 30-year rate has fallen to a record low. The rate on a 15-year fixed loan dropped to 4.03%, the lowest on records dating back to 1991.
The inventory of properties on the market has risen, but well priced properties are still selling quickly. Don't wait any longer, now is the time to put your property on the market. Contact our office for a Free Market Analysis of your property.
110 of the 118 chairs of the Exhibition Lift at Arapahoe Basin were sold for $450 a piece, and helicopters carried out the lift towers in preparation for the construction of the new Black Mountain Express, a high-speed quad running from the base area to mid-mountain. Most of the towers will be converted into avalanche control towers or other resort infrastructure.
There was a public meeting at the Beaver Run Conference Center in Breckenridge to gather input on housing, recreation, environment, economy, traffic and other topics with the purpose of preserving the community over the next 20 years. The changes expected to affect the community are outlined in the Summit Leadership Forum’s 2030 Forecast, available at: www.townofbreckenridge.com
Would you like to experience and enjoy the year round activities that Summit County has to offer? Start making family memories now, while staying in your own mountain property. To look at ScenicWest's current listings, click here.
From the recently released annual almanac of data of the Census Bureau: Colorado has the fewest vehicles per capita in the U.S.; the smallest percentage of residents with heart disease; and, the fewest number of obese adults.
Colorado was ranked third in CNBC’s fourth annual list of America’s Top States for Business. Texas was ranked first and Virginia was second.
Conforming loans are at 4.60% for 30-year fixed loans. If you are thinking about buying, do it now, and lock in at the current interest rate. Call our office for more information: 1-800-479-2040. Rates are available at ScenicWest's Rate Page.
Having trouble getting to the library or book store? Maybe you just want to preview or read a chapter of your favorite author or book. The place to look is online; there are 8,000 books and 3,500 authors available at: www.readprint.com/.
Governor Bill Ritter has announced that $99,776 has been awarded to Summit County to continue funding for an existing down-payment assistance program operated by the Summit Combined Housing Authority. The program serves people employed in Summit County with income below 80% of the area median income and is not restricted to first-time homebuyers.
Our website offers FREE information. Go to our home page for information on Summit County resort activities, Colorado real estate offered by ScenicWest, tools for your real-estate needs, such as a mortgage calculator, and new projects.
A sharp decline in mail volume, the recession and the increase of electronic bill paying is pushing the U.S. Postal Service to the brink of running out of cash. Postal officials are proposing to increase the price of a first-class stamp by 2 cents to 46 cents on Jan. 2, 2011. Mail volume has dropped 20% from the first quarter of 2007 through the second quarter of 2010.
Would you like to be able to enjoy mountain biking on numerous trails, walking to world class skiing, fly fishing in the rivers and golfing on one of the many championship courses? Don't hesitate! If you have ever considered purchasing a mountain property in beautiful Colorado, buy now, and start enjoying your new mountain home.
The old, fixed-grip, three-seat Chair 5 lift at Vail, known as High Noon Lift, is going to Canada. Chair 5 is being replaced with a high-speed quad this summer and will be installed at Whitewater Ski Resort in Nelson, British Columbia, and will be known as the Glory Ridge Chair.
Vail Resorts has instituted a $5 charge to ride the gondola after 4 p.m., actually, the charge is $15, but the charge includes a $10 credit for dining or activities. The after-4 p.m. charge is new this year, and some bar, restaurant and business owners in Lionshead have expressed concerns that the charge will reduce foot traffic in Lionshead.
If you have ever thought about marketing your property, contact our office. We will give you a Free Market Analysis of your property.
Keystone brings the wonders of Appalachia to the Rockies with its 14th Annual Bluegrass and Beer Festival. Taking place July 31, 2010 - August 01, 2010, this event brings over 25 of Colorado's finest microbreweries together with some true mountain-music for a fun filled weekend. Go to www.keystoneresort.com for more information.
The demand for world-class, four-season properties is enormous. The time to act is now. Keystone Resort has positioned itself to become one of North America's leading destination mountain resorts. It continues to evolve into a world-class, four-season, vacation destination. The area offers many opportunities to purchase a mountain retreat, from ski-in, ski-out condos to secluded mountain homes and homesites. Visit our web page for more information. ScenicWest Home Page
Many shoppers now haul their groceries home in their own tote bags, why not send your kids to school with snacks in organic cotton totes? The idea was put into practice by Colorado native Jennie Hammers when she found out her daughter was allergic to PVC plastic, ruling out most traditional food containers. Hammers started her company Eco-ditty in 2008, making snack-sized ditties and a larger wich ditty for sandwiches. They can be washed by hand, dishwasher or washing machine. Information at: www.ecoditty.com.
If you have ever considered purchasing a mountain property in beautiful Summit County, Colorado, don't hesitate! These opportunities will not be around for long. Buy now before interest rates go higher, and the selection of properties on the market goes down even more.
Breckenridge Resort regained the title of most-visited resort in the U.S. last winter, posting a 3% increase last season. That growth was in part fueled by marketing money provided by the town. The Breckenridge Resort Chamber and the mayor are also supporting moves to create a sustainable source for marketing revenue. The annual report of the BRC is available at: www.gobreck.com/members/annual-report.
Don't Miss Out! Own the Mountain Getaway you have always dreamed of, and benefit from the tremendous increase in property
values that are just around the corner!
Please call for more information: (800) 479-2040 or (970) 468-5600
Or E-mail info@scenicwest.com
The information provided herein is provided from various sources. These are tips which seem to be good ideas, products or
services. ScenicWest Real Estate Company is providing this information as a matter of convenience. It has not verified the
correctness of the information, or tested or used the services or products mentioned herein. Interested individuals should
fully investigate products or services they may be interested in on their own.
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