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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/
May 2012
Most Summit County resorts have closed for the season, but lifts are still operating at Arapahoe Basin and Loveland, albeit on scaled back levels. The Pallavicinci Chair at A-Basin, which serves the area’s steepest terrain, is operating and Loveland has chairs 1, 2, 6 and 9 operating. Both resorts plan on closing May 6th.
Whether it's an Epic Pass, or a pass to Copper Mountain, Arapahoe Basin or a Super Pass Plus, now is the time to buy a pass for the 2012-13 season to secure the best price. Best locations to find information: www.epicpass.com, www.skicolorado.com, www.coppercolorado.com, www.arapahoebasin.com, and www.skiloveland.com.
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.
Work is almost complete on the exterior finishing of the Lowe’s outlet in Silverthorne, which is scheduled to open in August. Lowe’s has plans to hire some 140 full- and part-time employees for the store starting in mid-May. The company expects to fill about 10% to 15% of the workforce from internal transfers, leaving more than 100 jobs to fill locally.
The route for the 2012 USA Pro Cycling Challenge was announced recently, with details on each stage of the 683-mile race across the state, August 20-26. The race will begin in Durango, with laps around Durango before cyclists head out on U.S. Highway 160 to Dolores, then over Lizard Head Pass to Telluride. Complete information is available at: www.usaprocyclingchallenge.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.
The Colorado Tourism Office rolled out its new promotional campaign, with TV ads in Dallas, Chicago and Phoenix. The “Come to Life” campaign features original musical scores composed and performed by the Colorado Symphony.
Molson Coors Brewing Co. outbid rivals SABMiller PLC, Anheuser-Busch InBev NV and Ashai of Japan to complete a deal to acquire Central and East European brew StarBev LP for $3.54 billion. Molson Coors gains StarBev’s portfolio of 20 brands, including Borsodi, Bergenbier and Jelen, along with StarBev’s right to brew or distribute AB InBev brands including Beck’s, Lowenbrau and Stella Artois.
Conforming loans are at 3.82% 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.
Construction on the new gondola on Vail Mountain began in April, with the gondola slated to be in operation for the opening of the 2012-13 season on November 16. The new gondola will be the first-of-its kind in North America and the fastest gondola of its type in the world, with an uphill speed of 1,200 feet per minute, with each cabin holding 10 people, and will increase uphill capacity by 40%.
Summer travelers will face detours as they drive to Denver International Airport. Construction of the airport hotel and commuter-rail transit station will result in detours on both sides of the airport on Level 5 beginning May 19, and on the west side for passenger pickup and drop-off areas on levels 4 and 6 beginning June 2.
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.
The Denver-Aurora-Broomfield metropolitan area added 6,300 construction jobs from February 2011 to February of this year, the largest number of new jobs among 337 metro regions in the U.S. tracked by the Associated General Contractors of America.
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.
Colorado officials have announced the launch of a $130 million broadband project that will help provide high-speed Internet access for schools, libraries, healthcare facilities and government offices statewide. The 4,600-mile fiber-optic network is schedule for completion by August 2013.
Search-and-rescue teams across Colorado perform 1,500 missions each year, and if you are going into the backcountry, plan ahead. Notify someone of where you are going; take a map and compass, first aid kit, matches and rain gear. Also, consider buying a Colorado Outdoor Recreation Search and Rescue Card. CORSAR card information is available at: www.dola.colorado.gov, and use the pull downs “local government,” “financial assistance,” and “search and rescue.”
If you have ever thought about marketing your property, contact our office. We will give you a Free Market Analysis of your property.
The spring turkey hunting season began April 14, and the light snow this winter promised excellent conditions for spring hunters. Also, the Colorado Parks and Wildlife has made more licenses available, boosting the number from 766 last year to 881 in 2012 in an attempt to reduce turkey populations. Since an aggressive program to reintroduce turkeys in the 1980s, the state’s turkey population has grown to more than 35,000 wild turkeys and birds can be found in 53 of the state’s 64 counties.
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
A new report shows Denver is Number 2 in the nation for the shortest time a home stays listed, 33 days, and far below the national median time of 89 days. Buyer demand has surged and the number of homes for sale in metro Denver has dropped sharply. Unsold homes on the market numbered 10,325 at the end of March, a 42% decline from March 2011.
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.
Public trustees in Colorado released 74,808 deeds of trust during the first quarter of 2012, which was up 28.2% from the fourth quarter of 2011 and a demonstration of the sizable increase in the amount of home purchase and refinance activity since late last year. The state Division of Housing notes that the numbers are still down “significantly” from 10 years ago, but the first quarter will likely be one of the most active quarters since 2008.
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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