The Blog Has Moved

Hello, everyone,

Our blog has moved, to
http://themoens.com/category/blog/ .

This blog, www.WeLoveBreckenridge.com, will not be updated any longer.

So visit us on
http://themoens.com/category/blog/ for new articles!



Roger and Teresa Moen
Your Mountain Realtors
(970) 376-2039

Pro Cycling Challenge Party at RE/MAX

The USA Pro Cycling Challenge is the most demanding bike race ever held on American soil, with racers experiencing breathless altitudes, day after day. The race is on the level of the Tour de France, bringing the high speeds, danger and adrenaline of professional biking to elevations over 2 miles high in some of the most picturesque terrain in the world—the Colorado Rocky Mountains.

This year,
Stage Two is August 20, 2013, and runs from Aspen to Breckenridge and the finish line is right by the RE/MAX office! And Stage Three leaves from Breckenridge heading to Steamboat Springs the next day. Click for more info on the Breckenridge stages, including detailed activities etc.

So
we’re having a party at RE/MAX, Tuesday 8/20 from 2:00PM to 5:00PM

Bike Race Party 2013 500w

Hope to see you on Tuesday for some good food and fun!

(On August 27, 2011,
Stage 5 went right past our office, and the finish line was 3 blocks away. So of course we invited our friends and clients to enjoy the race with us! Check out the video of that year’s event):



Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.

Please check back from time to time, for
more videos.



Roger and Teresa Moen
Your Mountain Realtors
877.453.2266

Good News Headlines

Hello and welcome!

We think you’ll find the following headlines of interest. We’ll add more from time to time. If you have some suggestions, please contact us!

Breckenridge:

  • Pasted GraphicUSA Pro Cycling Challenge route announced for 2013 race - Breck is a major stop along the epic race route. The world’s top athletes will cross the Stage 2 finish line on Main Street on Tuesday, Aug. 20. They’ll have a night’s rest, then head back to Main Street at 9 a.m. Wednesday to begin Stage 3 - Summit Daily 7/26/2013 (See our fantastic 1-minute video from the 2011 event!)
  • Pasted GraphicBreckenridge Begins Peak 6 Expansion - The Peak 6 expansion project will stretch the amount of skiable terrain at the resort by almost a quarter. The project will include 400 acres of lift-served terrain and 143 acres of hike-to terrain. The resort also plans to add a high-speed, six-person chairlift and a fixed-grip chairlift to access the Peak 6 area - Summit Daily, 7/10/2013
  • Pasted Graphic$20 Million Summer Recreation Upgrade Planned For Breckenridge Ski Resort - An additional 14 miles of mountain-biking trails will be added to the existing network across Peaks 7 and 8, including a new biking headquarters at the base of Peak 7. A lookout tower platform will allow hikers in the Horsehoe Bowl to enjoy panoramic views, while challenge courses will let visitors of all abilities climb through multiple levels of rope courses, bridges and zip lines - Summit Daily, 3/30/2013

Summit County:


Colorado:


National:

  • Pasted GraphicHome Prices Keep Soaring - The S&P/Case-Shiller home price index was up 12.2% compared to a year ago, slightly better than the 12.1% rise in April. It was the biggest year-over-year jump in prices since March 2006, near the peak of the housing bubble - CNN Money, 7/30/13
  • Pasted GraphicHome Prices Are Still Marching Towards Old Bubble Peak - For the 12 months ending in April 2013, domestic home prices jumped 7.4 percent. The Federal Housing Finance Agency index is back to January 2005 levels, but still remains 11.7 percent below its April 2007 bubble peak - Wall Street Cheat Sheet, 6/25/13
  • Existing Home Sales Hit Highest Level Since November 2009 - The National Association of Realtors announced that total existing-home sales, which are completed transactions that include single-family homes, town-homes, condos, and co-ops, increased 0.6 percent to a seasonally adjusted annual rate of 4.97 million units in April - Wall Street Cheat Sheet, 5/22/13



Roger and Teresa Moen
Your Mountain Realtors
970.376.2039

Breckenridge Market Update

Hello from Breckenridge, the best ski town in the Colorado Rockies!

Here’s the
mid-year review for the real estate market in Breckenridge, Colorado.

We have a
buyer’s market that is steadily moving towards a more balanced market. Portions of our market are actually starting to favor sellers; for example, homes under $500,000 and condos under $300K.

There’s plenty to choose from, prices are rolled back to 2005 levels, and interest rates are low but creeping up. If you’ve been wanting to invest in Summit County, CO,
now is the time!

BreckNSales 500

The chart above shows the number of residential sales in Breckenridge (homes, condos, townhomes, duplexes, and vacant lots) for the period January 1 to June 30 for each of the years 2005 through 2013.
  • 2006 was the peak year for number of transactions
  • 2009 was the lowest year for number of transactions
  • The number of sales year-to-date is up 26% over last year at this time, and is more than double what it was in 2009! And the YTD-sales exceed those of 2008! We are well into an unmistakable market recovery.
  • On average, the number of residential sales in Breckenridge has increased 20.4% per year since 2009
  • The total sales volume (the sum of all selling prices) year-to-date is up 27% vs 2012 on this date. This is what one would expect, if prices are also mostly flat: the increase in $ sales volume, matches the increase in the number of transactions vs last year (26%).
  • The prices of properties peaked in late 2007 / early 2008. Prices are currently around 30% below that peak.
  • Prices have stabilized. Several condo complexes and subdivisions are showing that sold prices per square foot are roughly flat since 1/1/2009. There is no strong trend, either up or down, in selling price-per-square-foot for all of 2009 - 2013. However, we’ll be posting our latest analysis showing that prices for homes under $500K are beginning to creep up.

Please check back from time to time, for more Breckenridge Colorado
real estate market statistics and analysis.



Roger and Teresa Moen
Your Mountain Realtors
877.453.2266

4th Of July in Breckenridge

Don’t miss the Fourth of July in Breckenridge, Colorado!

A fantastic day of patriotic fun. Events include free balloons at RE/MAX Properties of the Summit (220 South Main St), the parade, an art fair, water fights using fire hoses, a car show, a garden party, concerts, and of course, fireworks (weather permitting)!
Click for details then click “Schedule”

NOTE: If you want tickets for the 8:30PM Patriotic Concert at the Riverwalk Center, they go on sale Thursday June 27, 2013 at 12 noon. You can get them online, or in person.
Click for details.

As long as you’re in town,
click for more things to do in Breckenridge!



Did you know: you can expand the video to full screen? While the video is playing, click the YouTube button, then click the Full Screen button.

Please check back from time to time, for
more videos.



Roger and Teresa Moen
Your Mountain Realtors
877.453.2266

Useful Links and Things To Do in Breckenridge

Hello and welcome!

If you are new to Breckenridge, Summit County, or Colorado, you might find the following links useful. We’ll add more from time to time.

We hope you enjoy your visit!

In Breckenridge (Seasonal):



In Breckenridge (all year ‘round):



In Summit County:


In Colorado:




Roger and Teresa Moen
Your Mountain Realtors
970.376.2039

Alpine Breckenridge Home For Sale

Our newest listing - a beautifully redecorated home in the Alpine Breckenridge subdivision!

Live in the woods with a view of the mountains! Just 7 miles from downtown Breckenridge, Colorado in gorgeous Summit County! Four bedrooms, three bathrooms, on a quiet street, and with fantastic finishes. Plus, there's wildlife in the area, including moose and fox: see our videos "
Moose In My Neighborhood" and “Foxes In Our Backyard

Adcock Kitchen 500 Virtual Tour

For more information, including
pricing and beautiful professional photos, click here.




Roger and Teresa Moen
Your Mountain Realtors
970.376.2039

Kingdom Days in Breckenridge

Get ready for Kingdom Days in Breckenridge, Saturday and Sunday, June 15-16, 2013!

A fun weekend in June, celebrating Breckenridge's past. There's gun fights, gold panning, outhouse races, and more. This video is from the 2008 event, but it's held every year, in mid-June.
Click for details.

It’s a busy weekend - here’s some additional fun events:
  • The Breckenridge Town Party is Friday, June 14, 2013. Click for details.
  • Opening Night for the Breckenridge National Repertory Orchestra (NRO) is Saturday, June 15, 2013. If you like classical music and a full orchestra, click for details.
  • The Frisco BBQ Challenge is Friday and Saturday, June 14-15, 2013. Click for details.

As long as you’re in town, click for more things to do in Breckenridge!



Did you know: you can expand the video to full screen? Click the button, above right, with the 4 arrows.

Please check back from time to time, for
more videos.



Roger and Teresa Moen
Your Mountain Realtors
877.453.2266

Highlands Home Sales Are Strong

Hello from Breckenridge, Colorado!

Sales are strong in the Highlands At Breckenridge luxury home subdivision. As of today, 5/11/2013, there is a 10-month supply of homes in the Highlands (just the original Highlands subdivision - not the golf course filings nor Discovery Hill, etc).

Some details:
  • We charted all 65 home sales in this subdivision since 1/1/2009, and the price-per-square-foot is stable and slightly rising! (See the red line). There’s a slight +2% percent per year uptrend (green line) in the price per square foot.
  • The most recent sale (blue line) was for $3,400,000 on 4/24/13, which is the highest sales price in this subdivision, ever!
  • The last three sales were:
  1. $359 / sq ft on 4/8/13 - We (Roger & Teresa) had the buyer!
  2. $389 / sq ft on 4/24/13 - An agent in our Breckenridge RE/MAX office had the buyer!
  3. $448 / sq ft on 4/24/13 - Once again, an agent in our Breckenridge RE/MAX office had the buyer!
The average sold price per square foot since 2009 has been $309 / sq ft, so these last three sales are well above the average.

So, for the last 3 sales, the Breckenridge RE/MAX office had the buyer! Hmmm… I guess you know who to call! Roger & Teresa at (970) 376-2038!
Screen Shot 2013-05-11 at 11.15.37 AM

It’s great to see continued strength in our local real estate market, isn’t it? With the stock market at an all time high, and interest rates at historic lows, it looks like 2013 is shaping up to be a fantastic year for Breckenridge.



Roger & Teresa Moen
Your Mountain Realtors
970.376.2038

Breckenridge Market Update

Hello from Breckenridge, the best ski town in the Colorado Rockies!

Here’s the
spring-time review for the real estate market in Breckenridge, Colorado.

We have a
buyer’s market that is steadily moving towards a more balanced market. Portions of our market are actually starting to favor sellers; for example, there is only a 2-month supply of homes under $500,000 in Breckenridge! Overall, prices per square foot are roughly flat since 2009, and the number of sales is clearly moving up.

There’s plenty to choose from, prices are rolled back to 2005 levels, and interest rates are low. If you’ve been wanting to invest in Summit County, CO,
now is the time!

Screen Shot 2013-05-11 at 1.41.50 PM

The chart above shows the number of residential sales in Breckenridge (homes, condos, townhomes, duplexes, and vacant lots) for the period January 1 to May 5 for each of the years 2005 through 2013.
  • 2006 was the peak year for number of transactions
  • 2009 was the lowest year for number of transactions
  • The number of sales year-to-date is up 32% over last year at this time, and is more than double what it was in 2009!
  • On average, the number of residential sales in Breckenridge has increased 20% per year since 2009
  • The total sales volume (the sum of all selling prices) year-to-date is up 32% vs 2012 on this date. (This is what one would expect, if prices are also flat: the increase in $ sales volume, matches the increase in the number of transactions).
  • The prices of properties peaked in late 2007 / early 2008. Prices are currently around 30% below that peak.
  • Prices have stabilized. Several condo complexes and subdivisions are showing that sold prices per square foot are roughly flat since 1/1/2009. There is no strong trend, either up or down, in selling price-per-square-foot for all of 2009 - 2013.

Please check back from time to time, for more Breckenridge Colorado
real estate market statistics and analysis.



Roger and Teresa Moen
Your Mountain Realtors
877.453.2266