Summit County Market Updates Blog

Breckenridge and Summit County Real Estate Market Trends, Updates, and Insights

Unlocking Lower Interest Rates: Exploring 3-2-1 and 2-1 Buy Downs in a High-Rate Environment
Brady Stout Brady Stout

Unlocking Lower Interest Rates: Exploring 3-2-1 and 2-1 Buy Downs in a High-Rate Environment

As the Colorado real estate continues to navigate high mortgage interest rates, buyers are seeking creative solutions to make their dream homes more affordable. One such strategy gaining traction is the use of interest rate buy downs, particularly the 3-2-1 and 2-1 buy down options. These financial tools can be game-changers, providing buyers with lower initial interest rates and significant savings in the early years of their mortgage.

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Summit County Real Estate Market: A Comparison of April 2024 vs. April 2023
Brady Stout Brady Stout

Summit County Real Estate Market: A Comparison of April 2024 vs. April 2023

April 2024 saw an increase in residential sales, up by 7% with a total of 346 transactions. This compares favorably to April 2023, emphasizing strong demand in the local market. Further buoying the market's dynamics is a significant 51% increase in inventory, offering buyers a wide selection of properties compared to last Spring’s very tight market. This growth translates to 410 available listings, compared to fewer in the previous year.

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Summit County Real Estate Recap:  First Quarter 2024
Brady Stout Brady Stout

Summit County Real Estate Recap: First Quarter 2024

Welcome to our latest market update at BuyBreck.com, your premier real estate resource for Summit County, Colorado. We’re diving into the first quarter of 2024 to see how our local market has fared. As a dedicated agent with RE/MAX Properties of the Summit in Breckenridge, I’m here to give you insights that could guide your next real estate decision in this vibrant area.

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An Early 2024 Market Uptick in Summit County
Brady Stout Brady Stout

An Early 2024 Market Uptick in Summit County

As we step towards Spring, Summit County's real estate landscape has already painted an optimistic picture, and it's my pleasure to bring you the latest updates and trends from January and February 2024, as compared to the same period last year. Whether you're considering selling your mountain abode or eyeing your next ski retreat, these statistics from BuyBreck.com will guide you through the current market pulse.

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Keystone's Incorporation: What It Means for Short-Term Rental Rules
Brady Stout Brady Stout

Keystone's Incorporation: What It Means for Short-Term Rental Rules

As a trusted resource for homeowners and potential buyers in Summit County, Colorado, we're here to keep you informed about the latest developments that affect your property investments (current or future), especially when it comes to short-term rentals. A significant recent change has occurred in our beloved Keystone. On February 8, 2024, Keystone marked a historic milestone by electing its first mayor and officially incorporating as the newest town in Colorado. This transition from an unincorporated area to a town has prompted questions about the implications for short-term rental (STR) regulations within Keystone, especially given its previous designation as an unincorporated Summit County “resort zone” with no cap on STR licenses or reservation limits.

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Summit County Real Estate: A Steady Ascent with a Strong Start to 2024
Brady Stout Brady Stout

Summit County Real Estate: A Steady Ascent with a Strong Start to 2024

Welcome to the latest market update for Summit County's real estate landscape. I'm Brady Stout, your local realtor and guide to all things property-related in our beautiful corner of Colorado. As we delve into the numbers, it's clear that Summit County has been on a consistent upward trajectory over the last two decades. This steady growth speaks volumes about the enduring appeal of our region – a place where the mountains meet modern living.

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Summit County Real Estate: A Look Back at 2023
Brady Stout Brady Stout

Summit County Real Estate: A Look Back at 2023

As we say goodbye to 2023, let's take a stroll through Summit County's real estate market, a landscape as varied and exciting as our beautiful Colorado seasons. Last year was a journey of subtle shifts and promising growth, painting a picture of a resilient and dynamic market. Here’s our story from the mountain tops of Breckenridge to the bustling streets of Frisco!

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Cutting Your Own Christmas Tree in White River National Forest: A Family Tradition
Brady Stout Brady Stout

Cutting Your Own Christmas Tree in White River National Forest: A Family Tradition

This year, my wife Anna and I embarked on a heartwarming family tradition – cutting our own Christmas tree in the breathtaking White River National Forest near Breckenridge. Accompanied by our energetic 10-month-old German Shepherd puppy, Gibbs, we set out on a serene morning after a fresh snowfall. The experience was not just about getting a tree, but about creating lasting memories, surrounded by the tranquility and natural beauty of the forest.

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New Breck Listing: River Mountain Lodge #E224
Brady Stout Brady Stout

New Breck Listing: River Mountain Lodge #E224

Nestled in the heart of Breckenridge, River Mountain Lodge presents a remarkable one-bedroom condo that epitomizes mountain living with a twist of urban excitement. As you step into this generously sized condo, you are greeted by a harmonious blend of comfort and style. The welcoming living space, centered around a cozy fireplace, becomes a perfect setting for relaxation after a day on the slopes or a vibrant evening on the town.

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Summit County Real Estate Market Update: Staying Strong Despite National Trends
Brady Stout Brady Stout

Summit County Real Estate Market Update: Staying Strong Despite National Trends

As we navigate through the last quarter of 2023, Summit County's real estate market has shown remarkable resilience in the face of shifting national trends. This mountainous haven, renowned for its picturesque landscapes and vibrant communities, continues to be a sought-after destination for homebuyers and investors alike.

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