Snow means that we will have more terrain open at the ski areas. It means that more people will come up here for ski trips and they will be renting condos. It means that people may decide that they don't really want to fight the snowy roads and the traffic on Sunday night as they head home, and
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11/30/2008
Traditionally, in second home markets, it has been much easier to get financing than in primary home markets. About a third of our transactions were cash, which of course, is the easiest of all! Today, financing has become an issue when condos and townhomes are being purchased. Many people buy
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11/18/2008
The IRS recently issued a ruling that will force second home owners to rent their properties if they want to sell and do a 1031 tax deferred exchange into another property. With two years of rentals and only 14 days or less of owner use per year, they will be able to do the exchange and defer ta
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03/01/2008
Is there such a thing as affordable real estate in Summit County? One of the areas that is seen as a good value is Wildernest. It is near Silverthorne, but not actually in the Town of Silverthorne. Wildernest is a large subdivision that sits at the base of Buffalo Mountain. (A great hike, by
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02/10/2008
I am the representative from my Summit Association of Realtors to the Rocky Mountain Resort Alliance. We meet three times a year and compare notes on our markets, trends and activity levels. RMRA is composed of Boards of Realtors in resort areas in the Rocky Mountains, from Whistler to Park Ci
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01/22/2008
Joan Snodgrass meme'd me. I thought I had got by without anyone doing it, but she finally caught up with me. Many of you know from my posts that I was born in New Zealand, so that makes me a Kiwi. My family moved to the US when I was 12 and I am now a naturalized American citizen. We try to go
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01/18/2008
Many Summit County homes have nearby fire hydrants that have been buried under piles of snow. Our recent plentiful snows have been a boon for skiers but make street and home maintenance difficult. The Lake Dillon Fire Department is asking that if you have a fire hydrant near your home, you "ad
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01/09/2008
Does anyone want to share your thoughts? I am sitting here watching the debates and it seems to me (an indendent voter) that we Americans may have a Democrat in office in about a year. I have heard that perhaps the long term capital gain tax rate will go up. That will affect second home owners
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01/05/2008
The post below is a guest blog written by a friend of mine who owns a property management company. They specialize in high end properties and I have clients who use them as their property management company. The clients are very happy with their services. Of course, you will want to do as they
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01/03/2008
Is 45 Over the Hill? That is how old you need to be to join the Over the Hill Gang at Copper Mountain. If your spouse is younger, that is ok as they can still join too. Only one person in the couple has to meet the age requirements. The Over the Hill Gang, or OHG, as the refer to themselves, i
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12/27/2007