Summer is here and the fun never stops. |
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Welcome
to my monthly newsletter, usually published by the first business
day of each month, featuring Breckenridge, Colorado News and
Events plus other Rocky Mountain News. Here you will find
information about our Summit County schools, government, skiing
and summer activities. There is information on ski homes,
golf homes, lake front properties and mountain homes from resort
to remote. You will also find out about real estate news trends
and tips. Mostly you will find good news about this fantastic
community and you will learn that it's not just the scenery
that makes it a great lifestyle, it's the people. |
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Fourth
of July parades bring out the best in everyone.
**We have fireworks and free concerts
too.**
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Swimming is one
of my favorite summer activities. I prefer a heated
pool though. Check out:
Best
of The Rockies.com for other great places to swim.
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Golf
is a fan favorite, you should see how far the ball travels
at this altitude!
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The Riverwalk center in Breckenridge
is home to two symphonies and lots of other great entertainment.
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One
of our favorite events, if you are looking for
a challenge go to WildWestMSWalkabout.org
and register to walk, crew or cheer on those
who will walk 50 miles in 3 days. |
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Breckenridge,
GENUINE ROCKY MOUNTAIN NEWS |
| Huge
Announcement!!!! Breckenridge Ski Resort will soon begin
working on a master plan to bring skiing to Peak 6!
The ski area and the Nordic Center recently worked out
a deal to adjust boundaries to make the access to Peak
6 possible. The ski area took about 300 acres from the
Nordic Center that was not suitable for cross-country
skiing. Peak 6 is within the ski area’s permit area
but specific lifts and trails will have to be planned
and approved as well as undergo a public comment period.
Contained in the deal is an agreement that The Nordic
Center will be allowed free gondola rides for its patrons.
The two entities are also looking at closer marketing
ties.
Whattodo
in Breckenridge in the summer? Wow, check out
my schedule of events and you will find the fun just
never ends here. Also check out the Breckenridge Recreation
Center for programs for all ages. Little ones have the
Tiny Adventurers’ Summer Club, Teens have the Adventure
Programs and oldsters have Cycling for Boomers and “Over
the Hill Water Fitness”. These are just a few of the
offerings. There are also two pools, tennis courts and
a fantastic skate park. Finally don’t forget the Breckenridge
Golf Club with 27 holes of championship golf and one
of the prettiest decks on earth for a great outdoor
luncheon. If you need more answers the Breckenridge
Welcome Center on Main St. at Washington Park can take
care of everything.
If
you like to work outdoors and believe our backcountry
is a vital part of the Breckenridge experience then
you may be interested in the French Gulch Project. In
cooperation with The Friends of Breckenridge Trails
and Volunteers for Outdoor Colorado, the project hopes
to gather 200 volunteers for a weekend of massive improvements
to trails in the area. What a great way to spend a family
weekend! It happens July 29 and 30, call 970-547-3155
to sign up.
The
Arts District on the NE corner of S. Ridge and E. Washington
continues to grow with the relocation of the historic
Quandary Antiques building and restoration of the Fuqua
Livery Stable. The goal is to create a home for resident
artists occupying studios and presenting workshops.
Don’t miss the Arts District Celebration July 2 nd .
The
new town council is responding to the pulse of the locals.
The two biggest issues on the minds of the voters are
childcare and affordable housing. The council is looking
into the possibility of building its own childcare facility
or building and partnering with an operator. The affordable
housing issue will be studied as a top priority to see
where the focus should be. Also on the minds of the
council are encouraging builders to go green and continuing
to purchase open space before land costs get completely
out of hand.
The
Breckenridge Sanitation District won an EPA environmental
achievement award for its “remarkable commitment to
protecting the Blue River Basin”. The award is just
the latest in a long legacy of protecting water quality.
The BSD has won five national and five regional Clean
Water Act awards for its operation and management.
More
good info can be found at:
http://www.BestoftheRockies.com |
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WHY
I LIVE HERE… |
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Last
month more than 200 walkers participated in the local
Multiple Sclerosis fundraiser. They journeyed from the
Dillon Marina to Summit Cove on a beautiful spring day.
The Summit group usually raises about $25,000, most
of which goes towards assisting those afflicted with
MS. This was just one of 12 walks held throughout Colorado
raising over $1 million total annually. Team Tatro,
in remembrance of local Bill Tatro who passed away from
complications of MS a few years ago, had 75 walkers
in their group and brought in about half the total.
My wife lost her brother to MS many years ago and has
been actively participating in walks and fundraisers
ever since. This year she is on the committee organizing
the 50 mile Wild West Walkabout to be held in Fort Collins
August 23-25 th . June 10 at MiCasa Restaurant in Breckenridge
will be her annual silent auction with lots of great
buys to be had. If you are in town please stop by from
6-9pm.
Heavy
metal contamination from mining activities is a problem
for many of our mountain streams. Trout Unlimited and
the Snake River Task Force has set an ambitious goal
of getting a healthy trout population in the Snake River
near Keystone within three years. The difficulties come
because most of the sources of pollution come from mines
that are not only remote but have been abandoned for
over a hundred years. It’s impossible to find those
responsible so the task falls on the government and
private organizations. Another hurdle involves getting
the liability waived for those trying to do the clean
up. No one wants to be sued for doing good deeds but
the risk exists. Congress is considering a “good Samaritan”
law that would protect voluntary clean up efforts. It
remains to be seen whether the water can ever be made
clean again.
Something
probably not widely known across the country but dear
to Summit County is the President’s roadless area destruction
act. Under the plan local governments petition their
state Governor for continued protection of pristine
roadless areas who in turn pass this on to Washington.
Roadless areas in Summit County cover more than 60,000
acres. The inventory process has been completed locally
and one local group, Citizens for Roadless Area Defense,
has started a program of adoption of sections of the
roadless inventory to lobby the Governor to pass these
on to the next level. By going to their website: www.wrroadless.org
you can adopt any of the 84 roadless areas in the
White River National Forest. The WRNF has 640,000 acres
of roadlessness and we would love to save it all because
once it’s gone you can’t get it back. |
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SCHOOL
NEWS… |
| School
is out but there were a bevy of awards given out as the
year ended. The Summit High School’s Career and Technical
Education Program had several top award winners. Lea Taylor
won the ProStart Student of the Year from the Colorado
Restaurant Association. Kelsey Pierce won Student of the
Year for Summit County. Doug Pierce, chef/owner of the
Arapahoe Café, won ProStart Mentor of the Year. Garrett
Hedman won first place for his video documentary on water
usage and conservation from the Colorado Conservation
Trust. The Trust also awarded an $800 gift certificate
to the high school’s video production program for equipment.
The high school is in the process of expanding its CTE
facilities with a 9400sf addition that will house medical
training, expanded culinary arts and a video production
program. Space within the high school is being remodeled
to fit construction tech, computer and business technologies
training facilities. Every
month at Summit High four students are selected as Students
with Outstanding Character. Consistently these students
display an attitude of caring for others. They are chosen
because they make a difference in the community. Two
of the students chosen in April are immigrants. Henry
Martinez, only six months here from Guatemala, has consistently
helped others by freely sharing his knowledge of computers.
Elizabeth Gomez has progressed tremendously in English
since arriving from Mexico a year ago. Elizabeth is
doing an internship at Dillon Valley Elementary and
wishes to become a teacher after college. Summit County
is a community that embraces cultural diversity.
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SNOW
NEWS?
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The
National Ski Areas Association announced they entertained
a record number of skiers last season. The preliminary
data indicates 58.8 million skiers came out, a 3.3%
increase from a year ago. The Rocky Mountain’s six states
saw a 5.8% increase and Colorado’s 25 resorts may top
12 million skier days for the first time ever. The new
records are attributed to lots of young people taking
up snow riding as well as the improvements to equipment
that have allowed baby boomers to stay with the sport
longer.
Keystone
has put together a draft environmental plan to extend
its snowcat skiing into 278 acres of Jones Gulch. The
new expansion would be some of the steepest terrain
in the resort. One concern is the presence of Canadian
Lynx. The area is considered prime habitat for the threatened
species. The environmental plan will look at the impact
of neighboring resort A-Basin’s proposed expansion into
Montezuma Bowl and how that ties in with Keystone’s
expansion.
An
option for your trip to Colorado is getting better.
The Eagle County airport is undergoing a number of upgrades
over the next few years that will make travel there
better and more convenient. A longer runway will enable
larger planes to land and new electronics will improve
arrivals in bad weather as well as increasing the efficiency
of traffic. With the increased capacity you may want
to check to see if this is a better place to fly into
for your next trip. It’s about the same distance as
Denver International but in many cases is significantly
cheaper. Additionally, if you are flying over the weekend
the traffic is way smoother on I-70 than going to Denver.
Think
snow, always! |
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*TRAVEL
TIPS…HAWAII
THROUGH THE EYES OF A SEASONED TRAVELER |
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Live
Aloha, you hear it, you see it, what does it mean? To
a mainlander we are told it’s “hello and goodbye”. To
a Hawaiian it is a deeply spiritual concept that has
been commercialized, much like “Merry Christmas” to
an Anglo-Saxon. It is a noun, adjective, verb and adverb.
It is an action. It is the spiritual center around how
the Hawaiians live their lives by being aware of your
world and living in harmony with it. When you are living
Aloha you are sharing the essence of your being, with
openness, honesty and humility. You are acting out of
love and respect for the other person accepting and
giving dignity to who they are. Aloha is the expression
of family and community with friends and strangers.
On
the subject of timeshares, it’s just another site you
see in every tourist destination nowadays. In Hawaii
it is very subdued as opposed to some other places we
have been where they literally chase you down the beach.
Whether a purchase is right for you I will not give
you advise on but going to a presentation for the freebies
can be a really good deal. If you have the time to waste
and you plan on doing a lot of activities while you
are there you can save a boatload of money. For a couple
of hours of your time you will get snorkeling trips,
luaus, helicopter rides and many other attractions at
about 25% of retail cost. On our second honeymoon we
booked our SCUBA lessons at 60% off, a luau for $25pp
and a dive boat trip for 75% off. We saved almost $1000
for a two-hour presentation. Not bad if you can get
the work.
Which
island is your favorite? The wonder of Hawaii is its
diversity. The islands each have their own personality,
while still maintaining their essence. The Big Island
of Hawaii has seven climate zones all within its hundred-mile
diameter. It climbs from sea level to over 13,000 feet.
You can find desert cactus, rainforest and alpine tundra
all in a day’s drive. You can literally step from a
jungle to fresh lava that is as barren as the moon.
Additionally it is blessed with some of the most spectacular
reefs in the world. Maui has whales and miles of sandy
beaches to watch them from. Many people say Kauai is
their favorite. It is uncrowded, lush with jungles and
flowers, and full of spectacular cliffs, canyons and
waterfalls. One caution, the ocean is treacherous here;
many people are swept off the beach or away from the
shoreline never to be seen again. Which island is the
best, I say it’s all good.
Contact
Me if you need
further tips on where to stay, eat or play. |
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INVESTMENT
OPPORTUNITIES… |
| Are
you a passive investor? Do you like to sit back and let
someone else make your financial decisions for you? Beginning
in 2001 that strategy was catastrophic for many. Hard
working Americans across the country watched as their
life’s work was wiped out when mutual funds and
401K’s came crashing down.
Right
now there is $4 TRILLION in IRAS in the US. 97% are in
Wall Street securities. ONLY 1% is in real estate, why?
My guess is that most financial planners don’t tell
you your IRA can purchase and make a profit from the ownership
of real estate. Has yours? A typical financial planner’s
“Balanced Portfolio” pie chart has a mixture
of Large-cap, Equity-cap, bonds, etc. My financial planner
has 41% real estate and 59% securities.
If
your IRA has been wallowing in the 4% doldrums why not
take a look at real estate. Even in slow markets real
property still appreciates and never goes to zero (read
Enron). In Summit County we have seen appreciation average
7-8% over the last 30 years that I have been here. Big
deal you say. Well, there is a bank that will lend your
IRA money to buy real estate at 30% down. Ask your accountant
but by my calculations that makes your appreciation 21-24%!!
Call today and let me get you started toward a secure
retirement. If you are intrigued here are some resources
for more information:
http://irachoices.com/
http://www.guidantfinancial.com/
Things
just keep getting better; Contact
Me Today! |
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MARKET
CONDITIONS & OTHER ROCKY MOUNTAIN NEWS |
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Colorado
is home to four military commands and six major space
contractors. Total Colorado employment in the private
aerospace industry grew 19% since 2000 compared with 2%
nationally. Colorado recently passed Florida as the #3
state in the industry.
But what about the real estate crash? It’s not
very likely. In the 37 years the National Association
of Realtors (NAR) has tracked median home prices, not
once was there a decline. And, over the last 37 years,
there have been numerous economic declines. The economic
fundamentals today look strong. The Federal Reserve System
is projecting 6.5% nominal GDP growth for 06. Meanwhile
the median price for a home is $209,000, up 10.6% from
a year ago.
Although forecasts call for a drop in housing starts
of 6.5% to 7% and a drop in existing home sales of 4.5%
to 5%, keep in mind that 05 was the all time record, and
with the projected, 06 would still be the third highest
all time in housing starts and resales. Why should we
believe these national housing forecasts? In the summer
of 2004, Joint Center for Housing Studies at Harvard and
the Homeownership Alliance released a study that found
the annual demand for new housing over the next ten years
is likely to be greater than the past 30 years. This was
due to a) upwards revision of the estimate on population
(especially from immigration) by US Census, b) the Baby
Boomers are now buying retirement and vacation homes in
unprecedented numbers and c) the Echo Boomers or Generation
Y will be entering the housing markets.
With the fast sellout, and now construction of, The Mountain
Thunder Lodge Townhome project this past spring and summer
Vail Resorts Development Company already decided to push
ahead with the Skyway Skiway ski run from Peak 8 back
to the skier parking lots. It opened this year, two years
ahead of schedule! Now the Peaks 7 and 8 development has
been moved to the front burner. This will be a world-class
project that will vault Breckenridge into the elite of
resorts. It will sell fast and prices will go up quickly.
Vail Resorts is so Bullish on Breckenridge that they have
also started construction of the long awaited Gondola.
Contact me now to be at the forefront as information is
released.
What’s all this got to do with Summit County real
estate? Things
just keep getting better; Contact
Me Today! |
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©The Altitude News
2006 All Rights Reserved |
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