The Altitude News is now the Altitude Investor

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ABOUT TOM
ECONOMICS
MARKET CONDITIONS
GO BIG ...
or go home. For Tom there is only one way to do things. Whether it's an outdoor adventure in the scenic Breckenridge area or.. (for more...)

-THE GOOD NEWS

     The trend seems to be a steady increase in good news concerning the real estate market in general. My source for objective data is; The Realty Times

     The last month has seen sales of existing homes increase by 7.5% over last month...

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BRECKENRIDGE BUCKS THE TREND IN LUXURY HOME SALES

An interesting event has occurred in our local real estate market. While real estate markets across America went from bad to worse from 2008 to 2009 Breckenridge saw tremendous growth in the upper end of the market. Properties in the Breckenridge area that sold for over a million dollars numbered...

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MREI EXCERPT
CASE STUDY
NEW DEVELOPMENTS

EXCERPT; NOW MORE THAN EVER
With falling home prices and record low interest rates, as well as a growing rental market, this strategy for building wealth is more valid than ever before. From page 156 of the MREI book: "If you follow the path of the Millionaire Real Estate Investor,...         (for more ...)

HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS

In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan today announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties. effects of vacant and abandoned homes.

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Watch out for Copper Mountain.

With the sale last week of Copper Mountain from Intrawest to Powdr Corporation a new direction is certain for Copper Mountain ski resort. It could not come at a better time as ski resorts are needing to reexamine the future and how they do business. The baby boomers have begun to hang up their skis and snowboards and we are only at the beginning of that trend. Snow riders between 45 and 54 make up nearly 20% of the market and that number is getting bigger. The ski industry...(for more...)
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