June 2010

Found 4 blog entries for June 2010.

Edgemont, one of the newest luxury developments in Steamboat Springs, is offering a summer discount.  Located at the base of the ski mountain, Edgemont combines unprecedented access to the mountain while not compromising on luxurious accommodations. Located only a few hundred yards above the gondola, you have the opportunity to get in a few early turns to warm up at the beginning of the day.

With units that have views of the Ski Slopes, the Yampa Valley and some that have views in both directions, Edgemont is a great investment as well as a place to call home.

Edgemont is offering 30% incentive to the first three contracts.  With this discount it brings the price range down to between just over 500k to $3.2 for a 5 bedroom unit.  These units are

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   Last week I went to a forum and one of the speakers was Andy Daly. Andy is a former CEO of Vail Resorts where he was instrumental in taking Vail public and building it into the great resort it is today, CEO of Copper Mountain and long time director of the National Ski Areas Association / Colorado Ski Country USA.  Needless to say Andy knows a little about ski resorts and the mountain towns that surround them.   It was interesting to hear his perspective on Steamboat given his background and how much of his life he dedicated to making Vail the best it could be. The points are his but I added some color to each.

1 - The Steamboat Ski Area is a World-Class Resort. Steamboat is in the Top 10 Resorts list by Ski Magazine every year.

2 - The town of

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   The Denver Post released an article last week describing the recent and steady upswing in mountain real estate over the first quarter of 2010. ‘The improving first-quarter sales have given many mountain real estate professionals a reason to be optimistic…Routt County statistics reveal a similar trend (to Eagle County), with the number of transactions during the first quarter rising almost 113 percent, to 312, compared with 277 a year ago. Dollar volume in the county, which includes the resort community of Steamboat Springs, was up more than 225 percent to $125.7 million in the first three months, compared with $55.7 million a year ago.
  When combined with a look at month over month statistics, Steamboat has seen an increase in home sales vs the…
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    Challenges clearly remain but the Wall Street Journal is seeing some strong signs of recovery in the luxury home market.  Among those challenges we often find opportunity.  In Steamboat we have seen a strong uptick in the sale of properties over $1m with large numbers of sales in the $1-$5m range. According to Land Title YTD sales volumes are up 215% through the end of April compared to 2009 numbers.   We are seeing people take this chance to pick up some of the best properties at good to great prices.  Some want a place to bring thier family and friends together, others are location neutral and think why not live in Steamboat and many are planning for retirement down the road.  Nearly all see a turn coming and want to buy at the bottom of this

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