Tag Archives: Keystone

When Is Housing’s Black Friday? Some Surprising Holiday Home-Buying Trends, from Realtor.com

So today is Black Friday, but when is the “Black Friday” of the Real Estate market? sRealtor.com explore when the “Black Friday” of real estate is, and surprisingly it seems to be in the winter. Yuqing Pan writes, “So what is the true Black Friday of the housing business? Here’s a holiday shocker: Dec. 28 was actually one of the busiest days for real estate searches in the entire year, despite the fact that Dec. 24 was the single slowest.”


When Is Housing’s Black Friday? Some Surprising Holiday Home-Buying Trends

Rusanovska/iStock; prosado/iStock from Realtor.com

By: Yuqing Pan 

Thanksgiving evokes certain unshakable images: Long tables crammed with too much food. Beloved and bickering family members consuming way too much of that food. Overstuffed family members staggering away from the table to watch football. And once the crumbs and turkey bones and cranberries are cleared away, just about everyone gearing up for the biggest shopping day of the year: Black Friday.

While prowling the malls for fantastic deals has become enshrined as a traditional part of many Americans’ holiday season, it has long been considered conventional wisdom that this sales fervor doesn’t extend to shopping for a home—that there’s no deluge of would-be buyers surfing the Web for listings or slogging through the (presumed) snow to open houses.

But does the housing market really come to a screeching halt during the holidays? The realtor.com® team decided to put down its Best Buy circulars and Victoria’s Secret gift cards long enough to find out for sure. In order to measure people’s interest in shopping for a home, we used traffic data on realtor.com from throughout 2014. Not-quite-spoiler: Traffic is much lower on an actual holiday. But what about directly afterwards? And in different parts of the country?

We compared the traffic data for realtor.com on Thanksgiving Day 2014 with that of an average day in 2014’s fourth quarter, and then we identified states where house-hunting activity appeared to be most and least impacted by the holiday.

Source Realtor.com

In balmy Hawaii, the amount of people house hunting on turkey day is only 10% less than the average for that quarter. However, in New Hampshire, the number is down by almost 60%.

And overall, the Thanksgiving slowdown only lasts as long as it takes to digest that huge mass of poultry—and hit a few Black Friday sales. By Saturday, it’s pretty much business as usual.

But according to our database, the number of scheduled open houses on the upcoming Thanksgiving weekend is going to be only 6% of the number from this past weekend. So for buyers serious enough to attend a Thanksgiving open house, your effort will likely pay off—you will be dealing with equally determined sellers and facing less competition.

Moving beyond Thanksgiving, we looked at the impact of all major holidays. Take a look at the graphic: Dark red indicates higher traffic, while light yellow indicates lower traffic.

So what is the true Black Friday of the housing business? Here’s a holiday shocker: Dec. 28 was actually one of the busiest days for real estate searches in the entire year, despite the fact that Dec. 24 was the single slowest.

The reason: When we’re over the holiday hump but still on break, it’s a great time to look for our dream home. The same reason explains the surge of activity on New Year’s Day. And, perhaps buying a house is a popular New Year’s resolution?

Another surprising, best-performing day on a holiday weekend: the other side of the year, July 6. Instead of traveling, many buyers apparently use the long weekend in the height of the buying season to search for homes and go to open houses.

Overall, the spring market typically has the best combination of inventory and value—more homes go onto the market, but prices have not yet thawed. If you miss out on that sweet spot, the second-best opportunity is in fall. Sept. 1, on Labor Day weekend, was another top performer—it’s all part of a seasonal pattern that buyers and sellers can use to their advantage if they are not constrained by school schedules or job transfers.

Besides family-oriented holidays, there’s one more holiday that significantly slows down home-searching activity. Nope, not Mother’s Day, not Father’s Day, but … Valentine’s Day. Think about it: Your significant other wants to take you out for a romantic dinner. Are you gonna say no because you want to stay at home to browse photos of fixer-uppers?

Yuqing Pan


Any time of year is a great time to find your High Country get-away!

Mountain Events: November 27th-29th

Friday, November 27th 2015

Snowmobiling Tour: 8:00a, 10a, 12:30p, 2:30p First-time to advanced – Dillon.

Adult Drop-In Hockey: 8:30a Stephen C. West Ice Arena – Breckenridge.

Snowcat Santa & Fireworks: 6:30p Snowcat Parade, 7p Tree Lighting & Santa Visit, 8p Fireworks – Copper Mountain.

Family Gym Time: 10a Breckenridge Recreation center – Breckenridge.

Warren Miller’s Chasing Shadows: 3p &8p Vilar Performing Arts Center – Beaver Creek. (And more info.)

The Swing Crew: 3p The Last Lift Bar, live music – Keystone Resort.

A Christmas Story: 4p Riverwalk Center, Backstage Theatre – Breckenridge.

Late Night, Date Night, Create Night!: 7p ReadyPaintFire! – Breckenridge.

Sherlock Holmes: The Final Adventure: 7:30p Lake Dillon Theatre Company – Dillon.

Soulful, Sexy Blues and Rock of Rachel & the Ruckus: 9:30p Snake River Saloon – Keystone.

Saturday, November 28th 2015

Stick & Puck Sessions: 10a Stephen C. West Ice Arena – Breckenridge.

Art of the Valley Gallery Opening for Thanksgiving Weekend: 10:30a Chapel Square – Avon.

Go Pro Yam Jam: 11a Center Village – Copper Mountain.

Silversmithing with Martha Peterson Glomb: 12p Hot Shop – Breckenridge.

Meet the Critters: 1p Petco – Dillon.

The Swing Crew: 3p The Last Lift Bar – Keystone Resort.

Warren Miller’s Chasing Shadows: 5p & 8p Vilar Performing Arts Center – Vail.

Under A Blood Red Sky – The U2 Tribute: 7:30p Riverwalk Center – Breckenridge.

Soulful, Sexy Blues/Rock of Rachel & the Ruckus: 9:30p Snake River Saloon – Keystone.

Sunday, November 29th 2015

Free Puppy Playtime 0-6months: 10a Petco – Dillon.

Public Skate Session: 1:15p Stephen C. West Ice Arena – Breckenridge.

Sherlock Holmes: The Final Adventure: 6:30p Lake Dillon Theatre Company – Dillon.

Vail Valley Band: 7p Route 6 Café – Vail.

Mountain Events: Thanksgiving Week 2015

Friday, November 20th 2015

Vail Mountain Opening Day!

Adult Drop-In Hockey: 8:30am Stephen C. West Ice Arena, Breckenridge. Click Here for more information.

Free Co-working to Celebrate Global Entrepreneurship Week: 9:00am Elevate CoSpace. Click Here for more information.

Adult Co-Ed Drop-In Volleyball: 6:00pm Red Sandstone Elementary School Gym, Vail. Click Here for more information.

Sherlock Holmes: The Final Adventure: 7:30pm Lake Dillon Theatre Company, Dillon. Click Here for more information.

Country Western Dance: 8pm Silverthorne Pavilion. Click Here for more information.

American Babies: 9:00pm Barkley Ballroom, Frisco. Click Here for more information.

Cold River City: 9:30pm Snake River Salon, Keystone. Click Here for more information.

 

Saturday, November 21st 2015

Adult Drop-In Tennis Clinic: 10:30am Keystone Tennis Center. Click Here for more information.

Met Opera Live in HD: Lulu, Berg: 10:30am Colorado Mountain College, Breckenridge. Click Here for more information.

First Tracks, U.S. Ski Team Naming: 1:00pm Copper Mountain. Click Here for more information.

Meet The Critters: 1:00pm Petco, Dillon. Click Here for more information.

Cold River City: 9:30pm Snake River Saloon, Keystone. Click Here for more information.

 

Sunday, November 22nd 2015

Free Puppy Playtime 0-6months: 11:00am Petco, Dillon. Click here for more information.

Public Skate Session: 1:15pm Stephen C. West Ice Arena, Breckenridge. Click Here for more information.

A Christmas Story: 6:00pm Backstage Theatre, Breckenridge. Click Here for more information.

Sherlok Holmes: The Final Adventure: 6:30pm Lake Dillon Theatre Company, Dillon. Click Here for more information.

Vail Valley Band: 7:00pm Route 6 Café, Vail. Click Here for more information.


 

Happy Thanksgiving!

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  • Keystone Thanksgiving. Click Here for more information.
  • Kidtopia opening at Keystone, November 27th
  • Turkey Day 5k: Town of Frisco. Click Here for more information.
  • Frisco Adventure Park Opening, November 26th
  • Midnight Madness at the Outlets at Silverthorne: November 26th 8pm-12am, November 27th 8am-8pm

Opening Soon:

Vail: November 20th

Beaver Creek: November 25th


 

 Summit County Spas:

Some of my favorite spas for either a quick treatment or a full day retreat.

Refresh Spa: Grand Timber Lodge, Breckenridge. (970) 547-3624

Sooth Spa: Grand Lodge on Peak 7. (970) 547-8701

Bodyworks Spa & Massage: Frisco, CO. (970) 668-5859

Corpus Sanus Spa: Dillon, CO. (970) 513-6550

Elan-Life Spa: Silverthorne, CO. (970) 368-6680

Don’t Wait – Beat the Crowds and Buy This Winter, Realtor.com

Did you know it is cheaper to own than to rent in more than three-quarters of the counties in the United States? Realtor.com’s Jonathan Smoke explains why now is the time to buy if you can, and how in doing so you can not only get the best deal, but also save money in the long run.


 

Don’t Wait – Beat the Crowds and Buy this Winter

From Realtor.com
Snow globe: rakchai/iStock; sign: jdillontoole/iStock

Now that the U.S. has regained its job-creation mojo, as the October employment report showed, the demand for housing is only going to grow.

After all, when people have jobs they can break off and form new households—ditching the roommates behind or finally moving out of Mom and Dad’s basement—and that’s what fundamentally drives home purchases.

Most of the households created over the past two years have been renting households, but based on U.S. Census data for the third quarter of this year, it appears that homeownership has started to recover.

This especially makes sense now that it is cheaper to own than rent in more than three-quarters of the counties in the U.S. And it’s not getting better— rents are rising year over year at twice the pace of listing prices. Meanwhile, mortgage rates remain at near record lows but appear poised to increase over the next year. And home prices are rising, too.

So if you qualify for a mortgage and have the funds for a down payment and closing costs—and if you intend to live in a home long enough to cover the transaction costs of buying and selling—you will be better off financially if you buy as soon as you can. After all, if you are tired of your current home now, you won’t feel better about it in six months.

The top factors driving home shoppers this summer were pent-up demand and recognition of favorable mortgage rates and home prices. These drivers will likely remain well into next year.

Yet demand for housing is extremely seasonal. In most markets in the country, we are conditioned to believe that we should buy homes in the spring and summer. So come each October, plans to purchase shift to the spring. While the school calendar and weather do influence the ideal time to move, many buyers would benefit from buying this fall and winter rather than waiting until next spring.

In October, the percentage of would-be buyers on realtor.com® saying that they intend to buy in seven to 12 months was the highest it has been all year and represented the largest time frame for purchase. Likewise, October produced the lowest percentage of would-be buyers saying they intend to buy in the next three months.

In other words, people’s stated plans point to a very strong spring for home sales. Great, right? But here’s the problem: Inventory isn’t likely to be higher in March and April than it is now. And while inventory should grow in late spring and into summer, it won’t grow as fast as the seasonal demand.

So, if you are ready, consider getting in the market now instead of early spring. You will have more choices and less competition, and you can lock in today’s rates rather than risk rates being 25 to 50 basis points higher. (A basis point is 0.01 percentage point.)

A 50 basis-point increase in rates (for example, from 4.05% to 4.55%) would cause monthly payments to be 6% higher. And that increase would not only affect your monthly cash flow but could also affect your ability to qualify.

So if you are considering buying a home this spring, it’s worth exploring the inventory now and reaching out to a local Realtor®. A new home could be the best gift you give yourself and your family this holiday season.

Jonathan Smoke

For Original article click Here.


 

photo cred: EP

CAIC Benefit Bash 2015

The CAIC Benefit Bash 2015

Tonight is one of my favorite events of the year – the CAIC Annual Fundraiser.  CAIC stands for the Colorado Avalanche Information Center.

Alpine Touring has become increasingly popular in the mountains in the last few years.  It is a great way to get out and enjoy the snow without the crowds at the ski resort.  It also allows you to access terrain that might otherwise be out of reach.  Danny and I have been getting into the sport slowly but surely as we love to bring our dog, Playa, with us whenever we can.  However, we are fully aware that there are inherent risks with skiing in the back country.  CAIC has been a hugely important resource for us in understanding the avalanche danger.  Not only do they put out daily avalanche danger reports which are vital to reading the terrain, but also they are a great resource in learning about avalanche safety. No backcountry excursion should be without CAIC’s forecast, Beacon, Probe, and Shovel.

The fundraiser this evening helps to provide funds for continuing the great work that they are already doing.  The fundraiser begins at 5pm tonight at Breckenridge’s Riverwalk center.  There will be dinner, drinks, silent auctions and tons of give aways. Buy your tickets now at www.avalanche.state.co.us/caic-benefit-bash/ as it always sells out.  I hope to see you there! (And if it is sold out please still consider giving CAIC your support because again without them the Backcountry would be even harder to access).

More Avalanche Awareness Information

Colorado’s avalanche terrain is inherently more unstable because it is a continental snowpack:

Continental avalanche climate:
(From MetEd)

  • Relatively shallow snowpack with settled mid-winter snow depths less than 5 feet (1.5 m)
  • Less frequent storms with lower-density snow than the maritime climate
  • Long periods of drought with very cold temperatures during winter
  • Temperatures variable throughout winter, leading to more varied layers within the snowpack
  • Both direct action avalanches and delayed-action avalanches are common and often involve layers deep within the snowpack; the pack can remain unstable and avalanches may be triggered even weeks after last significant storm

It is very important to have a basic knowledge of the snowpack before you enter the backcountry in Colorado because of this. The Rockies offer an endless playground of activities including snowshoeing, snowmobiling, and skinning,  just to name a few, and with the right knowledge and acceptance of the risks involved the backcountry can be an amazing experience for everyone.

MetEd Avalanche Information

There are a ton of educational opportunities in the State of Colorado. I highly recommend an AIARE Avy Level 1 course. This level teaches you have to read the terrain, understand the avalanche forecasts, use and test your beacon, probe, and shovel, and gets you familiar with the mindset needed to make informed in the moment decisions.

CAIC is a great resource for finding the right course for you. Here is a Calendar of their education opportunities. These classes are not only informative, but also very fun!

There’s so much more out there than resort skiing, and Summit County has endless opportunities for backcountry exploration. Get out there, have fun, and most importantly be safe!

Anne Skinner

Mountain Events: November 14th-15th

Saturday, November 14th 2015

Shopping Extravaganza: 9:00am Outlets at Silverthorne. Click Here for more information.

Bounce and Tumble: 9:30am Silverthorne Recreation Center. Click Here for more information.

Creative Writing Club: 10:30am South Branch Summit County Library. Click Here for more information.

Girls on the Run: 11:00am Summit County Middle School, Frisco. Click Here for more information.

“Blizzard of Aahhh’s!” Screening: 5:00pm & 8:00pm Warren Station Center of the Arts, Keystone. Click Here for more information.

8th Annual CAIC Benefit: 5:00pm Riverwalk Center, Breckenridge. Click Here for more information.

 

Sunday, November 15th 2015

Glass Fusing: 12:00pm Ready Paint Fire, Breckenridge. Click Here for more information.

Public Skate Session: 1:15pm Stephen C. West Ice Arena. Click Here for more information.

Nordic Ski Swap: All Day Breckenridge Nordic Center. Click Here for more information.

Summit Ski Exhibit: All Day Summit Ski Museum, Breckenridge. Click Here for more information.


 

Winter is Finally Here

Mountains Open
Arapahoe Basin
Breckenridge
Copper Mountain
Keystone
Loveland Ski Area

Opening Soon
Vail: November 20th
Beaver Creek: November 25th


 

Summit County Spas

Some of my favorite spas for either a quick treatment or a full day retreat.

Refresh Spa: Grand Timber Lodge, Breckenridge. (970) 547-3624
Sooth Spa: Grand Lodge on Peak 7. (970) 547-8701
Bodyworks Spa & Massage: Frisco, CO. (970) 668-5859
Corpus Sanus Spa: Dillon, CO. (970) 513-6550
Elan-Life Spa: Silverthorne, CO. (970) 368-6680

Mountain Events: November 6th-8th, 2015

Friday, November 6th 2015

Keystone Resort: OPENING DAY! 9am Lift start turning. Click Here for more information.

Adult Drop-In Hockey: 8:30am Stephen C. West Ice Arena, Breckenridge. Click Here for more information.

Pray for Powder Party: 4:00pm Dillon Dam Brewery, Dillon. Click Here for more information.

Climbing Club: 4:30pm Breckenridge Recreation Center. Ages 6-11. Click Here for more information.

Public Skate Session: 7:30pm Stephen C. West Ice Arena. Click Here for more information.

Grant Farm: 9:30pm Snake River Saloon, Keystone. Click Here for more information.

Beak Nasty: 9:00pm Barkley Ballroom, Frisco. Click Here for more information.

Saturday, November 7th 2015

Weekend Yoga: 9:30am Boy Essential Pilates, Dillon. Click Here for more information.

Adult Drop-In Tennis Clinic: 10:30am Keystone Tennis Center. Click Here for more information.

Woodward Copper Barn Bash: 2:00pm Woodward, Copper Mountain. Click Here for more information.

Get Stoked Winter Film Series – Take One: 5:30pm Warren Station Center for the Arts, Keystone. Click Here for more information.

La Catrina String Quartet: 7:30pm CMC Breckenridge. Click Here for more information.

Grant Farm: 9:30pm Snake River Saloon, Keystone. Click Here for more information.

Sunday, November 8th 2015

Candy Give Back Program: All Day Stork & Bear, Frisco. Click Here for more information

Mother Daughter Tea Party: 1:00pm Larkspur Restaurant, Vail. Click Here for more information.

Public Skate Session: 1:15pm Stephen C. West Ice Arena. Click Here for more information.

Vail Valley Band: 7:00pm Route 6 Café Vail. Click Here for more information.

Face Vocal Band: 7:30pm Vilar Performing Arts Center, Beaver Creek. Click Here for more information.


Mountain Updates:

 

IMG_6088
Loveland Opening Day
Mountains Open:
  • Arapahoe Basin
  • Loveland Ski Area
Opening this Weekend:
  • Keystone Ski Resort
Opening Soon:
  • Copper Mountain: November 13th
  • Breckenridge Ski Resort: November 13th
  • Vail: November 20th
  • Beaver Creek: November 25th  

 New Restaurant:

Tavern West:

“Tavern West features new American dishes crafted from all-natural meats and seafood, sourced locally whenever possible. With a wood-burning grill, a smoker and a rotisserie in his arsenal of culinary tools, Chef Ryan Worthen creates layers of flavor reminiscent of family favorites, but not easily found at home.”

What’s Going on in the Mountains: October 30th-November 1st

Friday, October 30th 2015

Adult Drop-In Hockey: 8:30am Stephen C. West Ice Arena, Breckenridge. Click Here for more information.

Barney Ford House Museum: 11:00am Barney Ford Victorian Home. Click Here for more information.

Bucks vs. Colorado Rampage: 7:50pm Stephen C. West Ice Arena. Click Here for more information.

Frisco’s Haunted House: 6pm Frisco Welcome Center. Click Here for more information.

Saturday, October 31st  2015

Yoga: 8:00am Epic Mountain Gear Frisco. Click Here for more information.

Adult Drop-In Tennis Clinic: 10:30am Keystone Tennis Center. Click Here for more information.

Ghostly Tales: 7:00pm Dredge Restaurant Breckenridge. Click Here for more information.

Bucks vs. Colorado Rampage: 7:50pm Stephen C. West Ice Arena. Click Here for more information.

Tony Black Summit, Jessica Jones: 9:30am Snake River Saloon. Click Here for more information.

Frisco’s Haunted House: 6pm Frisco Welcome Center. Click Here for more information.

Trick-or-Treat on Main Street: 6pm Frisco Main Street. Click Here for more information.

Sunday, November 1st 2015

Minturn Monster Dash 3m, Tombstone 10m, Candy Corn Kids: 10am The Minturn Saloon. Click Here for more information.

Public Skate Session: 1:15pm Stephen C. West Ice Arena. Click Here for more information.

Renewable Energy Workshop. 1pm Beaver Ponds Enviornmental Education. Click Here for more information.

Vail Valley Band: 7:00pm Route 6 Café Vail. Click Here for more information.


 

Some off-season Restaurant deals: 

*The end of the off-season is near, be sure to ask about these deals when dining out: 

 

Blue River Bistro: ½ off bottle of wines

Quandry Grille: Two for One Entrees with purchase of appetizer and beverage

Dillon Dam Brewery: 30% Off Pub Dinners 5-10pm

Nozawa: 50% off Select Sushi Rolls & Kitchen Entrees

Silverheels: 2 for 1 Dinner Entrees

Kemosabe Sushi Bar: 25% off Total Bill 6-10pm

Hearthstone Restaurant: 2 for 1 Entrees Monday-Wednesday

Blue Spruce Inn: Every Dinner Entrée 1/3 Price

Mi Casa: 2 for 1 Dinner Entrees (dining passport required) Sun-Wed

Keystone Ranch: 3 for $33 October 8th-10th


 

New Restaurant:

Tavern West:

“Tavern West features new American dishes crafted from all-natural meats and seafood, sourced locally whenever possible. With a wood-burning grill, a smoker and a rotisserie in his arsenal of culinary tools, Chef Ryan Worthen creates layers of flavor reminiscent of family favorites, but not easily found at home.”

Anne Skinner, Best Summit County Realtor, Dillon, Frisco, Breckenridge, Vail, Summit County, Events, Calendar, Real Estate, CO Mountain Real Estate, Silverthorne, Keystone, Copper Mountain,

What’s Going on in the Mountains: October 23rd – 25th

Friday, October 23rd 2015

Adult Drop-In Hockey: 8:30am Stephen C. West Ice Arena, Breckenridge. Click Here for more information.

Barney Ford House Museum: 11:00am Barney Ford Victorian Home. Click Here for more information.

Breckenridge Craft Spirits Festival: Still on the Hill. Riverwalk Center, Breckenridge. Click Here for more information.

VVMC Community Blood Drive: 10:30am Vail Town Council Center. Click Here for more information.

32nd Annual Wine in the Pines: 6:00pm Keystone Conference Center. Click Here for more information.

Saturday, October 24th 2015

Yoga: 8:00am Epic Mountain Gear Frisco. Click Here for more information.

Adult Drop-In Tennis Clinic: 10:30am Keystone Tennis Center. Click Here for more information.

Ghostly Tales: 7:00pm Dredge Restaurant Breckenridge. Click Here for more information.

Summit Ski Exhibit: All Day Summit Ski Museum, Breckenridge. Click Here for more information.

The Love Electric: 9:30am Snake River Saloon. Click Here for more information.

Brian Parton: 9:30pm Brush Creek Saloon. Click Here for more information.

32nd Annual Wine in the Pines: 6:00pm Keystone Conference Center. Click Here for more information.

Sunday, October 25th 2015

Minturn Monster Dash 3m, Tombstone 10m, Candy Corn Kids: 10am The Minturn Saloon. Click Here for more information.

Breckenridge Craft Spirits Festival: Still on the Hill. Riverwalk Center, Breckenridge. Click Here for more information.

Renewable Energy Workshop. 1pm Beaver Ponds Enviornmental Education. Click Here for more information.

Nagata Shachu: 7:30pm Vilar Performing Arts Center. Click Here for more information.

Vail Valley Band: 7:00pm Route 6 Café Vail. Click Here for more information.


 

Some off-season Restaurant deals:

Blue River Bistro: ½ off bottle of wines

Quandry Grille: Two for One Entrees with purchase of appetizer and beverage

Dillon Dam Brewery: 30% Off Pub Dinners 5-10pm

Nozawa: 50% off Select Sushi Rolls & Kitchen Entrees

Silverheels: 2 for 1 Dinner Entrees

Kemosabe Sushi Bar: 25% off Total Bill 6-10pm

Hearthstone Restaurant: 2 for 1 Entrees Monday-Wednesday

Blue Spruce Inn: Every Dinner Entrée 1/3 Price

Mi Casa: 2 for 1 Dinner Entrees (dining passport required) Sun-Wed

Keystone Ranch: 3 for $33 October 8th-10th


 

New Restaurant:

Tavern West:

“Tavern West features new American dishes crafted from all-natural meats and seafood, sourced locally whenever possible. With a wood-burning grill, a smoker and a rotisserie in his arsenal of culinary tools, Chef Ryan Worthen creates layers of flavor reminiscent of family favorites, but not easily found at home.”

Anne Skinner, Best Summit County Realtor, Dillon, Frisco, Breckenridge, Vail, Summit County, Events, Calendar, Real Estate, CO Mountain Real Estate, Silverthorne, Keystone, Copper Mountain,

Winter is Coming

Summit County’s Annual COO Breakfast


Tuesday, October 6th was the annual Chamber of Commerce breakfast with the Chief Operating Officers from Arapahoe Basin, Breckenridge, Copper Mountain, Keystone and Loveland.  The breakfast sold out in record time and proceeds went towards scholarships for local students.  The talks began with a review of some statistic for the area and the ski industry as a whole.  Overall we have seen a lot of growth in the last few years and now its just a matter of balancing the peaks and valleys in travel.

Consumer confidence was also a hot topic and with the volatility in the markets over the last few weeks. Confidence has started to flat line instead of grow.  One of the neatest statistics was that the true epicenter of ski country, from a statistically perspective, is 4 miles north of frisco

From there each COO went into a discussion on the state of their resort, new offerings, and many other topics.  A Basin highlighted its evolving plan for its base area including a concert stage and a new sit down bar and grill.  Breckenridge discussed the parking situation and the upcoming ballot issue of adding a tax to day ticket purchases to help fund new infrastructure to resolve the issue.  Copper Mountain discussed its green initiatives as well as the improved features on its Sherpa app, which is designed to rival the Vail resorts Epic Mix app.  Keystone followed that with a discussion on how the Epic Mix will now have wait times for each of the lifts as well as how Keystone if positioning itself to be one of the most family friendly resorts in the area.  Loveland talked about their new lift and how it will provide access to areas that were previously difficult to reach.
Overall, the feeling was positive for the upcoming season.  The only controversial issue was work force housing which has become a hot topic in the last few months.  With low wages and limited supply of housing, many locals are struggling to find accommodations for this upcoming season.  It needs to become a collaborative effort between the towns and the employers to resolve this issue.
The issue that has been on everyone’s mind, El Nino, was barely touched on. While historically El Nino years have brought a lot of snow, there is no way to predict exactly what will happen this year so we will all keep our fingers crossed and pray for snow. (Do your snow dances!)
For your enjoyment, a little Chris Farley as El Nino:
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Anne Skinner
Mountain Real Estate
Keller Williams Top of the Rockies