| 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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Plan
your winter vacation so that you can see the International
Snowsculpting Championships in January here in Breckenridge.
Check the Event Schedule for more
information.
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Everyone
has fun in the snow here.
Is she throwing that snowball or catching it?
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This
is what backcountry cross country skiing is all about! Adventure
around every corner.
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Francie's cabin is one of the best
finds when you are out in the backcountry - be aware - to use
the facilities you have to contact summithuts.org
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OCTOBER
2005
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It’s
Time to Get Ready for ***SNOW***
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| Think
Snow!
One
of the first snows of the season catches
some of the fall colors trying to hang
around. |
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Breckenridge,
GENUINE ROCKY MOUNTAIN NEWS |
| Local
snowboarder Chad Otterstrom was picked as TransWorld
Snowboarding magazine’s male rider of the year.
Chad won the Gravity Games slopeside competition
at Copper Mountain, the Rail Jam in Frisco and
led his team, Academy Snowboards, to the team
championships at the TransWorld Challenge. Chad
also won best trick and highest air at the Abominable
Snowjam at Mt. Hood in June. At 29 he is already
a senior citizen in the sport but he says his
goal is to stay injury free, he already achieved
everything else last year.
Breckenridge
resident Jill Walker will be competing this month
in the Hawaii Ironman competition. She missed
last year’s competition by one spot. That made
her more motivated and she shaved 45 minutes off
her time in the qualifier. The Kailua-Kona is
the pinnacle of the sport and involves a 2.4 mile
swim, a 112 mile bike ride and a 26.2 mile run.
Breckenridge
takes things seriously, so be forewarned. A couple
from the Front Range bought an affordable housing
unit last year which requires the signing of an
affidavit stating that you work thirty hours a week
in the county. Investigation indicates they neither
live in the home nor hold a job in the area. Civil
and criminal charges are possible. Also, a local
contractor was fined $1000 and given a deferred
jail sentence for removing and disposing of historic
material while remodeling a Victorian home in town.
This was a violation of the town’s building guidelines.
Breckenridge is considering special licensing for
contracting work on an historic structure.
More
good info can be found at:
http://www.BestoftheRockies.com. |
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to the top |
WHY
I LIVE HERE…
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| A
biennial report from the Potential Gas Committee
showed the gas potential in the Rocky Mountain
region increased 9.3% over the past two years
while other regions in the U.S. were flat or recorded
decline. The report shows that proven reserves
of natural gas and estimated long-term resources
totaled 1,308 trillion cubic feet, enough, if
all could be recovered, to supply the U.S. for
about 60 years. Ten applications from eight companies
have been received by the Colorado office of the
Bureau of Land Management for leases on 160-acre
tracts of land in Rio Blanco County to test oil-shale
extraction technology, The massive energy boom
in The Rockies is creating some new alliances.
Environmentalists, hunters, anglers and ranchers
are coming together in an attempt to bring smart
growth to the west. Hunting and fishing bring
in over $4 billion annually and could do so indefinitely,
unlike a decade or two of gas and oil production.
Wildlife watching brings in billions of dollars
more. Everyone recognizes the importance of energy
production but these groups are united when it
comes to preserving the traditions of the west.
The current energy push will change the face of
The Rocky Mountains more so than any other event
in our history and once it’s gone it’s gone forever.
The
Colorado Conservation Trust announced Monday that
the combination of cities, counties, government
agencies and nonprofit groups preserved 1.6 million
acres of Colorado in the past 25 years, about
2.4% of the state’s 66 million acres.
Stored
water supplies across Colorado continue to rise,
thanks to conservation efforts and near-average
precipitation this year, with reservoir capacity
statewide at 94% of average.
The
Vail Valley Foundation gave Bruce Eaton a $12
million check Tuesday to buy 72 acres in Edwards,
which will now be known as the Eagle River Preserve.
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to
the top |
SCHOOL
NEWS… |
| The
recently launched “Safe Home” parent pledge program
has brought an overwhelming response in the county.
Over 250 people have signed up for the pledge,
which states “I will not serve nor allow youth
to consume alcohol or use illegal drugs in my
home or on our property.” Principle Jim Hesse
of Summit High and the Summit Prevention Alliance
sent out a call and the parents answered. The
idea is that parents will have a list of safe
homes where their kids can party sober. Everyone
hopes that this will launch a sustained substance
abuse prevention alliance.
Summit
High Athletics are off to a great start this season.
The football team started 3-1 with a huge come
from behind victory over Battle Mountain 21-14.
After losing their starting quarterback the first
week of the season, Freshman Talon Roggasch has
really stepped up to help his team. The boys’
soccer team had an exciting win against league
rival Englewood 3-0 to boost their confidence.
While the girls’ volleyball team beat Alameda
3-0 and is now 7-4 and 1-1 in league. They are
hoping for a favorable seed in this year’s playoffs.
One
of Summit’s soccer players, Jake Black, is also
a professional snowboarder. He has several lucrative
sponsorships including Rossignol and through them
got a spot in this year’s Warren Miller film, “Higher
Ground”. He says soccer is great conditioning for
snowboarding. More
school information at:
Summit Schools. |
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to the top |
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SNOW
NEWS AND MORE SNOW NEWS…
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| The
freestyle contingent of Team Summit is sending
eight skiers and four coaches to Zermatt, Switzerland
for training on the glacial snow. The advantage,
besides the jump on the season, is the hard snow
is very similar to the runs they will be competing
on. Additionally, there will be Olympic teams
from around the world training there and much
can be learned while watching the best. Former
Team Breckenridge member Luke Westerman and former
Team Summiter Toby Dawson will be train with the
US Ski Team in Zermatt. The 2006 Olympics have
put a spotlight on everyone as they gear up for
the season.
Team
Summit is also adding a Telemark program to its
repertoire this season. Tory Hauser, the head
alpine ski team coach at the high school and long
time participant in Telemark national championships,
will head the program. His son Drew Hauser was
just named to the National Telemark “B” team.
Loveland
ski area began its snowmaking on September 23
rd . A-Basin began blowing snow on September 26
th . Who will be the first to open? Loveland has
been the winner the last five years. This is the
fourth season for snow making at The Basin and
they think they have got it down pat now. They
are shooting for an October 21 st opening, Loveland
hasn’t set a date yet. A-Basin’s snowmaking system
has been upgraded this year and now will cover
eleven runs served by 5 chairlifts.
Big
news all around The Summit this autumn as a list
of improvements are slated. Breckenridge is on
schedule to open the new Imperial Express lift
this season. It will be the highest lift on the
continent serving some of the most radical bowls
in the state. The US Snowboard Grand Prix will
return to kick off the season December 13-17.
The contest is a qualifier for the Olympics. Breckenridge
opens November 11 th . Keystone will open with
its second annual 36 hours of Keystone. On November
18 th Keystone will open for 36 hours straight
with the help of its lights. Last year was a huge
surprise as 15,000 people showed up at various
times for the event. Also back for an encore performance
is the Sports Illustrated for Kids Next Snow Search.
Kids 9-13 will audition for a spot on the show,
which will be aired during NBC’s Olympic coverage.
The Basin will be opening its new base area rental/repair
shop in January. They are also adding the High
Divide beginner terrain park. Copper Mountain
will be adding a new superpipe at the base area
between the Eagle and the Flyer lifts. They are
expanding the snowcat services on Tucker Mountain
to cut down on the hike time to the amazing expert
terrain. And in a long overdue move the resort
is adding a retail center to the gas station at
I-70 and Hwy 91 featuring a Quizno’s and a Starbucks.
Think
snow! |
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to the top |
TRAVEL
TIPS… COLORS COME AND COLORS GO… |
| The
newest approach to attracting tourists that came
out of the Governor’s Tourism Conference this
year was to target multiple special interests.
Rather than the old way of letting our natural
beauty bring the visitors the state we will now
diversify our marketing. Travelers will be given
options such as history, culture and cuisine as
a focus for their visits.
-For
instance if culture is your thing Colorado already
has a variety of festivals including art, music,
dance and performing arts. In the summer Breckenridge
has two symphonies and three art fairs, Vail has
its classical music and ballet festivals, Keystone
has a variety of cultural weekends, Beaver Creek
and Steamboat have rodeos.
-History
buffs will find plenty to do in Colorado. Mesa
Verde have some of the oldest standing man made
structures in the country, Leadville and Durango
have their narrow gauge trains, Breckenridge and
most other mining towns have history museums and
tours. In March Denver hosts a large Pow Wow for
the Rocky Mountain region Native American tribes.
All over the area are ghost towns and historic
forts.
-With
the increasing popularity of bird watching the
Division of Wildlife is building a birding trail
from Lamar that will follow the Arkansas River
all the way to Leadville.
-Agritourism
has traditionally been focused around the dude
ranch and cattle drive theme. Growing in popularity
now are vacations actually doing everyday ranch
chores, harvesting crops or picking and crushing
wine grapes.
-Culinary
tourism includes visits to Colorado wineries for
local cuisine or food festivals that feature the
local products. Grand River Vineyards in Palisade
has a concert series and wine classes. http://www.grandriverwines.com/grvabout.htm
.
Also
of note is the variety of hot springs found throughout
the Rocky Mountains. Tell the kids there are lots
of things to do in Colorado besides look at the
mountains.
Contact
Me
if you need further tips on where to stay, eat
or play.
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to the top |
INVESTMENT
OPPORTUNITIES… |
| Intrawest
Corp., the Canadian-based owner of Copper Mountain
Resort and operator of Winter Park, reported record
total revenues for the 2005 fiscal year ended June
30, with $1.68 billion in revenues, up from $1.55
a year earlier. Intrawest reported an 11% increase
in revenues from its western U.S. resorts, which
include Copper, Winter Park and Mammoth in California.
Statewide,
unemployment fell to 4.8% in August, down from 5.2%
in July. The unemployment rate for August in Summit
County was 3.7%.
A
Kiplinger.com report names Denver as one of the
seven best locations for young professionals seeking
a great job, cheap apartment and hip lifestyle.
Crude
oil fell to a two-week low as refiners resumed fuel
output after plants around the Houston hub escaped
damage from Hurricane Rita. Gasoline plunged as
much as 7%.
Gas
prices vary by state because of differing tax and
emissions rule. Here is a representative gallon,
Sept. 7:
Crude oil cost $1.54
Refinery cost and profits $0.89
Distribution and marketing $0.07
State and local sales tax $0.23
Dealer markup $0.20
Federal excise tax $0.18
State excise tax $0.18
Credit card fees $0.09
Percentage
of public K-12 schools in the U.S. with Internet
access:
1994: 35%
1997: 78%
2000: 98%
2003: 100%
Marriot
Vacation Club International has applied for approval
for a new lodge near the Keystone gondola. The preliminary
plans call for 149 residential units, 1500sf of commercial
space and 9000sf for skier services. Things
just keep getting better;
Contact
Me Today! |
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MARKET
CONDITIONS & OTHER ROCKY MOUNTAIN NEWS |
| Things
continue to heat up in the mountains as winter approaches.
Figures released by the Land Title Guarantee Company
showed that August was the busiest ever recorded
for real estate transactions in Summit County, with
400 closings for the month. The sales transactions
were up 37% from August 2004 and sales transactions
totaled $148 million. So far this year, total sales
volume for the county was up 33%, on track to surpass
last year’s total of $1.13 billion. Primary residences,
as opposed to second homes, grew from 53% of the
market in Colorado’s resort communities to 62% in
2000. Those figures cover the state’s 8 mountain
resort counties: Eagle, Grand, Gunnison, La Plata,
Pitkin, Routt, San Miguel and Summit. The full-time
combined population of Eagle, Grand, Garfield, Summit,
Pitkin and Routt Counties is expected to more than
double from 192,000 to 389,000 by 2030.
Last
year, Breckenridge and Vail both had record numbers
of international skiers.
Vail
Resorts ’04-05 skier visits in millions and percent
increase over previous season:
Breckenridge
1.47 4.9%
Keystone
1.02 8.0%
Vail
1.57 0.8%
Beaver
Creek 0.82 6.0
Heavenly
1.04 9.6%
SKI
magazine’s top 10 ski resorts 2005:
1. Deer Valley, Utah
2. Vail
3. Whistler/Blackcomb, British Columbia
4. Snowmass
5. Park City, Utah
6. Beaver Creek
7. Breckenridge
8. Aspen
9. Mammoth Mountain, Calif.
10. Sun Valley, Idaho
What’s
all this got to do with Summit County real estate?
Contact
me soon to find out.
PS:
A 6-week time-share, a four-bedroom Residences at
Little Nell in Aspen, recently sold for $1.75 million.
You should see what $1.75 million buys in Breckenridge. |
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©The Altitude
News 2003 All Rights Reserved |
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