The Shores…just north of Breckenridge, running along the river with big views

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The Shores...just north of Breckenridge, running along the river with big views

Slifer, Smith & Frampton Real Estate is offering high quality, mountain contemporary new homes mostly three, but with a few 4 bedroom options, starting at $895,000 ( about a 40% reduction now that they are no longer under the Fairmont name.) Main floor masters wide open floor plans make these a best in this price range. Living to the North of Breckenridge, means in busy seasons you can head to Frisco, Silverthorne or Denver without getting into the traffic. If you are in this price range, call me, you need to see them.

New townhomes being built on the south side of Breckenridge

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I have been talking about the last few complex’s going to be built in Breckenridge, and here is the next one to start this spring or early summer…Maggie Point. 18 townhomes, 9, closest to street are employee hosing, with the restriction of having to work for the town or county for more than  20 hours a week, They will be priced lower, but there is a cap on  yearly appreciation. The other buildings, mostly duplexes, with big views of the ski area. They are each 3 bedroom 3. 3/4 baths and 1/2 bath. Each has a 1 car garage. They will start at $695,000, and to reserve one you’ll first need $15,000 earnest money deposit,and 30 days later you’ll need to put another 10% down. the balance will be do when complete, either late 2014 or early 2015. Only 3 units have thus far been released for sale.

Being built by the same builder doing Angler Mountain Ranch in Silverthorne, they will be very quality built and a fine home built for 2015.

I live just around the corner at River Park townhomes, and I have come to love the area. The shuttle to skiing or town stops just up by Highway 9, but it’s and easy walk to town, either down the sidewalk, or down a lovely treed path along the river. I’m in town by car in 3 minutes, yet I am not living in the hustle bustle of Breckenridge.

During our 35 years here, we have lived in 12 homes from Spruce Valley Ranch ( 16 of 35 years in 3 homes) to up on the peak 8 ski area (13 years)…so I know good neighborhoods,and have been very spoiled.

I expect thee units will sell out long before they are built.

Of course, it you have an interest, call me. 970 390 9111. I am at your service.

 

1237 – Maggie Point – Bldg 7 – Floor Plans – 130311 copy 2


 

Investing

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The Wall Street Journal thinks perhaps you need to diversify out of the stock market again. Lessons from a Bull Market!

Lessons from the Bull Market

Do you remember how you felt about the stock market on March 9, 2009?
Evidence suggests many investors have blocked out those fearful times. Five years after the S&P
500 hit its lowest point during the financial crisis, investors are pouring money into stocks.
In 2013, investors put $172 billion into U.S. stock mutual funds and exchange-traded funds, more
than they had withdrawn from 2008 to 2012 combined, according to Lipper, which tracks funds.
They have added another $24 billion in 2014, through March 5th.
A little complacency is understandable. If you took a Rip Van Winkle nap in 2007 and woke up this
weekend, you might conclude nothing bad had happened. The S&P 500 has shot up to record
levels and hit another all-time peak on Friday. The index is up 178% over the past five years, not
including dividends.
But the financial crisis was real and so was the steep plunge it triggered in the stock market. Instead
of sweeping those memories aside, investors need to reflect honestly about what that bear market
meant, how it affected their behavior then and how it ought to factor into their thinking now.
Above all, investors should prepare for the future with a few strategies whose enduring value has
been underscored by the events of the past five years.
Be Skeptical of Experts:
Take expert predictions lightly and if you act on them, make small moves
rather than drastic ones.
Remember What Losing Felt Like:
In a speech about intellectual honesty 40 years ago, Nobel
Prize-winning physicist Richard Feynman said, “The first principle is that you must not fool yourself —
and you are the easiest person to fool.”
Limit Risk-Taking:
Owning some stock is a good thing for many investors. Instead of periodically
bailing on stocks, investors would be better off keeping a smaller amount in stocks and sticking with
that allocation in good times and bad. Alternatively, investors can pare back their stock allocation
if they’re willing to step up their savings rate to compensate.
Be Wary of Labels:
Terms like bull market and bear market are eye-catching labels — not forecasts.
Question Performance Figures:
Past performance doesn’t guarantee future results. In fact, it can
be a poor guide to past results, too.
(Source: Wall Street Journal, 3/7/2014)

It’s the address on everybody’s wish list.

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It’s the address on everybody’s wish list.

Clearly, something is changing on Main Street. Living at Water House puts Breckenridge at your feet. The town. The mountain. Walk straight from your door to the Peak 9 QuickSilver Super6 lift. It captures the heart and soul of Breckenridge…and then some. Don’t miss out.
Take away the 75-80% Federal lands and then add probably another 5% on the north side of dedicated to agriculture that are big ranches, 6000-10,000 acres, and even include shared ranches ( more on that next week). So just about what you see, is all you’ll get. Over this next week, I will be talking about 2 more projects Slifer, Smith & Frampton is bringing to market, and that just about leaves the development Vail will eventually do at the Gondola site, but it will be guaranteed to be Vail prices in Breckenridge. So if you want new, and don’t want a house ( we still have building sites for single family homes to be built on), then you need to move quickly.

Big new Signage for Slifer Smith & Frampton at 117 S Main

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I am often asked where my office is , and I respond about half way between Clint’s and Modis, but with our fabulous new signage, you shouldn’t be able to miss us. Do be aware that we have a second smaller office at 211 North Main Street. So now you can’t miss stopping in to say hello to me. If you don’t know what Clint’s is, it’s time you learned about the best fresh baked goods in all of Breckenridge, really good coffees and teas, and a soup sandwich bar down below. Modis has been one of our best restaurants, formerly owned by Eric Mamula, of “Eric’s Down Under” and an important member of the town council.

Colorado Ski Business is on a High

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-Aspen Times/Aspen Daily News, 03.18.14

SKI COUNTRY: STRONG JAN., FEB. NUMBERS

Colorado Ski Country USA Monday reported that its 21 member resorts recorded an 8.6% increase in skier visits in January and February over the same two months last season. Through February, visitation at Ski Country’s member-resorts was up 13% for the 2013-14 season. Last week, Vail Resorts, not a member of Ski Country, reported visitation was up 11.9% through January at its 4 Colorado ski resorts.