Jason & Deanna's Colorado Ski Home Blog

New 2009 changes for 1031 exchanges

2008-10-13T14:02:05Z

It's almost that time again, you know the end of the year and all of the changes that come with it. We had our first snow here in Summit County Colorado last week. In fact it was flurrying when I got to the office this morning. I began to think about the coming winter, the ski season and realized Christmas and the New Year are just a few short months away.

I had a couple that I showed vacation homes to this weekend and after thinking about them and the rapidly approaching new year I was reminded about all the questions they had in relation to buying their first second home / investment property. They began to ask me many questions which invariably led to 1031 exchanges.

I realized that I had not yet done an update to our blog about the changes coming to 1031 exchanges for the 2009 year. Our blog has previously covered 1031 exchanges (see How to do a 1031 exchange) so we will not deal with the entire 1031 process in this entry but focus on new changes that may impact you for 2009.

An owner of a property would typically use a 1031 exchange to defer gains and other tax payments upon the sale of an investment property. To defer these taxes, the seller of an investment property buys a replacement property of equal or higher value.

The seller has to satisfy timing requirements and other rules, but if those are met, he or she is able to sell an existing investment property and then buy a new property without having to pay the IRS any taxes. One of these requirements is that the new property purchased must be used for investment purposes.

for 2009 there is a new limit on excluding a gain when converting an investment property to a primary residence.

The Housing Assistance Tax Act of 2008 signed by President Bush and pushed by congress became law on July 30, 2008. It includes a provision which limits the amount of gain that can be excluded when you sell a house used as a primary residence if you also used the house for another purpose, such as a rental.

Under the rules of Section 121 of the Internal Revenue Code, you will not owe capital gain taxes up to $250,000 of gain, or $500,000 of gain if you are married and filing jointly, when you sell a house used as a primary residence for two of the previous five years. The two year period does not need to be consecutive to qualify for the exclusion.

Under the new law and as of January 1, 2009, the amount of gain that you can exclude will be reduced to the extent that the house was used for something other than a primary residence during the period of ownership. The exclusion is reduced by pro-ration by comparing the number of years the property is used for non-primary residence purposes to the total number of years the property is owned by the taxpayer.

Ok, lets try to make all that easy to understand by using an example in the real world. A couple that is maried uses a 1031 tax deferred exchange to acquire a house for $500,000 they plan to use as a rental in 2009. The couple rents the house for three years, and then moves into it and uses it as their primary residence for the next three years. The couple decides to sell the property at the end of the sixth year for 1 million dollars, netting a total gain of $500,000. Under the new rules, instead of being able to exclude the entire $500,000, the couple will not be able to exclude some of the gain based on how many years they used the home as a rental. Since they rented it for three years out of six, 50% of the gain, or $250,000, will not be able to be excluded from their tax liability. Because of this new limitation, the couple will be able to exclude $250,000 of the gain rather than the entire $500,000 under the rules before 2009.

There are several exceptions to this new restriction that I believe buyers and investors today must know. Any periods where the property is used other than as a primary residence that occurs prior to January 1, 2009 will not reduce the excludeable gain. Using the example above, if the three year rental period occurs prior to January 1, 2009, the exclusion would not be reduced and the couple would be able to exclude the full $500,000. In other Words if you have a second home now and plan on using it as a primary residence in the near future you may want to consider doing so before January 1, 2009.

Another important exception is that property that is first used as a primary residence and later converted to investment property will not be affected by this new law. For example, you own and live in a house for 18 years. Subsequently, you move out and rent the house for two years before

selling it. Because your investment use occurred after the last day of use as a primary residence, all of the gain accumulated over your 20 year ownership of the property can be excluded, up to $250,000, or $500,000 if you are married and filing jointly.

As always consult your tax or legal professional for advice related to investment properties. But these new rules will give you something to think about before the new year.

Jason and Deanna are real estate brokers in Summit County Colorado with a focus on second and investment properties in the resort region. See our free MLS search for Colorado resort properties.

Summit County Colorado, Snow in August!

2008-08-16T14:45:09Z

Wow, look what we woke up to this morning! Snow in August. Summit County Colorado never ceases to amaze me. Keystone had almost there entire ski runs covered.

Buffalo mountain August 16th 2008.

Summit County area information and Real Estate

Home for sale Dillon / Keystone Colorado

2008-08-04T18:10:25Z

New Listing Next to Keystone Colorado

See our all new FREE no obligation Colorado resort MLS search

See the Vitual tour

Brought to you by The Long Group Summit County Colorado Resort Homes, Condos, and Land.

Outside blogs YEAH!!!!

2008-07-03T15:57:33Z

I know much has been written already about the new outside blogs at Active Rain. I just wanted to take a moment and thank everyone at the Rain for doing this. For months I have been duplicating Our blogs to our non-AR blog. It has been time consuming and lately not always getting done.

Today I am ecstatic to say with the help of these tutorial blogs, Duplicate content and outside Blogs, & a How to setup your outside blog Domain name and a little help from photo shop, I have a working outside blog using my own domain name! Thanks everyone!!!

I am so excited I would love to hear what everyone thinks of our new blog and any experiences you have had with setting up your new outside blog and additional tips and trick for all of us to use!

Ski Home Blog

GO RAIN!

Frisco Lagoon Town Home For Sale Summit County Colorado

2008-07-02T12:17:47Z

WOW new price $409,000

Open house Saturday and Sunday July 5th & 6th 2008 from 10-3. This townhome is priced to move this weekend!

Fighting Pine Beetles

2008-06-26T13:35:18Z

Well I thought we escaped the Pine Beetle again this year. Many Colorado mountain towns have been devistated by the beetles and Summit County is no exception. We spray every year and make sure we do everything to maintain our wonderful pines. Last month Deanna and I were discussing how we saw no marks on our trees or any browning on them.

Well my folks decided to visit last weekend and the first thing my Dad said did you see that brown tree in your yard. I was in such shock I almost called him a LIAR! So I rushed to the window and looked out. I could not see the tree and everything looked healthy and green. Dad strolls over as I continue to frantically look for the elusive dead tree. He points up and says look at the top. Sure enough the whole top of the tree was brown.

I love my trees and many are very mature and beautiful. I almost get downright protective of them. I felt the Beatles had violated my space. I cannot imaging my home without their shade and greenery. Luckily I also live in the middle of an Aspen Grove.

So now I have declared all out war on the Pine Beetles. I have sprayed again this year but I am not a particular fan of chemicals but feel it is necessary to help save our trees. Spraying the trees contains a chemical called seven which also can kill bugs that are vital to our forests and waterways.

In my research I have come across a product that we are trying this year called Beetle Block from AG Bio. The research looks promising as they have studies to back up the science.

Beetle Block contains a type of Verbenone, and verbenone is a natural pheromone that beetles emit when the population of a tree has reached a high level. The pheromone is a signal to adult beetles to stay away because the tree cannot support full development of the population that has already infested the tree. Beetles turn away and seek another food source. The verbenone in Beetle Block is an exact mimic of the verbenone naturally produced by beetles.

Beetle Block has been used commercially in Montana, Wyoming, & Idaho by the forest service and other agencies. This year a couple of our local towns have purchased it for testing on some areas. If any of you have used the product I would love to hear your results.

One positive note Aspen trees seem to be proliferating where pine trees have been cut or have completely died out. In the comming years Summit County will have a very healthy forest for us and future generations to see.

Check out Ag Bio for more information.

Summit County Colorado area information.

Summer Concerts at the all new Riverwalk Amphitheater, Breckenridge Colorado

2008-06-23T17:00:06Z

One of the most popular things to do during the summer here in Summit County is to visit a couple of concerts at the Breckenridge Riverwalk Amphitheater. It's a great place to see The Blue River run by as you are watching one of the summer concerts.

This year should be one of the best as the amphitheater has been remodeled. A roof and walls were erected over the existing amphitheatre structure and other improvements were made as well. The project substantially enhances the experience by improving the acoustics, temperature control and lighting within the facility. The unique connection I spoke of to the outside environment has been maintained with six large clear doors that fold open to the Riverwalk Center lawn. Nights can be cool so bring a jacket and blankets if you want to stay warm.

From Local artist at the Blue River Concert series to the famous National Reparatory Orchestra there is music for everyone to enjoy. For a complete schedule list click here.

The NRO is a nonprofit organization that provides an 8 week fellowship program for the most promising young orchestral musicians. Alumni currently perform in virtually every major orchestra in the US and in orchestras world-wide. Each summer, 89 musicians are chosen in a nationwide audition tour to participate in an intense symphonic orchestral experience.

The NRO performs two full orchestra concerts each week in the Riverwalk Center between mid-June and early-August. In addition, members of the NRO take part in smaller chamber concerts during the festival, and the full orchestra plays at several other locations in the state. Throughout the summer a full range of symphonic literature is performed; the equivalent of a full symphony season!

For a complete summer schedule of the NRO Click here

Have fun and we'll see you at the concerts Jason & Deanna

Breckenridge Colorado Information

Crystal Peak Lodge, Breckenridge Colorado

2008-06-22T14:54:23Z

Situated on the beachfront of Peak 7 in Breckenridge, Crystal Peak Lodge offers 46 ski-in/ski-out residences just steps from the new seasonal BreckConnect Gondola and the proposed new site of the Independence Super Chari. Architecturally, the Lodge is rugged yet refined, harmonizing with the natural alpine surroundings of Colorado's most desirable setting.

Crystal Peak Lodge is designed to reflect the environment around it. Heavy timbers, moss rock and expanses of glass contribute to the building's rugged exterior. Inside, warm wood paneling, high-end fixtures and rich fabrics will welcome homeowners in from the slopes.

Crystal Peak Lodge of Breckenridge is the result of years of careful planning by a selected group of professionals at the forefront of their respective fields. The execution of Crystal Peak Lodge will reflect the same level of expertise, the same attention to detail and the same commitment to quality.

A limited number of residences are now avalible. Don't miss your chance to own one of the most magnificent ski resort real estate projects today. Contact Jason & Deanna Long The Long Group - Omni Real Estate Co. for further details at 1-800-620-1009 EX 199. Breckenridge Condominiums

Photos are for illustation purposes only and are not a garantee of final product.

River Mountain Lodge, Breckenridge Colorado Condo for sale

2008-06-22T13:17:21Z

River Mountain Lodge right on the slopes in Breckenridge Colorado offers all the luxury and convenience of a condominium with the hotel extras to match. This charming, European-style lodge is located in the heart of Breckenridge, directly across the street from the Four O'Clock ski run and mere steps from Main Street. Easy access to shopping, dining and skiing makes this one of the most desirable locations in Breckenridge.

A current featured listing is: 2 Bed 3 Bath with over 1,000 Sqft of living area. In the River mountain lodge you are in the heart of a true ski town residence with the amenities of a hotel and the privacy of your personal residence. Condos Start in the low $300,000 and up to about $700,000 at the present time.

Amenities include:

•· Swimming pool (outdoor, heated and open year-round)

•· Indoor and outdoor hot tubs

•· Ski shop on site

•· Bar/lounge

•· Restaurant in hotel

•· Parking (free), Parking garage

•· Ski shuttle service

•· Meeting rooms (small groups)

•· Conference rooms

•· Audio-visual equipment

•· Business services

•· 24-hour front desk

•· Safe-deposit box (at front desk)

•· Fireplace and sitting area in the lobby

•· Patio

•· Barbecue grills

•· Ski storage

•· Picnic area

•· Fitness equipment

•· Concierge services

River Mountain Lodge has proved to be a great investment. Gross rents for the year have been reported from $30,000 to $46,000 depending on the home, its size and location. For more Information about River Mountain Lodge, Breckenridge Condos, or Breckenridge Real Estate contact Jason & Deanna Long, The Long Group - Omni Real Estate Co at 1-800-620-1009 ex 199.

Colorado still the leader in overnight ski visits - Breckenridge tops!

2008-06-20T11:41:31Z

Colorado continued to be the number-one overnight ski destination in the U.S. for 2007 despite increasing competition from other states, according to the report commissioned by the Denver Metropolitan Convention and Visitors Bureau and the Colorado Tourism Office.

Overall statewide numbers broke records - with 28 million Americans making overnight visits to Colorado in 2007, up from 26.9 million in 2006.

Travel spending in the state reached new heights as well, with domestic visitor expenditures reaching a record $9.8 billion in 2007, up 10 percent from 2006.
Colorado was the destination of 20 percent of all domestic overnight ski trips in 2007, down from about 23 percent in 2006, the report found.

The report found a significant drop in the numbers of visitors from the upper Mid-western states of Indiana, Ohio and Michigan. May of which chose closer eastern destinations as they also fared well with snow and the economy and gas prices were also sighted as another possible reason.

The final ski area numbers are to be released in October. However an estimated 12,535,913 skier visits during the 2007-08 ski season. This is the third consecutive season that skier visits have topped more than 12 and a half million and will now rank as the second best season for skier visits on record in the state after the 2006- 2007 record year last year. Early reports show Breckenridge Colorado should continue to retain its title of most visited resort in North America.

We had one heck of a winter as did most of the United States. Deanna and I hope to see you next season!

Breckenridge Real Estate

Colorado Resort Real Estate Update January - April 2008

2008-06-20T11:16:27Z

Wow what a great year so far. Summer has finally arrived. The flowers are in full bloom, and Lake Dillon is almost full. By the 4 of July with the current runoff it should be at capacity. I can't wait to see all the sail boats out on the lake for this year's regatta. It should be a blast.

The realignment of the gondola in Keystone is on track and should be ready in time for the 2008-2009 ski season. I have seen some of the future development plans and it looks to be ambitious. This summer there may be some investment opportunities available in older units that will be directly impacted by the new Gondola. The move looks to add additional ski in/out capacity to some of the older buildings.

If it has been awhile since visiting the blog we have some great info about things to do here in summit have a look: http://activerain.com/blogsview/478233/Spring-activities-in-Summit. We update the blog regularly so check back often for the latest updates including monthly real estate numbers for the County.

Well it ceases to amaze me but Summit County Real Estate continues to buck the National trend. I will attach January - April's Colorado resort market index so take a look. As a whole the market remains strong. The major resort markets tend to be somewhat insulated from the housing bubbles that can bless or plague parts of the country. We are still averaging double digit appreciation, however days on market and inventory is up slightly from this time in 2007. We attribute this to tighter lending practices versus the last 3 years. Transaction dollar volume continues to rise as the total number of transactions fall. If any of you read the blog or have received our updates before you'll know this has been the case for several years. We see this in every major resort market, as housing prices increase the total amount of purchases fall.

Summit County new construction remains robust. For the first 4 months of the year we produced nearly a 8% increase over 2007, while nationally new construction was down nearly 21% during the same period. Appreciation is still on the rise with the average single family home selling for $40,000 more than in 2007. Summit County real estate appreciation for the first 5 months of the year increased by 5.5 % while nationally we saw a loss in value of about 5%.with some west coast cities fairing much worse.

As you can see Summit County not only is a great place to be but we continue to outperform the rest of the US. Land to build on is still available for your dream home especially in the Highlands just north of Breckenridge and a new development in Silverthorne called Anglers Mountain Ranch. There are a couple of great values on vacant land if you're interested e-mail us and I'll send them over to you. We are still projected for total build out in the next 5-9 years. Frisco is rapidly approaching build out with only 7 lots currently available.

We'll we hope to see you this summer and if you're in the area give us a call (1-800-624-1009 ex 199) we'd love to hear from you. We are in the process of revamping our website and would love some feedback on how to improve it and make it a better tool for our friends and clients. As always you can see any Summit County property available on the MLS at Summit County Real Estate MLS

Resort Real Estate Index by County in Colorado

Year-to-Date Gross Volume Summary through April 30th, 2008 closings totalling: $ 2,096,473,239.00

Percent represented by each County

EAGLE (Vail & Beaver Creek)

33%

SUMMIT (Breckenridge, Keystone, Copper Mountain & A-basin)

16%

GARFIELD (Glenwood Springs)

15%

PITKIN (Aspen)

24%

ROUTT (Steamboat Springs)

12%


Residential Unit Distribution by Price Point: 2007 Assessment of Actual Value
County	Value:<=1,000,000	$1,000,001 to $3,000,000	$3,000,001 to $5,000,000	Value: >=$5,000,001	Total All $:

Eagle	21,911	5,394	897	466	28,668
Garfield	18,053	353	10	2	18,418
Pitkin	5,921	3,147	1,256	1,117	11,441
Routt	12,761	1,027	82	17	13,887
Summit	24,717	1,595	31	0	26,343

Total All Counties:	83,363	114,151	2,276	1,602	98,757
Source: County Assessor's Office for Eagle, Garfield, Pitkin, Routt & Summit. Improved Residential Only - All Types - as of March 15, 2008

Median Home Price Summary: 2007 vs. 2006

Region/County	October 2007	October 2006	% Previous Year	Change

Northeast	$ 258,700.00	$ 255,400.00	101%	1.29%
Midwest	$ 164,000.00	$ 166,600.00	98%	-1.56%
South	$ 171,400.00	$ 183,700.00	93%	-6.70%
West	$ 318,200.00	$ 341,000.00	93%	-6.69%
Eagle County	$ 810,000.00	$ 613,500.00	132%	32.03%
Garfield County	$ 394,950.00	$ 344,500.00	115%	14.64%
Pitkin County	$ 3,700,000.00	$ 3,500,000.00	106%	5.71%
Routt County	$ 660,000.00	$ 580,000.00	114%	13.79%
Summit County	$ 648,750.00	$ 614,450.00	106%	5.58%
U.S.	$ 207,800.00	$ 218,900.00	95%	-5.07%

Source: National Association of Realtors posted via Associated Press: msnbc.msn.com & Data Research Associates.
Information shown is believed to be accurate but not guaranteed.

New Construction Sales Summary: 2007 vs. 2006
# Units/Sites Sold
Region/County	2007	2006	% Previous Year	Change

Eagle County	688	681	101%	1.03%
Garfield County	756	684	111%	10.53%
Pitkin County	296	204	145%	45.10%
Routt County	488	418	117%	16.75%
Summit County	308	286	108%	7.69%
U.S.	774,000	978,336	79%	-20.89%

Source: Commerce Department, posted via Associated Press: msnbc.msn.com & Data Research Associates.
Information shown is believed to be accurate but not guaranteed.

Note: All data contained herein is public record that is believed to be accurate but is not guaranteed.

Jason & Deanna are Colorado Resort Real Estate Brokers. We can be contacted at (970) 631-6757 or (970) 485-5357.

Fairmont Residences on the Shores in Breckenridge Colorado

2008-06-11T13:10:16Z

You awake to incredible views. From the massive hand-hewn beams that give these homes their warmth and character to the mountains that range away beyond your windows. Life looks better, it is better at the Fairmont Residences on the River in Breckenridge Colorado.

Your home is on the pristine Blue River, renowned for gold medal fly-fishing. Breckenridge offers you the exhilarating pleasures of one of North America's premier ski resorts. Main Street, minutes from home, offeres you an authentic history, rich culture, fine shopping and dining. The Fairmont Residences on the River opens your eyes to the prospect of something even better: a great life.

After a time, the music of the river becomes the soundtrack of your life. The land reveals its ageless secrets. The old pioneer town takes on the aspect of something like a second home. These are amenities you cherish.

There are others, all nearby, from Breckenridge Golf Club to the renowned ski resort. And there will be still more, even closer to home. An on-site lodge. A spa. Elegant spaces for casual dining and entertainment. Gold Medal fly-fishing borders a vast and pristine open space.

Amenities

Shuttle service
Pool
Hot Tubs
Lodge
Spa
Café & Market
Gold Medal fly-fishing Blue River
Surrounded by dedicated Open-Space
Across from the Jack Nicklaus designed, 27-hole Breckenridge Golf Club
On the town Bike Path
Minutes to downtown Breckenridge

Interior Features

Vaulted ceilings throughout
Exposed beams
French doors open to flagstone patio doubling the living spaceCurving rock walls provide beauty and privacy
Two master suites
Niches for artwork and sculpture

These exclusive Fairmont Residences on the river in Breckenridge are offered from about 1.1 Million to 1.7 Million.

For more information about Fairmont Residences or Breckenridge Real Esate Contact Jason and Deanna Long - The Long Group at Omni Real Estate Co at 1-800-620-1009 ex 199.

Jason and Deanna Long are Colorado resort real estate specialist operating in Breckenridge Colorado.

Copper Mountain Resort in Summit County Colorado to unveil new area plans.

2008-06-09T18:46:43Z

Copper Mountain in Summit County Colorado will present its plan to shift about 590 units of yet to be built housing within the resort's base area and add a large condo-hotel project to the mix during a two-day hearing this week in front of the Tenmile Planning Commission.

Copper also wants to eliminate 42,000 square feet of set aside commercial density and relocate another 72,000 square feet of commercial space for shops, restaurants and service facilities to areas that will be closer to current uses and walking paths. The plan anticipates about 1.5 acres of wetlands at the resort to be effected. This has been and can be a deal breaker in the past, but Copper will be restoring an additional 3 acres of wetlands to meet the 2-1 ratio required.

A few key changes have been made since the county commissioners last looked at the master plan amendment in a work session in December 2007. As part of a community benefits package, Copper proposes to redirect part of an existing real estate transfer assessment to community purposes including affordable housing, open space and early childhood care.

The resort currently charges a 1.5 percent real estate transfer assessment on all residential property within the resort. Under the latest proposal, .25 percent of the current assessment would be designated to community purposes which could raise as much as 1 million dollars annually. The assessment fees would apply to all as-yet undeveloped density at Copper. Copper officials are selling the proposal as a balanced and well thought out plan.

The latest version of the plan also speeds up the timing of a proposed employee housing development at East Lake, requiring construction of all the units within 42 months of the effective date of the approval for the base area redevelopment. Under the old plan the employee housing would have been phased in over time.

A condo-hotel that was originally proposed for a floodplain location along Tenmile Creek would now be relocated to the Union Creek area.

In 2007 Copper officials got the green light from the commission only to be sent back to the drawing board by the County Commissioners. Copper is looking for to get a go ahead from the commission and could then go to the Board of County Commissioners later this summer for final approval.

Copper has been looking to make major changes to the base area plan since 2001, when the resort submitted what was then called a comprehensive development strategy that would have included significant amounts of new density to the resort base area. The Tenmile Planning Commission recommended approval in 2003, but the county commissioners denied the application in July 2004.

For the complete story see the Summit Daily News

Copper Mountain Condos, Copper Mountain Real Estate

Summer 2008 Activities in Silverthorne Colorado

2008-06-08T10:15:09Z

Summer in Silverthorne

June 21 Almost 2 Mile High flee market

June 25 Bike-to-Work Day

June 27 DooWop Denny

July 5 Danielia Cotton Concert

July 10 Ice Cream Social

July 19 Skate Over 8000 Feet Competition

August 3 Beatles Tribute Band "Imagine"

August 29 DooWop Denny

September 13 & 14 Blue River Festival

September 20 Almost 2 Mile High Flea Market

Hope to see you all here Jason & Deanna.

Silverthorne Information, Silverthorne Real Estate

Silverthorne Colorado affordable housing may be on the way!

2008-06-06T15:43:28Z

At the March 26, 2008, Council Meeting, the Silverthorne Town Council approved an agreement to partner with Red Mountain Village, LLC, to provide a mix of affordable and market rate housing on a 51 acre site commonly referred to as the Smith Ranch. The Town is currently negotiating with Red Mountain Village to craft a development agreement which will provide a mix of affordable and attainable market rate housing, all of similar size and design. If a development agreement is agreed to by June 30, 2008, the Town will then negotiate an acceptable planned unit development agreement, as well as an annexation agreement to bring the development within Town limits.

Silverthorne's Town Council has always envisioned this land as an affordable neighborhood for full-time residents, and this agreement secures the property for that purpose. The approved agreement outlines a process by which Red Mountain Village can work in partnership with the Town to bring an affordable housing development to Silverthorne," stated Mayor Dave Koop. Mayor Koop added, "We are looking forward to getting public input on this topic. Once the Town has negotiated an acceptable development agreement, we will begin our development process review which provides many opportunities for public input."

Affordable housing is crucial to the area. Homes and property values contiue to increase in Silverthorne and throughout Summit County. Avalible land is running out as we near total build-out. As this project moves forward Deanna and I believe it will ensure people that work in our community will live in our community.

Silverthorne Real Estate information

Silverthorne Colorado Community Garden

2008-06-06T15:23:56Z

A Silverthorne Colorado community garden board has been established and planning is underway to bring to fruition the community garden concept proposed by the Economic Development Advisory Committee's WOW Sub-Committee. One of EDAC's goals is to provide recommendations on beautification options in Silverthorne, and a community garden was determined by the WOW subcommittee to be one such option. EDAC members Larry Lunceford, Eddie O'Brien, and Marc Hogan initially brought forth the concept of a community garden in April 2007. Town Council indicated in June 2007 that if community leadership and administration, private funding, and an appropriate site plan could all be established the garden concept should be given consideration through the Town's site plan process.

Community members have begun diligently working toward this goal. Co-coordinators Linda Hrycaj and Marie Orlin are leading the garden board in their mission to create a working community garden that invites individuals and families from all backgrounds, regardless of gardening experience. The goal is to develop a hands-on garden that integrates education, creative expression, cooperation, and community spirit.

The proposed garden site is the grassy area at the southeast corner of Rainbow Drive and E. Fourth St.,across from the Silverthorne Recreation Center.

Sliverthorne Home Search

Silverthorne Colorado Information

Lake Dillon to begin to rise for the boating season

2008-05-30T17:50:17Z

After rapidly lowering for the last several weeks to make room for snow runoff, water levels in Dillon Reservoir in Summit County Colorado will begin to rise again this week.

Denver Water announced Thursday that it's dropping outflow to the Lower Blue from 800 to 500 cubic feet per second.

The main reason for the change is that the runoff from the South Platte drainage has been considerably less than projected. The snow seems to be melting at a slower pace than originaly anticipated.

Denver water has reported that as a result it may have to bring more water through the Roberts tunnel than previously thought.

The change will improve fly-fishing conditions in the Blue River below the dam and bring water levels up at the Frisco marina.

Local outfitters said the decreased outflow won't affect commercial rafting trips on the Lower Blue.

Lake Dillon information, Dillon CO real estate. Free MLS search.

Breckenridge Colorado outhouse races 2008

2008-05-30T17:30:59Z

It's back! The wacky and fun Breckenridge outhouse races representing the hardships faced by our forefathers, bringing back a quirky event that combines a glimpse of the past in the spirit of today. The second annual Breckenridge Outhouse Races will take place in downtown Breckenridge on Sunday, June 15 and visitors and residents are again invited to put on their creative thinking caps and start building their Outhouse Race entries.

The race course will span one Breckenridge block on Ridge Street from Lincoln to Washington Avenues. The course will be divided into two lanes. Teams will race in heats of two. The winning team will advance to the next round and the losing team will be eliminated. the event will not be times and has no set time limit.
Each team can have up to five members with one person mandated to ride inside the Outhouse. Helmets are recommended for the racers, but mandatory for the team member on board. There are no weight limits, but you must be at least 13 years of age to participate.

All entries must be pulled or pushed. No motors or pedal propelled mechanisms allowed. New this year, bicycle parts and pieces permitted, but no in-tact bicycles allowed. Each Outhouse must have a seat with a hole that one team member sits on during the race. The seat must be securely attached to the outhouse. Each outhouse should have its name or theme displayed bold and proud on the outhouse.

Outhouses may be built of any solid material, as light as cardboard or as heavy as plywood. All Outhouses should have four sides, a roof and a doorway. The door is optional. Windows are allowed, but no glass may be used. Any number and size of wheels may be used. Visit www.gobreck.com for exact size specifications.

The free registration deadline is June 13.

Breckenridge CO, homes and real estate

Frisco Colorado Disc Golf & Skate park

2008-05-28T09:52:07Z

The Marina at the lake may still be closed, but Friday marked the opening of ballfields, the disc golf course and the skate park at the peninsula recreation area.

Skate park improvements are scheduled for late July or early August. The park will be closed for one week this year due to these improvements but they should really enhance the Skate Park.

Rules & hours of the park are: Dogs must be on a leash; pack out all trash; the peninsula hours are 6 a.m. to 10 p.m, seven days a week.

Information about Frisco Colorado

Discount Real Estate, The Web, & The Court ruling does it impact you?

2008-05-28T09:40:12Z

I'm not sure if you caught this yesterday it was a bit buried but NAR settled a lawsuit brought on by the government. In a nut shell NAR, its member organizations, and members were not allowing access to all of its listings to web based and discount brokers. The lawsuit was filed in 2005 by the justice department in what seemed to be by the prodding of Zillow, Cyber Homes and a few web based Internet brokers. They claimed an unfair playing field by not having access to the entire database of NAR's MLS listings and the complete data of each listing.

By settling they allowed all discount & web based brokers full access to all listings. However it was not a complete victory for web brokers because NAR will still be allowed to limit comments and some price comparisons.

So what do you think? Is this good or bad for your business? Will traditional brokerages be affected? What will this do to the individual Realtor? What do you see as the future of real estate?

For complete details of see the link below.

http://www.bloomberg.com/apps/news?pid=20601103&sid=anuFn3WDukYg&refer=new

The Springs at River Run Keystone Colorado

2008-05-25T16:07:56Z

The Springs at River Run Keystone, CO

The Springs is the newest building in River Run in the Heart of Keystone Colorado, including some of the most luxurious amenities available in the River Run Village. It features its own private year-round pool with a slide that winds through the rocks with several hot tubs and a zero-entry fountain area.

Located to the side of the River Run Village, giving it a nice secluded feel and a quiet spot for a family vacation yet has access to one of Summit County Colorado's nicest ski developments including shopping, restaurants, and activities. A very nice fitness center, an incredibly appointed full home theater room, a kids play room, slate pool table, and steam room, The Springs in Keystone Colorado is a place that will keep you or your family entertained without even going to the slopes!

Some of the amenities and attractions are:

•· Hot tub

•· Private Pool

•· Washer & dryer in building

•· Underground parking garage

•· Located on the ski slopes of River Run in Keystone Ski Resort Only

•· Ice skating

•· skiing,

•· Restaurants

•· Shopping all within walking distance

•· Summer activities provide fishing, biking, hiking and wildlife viewing.

For More information about The Springs, Keystone & Condos for sale Call The Long Group- Omni Real Estate CO at 1-800-620-1009 EX 199.

Free Keystone MLS search

Hamilton Creek Silverthorne Colorado Real Estate

2008-05-25T15:26:01Z

Hamilton Creek Silverthorne, CO

Hamilton Creek is a master-planned residential community located in the Blue River valley adjacent to Silverthorne Colorado. The 220 acre community is located on the sunny, southwest slope of Ptarmigan Mountain in Summit County Colorado and has spectacular panoramic views of the Gore Range, the Ten Mile Range and Lake Dillon. The home sites are in a beautiful forest setting of mountain landscapes, meadows and streams. These sites are surrounded by over 80 acres of forested open space owned in common by Hamilton Creek Homeowners. In addition to the exceptional views, these sites have exceptional solar exposure.

Hamilton Creek is located about 2-1/2 miles north of I-70 exit 205 at Silverthorne, Colorado. Incorporated in 1986, there are 121 lots, 95 of which have been improved. Primary homes account for 57% of the total; 40% are second homes. At the present time, 3 homes are under construction starting in the low $1,000,000's.

For More information about Hamilton Creek, Silverthorne, & Summit County Homes for sale Call The Long Group - Omni Real Estate CO at 1-800-620-1009 EX 199.

Free Silverthorne MLS search

Frisco Colorado Town Home for sale with New Kitchen!

2008-05-24T15:11:08Z

Deanna and I have put our clients Lagoon Town Home In Frisco Colorado back on the market after a complete Kitchen remodel. This 2 Bed 2.5 Bath Updated lagoon Townhome is one of the best values in Frisco. To see more details see the Virtual Tour.

Frisco Colorado Real Esate. Frisco Colorado MLS

Jason & Deanna Long are Colorado resort Real Estate brokers serving the cities of Breckenridge, Keystone, Frisco, Silverthorne, Dillon, & the entire Summit County Colorado area.

90 ways to sell your home faster and for more Money additional tips!

2008-05-24T11:31:56Z

Well we have finished our 90 ways to sell your home faster and for more money series. This Blog contains some of the additional tips we make available to our clients. The first 6 parts list some highlights from the Repairs, Cleaning, & Neutralizing portion of the series, to see them go to 90 ways part 1, 90 ways 2, 90 ways 3, 90 ways 4, 90 ways 5 & 90 ways 6.

35. Invest in a new doormat that says "Welcome."

39. It is important to devote at least one area of your yard to outdoor living. Buyers will still recognize a scene set with picnic table and chairs and respond positively to it. Cover your picnic table with a fringed, red-and-white checked cloth, set out some plastic plates and glasses, bring out the barbecuing equipment, and buyers will almost smell the hot dogs cooking!

43. Virtually any entry hall will benefit from a well-placed mirror to enlarge the area.

47. Place something colorful on the mantel, but don't make it look like a country craft store.

53. Avoid clutter! Clean counters of small appliances and store whenever possible to maximize the appearance of work space.

72. Large master bedrooms are particularly popular among today's home buyers. Make your bedroom larger. Paint the room a light color, remove one of the bureaus if the room is crowded, and minimize clutter to maximize spaciousness. Aim for a restful, subdued look.

84. Remember to appeal to a wide range of buyers. Play down dominant colors with contrasting neutral colored towels and accessories. If your bathroom is mostly white or neutral, add a few cheerful accents of color: use towels in the popular new shades. Don't hesitate to buy a few new towels and a rug . . . you'll be taking them with you to your new home.

Deanna and I hope this series has been a great help to you! Remember if you're buying or selling Real Estate in the Colorado resort communities let us know I'm sure we can help.

copy of "90 ways to sell your home faster and for more Money" click here, fill out the contact form and request "90 Ways".

Jason & Deanna Long are Colorado Resort area Real Estate Brokers operating in the cities of Breckenridge, Keystone, Copper Mountain, Frisco, Silverthorne, & Dillon. "At the Long Group we don't take shortcuts".

Summit County CO Homes For sale.

90 ways to sell your home faster and for more Money part 6

2008-05-24T11:05:45Z

This is part 6 of the 90 ways to sell your home faster and for more money series. Again it contains some of the important parts of what we have found to help our sellers get the outcome they desire. The first 5 parts list some highlights from the Repairs, Cleaning, & Neutralizing portion of the series, to see them go to 90 ways part 1, 90 ways 2, 90 ways 3, 90 ways 4, & 90 ways 5.

A few years ago we came up with document titled "90 ways to sell your home faster and for more Money" to help Summit County Colorado Sellers prepare their homes to sell. It has served us and our sellers well when they follow our recomendations in the document. It is broken down into 6 categories:

· Repairs

· Cleaning

· Neutralizing

· Space Management

· Atmosphere

· Staging

I decided to put a sample of it on our blog in the hope it will help sellers not only here in the Rocky Mountain Resort region but nation wide. It will be posted in a 6 part series.

Part 6 Staging:

22. Study magazine ads, furniture showrooms, & model homes to see how small details can make rooms more attractive and appealing. The effect of a vase of flowers, an open book on the coffee table, a basket of birch logs by the fireplace, etc., can make the difference in a room.

24. Soften potentially offending views, but always let light into your rooms. Replace heavy curtains with sheer white panels. Never apologize for things you cannot change. The buyer will either decide to accept or reject the property regardless of the words you say. Just present the home in the best way possible with complete honesty.

27. Color has the power to attract. A tub of geraniums, a pot of petunias, or a basket of impatiens on the front steps is a welcoming touch. Buyers love color!

30. Check to see that all doors and windows are in good working order. Give special attention to your home's exterior doors and front entry. Clean and paint doors if necessary. Remember, first impressions are likely to color the remainder of the house tour.

Deanna and I have sold many homes and have found the first impression a buyer sees sets the mind set for the whole home tour. Check your planters for weeds and stage the front door area with color and in winter use a colorful dried flower wreath.

copy of "90 ways to sell your home faster and for more Money" click here, fill out the contact form and request "90 Ways".

Summit County CO Homes For sale.