Insights on Summit County Real Estate

April 17, 2020



Whether you work full-time at home or occasionally need to conduct business in the evenings or on the weekends, a home office a great way to utilize an extra room. A dedicated workspace in your home can be designed to increase productivity and comfort. Here are 5 ideas to get you started.

  1. Invest in a good office chair. Investing in an ergonomic office chair is essential. You may be spending anywhere from 30 to 50 hours a week sitting in it, so your back will thank you. Purchasing one with multiple adjustments is ideal so it fits you just right.
  2. Switch up your lighting. Fluorescent lighting has been proven to be hard on the eyes. Make the switch to LED or halogen light bulbs in your home office and try to let in as much natural light as possible. Also, consider finding a desk lamp to reduce headaches and eye strain.
  3. Keep essentials in reach and organized. Nothing says productivity like a clean, neat workspace. Select a desk with a lot of storage or install creative shelving to keep items like pens, pencils, extra batteries, calculators, notepads, and more stored within arm’s reach.
  4. Decorate bright. Pick a color you love and use it to spice up the room. Use cheery yellow or red or relaxing tones like green and blue, instead of beiges and browns.
  5. Aim for the view. If possible, place your desk so you are facing a window instead of a blank wall. Natural light can do wonders for staying alert and you can give yourself a short mental break when necessary by looking to the outdoors.
April 7, 2020



Staging your home is all about putting the best foot forward for potential buyers. By highlighting its most desirable features, you can draw more interest for your home and leave a lasting impression that is sure to help you sell it more quickly. Here’s what you should keep in mind as you prepare for your next open house or viewing!

  1. Help them visualize it as their own. Make it easier for buyers to imagine themselves making your house their home by removing personal memorabilia, knick-knacks, and photos. Instead replace them with simple décors, such as paintings, nature images, and plants.
  2. Think sleek instead of comfy. Modern-day buyers are leaning toward modern, crisp, clean interiors over comfy, homey looks. When staging your home, keep a minimalist mindset, and incorporate bright colors and metal accents.
  3. Deep clean the small spaces. It's obvious to say you should clean your home before viewing, but don’t forget to cover your bases by deep cleaning the small spots. Take time to scrub porous areas like grout that may hold on to stains and baseboards where small pet hairs and dust love to cling.
  4. Spruce up your landscaping. The first impression your home gives to potential buyers is its exterior. Ensure you have a freshly mowed lawn, neat hedges and shrubbery, bright flowers, and a clean driveway.
  5. Set the mood. A home is so much more than just the way it looks, so you need to appeal to the other senses. Prior to having potential buyers over, set the mood by burning delicious smelling candles and selecting an upbeat, happy soundtrack to play in the background.
March 30, 2020



Purchasing a home is arguably one of the biggest financial decisions you will make in your lifetime. As you start your hunt, don't forget there will be other costs associated with your purchase then the price of the home. Here are 5 fees to keep in mind as you begin to budget.

  1. Home inspection. This is a crucial step in the home buying process. The findings that come from the inspection can help you negotiate price and repairs. Generally, you can expect to pay between $300 to $500 depending on the home and the location.
  2. Title services. Title services encompass the transfer of the title from the seller and a thorough search of the property’s records to ensure to no one will pop up with a claim to the property. Additionally, you may need to buy title insurance which will protect the lender or your investment in the home.
  3. Appraisal fee. Before getting a loan, you will likely be required to get an appraisal of the home to determine its estimated value. This will be conducted by a third-party company and the cost can land anywhere between $300 and $1,000, depending on the size of the home.
  4. HOA fees. Many communities have a homeowners’ association that enforces monthly fees. This money is used for general maintenance and updates to areas like pools, parks, and more. Typical HOA fees are around $200 per month.
  5. Taxes. The taxes each buyer pays at the closing table differ, but it is not uncommon for it to be up to two months’ worth of county and city property taxes. Additionally, there may be taxes for the transfer of the home title.
Jan. 28, 2020

House-Buying Power at Near-Historic Levels

House-Buying Power at Near-Historic Levels | MyKCM

We keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the country. In their most recent Real House Price Index, First American reported that consumer “house-buying power” is at "near-historic levels.”

Their index is based on three components:

  1. Median Household Income
  2. Mortgage Interest Rates
  3. Home Prices

The report explains:

“Changing incomes and interest rates either increase or decrease consumer house-buying power or affordability. When incomes rise and/or mortgage rates fall, consumer house-buying power increases.”

Combining these three crucial pieces of the home purchasing process, First American created an index delineating the actual home-buying power that consumers have had dating back to 1991.

Here is a graph comparing First American’s consumer house-buying power (blue area) to the actual median home price that year from the National Association of Realtors (yellow line).

House-Buying Power at Near-Historic Levels | MyKCM

Consumer house-buyer power has been greater than the actual price of a home since 1991. And, the spread is larger over the last decade.

Bottom Line

Even though home prices are increasing rapidly and are now close to the values last seen a decade ago, the actual affordability of a home is much better now. As Chief Economist Mark Fleming explains in the report:

"Though unadjusted house prices have risen to record highs, consumer house-buying power stands at near-historic levels, as well, signaling that real house prices are not even close to their historical peak.”

Dec. 18, 2019

The Biggest Issue Facing Housing Next Year

The Biggest Issue Facing Housing Next Year | MyKCM

This coming year the housing market will be defined by 3 things- inventoryinterest rates, and appreciation.  But the biggest issue the housing market will face in 2020 is an inventory shortage.  There aren’t enough homes on the market for buyers, especially on the lower end of the market. This is a topic that has come up frequently within the past several months.

Based on what is forecasted, we know that interest rates are projected to remain low and that appreciation is expected to continue as we move into 2020.  Additionally, the upcoming election will provoke many unique perspectives on the health of the US housing market. The challenge will be understanding what is actually happening and how you can best position yourself if you are thinking of buying or selling your home.

Here are several perspectives to consider on the inventory issue facing housing next year:

According to

“Despite increases in new construction, next year will once again fail to bring a solution to the inventory shortage that has plagued the housing market since 2015. Inventory could reach a historic low as a steady flow of demand, especially for entry level homes, and declining seller sentiment combine to keep a lid on sales transactions.”

Diana Olick at CNBC:

“Inventory has been falling annually for five straight months, after it recovered slightly toward the end of last year, due to a spike in mortgage rates. Rates began falling again by spring of this year. Homebuilders have been increasing production slowly, but it’s not enough to meet the increasingly strong demand.”

George Ratiu, Senior Economist with

"As millennials -- the largest cohort of buyers in U.S. history -- embrace homeownership and take advantage of this year's unexpectedly low mortgage rates, demand is outstripping supply, causing inventory to vanish. The housing shortage is felt acutely at the entry-level of the market, where most millennials are looking to break into the market for their first home."

Bottom Line

The most important thing you can do is understand what is happening in your local market. You may not be able to avoid some of the issues brought on by low inventory, but you can be educated and prepared. Let’s connect and discuss the options that make the most sense for you and your family.

June 14, 2019

Top Summer Festivals in the Mountains for 2019


The festivals and Family Entertainment we have in the mountains is second to none. Here is a list of many of the Festivals (and I'm sure that I haven't even covered half of them). Here's a surefire way to enjoy Summer in the Mountains.

A group of people around each otherDescription automatically generatedBreckenridge Free Family Festival

June 26, 2019 at 11 AM – 1 PM - Riverwalk Center

MEET THE ORCHESTRA: A Free Family Festival - Bravo Vail and the NRO present an engaging concert for the whole family! Join us for fun activities, including an instrument petting zoo, before the performance begins.

Wine and Jazz Festival: Keystone

July 13 & 14th in Keystone

A group of people posing for the cameraDescription automatically generatedKeystone Wine and Jazz Festival brings more than 300 varieties of wine - red, white, bubbly and everything in between as part of the festival's Village Grand Tasting event, not to mention the Warren Station Reserve Wine Tasting on Friday evening to kick off the weekend's festivities. Top it off with educational wine seminars and smooth (and free) jazz shows all weekend.


Summer Beer Festival Breckenridge

Saturday, July 13, 2019 at 12 PM – 5 PM Beaver Run Resort

Join us for the 14th annual Breckenridge Summer Beer Festival at Beaver Run Resort! Brews, Views & Live Music! Proceeds benefit SOS Outreach of Colorado.


A person preparing food in a restaurantDescription automatically generated

Breckenridge Food and Wine

July 26-28, 2019 Main Street Station Plaza

The Breckenridge Food and Wine Festival brings you a unique, wine-tasting experience. Main Street Station Plaza and The Village at Breckenridge, (at the base of Peak Nine), transform into a beautiful, mountain-side vineyard starring an array of varietals created by top wineries. From the soft and smooth to the unabashedly bold, guests will get more than their fair share of delicious sips. There will be nearly 300 wines to select from


Breckenridge Main Street Art Festival

August 1st 10:00 - 6:00p.m. Breckenridge Main Street near Wellington

A group of people walking down a streetDescription automatically generatedThe 18th Annual Breckenridge Main Street Art Festival has been ranked as high as #23 in Sunshine Artist's top 200 fine art festivals in 2017!!! This established show will feature 100 artists from around the country. Artists will present ceramics, mixed media, fiber, jewelry, painting, wood, glass, sculpture and much more! You won't want to miss this fabulous summer weekend of art and mountain ambiance.


Bluegrass and Beer Festival

Aug 3 at 1 PM – Aug 4 at 5 PM in Keystone

Keystone brings the wonders of Appalachia to the Rockies. Down-home cooking, frothy flavors and mountain music are just a piece of the pie. In a whirlwind of hillbilly luxuries, folks gather while 40+ craft breweries from Colorado and beyond showcase their unique blends of hops and barleys. Live music kicks up on three stages and the “best of the best” grace us with their presence throughout the two days.

Breckenridge Hogfest - Bacon & Bourbon

August 23-25 - The Village

A picture containing cake, foodDescription automatically generated“Keep your friends close, and your bourbon closer." - Old Kentucky Proverb. Bacon & Bourbon Fusion Bacon is the most loved food in the universe and the route to all things swine and divine. Add the quintessential American liquor, bourbon; mind blown. These indulgences come together for the Breckenridge HogFest - Bacon & Bourbon.

Bourbon Pairing Dinner - Friday, August 23rd, 2019
VIP Access - Saturday, August 24rth, 2019
Brunch - Sunday, August 25th, 2019

Breckenridge Oktoberfest

September 6-8 Breckenridge Main Street

A group of people posing for the cameraDescription automatically generatedBreckenridge Oktoberfest, September 6-8, 2019, is the largest street party in the Rocky Mountains. Join us on historic Main Street where Munich meets the mountains for views, brews, yummy food, live music and more!

With more than three-dozen genuine German cuisine and brew vendors, German-themed games including Hammerschlagan, Bavarian lederhosen, Oompah and polka dancing, Oktoberfest Breckenridge is an event not to miss!




June 14, 2019

10 Favorite Things to Do in the Mountains this Summer

Enjoy the most exquisite venue next to Red Rocks - Dillon Amphitheater

Inspired by our scenically spectacular lakeside venue over-looking the majestic Rocky Mountains, we delight in the opportunity to challenge attendees with diverse and engaging live performances, offer an incomparable guest experience and provide authentic and dynamic interactions with our community and visitors. Concerts are held all summer long with great names like Clint Black, Bodeans, Michael Franti, Colorado Symphony, String Cheese Incident, and many others. Don’t miss the Free Movie nights as well, that’s just great fun!

Visit Isak Heartstone

After spending the winter in warmer air, Isak is returning to Breckenridge in the spring of 2019 to settle back into the forest. Isak is Breckenridge’s 15 foot wooden troll capturing the hearts of many last summer. Isak welcomes those who will love his home as he does and leave no trace on his new surroundings. Isak Heartstone is a large-scale, wooden troll sculpture by Danish artist Thomas Dambo, known for building playful sculptures out of recycled material.

His new home is off the Illinois Gulch trail behind the Stephen C. West Ice Arena. The Trollsteigen Trail is a one-way directional trail and is the only way to visit Isak. 

Whitewater Rafting

If you’ve never been white water rafting, you’re in for a treat this year! Arkansas River Rafting is truly one of Colorado’s greatest mountain adventures. Among the nation’s most sought-after whitewater, the Arkansas River in Colorado plunges 5,000 feet in its first 125 miles. The thrill of whitewater rapids both big and small, spectacular views of the Rocky Mountains’ highest “fourteeners” (14,000-foot peaks) and local wildlife (bighorn sheep, deer, elk, birds and more) make whitewater rafting on the Arkansas Rivers true Colorado adventure.

Discover Fairy Magic on the Trails

This has been a long time local secret, and has become more widely popular. 

Love to hike with the little ones? Breckenridge has its very own Fairy Forest trail. What began as a creative game of fairy hide-and-seek blossomed into a community collaboration, as neighbors and locals discovered and added to the charming collection of fairys, mushrooms, and trolls. Start at Breckenridge Ski Resort’s Snow flake chair lift. The fairs await along a gentle shady trail that meanders amount the tall trees on the Four O’Clock Trail.


Copper Mountain Fun Park

Looking for a fun Family Adventure Park that won’t break the bank? There is something for all ages to do at Copper in the Summer. Channel your inner ninja on the Woodward WreckTangle outdoor obstacle course, ride the longest Mountain Coaster, Zip Line over the pond, race your family in your own Go Cart, and more! 2 for 1 passes available this summer.


A person riding a bike down a dirt roadDescription automatically generatedBreckenridge is a mecca for bikers of all kinds. From road bikers to mountain bikers to cruisers and everything in between. Discover the seemingly endless trails, paths and bike parks for every level of rider and get ready to take in the views on two wheels. Mountain Bike from the chair lift at Breckenridge or Keystone, Ride the Vail Pass downhill, or Freestyle on any one of our amazing bike trails all around. Rent gear or bring your own! Biking with the family? You can always put your bike on the Summit Stage to get back to your home base!


A person flying through the air on a fieldDescription automatically generated


Take a swing at Breckenridge’s 27-hole golf course, one of the few Jack Nicklaus designed municipal golf courses in the world, complete with a driving range, practice putting green and clubhouse. Try to focus on the turf and not the views of the Ten Mile Range. Breckenridge Golf Club offers Pass Cards to residents of Breckenridge, Upper Blue second homeowners, or residents of Summit and Park Counties. Play for only $44/round. Breckenridge Golf Club is also offering a Summer Renter Punch Card. The card is designed for those individuals who aren’t property owners of Breckenridge, but will be staying a minimum of two weeks during the summer months. These are $85/round. Buying in Summit County has its privileges.


Hang at the Lake (Frisco or Dillon)

A small boat in a large body of waterDescription automatically generatedNothing screams summer like the scenic Dillon Reservoir in the heart of Summit County, Colorado. The Reservoir spans 3,300 acres and boasts 27 miles of shoreline surrounded by majestic peaks. At 9,017 ft. in elevation, the boating season is weather dependent, but typically runs from early June to early or mid September. The Reservoir has 2 marina’s, Dillon Marina and Frisco Bay Marina and brings lake life to this quintessential mountain town with boat, kayak, and paddle sport rentals, a sandy beach and waterside dining.

Farmer’s Markets

What's not to love about a farmers market? Where else can you shop with a direct view of towering peaks, buy directly from an artist or a farmer, do some yoga on a manicured lawn, listen to live music while supporting local economies. Summit County is home to several summer markets. On Sundays you'll find the Breckenridge Market at the south end of town at the corner of Park and Main in the Main Street Station courtyard. Live music, fresh bread and flowers, Colorado farms, artisan goods, chair massage and more are all represented in this pleasant shopping experience. Over in Dillon the farm vibes are strong. The Dillon Farmers Market will be located on Lodgepole Street adjacent to the Dillon Reservoir. The Friday Dillon Farmers Market has a great showing of organic produce, bath products, kombucha, and also features live music at 10:30 a.m – 1:00 p.m.


SUP Yoga

Stand Up Paddleboard Yoga is fun, challenging, and relaxing all wrapped up in an inspiring experience on the water. SUP YOGA is accessible to everyone willing to step out of their comfort zone and practice yoga on a floating surface. Take your mountain yoga experience to the next level and join Meta on the water this summer! Meta Yoga Studios hosts SUP YOGA classes Thursday - Sunday during the Summer months of June, July, and August.



I love helping great clients buy and sell Real Estate in the Mountains. If ever there is anything I can do for you or someone you know, please don't hesitate to reach out! We're here to help.

May 23, 2019

Why we Love the Mountains in the Off-Season

Here in Breckenridge, we really have three seasons rather than four: Ski season, summer and mud season. The latter is aptly named, considering it is the time when the snow is melting and trails become messy with mud. This year is truly one of our most Epic Years with the Ski Resort extending it's opening to June 9th, well past Memorial Day Weekend. May and June are pretty much the epitome of mud season as are experiencing the wonderful summer sun mixed with crazy snow showers, warmth and wildflowers not fully arrived. May and June (barring any unseasonal snowstorms … never out of the question) are the town’s best kept secret. While some think that Breck becomes a ghost town this time of year, there are actually many things to love about it.

Restaurant deals

Aurum in BreckenridgeLocal eateries like to honor locals and anyone who comes to town for the off-season by offering two-for-one dinners and a slew of other yummy specials. Nearly three dozen restaurants comprise the Breckenridge Restaurant Association, which is offering a Spring Dining Passport full of coupons for fantastic dining specials through June 6. Passports can be picked up at all participating restaurants or at the Breckenridge Welcome Center. The Passports, valid for two people, are available for a $10 donation, which benefits scholarships for restaurant industry-bound local high school graduates.

Skiing and Riding

What?! Yes, it's true! Breckenridge has extended their season to June 9th (weekends only after Memorial Day weekend) The ski season is still charging in all of it’s slushy glory with a ton of terrain still open and great events throughout May. 

Experience our Phenomenal BreckCreate Art

BreckCreate light FestivalWAVE: Light + Water + Sound, an exhibition of cutting-edge works of contemporary public art presented from May 30–June 2, 2019. The free four-night festival features interactive artworks, temporary installations and performances in and around the Blue River Plaza in downtown Breckenridge, transforming the river, bridges and waterfront area into outdoor canvases, stages and exhibition spaces.


Putting away winter gear = way more closet space

So this may have to wait, but ... Have you ever noticed how a winter parka takes up as much space as about eight sundresses or 12 T-shirts? Shove it away, people. Revel in the possibilities. You could practically rent your closet as an extra bedroom, it’s so delightfully spacious all of a sudden.

Town is tranquil

Ghost town is simply not the way to explain it. The way that the majestic, partially snow-covered peak loom over a quiet Main Street inspires an unmistakable sense of Zen. The chatter of returning robins and hummingbirds are the soundtrack. Soak it up.

May 23, 2019

What Investors should know about 1031 Exchange

A 1031 exchange is a fantastic real estate investing maneuver. Exchanges allow the deferment of capital gains tax, depreciation recapture tax, healthcare tax, and state tax on the sale of investment and business-use property. But, exactly how does a 1031 exchange work? These transactions are for business use or investment property only. And, there are critical timing rules of a 1031 exchange you must meet when identifying and closing on replacement property after your original property sells.

Thanks to IRC Section 1031, a properly structured 1031 exchange allows an investor to sell a property, to reinvest the proceeds in a new property and to defer all capital gain taxes. IRC Section 1031 (a)(1) states:

“No gain or loss shall be recognized on the exchange of real property held for productive use in a trade or business or for investment, if such real property is exchanged solely for real property of like-kind which is to be held either for productive use in a trade or business or for investment.”

How To Do a 1031 Exchange

To understand the powerful protection a 1031 exchange offers, consider the following example:

  • Assume an investor has $400,000 in gain and also $400,000 in net proceeds after closing. Assuming an investor with a $400,000 capital gain and incurs a tax liability of approximately $140,000 in combined taxes (depreciation recapture, federal capital gain tax, state capital gain tax, and net investment income tax) when the property is sold. Only $260,000 in net equity remains to reinvest in another property.
  • Assuming a 25% down payment and taking on new financing for the purchase with a 75% loan-to-value ratio, the investor would only be able to purchase a $1,040,000 replacement property.
  • If the same investor chose to exchange, however, he or she would be able to reinvest the entire gross equity of $400,000 in the purchase of $1,600,000 replacement property, assuming the same down payment and loan-to-value ratios.

As the above example demonstrates, tax-deferred exchanges allow investors to defer capital gain taxes as well as facilitate significant portfolio growth and increased return on investment. In order to access the full potential of these benefits, it is crucial to have a comprehensive knowledge of the exchange process and the Section 1031 code. For instance, an accurate understanding of the key term like-kind – often mistakenly thought to mean the same exact types of property – can reveal possibilities that might have been dismissed or overlooked. Asset Preservation, Inc. (API) is your resource to obtain accurate and thorough information about the entire exchange process.

If there is every anything we can help, whether planning for the future, or contemplating possibilities please don't hesitate to reach out to us. 

Information Provided by Asset Preservation. 

May 21, 2019

Get our New BreckLiving Live MLS App

Ever stood in front of a home for sale and wanted to know the details instantly? Curious about the market, but not ready to buy yet? Want to see what homes are for sale and have sold around you?


Connect with me through our New BreckLiving Summit Area MLS-Client® mobile app. Easily get FREE access to the MLS® right in the palm of your hand. Search for your dream property in your favorite neighborhood and still get my real estate expertise. Click Here ( to Download the App!!



Search the MLS®

Get complete and immediate access on the map or by search criteria to all active, pending, sold and expired listings.






Point your device toward a nearby property and get the full listing information for this property instantly.


Incisive Market Stats

Keep your expectations in check and strengthen your position with instant market stats.






There's so much power in the palm of your hands. Click Here ( to Download the App!!