Breckenridge Update

Market Feels More Balanced

This is NOT a trend.  It is not based on data.  What I am about to tell you is 110% my gut feeling, so take it for whatever you believe my gut feel is worth*.

In the past 8 months it has been as if the Buyers have been holding all the cards.  Oops, I need to clarify; the Buyers with the ability (cash or can prove they can get the loan) and the desire to close have been holding the whole darn deck of cards.  The Sellers have had very little leverage.  This is changing.

Sellers are starting to stand up for themselves in the past month or so.  They are beginning to let the Buyers know that they have a few good cards in their hands and that Buyers are no longer in total control.  If feels like the market is more balanced.

Hear me loud and clear:  It is a Buyer's market right now - I am just getting a feeling that is changing.

Market update:  January 2010 was my best January on record.  Property is selling.  In every transaction in January both the Buyers and Sellers have been pleased with the transaction (another reason I feel

the market is more balanced).

Love Life,
Daniel Webster Johnson,

Broker Associate                 

Resort Brokers Real Estate
100 S. Main St, Breckenridge CO
Snail mail direct - PO Box 1, 80424
Cell: 303-393-3300

*Do keep in mind I know the Summit County market well.  At least 5 days a week I am meeting with, talking to, and reviewing propety with Buyers and Sellers all day long.  These are the people who determine the market.  These are the people from whom I derive my gut feelings.

THE way to do Business Breckenridge Sytle

I don't play golf.  For me golf is too slow and takes too much time out of the summer, our prime residential sales season.  I love to ski with clients and business partners.  As I say,

"Skiing is my golf."

Love life,
Daniel Johnson
Your Breckenridge blogger
Resort Brokers Real Estate
Broker Associate
970-393-3300

Must Read Article from the New York Times

Skiers Buy Vacation Homes as Prices Fall

Love life,
Daniel Webster Johnson
The Breckenridge blogger
Resort Brokers Real Estate
970-393-3300
Broker Associate.

Beautiful Breckenridge CO

Here is just one of the many reasons people love to buy real estate in Breckenridge CO - SNOW and tons of it.  Not much we, the locals, love more than when it takes a front end loader to clear the roads!

Love life,
Daniel Johnson
Your Breckenridge Real Estate Blogger
Resort Brokers Real Estate
970-393-3300

Breckenridge Snow Sculptures

The artists have started.  Get here this week.  The Breckenridge Snow Sculptures are one of my favorite events of the winter.

For more info.

Love life,
Daniel Johnson
Your Breckenridge CO Real Estate Blogger
Broker Associate
Resort Brokers Real Estate
970-393-3300

Buyers & Sellers Agreeing at 'List Price'

Yes, you might be shocked.  I have told you about Buyers working with me that offered much lower the than the asking price and the Sellers agreeing.  Things might be changing.   I am seeing a tiny shift in the market.  Sellers are,  more and more, pricing properties to match the market.  Two examples:

• 1900 Highlands Drive, Breckenridge CO closed last week at the asking price of $1,545,000 (started on the market at $1,850,000)

• A single family home in Alpine Breckenridge priced at $499,000 went under yesterday.

If you want to be confident when buying or selling the property is right on the market value put my years of experience to work for you.

Love life, Daniel Johnson
The Breckenridge CO Real Estate blogger
Delivering Legendary Service & Results
Broker Associate
Resort Brokers Real Estate
(970) 393-3300

How to Keep Your Ego in Check...

Join my wife as a volunteer at Feed Denver @ The Urban Farm.  She will put you to work doing humble work such as shoveling horse s..t that she needs for the compost.  Photo is yours truly being reminded that to feed people with top quality food requires hard work.

Love life, Daniel Webster Johnson

Your Breckenridge CO real estate Blogger

Offering $100,000 Less for Breckenridge CO Real Estate

 7:12 pm the other night, I emailed an offer for a home near Breckenridge.  (This will give you a good feel for what is going on.)

 

Oct 2007 - on the market for the 1^st time at $719,000.

Jan 2009 - on the market the 2^nd time at $700,000.

June 2009 - dropped the price to $600,000.

November 30, 2009 - dropped the price to $500,000.

Jan 12, 2009 - last night I submitted an offer at $400,000.

 

Next week I hope to be able to let you know how the negotiations ended up.

 

This house is in great shape (renovated), has 2150 sq. ft. and an extra-large two car garage.

I'm here to answer your questions.  Text, email or phone me.

Love Life,
 
Daniel Webster Johnson, Broker Associate
Resort Brokers Real Estate
100 S. Main St, Breckenridge CO

Snail mail direct - PO Box 1, 80424
Cell: 303-393-3300 

Deals in Breckenridge CO

Happy New Decade everyone!  This year I decided to change my view.  Rather than thinking ahead for just 2010, I am looking ahead over the next decade.  I never predict the future; however, I'll take an educated guess that in 2020 we will all look back and say to each other, "Wow - glad I bought that Summit County property back in 2010 during that price slump."

 

Here are two examples of great deals I have negotiated for Buyers in the first five days of 2010:

1.      A couple went under contract for a home at $50,000 less than anyone thought the Seller would accept.

2.      For one of my commercial Buyers, we found a Seller from Florida who had to sell, so we picked up prime space in Breckenridge for less than the price of sub-prime space in Silverthorne.

 

I love, and I mean love, negotiating the best possible deals for the Buyers I represent.  I've been negotiating the purchase of real estate for 30 years and it is still a blast.

 

I'm here to answer your questions.  Text, email or phone me.

Love Life,
Daniel Webster Johnson, Broker Associate
Resort Brokers Real Estate
100 S. Main St, Breckenridge CO
Snail mail direct - PO Box 1, 80424
Cell: 303-393-3300 

Huge Bargains in Jackson Hole

Hi Everyone,  Want a deal?  I can help you buy in Jackson Hole.  If you are a Summit County Seller you will be pleased to know we do NOT have any projects in such bad shape as the example below.

Love life, Daniel Webster Johnson
Your Breckenridge CO Real Estate Blogger
970-393-3300
Resort Brokers Real Estate

"Previously listed for $1.5M - $2M.

Suggested Opening bids starting at $565,000.

The White Buffalo Club is the newest luxury hotel in Jackson, Wyoming. The White Buffalo Club only three blocks from the town square provides a private restaurant, fitness club and spa to its members and hotel guests. Nowhere in Jackson will you find superior lodging accommodations, dining or relaxation. The hotel was completed in 2008 and has the most unique floorplans available in Jackson. Combine the perfect location with the perfect accommodations and you have the recipe for a perfect Jackson vacation. A very limited number of 2 and 3 Bedroom residences with lock-outs available at auction.

Auction will be held on January 23, 2009 11AM."