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To celebrate my birthday I reached the summit of Baldy Mountain, just up the road from our home in Sunbeam Estates, Breckenridge CO. I was on the summit by 7am. I could not think of a better way to celebrate my b-day. Love life, Daniel [All photos taken with iPhone 3G]
Each month I catch up with the Breckenridge Town Manager, Tim, and the Mayor, John, for breakfast. I always ask about how we are going in regard to revenue from tax. I use the Town of Breckenridge 1% transfer tax on real estate as a gauge of the market. At our July meeting this is what Tim Gagen told me, "If you remove the abnormal sales (timeshare and new development) transfer tax is down 25%."
Love life, Daniel Webster Johnson
(970) 393-3300
As you know each month we have a top quality crew of 'movers and shakers' that meet for breakfast with the focus on real estate in Summit County.
The banker said, "We had a commercial property in Silverthorne drop from $499,000 to $299,000 over the past year."
The appraiser said, "We are seeing the banks allowing only 90 days as the 'shelf life' of an appraisal. In the past our appraisals were considered valid for 180 days."
The title company guy said, "It seems each sale has some sort of a problem. Very few go through the process smoothly."
Love life, Daniel
