THE AMY NAKOS GROUP blog
Summit County Real Estate News & Market Insights
Summary of Silverthorne and Keystone New Construction Projects
I had a few clients recently ask about the new construction offerings in Silverthorne. You can’t help but notice all the construction along Highway 9 when driving north towards Kremmling. There is also a new construction project in Keystone, called Brightwood, located...
Real Estate Market Report for Summit County October 2023
There were 142 sold listings in Summit County in September. Not great, not terrible. Pretty much in line with the level of activity we have seen this summer. Nothing can really compare to 2020 and 2021 with the Covid influx of buyers. So, it looks like we are back to pre-pandemic sales numbers.
Five Star Luxury Amenities in Breckenridge
Everyone, meet my friend Tammy Cecconie. Tammy works with Breckenridge Grand Vacations and helps people like you experience a luxury ski in/ski-out amenity-rich experience in Breckenridge. She gave me a tour last week of the Grand Colorado on Peak 8, and I realized...
Real Estate Articles About Resort Properties and Affordability
*featured image from SDN Affordable housing is THE hot topic around the country as real estate demand has increased, building has decreased, and prices have surged. These issues are even more apparent in resort markets, like Summit County, where demand for real estate...
September 2023 Real Estate Market Report
We completed our Mountain Trends report for 2Q2023 with data through June 30, 2023. I have included a FULL copy of the trends packet that covers not only Summit County, but also Grand County, Vail/Beaver Creek, and Durango. You will see that there is a slight decline...
Be The Best You Can Be – Books that Shaped Me
I spoke on a panel at Your Castle’s last company meeting earlier this month. I was asked to share tips on how to create a thriving business. I thought a lot about what I was going to say: Hard work, dedication to clients, long hours, nights and weekends, highest level...
August 2023 Summit County Real Estate Market Report
Last month I was disappointed in the drop off in transactions in our market. July is a bit higher, but is still below historic numbers. July 2023 has a total of 122 closings. Historically this is at about 65-70% of usual transactions. July 2022 was also quite low, at...
What Do Realtors Actually Do?
Do you ever wonder what real estate professionals actually do? Here is a list created by the National Association of Realtors. I look forward to continuing to do these 179 things, and more, to help you build wealth through real estate!
Deed Restricted / Affordable Housing in Summit County
If I were to ask you the percentage of Summit County locals who are currently living in deed-restricted housing, what would you guess? 5%, 10%, 25%? The number, according to my calculations, is around 15.5%. This housing base is keeping many people here who run our...
July 2023 Summit County Market Report
I have been watching one statistic closely because I think it best tells the state of our current market: Number of Sold Residential Properties. This metric is the real time data of how quickly properties are moving. In my personal day to day business, I can tell that properties are taking longer to sell and that buyers aren’t as motivated as in the past. This necessarily will lead to slower movement of inventory. But how much slower? And how does that translate into pricing?
Fundraising and Lawsuit Efforts against Breckenridge and BOCC
In the past year and a half, short-term rental restrictions have been instituted in 5 jurisdictions in Summit County: Breckenridge, Frisco, Dillon, Silverthorne and Summit County Unincorporated areas (aka, properties not within a town’s limits). Only Dillon and Blue River have continued to allow STR licenses to be issued without caps on the number of total licenses.
2023 Reappraisal and Appeals With Summit County, County Assessor Lisa Eurich
You can make an appeal by June 8, 2023 for Summit County Tax Assessment. Appeals can be mailed, emailed, or submitted online. Email is probably the best way since you can include attachments. Appraisal date is June 30th. Owners who feel the value on the NOD is not reflective of their property’s value on June 30, 2022 can appeal further to the County Board of Equalization