THE AMY NAKOS GROUP blog
Summit County Real Estate News & Market Insights
Lies, Damned Lies and Statistics
Time to crunch some numbers. I always try to give you a variety of resources when presenting market reports. This month, I’m using data collected from Land Title Guarantee Company along with some stats from my MLS program called InfoSparks. You know the old saying,...
New Listing: Rare Timberline Cove Condo in Frisco
1101 9000 Divide Road #205 Frisco, CO 80443 3 BR, 4 BA 2,766 SF Listed at $2,050,000 Rare Timberline Cove Condo in Frisco! Prepare to be amazed. This spacious and bright home captures jaw-dropping views of Lake Dillon and the Continental Divide. With three large...
Kindred in Keystone Update
Kindred released new units last week! Estimated completion is late 2023 or early 2024. Groundbreaking is underway to prepare the site, but development has not started yet. The Kindred team has also provided some rental projections which are attached. Please let me...
Short Term Rental Summit County Update October 2021
As I talk with potential buyers and existing clients, I realize there are a lot of misunderstandings about what rules are in place, what rules are proposed, and where these rules apply. I am hopeful this article breaks it down for you, so you have a better...
What Will Happen to the Summit County Colorado Real Estate Market When Short Term Rentals Are Limited?
Opinion Piece, by Amy Nakos There have been some drastic changes in the landscape of Summit County Colorado short term rental regulations. I have written an article with the facts, but here is my opinion. I get asked a lot about what I think about short term rental...
The Threat to Short Term Rentals in Breckenridge and Summit County – September 15, 2021 Update
Last month, I reported on the Mountain Migration report with a shift in mountain town demographics and the effect it is having on local communities. I also recently published a blog post and video discussing the Breckenridge Town Council’s move to restrict the number...
Storm King Mountain Homes in Frisco, CO
Storm King Mountain Homes are Frisco, Colorado’s latest new construction luxury homes located just three blocks from Frisco’s Main Street featuring roof top decks with 360-degree views of the surrounding mountain ranges. Newly imagined and newly designed, these homes...
Update on Breckenridge Town Council and Potential Limit on Short Term Rental Units
On August 24, 2021, the Breckenridge Town Council instructed staff to create legislation that would cap the number of short term rental permits to 2,200. Currently there are 3,945 short term rentals with approximately 1,500 of those being part of condo-tel or resort...
Short Term Rental Dilemma
Our community, along with many resort communities, have lost many local workers at the inception and during COVID. Shifts in where people live and work have quickly changed the fabric of our local residents and workers. Many remote employees have decided to live in...
Mountain Trends Summit County Real Estate Market Q2 2021 Report
Every six months, we download loads of Summit MLS data, crunch it, and then come up with our amazing Mountain Trends booklet! Some highlights include: Average price in Summit is $1,000,000 Average prices are up anywhere from 16-26% depending on geographic region Sales...
Mountain Migration Report
*Photo Credit - Sonya Dalrymple How Has Housing Changed in Summit County? Summit County housing, like all mountain towns in Colorado, and all resort areas in the country, changed in dramatic and unprecedented ways due to the COVID-19 pandemic and double digit...
Introducing Jennifer Luberto
Hello Everyone! I'm nearly 3 years new to Summit County by way of New Jersey and so excited to be a part of Your Castle Summit and Team Nakos! Prior to moving to Summit County I lived in New Jersey, working in industries ranging from automotive to private equity. I...