| There are a lot of similarities between resort towns | | | | property. |
| across the U.S. Most of them are there for their | | | | One statistic that contradicts that Breckenridge is in a |
| fabulous snow and slopes, or have become attractive | | | | slumping market is that, although the whole of |
| due to the notable celebrity of the moment making it | | | | Summit County saw about a 14% decline in sales |
| fashionable to live there. However, whether the real | | | | from 2007 to 2008, there was also a spike in |
| estate landscape has any indicative mark on its | | | | average price of the homes by about 19%. This |
| quality, Breckenridge has held its own in the land | | | | probably means that the few of those who are |
| buying market. Much of this is because her core | | | | actually are selling are in not that big of a hurry to sell |
| audience does not intend to move anytime soon. | | | | and realize there is high value in the property, |
| Breckenridge has a lot of permanent homes in the | | | | especially due to the surrounding attractions and |
| area, mostly because of it's proximity to Denver. The | | | | convenient access to the big city of Denver via the |
| Denver Sprawl is a good sign of big time population | | | | I-80. |
| boom, and more and more retirees in the area come | | | | Another statistic about second home buyers (who a |
| to Breckenridge to have as a second home. It's | | | | majority of Breckenridge's buyers are) is that when |
| thought by some real estate agents that baby | | | | the National Association of Realtors did a national |
| boomers are looking for a place to, not only get | | | | survey, they found that 38% planned to keep their |
| away for fun, but were their families can meet for a | | | | home 11 years or more, with a median time of 10 |
| weekend or holiday, while taking in the sights and | | | | years. |
| sport. | | | | Vacation homes in total are actually bucking the |
| Like most of the country, the wave of foreclosure | | | | trend. And another reason that the National |
| loans hit the Denver area pretty hard leaving a lot of | | | | Association of Realtors thought believed this to be |
| empty homes and desperate sellers. However | | | | true is that second home buyers from foreign |
| Breckenridge homes sales have seen their local real | | | | countries are learning of popular vacation home spots |
| estate market pretty even. It has not really followed | | | | like Breckenridge Colorado. Real Estate in |
| the national trend and this may be due to a loyal | | | | Breckenridge seems to be in the crosshairs of a |
| core group who has hung on to their investment | | | | unique group of interested parties. |