Two reasons for frustrated buyers to be hopeful. Mortgage rates are back down and inventory levels are rising. Mortgage Rates Experience ‘Summer Swoon’ as Fed Maintains Status Quo“The
Vail Valley Lifestyle And Real Estate Newsletter July 2018
Dated: July 6 2018
REAL ESTATE IN THE VAIL VALLEY SINCE 1971
The second half of the year brings with it, on average, more residential sales and dollar volume than the first half. Our busiest "season" differs slightly from traditional markets that generally are more active in the early to middle months of the year. The reasons are pretty simple - our valley goes through an unbelievable transformation after the ski/snowboard season as does the population of visitors and second homeowners. We are on the cusp of what should be a very active season and statistically, we'll see about 57% of our residential sales close between now and the end of the year. That news is good for both sellers and buyers in our market as inventory will increase through late July (sometimes into early August) and with inventory come more buyer showings and sales.
If you are a seller this "season", contact me today. Even if your intention is to sell later in the year, knowing this will help us prepare your home to sell when you are ready. This time of year, photography may capture your property at its finest. We will have time to discuss staging, any repair work necessary, draft a plan for marketing and advertising and create a first impression for home buyers that will set you apart from the rest. The changes in our market may mean price determination comes much closer to when we are ready to formally list the property so we can use the most recent comparable sales - but it is never too early to start preparing - and I can be with you every step of the way!
Finally, be on the lookout for our market statistics that will be released in early July. They'll have a breakdown of the entire market as well as each unique community in the valley.
Vail Summer Bluegrass Series - Vail Bluegrass is a four-part series on Wednesday evenings, starting on July 11th and wrapping up on July 18. Each performance features one local/regional act as an opener and a national-level headliner. In addition to the four shows at the Arrabelle, they partner with the Betty Ford Alpine Gardens to produce Bluegrass in the Gardens - an intimate, rooftop performance featuring the evening's headliner.
A little fun for the kids in the Vail Valley. From July 2-26 our little kidos can enjoy Bravo Vail: Little Listeners - Bravo! Vail musicians travel throughout the Vail Valley to perform free, fun, and engaging programs for children and families. Kids enjoy amazing music, performed live, and participate in musical activities like petting zoos where they can hold and play musical instruments. All ages welcome! These events are held at the Vail, Avon, Eagle, and Gypsum Public Libraries and are held throughout the summer.
For all those tri-athletes in the area, don't miss the LG Tri - July 7 in Eagle: - Held in memory of Laura Genelin, the LG Sprint TRI is a 500 yard swim, followed by a 12-mile bike loop, and ending with a run from the pool down the bike path to Eagle Ranch Road and back to the Eagle pool for the finish. There is also a Kids Tri option for the younger racers.
The Town of Gypsum along with Bravo Vail, the National Repertory Orchestra and the Magic Circle Mime CO. a full symphony experience from Lundgren Stage! This fun-filled musical adventure introduces young audiences to the workings of an orchestra and explores the relationship between the audience and the musician-a wonderful introduction to the exciting world of symphonic music the whole family will love!
H2O = Life Exhibit on July 13th is a not to miss production. -
The Betty Ford Alpine Gardens is hosting "Nurture / Explore / Discover at the Gardens" which is a compilation of traveling educational exhibits, interactive games and activities, Intimate Evening at the Gardens speaker series, and hands-on workshops focused on conveying the importance plants play in the health of our waterways.
Calling all Canines to this super fun event in Avon. On July 14, theColorado Disc Dogs Competition is sure to satisfy both the four-legged friends and two-legged friends. -
Colorado Disc Dogs return to Avon once again and will be held in Nottingham Park, Avon. Starting at 9am come and see the dogs fly high catching frisbees and doing acrobatic tricks! Eating the frisbee is not recommended ; )
Also on July 14th is one of the premier triathlons, The Triple Bypass.
The Triple Bypass Bicycle Ride is recognized as one of the premier cycling events in the nation. Celebrating its 30th Anniversary, the Triple Bypass takes you on a gorgeous tour through the heart of the Colorado Rocky Mountains from Evergreen to Avon Colorado. Leaving from the Evergreen area, you will travel 120 miles on gorgeous (mostly) closed roads and paths to Avon, Colorado.
If you have lived in the Vail Valley for a few years, then you already know that this rodeo is one of the best you will attend. Starting on July 25th at the Eagle Fairgrounds: 76 th Annual Eagle County Fair & Rodeo - Eagle County Fair & Rodeo returns to the Eagle County Fairgrounds July 25-28. Celebrate our western heritage at this exciting event complete with PRCA Rodeo, concerts, exhibits, 4H livestock auction and tons of fun for the whole family! The Eagle County Rodeo has non-stop entertainment including The Freedom Riders Drill Team, Mutton Bustin', wagon hitch, rodeo clown and professional rodeo contestants and their horses. Professional rodeo action consists of two types of events: roughstock events and timed events.
Sign up to maybe win a free playhouse! Sponsored by Berkshire Hathaway HomeServices Colorado Properties, find our tent and enter to win on July 19-21, at the 36 th Annual Gypsum Daze - A community event that brings friends and families together to celebrate Colorado and rural mountain fun. This year's theme is "How Country Feels". Randy Houser sings the phrase, but our residents live the lifestyle. We celebrate our ranching culture and welcome you to our community and celebrate with us! Events include: Fishing is Fun, Thursday, July 19 at 5:00pm - 7:00pm; Gypsum Daze Stampede, Friday, July 20 at 8:00pm; Youth Talent Show, Friday, July 20 at 6:00pm; Randy Houser in Concert, Saturday, July 21 at 6:00pm Doors Open; Fireman's Pancake Breakfast, Saturday, July 21 at 7:00am; Gypsum Daze Parade, Saturday, July 21 at 10:00pm; and much more!
One of the fastest growing sports has a big following here in the Vail Valley. On July 20th, enjoy playing in aPickleball Tournament - If you think you have what it takes, grab a partner and join in on the fun! If you do not have a partner, sign up anyway- you will be matched with someone awesome. This tournament will be competitive but fun and is a double elimination tournament. Costumes encouraged!! The tournament will take place at the new courts south of the Gypsum Creek Golf Course.
July 21, Avon & Beaver Creek:
XTERRA Triathlon - A Qualifier for the 2018 Championships- XTERRA returns to Beaver Creek on July 21. The race will serve as a qualifier for the 2018 XTERRA World Championship, a gold level XTERRA Pan American Tour stop and a 100-point level XTERRA America Tour championship race. The race will consist of a 1 km swim in Nottingham Lake, a 25 km mountain bike ride up and around Beaver Creek and an 8 km trail run on Beaver Creek Mountain.
A "must attend" event on July 30 - August 12, Vail: Vail Dance Festival - A celebration of dance held Weekend of July 28 through the weekend of August 11 in Vail, Colorado, it features many forms of dance, and boasts an international reputation and dedicated following. Artists that have visited the Festival include New York City Ballet MOVES, BalletX, Martha Graham Dance Company, Paul Taylor Dane Company, Pacific Northwest Ballet and stars from the Royal Ballet, New York City Ballet, America Ballet Theatre, Alvin Ailey American Dance Theater, Hamburg Ballet and Dance Theatre of Harlem.
Need more dancing in your life? Enjoy Dancing in the Park on July 30th in Avon - The Festival welcomes Alonzo King LINES Ballet in a free family-friendly show on the extraordinary stage of the Avon Performance Pavilion at Nottingham Park. Alonzo King's visionary choreography brought to life by the extraordinary LINES Ballet dancers, is renowned for connecting audiences to a profound sense of shared humanity. Also, performing will be the Celebrate The Beat All Stars.
A tough but fun mountain bike race sponsored by the Westin. August 1, Vail: Davos Dash - The VRD Westin Athletic Club Mountain Bike Race Series continues with the Davos Dash on August 1 in West Vail. Race begins at the intersection of Chamonix Lane and Chamonix Rd. behind the Double Tree (formerly West Vail Holiday Inn) and ends at the radio tower at the top of Davos. There will be an after party held at the Vail Ale House where race results will be announced, prizes awarded, and food and drinks!
A stopping point on their way to Sturgis. On August 2nd, we welcome the Veterans Charity Ride - On August 2nd, the Veterans Charity Ride will stop in Eagle, CO on their way to Sturgis and will be welcomed into Eagle a party - open to the public! If you ride, clear your schedule for the day or the long weekend and join the vets on the road as they experience some of the wonders that Colorado has to offer.
Beaver Creek, CO 81657
Abundant outdoor living with a ski-in/out location and panoramic views! Vaulted ceilings and walls of windows bring the natural light and outdoors in this well-maintained home designed for multiple families or guests. Large kitchen/dining area flows to spacious great room offering space for friends and family gatherings. Bonus entertainment room provides separation and 5th sleeping area. Offered furnished/ turn key ready to enjoy or rent tomorrow. Seller is receptive to offers.
Bachelor Gulch, CO 81620
$9,500,000 | 7 Br | 9 Ba
This thoughtful estate home has something for everyone including state-of-the-art geothermal heating/cooling system, media room, wine room, office, massage room, bunk room in addition to 2 master suites. Convenient ski-in access from Intertwine and ski-out on the Sawbuck ski run.
74 Cresta Rd. Aspenwood Lodge #314
Arrowhead, CO 81632
$1,099,000 | 3 Br | 3 Ba
RELAX Here Is The Easy Button! Turn-key Furnished And Updated Corner Penthouse With Vaulted Ceilings And Ski Slope Views, In The Heart Of Arrowhead Village, Is A Perfect Mountain Get-a-way! Just Steps To Skiing, Pool/Hot Tub, Restaurants, Golf, Tennis & Hiking. Hand-planed Floors, Custom Faux Paint, Newer Appliances, Slab Granite Countertops, Sub Zero, Heated Parking, Ski Locker And Storage Cage For The Mountain Toys.
36 Ambleside Pl.
Arrowhead, CO 81632
$2,000,000 | 6 Br | 6 (4F/2H) Ba
Carefree Living In Vail's Gated Ski/Golf Community. Entertain Family and Friends In This Impeccable Renovated Enclave Home. Open Floor Plan, Main Level Master, Spacious Recreation Room with Wet Bar, Sunny South Facing Patio Is An Oasis. Abundant Amenities Including Skiing, Tennis, Swimming, Private 27 Hole Putting Course and Fine Dining at Vista Just a Block Away! Country Club Of the Rockies and Alpine Club Memberships Available.
164 S. Fairway Dr.
Beaver Creek, CO 81620
$2,700,000 | 5 Br | 7 Ba
Schedule a Showing Sunny golf course residence with gorgeous landscaping and views of Beaver Creek Mountain. This home's vaulted ceilings and expansive living areas are enhanced by custom doors and cabinetry found nowhere else in Beaver Creek. Multiple living areas offer everyone a place to relax and the multilevel floor plan and en-suite baths provide privacy for all. This home is offered beautifully furnished minus any personal exclusions of the seller. Artwork and Lincoln Center chandeliers are negotiable.
24300 Big Sky Pt.
The Ranches at Five Pine Mesa
Toponas, CO 80479
$550,000 | Ranch/Land
ATTENTION HUNTERS and Outdoor Enthusiasts- Build Your Retreat In The Woods And Make Memories Today. Community Cabin Affords Owners Enjoyment Before Building. Yurts Approved See www.coloradoyurt.com For Ideas. Location Bordering One Million Acres Of Nat'l Forest and One Of Colorado's Largest Herds of Elk. On-site Care Taker Assures Ease Of Ownership, Peace & Quiet, Space, Views, And Access To Unlimited Recreation Activities. Five Pine Mesa Offers Agricultural Taxes Only 33.08/Yr For 60 +/- Acres
Mark grew up in Baltimore, MD and moved to the Vail Valley in 1992. He didn’t wait long after moving here to open what is now one of the most successful ski shops in the valley, Venture Sports. Seve....
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