Crested Butte, CO Real Estate News

By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
With over $6mil sold in Crested Butte this year alone I can attest to my clients taking advantage of the low interest rates.  Right now could be the best time ever in over 30 years to buy the home you have had your eye on. When interest rates begin to climb I imagine they will for a while. Get in now while they are the lowest they have been in years. Cheers, Corey Corey Dwan - REALTORBenson Sotheby's International RealtyP.O. Box 210 433 Sixth Street Crested Butte, CO 81224970-596-3219 Cell 970-325-3219 World Wide Cell970-349-6653 Office970-797-1810 Fax www.CrestedButteForSale.com   NEW YORK — Rates on 30-year fixed mortgages rose slightly from their lowest level in decades, inching up to a national average of 4.21 percent. Mortgage buyer Freddie Mac says the average rate for 30-year fix...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Here is an interesting article on the further coruption of the current foreclosure market.  Get them done and get them done quick cause there will be a big bonus waiting for you. How about giving out lavish awards to bank employees that get the most loan modifications done to keep people in their homes. Cheers, Corey Corey Dwan - REALTORBenson Sotheby's International RealtyP.O. Box 210 433 Sixth Street Crested Butte, CO 81224970-596-3219 Cell 970-325-3219 World Wide Cell970-349-6653 Office970-797-1810 Fax www.CrestedButteForSale.com   WASHINGTON, D.C. (CNNMoney.com) -- As the robo-signing scandal continues to unfold, new allegations have been released about attorneys producing fraudulent foreclosure documents and receiving lavish company rewards. At one of the largest foreclosure-proce...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Sotheby's International Realty is pleased to announce another successful real estate sale in the town of Crested Butte. 30 Gothic Avenue, listed by Channing Boucher of Benson Sotheby's International Realty, was sold today for $415,000. Located in the quiet, west-end part of historic Crested Butte Colorado on 1st and Gothic Ave, this corner lot is elevated and features panoramic views west to the Paradise Divide, north to Gothic Mountain and east to Mt. Crested Butte. This lot features both street and alley access and is only a quick 2 blocks to Elk Avenue restaurants shopping and the ski shuttle to the mountain! Just Sold by Channing Boucher of Benson Sothebys International Realty30 Gothic Avenue. Town of Crested Butte, ColoradoFor more information about this transaction or the local re...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
$2.9 Million Crested Butte Home Sold By Benson Sotheby's International Realty - Corey Dwan  EAST RIVER frontage! 3700 square feet of deck juts out over the wetlands giving the overwhelming feeling of privacy on the river. A cabin it is NOT! It is amountain lodge with all of the comforts expected of a luxurious home with comfortable and very cute guest cottage; welcoming and comfortable. Check out the fabulous sun room between the 3 car garage and main home. There are only 19 homesties sharing over 1500 feet of East River frontage. This home is oneof only two sites directly on the river! There are shared pastures for horses and the top of the subdivision is National Forest. Dues pay for a full time Ranchmanager whom will care for horses and home in your absence! A great adventure awaits ...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Benson Sothebys International Realty in Crested Butte Colorado is pleased to announce another successful transaction. Benson Sotheby's agent Channing Boucher represented the purchaser of the home located at 8 3rd Street in Crested Butte.8 3rd Street is a 4 bedroom, 3 bathroom, 2300 sft. single family home that features a detached garage and accessory unit.  The property was listed by Red Lady Realty. The sale price was $850,000. Just Sold by Channing Boucher, 8 3rd Street in Crested Butte
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, Ending a perfect summer, the September weather was truly spectacular with several bright, crisp, clear, sunny days. The mountain sides were burning with gold, orange and red for almost three solid weeks as many more visitors flocked Elk Avenue this year to take in the unusually warm fall. We continue to be graced with dry mountain bike and hiking trails, clear blue skies and warm, summer like days. Crested Butte truly is one of the finest places on earth to live and visit. On the current Crested Butte real estate front September was an average month with just about $10mil worth of single family homes and condos sold in the upper valley. This is down $3mil from September 2009 although we do currently have over $21mil under contract and many more in negotiations. We have sol...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, Ending a perfect summer, the September weather was truly spectacular with several bright, crisp, clear, sunny days. The mountain sides were burning with gold, orange and red for almost three solid weeks as many more visitors flocked Elk Avenue this year to take in the unusually warm fall. We continue to be graced with dry mountain bike and hiking trails, clear blue skies and warm, summer like days. Crested Butte truly is one of the finest places on earth to live and visit. On the current Crested Butte real estate front September was an average month with just about $10mil worth of single family homes and condos sold in the upper valley. This is down $3mil from September 2009 although we do currently have over $21mil under contract and many more in negotiations. We have sol...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
View Crested Butte Real Estate Adviser 2010 Issue #9Hello from Crested Butte! Summer has come and gone in Crested Butte. While you can still ride a bike on our trails or hike a peak in your tennis shoes, everyone around here is getting ready for winter. Opening day for the 2010-2011 ski season is less than two months away! Up at the ski area, improvements are underway to make the upcoming ski season a special one. The ski company added new snowmaking, cut some new trails, gladed some other terrain, moved the terrain park complex to the Gold Link portion of the resort and improved the Treasury Center facility at the base area. Read this recent article from The Ski Channel to learn more. Snodgrass NewsThe discussion of lift-served skiing expansion onto Snodgrass Mountain evolved into a re...
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By Joni Bailey, Your Huntsville / Lake Livingston Area REALTOR®
(101 Main St. Realty)
Our final day in Colorado was spent driving to Crested Butte, Gothic and on up to Emerald Lake. Crested Butte is a cute little ski town with narrow roads, quaint shops and beautiful lamp posts at each intersection. I could imagine these very streets covered with snow and I could see it in a Thomas Kincaid painting. It must be beautiful here at Christmas.     Like the good little tourists that we were, we stopped at the visitor’s center to get a picture of the largest elk ever killed in the U.S. until 2 years ago--AND to visit the restrooms. This was the REAL reason we stopped. It was quiet a luxury considering we have been using RV toilets for the past 9 days. Sorry—TMI. ☺    After Crested Butte, the next town that we went through was Gothic. There we found the Rocky Mountain Biological...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Hello from Crested Butte! The real estate market in Crested Butte is picking up momentum as we head into September and the "Fall Colors Season". It appears the high-end real estate market is back in vogue as heavily discounted luxury homes, townhomes and condos around the valley are attracting saavy investors. The current deal making is made up of mostly luxury properties. 41 homes and condos have gone under contract in recent days. This represents almost half of ALL the deals we realized from January 1 to date and $31 million in pending sales volume. During the first 8 months of 2010 we sold 87 homes and condos representing $42 million in volume. Interestingly, the average and median sales price among these current contracts is up dramatically compared to the deal making we experienced...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
  Benson Sotheby's International Realty has put $14mil of just our own listings under contract in a 40 day period.  The brand is strong and so are it's Brokers!   Whether you are inquiring about Crested Butte homes for sale, Crested Butte condos for sale or Crested Butte land for sale or wish to sell your Crested Butte home, condo or land I have vast knowledge of the Gunnison Valley to assist you. As a Benson Sotheby's International Realty real estate agent and Realtor I have unrivaled access to qualified people throughout our global Sotheby's network. Please take a moment to get to know me better by clicking About Me and Testimonials. You may search the Crested Butte MLS listings via my Crested Butte property search page anytime of the day as well as set up My Listing Manager to notify...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Now this is some good news I can handle for Colorado.  I have had the same feelings about our market in Crested Butte, CO but just barely.  I believe we may be at the bottom, but it will be a slow moving bottom in this cycle so plenty of time to get an incredible investment. I specialize in luxury homes and estates, ranch and acreage properties, condominiums, ski in/ski out, lake view, river frontage properties, golf course homes, residential and commercial developments as well as custom builder representation throughout the Crested Butte and Gunnison area. Cheers,CoreyCorey Dwan - REALTORBenson Sotheby's International RealtyP.O. Box 210 433 Sixth Street Crested Butte, CO 81224970-596-3219 Cell 970-325-3219 World Wide Cell970-349-6653 Office970-797-1810 Fax www.CrestedButteForSale.com C...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
That is the title that will be appearing on the cover of Mountain Bike Action Magazine’s October 2010 issue!  It seems that the town of Crested Butte and all that it has to offer impressed the magazine editors over the 30th Annual Fat Tire Bike Week enough to feature Crested Butte in a 15 page spread in their upcoming issue. Widely known as the birthplace of the mountain bike, Crested Butte is home to some of the best Colorado mountain biking, and single track riding. Crested Butte mountain biking is like nowhere else, with lush high alpine trails that offer everything from technical descents, to long, fast and smooth singletrack. Our high elevation of 9,000' allows for rides with some incredible and majestic scenery whether your riding in the shadow of the surrounding peaks, or hurtli...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone,   Happy Friday the 13th! It has been a great summer so far in the Crested Butte real estate market.  With Crested Butte Mountain Resort's hotel and condo occupancy for July up 25% over last summer and lift ridership up 21% it is evident this has had a dramatic impact on real estate sales.  In the Lodge at Mountaineer Square, one of the hardest hit new developments on the mountain in recent years, has seen nine sales and currently has another eight residences under contract for a total potential of $7.995mil of sales. With numerous properties receiving multiple offers and some listings being sold for full price or more it may be that we’ve reached the bottom in this segment of the market. The Tipple House ($4.489mil), 757 Ridge Lane ($2.995mil) and adjoining $800k parcel, 1...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Benson Sotheby's International Realty agent Channing Boucher has successfully brokered another luxury home sale in Crested Butte. Channing represented the purchaser of 2 Ridge Lane. The 4 bedroom, 3650 sft. custom home built in 2008 sold for $1,325,000. This extraordinary mountain home is located on a quiet cul-de-sac in the prestigious Overlook neighborhood of Mt Crested Butte.  A grand foyer and sweeping stairwell anchor this two-level home. The home offers absolutely stunning views of the ski resort, Whetstone Mountain and Mt. Emmons. And, the National Forest and Crested Butte's Upper Loop trail system is literally steps away from the front door of this amazing home.The sale is one of a number of luxury property sales occurring in the Crested Butte market in 2010. Activity in the lux...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Crested Butte Mountain Resort just sent out a mid-summer report filled with some interesting news. On the real estate sales front 2010 has been a much better year than 2009.  Ten of their Lodge at Mountaineer Square listings and another four re-sales have sold or are under contract in 2010.  Their sales department told me that numerous properties are receiving multiple offers and some listings being sold for full price or more. The resort's summer visitor business has picked up considerably as well. CBMR is experiencing the best summer business levels in the history of the company with every revenue center and operational department performing at or ahead of budget.  Their hotel occupancy for July will be up 25% over last summer and lift ridership is up 21%. The addition of Mini Golf to...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, This is a good sign.  I have noticed a few more owners here in Crested Butte starting to build their homes.  This is a trend that may be increasing as land costs and construction costs are way down.  Call me for some current listings or to be put in touch with a reputable home builder.  I specialize in luxury homes and estates, ranch and acreage properties, condominiums, ski in/ski out, lake view, river frontage properties, golf course homes, residential and commercial developments as well as custom builder representation throughout the Crested Butte and Gunnison area. Cheers,CoreyCorey Dwan Benson Sotheby's International Realty970-596-3219 Cell Corey.Dwan@SothebysRealty.comwww.CrestedButteForSale.comBy Nancy Miller, contributorJuly 30, 2010: 2:16 PM ET   FORTUNE -- It take...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone,Looks likes it not over till it's over.  Talks will resume soon regarding the proposed Snodrass Expansion.  Hopefully some ideas will come about that both sides can agree on.  Having lived in Crested Butte for five years as a licensed REALTOR in the state of Colorado, I have created a successful business and client base focusing on residential and commercial property. I am personally invested in multiple real estate ventures in Crested Butte and I'm bullish on the Crested Butte market from the perspectives of both a real estate agent and owner. I couldn't imagine living anywhere else in the world.Cheers,CoreyCorey Dwan - REALTORBenson Sotheby's International RealtyP.O. Box 210 433 Sixth Street Crested Butte, CO 81224970-596-3219 Cell 970-325-3219 World Wide Cell970-349-6653...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone,Every week in the summer we have something going on and this weekend it's the Art Festival.  Book your Crested Butte condo or home now before they are all gone.  If you need assistance try Alpine Getaways to rent the quintessential Crested Butte property for your stay. And while you are here call me to view some property, you'll need a mountain home to display all of your new art! Please take a moment to get to know me better by clicking About Me and Testimonials. You may search the Crested Butte MLS listings via my Crested Butte property search page anytime of the day as well as set up My Listing Manager to notify you of new property listings. Contact me anytime of the day to obtain my expertise as your resort property specialist in the Crested Butte area as I am committed ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, New home sale up a significant amount over last month.  We'll take any positive news we can!  Although sale remain sluggish for the year hopefully this is a sign of thinks to come.  Sales are definietly up here in the Crested Butte area as prices have fallen to the lowest they have been in years. Call me as I specialize in luxury homes and estates, ranch and acreage properties, condominiums, ski in/ski out, lake view, river frontage properties, golf course homes, residential and commercial developments as well as custom builder representation throughout the Crested Butte and Gunnison area. Regards,Corey Dwan Benson Sotheby's International Realty970-596-3219 Cell Corey.Dwan@SothebysRealty.comwww.CrestedButteForSale.com NEW YORK (CNNMoney.com) -- New home sales rebounded in J...
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