Crested Butte, CO Real Estate News

By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, One sign that real estate may be on the mend.  With interest rates at all time lows and many qualified buyers actively purchasing it appears the Manhattan real estate market has gained some strength.  Hopefully this summer in Crested Butte we will have many more sales than last.  We are already have 50% more properties sold or under contract this year so the future is looking bright for a reduction in inventory.Contact me if you would like some available listings sent your way.Cheers,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 Manhattan housing on the rebound NEW YORK (CNNMoney.com) -- Manhattan home...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Channing Boucher of Benson Sotheby's International Realty in Crested Butte Colorado just sold Lot 4 at the Slate River Estates neighborhood in rural Crested Butte. Located just 2 minutes from downtown Crested Butte, the 1.7 acre parcel was the original Slate River Estates developer's personal parcel. The homesite features commanding views in all directions including an unobstructed view of Mt Crested Butte and the Paradise Divide mountains. The parcel was listed by Prudential Realty in Crested Butte and it sold for $300,000.
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
View the Crested Butte Real Estate Insider Issue #6 Online Here Happy Independence Day from Crested Butte Colorado!The summer is in full swing in Crested Butte. Many special events and activities are on the calendar for the 4th of July and the weather has been incredible.Crested Butte Mountain Resort (CBMR) has been busy with improvements. The ski company announced recently they will be renovating the Treasury Building to add more seating and new restrooms. The popular Trailheads Children's Museum has moved across the walkway to the Outpost Building. On the ski hill, CBMR is glading different areas to open up some new ski lines and most importantly, the Paradise Warming Hut sewer is being fixed. If you have ever waited in the lift line at Paradise you know what this means! Hooray!CBMR h...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
  Hi Everyone, The weather is perfect, the flowers are blooming, the mountain bike trails are riding so good and the people are friendly.  Come out to Crested Butte for the 4th of July as there isn't another place as beautiful or special.  With so many fun things to do this coming week how could you justify going anywhere else. Cheers, 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 Star Spangled Butte: What’s happening in Gunnison and Crested Butte this Fourth of July June 29, 10:09 AMDenver Ski and Snow Report ExaminerRegan Dickinson If you’re looking to get away this weekend – far away, but still not out-of-state ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
I for one can say the condo market here in Crested Butte has been hit the hardest.  With prices as low as $349 a square foot for true ski in/ski out the deals have never been this good.  You would be very hard pressed to find prices as low as this in any other ski resort in Colorado.  Call me for a current list of available Crested Butte condos or visit my website to search the MLS privately and securely. 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 n...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Wow, wouldn't this have been a great idea from the beginning?  It takes time, effort and documentation to borrow large sums of money, what a concept.  The major impact?  Those who shouldn't borrow money will not be able to and those that can the process will just take longer.  I have already upped my loan conditions deadline from 30 to 60 days now for all my buyers.  If you're qualified it is one of the best times in history to get that dream vacation home in Crested Butte.  Give me a call. 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...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Really?  A housing shortage?  Seems like wishful thinking to me but numbers don't lie.  Read the following articl for yourself and come to your own conclusions.  Interesting none the less.  Feel free to call me anytime regarding real estate in the Crested Butte area. 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 - 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 (CN...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone,   This Crested Butte update is dedicated to all my clients living in Houston.  You will now have direct flights to Crested Butte seven days a week!  I know you all have been waiting a long time for this so I couldn't be happier to bring you this news.  But the good news doesn't end there!  Please continue reading for Snograss, current real estate, airline, Mt. Crested Butte Performing Arts Center, mountain improvement and many more updates.  With prices in Crested Butte at their lowest in years we have seen a massive increase of sales this year compared to last. For the latest and most up to date news on Crested Butte please visit my website www.CrestedButteForSale.com and please, never hesitate to call me anytime if you have any questions regarding the Crested Butte market...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
by Colorado Coalition for the Homeless Category: Press Releases || Property, Rentals, Transactions, Technology | No Comments EUGENE, OR - June 14, 2010 - (RealEstateRama) - Crested Butte, Colorado real estate broker Channing Boucher has teamed with IDX, Inc. to create an easy-to-use professional website, changing the way he conducts business online. The efficient IDX Broker software syncs Boucher's website directly with Gunnison Country MLS (GCMLS) listings, to display a comprehensive real estate listings database from the convenience of the Benson Sotheby's International website. Combining GCMLS listings with the properties Boucher represents gives home seekers in and around Crested Butte the most in depth and reliable online property search around. With the revolutionary technology ID...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, Come on up and enjoy everything our magnificent restaurants have to offer.  What a great deal to enjoy meal after meal of some of the best food in the country with the best views in the country. Want to look at some property while you are here? 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. Cheers, Corey Dwan - REALTOR Benson Sotheby's International Realty P.O. Box 210 433 Sixth Street Crested Butte, CO 81224 970-596-3219 Cell 970-325-3219 World Wide Cell 970-349-6653 Office 970-797-1810 Fax www.CrestedButteForSale.com June 8,...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, Just found this article about my website.  It is true, it is easy to search for properties in the Gunnison Valley.  Try it out for yourself. "Corey is not only a service-oriented, organized and communicative Realtor, he's a resourceful, proactive marketer. He thinks outside the box; he utilizes electronic media broadly, and works collaboratively with other Realtors to bring the right clients to the right property for the right price." Diane Clow, Denver - Colorado "Now that the long ordeal is over and we have finally closed, I wanted to complement you on your professionalism and your knowledge of the Crested Butte Real Estate market. I have never before closed on a property that had so many problems and involved so many people. Thank goodness for your bulldog tenacity with ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hello Everyone, Well to my surprise and the surprise of many the appeal for the initial decision on Snodgrass has been denied.  Now many of you may think this may be a huge blow for Mount Crested Butte but it may be a blessing in disguise.  With Snodgrass not being the main focus Crested Butte Mountain Resort (CBMR) can focus on our current mountain and it’s lack of amenities.  Plans are in motion right now for the North Mountaineer Square, our current dirt parking lot, which will be transformed into an amenity rich base area with two levels of covered parking, restaurants, shops and new conference center (click link below to view Master Vision).  In the years past we have enjoyed over 500,000 skier visits a year with our current terrain so obviously everyone who visits, owns or plans ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Crested Butte, CO — For thirteen years, the Crested Butte Music Festival (CBMF) has turned Crested Butte into one big concert hall in the summer, with music resounding from outdoors venues, hotels, stunning private homes, churches and barns. This summer, for the first time, CBMF will host “Bluegrass in Paradise”, a five-day festival for one of the most popular musical genres in the American West. From July 6-10, both traditional bluegrass and “newgrass” will be showcased in a range of events: a three-day camp for kids, workshops for adults, children’s performances and six top-level bands. For five days of foot-stomping fun, learning, and camaraderie, “Bluegrass in Paradise” will keep festival goers on their feet. The host of the Festival is internationally acclaimed newgrass star – and ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
New Home Sales Soar 15% in April NEW YORK (CNNMoney.com) — New home sales soared in April as homebuyers rushed to claim the tax credit that expired at the end of the month. New home sales climbed 14.8% to a seasonally adjusted rate of 504,000 last month, up from an upwardly revised 439,000 in March, the Census Bureau reported on Wednesday. Sales year-over-year were up 47.8%. Read the Whole Story This may be a good sign.  Let’s pay particular attention to the Crested Butte real estate market this summer as I believe this will tell us if our markte is turning around.  The buyers are here mostly with cash but financing is getting more and more appealing.  Call me for more information. Born of the storied auction house, Sotheby’s International Realty continues to provide exceptional servic...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
View Channing Boucher's Crested Butte Real Estate Insider Issue #5 Happy Memorial Day from Colorado!"We visited Crested Butte for the great skiing. We moved here for the incredible summers!" - every local I know.Most of us that call this place home agree, summertime in the Butte is very special. Warm nights, blue sky days, bar-b-ques, bike rides, fishing, boating, climbing, wildflower tours, live music in the park - the list goes on.Take advantage of what we have to offer and get to Crested Butte this summer!Here is a sampling of incredible Crested Butte summertime events:Crested Butte Restaurant Week June 11-18, 2010 - Learn MoreWildflower Rush Mountain Bike Races June 19-21, 2010 - Learn MoreFat Tire Bike Week June 22-27, 2010 - Learn MoreCrested Butte Fourth of July Celebrations - Le...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, Looks like the market is picking up and after yesterdays drop in the stock market I suspect we will see even more money going toward real estate transactions.  The key word in real estate is real of which the stock market is this entity that no one can grasp.  I think we will be reporting some good numbers by the end of the year for real estate.  I've seen the signs in Crested Butte as prices have dropped more than 50%.  If you ever need help with real estate in Crested Butte, please do not hesitate to call me. Regards, 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 Pending home sales rise 5.3 percent in...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Channing Boucher of Benson Sotheby's International Realty in Crested Butte Colorado just closed on a Crested Butte luxury home located at the Buckhorn Ranch community in rural Crested Butte. The property, listed by Boucher, at 33 Buckhorn Way is a stunning 4 bedroom, 5 bathroom, 4291 square foot  mountain home. This amazing home sits on an elevated, gently-sloping 1.07 acres and features commanding views of the surrounding peaks and Upper East River Valley. The purchase was a relative bargain. The home sold for $1,324,000. Original asking price: $1,675,000. View this property's web page  
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
View the Crested Butte Real Estate Insider Newletter, Issue #4, 2010 Online Crested Butte real estate sales activity has picked up in 2010. In fact, twice as many homes, condos and townhomes have sold year-to-date compared to the 1st quarter of 2009.41 properties have closed in 2010 versus 22 sales during the same time frame in 2009.This represents over $18 million worth of Crested Butte real estate investment in 2010. Additionally, there are 18 properties under contract representing $11 million. Considering where we were last year at this time, these are promising numbers.What is causing this uptick in deal making? For starters, the high inventory of available properties has forced prices downward. Last year at this time, the average sales price on a home was $506,000. Now, the average...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
According to a survey report by the National Association of Realtors, sales of new and previously owned vacation homes rose last year, while investment-home sales dropped. Here are some of the highlights from the NAR's 2010 Investment and Vacation Home Buyers Survey. The survey includes responses from residents in 1,930 randomly selected households who bought residential real estate in 2009. The association conducted the survey in March 2010 and controlled for age and income. Vacation-home sales increased 7.9 percent to 553,000 in 2009 from 513,000 in 2008 [3], the report said. The market share for vacation homes rose to 10 percent, from 9 percent in 2008. "The typical vacation-home buyer is making a lifestyle choice, with nine out of 10 saying they intend to use the property for vacati...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
View The Crested Butte Real Estate Insider 2010 Issue #3 Online Seems like all we hear about these days is news of ski resort failures, declining skier visits and global warming killing winter but according to a recent industry report, the U.S. ski industry continues to rack up revenues. Ski resorts in the United States have shown steady increases in revenue over the last five years, according to research firm IbisWorld.  The New York Times ran an article recently about the results of an IbisWorld report on the state of the United States ski resort industry.  Interestingly, in 2009 the U.S. ski resort industry reached $2.6 billion in revenues.  IbisWorld is forecasting a 6% increase for 2010 - or $2.72 billion in revenues. The ski industry's biggest players - Intrawest and Vail Resorts ...
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