Breckenridge Real Estate Blog

Good News for Once

Colorado Department of Revenue reports sales tax collected for December 2007 rose 28 percent to $161.6 million from the same month of 2006. Collections of sales tax for the first half of the states 2007-08 fiscal year, which started July 1, 2007, increased 9 percent to $1.08 billion from $991.3 million for the same period of the previous fiscal year.

We don’t like to talk about taxes and we certainly don;t like to hear them increasing, going up or government getting more. The truth is it is a necessary evil and it gives those I sometimes refer as smarter then I run the state, fix the roads etc.. It helps all have a better quality of life.

However in lieu of the current economic condition of wall street and talk of a recession on an increase an increase in the collection of sales taxes means people have money to spend. Colorado’s third largest industry is tourism. It’s a stealth industry. It’s our third-largest source of revenue after the military and manufacturing.

You drive by a hotel and you don’t think of the 160-200 employees who have jobs there. More than 14,000 people are employed locally by the tourism industry. I see this as a positive for the people is Colorado.

Breckenridge remains a hot destination. Buoyed by good snow, great national press, strong real estate sales, a wider variety of activities and more terrain, Breckenridge ski resort is attracting bigger crowds and filling local cash registers.

Traffic at state ski areas continue to rise 2007 was up 1.4 percent from the before year, according to industry trade group Colorado Ski Country USA. The volume has grown for a number of reasons, experts say, including the addition of resort amenities that appeal to destination visitors and technological advances in equipment that help baby boomers keep skiing longer.

The recent explosion of mountain real estate development and a very strong real estate has also helped grow a base of faithful skiers.

The weaker U.S. dollar also has drawn more international skiers to Colorado than in past seasons, and Europe’s dismal snow this past winter has helped continue that trend, said Colorado Ski Country spokeswoman Molly Cuffe.

Resource
A Colorado Rental Property Resource for both landlords and tenants can be found at http://www.coloradorentalproperty.net . Online land lords can post detailed information regarding their rental property, including 5 color photos. The ad can be self directed by the landlord to their cell phone or property management company. This is a service provided FREE by RealEstateColorado.Net and the ad will remain on line until it is asked to be removed.

REAL ESTATE
If you would like additional information about real estate in Breckenridge Colorado as well as anywhere in Summit County Colorado contact us at 1-800-791-3990 ext 421.

Jeffery McClintock is a real estate broker in Summit County and prides himself on providing clients with professional guidance in all phases of residential new construction, including market research, product development, consulting, marketing and advertising. His personal mission is to bring to you a level of knowledge, experience, commitment, high standards and results to answer your real estate needs. He believes, the most effective way to provide superior service is to build a strong working relationship with you. His system includes regular consultations and feedback, which is the best tool for identifying and clarifying your real estate objectives and help define strategic solutions.

Jeffery has been a licensed Realtor since 1995. During this time he has successfully closed over 135 million dollars of residential real estate, and 40 million dollars in un-improved land amounting to 660 real estate transactions. His professional experience includes the Denver Colorado front range and the Second Home market in Breckenridge, Colorado located in Summit County.