Summit County, Colorado Real Estate Continues to Boom
Real estate sales around the country have been slowing this year. However, in Summit County, Colorado sales have continued to expand.
The Land Title Guarantee Company states that during June of 2006 there has been an increase of 45% over a similar period in 2005. And sales for the first half of 2006 have increased from $554 million to $681 million, an increase of more than 22 percent.
Summit County, Colorado which is located 60 miles west of Denver includes the towns of Breckenridge, Frisco, Dillon, and Silverthorne. The area includes such famous winter sport destinations as Breckenridge, Arapahoe Basin, Copper, Loveland, Keystone, and Ski Cooper. Tourists flock to this area in the winter months for a range of activities include skiing, snowboarding, dog sledding, cross-country skiing, extreme skiing ice skating, and snowmobiling.
Summer activities in the area include camping, hiking, golfing, mountain biking, canoeing, sailing, fishing and horse riding. Added to these activities are shopping, sight seeing and the attraction of many fine restaurants.
Breckenridge is a year round resort with a population of around 3,000. To complement the winter and summer recreational activities there are many restaurants and bars in Breckenridge as well as shops and boutiques. There is also a Victorian historic area that is popular with visitors. Breckenridge was founded in 1859 after gold was discovered in the Blue River and has a rich history that is well worth exploring. In 2004 the Barney Ford House Museum was opened.
Frisco is a small mountain town with a population of around 2600 located at 9100 feet above sea level. Frisco was founded in 1873 as a mining town. The boom in mining continued until the great depression devastated the area. By 1930 the population of the town reached its lowest level of only 18 people. The development of the area as a ski center has made Frisco a boom town again.
Dillon is a lakeside resort. The town was founded in 1883 as a trading post. The town has actually been moved 3 times and has ended up on the shore of the new reservoir called Lake Dillon which was established in 1961. The permanent population of Dillon is around 800 and this number swells during the winter to 4,000.
Silverthorne was incorporated in the 1960s and is a great center for exploring Summit County. The population is around 4,000. Silverstone has a large recreation center as well as the Keystone Ice Rink, Colorado Mountain College, Beaver Creek. There are also great shopping amenities including the Silverthorne Factory Stores which hosts around 70 factory outlet stores.
The real estate market in Summit County, Colorado is booming. This is due to the fact that there area is a great place to call home. It is also close to the major metropolitan areas of Denver and Boulder. Because of the range of winter sports activities and summer recreational activities many people are investing in second homes in the area. The mountain views, the healthy lifestyle and the general quality of life make Summit County a dream location for owning real estate.
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