Where are the good buys in Breckenridge?

Single Family Homes
The single family home market has been the least affected by the downturn, mostly due to stable demand and the availability of financing. However, especially in the remaining builder inventory, there are some great opportunities to buy a new home at or below cost. There are some bank owned properties but the quality homes are being snapped up quickly, leaving only the homes that you wouldn't want to own.

Condominiums & Townhomes
Mostly due to the lack of available financing, the condo market has been very stagnant. After 18 months, some Sellers are starting to lower prices significantly hoping to attract a cash investor. However, financing has recently loosened so I expect inventory to drop significantly in 2010. But right now, there are some fantastic deals available.

Vacant Land
Vacant land went from a little overpriced in 2008 to significantly under valued in 2010! This is especially noticeable in the Ski in ski out sector. Based on recent sales of several luxury homes, it has become up to 30% cheaper to buy a lot and build your custom home than it is to buy an existing home. There are some very good lot buys available.