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	<title>Crested Butte Real Estate Market Updates</title>
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		<title>New Listing &#8211; Mt. Crested Butte Ski In/Ski Out Condo &#8211; 14 Hunter Hill Road, A208</title>
		<link>http://coreydwan.wordpress.com/2010/11/20/new-listing-mt-crested-butte-ski-inski-out-condo-14-hunter-hill-road-a208/</link>
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		<pubDate>Sat, 20 Nov 2010 17:49:08 +0000</pubDate>
		<dc:creator>coreydwan</dc:creator>
				<category><![CDATA[Crested Butte Real Estate For Sale]]></category>
		<category><![CDATA[crested butte]]></category>
		<category><![CDATA[crested butte mountain resort]]></category>
		<category><![CDATA[crested butte ski resort]]></category>
		<category><![CDATA[for sale]]></category>
		<category><![CDATA[mountain home]]></category>
		<category><![CDATA[mountain properties]]></category>
		<category><![CDATA[ski resort]]></category>

		<guid isPermaLink="false">http://coreydwan.wordpress.com/?p=224</guid>
		<description><![CDATA[This extremely spacious condo is located in Mt. Crested Butte’s most prestigious ski in/ski out residences, the West Wall Lodge.  Located slope side steps from the West Wall lift this complex enjoys heated garage, swimming pool, hot tub, fitness room, ski valet, private slope side bar and on site property management company. This truly turn [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=coreydwan.wordpress.com&amp;blog=11561585&amp;post=224&amp;subd=coreydwan&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p style="text-align:center;">
<div id="attachment_225" class="wp-caption aligncenter" style="width: 460px"><a href="http://coreydwan.files.wordpress.com/2010/11/14-hunter-hill-a208-1.jpg"><img class="size-medium wp-image-225  " title="West Wall Lodge - Mt. Crested Butte, CO" src="http://coreydwan.files.wordpress.com/2010/11/14-hunter-hill-a208-1.jpg?w=450&#038;h=300" alt="West Wall Lodge - Mt. Crested Butte, CO" width="450" height="300" /></a><p class="wp-caption-text">West Wall Lodge - Mt. Crested Butte, CO</p></div>
<p style="text-align:center;">
<div id="attachment_226" class="wp-caption aligncenter" style="width: 460px"><a href="http://coreydwan.files.wordpress.com/2010/11/14-hunter-hill-a208-2.jpg"><img class="size-full wp-image-226 " title="14 Hunter Hill Road, A208" src="http://coreydwan.files.wordpress.com/2010/11/14-hunter-hill-a208-2.jpg?w=450&#038;h=300" alt="14 Hunter Hill Road, A208" width="450" height="300" /></a><p class="wp-caption-text">Living Room</p></div>
<p>This extremely spacious condo is located in Mt. Crested Butte’s most prestigious ski in/ski out residences, the West Wall Lodge.  Located  slope side steps from the West Wall lift this complex enjoys heated  garage, swimming pool, hot tub, fitness room, ski valet, private slope  side bar and on site property management company. This truly turn key  residence has been luxuriously furnished and decorated to provide you  with a lavish mountain experience.</p>
<p>Two Bedroom, Two and Half Baths, 1874 Square Feet</p>
<p>$699,000</p>
<p><a href="http://crestedbutteforsale.com/14-hunter-hill-road-unit-a208.html" target="_blank">Virtual Tour</a></p>
<p>Corey Dwan &#8211; REALTOR<br />
Benson Sotheby&#8217;s International Realty<br />
P.O. Box 210<br />
433 Sixth Street<br />
Crested Butte, CO 81224<br />
970-596-3219 Cell<br />
970-325-3219 World Wide Cell<br />
970-349-6653 Office<br />
970-797-1810 Fax<br />
<a href="http://www.crestedbutteforsale.com/" target="_blank">www.CrestedButteForSale.com</a></p>
<p>&nbsp;</p>
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			<media:title type="html">West Wall Lodge - Mt. Crested Butte, CO</media:title>
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			<media:title type="html">14 Hunter Hill Road, A208</media:title>
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		<title>Mixed Messages &#8211; Crested Butte and National Real Estate Markets</title>
		<link>http://coreydwan.wordpress.com/2010/03/18/mixed-messages-crested-butte-and-national-real-estate-markets/</link>
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		<pubDate>Thu, 18 Mar 2010 13:08:49 +0000</pubDate>
		<dc:creator>coreydwan</dc:creator>
				<category><![CDATA[Crested Butte Real Estate News]]></category>
		<category><![CDATA[colorado]]></category>
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		<category><![CDATA[mountain report]]></category>
		<category><![CDATA[national market]]></category>
		<category><![CDATA[national real estate news]]></category>
		<category><![CDATA[property]]></category>
		<category><![CDATA[ski report]]></category>
		<category><![CDATA[skiing]]></category>
		<category><![CDATA[snowboarding]]></category>

		<guid isPermaLink="false">http://coreydwan.wordpress.com/?p=196</guid>
		<description><![CDATA[ In Crested Butte I believe we are realizing the bottom of the real estate market.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=coreydwan.wordpress.com&amp;blog=11561585&amp;post=196&amp;subd=coreydwan&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<h2><em>Interesting article below on the current state of the national real estate market.  In Crested Butte I believe we are realizing the bottom of the real estate market.  This is due to the simple fact that short sales have become harder and harder to accomplish as banks auction the property for the full amount owed by purchasing it back from themselves.  They then list the property and continue to lower the price until it sells quickly or they have multiple bids creating a bidding war.  Yep, I said it, a bidding war, even in this market. They then right the loss off and collect our tax payers money to offset the loss. </em></h2>
<h2><em>These prices being set by the banks has created such a stir with investors and end users alike that they have to be the bottom as they are the lowest priced properties in the Crested Butte area.  With such demand to purchase these properties at these prices tells me that buyers are satisfied that the banks are creating the bottom of the market.  Call or email me if you would like some Crested Butte listings sent out to you or visit my website to search the Crested Butte MLS yourself.</em></h2>
<h2><strong><em>Best Regards,</em></strong></h2>
<h2>Corey Dwan &#8211; REALTOR</h2>
<p><strong>Benson Sotheby&#8217;s International Realty<br />
P.O.  Box 210<br />
433 Sixth Street<br />
Crested Butte, CO 81224<br />
970-596-3219 Cell<br />
970-325-3219 World Wide Cell<br />
970-349-6653 Office<br />
970-797-1810 Fax<br />
<a href="http://www.crestedbutteforsale.com/" target="_blank">www.CrestedButteForSale.com</a></strong></p>
<h2>Mixed Messages</h2>
<p><em>By Lawrence Yun, Chief Economist, NAR Research</em></p>
<p><img src="http://www.realtor.org/wps/wcm/connect/1b080680493681afaf1cefbfeb6dd431/lawrenceyunsmall.jpg?MOD=AJPERES&amp;CACHEID=1b080680493681afaf1cefbfeb6dd431" border="0" alt="Lawrence Yun" width="100" height="140" align="right" />We got many mixed economic messages over the past month.  Yes, the economy appears to be on a path towards a sustainable  expansion. The economy grew by a solid 5.9 percent in the fourth quarter  and is expected to expand by nearly 3 percent for the rest of the year.  However, that growth in production has not yet generated jobs. The  unemployment rate was unchanged at 9.7 percent in February and could  actually tick higher before coming down.</p>
<p>And housing? The housing market is still in a delicate position. The  good news is that home values appear to have stabilized. The bad news is  that foreclosures remain very high and, despite various government  policies enacted to slow the loss of homes, will unfortunately be that  way for the rest of the year. New home sales are in the tank, but that  is due to builders not putting up any construction &#8211; partly due to  caution about the strength of housing demand and to the difficulty in  obtaining construction loans due to extremely tight credit conditions.</p>
<p>On the other hand, existing-homes sales have been doing better;  nearly all states recorded year-over-year sales gains in the fourth  quarter of 2009, greatly spurred by the home buyer tax credit. However,  the sales momentum lost a step in January and probably fell further in  February due to unusually severe snowstorms in many parts of the  country. The best estimate at the moment is for relatively weak first  quarter existing-home sales (a 5.1 million unit annualized rate)  followed by a surge in the second quarter (5.8 million) as the home  buyer tax credit deadline nears.</p>
<p>Home sales in the second half of the year will depend on consistent  job creation. In February, net payroll job cuts totaled only 36,000.  While any net job loss is not a good thing, compared to the last two  years when job losses averaged about 400,000 each month, the latest job  loss figure appears much more comforting. The abnormal snowy weather  probably held back hiring by about 100,000. In other words, jobs indeed  may have actually squeaked out a gain had the weather been more normal  this winter.</p>
<p>While the unemployment rate was unchanged at 9.7 percent, remember  that the unemployment rate is based not on company payroll data but  rather on asking people if they have a job. In a separate household  survey (not company data), there were 308,000 job additions in February.  Despite that, the unemployment rate did not fall because many more  people looked for a job but still couldn&#8217;t find one. Furthermore &#8211; and  less intuitive &#8211; the unemployment rate could rise in the upcoming months  even as jobs get added. A person has to be looking for a job to be  counted as unemployed, and there is a sizable number of people who  simply stopped looking in recent months. Consequently they are not  counted as one of the unemployed. As the job market improves, this part  of the workforce will re-start their job search and hence will show up  in the unemployment figure. It is jobs and paychecks &#8211; not any up or  down change in the unemployment rate &#8211; that provide the foundation for  households to potentially purchase a home. An elevated or rising  unemployment rate (even as jobs are being created) can have a negative  psychological impact of holding back buying even among people with jobs.</p>
<p>Looking closer at the all-important employment data give us some  disparate views. Construction jobs took it on the chin yet again,  shedding 64,000 payrolls in February. Very low new home construction and  the lack of commercial real estate construction was a big factor. On  the positive side, employment in rental and leasing companies rose by  400, the first increase in nearly two years. In other noteworthy  sectors, the hard-hit manufacturing sector has finally added jobs.  Still, since the high mark of 17.5 million workers in the sector, there  are now only 11.5 million workers in manufacturing. Jobs in the  professional business service sector (including accounting, management  consulting, and law offices) rose by 51,000 in the past month &#8211; a fifth  consecutive monthly gain which may hint at a potential recovery for  office space demand for commercial REALTORS®. Temporary help employment  also rose for a fifth straight month. Because many companies first turn  to temp jobs when coming out of a recession, this rising trend should  imply permanent job creations starting in few months.</p>
<p>Then there is the government sector. Jobs in state government rose by  6,000 but those in local government fell by 31,000. There will be  pressure throughout this year for further job cuts as most state and  local governments are running relatively high budget deficits and  generally have to balance their books by law. Meanwhile, the federal  government keeps on hiring. There is nothing like a stimulus package and  expansion of government programs to add jobs, particularly in the D.C.  Region. Federal government employment rose by 7,000 in February and by  66,000 over the past year. It&#8217;s a safe bet that the D.C. area will get  its cut of all the taxpayer dollars that are sent to Washington.</p>
<p>The average hourly earnings of all private sector employees rose by 3  cents to $22.46. From one year ago, wages are up by only 1.9 percent,  the slowest gain in about 5 years. However, because the cost of living,  as measured by the Consumer Price Index (CPI) fell slightly in 2009, the  low wage gain still implies a gain in purchasing power. Of course, that  is no solace for people without a job. Weak wage growth will keep the  lid on consumer price inflation. This also means that the Federal  Reserve can continue to remain very accommodative in its monetary  policy. After all is said and done the 30-year average mortgage rate  will not rise above 6 percent in 2010.</p>
<p>Signs of improving employment prospects will likely lead some people  cramped in apartments with several roommates or with parents to start  searching for their own place. This unleashing of household formation is  expected in 2010 because household formation had been suppressed big  time over the past two years. History tells us that household formation  generally does not remain suppressed for three straight years, and there  always tends to be a nice pop in new households as the economy begins  to recover. Assuming this past pattern is realized in 2010, there can be  a nice growth in both home sales demand and rental demand.</p>
<p>One other thought. In this &#8220;year of the Census&#8221; we should also watch  those population numbers. With about 4 million live births, 2 million  deaths, and about 1 million newly arriving immigrants each year, there  will be a steady demand for homes &#8211; eventually. Historically, the net  number of home-owning households rises by one million each year. The 2  million weddings and 1 million divorces each year also lead to changes  Signs of improving employment prospects will likely lead some people  renting apartments to start searching for their own place. in living  patterns. Furthermore, current homeowners will be looking for a new  place to live every 7 to 10 years. As a result, over the next 10 years,  there will be anywhere from 50 to 70 million home sales.</p>
<p>How those sales are divided by years will be determined by various  underlying factors such as mortgage rates and the number of jobs.  Assuming that the membership of the National Association of REALTORS®  remains steady at its current level of 1.2 million over the next decade,  on average there could be 100 transaction sides per member over the  next decade. REALTORS® have different methods of doing business so there  will naturally be great variations as to who will &#8220;book&#8221; more than the  average number of transaction sides. One thing is clear, however.  According to NAR&#8217;s survey of home buyers and home sellers, 80 percent of  clients indicated that they would recommend their REALTOR® to other  family members, friends, and colleagues. That is definitely worth  repeating and remembering: clients are happy not with just any agent,  but their own specific REALTOR®. Plan your business with this in mind.</p>
<p><em><strong>For the latest economic forecast insights and analysis,  visit </strong></em><br />
<a href="http://www.realtor.org/research/research_commentary"><em><strong>www.realtor.org/research/research_commentary</strong></em></a></p>
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		<title>Crested Butte South Town Home for Sale &#8211; 87 Endner Place, Crested Butte, CO 81224</title>
		<link>http://coreydwan.wordpress.com/2010/03/18/crested-butte-south-town-home-for-sale-87-endner-place-crested-butte-co-81224/</link>
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		<pubDate>Thu, 18 Mar 2010 12:36:37 +0000</pubDate>
		<dc:creator>coreydwan</dc:creator>
				<category><![CDATA[Crested Butte Real Estate For Sale]]></category>
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		<description><![CDATA[Affordable  Crested Butte South town home with large open floor plan. This residence includes stainless steel appliances, Brazilian cherry wood floors, vaulted ceilings, sunny deck all with commanding views of the surrounding mountains.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=coreydwan.wordpress.com&amp;blog=11561585&amp;post=193&amp;subd=coreydwan&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p style="text-align:center;"><a href="http://www.crestedbutteforsale.com/featured-properties.html#crestedbuttesouthcondos" target="_blank"><img class="aligncenter" title="living 2" src="http://crestedbutteforsale.com/blog/wp-content/uploads/2010/03/living-2-300x200.jpg" alt="" width="300" height="200" /></a></p>
<p style="text-align:center;"><a href="http://www.crestedbutteforsale.com/featured-properties.html#crestedbuttesouthcondos" target="_blank">Crested Butte South Town Home for Sale &#8211; 87 Endner Place, Crested Butte, CO 81224</a></p>
<p>Affordable   Crested Butte South town home with large open floor plan. This residence  includes stainless steel appliances, Brazilian cherry wood floors,  vaulted ceilings, sunny deck all with commanding views of the  surrounding mountains. There is a large storage area above the one car  garage for all ofyour extra stuff. This residence is being offered as a  short sale and price is contingent on bank approval.</p>
<p>$269,000</p>
<p>Three  bedrooms, two full baths, one car garage with extra storage and 1493  square feet.</p>
<p>Corey Dwan &#8211; REALTOR<br />
Benson Sotheby&#8217;s International Realty<br />
P.O.  Box 210<br />
433 Sixth Street<br />
Crested Butte, CO 81224<br />
970-596-3219 Cell<br />
970-325-3219 World Wide Cell<br />
970-349-6653 Office<br />
970-797-1810 Fax<br />
<a href="http://www.crestedbutteforsale.com/" target="_blank">www.CrestedButteForSale.com</a></p>
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		<title>Colorado resort towns wrestle with collecting taxes &#8211; Crested Butte</title>
		<link>http://coreydwan.wordpress.com/2010/02/15/colorado-resort-towns-wrestle-with-collecting-taxes-crested-butte/</link>
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		<pubDate>Mon, 15 Feb 2010 14:50:32 +0000</pubDate>
		<dc:creator>coreydwan</dc:creator>
				<category><![CDATA[Crested Butte Community News]]></category>
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		<description><![CDATA[In Crested Butte, about 200 homeowners peddle rentals online. An industry analyst questions whether it's wise to target owners bringing more visitors to a town.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=coreydwan.wordpress.com&amp;blog=11561585&amp;post=187&amp;subd=coreydwan&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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<div id="articleSubTitle"><strong>Colorado resort towns wrestle with collecting taxes &#8211; Crested Butte</strong></div>
<div></div>
<div>Under-the-radar rentals</div>
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<div id="articleByline"><a href="mailto:jblevins@denverpost.com?subject=The%20Denver%20Post:%20Colorado%20resort%20towns%20wrestle%20with%20collecting%20taxes"><strong>By Jason Blevins</strong><br />
<em> The Denver Post</em></a></div>
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<div id="articleDate">Posted: 02/12/2010 01:00:00 AM MST</div>
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<div><a href="http://www.denverpost.com/portlet/article/html/imageDisplay.jsp?contentItemRelationshipId=2861660" target="_new"><img src="http://extras.mnginteractive.com/live/media/site36/2010/0211/20100211__20100212_A16_CD12CRESTEDBUTTE%7Ep1_200.JPG" border="0" alt="" width="200" height="133" /></a></p>
<div>In <strong>Crested Butte</strong>, about 200 homeowners peddle rentals online. An industry analyst questions whether it&#8217;s wise to target owners bringing more visitors to a town.<!--IPTC: William Woody, Special to the Post Mt. Emmons also known as 'the Red Lady', overlooks the town of Crested Butte Wednesday morning Nov. 19, 2008.--> (Denver Post file photo)</div>
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<p>When Elizabeth Smith first listed her three-bedroom <strong>Crested Butte home</strong> on <a href="http://vrbo.com/">VRBO.com</a> in 2000, she was one of five Crested Butte homeowners on the website offering private nightly rentals directly to vacationers.</p>
<p>Today, she is among 200 <strong>Crested Butte</strong> homeowners peddling pillows on <a href="http://vrbo.com/">VRBO.com</a>. There are 100 more up the road in <strong>Mount Crested Butte</strong> and dozens more down-valley.</p>
<p>&#8220;I do pay taxes, but so many do not,&#8221; says Smith, who pays 12.5 percent of her revenue in taxes that go to the state, county, town and local transit authority. &#8220;I would say a majority on VRBO don&#8217;t pay their taxes. I&#8217;m definitely a rarity, which is a shame. The town needs those taxes.&#8221;</p>
<p>Under-the-radar renters are a growing problem for Colorado&#8217;s resort communities. As ski towns wrestle with withering tax revenue and skyrocketing numbers of people hawking their homes on the Web, the push to find and tax private rentals has become a priority.</p>
<p>&#8220;They are essentially hotels, and they need to be paying taxes like hotels,&#8221; said Telluride&#8217;s town manager, Frank Bell.</p>
<p>One of Bell&#8217;s employees spends most of her day trolling vacation rental websites — such as VRBO, HomeAway and Craigslist — to find private renters violating Telluride&#8217;s no- nightly-rental zoning rules or not paying local lodging taxes.</p>
<p>Resort towns rely on those taxes to provide services such as bus transportation and affordable housing. Telluride has leveled criminal charges against owners who don&#8217;t comply with tax and zoning laws.</p>
<p>&#8220;People pay taxes when they go to the Marriott, but they don&#8217;t have to pay when they rent from owners directly through the Internet,&#8221; Bell said. &#8220;It&#8217;s a skewed playing field, and it doesn&#8217;t help our hoteliers one bit. This is a huge priority for our Town Council.&#8221;</p>
<p>A 2007 study by travel industry research firm PhoCus Wright found vacation-home rentals to be a $24 billion industry, with about half of that coming from owners who deal directly with renters. The research group estimated the online vacation rental market would grow from $2.8 billion in 2007 to $4.7 billion this year.</p>
<p>But tracking underground transactions, especially cash deals sparked by an online meeting, is &#8220;next to impossible,&#8221; said Glenn Mueller, a real estate professor at the University of Denver&#8217;s Daniels College of Business.</p>
<p>&#8220;When it&#8217;s a private individual running a very, very small business, they are very hard to catch and funnel them into paying taxes,&#8221; Mueller said.</p>
<p>With that in mind, the 25-member Colorado Association of Ski Towns board of directors recently decided to hire an expert who will seek out private renters in resort towns and make sure they are in compliance with local licensing and tax rules.</p>
<p>The expert will develop a uniform strategy for towns to track private rentals and enforce local laws.</p>
<p>&#8220;I think it would be conservative to say there are hundreds of thousands of dollars being missed out in <strong>Colorado</strong> alone,&#8221; said Joyce Burford, executive director of the association.</p>
<p>Right now, most towns struggle to keep abreast of private rentals in their area. Telluride is watching about 400 private rental homes. Late last year, Steamboat Springs reached 450 private renters; today, all but about 30 have begun paying taxes. Breckenridge recently counted as many as 600 and found about 100 were not licensed or paying taxes.</p>
<p>Most of those 100 owners, said Breckenridge&#8217;s town manager, Tim Gagen, were out-of- state owners who were unaware they needed to be licensed and paying taxes.</p>
<p>Ralf Garrison, whose Mountain Travel Research Program delivers industry statistics to resort-area managers and marketers, calls the private rental business a &#8220;gray market&#8221; because it is so difficult to track. But it has grown too large and influential to ignore.</p>
<p>&#8220;It&#8217;s interesting to watch as these resort towns continue to struggle with this, especially as they try ever harder to find ways to bolster their tax revenues,&#8221; Garrison said.</p>
<p>The challenges are plentiful.</p>
<p>&#8220;How do they find them? How do they reach them? How do they enforce paying taxes?&#8221; Garrison asked. &#8220;And really, do they want to rain on a parade that is potentially bringing more people to town than would otherwise come, even if they aren&#8217;t paying the traditional hotel prices?&#8221;</p>
<p><em>Jason Blevins: 303-954-1374 or <a href="mailto:jblevins@denverpost.com">jblevins@denverpost.com</a></em></p>
</div>
<p>Read more: <a href="http://www.denverpost.com/news/ci_14386744?source=rss#ixzz0fcEeRBM7">http://www.denverpost.com/news/ci_14386744?source=rss#ixzz0fcEeRBM7</a></p>
<p>Corey Dwan &#8211; REALTOR<br />
Benson Sotheby&#8217;s International Realty<br />
P.O. Box 210<br />
433 Sixth Street<br />
Crested Butte, CO 81224<br />
970-596-3219 Cell<br />
970-325-3219 World Wide Cell<br />
970-349-6653 Office<br />
970-797-1810 Fax<br />
<a href="http://www.crestedbutteforsale.com/" target="_blank">www.CrestedButteForSale.com</a></p>
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		<title>Sixth Street Station continues long march toward approval in Crested Butte</title>
		<link>http://coreydwan.wordpress.com/2010/02/11/sixth-street-station-continues-long-march-toward-approval-in-crested-butte/</link>
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		<pubDate>Thu, 11 Feb 2010 17:22:28 +0000</pubDate>
		<dc:creator>coreydwan</dc:creator>
				<category><![CDATA[Crested Butte Real Estate News]]></category>
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		<description><![CDATA[The largest project ever proposed for Crested Butte continues to slowly wind its way through the town approval procedure, with proponents hoping “optimistically” for final town approval by this coming fall. The Sixth Street Station is currently undergoing the BOZAR (Board of Zoning and Architectural Review) review process but at least one element may find itself in front of the Town Council this winter.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=coreydwan.wordpress.com&amp;blog=11561585&amp;post=185&amp;subd=coreydwan&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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<td colspan="2" width="70%" align="left" valign="top">Written by Mark Reaman</td>
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<td colspan="2" valign="top">Wednesday, 10 February 2010</td>
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<td colspan="2" valign="top"><strong>BOZAR is where the action is…</strong></p>
<p>The largest project ever proposed for Crested Butte continues to slowly wind its way through the town approval procedure, with proponents hoping “optimistically” for final town approval by this coming fall. The Sixth Street Station is currently undergoing the BOZAR (Board of Zoning and Architectural Review) review process but at least one element may find itself in front of the Town Council this winter.</td>
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<p>The issue of how to deal with the land beneath public rights-of-way is being discussed, and whatever is agreed to will need final council approval. The Sixth Street Station developers are planning on building underground parking beneath the project and about 12,000 square feet of the parking will be located underneath town alleys and a section of Teocalli Avenue.<br />
The entire project is comprised of 62,500 square feet. It encompasses retail, restaurant, spa, office and residential space. It will stretch from Gothic Avenue to the edge of town on Butte Avenue along Sixth Street.<br />
Included in the project is a short-term residential accommodation component, basically a hybrid of a fractional ownership condominium project and a hotel. There will be 19 condominiums with 45 “keys” or lock-offs that could accommodate visitors. The project has been in the pipeline about two years.<br />
“We are getting down to the final details over the architectural aspects,” said <a href="http://www.crestedbutteforsale.com" target="_blank">Crested Butte</a> Building and Zoning Director Bob Gillie. “We are close to architectural approval so the next big thing to be resolved is the use of public space. That should happen sooner rather than later.”<br />
Project Manager Gary Hartman of Sunlit Architecture agrees. “We are still in the throes with the town and we will ask for another BOZAR meeting to talk about the final elements of the architecture probably for late February,” he said. “I think we are dangerously close with the architectural stuff. Then we have to determine how to use the public space and how to legally convey that land.”<br />
Hartman said the developers had received positive feedback from the previous council about using that land. The negotiation now is how to convey that space.<br />
Gillie said that while it hasn’t always been easy, “We’ve been able to come to terms with most of the issues that have come up so far.”<br />
Similar to the proposed Foothills annexation, there is a reimbursement agreement with the developers and the town given the size of the project. While staff time isn’t reimbursed, the Sixth Street Station developers must pick up the tab for extra BOZAR work sessions and the consultants hired by the town to evaluate things like traffic flow and engineering.<br />
The last Town Council made some zoning concessions to allow the project to go forward in the PUD (Planned Unit Development) process. The current Town Council will likely see the project two more times—one is to discuss the use of the land beneath town rights-of-way and the other is to approve condominium plats and declarations.<br />
“BOZAR is where the action is,” admitted Gillie. “Now, the BOZAR approvals are contingent upon a number of things. There are a lot of issues like engineering, utilities and groundwater concerns that still have to be addressed.”<br />
Gillie said the town is asking the proponents to work with the Kapushion family, which owns the land west of the Sixth Street Station property, to devise a master plan for that side of town.<br />
“There are several moving parts to this proposal,” said Hartman. “There is the architecture which determines the look and feel of the project. There is the legal aspect with the conditional uses over the fractional ownership condominiums. There is the engineering and water as well. But being optimistic, I would say there is a fairly realistic chance that we can hope for town approval by the end of the coming summer or this fall.”<br />
Given a weak economy, Hartman admits he doesn’t anticipate pushing for a quick approval and a landslide of sales with the project. “We aren’t pushing it but we are moving it,” he said. “We definitely want to see approval.”<br />
Once approved by the Crested Butte BOZAR, the development will have a three-year vested property right. This allows developers to start the project without coming back to the town within 36 months of approval.<br />
“We’re still at a 90-day look-ahead,” said Hartman. “If the town gives us the final approval and if the economy turns around and if the banks start lending money again and if the buyers start seeing this is an opportunity, we will proceed. Optimistically, I would say that could all fall into place in maybe the summer or fall of 2011.”<br />
In the meantime, look for the next BOZAR meeting concerning Sixth Street Station in late February or early March and a Town Council agenda item to discuss private use of public property sometime in March or April.</p>
<p>Corey Dwan &#8211; REALTOR<br />
Benson Sotheby&#8217;s International Realty<br />
P.O. Box 210<br />
433 Sixth Street<br />
Crested Butte, CO 81224<br />
970-596-3219 Cell<br />
970-325-3219 World Wide Cell<br />
970-349-6653 Office<br />
970-797-1810 Fax<br />
<a href="http://www.crestedbutteforsale.com/" target="_blank">www.CrestedButteForSale.com</a></p>
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		<title>Real estate market sees major boost in July sales</title>
		<link>http://coreydwan.wordpress.com/2010/02/08/real-estate-market-sees-major-boost-in-july-sales/</link>
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		<pubDate>Mon, 08 Feb 2010 14:10:03 +0000</pubDate>
		<dc:creator>coreydwan</dc:creator>
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		<description><![CDATA[It is sort of like going from zero to 60 in a few seconds. The Crested Butte real estate market appears to have gone from plodding down a country road to hitting the autobahn this month.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=coreydwan.wordpress.com&amp;blog=11561585&amp;post=178&amp;subd=coreydwan&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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<td colspan="2" width="70%" align="left" valign="top">Written by Mark Reaman</td>
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<td colspan="2" valign="top">Wednesday, 29 July 2009</td>
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<td colspan="2" valign="top"><strong>“It’s hopping…”</strong></p>
<p>It is sort of like going from zero to 60 in a few seconds. The <a href="http://www.crestedbutteforsale.com" target="_blank">Crested Butte real estate market</a> appears to have gone from plodding down a country road to hitting the autobahn this month.So far this year, about $30 million in real estate has sold at this end of the valley. About the same amount is pending at the moment, but in the last three weeks, another $17 million in local real estate was put under contract.<br />
“There has been a major uptick in the volume of sales and the amount of money people are spending,” said Bob Kray, a broker at Coldwell Banker Bighorn Realty. “We are hoping for more such activity during the rest of the summer.”<br />
There has been a total year-to-date sales volume of $29,629,307 from 59 transactions between Crested Butte South and Mt. Crested Butte. The properties ranged from a $50,000 lot in Crested Butte South to a $2 million home in Crested Butte and a $3.5 million home in Mt. Crested Butte.<br />
Currently 40 listings totaling about $29 million are under contract but not yet sold. Of that $29 million, $17,352,399 was put under contract since the start of July.<br />
Crested Butte finance director Lois Rozman said the Real Estate Transfer Tax (RETT) collections are an indication of market activity in town. She said that up until the middle of July, the town had collected about $184,000 in RETT. RETT helps fund area open space purchases and capital improvement projects in town.<br />
“We had three sales close in three days,” Rozman said. “A house for just over $2 million was sold, and then a business property for about $1.6 million and another house on the Bench for just under a million dollars all closed between July 13 and 15. That brought in $139,000 in RETT in just those three days.”<br />
Rozman said nothing has been collected since that three-day period but she is aware of several town properties under contract, so she expects to see more RETT money flowing into the town coffers.<br />
Are we back to boom times for the area real estate market?<br />
“I wouldn’t say we are back to the super-busy times of a few years ago, but after the worst six months in the last five years, we are seeing some good activity,” said Channing Boucher of Benson Sotheby’s International Realty.<br />
“We were probably off 50 percent the first part of the year, so it is good to see positive movement,” Boucher continued. And we are seeing some records at the high end. The town of Crested Butte had its first $2 million home sale, for example. It seems like prices are adjusting and people are getting real, so buyers are starting to jump back in the market. It’s hopping. Even vacant land is starting to move.”<br />
Maggie Dethloff of Red Lady Realty said the activity on the expensive end of the real estate market is catching everyone’s attention. “I think the reason everyone is so wowed right now is that the high end woke up,” she postulated. “There is definitely more interest out there right now than there was earlier this summer. People with money seem to be checking us out a bit more.”<br />
Over at Slate River Real Estate, longtime<a href="http://www.crested-butte-for-sale.com" target="_blank"> Crested Butte</a> businessman Mickey Cooper agrees. “Summer is usually good,” explained Cooper. “July, August and September are normally our best months. Right now from what we are hearing from people looking around here, Crested Butte seems to be viewed as the best value in the mountains right now. I would say that it has been rough for a while, but if we aren’t at the bottom of the market, we are leveling off.”<br />
Cooper said that bank-owned properties that have hit the market have been sold. “So now people are putting in lowball offers but the sellers aren’t taking the bargain basement prices. No one is discounting their property 30 or 40 percent.”<br />
Prudential Becky Hamlin Realty owner-broker Tom Filchner also feels like the market is at or close to the bottom. “I’m not sure what normal is any more,” he said. “The market activity is below the hay-days of a few years ago but there is more activity right now than we have seen in a while. There is activity at the high end and the low end, but the middle still appears soft. Properties seem to be selling for 10 percent to 12 percent off the asking price, so people are getting deals.”<br />
The brokers feel those deals ultimately have a positive impact on the overall valley. “The activity is universally beneficial to the community,” said Kray. “The people that bought the $2.5 million and $3.5 million houses in <a href="http://www.crestedbutteforsale.com" target="_blank">Mount Crested Butte</a> are probably the type to go out to restaurants and utilize services and businesses in the community. The lots that sold in Skyland can turn into construction projects and jobs for people living here.”<br />
Kray agrees with Cooper and Filchner that the bottom is near if not reached. “I think there is an element that indicates we have hit a bit of the bottom,” he said. “People that are buying want to make sure they aren’t buying at the top and they have the cash to make sure their investment has some room. I am really encouraged by the high-end sales that have taken place because they are choosing to invest in Crested Butte and they certainly have other options.”<br />
Filchner echoed that comment. “People want to live and come to Crested Butte,” he said. “There is definitely a change in attitude both nationally and locally. The paranoia is going away. People want to live here and enjoy the lifestyle we have here.<br />
“My crystal ball is a little fuzzier than it used to be,” Filchner continued. “But overall people that are looking at property now are doing so in a serious way. Everyone in the office is working on something, which wasn’t the case a few months ago.”<br />
Boucher says given the country’s financial situation, condos are still hard to sell because of the difficulty in getting financing for a condo. “The sweet spot in this market right now is single family homes,” he said. “Overall, I think the activity is showing some renewed faith in the Crested Butte market. Plus, in the long term, hard assets like property might be a great place to have your money.”</p>
<p>Brought to you by the Crested Butte News.</p>
<p><a href="http://www.crestedbuttenews.com/index.php?option=com_content&amp;task=view&amp;id=1715&amp;Itemid=40" target="_blank">Read More</a></p>
<p>Corey Dwan &#8211; REALTOR<br />
<a href="http://www.bensonsothebysrealty.com/" target="_blank">Benson Sotheby&#8217;s International Realty</a><br />
P.O. Box 210<br />
433 Sixth Street<br />
Crested Butte, CO 81224<br />
970-596-3219 Cell<br />
970-325-3219 World Wide Cell<br />
970-349-6653 Office<br />
970-797-1810 Fax<br />
<a href="http://www.crestedbutteforsale.com/" target="_blank">www.CrestedButteForSale.com</a></td>
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		<title>Testimonials for Corey Dwan &#8211; Sotheby&#8217;s Realtor</title>
		<link>http://coreydwan.wordpress.com/2010/02/07/testimonials-for-corey-dwan-sothebys-realtor/</link>
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		<pubDate>Sun, 07 Feb 2010 21:26:08 +0000</pubDate>
		<dc:creator>coreydwan</dc:creator>
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		<description><![CDATA[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.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=coreydwan.wordpress.com&amp;blog=11561585&amp;post=176&amp;subd=coreydwan&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>My Clients Say It Best:</p>
<p>&#8220;Corey is not only a service-oriented, organized and communicative Realtor, he&#8217;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.&#8221;</p>
<p><em>Diane Clow, Denver &#8211;   Colorado</em></p>
<p>&#8220;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.</p>
<p>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 the different people and your willingness to go far beyond the call of duty. Not many Realtors would have known what to do about the easement problems, or known who to call for each stage of the process to insure the problems would be cured in time for closing. Without your help I do not believe we would have ever closed on the home of our dreams. You are not only our Realtor, but you have become our friend! I would not hesitate to recommend you to anyone looking for property in the Crested Butte area.&#8221;</p>
<p><em>Your friend, Judge Ross A. Sears, Dallas &#8211;   Texas</em></p>
<p>&#8220;We highly recommend Corey Dwan as a real estate agent for anyone considering buying or selling in Crested Butte. He was indispensable during the sale of our first condo in Crested Butte by helping us to sell quickly and easily. We made a very nice profit in an otherwise challenging market. He was our agent, again, during the purchase of 2 more condos that same year. He was a savvy negotiator who always had our best interests in mind. We will buy and sell with him again without hesitation. It was a pleasure to work with him. &#8220;</p>
<p><em>Robin Bregman, Sao Paulo &#8211;   Brazil</em></p>
<p>&#8220;I just wanted to take the time to tell all of you, how much my family and I appreciate the hard work that your office did to help us acquire our new home in Crested Butte, CO. In particular, Corey Dwan went well beyond the call of duty to make sure that we were able to close on this property. The entire process took over 3 months and without Corey’s hard work and dedication I feel certain that the deal could not have been done. I can’t imagine a more complicated closing, with all the legal issues that we had related to the property, and Corey never gave up, and continued to help us every step of the way.</p>
<p>It goes without saying that I will highly recommend Corey Dwan to anyone wanting to purchase property in the area. I consider him to be the best real estate agent in the area, and now a very good friend.</p>
<p>On   behalf of my family, thank you, thank you, thank you!&#8221;</p>
<p><em>Your new friend and neighbor, Ross A. Sears   II, Sears &amp; Crawford, LLP, Dallas &#8211; Texas</em></p>
<p>&#8221; I have known Corey for several years. In that time we have completed three purchases and one sale. Corey continues to demonstrate that not only is he a consummate real estate professional, but goes well beyond his basic responsibilities to make sure that he exceeds customer expectations. It is for this reason that our relationship has grown well beyond the mere transaction. I would highly recommend that anyone interested in real estate transactions (purchase, sell, invest) in the CB / Gunnison area engage Corey as a partner.&#8221;</p>
<p><em>Dan Bregman, San Paulo &#8211; Brazil</em></p>
<p>&#8220;Corey is a consummate professional who understands all aspects of the home purchasing process.  First and foremost, he listens to his client to understand what they are focused on, what they value and what their concerns are.  He then educates his clients in areas that he believes might help them make a more informed decision.  Once a specific plan in agreed upon, he does an outstanding job of patiently doing what needs to be done to execute the plan.</p>
<p>He is clearly very close to the Crested Butte real estate market. He understands the banking/lending world very well, along with all of the legal aspects, including short sales, REO, foreclosures and the like.</p>
<p>He is familiar with Crested Butte developers and knows which builders are well respected and which ones should be avoided.  He is not focused on maximizing his fee income, which is refreshing; he simply wants his clients to be happy.</p>
<p>He is fun to work with,   honest, bright, creative and always maintains the highest degree of   integrity.</p>
<p>I would highly   recommend him.&#8221;</p>
<p><em>Michael Hersh, Atlanta &#8211;  Georiga</em></p>
<p><em> </em></p>
<p>Corey Dwan &#8211; REALTOR<br />
<a href="http://www.bensonsothebysrealty.com/" target="_blank">Benson Sotheby&#8217;s International Realty</a><br />
P.O. Box 210<br />
433 Sixth Street<br />
Crested Butte, CO 81224<br />
970-596-3219 Cell<br />
970-325-3219 World Wide Cell<br />
970-349-6653 Office<br />
970-797-1810 Fax<br />
<a href="http://www.crestedbutteforsale.com/" target="_blank">www.CrestedButteForSale.com</a><em> </em></p>
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		<title>Future of Crested Butte Valley recreation: Regional ice rinks, campgrounds, pools?</title>
		<link>http://coreydwan.wordpress.com/2010/02/06/future-of-crested-butte-valley-recreation-regional-ice-rinks-campgrounds-pools/</link>
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		<pubDate>Sat, 06 Feb 2010 22:40:01 +0000</pubDate>
		<dc:creator>coreydwan</dc:creator>
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		<description><![CDATA[
Improving the ice rink facilities in town and looking into building a campground just south of Crested Butte are preliminary recreation priorities for the Town Council.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=coreydwan.wordpress.com&amp;blog=11561585&amp;post=172&amp;subd=coreydwan&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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<td colspan="2" width="70%" align="left" valign="top">Written by Mark Reaman</td>
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<td colspan="2" valign="top">Wednesday, 03 February 2010</td>
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<td colspan="2" valign="top"><strong>Regionalization of recreation is the key</strong>Improving the ice rink facilities in town and looking into building a campground just south of <a href="http://www.crestedbutteforsale.com" target="_blank">Crested Butte </a>are preliminary recreation priorities for the Town Council. Those two items rose to the top of the Crested Butte council’s wish list in an early review of the Parks and Recreation Master Plan.While the public surveys all point to an eventual swimming pool and indoor recreation center as the top two desires, the council wanted to tap projects that were attainable and timely. They will, however, ask the staff and consulting group conducting the master plan process to continue pursuing ways to eventually build a pool and rec center.<br />
During a work session on Monday, February 1, the council listened to Brian Trusty of Pros Consulting lay out preliminary recommendations of the plan. The emerging big picture idea is to regionalize parks and recreation facilities and programs in the Upper East River Valley. That would require partnerships with the towns of Crested Butte and Mt. Crested Butte along with Crested Butte South.<br />
Trusty said the obvious result of his research is that regionalizing the recreation programs would make things more efficient and people have indicated they are willing to pay. He said the town should take the lead in moving toward regionalization.<br />
“One thing to keep in mind is that this regionalization should be broad enough to include more than just recreation. It should include things like the proposed Performing Arts Center in Mt. Crested Butte,” he said. “And part of the equation is to regionalize operation costs and not just construction costs of new facilities.”<br />
According to the Pros Consulting surveys, the top priorities for the 4,000 people living in the north end of the valley include a swimming pool, an indoor rec center, an improved ice rink, an outdoor amphitheater, a campground, and non-traditional recreational amenities like the BMX bike jumps and the skate park in town.<br />
But, Trusty said his estimate to build a swimming pool would be about $5 million. It would cost another $1.2 million to operate each year.<br />
“The expense to build and operate a pool scares me,” admitted Mayor Leah Williams. “I wonder about the feasibility in a town the size of ours.”<br />
Trusty said some of the operating costs could be covered with memberships and visits to the facility by tourists. “But you are still looking at $600,000 to $800,000 in subsidy you’d have to absorb somehow.”<br />
Councilperson Roland Mason said that was simply not affordable. “If we could figure out how to get the costs to under $500,000 in annual subsidies I’d relook at it,” he said, “but right now I would rather see the money spent to provide more frequent transportation to and from Gunnison. Make it very convenient like every 45 minutes. They have the facilities if we can get the people down to use them.”<br />
Councilperson Jim Schmidt said it seemed logical to get a mil levy out of the Gunnison Metropolitan Recreation District. “If we could figure out what it would take to get $500,000 a year from the district it could work,” he said. “Of course the problem is that there are other wants and needs out there, too, that would increase that cost.”<br />
Responding to a question from Schmidt, Trusty said he was not aware of any municipal recreation facility that had failed once it was built. “Once it is there, people in the community usually can’t figure out what they did without it. But at the end of the day, these facilities depend on volume.”<br />
Councilperson Dan Escalante said there could be a conflict if the community built a pool with the idea of attracting visitors when a more bare-bones pool would be fine with the locals. “I think we can figure something out over the next several years,” he suggested.<br />
Schmidt said he was in favor of doing something that could be accomplished quickly. “I see improvements to the ice rink being affordable and something that saves maintenance costs,” he said. “It could happen in the next year or two. The other stuff could take a lot longer.” Councilpersons Wirsing, Wilson, Mason and Mayor Williams agreed with that sentiment. Councilperson Reed Betz said he’d go for a campground as a priority, as did Escalante.<br />
“We are unfortunately looking at this whole thing through a lens shaded by hard economic times,” commented Williams.<br />
The ice rink advocates had a meeting on Tuesday, February 2, and admitted the hard economic downturn had dried up their donor potential. “The private funding avenues for a rink are just gone,” said Bill Coburn of the East River Skating Association. He advocated having the town pursue regionalization, but wanted to see some hard figures of what it would cost in terms of property taxes to set up a regional recreation district for the north end of the valley.</p>
<p><a href="http://www.crestedbuttenews.com/index.php?option=com_content&amp;task=view&amp;id=2195&amp;Itemid=40" target="_blank">Read More</a></p>
<p>Corey Dwan &#8211; REALTOR<br />
<a href="http://www.bensonsothebysrealty.com/" target="_blank">Benson Sotheby&#8217;s International Realty</a><br />
P.O. Box 210<br />
433 Sixth Street<br />
Crested Butte, CO 81224<br />
970-596-3219 Cell<br />
970-325-3219 World Wide Cell<br />
970-349-6653 Office<br />
970-797-1810 Fax<br />
<a href="http://www.crestedbutteforsale.com/" target="_blank">www.CrestedButteForSale.com</a></td>
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		<title>Crested Butte Condo &#8211; 629 Gothic Avenue, #8, Crested Butte, CO 81224</title>
		<link>http://coreydwan.wordpress.com/2010/02/06/169/</link>
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		<pubDate>Sat, 06 Feb 2010 14:51:48 +0000</pubDate>
		<dc:creator>coreydwan</dc:creator>
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		<description><![CDATA[Now you can afford to buy in Crested Butte.  This spacious Crested Butte condo has two large bedrooms, one bath and enormous closets. <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=coreydwan.wordpress.com&amp;blog=11561585&amp;post=169&amp;subd=coreydwan&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p style="text-align:center;"><a href="http://www.crestedbutteforsale.com/featured-properties.html#crestedbuttecondos" target="_blank"><img class="aligncenter size-medium wp-image-168" title="Google 2" src="http://coreydwan.files.wordpress.com/2010/02/google-2.jpg?w=300&#038;h=214" alt="" width="300" height="214" /></a></p>
<p style="text-align:center;"><a href="http://www.crestedbutteforsale.com/featured-properties.html#crestedbuttecondos" target="_blank">Crested Butte Condo &#8211; 629 Gothic Avenue, #8, Crested Butte, CO 81224</a></p>
<p>Now you can afford to buy in Crested Butte.  This spacious <a href="http://www.crestedbutteforsale.com" target="_blank">Crested Butte condo</a> has two large bedrooms, one bath and enormous closets.  Sit back and enjoy the breath taking views out your living room window of Mount Crested Butte and Mount Emmons from the bedroom.  Low dues and central in town location makes this a convenient place to live and great future investment.<br />
$159,000</p>
<p><a href="http://www.youtube.com/watch?v=B-tHo0PmLUk" target="_blank">Virtual Tour</a></p>
<p>Corey Dwan &#8211; REALTOR<br />
<a href="http://www.bensonsothebysrealty.com/" target="_blank">Benson Sotheby&#8217;s International Realty</a><br />
P.O. Box 210<br />
433 Sixth Street<br />
Crested Butte, CO 81224<br />
970-596-3219 Cell<br />
970-325-3219 World Wide Cell<br />
970-349-6653 Office<br />
970-797-1810 Fax<br />
<a href="http://www.crestedbutteforsale.com/" target="_blank">www.CrestedButteForSale.com</a></p>
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		<title>Crested Butte Real Estate Market Update 1-30-10</title>
		<link>http://coreydwan.wordpress.com/2010/02/05/crested-butte-real-estate-market-update-1-30-10/</link>
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		<pubDate>Fri, 05 Feb 2010 13:05:09 +0000</pubDate>
		<dc:creator>coreydwan</dc:creator>
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		<description><![CDATA[In 2009, this end of the Crested Butte valley ended up with almost 86 million dollars in sales, which is about 25% down from the year before.  The majority of the transactions took place in July, August and September, as can be seen in my Crested Butte Market Recap of 2009.  There are also links to a more in-depth look at the transactions for 2009.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=coreydwan.wordpress.com&amp;blog=11561585&amp;post=165&amp;subd=coreydwan&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://1.bp.blogspot.com/_EgPTsSGtiD0/S2wTcCZmKbI/AAAAAAAAAEY/Xd-hT6jzNcc/s1600-h/butte-header.jpg"><img src="http://1.bp.blogspot.com/_EgPTsSGtiD0/S2wTcCZmKbI/AAAAAAAAAEY/Xd-hT6jzNcc/s640/butte-header.jpg" border="0" alt="" width="640" height="120" /></a></p>
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<div><span style="font-family:Arial;"> </span></div>
<div><span style="font-family:Georgia;font-size:medium;">Happy New Year!!</span></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><span style="font-family:Georgia;font-size:medium;">Hope each and every one of you had a prosperous and healthy 2009 and may your 2010 be even better. Finally we have seen some snow falling from the sky the last few weeks, and we are smack dab in the middle of another lovely snow storm. This should make for some great turns and powder stashes to be found on the mountain this weekend and beyond.</span></div>
<div><span style="font-family:Georgia;font-size:medium;"><br />
</span></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><span style="font-family:Georgia;font-size:medium;">In 2010, I will continue to give those of you I list properties for the best print and online marketing in the Valley.  Check out the new design of my brand new Sotheby&#8217;s website as a sampling of some of the changes in design and content that are forthcoming. </span><a href="http://www.crested-butte-for-sale.com./"><span style="font-family:Georgia;font-size:medium;">www.Crested-Butte-For-Sale.com.</span></a><span style="font-family:Georgia;font-size:medium;"> My site is still under contruction but should be completed soon.  I will announce it&#8217;s completition and final web address via email.  For my Buyers this new website will hold unriveled local and regional information as well as the ability to search the entire Gunnison County MLS.  I will continue to make updates to the site over the next couple of months so please check back frequently. </span></div>
<div><span style="font-family:Georgia;font-size:medium;"><br />
</span></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><strong><span style="font-family:Georgia;font-size:medium;">Market in Review: 2009</span></strong></div>
<div><span style="font-family:Georgia;font-size:medium;">In 2009, this end of the valley ended up with almost 86 million dollars in sales, which is about 25% down from the year before.  The majority of the transactions took place in July, August and September, as can be seen in my <a href="http://www.crestedbutteforsale.com" target="_blank">Crested Butte Market</a> Recap of 2009.  There are also links to a more in-depth look at the transactions for 2009.</span></div>
<div><span style="font-family:Georgia;font-size:medium;">Some highlights for the 2009 Market:</span></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><span style="font-family:Georgia;font-size:medium;">•37 Single Family Homes sold at an average of $786,164</span></div>
<div><span style="font-family:Georgia;font-size:medium;">•67 Condos/Townhomes sold at an average of $343,335</span></div>
<div><span style="font-family:Georgia;font-size:medium;">•18 Parcels of Vacant Land sold at an average of $469,750</span></div>
<div><span style="font-family:Georgia;font-size:medium;">•6 Homes sold for over $2,000,000 with the highest value in <a href="http://www.crestedbutteforsale.com/">Mount Crested Butte</a> at $2,872,500</span></div>
<div><span style="font-family:Georgia;font-size:medium;"><br />
</span></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><strong><span style="font-family:Georgia;font-size:medium;">Moving Forward: 2010</span></strong></div>
<div><span style="font-family:Georgia;font-size:medium;">Early national indications are that the housing market should be picking up from last year with prices remaining stable.  As of January 21, 2010 there are over 19 million dollars of properties </span><a href="http://www.bensonsothebysrealty.com/Email_Newsletters/Sold_and_Under_Contract/under-contract-jan-2010.pdf"><span style="font-family:Georgia;font-size:medium;">under contract</span></a><span style="font-family:Georgia;font-size:medium;">. I think that is a good start to the new year!  There continues to be great bargains to be had both on the mountain and in town so feel free to contact me with a listing search request.  Please take a moment to view my current listings below and read a very important New York Times article on savvy buyers taking advantage of our current market.</span></div>
<div><span style="font-family:Georgia;font-size:medium;"><br />
</span></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span><a href="http://gcaor.fnismls.com/publink/default.aspx?GUID=cc917da7-4903-4495-bb74-cfd263e4b360&amp;Report=Yes"><span style="font-family:Georgia;font-size:medium;">Click Here to View Listings</span></a></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><a href="http://www.nytimes.com/2010/01/29/greathomesanddestinations/29skicondo.html"><span style="font-family:Georgia;font-size:medium;">New York Times Article</span></a></div>
<div><span style="font-family:Georgia;font-size:medium;"><br />
</span></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><span style="font-family:Georgia;font-size:medium;">Best Regards,</span></div>
<div><span style="font-family:Georgia;font-size:medium;"><br />
</span></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><span style="font-family:Georgia;font-size:medium;">Corey Dwan</span></div>
<div><span style="font-family:Georgia;font-size:medium;">Benson Sotheby&#8217;s International Realty</span></div>
<div><span style="font-family:Georgia;font-size:medium;">433 Sixth Street, P.O. Box 210</span></div>
<div><span style="font-family:Georgia;font-size:medium;">Crested Butte, CO 81224</span></div>
<div><span style="font-family:Georgia;font-size:medium;">970-596-3219 Cell</span></div>
<div><span style="font-family:Georgia;font-size:medium;">970-325-3219 World Wide Cell</span></div>
<div><span style="font-family:Georgia;font-size:medium;">970-797-1810 Fax</span></div>
<div><span style="font-family:Georgia;font-size:medium;">970-349-6653 Office</span></div>
<div><a href="http://www.crestedbutteforsale.com/"><span style="font-family:Georgia;font-size:medium;">www.CrestedButteForSale.com</span></a></div>
<div><span style="font-family:Georgia;font-size:medium;"><br />
</span></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><span style="font-family:Georgia;"> </span></div>
<div><strong><span style="font-family:Georgia;font-size:medium;">Market Recap of 2009</span></strong></div>
<div><strong><span style="font-family:Georgia;font-size:medium;"> </span></strong></div>
<p><a href="http://2.bp.blogspot.com/_EgPTsSGtiD0/S2wUhOOr8EI/AAAAAAAAAEg/-UgibzbCcH4/s1600-h/Graph.jpg"><img src="http://2.bp.blogspot.com/_EgPTsSGtiD0/S2wUhOOr8EI/AAAAAAAAAEg/-UgibzbCcH4/s320/Graph.jpg" border="0" alt="" /></a></p>
<div><strong><span style="font-family:Georgia;font-size:medium;"> Market Recap</span></strong></div>
<div><strong><span style="font-family:Georgia;font-size:medium;">Quick Links:</span></strong></div>
<div><strong><span style="font-family:Georgia;font-size:medium;"><br />
</span></strong></div>
<div><strong> </strong><strong><span style="font-family:Georgia;font-size:medium;"> </span></strong></div>
<div><strong> </strong><a href="http://www.bensonsothebysrealty.com/Email_Newsletters/Sold_and_Under_Contract/Market-Analysis-December.pdf"><strong><span style="font-family:Georgia;font-size:medium;">Market Analysis</span></strong></a></div>
<div><strong><span style="font-family:Georgia;font-size:medium;"><br />
</span></strong></div>
<div><strong> </strong><strong><span style="font-family:Georgia;font-size:medium;"> </span></strong></div>
<div><strong> </strong><a href="http://www.bensonsothebysrealty.com/Email_Newsletters/Sold_and_Under_Contract/Sold-Market-Analysis-2009.pdf"><strong><span style="font-family:Georgia;font-size:medium;">Sold Market</span></strong></a></div>
<div><strong> </strong><a href="http://www.bensonsothebysrealty.com/Email_Newsletters/Sold_and_Under_Contract/Sold-Market-Analysis-2009.pdf"><strong><span style="font-family:Georgia;font-size:medium;">Analysis &#8211; 2009</span></strong></a></div>
<div><strong><span style="font-family:Georgia;font-size:medium;"><br />
</span></strong></div>
<div><strong> </strong><strong><span style="font-family:Georgia;font-size:medium;"> </span></strong></div>
<div><strong> </strong><a href="http://www.bensonsothebysrealty.com/Email_Newsletters/Sold_and_Under_Contract/Sold-Price-Analysis-2009.pdf"><strong><span style="font-family:Georgia;font-size:medium;">Sold Price</span></strong></a></div>
<div><strong> </strong><a href="http://www.bensonsothebysrealty.com/Email_Newsletters/Sold_and_Under_Contract/Sold-Price-Analysis-2009.pdf"><strong><span style="font-family:Georgia;font-size:medium;">Analysis &#8211; 2009</span></strong></a></div>
<div><strong><span style="font-family:Georgia;font-size:medium;"><br />
</span></strong></div>
<div><strong> </strong><strong><span style="font-family:Georgia;font-size:medium;"> </span></strong></div>
<div><strong> </strong><a href="http://www.bensonsothebysrealty.com/Email_Newsletters/Sold_and_Under_Contract/single-family-solds-2009.pdf"><strong><span style="font-family:Georgia;font-size:medium;">Single Family Homes</span></strong></a></div>
<div><strong> </strong><a href="http://www.bensonsothebysrealty.com/Email_Newsletters/Sold_and_Under_Contract/single-family-solds-2009.pdf"><strong><span style="font-family:Georgia;font-size:medium;">Sold Data</span></strong></a></div>
<div><strong><span style="font-family:Georgia;font-size:medium;"><br />
</span></strong></div>
<div><strong> </strong><strong><span style="font-family:Georgia;font-size:medium;"> </span></strong></div>
<div><strong> </strong><a href="http://www.bensonsothebysrealty.com/Email_Newsletters/Sold_and_Under_Contract/condo-solds-2009.pdf"><strong><span style="font-family:Georgia;font-size:medium;">Condo/Townhomes</span></strong></a></div>
<div><strong> </strong><a href="http://www.bensonsothebysrealty.com/Email_Newsletters/Sold_and_Under_Contract/condo-solds-2009.pdf"><strong><span style="font-family:Georgia;font-size:medium;">Sold Data</span></strong></a></div>
<div><strong><span style="font-family:Georgia;font-size:medium;"><br />
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<div><strong> </strong><strong><span style="font-family:Georgia;font-size:medium;"> </span></strong></div>
<div><strong> </strong><a href="http://www.bensonsothebysrealty.com/Email_Newsletters/Sold_and_Under_Contract/land-solds-2009.pdf"><strong><span style="font-family:Georgia;font-size:medium;">Land Sold Data</span></strong></a></div>
<div><strong><span style="font-family:Georgia;font-size:medium;"><br />
</span></strong></div>
<div><strong> </strong><strong><span style="font-family:Georgia;font-size:medium;"> </span></strong></div>
<div><strong> </strong><strong><span style="font-family:Georgia;font-size:medium;"> </span></strong></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><strong><span style="font-family:Georgia;font-size:medium;">Upcoming Winter Events:</span></strong></div>
<div><a href="http://www.cbnordic.org/events/alley-loop-ski-race/"><span style="font-family:Georgia;font-size:medium;">Alley Loop Nordic Marathon &#8211; February 6</span></a></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><a href="http://www.freeskiingworldtour.com/event.html?id=16"><span style="font-family:Georgia;font-size:medium;">U.S. Extreme Freeskiing Championships &#8211; February 17-21</span></a></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><a href="http://www.adaptivesports.org/page.cfm?pageid=15484"><span style="font-family:Georgia;font-size:medium;">7-Hours of the Banana &#8211; February 27</span></a></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><a href="http://www.aljohnsonrace.com/"><span style="font-family:Georgia;font-size:medium;">Al Johnson Telemark Race &#8211; March 21</span></a></div>
<div><span style="font-family:Georgia;font-size:medium;"> </span></div>
<div><a href="http://www.elkmountaintraverse.org/"><span style="font-family:Georgia;font-size:medium;">Elk Mountain Grand Traverse &#8211; March 26-27</span></a></div>
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<div><a href="http://www.skicb.com/"><span style="font-family:Georgia;font-size:medium;">Last Day of Ski Season &#8211; April 4</span></a></div>
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<div><a href="http://www.bensonsothebysrealty.com/Email_Newsletters/Sold_and_Under_Contract/WinterEvents09-10.pdf"><span style="font-family:Georgia;font-size:medium;">Printable Winter &#8217;09 &#8211; &#8217;10 Calendar</span></a></div>
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<div><strong><span style="font-family:Georgia;font-size:medium;">Featured Business</span></strong></div>
<div><a href="http://www.eastsidebistro.com/"><span style="font-family:Georgia;font-size:medium;">East Side Bistro</span></a></div>
<div><span style="font-family:Georgia;font-size:medium;">Located Next to</span></div>
<div><span style="font-family:Georgia;font-size:medium;">Benson Sotheby&#8217;s Office</span></div>
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<div><strong><span style="font-family:Georgia;font-size:medium;">Making the Connection that Makes the Sale</span></strong></div>
<div><span style="font-family:Georgia;font-size:medium;">by Iyna Bort Caruso</span></div>
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<div><span style="font-family:Georgia;font-size:medium;">Call it the X factor — that certain something that makes a distinctive home stand out in a neighborhood full of distinctive homes. It can be as discernible as a luxury amenity or as subtle as a muted design element, yet it has the power to elevate a real estate transaction from a business opportunity to an emotional attachment.</span></div>
<div><span style="font-family:Georgia;font-size:medium;">In today’s market, the component that says “choose me” can make all the difference, says David Boehmig of Atlanta Fine Homes Sotheby’s International Realty in Georgia. “In past years, there were just a handful of homes matching a buyer’s specifications. Today there can be dozens. Anything sellers can do to differentiate themselves helps their home create a lasting memory in the mind of the potential buyer.”</span></div>
<div><span style="font-family:Georgia;font-size:medium;">In some cases, that differentiator can be a frill a homebuyer wouldn’t think to put on his or her wish list. “A gas lantern outside the front door, for instance, is a little touch that makes the home feel inviting,” Boehmig says.</span></div>
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<div><a href="http://online.wsj.com/ad/article/sir-insights?WC=TABIns"><span style="font-family:Georgia;font-size:medium;">Click here to read the full story&#8230;</span></a></div>
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<div><strong><span style="font-family:Georgia;font-size:medium;">Housing Economists: Sales Are on the Rise</span></strong></div>
<div><span style="font-family:Georgia;font-size:medium;">by Alex Veiga on January 19, 2010</span></div>
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<div><span style="font-family:Georgia;font-size:medium;">The housing recovery should gain moment in 2010, but the improvement will still be slow, according to a panel of economists speaking at the International Builders Show in Las Vegas.</span></div>
<div><span style="font-family:Georgia;font-size:medium;">&#8220;It won&#8217;t be a strong recovery, but it will be a recovery,&#8221; said David Crowe, chief economist for the National Association of Home Builders.</span></div>
<div><span style="font-family:Georgia;font-size:medium;">Crowe forecast that sales of new homes will rise by about 33 percent while resales will go up 7 percent. He expects prices to remain stable in most areas, but some cities may see some slight declines.</span></div>
<div><span style="font-family:Georgia;font-size:medium;">&#8220;I believe we&#8217;ve seen the worst of the house price declines &#8230; The stage is set for the consumer to return,&#8221; Crowe said.</span></div>
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<div><a href="http://www.bensonsothebysrealty.com/benson-sothebys-winter-guide-09-10.php"><span style="font-family:Georgia;">Benson Sotheby&#8217;s Winter Guide &#8211; The Collection</span></a></div>
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<div><a href="http://www.bensonsothebysrealty.com/sky-west-magazine.php"><span style="font-family:Georgia;">SkyWest Magazine by United Airlines</span></a></div>
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<div><a href="http://viewer.zmags.com/publication/7e2baae9"><span style="font-family:Georgia;">Sotheby&#8217;s International Realty &#8211; RESIDE</span></a></div>
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