Monthly Archives: April 2013

Vail real estate inventory down 34.5 percent

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Signs point to housing recovery, brokers say Ron Byrne and Associates is pleased to announce Vail real estate is rebounding with Vail real estate inventory down 34.5 percent. This six-bedroom, 12-bathroom home on 100 Vail Road is listed for $18.5 million. A new report shows there has been a continued reduction in real estate inventory across the Vail Valley. The Vail Board of Realtors released its first “quarterly indicators report” to its members this week and it says the decreased inventory had effects on other metrics, such as number of sales and median sales prices. All of those factors combined with a continuation of record-low mortgage rates and rising rental costs support a housing recovery, the report stated. Inventory levels are 34.5 percent lower than they were in the first quarter of 2012, the report showed. This time last year there was roughly 17 months of inventory available; now there is nine and half months of available inventory in the Vail Valley. Further, the average time that properties spend on the market is decreasing and median sale price is on the rise. “This shift may mean that for owners who were on the fence about listing a property; the time…

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Pro cycling tour returns to Vail

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  Stage ending at Beaver Creek will include steep climb through Bachelor Gulch Vail, CO, Colorado Ron Byrne & Associates is thrilled that the pro cycling tour returns to Vail! Christian Vandevelde pushes up the final section of the Vail time trial in the 2011 USA Pro Cycling Challenge in Vail. The Vail time trial is back on this year’s route for the seven-day stage race. About the USA Pro Challenge When: Aug. 19-25. What: Racers roll through eight host cities from Aspen to Denver. Total miles: 599 To learn more: Go to www.USAProChallenge.com. The event is on Twitter at @USAProChallenge. The nation’s most prestigious professional bike race returns to Vail this summer and adds a grueling leg from Steamboat Springs to Beaver Creek. The USA Pro Challenge is scheduled to roll through the valley August 22 and 23. The seven-day stage race runs Aug. 19-25. Riders will once again race the Vail time trial, which traces its lineage to the days of the Coors Classic. That’s Aug. 23. But it’s the Aug. 22, Steamboat Springs-Beaver Creek stage that should be the racers’ most challenging. They’re calling it the Queen’s Stage and it gives Steamboat Springs its first start. Steamboat…

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Top five mud-season patios

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When ski resorts shut down, follow our brokers at Ron Bynre & Associates Real Estate Vail to sun-drenched decks for a nice afternoon relaxing in Vail’s spring weather.  We want to share the top five mud-season patios with you. ===================== The best of the rest When the resorts turn into ghost towns, there are still plenty of patios for sun-drenched dining and drinking. A few up-valley standouts include: Castle Peak Grille, Avon – Hidden from major roadways at Traer Creek Plaza, the concrete patio is relatively quiet and plenty entertaining, with corn hole, ladder ball and barbecue on Sundays when the weather cooperates. Gore Range Brewery, Edwards – The Vail area’s only true brewpub also boasts a stellar deck, tucked beneath a grain silo and surrounded by trees. It’s either secluded or bustling depending on the day, but it pairs well with brewery’s trademark Fly Fisher Red. Zino Ristorante, Edwards – Views of the Eagle River compliment fresh, comforting Italian for daters on a budget. Visit on Tuesday evenings for $6 mussels on the heated patio, complete with bocce ball. Crazy Mountain Brewery, Edwards – This local favorite is more of a parking lot than a patio, but wooden picnic…

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The most wonderful time of the year

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Local anglers show why springtime on the Eagle River is a remedy for mud-season blues  ================== Guided fly fishing The Vail area is packed with fly-fishing guides, and most offer a variety of trips for groups of every size. A few of our favorites: – Minturn Anglers, 970-827-9500 – Gore Creek Fly Fisherman, 970-754-5400 – Eagle River Anglers, 970-328-2323 – Vail Valley Anglers, 970-926-0900 =================== That’s right.  Some might have end of ski-season blues, but at Ron Byrne & Associates, we know some consider it the most wonderful time of the year. During an early-April ski vacation, Anthony Mills stumbled upon the best fishing of his life. And he found it within steps of Interstate 70. For the past few years, Mills and his family have come to Eagle County with friends from their Atlanta-area neighborhood. This season’s trip was cut short when Mills’ son hurt his tailbone on the first day, and with a full week remaining, he scrambled to find off-hill activities. They’d been snowmobiling and dog sledding in the past, but fly fishing along the Eagle River seemed unorthodox with the slopes still covered in snow. On a quiet Wednesday morning, Mills took a break from casting…

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Analysts expect Vail Resorts’ stock to rise

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At Ron Byrne & Associates Real Estate Vail we are not surprised to hear analysts expect Vail Resorts’ stock to rise.  We have highlighted the main reasons for you below. Why analysts like Vail Resorts: • High-quality assets. • Strong pricing power. (Season pass prices alone are trending 4 percent higher for the 2013-14 season. Season pass revenue has almost doubled during the past five years to about $135 million.) • Reinvestment into the business, such as Epic Discovery, which is expected to grow summer revenues. • High-end guests from destination markets. • New urban strategy in which the company bought two Midwestern ski areas — one near Minneapolis and one near Detroit — in order to drive destination business from feeder markets.

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Celebrate End of Vail Ski Season with Spring Back to Vail in April

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Upcoming Vail spring events include Spring Back to Vail, a week long Colorado Rocky Mountain celebration. This end of ski season festival features a week of free concerts, fun on-mountain events, après ski parties, giveaways and prizes, and more, all celebrating Vail’s 50th anniversary. Spring Back to Vail runs from Monday, April 8 through Sunday, April 14. The lineup of free Vail concerts for Spring Back to Vail is marked by highly-anticipated performances by O.A.R., Sublime with Rome, and Jimmy Cliff. O.A.R. Is an alternative rock band that will be performing at Ford Park on Friday, April 12, with an opening performance by Patrick Dethlefs at 6:30 pm. Sublime with Rome, known for their grooving reggae, ska, and punk tunes, are scheduled to perform on Saturday, April 13 at Ford Park with an opening performance by Air Dubai at 6:30 pm. The renowned reggae musician, Jimmy Cliff, is scheduled to perform on Sunday, April 14. Eminence Ensemble is Jimmy Cliff’s opening act performing at 4:00 pm at the Solaris Plaza in Vail Village. All Spring Back to Vail concerts are free. A Spring Back to Vail Expo Village will be set up in the Mountain Plaza base area from Friday,…

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