Monthly Archives: May 2014

Bachelor Gulch Remains Active

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Bachelor Gulch has been one of the most active areas in the valley over the past year, with 34 full ownership sales. Ron Byrne and Associates is pleased to have brokered the highest sale, 602 Bachelor Ridge, which closed for $11,900,000. In addition, our listing at 3455 Daybreak Ridge, offered for $10,995,000 is under contract and scheduled to close in June.

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June Vail Event: Vail Arts Festival

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If there is empty wall space in your home that could use brightening up with a vivid painting, or a spot on a shelf that would perfectly display a small ceramic piece, Vail has the answer. This year, the Vail Arts Festival celebrates its 30th anniversary. Visit Lionshead Village this summer, and view an incredible collection of artwork from 100 artists. A fun summertime event, the Vail Arts Festival provides festival-goers with the opportunity to browse and purchase artwork in a wide variety of styles.  On display will be original paintings, drawings, jewelry, sculpture, ceramics, photography, lithographs, and more. In addition, the Vail Arts Festival offers free activities for kids, making this event fun for the entire family. Check out the Vail Arts Festival from June 27 – 29, 2014. The team of Vail Valley real estate experts at Ron Byrne Real Estate & Associates hopes to see you in Lionshead Village in late June. We are excited to view the unique and inspired paintings, drawings, and sculptures! Keep up-to-date on Vail real estate news and Vail events by following the Ron Byrne blog. Find out what the small mountain enclave of Avon is doing to improve their town, and…

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EAGLE COUNTY — Since the local real estate market collapsed in 2009, the comeback has been sporadic at times. The first quarter of this year may mark progress on a sustained recovery. In the first three months of this year, the local market exceeded both the number of sales and the value of those sales — the “dollar volume” — for the same period in 2013. The number of first-quarter transactions was only a bit higher — just 6 percent — but the dollar volume jumped by 33 percent for the quarter to $329.1 million. That’s the highest quarterly total in a five-year period dating to 2010. The transaction number was also the highest posted in the period since 2010. The early trend this year shows market strength where it was lacking in 2013 — in dollar volume. Resort market strong The resort market was strong during the recently-concluded ski season. And, the number of closed deals — the only ones Land Title counts — is set to jump significantly in April. There were 26 sales in Beaver Creek in the first quarter of this year. Those sales carried an average price of $1.35 million. The most expensive single sale…

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Town of Avon improvements

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We are thrilled to hear about long overdue projects coming to fruition in Avon.  If you are interested in relocating to the base of Beaver Creek, please call Ron Byrne & Associates to tour Avon real estate.  These Town of Avon improvements are very exciting! AVON — Mike Brumbaugh has owned Venture Sports in Avon for nearly a quarter-century. For virtually all of that time, he’s hoped to see the town become an easier, friendlier place for pedestrians and cyclists. It looks like he’ll see a number of those changes this year. A combination of public and private projects in town will transform the look of the older part of town in the months leading up to the 2015 World Alpine Ski Championships. The public projects are largely on the west side of Avon Road — the street that runs from Interstate 70 to the base of Beaver Creek. With one very significant exception, the private projects are on the east side of Avon Road. That exception is a new 58-unit building of time-share condos being built by Wyndham. That condo building, right at the town’s primary bus stop, will add more people to the area leading to Nottingham Park….

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Denver gets a new international air destination: Panama City

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Ron Byrne & Associates is thrilled to hear the news of Denver’s newest nonstop flight.  RBA has many international real estate clients. Governor John Hickenlooper and Mayor Michael Hancock high-five after the announcement of nonstop service between DIA and Panama City at a press conference Wednesday, May 7. United Airlines will fly nonstop between Denver International Airport and Panama City, officials announced Wednesday. Denver leaders have long had their sights set on the Central American city for a nonstop flight, seeing it as a gateway to destinations across Latin America. The service will begin Dec. 3, subject to government approval. Service will be offered daily November through August and five times weekly in September and October. Denver Mayor Michael Hancock, Colorado Gov. John Hickenlooper, DIA manager Kim Day and United officials announced the new destination at a news conference Wednesday on the steps of the City & County Building. Hickenlooper visited Panama City last year to promote commerce between the two cities. Wednesday, he said the city will be an important hub for international commerce, especially when the expansion of the Panama Canal is finished. “It will be a major source of commerce, and it’s incredibly important for Denver to…

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