Perfect Mountain Home Real Estate Blog 

Featuring Area News & Information about Summit County & Surrounding Mountain Communities

May 17, 2022

Summer in Copper Mountain

Copper Mountain is So Much Fun! Summer Activities for the Whole Family at the Copper Mountain Resort


Are you looking for a place with unlimited options for the entire family this summer? Look no further than Copper Mountain CO! This charming village offers something for everyone. Copper Mountain is the perfect place to enjoy the natural mountain environment, from zip-lining to fantastic hiking and biking trails. There's always something going on, from concerts and festivals to mountain biking and golfing.

See Copper Mountain live via webcams.


Summer Activities

In addition to world-class skiing and snowboarding in the winter, there is a variety of summer, family-friendly activities on Copper Mountain. So grab a snack at Sugar lips mini donuts or City Pop Popcorn and specialty sweet shops and browse the family fun activities below!


copper mountain zip lining adventure

Alpine Rush Zip Line

Copper's newest summer thrill is one of the most popular attractions at Copper Mountain. This high-speed zip line takes you on a thrilling ride under the blue skies, and through the trees, providing stunning views of the surrounding mountains.


Quad Power Bungee Jumping

In this kid-friendly event, you may enjoy trampoline and bungee jumping! The Quad Power Leap enables people to jump and do gravity-defying movements like flips and somersaults simultaneously. Participants may range in age from 18 months to 210 pounds for the quad power bungee jump. The Bungee is situated at the foot of the Rocky Mountain Coaster in the Flyer Lot.


Woodward Copper

This is an action sports training ground that offers classes and camps for all levels. Woodward Copper Mountain is a paradise for snowboarders, skiers, and skateboarders throughout the whole year. The Barn was the first indoor snowboard training and indoor ski training facility designed specifically for advancement in terrain parks and pipes. It included trampolines, foam pit, and snowflex jumps in addition to other features. Learn some new moves in the Barn, then test them out in Copper Mountain's terrain parks and pipe to see how well they hold up.


Woodward Wrecktangle

Ever dream of being a ninja? In the heart of Copper's Center Village, this outdoor ninja obstacle course offers nine separate sections of exciting and fun-filled challenges to accomplish. Cargo nets, balancing beams, rope swings, and more are included!


Participants must be five years old, 36 inches tall, and weigh at least 30 pounds.

WreckTangle is an immersive experience for kids and adults that includes exhilarating hurdles, supportive teachers, companionship with friends, and the pleasure of completing a new and enjoyable task.


Create an account with the new Woodward WreckTangle app. The World's Fastest Ninja Competition is open to anybody who purchases a WreckTangle session and an RFID bracelet. Please see or the WreckTangle app for qualifying rules and regulations.


Mini Golf

An 18-hole course is located near the center village. This 18-hole course is great for both kids and adults. Test your putting skills and see who can get the best score.


Copper Creek Golf Course

Copper Creek Golf Course- The Copper Creek Golf Course is perfect for a day on the links. Challenge yourself to a round of golf and see who can come out on top.


Scenic Lift Rides

Views of the mountains and fresh air are the best of both worlds. Woodward Express and American Eagle chairlifts provide a relaxing way to see the mountain without exerting effort. Pack a lunch and plan to trek back down to make the most of your time.



The only Go-Kart track in Summit County lets you compete with loved ones and friends! Register at Copper Sports in Center Village or at the track in the Chapel Lot by filling out an application. To drive a Go-Kart, you must be at least 56 inches tall.


Climbing Wall

Test your climbing skills on the tallest outdoor wall in Colorado! The climbing wall is perfect for both beginners and experienced climbers. There are routes of varying difficulty, so you can challenge yourself as much or as little as you like.



The trampoline is a great way to get some air and fun. You can practice your flips and tricks or just bounce around enjoying the view.



There are also various shops and restaurants to explore at the Copper Mountain Resort. So whether you're looking for the perfect souvenir or a delicious meal, you'll find it here.


Tennis & Pickleball

The public tennis and pickleball courts are perfect for challenging your friends and family to a match.


family Hiking in the mountainHiking

There are many hiking trails to choose from, so you can explore the beautiful scenery at your own pace. Copper's mountain hiking routes are open to the public for free. Alternatively, arrange a picturesque chairlift ride to the summit of the American Eagle lift and then trek from there! In addition, guided hikes are frequently available. See the summer hiking trail map here.


Track your stats and find your friends. Download the Copper Mountain Tracking app here.


Popular Hiking Trails:

Mountain Roads:

Hiking is permitted on all of our mountain roads (and biking). These roads have a novice rating (green).


Chickaree Way:

Intermediate level (blue). Head west down I-Road from the top of Woodward Express Lift to the base of Timberline Express Lift, where the path begins. After crossing the Colorado Route, the trail returns to West Village.


Trail in Colorado:

From west to east, towards the foot of Copper Mountain, the Colorado Trail runs through it.


Alpine Overlook:

At around 12,000 feet, leave the A-Road towards the top of the Super Bee & Resolution lifts. The route separates, with one branch continuing east to Spaulding Bowl and the other west to Union Bowl. Views of Copper, Union, and Jacque Peaks and the Ten Mile, Gore, and Sawatch Ranges are spectacular. 


Hallelujah Loop:

The 3/4-mile track begins at 11,250 feet at the top of the American Eagle lift and ascends to 11,350 feet. Cross the A-Road by following the gravel route parallel to the road. Continue up the stone stairs and through sub-alpine woods, following the arrows until you reach the edge of Hallelujah Bowl.


Family mountain biking copper mountainMountain Biking in Copper Mountain

Biking in the mountains is a great way to see the sights and get some exercise. There are trails of varying difficulty and diverse terrain through the White River National Forest to go at your own pace. The downhill biking at Copper Mountain is some of the best in the state. The mountain is also home to world-class terrain parks, making it a mecca for freestyle riders. Bike rentals are available in town at Copper Sports Bike Rental and Repair, located in Camp Hale Outfitter, Center Village.

The Union Creek Quad bike haul, which operates daily from 10 a.m. to 4 p.m., will transport you with your mountain bike to the top of the chairlift, and then you may ride down. Riders have the option of choosing between Easy and Intermediate Terrain.


West Lake Water Sports

Bumper boats and hydro bikes! 


The Rocky Mountain Alpine Coaster

The Rocky Mountain Coaster at Copper is a great way to get your adrenaline pumping. You can race your friends or enjoy the ride. The Rocky Mountain Coaster, at 5,800 feet in length, is one of the longest alpine coasters in North America.

During the 430 vertical feet of decline, the altitude decreases by an average of 10.9%.


Because the roller coaster is operable in both winter and summer, it is an attractive option for a fun activity regardless of when you choose to come.



If you're an avid fisherman, then Copper Mountain is your place. The town is located right on the Blue River.

If you're an avid fisherman, then Copper Mountain is your place. The town is located right on the Blue River and is home to various fish, including trout, salmon, and more.



Copper Mountain hosts many festivals throughout the year, most notably the Winter Dew Tour and the Union Peak Festival, the Red, White, Brews, and Tunes festival. Festivals such as the Winter Dew Tour give athletes a chance to show off their skills while also providing entertainment for spectators. In addition, the festivals bring in many visitors to the small mountain town and offer an excellent opportunity to experience the unique culture of Copper Mountain.


Copper Mountain events and festivals are posted on the resort's website. So if you are looking for a fun way to spend your vacation, be sure to check out the celebrations in Copper Mountain.


Just a Short Drive Away

Copper Mountain is conveniently located in central Summit County and is just a short drive from Denver. This means that you can quickly get to the mountain for a day of skiing or boarding and then head into the city for nightlife and dining.


Copper Mountain is also close to other major ski resorts, including Breckenridge, Keystone, Vail, and Beaver Creek. This makes Copper Mountain the perfect place to base yourself when exploring Colorado.


Frisco Adventure Park 

Frisco Adventure Park is a great place to spend a day with your family. There are hiking trails, biking trails, and various other activities to choose from.


Copper Mountain is the Perfect Destination

Whether you're looking for a place to learn new skills or just have some fun, Copper Mountain is the perfect destination. Check out our Copper Mountain real estate listings! We have a wide variety of properties to choose from, all conveniently located near the best that Copper Mountain offers. So whether you're looking for a cozy condo or a luxurious ski chalet, we've got you covered. Contact us today and let us help you find the perfect place to call home.


What are you waiting for? Pack your bags and head to Copper Mountain today! You won't regret it.


Posted in Summit County
April 28, 2022

Frisco Colorado- Your New Home Base?

7 Reasons to Make Frisco Colorado Your Next Home Base: The Most Central and Convenient Location in Summit County

Frisco Colorado central location Zillow

Looking for a place to call home in Summit County? Look no further than Frisco, Colorado. Frisco is known as the "Main Street of the Rockies" due to its great dining and convenient shopping all year round.  This charming town is located just off of I-70 and is only 10 miles north of Breckenridge. With its prime location and endless amenities, it's no wonder why Frisco CO is such a highly sought after real estate market! Whether you're looking for a luxury custom estate or an efficient studio condo, Frisco has something to offer everyone. Come check out what this amazing town has to offer! You won't be disappointed. 

Colorado is a beautiful state with endless opportunities for outdoor enthusiasts and families alike. If you're considering a move, you may be wondering if Colorado is the right place for you. In this blog post, we'll outline seven reasons to consider Frisco, Colorado as your next home base. First and foremost, Frisco is centrally located in the state and offers easy access to both the mountains and the plains. Additionally, Frisco has amazing amenities and a thriving community spirit that make it an ideal place to call home. Keep reading to learn more!

1. Frisco is centrally located in Summit County and just a short drive to all the best ski resorts

Copper Mountain ski area near Frisco Colorado RedfinOne of the best things about Frisco is its central location. It's just a short drive to world-renowned ski resorts like Breckenridge, Copper Mountain, and Keystone.  But that's not all! Frisco is also close to world-class hiking, biking, and fishing. So whether you're looking to hit the slopes or take a leisurely stroll around town, Frisco is the perfect place for you. 

2. The town is home to a variety of businesses, including restaurants, shops, art galleries and services

There's always something to do, whether you're exploring the historical downtown area or checking out one of the many art galleries. Frisco is also home to a variety of festivals and events throughout the year. 

Art Galleries in Frisco Colorado  

-Gatherhouse Studio and Gallery  Come check out glassblowing classes for all levels!

-Summit County Arts Council- Arts Alive Gallery

-Frisco Art Collective

-The Sunny Side Up Studio

-Todd Powell Photography Gallery

These are just a few of the many art galleries in town! Come visit Frisco Colorado to see them all. 

Frisco Colorado Has Restaurants for Every Taste

Frisco has a variety of restaurants that will suit any taste. From upscale dining to casual cafes and coffee shops, there's something for every taste and budget.  

- The Lost Cajun- Cajun: gumbo, etoufee, beignets, and more!

- 5th Avenue Grille

- Outer Range Brewing Co

- Ollie's Pub & Grub

- The Butterhorn Bakery and Cafe- Bakery

- Hacienda Real

- Silverheels Bar & Grill

- Vinny's Restaurant

These are just a few of the many great places to eat in Frisco, Colorado.  

3. There are plenty of outdoor activities to enjoy in Frisco, from hiking and biking to fishing and skiing

Frisco colorado view of lake real estateIf you're looking for a town with endless outdoor activities, look no further than Frisco Colorado. With its close proximity to world-class ski resorts, hiking trails, and fishing spots, there's something for everyone in Frisco! So come experience all that this amazing town has to offer and make Frisco your new home today! 

-Frisco is located just a short drive from world-renowned ski resorts like Breckenridge, Copper Mountain, and Keystone. 

-Frisco is also home to a variety of fishing spots, so be sure to bring your rod and reel! 

Frisco is home to some of the best hiking trails in Summit County! Some of our favorites include: 

-The Frisco Peninsula Recreation Area Trail 

-The Rainbow Lake Trail 

-Sapphire Point Overlook Trail

Frisco Colorado is a great place to go snowmobiling. Some of the best places to go snowmobiling near Frisco include: 



- Copper Mountain 

-Arapahoe Basin 

No matter what your interests are, you'll find plenty of things to do in Frisco Colorado. So come see why so many people are choosing to call this amazing town home!

4. The town hosts several events throughout the year, including music festivals and holiday celebrations

Frisco colorado municiple clock Zillow

You'll never be bored in this town! There's always something to do, whether you're exploring the historical downtown area or checking out one of the many art galleries. Frisco is also home to a variety of festivals and events throughout the year. No matter what your budget or taste, Frisco has something to offer everyone. 

Festivals in Frisco Colorado

Frisco is home to a variety of festivals and events throughout the year. Some of the most popular festivals in Frisco include: 

-Concert in the Park Series- June through September

-The Frisco BBQ Challenge- Held annually in June, the Frisco BBQ Challenge is one of the most popular events in Frisco. 

-Frisco's Fabulous 4th of July Celebration

-Frisco BrewSki 

-The Frisco Gold Rush Days - Nordic races for all ages held annually in February.

-Frisco Fall Fest- September  

-Wassail Days - An event celebrating hot, spiced, cider held annually in November-December.

Many other events fill the calendar, so mark your calendars and come on down to experience all that Frisco has to offer! You won't be disappointed.

5. Frisco is a great place to live or visit for those who love the outdoors and want easy access to all the action in Summit County!

Frisco Colorado downtownIn addition to its endless amenities the town of Frisco, Colorado is also a great place to raise a family or retire. With its low crime rate and high quality of life, it's no wonder why so many people are choosing to call Frisco home. So if you're looking for a safe and friendly community to settle down in, look no further than Frisco! 

Family activities in Frisco Colorado 

There are a variety of family activities to enjoy in Frisco Colorado. Some of the most popular activities include: 

-Frisco Adventure Park 

-Frisco Historic Park & Museum 

-Tenmile Range Traverse 

-The Frisco Nordic Center 

So if you're looking for a place to call home in Summit County, look no further than Frisco Colorado real estate. With its prime location and endless activities, it's no wonder why Frisco is such a highly sought after real estate market for families!


6. Accessible Public Transportation 

-The Summit Stage provides free buses that run throughout Frisco, Breckenridge, and Dillon.

-The Summit Stage also runs from the Frisco Transit Center to Copper Mountain Resort.

-For those who want to explore further, the town of Frisco is just a short 1hr 40 min drive from Denver International Airport (about 95 miles).   Denver International Airport is the main airport serving the Denver metropolitan area.

Vail Eagle Airport is the closest airport to Frisco, Colorado and is located just 45 minutes away.


7. What's the Real Estate Market Like in Frisco Colorado? 

The real estate market in Frisco Colorado has something for everyone.  Whether you're looking for a luxury condo or a cozy mountain cabin, you'll find it all in Frisco. So come see why so many people are making this town their new home and contact a Frisco real estate agent today!

Some of the most popular neighborhoods in Frisco, Colorado are: 

-Bill's Ranch Neighborhood 

-The Water Dance & Wooden Canoe Neighborhood 

-The Main Street / In Town Neighborhood 

Each of these neighborhoods has their own unique charm and amenities that make them special. So come see why so many people are making Frisco their new home and contact a Perfect Mountain Home real estate agent today!

Contact us today for more information on Frisco Colorado Real Estate.

Frisco, Colorado is a town that has something for everyone. So come see why so many people are choosing to call this amazing town home!  And if you're thinking about buying or selling a property in Frisco, contact the real estate experts at Perfect Mountain Home for more information on Frisco Colorado. Browse all Frisco homes for sale.

Call or Text: (970) 368-2799

Contact Us

Posted in Summit County
March 18, 2022

Another 5 Star Review

We are so grateful for our wonderful clients. Here is a review from another satisfied customer!

5 Sars Google Review

3/15/2022 - Hugo Serri Google Review

Bought a single-family home in 2022 in Keystone, CO.


My wife and I first met George Friou in June 2021. We contacted him after searching for a broker in Summit County, Colorado. It became immediately clear that finding a home in the mountains would be a significant challenge.


From the very beginning, George remained confident and helped us understand better all the factors at play. The market in this area is exceptionally competitive and having the right agent working with you is decisive.


George showed us many excellent properties in the Breckenridge area, where we were initially interested, but most importantly, he showed us some other at Keystone. He provided us with sound reasons to consider more than one location. And that proved to be the best strategy.


We were gratefully surprised to learn that his diligence and dedication went way beyond the moment when we finally signed the contract. He remained working with us throughout the tiresome stage of securing financing, and his invaluable advice helped us assess all available options calmly and rationally.


Additionally, he helped us ensure that the property was conveyed with all the appliances, hardware items, and installations as agreed upon with the seller.


George went beyond his duties with integrity, honesty, and care. Therefore, we definitely recommend his services.

Posted in Resources
March 17, 2022

7 Tips for Making a Winning Bid

7 Tips for Making a Winning Bid in a Competitive Real Estate Market


Are you thinking of buying a home in Summit County, Colorado? If so, you're not alone. The real estate market is booming, and there are plenty of opportunities for buyers despite the fact that the number of homes available for sale is low. However, in a competitive marketplace like this, it's important to be prepared to move quickly and make a strong bid.

If you're thinking of buying a property in today's competitive market, following these tips will help you make a winning offer. As licensed real estate agents in Colorado, we understand that the real estate market can be competitive. That's why we're here to help you make a winning bid on your dream home. Here are our top 7 tips:


1. Get pre-approved for a mortgage: 

image of getting pre-approved for a mortgageSecuring financing is one of the most important steps you can take in the home-buying process. Getting pre-approved by a mortgage lender will give you a clear budget to work with and show sellers that you're a serious buyer. The mortgage lender will help you understand how much home you can afford by estimating monthly payments which include mortgage payment, fees, and property taxes. Additionally, avoid any major personal financial changes to assets, credit, or income during the mortgage process (examples include: spending money on a new car or other large expenditures, co-sign another loan, changing jobs or bank account or making large deposits in your bank account.) When in doubt, check in with your lender or real estate agent to discuss any large financial changes that may occur after applying for a loan to see if the following conditions would affect your ability to secure a mortgage.


2. Research the market: 

As the real estate market is constantly changing, and it can be difficult to keep up with the latest trends. However, as a buyer, it's important to have a general understanding of the real estate market in the neighborhood you are interested in before making an offer on a home. Make sure you know what similar homes are selling for in the area. This will give you a good idea of how much money you should bid on the home you're interested in. Create a customized market report for your town, area, and property type. Search sold listings history, pending properties, and active homes on the market by city, region, neighborhood, price, square footage details, and more definitions. 


3. Be prepared to move quickly: 

Being able to close on a home quickly is important in a competitive market. Make sure you have all your paperwork ready to go and are prepared for a quick closing. At the end of February, the average days on the market was only 4 days, meaning that newly listed homes go under contract within just a few days.


4. Make a strong offer: 

image of client working with real estate agent signing real estate contracts summit county real estate

In a competitive real estate market, it's important to make a strong offer that stands out from the competition. This could mean making an all-cash offer (if this works for you) or increasing your down payment. Sometimes it's necessary to be flexible on your price and terms in order to win the home you want. Have your agent reach out to the seller's agent to find out what terms the buyer is looking for, sometimes this includes the ability to lease back the property for a certain period of time, or other terms and conditions. If there are multiple offers on the same home, be prepared to come in with your best offer. This approach can often allow you to save money because it can get your offer accepted right away without the situation advancing to a bidding war or triggering an escalation clause.


5. Make your best offer upfront: 

In a bidding war, it's important to put your best foot forward from the start. Making a lowball offer can alienate sellers and could lead to them choosing another buyer. Buyers often take it personally if their offer is rejected, however for sellers, accepting a winning bid is most often like making a business decision. If you have a strong interest in a property, submitting a strong initial offer will show sellers that you are serious. 


6. Have a real estate agent represent you: 

Licensed real estate agents at Perfect Mountain Home, LLC have extensive knowledge of the local market and can help you navigate the bidding process in a competitive environment. Having an experienced Perfect Mountain Home real estate agent on your side will give you an edge in a competitive market. They can help you navigate the process, communicate with the seller's agent, and make sure your offer is as strong as it can be. 


7. Don't get discouraged: 

Even in a competitive market, there's always a chance of finding a home you love. Keep looking and stay optimistic and you'll find the right property for you.


In Summary, if you're thinking of buying a home in a competitive marketplace, contact us at Perfect Mountain Home, LLC real estate. We would be happy to help you find the perfect home and make a winning offer. We hope these tips help you make a winning offer on your perfect mountain home. For more information on the real estate market, or to learn about our services, please contact us today. We look forward to hearing from you soon! 


Posted in Resources
March 10, 2022

January 2022 Summit County Real Estate Market Reflection

January 2022 Real Estate Market Reflection


Silverthorne, Colorado "reflection of Buffalo mountain in North pond"Although January is usually a sluggish month for Summit County real estate, the latest Land Title Guarantee Co. report indicates promise: Despite a 23% drop in transactions, the monthly monetary volume was up 28% over January 2021. Even if sales are down, prices are still rising and demand remains robust. 


According to the MLS (as of March 2nd) there were 74 single-family houses, townhomes, and condominiums for sale in Breckenridge, Frisco, Dillon, Silverthorne, Copper Mountain, and Keystone. 23 of the 74 homes for sale are still under construction and not suitable for immediate occupancy, leaving just 51 move-in ready homes. Because there are so few possibilities, purchasers usually seek beyond Breckenridge and Frisco and instead look to Silverthorne. 


Silverthorne now has a lot of promise with new projects like Fourth Street Crossing and sites like Summit Sky Ranch, Apres Shores, and Blue River Flats.  In January, Land Title reported that the municipality had the greatest percentage of sales. In January, Silverthorne sales accounted for around 19% of sales — 24 transactions. Breckenridge sales accounted for 16% of total sales over the same period, while Keystone sales accounted for 15%. 


Silverthorne had $46 million in real estate sales in January, while Breckenridge had $31.4 million. 


Buyers may be looking elsewhere due to Breckenridge's rising market prices. According to Land Title, the town's average price per square foot is $1,000, similar to Vail and Aspen. 


According to Land Title's survey, the average price for such a house has risen to nearly $2.5 million, compared to $1.7 million last year. It's significant to note that this large increase in average price is in part due to at least two high priced home closings. A mansion sold for $12 million and another for close to $7 million in January, according to the report. Only five transactions included sales of $500,000 or less. As 2022 progresses, and more sales are recorded, the average price should normalize to more accurately reflect market conditions.


While there are concerns about rising interest rates and new short-term rental rules in place for some communities in Summit County, the market looks to be staying constant and tracking well compared to previous years.


deJong, Jenna, and “Fewer Summit County Real Estate Transactions in January Still Raked in More Volume in Sales Compared to the Same Month in 2021 | SummitDaily.Com.” Fewer Summit County Real Estate Transactions in January Still Raked in More Volume in Sales Compared to the Same Month in 2021 | SummitDaily.Com,, 3 Feb. 2022,

Posted in Market Updates
Jan. 11, 2022

Celebrate Winter at Keystone Resort

Celebrate Winter with Snow-Packed Mountain Activities at Keystone CO Resort


If the mountain is your passion, then it only makes sense to live in a place where you can spend your days skiing, hiking, climbing, and biking. Basking in the warm sunshine under towering peaks, you’ve taken your first step. It’s winter now and as a skier all you want is to be able to ski as much as possible. The choices for places to live in Colorado are seemingly endless, but one of the many attractive options for skiers is Keystone, Colorado real estate for sale or rent. 


Base of the Keystone Resort ski hill with skiers and gondolaWintertime at Keystone Resort is a magical place for skiers, with both day and night skiing. However Keystone recreations offerings go well beyond just downhill skiing. For those who prefer off-the-slope activities, Keystone Resort offers many winter recreational options including mountain top snow tubing, a nordic center with more than 9 miles of groomed cross country skiing trails, horse-drawn sleigh rides, ice skating on North America’s largest outdoor, Zamboni-maintained ice rink, snowmobile touring, and gondola rides.


Keystone Resort has a strong real estate market with many options for residential homes, luxury condos on the golf course, slope-side, and next to the shops downtown. With the popularity of buying vacation homes, Keystone Resort should have a positive real estate trend for many years to come. 


One advantage of purchasing real estate in Keystone is that the resort area is (for the most part)* exempt from recently imposed short-term rental restrictions and caps which have been implemented in many other areas of the county. A strong supply of newly constructed luxury homes and condominiums provides several options for home buyers in this beautiful resort community. 


The small town atmosphere, the majestic mountains, and all the jaw-dropping beauty makes Keystone Resort one of the most perfect places on earth for all levels of skiers and non-skiers alike. Perfect Mountain Home realtors are dedicated to keeping you updated with the most current and accurate real estate information on everything in Keystone Resort. 


*Information in this post is solely educational in nature and may not be indicative of final rules/regulations regarding short-term rentals in Keystone Resort, as they may be subject to change at anytime. Additionally, each complex or community may impose other restrictions regarding short-term rentals. The buyer assumes full responsibility of determining rules/regulations regarding permitting of short-term rentals of properties they are interested in prior to purchase.

Posted in Keystone
Oct. 5, 2021

The Rise in Mortgage Rates & Summit County Affordability

The Main Key To Understanding the Rise in Mortgage Rates and How it Affects Summit County Home Buying Affordability

The Main Key To Understanding the Rise in Mortgage Rates | MyKCM

An important aspect of buying a home in Summit County, Colorado is affordability. Mortgage rate fluctuations can greatly impact affordability and affect your ability to buy and finance your dream home in Colorado. Changes in mortgage rates have a direct impact on monthly affordability of a home, as even a small increase in mortgage rates translates to higher monthly payments. However, there may be some good news for buyers... rising mortgage rates may help moderate the housing market and stabilize prices. There are keys to understanding why mortgage rates are trending higher. For questions about finding a home for sale in Summit County or if you need assistance in finding a lender, please contact us today.

Summit County Buyer Purchasing Power

 Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a press release accompanying the survey, Sam Khater, Chief Economist at Freddie Mac, explains:

“Mortgage rates rose across all loan types this week as the 10-year U.S. Treasury yield reached its highest point since June.” 

The reason Khater mentions the 10-year U.S. Treasury yield is because there has been a very strong relationship between the yield and the 30-year mortgage rate over the last five decades. Here’s a graph showing that relationship:The Main Key To Understanding the Rise in Mortgage Rates | MyKCMThe relationship has also been consistent throughout 2021 as evidenced by this graph:The Main Key To Understanding the Rise in Mortgage Rates | MyKCMThe graph also reveals the most recent jump in mortgage rates was preceded by a jump in the 10-year Treasury rate (called out by the red circles).

So, What Impacts the Yield Rate?

According to Investopedia:

“There are a number of economic factors that impact Treasury yields, such as interest rates, inflation, and economic growth.”

Since there are currently concerns about inflation and economic growth due to the pandemic, the Treasury yield spiked last week. That spike impacted mortgage rates.

What Does This Mean for You?

Khater, in the Freddie Mac release mentioned above, says:

“We expect mortgage rates to continue to rise modestly which will likely have an impact on home prices, causing them to moderate slightly after increasing over the last year.”

Nadia Evangelou, Senior Economist and Director of Forecasting for the National Association of Realtors (NAR), also addresses the issue:

“Consumers shouldn't panic. Keep in mind that even though rates will increase in the following months, these rates will still be historically low. The National Association of REALTORS forecasts the 30-year fixed mortgage rate to reach 3.5% by mid-2022.”

Bottom Line

Forecasting mortgage rates is very difficult. As Mark Fleming, Chief Economist at First American, once quipped:

“You know, the fallacy of economic forecasting is don't ever try and forecast interest rates and or, more specifically, if you're a real estate economist mortgage rates, because you will always invariably be wrong.”

That being said, if you’re either a first-time homebuyer in Summit County or a current homeowner thinking of moving into a home that better fits your needs or lifestyle, it's important to keep an eye on mortgage rates and to regularly discuss affordability with your realtor and lender. Contact us today to learn more about home buyer affordability in Summit County, Colorado. 

Posted in Market Updates
July 12, 2021

2021 Summit Wildfire Awareness

Protect Your Summit County Home Against Wildfires!

- Protect Your Home

- Grants for Mitigation

- Summit County Chipping Program Dates 2021

2021 Summit Wildfire Awareness Information provided to you by Summit Realtors and the Colorado Association of Realtors. Please contact us if you have any questions or would like additional information. Also visit for more information on wildfire prevention and mitigation. 

2021 wildfire awareness summit county

Wildfire Awareness

Wildfire awareness and mitigation

Wildfire mitigation Summit County

Posted in Summit County
June 29, 2021

Thinking of Buying Land?

Thinking About Purchasing Land in Summit or Park County?


The desire to building a custom home on your own piece of land in Summit / Park County can be very enticing. The thought of having a custom mountain home to enjoy with friends and family for years to come is the dream of many. Some may find themselves considering a land purchase in the mountains because they cannot find an existing home for sale that meets their needs and budget. Others may dream of building their very own perfect mountain home to embrace the process of building an alpine residence from start to finish. Search Summit and Park County land listings here


The draw to buying land in Summit / Park County and building a custom residence is that you’ll have control over the entire process, from the creative design of your custom mountain home to choosing an architect and builder, landscaping, and interior design. However, buying a buildable lot or plot of land can present challenges and seem like an uphill (no pun intended) battle if you are not familiar with the ins and outs of buying land in Summit / Park County. View the all available land/lot listings on a map.


Owning land in Summit County can be a good investment, as long as you take the time to research and become aware of all the potential risks and considerations. It’s essential to work with an experienced local real estate professional familiar with the Summit County / Park County area in which you are considering a land purchase. Search Park county lots over 1 acre here. An excellent real estate agent will know the pros and cons of various locations and neighborhoods in which you are considering buying land. They will walk you through the process of buying land to help make the entire process smooth and predictable, which in the end, will save you time and money. Search Summit County lots over 1 acre here.


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(This article will provide you with a list of the minimum essential considerations for buying land for development in the Summit or Park County.)


Don't hesitate to reach out to our knowledgeable real estate agents at Perfect Mountain Home if you have any questions or would like more information or up-to-date market information. We are always here to help! 


Posted in Resources
Feb. 15, 2021

Home Warranty Vs. Home Insurance



When purchasing a new home in Summit County, Colorado, it’s important to do in-depth research on all facets of the home buying process. One thing you’ll need to understand is how to best protect yourself and your Summit County real estate investment if anything were to go wrong. Check out the information on home insurance versus home warranty below to educate yourself on your options.


Home Insurance

interior home kitchenHomeowners insurance pays for any accidental damages and loss that are caused by fire, lightning strikes, windstorms, and hail, however, damage from earthquakes and floods is typically not covered. It also covers the replacement of personal property in case of theft or damage and liability if a person were to get injured in your home or on your property. According to American Home Shield, the average annual cost of a homeowner's insurance policy ranges between $300 and $1,000, and the bank usually asks you to obtain a policy before the mortgage is issued. Make sure to keep in mind that each type of coverage in the policy is subject to a limit and, in most cases, you will have to pay a deductible.


Home Warranty

A home warranty is designed to cover the cost of repairs and replacements of larger appliances and crucial systems in your home that may fail or break due to age and wear and tear. This typically includes but isn’t limited to HVAC, electrical, or plumbing components, kitchen appliances, and your washer and dryer. With a home warranty, you are required to pay premiums year-round, even if you do not use it, and it usually won’t cover damages if appliances were not maintained properly or if the damage is from a fire or other disaster. In addition, home warranties may also charge an inspection fee to have their contractors come out to your property to inspect the damage prior to determining if they will cover the cost of any repairs. They may also have a minimum out-of-pocket deductible before any home warranty benefits will be covered. As with any contract, it’s important to read the fine print of the home warranty prior to deciding if a home warranty is right for you. 


Experienced real estate agent, George Friou, at Perfect Mountain Home is happy to answer any questions you have about homes for sale in Summit County and can provide insight and advice on topics of home purchasing and ownership. View all homes for sale in Summit County here. If you are interested in learning more about the wonderful mountain towns in our community, Breckenridge, Dillon, Frisco, Keystone, Copper MountainSilverthorne, and Park County, please connect with us today! 


Disclaimer: All statements concerning home insurance and home warranties in this post are educational in nature and informational only to provide an insight of how typical home warranty and home insurance policies typically compare. Since policies, coverage, terms and condition, and other contract details can vary widely between policies, it is the home purchaser/owner responsibility to verify all details in the policy/policies for which they are considering.


Photo by Naomi Hébert on Unsplash

Posted in Resources