Economic benefits of quiet recreation are profound
By Josh Lautenberg
Senator Mark Udall is right on target when he talks about the value of protected wilderness for our local economy.
Here in Vail, and in places like Aspen, Snowmass Village, Eagle and Breckenridge, our economy has prospered over the years in large part because of its location in the heart of the Colorado Rockies.
So how does wilderness support the economy?
Because of their famous majesty and beauty, the Rocky Mountains attract visitors from around the world. Think of all the people who can’t wait to leave behind the noise and pollution of the city to come here for their week or two in the mountains. To be able to smell the fresh air and stare at the perfect Colorado blue skies. Continue reading “Opinion: High country businesses support wilderness”→
Flood warnings and wildfires dominated the headlines
SUMMIT COUNTY — This week’s most-viewed story list is kind of biblical, filled with warnings of floods and reports of wildfires near and far, but it does show that accurately reported and timely news is still one of the ingredients for success. But even though these stories dominated in terms of page views, we posted many other interesting stories this past week, some of which would have easily been in the top three nearly any other week. We’ve recently reported on plans for a new ice rink at Keystone and a zip line at Copper Mountain, and, as usual, offered a full slate of environmental stories. Scroll through the list of headlines and click if one of them catches your eye, then don’t forget to use the share button to spread the word via your own social media networks.
Town would acquire Claimjumper and Wedge tracts in exchange for inholdings in the San Juan National Forest
By Bob Berwyn
SUMMIT COUNTY — Two parcels of national forest land in the Breckenridge could come into town ownership as part of a land trade that would convey some private inholdings in the San Juan National Forest into public ownership. The town and the Forest Service signed a formal agreement to initiate on April 4.
Our Future Summit offers roundtable on financing, saving and more
By Summit Voice
SUMMIT COUNTY — Local residents will have a chance to learn strategies for making home buying possible, staying in your home affordably, and selling your home profitably at this month’s Our Future Summitmeeting.
“We will be discussing ways to make home ownership possible for those believe home ownership is out of reach,” said Our Future Summit founder Howard Hallman.
Breckenridge Mayor John Warner: “This is going to be a living document, it’s not going to just go on a bookshelf someplace.”
By Jenney Coberly
BRECKENRIDGE —Annual per capita water consumption has declined by nearly a third since 2000, down from about 250,000 gallons per person to less than 200,000 gallons — a good sign for the town’s long-term sustainability, according to a report released May 11.
To develop the plan, the town used a capacity analysis, envisioning how Breckenridge and Summit County will look in 2030 if things continue along the present course, covering everything from parking to wildlife. Can Breckenridge maintain both its unique character and economic health as it reaches buildout?
Berkeley Lab study quantifies economic benefits of solar installations
By Summit Voice
SUMMIT COUNTY — Adding a photovoltaic solar system to your home is a good environmental move, and now, new research by the U.S. Department of Energy’s Lawrence Berkeley National Laboratory suggests that those homes sell for a premium over homes without solar systems.
“We find compelling evidence that solar PV systems in California have boosted home sales prices,” said lead author Ben Hoen, a researcher at Berkeley Lab. “These average sales price premiums appear to be comparable with the average investment that homeowners have made to install PV systems in California, and of course homeowners also benefit from energy bill savings after PV system installation and prior to home sale.”
The research finds that homes with PV in California have sold for a premium, expressed in dollars per watt of installed PV, of approximately $3.90 to $6.40/watt. This corresponds to an average home sales price premium of approximately $17,000 for a relatively new 3,100 watt PV system (the average size of PV systems in the Berkeley Lab dataset), and compares to an average investment that homeowners have made to install PV systems in California of approximately $5/W over the 2001-2009 period. Continue reading “Photovoltaic systems add to home resale values”→
Watchdog groups say private HOA transfer fees pose a risk to fragile housing market; legislature set to ban the investment scheme
By Bob Berwyn
SUMMIT COUNTY — Colorado lawmakers are moving to join other states in blocking one of the newest unsavory real estate schemes to emerge after the collapse of the bubble.
Senate Bill 11-234 would ban private real estate transfer fees, which have been added to homeowner association covenants during the development phase to fund an investment scheme cooked up by Manhattan-based Freehold Capitol Partners.
The covenants are set up to require that a percentage of the sale price of a home be paid to a private 3d party every time the property is sold, typically for 99 years, explained Rachel Wolf, of the Land Title Association of Colorado. Freehold is attempting to bundle and securitize these fees, and sell them to Wall Street investors. Continue reading “Colorado to block new real estate investment scheme”→