Friday, October 27, 2006

Early Snow Slams Summit

WE HAVE SNOW!
In the last couple of days, mother nature has bestowed over two feet of snow in most of Summit County. As a result, Keystone Ski Area is going to open a week early (November 3), and Keystone spokeswoman Amy Kemp says "Looking back, it appears to be a record" adding that "ideal snowmaking conditions have also helped prep the mountain for the big day" according to an article in the October 27th Summit Daily News.
At Breckenridge, avalanche control work was conducted at the ski area where two feet of snow fell overnight.
In another article, it was reported that for the first time in five years, the Summit County Schools were closed due to the thick blanket of snow covering the county. School superintendent Millie Hamner was quoted as saying "Today, Mother Nature threw us a curve ball".
This all bodes well for the real estate market" says Susan Gunnin, author of this blog. "To a great extent, ski area real estate values, are a function of the quality and quantity of skiing in the same way that beachfront properties are a function of great water-related recreation. The better the skiing, the more valuable ski area property becomes".
To learn more about this phenomenon, check out Susan's web site or email her.