THE PORCHES EXPERIENCES STRONG SALES IN 2010 AND IS POISED FOR A BENCHMARK YEAR IN 2011 AS LUXURY MARKET REBOUNDS
Steamboat Spring’s Most Desirable Year-Round Community Boasts an increase in Traffic, Rentals and Sales
(STEAMBOAT, CO) January 19, 2011 — The Porches of Steamboat Springs, Colorado, www.theporches.com announced today that it continues to buck the trend in the luxury second home market in Steamboat Springs by maintaining strong sales activity over the course of 2010. Enjoying a 10 percent increase in walk-in traffic year over year and strong interest from a multitude of second home buyers across the country, The Porches has made five sales; two fractional interests in the Private Residence Club and two whole ownership units, as well as the resale of their largest home at $3.49 million. This level of activity is unparalleled in the current luxury vacation home market in Steamboat.
“We believe that our sales success this year is thanks to a combination of our unique product offering and the slow resurgence of the luxury second home market,” said Bruce Shugart, developer of The Porches. “We have remained true to our vision and have consistently delivered on our promise, emphasizing three core tenants: quality craftsmanship, exceptional service and attention to detail. As the economy rebounds, these elements will propel us toward a strong year ahead.”
The Porches is Steamboat’s premier community for families looking to create lifelong memories. Located at the base of the ski resort, The Porches redefines the term “luxury” in the area, offering nightly rentals as well as whole and fractional ownership in one of the country’s hottest mountain destinations. Each residence offers four- to five-bedrooms and bathrooms, large gourmet kitchens, personal game room, cozy fireplaces, flat screen TVs and a bunkroom for the kids.
For more information visit www.theporches.com or call 866.500.6673. For media inquiries contact Courtney Lis at 970.581.6231 or courtney@vocapr.com .
About The Porches
