Heather Connor, Your Local Crested Butte Realtor. 970.209.8050. heather@cbblackdiamond.com. HeatherConnor.com
Additional information, visit CrestedButteNews.com
Good morning everyone, this is Heather Connor, your Local Realtor, sharing the local news for the Crested Butte and Gunnison Community. My goal is to get you updated on the relevant local happenings, in just a few minutes.
Nationally, Pfizer has announced a vaccine for COVID-19 that is supposed to have a 90% effectiveness rate. The markets response? "This is a gamechanger." Stocks soared to record highs and mortgage-backed securities and Treasuries prices fell sharply, causing rates to rise. Rates also endured a similar response with the 10-year yield rising to .98% on Monday, well up from .71% just days before. By the end of the week, the yield settled above .90%, off the highest levels but still a big rise week over week.
CBMR's online reservation system went live. Starting November 6th, passholders were able to go online and make priority reservation days for the core season. While CBMR did not have specifics to share, local Facebook forums shared that some users saw user ques as high as 100,000 and some reported hours of wait time and some difficulty navigating the system.
Between November 1 and November 9th, 70 new positives were recorded in the county. Of those, 56 were related back to Western College. The university took actions that shifted all learning to online, suspended athletics, and closed the cafeteria and made all food grab-and-go. The good news is that many of the 70 cases have been mitigated due to contact tracing methods and there have not been anybody admitted to the Gunnison Valley Hospital. As well, Western has taken the previously mentioned mitigation efforts and the countys K-12 students seem to be staying safe with the new measures.
Don't forget to look on our site for all properties that have sold the last week and our community events calendar that is interactive and keeps you up to date on what is happening in Crested Butte. For further information on any of the topics, you can click on the links to the Crested Butte News. As always, if you are considering purchasing or selling your home in this beautiful valley give me a call. Stay safe out there folks, this is your local realtor, Heather Connor, signing off on the local news.
