Vail & Aspen surpassed $1 billion in real estate sales in 2010. A more vigorous real estate economy has been evident in the Vail and Aspen areas this year. Eagle County, where Vail is located, surpassed $1.25 billion through October, while Pitkin County and Aspen were a few steps behind at $1.02 billion. Both had… Read More
Discounted Aspen Colorado Home Fetches Highest Sale in 2010
Real estate prices may be down considerably across Colorado’s ski resort towns, but some very high-end real estate continues to get sold in Aspen Colorado and Pitkin County. A luxurious estate near the base of West Buttermilk sold this week for $31.5 million. This deal is thought to be the most expensive single-family home sale in… Read More
Crested Butte and Gunnison Part of the Quizno’s Pro Cycling Race in 2011
The Quiznos Pro Challenge officially announced the stages for their inaugural 2011 pro bike race today. The first big time pro cycling race to grace Colorado in a long time will run next summer from August 22-28, 2011. The event will feature seven stage races. And, two of those stages will feature Crested Butte and Gunnison! This is tremendous… Read More
Buyer’s Market In Aspen Colorado?
The times they are a-changing. The Aspen Daily News.com reported yesterday that Aspen, Colorado’s real estate market has "evolved" into a buyer’s market. When a single-family home in the West End recently sold for $788 per square foot, buyer’s noticed, so did sellers and everyone else in Aspen. Single family homes in Aspen have sold… Read More
Morris & Fyrwald Resurrect Aspen Sotheby’s
Morris & Fyrwald, one of Aspen Colorado’s best real estate firms jumped on the opportunity to acquire the Sotheby’s real estate affiliation for Aspen when the previous Sotheby’s affiliate in Aspen folded last month.Here is an excerpt from today’s Sotheby’s International Realty press release: "Sotheby’s International Realty announced that Morris & Fyrwald Real Estate in Aspen, Colo.,… Read More
No Russian Oil Money in Crested Butte Yet
Good day, The Russians are coming. The real estate market has slowed in Colorado ski resorts, but there are still people buying property – expensive property. The Aspen Times reported that a home in the Aspen area recently sold for $20.75 million, and another home in Snowmass Village sold for $14.5 million. The buyer of the Snowmass home is a Russian… Read More
Skiing in June, Aspen Mountain Re-Opens
Good day, Aspen Mountain is going to reopen for some summer skiing this weekend. Colorado’s epic winter has officially spilled over into summer. The resort will reopen 45 acres of intermediate, snow-covered terrain high up on the mountain’s where the average snow depth is about 3 feet. The resort plans to be open on Friday,… Read More
Aspen’s Market Cools Off “A Bit”
Good day, A report today from Aspen Colorado showed the real estate market for Pitkin County is finally slowing down. Local real estate agents state that the national credit and lending crisis is not causing any direct impact on the market, as Aspen’s customers usually pay cash, no matter what the price, although some prospects seem to be waiting to see how the… Read More
Aspen’s Affordable Housing Woes
Happy November! The snow was flying at the end of October in the Rocky Mountains. Recent storms put 5 feet of snow on the ground in ski resorts all over the place and Arapahoe Basin broke a 60 year old record by opening as early as they did! Preseason holiday bookings for Crested Butte are up over last year and… Read More
Housing Dilemma for Ski Resort Workers
Good afternoon readers, “Wealthy property owners don’t want affordable housing, but they want their slopes groomed" – comment from the President of Deer Valley Lodging Premier Resorts in Park City Utah. Interesting article below on a very sensitive issue that faces all ski resort communities: employee, local or affordable housing. Crested Butte has grappled with this… Read More