Aspen real estate. updated regularly.
Coldwell Banker Mason Morse Aspen broker agent and native, Tim Estin mba, gri, publishes The Estin Report and blog on Aspen real estate, a primary source for market and pricing information and a marketing platform for his listings. He is a leading Aspen agent and belongs to CB Previews International elite top 1% brokers worldwide for outstanding performance. Whether selling or buying Aspen property, please see what others say. For assistance, call 970.920.7387 or by email.
Scroll down for most recent postings and select market updates. The Estin Report blog on weekly Aspen Snowmass sales activity May 12 - 19, 2013 was posted on 5/20/13 with photos and details - this market information is exclusively posted here in a consistent timely manner. The Esrin Report: Q1 2013 State of Aspen Snowmass Real Estate was posted in Current Reports on April 20, 2013.
North Star Nature Preserve elevated view property for sale:
Stunning Aspen homesite next to a breathtaking landmark.
Red dot is homesite. Click map to enlarge.
"North Star Preserve is one of Colorado's last great places," says The Nature Conservancy: 3.4 acre parcel with older Main House and Cabin; 180 degree views of North Star Preserve, river and 310 acres of open space only 1.5 miles east of Aspen
Click link for details. Call Tim Estin 970.920.7387 to inquire.
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Recent updates: twitter@EstinAspen Real time. The most recent Estin Report updates are listed below - Aspen real estate news articles, blog posts, reports, etc. To follow on twitter, use the button in the top banner.
The Estin Report © Be educated. The umbrella name for published market reports, the blog, news and tweets - all of it - on and about Aspen Snowmass real estate.
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Aspen & Luxury Real Estate News and Market Stats Archives What's happening. Scroll down the list of real estate news headlines and click for article synopsis and links.
Tim Estin's blog Be informed. Weekly property sales activity with links, photos, details and comments. Blog archives start at 2008.
Search EstinAspen.com A resource. The Estin Report has been accumulating Aspen Snowmass real estate information online since 2005 - some annual and half-year Estin Reports include historical market information going back to 2003-2004. Search by MLS #, date, topic, address, condo complex, development name, etc.
Distressed Homeowners Ponder Whether to Stay or Go, WSJ
SCOTTSDALE, Ariz. -- Four years ago, Mr. Gindlesperger, a police officer, and his wife Kelly, a real-estate agent, paid $650,000 for a four-bedroom house in this wealthy Phoenix suburb. They believed they were getting a bargain price for the area and made a 20% down payment, using a 30-year fixed-rate mortgage to pay the balance. To help pay for their eldest daughter's college costs, home improvements and a wedding, they took out a second mortgage against their home. Now they owe about $647,000 on the two mortgages. But home prices on average have dropped about 48% in the Phoenix area since peaking in mid-2006, according to the First American CoreLogic index...Families like the Gindlespergers are among millions of Americans who are "underwater" on their mortgages, owing more than the current value of their homes, and they face a dilemma: Keep making payments and hope for the best -- or walk away, give up their home and accept the seven-year blemish of a foreclosure on their credit record.
By James R. Hagerty, Nov. 25,2 009 WSJ
Link to article