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The Estin Report
Aspen real estate intelligence
A primary source for Aspen Snowmass real estate property and market information. Be informed with timely accurate facts. Straight talk, discrete, a work ethic you won't believe and the highest level of broker service imaginable.
Tim Estin mba, gri
Previews Specialist
Coldwell Banker Mason Morse
Real Estate - Aspen
970-920-7387
tim@estinaspen.com
US Mountain Time
The clock is counting down for amazing Aspen property opportunities:
Inventory is falling, prices have stabilized, rates are low.
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In the News
Tim Estin has contributed articles and comments on Aspen real estate in the following publications:
ABJ: Aspen Business Journal AM: Aspen Magazine BB: Bloomberg News
ADN: Aspen Daily News LRER: Luxury Real Estate Report CPR: Colorado Public Radio
AT: Aspen Times DP: Denver Post LRE: LuxuryRealEstate.com
RMT: Rocky Mountain News WSJ: Wall St Journal KAJX: Aspen Public Radio
ASM: Aspen Sojourner Magazine MBJ: Mountain Business Journal NW: NewWest.net
ML: Merrill Lynch Wealth Mgmt Report
Article links are below.
Low End of Market Sees Prices Rise Nationally But Not in Aspen, ABJ
ASPEN REAL ESTATE - Housing prices across the country may be rising on the lower end, but that trend isnʼt necessarily being felt in the Aspen area. Yet there are indicators emerging that owners who wish to sell properties that are priced below $1 million should find encouraging. “There are positive signs that the market has been scraping along the bottom and the worst is over,” said broker Tim Estin of Coldwell Banker Mason Morse, author of the real estate analysis entitled “The Estin Report.” In a forthcoming letter about Aspen core condo sales, Estin said that in the third quarter of the year, 13 condos priced below $1 million sold as compared to six in that price range between July 1-Sept 30, 2011. However, thereʼs a harsh reality to these statistics: Both average and median prices of properties that topped out at around $1 million dipped by 41 percent and 34 percent respectively. So whatʼs the good news? Well one indicator Estin has noted is, “I donʼt believe prices will further erode.” And another? “Well priced, well located, recently remodeled condos and units representing solid value to buyers are selling - in some cases at a premium.”
By Madeleine Osberger, Oct. 8, 2012 ABJ
Read more...
More Articles...
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Aspen Home Sales Up This Summer, but Overall Market Still Down, ABJOct 04, 2012
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Good August Sales Boost Aspen Real Estate, AT 09.21.12Sep 21, 2012
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USFS Looking to Sell Five West End Aspen Lots, ADNSep 12, 2012
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Aspen's Smuggler Area Spec Home Sells at Record Discount, ABJSep 09, 2012
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Aspen Real Estate Sales Down Through June, But Read the Fine Print, ABJAug 02, 2012
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Monthly Aspen Snowmass Real Estate Report: Lack of Big Ticket Sales, ABJJul 06, 2012
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Aspen Real Estate in First Half of 2012 Bounces Along Rough Spots, AT Jul 04, 2012
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Aspen Land Sales Signaling Market's Return, Summit DailyJul 01, 2012
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Hedge-funder John Paulson is Prince Bandar's Aspen Estate Buyer for $49M, ADNJun 07, 2012
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Paulson Buys Saudi Prince’s Ranch in $49M Deal, BBJun 06, 2012
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No Little Nell Hotel for Snowmass? ATMay 19, 2012
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Monthly Aspen Real Estate Report: Feb Anchors Drop in 1Q 2012 Sales, ABJApr 11, 2012
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Monthly Aspen Real Estate Update: Feb '12 Steep Decline after Jan '12 rise, ABJMar 12, 2012
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Colorado Resort Homes Sell at Slower Pace, Lower Prices, DPMar 07, 2012
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Aspen Real Estate Report: Improvements but with Caveats in 2011, ABJFeb 07, 2012
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"High End of Aspen's Real Estate Market Continues its Rebound", KAJX Aspen / NPR Public Radio News Interview with Tim EstinNov 24, 2011
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Aspen Real Estate Sales Increase But Slowly, ADNOct 15, 2011
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Sales of Colorado Mountain Resort Homes in July Lowest in Years, DPSep 09, 2011
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Russian Billionaires Buy U.S. Estates as Overseas Wealth Flows, BBAug 03, 2011
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Mega-mansion Deals Spur Rebound in Aspen Market, GJSJul 18, 2011
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Estin Report Featured on the Aspen Music Festival 2011 ProgramJul 01, 2011
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Colorado Public Radio Interview with Tim Estin, "Real Estate in Aspen Recovering" Mar 08, 2011
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Aspen Public Radio Interview with Tim Estin, "Behind the WSJ 'Aspen' Article Numbers"Mar 08, 2011
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Aspen: The Most Expensive Town in America, WSJMar 04, 2011
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Aspen-Area Economy Begins to Turn the Corner, ATFeb 14, 2011
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Aspen Housing Market on the Rise, Denver PostDec 31, 2010
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Ski Resort Real Estate Rallies from 2009, ATDec 31, 2010
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Estin Report: 2010 Aspen Real Estate Summary, Aspen Business JournalDec 31, 2010
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‘Aspen Legacy’ Property in Aspen Downtown Core Under Contract, ADNNov 02, 2010
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Aspen’s High End Real Estate is the Hot Trend, ADN Aug 02, 2010
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Stealing Condos, Aspen Sojourner MagazineJun 01, 2010
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Pricing? What's your Aspen Property Worth? Aspen MagazineMay 25, 2010
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Estin Report Says March Activity Boosts Real Estate Sales, ADNApr 06, 2010
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Tim Estin Interviewed on Colorado Public Radio/NPRJan 05, 2010
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Broker: Aspen Spec Home Market Leads Real Estate Decline, ADNNov 06, 2009
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Madoff Scandal Effects (Aspen) Community, Rocky Mountain News (Final Edition)Feb 28, 2009
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Ski Towns Ride Out Global Downturn, The National, Abu Dhabi, UAEDec 16, 2008
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Escalating Aspen Real Estate Values Astound Even ExpertsSep 04, 2006
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Pitkin County Pushes Smaller HomesSep 06, 2006
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Aspen 2008 Economic Outlook: Will the Rich Keep Spending, ADN Jan 02, 2008
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Unconventional Wisdom: Why the Big Bad Bubble May Pass Us Over, Aspen Magazine Magazine Feb 2008Feb 03, 2007
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Aspen Real Estate: Bubble? A look to 2007, NewWest.net, Jan 24 2007 Jan 24, 2007
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Off the Charts: Aspen's Unprecedented AppreciationSep 04, 2006
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Super-Size My HouseAug 06, 2006
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How Big is Too Big? The new Pitkin County Land Use Code - Resort Properties,07/06Jul 01, 2006
Disclaimer: The statements made in The Estin Report represent the opinions of the author and they should not be relied upon exclusively to make real estate decisions. Information concerning particular real estate opportunities can be requested from Tim Estin at 970.920.7387 or by email. A potential buyer is advised to make an independent investigation of the market and of each property before deciding to purchase. To the extent the statements made herein report facts or conclusions drawn from other sources, the information is believed by the author to be reliable. However, the author makes no guarantee concerning the accuracy of the facts and conclusions reported herein. The Estin Report is copyrighted 2013 and all rights are reserved. Use is permitted subject to the following attribution: "The Estin Report by Aspen broker Tim Estin mba, gri".
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