ASPEN REAL ESTATE – A Basalt developer is seeking to become the court-appointed custodian of the Little Red Ski Haus, the latest in a long and bitter fight among the owners of the quaint and once-affordable lodge.The attorney for David Fiore, who owns a share of the lodge, filed… Read More
The Estin Report Aspen Snowmass Real Estate Weekly Sales and Statistics: Closed (5) and Under Contract/Pending (8): Feb. 20 – 27, 11
Tim Estin is an active Aspen real estate broker with Mason Morse located in the center of Aspen opposite Little Annie’s Restaurant. This blog, www.AspenRealEstateBlog.com or Tim Estin’s blog, is released Monday mornings and sometimes in-between. Read More
Housing: Is It Time to Buy? WSJ
The Relationship Between the National Housing Market and Local Markets Is Breaking Down—and Opportunities Are Cropping Up for Well-Heeled Buyers. …Confusing though the various statistics may be, they do point to one overarching conclusion: Now is a good time for upper-income buyers in most markets to start looking. Here’s What… Read More
High Priest of Stats Is the Go-To Guy, WSJ
Mr. Silverblatt is apt to answer that question with a staccato series of his own: By what measure? Over what time frame? Until the recent selloff, the S&P 500 had doubled off its March 2009 bottom. To find a rise that fast you would have to go back to 1936,… Read More
Theatre Aspen & John Denver Sanctuary to Get New Rio Grande Entry, ADN
“This all will have a relationship now,” Charles Cunniffe, the project lead, said before Tuesday’s meeting, adding that the entrance to the Theatre Aspen tent will face a new direction — to the east and Independence Pass — so people will walk along the ecological landscape before entering the venue. Read More
Census Data Shows Roaring Fork Valley Boomed in Last Decade, AT
Aspen’s growth was small at 12.6 percent over the decade. It grew by 744 people. The population was 5,914 at the start of the decade and 6,658 at the end. ASPEN REAL ESTATE – The counties of the Roaring Fork Valley were among the fastest growing in the state… Read More
Snowmass Base Village Foreclosure Sale Appears Imminent, ADN
SNOWMASS REAL ESTATE – A major roadblock to a foreclosure sale of the Snowmass Base Village project was lifted when a construction firm did not submit a $15 million bond before a court-imposed Wednesday deadline, meaning the project could be auctioned off on the courthouse steps in a matter… Read More
The Art and Science of Inflation Expectations, WSJ
‘Tinker Bell’ Economics Colors Inflation Predictions: The notion is that if we all expect inflation, we’ll seek higher wages, prices and rents, and that will produce the inflation we expect. Conversely, no matter what’s happening in Libya or grain markets, no matter how much yelping about commodity prices squeezing profit… Read More
Investors Waltz On, Eye Exits, WSJ
Fed Helps Markets, Economy Return to Precrisis Levels; End of Stimulus Feared…U.S. GDP has returned to its precrisis levels and rose to a record in the fourth quarter of 2010. Manufacturing activity is at the highest level since 2004, according to surveys by the Institute for Supply Management and the… Read More
The Estin Report Aspen Snowmass Real Estate Weekly Sales and Statistics : Closed (8) and Under Contract/Pending (10): Feb. 13 – 20, 11
Tim Estin is an active Aspen real estate broker with Mason Morse Real Estate located in the center of Aspen opposite Little Annie’s Restaurant. This blog, www.AspenRealEstateBlog.com or Tim Estin’s blog, is released Monday mornings and… Read More
Foreclosure of Snowmass Base Village May be on Hold, ADN
“A delay in the foreclosure is not in anyone’s interest,” DeFrancia said. “It doesn’t allow us to get clear ownership so [Base Village] can restart itself and move forward.”Without a defined owner, issues such as sales (the project has 610 approved ski-in, ski-out condos and condo/hotel rooms), injunctions, town entitlements… Read More
Aspen Real Estate Market Update: Signs of Growing Confidence: Six Aspen Properties Over $14MM = Sold (4) and Under Contract (2) Between Jan 31 – Feb. 19. 2011
Link to weekly post Feb 13-20 Aspen Snowmass Weekly Sales and Statistics. Update: Since Jan 31st, there have been (6) big money Aspen real estate transactions over $14MM: Five (5) of these have occurred in the past 10 days alone with (3)… Read More