The mid Roaring Fork Valley, only 18 miles west of Aspen, has been a buyer’s market since the recession struck in late 2008. Given how severely the recession hit and how far prices fell, it will take time for a recovery to occur, a broker commented. Read More
Aspen City Council Lifts its Cap on Vacation Rentals of Homes and Condos, ADN
Aspen Planning and Zoning Commission member Bert Myrin, who spoke during an hour-long public comment session, cautioned that unlimited vacation rentals could degrade the character of residential neighborhoods over time. But others who spoke said renting their property on a short-term basis was an important part of their Aspen… Read More
Demand For Homes Continues To Show Recovery, WSJ
“When you ask people why are they in the market right now they tell you, ‘Because home prices have stopped falling in some sickening way,'” said Glenn Kelman, chief executive of Redfin Corp., a Seattle-based brokerage. “They worry they could lose a little bit, but there was a time… Read More
The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (5) and Under Contract (5): Mar 18 – 25, 12
Scroll down page for prior week’s market activity. THE ESTIN REPORT: STATE OF THE ASPEN REAL ESTATE MARKET 2011 YEAR AND 4TH QUARTER released Jan 9, 12… Read More
Pitkin County Land Use & Growth Control Proponent Dwight Shellman Jr. Dies, AT
Former Pitkin County Board of Commissioners Michale Kinsley credited Dwight Shellman and Joe Edwards for the lack of condo complexes and strip malls on the outskirts of Aspen today, as did Aspen Mayor Mick Ireland, also a former county commissioner. “People often remark that they can tell they’re entering… Read More
Human Nature:The “Poor Me” Defense of the ‘Thrifty’ Billionaire Heiress, WSJ
Just as with the others, Ms. Ecclestone’s thrift defense stands in stark contrast to her real life. We know this, because of a recent documentary, which shows her parading around in her mansion, flying around in her jet, buying a million-dollar bathtub (made from Mexican crystal) and taking her… Read More
Different Opinions on Midvalley Basalt Open Space Purchase, AT
In unveiling the purchase contract, Pitkin County noted the acquisition would secure a trail connection from the Rio Grande Trail, which runs adjacent to Hooks Spur Road in the area, up onto the Crown. An existing trail connection from the Rio Grande to the Crown adjacent to… Read More
Aspen Synagogue Construction to Begin on Main Street, AT
Project had experienced years of delays… The Main Street property for the new building lies between Third and Fourth streets and was bought in 2003 for $6.3 million. It’s the site of the temporary center and the L’Auberge d’Aspen Lodge cabins. Most of the cabins will be removed… Read More
Two Properties Sold at Aspen’s Fox Crossing Auction, ER
One luxury spec house and one homesite sold in Saturday’s live auction of properties in Aspen’s Fox Crossing neighborhood. The winning bid for the four-bedroom home at 511 Walnut was $2.95 million plus 10% buyers premium ($3,245,000), and the undeveloped lot sold for $814,000 plus 10%. ($902,000). Another… Read More
Plans Moving Forward for Basalt Garden, BMX Park, ADN
BASALT REAL ESTATE – Midvalley gardeners and freestyle bikers may have a new place to play in the dirt this summer, as a management plan for public lands beside Basalt High School advances. The Basalt Town Council unanimously approved the management plan on Tuesday for the 25-acre plot, formerly… Read More
The Estin Report Aspen Snowmass Weekly Real Estate Market Update: Closed (5) and Under Contract (12): Mar 11 – 18, 2012
Scroll down page for prior week’s market activity. If this site is of value, choose Tim as your broker, refer others, click “Like” above. THE ESTIN REPORT:… Read More
East of Aspen Trail to Be Completed to Difficult Campgound, AT
Once the trail connects to the campground, offering a seamless nature walk or easy mountain-bike ride back and forth from Aspen along the edge of the 310 acre North Star Preserve without using Highway 82, it is expected to become even more popular with runners and bike use. Read More