Aspen workers jump at shot at a starter condo: Studios, one-bedrooms drawing most interest in housing lotteries.

ASPEN — Workers looking to gain a foothold in Aspen are helping keep one piece of the local real estate market booming — affordable housing.With less than two months left in 2009, the Aspen-Pitkin County Housing Authority has nearly doubled last year’s sales mark with 81 units sold for a total of $18.3 million. In 2008, the authority recorded 43 sales worth a total of $9.3 million.“It’s mind-boggling to me, how many sales we’ve had this year,” said Cindy Christensen, housing operations manager. While units sized for families — particularly those in the three- or four-bedroom range — aren’t drawing the interest that they used to, studios and one-bedrooms continue to attract dozens of prospective buyers, the authority’s sales data shows.“On everything but one-bedrooms, it has slowed down,” Christensen said. “The need for the studios and one-bedrooms hasn’t waned at all.”
By Janet Urquhart, Nov. 13, 2009 Aspen Times

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