Veteran agents say increased activity in fourth quarter makes them ‘cautiously optimistic’ about 2010

ASPEN REAL ESTATE –  The Pitkin County real estate industry experienced its worst campaign in six years in 2009, but veteran brokers found reasons for optimism in the fourth quarter.For the year, total sales sagged to $1.07 billion from $1.37 billion the prior year, according to a report by Land Title Guarantee Co. and The Aspen Times’ examination of deeds recorded in December with the Pitkin County Clerk’s Office. That is a decrease of 22 percent from a year that was itself lackluster. The number of transactions fell to about 703 from 828 the year before. The dollar volume and number of transactions is based on deeds filed with the county clerk through noon Dec. 31.
By Scott Condon, Jan 4, 2010 Aspen Times

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