Land Title Report: Dollar volume last year was lowest since ‘03. The number of real estate transactions in Pitkin County plummeted 40 percent last year while the dollar volume fell 46 percent from 2007’s level, according to a year-ending report by Land Title Guarantee Co. The report, released Monday, showed sales totaled $1.37 billion last year compared to $2.52 billion in 2007. The 2008 amount was the lowest since 2003.The 828 transactions represent a significant decline from 1,379 the prior year. Land Title Guarantee Co. bases its report on sales of all types, from McMansions to trailers. Sales were down every month in 2008 compared to 2007. August was the “best” month with a drop in dollar volume of 21.5 percent.
By Scott Condon, Jan. 27, 2009, The Aspen Times, Aspen, CO

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