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The Madoff clients of Aspen are coping with staggering losses, seeking advice from lawyers and tax experts and, in a few cases, considering selling their homes. A couple of friends launched a support network, the Phoenix Group, vowing to "rise from the ashes."Adding to the anguish, many of their names… Read More

Follow@EstinAspen on twitter for blog posts and news on Aspen real estate. Click the twitter button directly below or the “conversation” button at the end of this post. At twitter, you’ll have the option of signing up for a twitter… Read More

Aspen Real Estate Market  Last Week's Sales: July 7 - July 14, 24 - Week 28 Read More

ASPEN REAL ESTATE - The five lots the U.S. Forest Service is looking to carve out of its Aspen West End property and sell via an online auction could each fetch between $2 and $2.5 million, according to a local real estate expert, and accommodate at least a 3,200-square-foot house... Aspen real estate broker Tim Estin [with Coldwell Banker Mason Morse] said that there have been two land sales in the West End this year, and two additional lots are under contract.A 7,500-square-foot corner lot at 501 W. Hallam closed for $2 million in January, Estin said, while another 6,000-square-foot lot closed for $4 million in April. There is an active listing for a 6,000-square-foot lot near the Forest Service’s land that has been on the market for 832 days, Estin said. The original list price of $2.68 million has been lowered to $2.48 million, he said. Based on that and other asking prices for West End lots, Estin estimated the parcels could each go for $2 to $2.5 million, although he said the Forest Service’s motivations and timeline will have a lot to do with the final sale price. Estin also suggested that the Forest Service might be wise to not put all five lots to auction at once. “Five lots would be flooding the system a bit,” he said. Snelson said the agency has taken that concern into account, and is evaluating all strategic options. By Curtis Wackerle, Sept. 12, 2012 ADN The USFS property in Aspen, bordered by Hallam and 7th St on the bottom, is slated for redevelopment. Five lots in the upper right are to be sold to fund a project that includes a new admin. bldg. and visitor center, at lower left, and other facilities. Courtesy AT and U.S. Forest Service Read More

By Tim Estin mba, gri  | Mason Morse Real Estate, Aspen |  970.920.7387 office Oct 28, 2008 (Updated from the original article, Mountain Business Journal, January 2nd, 2007) Immediate Market Highlights: Our market may have slowed but it has not stopped … we are not immune but we are insulated. Here’s what Aspen property is moving now. The overall theme is “ instant gratification” sells Superb, Aspen in-town locations and drop dead new remodels and new construction Trophy purchases, $$ seemingly no object. Realistic priced properties with motivated sellers who understand marketplace conditions and realities. Great perceived ‘value’ buys. Buyers are absolutely more discriminating than ever. West End single family homes: transactions are off -20% YTD, but off -50% from the peak YTD 2006. However, price/sq ft is higher; new product is selling; people want to be in-town, walk to everything. Aspen downtown core sales have plummeted, down 70% YTD, -76% 3Q08 and -61% below the lowest YTD 2004 Snowmass Village (SMV) single family home activity is on the uptick as sellers mark down prices and inventory begins to move. New Snowmass Base Village sales YTD have been off the chart upwards. Unknown: if developers and builders start to capitulate, how will it affect existing home prices and sales? Read More

John Bogle, the well known mutual fund advisor and author of Enough: True Measures of Money, Business, and Life wrote, “There was a sign in Einstein’s office that says, “There are some things that count that can’t be counted and some things that can… Read More

Click image for full report and charts. Summary is below. Click image for full report and charts. Summary is below.(v18) About this Report The Estin Report on Aspen Snowmass real… Read More

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

Follow@EstinAspen on twitter for blog posts and news on Aspen real estate. Click the twitter button directly below or the “conversation” button at the end of this post. At twitter, you’ll have the option of signing up for a twitter account and/or to receive as RSS feed of this blog… Read More

The Sept 2016 YTD Aspen Snowmass Real Estate Market Snapshot was posted on Mon Oct 3rd in Current Reports.The Monthly Snapshots… Read More

The Sept 2016 YTD Aspen Snowmass Real Estate Market Snapshot was posted on Mon Oct 3rd in Current Reports.The Monthly Snapshots… Read More