SNOWMASS VILLAGE — Based on first quarter returns, the town of Snowmass Village is currently projecting a 75 percent decrease in its 2009 real estate transfer tax collections…As real estate sales have continue to slide, the town recently reined that estimate back by nearly $2.25 million — to about $1.25 million…“There’s just very few sales occurring right now, though recently there have been a few more contracts,” said Town Manager Russ Forrest. First quarter returns dropped “in the neighborhood” of 75 percent between 2008 and 2009, he said.
By Katie Redding, April 17, 2009, Aspen Daily News

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