Diane Aronovic's (darono) Blog

Since I am a numbers person, I always like looking at numbers to examine what is going on in a market. Whether it's looking at historical trends to predict future trend lines, or just examining numbers to be able to gauge the past, numbers never lie. So let's take a look at what the Crested Butte...

Thursday, 05 May 2011 07:14 Crested Butte real estate prices have never been cheaper, in dollar terms. With the US dollar trading near all time lows, now is a tremendous opportunity for investment in Crested Butte real estate. Here in Crested Butte, we have been receiving our Gunnison County ass...

Yesterday we in Crested Butte got the news that Thompson Creek Metals Company Inc. has terminated its option agreement with US Energy Corp. to mine Mt. Emmons (aka Red Lady) for molybdenum. I think most locals were very excited about this news, as although it would potentially increase local jobs...

I found this blog online where a Vail citizen talks about coming to Crested Butte to avoid the crowds at Vail, and has a great time. It is a great read from the perspective of someone used to a very different ski resort and town. It's great that he has such nice things to say about Crested Butte ...

Ok, I may be jumping the gun here a little, but with the majority of real estate people I talk to starting to get positive about the upward trends we are starting to see, the lack of new building may, in the not too distant future, be a problem. Housing starts have just about stopped. (See "Why Y...

MARKET FOR VACATION HOMES IS ON THE RISE - WSJ MONDAY, 10 JANUARY 2011 07:33 Today's Wall Street Journal article is about Vacation Home sales picking up due to lower prices and deeper pockets due to the stock market recovery. Our home prices in Crested Butte, CO are still quite low and offer gre...

I saw a blurb today from a financial analyst saying that even the rich are turning to rentals now. I thought this was interesting for a few reasons. It does make a great deal of sense for people, including the wealthy, to rent vacation homes rather than purchasing. A vacation home is usually in a...

This being election day, I think it's a really good time to talk about change. Not "Change We Can Believe in" which was President Obama's campaign slogan, but change as in doing things differently and for the better. We have gotten ourselves into a situation whereby true change of our governmenta...

The wildfire in Boulder County this weekend is a terrible thing, many people have lost their homes, and others are in limbo while firefighters work hard to save their homes. This terrible event got me thinking about how lucky I am to live in Crested Butte. Sure, our weather and altitude necessita...

The first question on many people's minds when they initially realize that a market is going down is, "where is the bottom?" People have been asking that about the stock market and the real estate market for a couple of years now. Chartists pontificate about various chart shapes and how they are ...