Resort Real Estate Update - Aspen, CO

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Real Estate Broker/Owner - Stirling Peak Properties - DRE# 40018805
Covering current events and updates affecting real estate in the resort areas of Aspen and Snowmass Village and the Valley; Basalt, Carbondale, and Glenwood Springs.
Home resales slipped 4 percent in May, falling below the 5,000,000-unit mark on a seasonally-adjusted, annualized basis for the first time since February. April's resales were revised lower, too. Analysts were surprised by the figures because it runs counter to the National Association of REALTOR...
Mortgage rates are falling, falling, falling. On a wave of uncertainty about Greece and its debt; and weaker-than-expected economic data at home, conforming 30-year fixed rate mortgage rates have fallen to levels not seen since December 2, 2010. Mortgage rates have dropped 8 weeks in a row. Not ...
A mortgage comes with many moving pieces and understanding them is the key getting a great deal. Unfortunately, studies show that few Americans have a firm grasp of how mortgages work -- from mortgage types to mortgage fees. In this back-to-basics interview on NBC's The Today Show, you'll learn ...
All of the snow on the ground and amazing skiing conditions make it hard to think beyond the powder forcast for this coming weekend. (If you haven't scheduled your trip to the mountains yet, now is a good time to do so....)  But, if you're the type of person  trying to think ahead this year, you...
  Real estate shows signs of life in the Village Has the bottom finally arrived? By Madeleine Osberger, If you own a ski-in, ski-out single-family home, a choice piece of undeveloped property or a renovated condo with up-to-date appliances, then chances are you may find a buyer for your property ...
I can speak first hand about the sales of Snowmass Village, CO real estate picking-up.  The next article in this blog was released today in the Snowmass Village Sun and is very accurate.  The fall of 2010 was slow (as usual) for Snowmass as the town prepared for the ski season.  Since then the vi...
A report released last Thursday by Land Title Gurantee Co. reported an increase in real estate sales in Pitkin County, up 45% in November 2010 as compared to 2009.  This is a huge indicator for the upper-end market in Pitkin County especially considering that it was fewer sales which contributed ...

Zach Merritt

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