Nov 19 – 26, 2017 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (9) + Under Contract / Pending (2) The Estin Report: Oct 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports on 11/14/17. The Snapshots are usually posted on or near the 1st … Read More
New Charts: 2006 – Q3 2017 Historic Pace of Aspen and Snowmass Village Dollar and Unit Sales by SF Homes, Condos and Vacant Land
Clients often ask, "Where are we now compared to the Great Recession...?". These charts offer a solid reference for that conversation. Read More
Aspen “Cowboy’s Cabin” with 41 Acres Sells for $4.45M/$2,814 Sq Ft
Nov 12 – 19, 2017 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (10) + Under Contract / Pending (10) The Estin Report: Oct 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports on 11/14/17. The Snapshots are usually posted on or near the 1st … Read More
Congress’s New Tax Bill May Affect 2nd Homeowners from E. Hampton to Lake Tahoe, Bloomberg News 11.10.17
"In Aspen, Colorado, as much as 70 percent of second homes are purchased with cash", so the interest deduction is irrelevant, said Tim Estin, a broker with Aspen Snowmass Sotheby’s International Realty. “Our market relies on the winds of the ultra-rich, who will be getting a reputed tax break anyway that should more than make up for the loss of the mortgage deduction,” said Estin, who writes the Estin Report on the Aspen market. “For the rich, a mortgage is more a source of cheap funds - bankers line up to loan them real estate money in the hopes of relationship building - and the deduction aspect is almost ancillary.”
Link to article by Rob Urban and Prashant Gopal, Bloomberg News, November 10, 2017 Read More
2017 Built Aspen West End Contemporary Sells at $12.4M/$2,279 Sq Ft
Nov 5 – 12, 2017 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (13) + Under Contract / Pending (6) The Estin Report: Oct 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports on 11/14/17. The Snapshots are usually posted on or near the 1st … Read More
Old Snowmass 2007 Built Mountain Ranch Home on 5 Acres Sells at $3.12M/$522 SF
Oct 29 – Nov 5, 2017 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (10) + Under Contract / Pending (8) The Estin Report: Oct 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports on 11/14. The Snapshots are usually posted on or near the… Read More