Tim Estin News Today

Theatre Aspen kicks off its 41st season with the production of the play

Nearly $23 million in collections tops budget projection

Funds for housing and Wheeler/arts not as plentiful this year

The Aspen, Colo., market for mansions has contracted from the levels seen during the pandemic; year-to-date dollar volume is down by 40% compared to last years. But dont expect sale prices to drop, because inventory is still tight.

Wealthy, bold-faced names are setting up camp in the tony skiing enclave.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

The dollar volume of residential and overall property sales in Pitkin County continued to break new ground in 2021 with more than $4 billion in sold, but breaking ground to actually build a home will be a different story in 2022.

The last lots of an Aspen property that’s been in the Barbee family’s hands since the 1940s sold this week, which closes the book on both the legacy property’s transfer to the next generation of ownership and the direction that real estate sales in the upper valley have taken in 2020. Lots 1 and 2 in the Barbee Family PUD at 700 and 701 S. Garmisch sold for $12.3 million and their agent was Carrie Wells of Coldwell Banker. The sale closed Dec. 30. “They’ve been great st...

Think Aspen real estate was pricey last year? Just try buying a house in 2020. Regionally, overall year-to-date unit sales are up 47% and dollar sales are up 120%.