Aspen Updates from Sally Shiekman

I am regularly espousing the deep value of the Aspen, Snowmass, and the Roaring Fork Valley, and it is clear that I am not alone. 

It's time to dig out those skis and if you are ready to move closer to the lifts, give me a call. 

Has Your Buying Power Just Increased?

December 8, 2022
For Buyers who need financing to purchase a property in Aspen or the Roaring Fork Valley, I have great news for you: Your buying power may have just increased!

The FHFA announced that it’s raising the Conforming Loan limits for Fannie Mae and Freddie Mac to $726,200. What does this mean for you? Higher loan limits give homebuyers purchasing within this price range the opportunity to qualify for a Conforming Loan instead of a Jumbo. A Conforming Loan typically comes with a lower rate and a smaller down payment, which increases your buying power.

If you are looking at homes in a higher price range, the new 2023 high balance conforming loan limits just came out. See below for the limits in the three counties of the Roaring Fork Valley:

Pitkin County: $948,750
Eagle County: $1,075,250
Garfield County: $948,750

Please let me know if you have questions or how I can help you with a real estate purchase or sale today! 970-948-7530, sally.shiekman@aspensnowmasssir.com, www.sallyshiekman.com.

Snowmass once again honored a top ski area in North America

October 17, 2022
Snowmass has once again been honored as one of the top ski areas in North America by publications from Conde Naste Traveler to Ski Magazine. 
 
Snowmass is the most expansive of Aspen Snowman’s four mountains, with the most lift-served vertical feet of terrain in the United States" according to the article. 
 

Aspen Area Sales Numbers Are Out and it's a Mixed Bag

July 21, 2022
Aspen area sales numbers are out, and while most numbers are up, we are starting to see a little slowing in the retail and rental sectors. Real estate continues to grow nicely, but with continued increases in interest rates, it is possible this segment could show some signs of slowing down in the future. 

Call me today to see what your real estate is worth and what is available that might be perfect for you.

https://www.aspentimes.com/news/reports-show-a-mixed-bag-for-aspen-area-economy/?utm_source=second-street&utm_medium=email&utm_campaign=sunrise-rundown

When it comes to zoning, what is in a name?

April 20, 2022
From Rural Residential to Residential Multi-Family; the zoning change necessary for a mid-valley housing development called, The Fields to become a reality. As with most growth in the region, it has garnered emotional opinions on both sides. If approved, it would allow for up to 135 new residences, with 27 being price capped. 

More information can be found here: 
https://www.aspentimes.com/news/fields-development-hinges-on-eagle-county-upzoning/?utm_source=second-street&utm_medium=email&utm_campaign=sunrise-rundown

Judge lifts moratorium!

March 14, 2022
Judge lifts moratorium put in place by the City of Aspen Council on December 8, 2021 to prohibit new residential development applications, but not the issuance of short term rental permits. Congratulations to the efforts of the Aspen Board of Realtors! Read more below:
 
https://www.aspentimes.com/news/judge-lifts-moratorium-cites-open-meetings-law-violation/?utm_source=second-street&utm_medium=email&utm_campaign=sunrise-rundown
 

$76 million for less than an acre!

March 7, 2022
https://www.aspentimes.com/news/gorsuch-developers-sell-slice-of-aspen-mountain-for-76-25-million/

$76.25MM might seem like a lot of money for less than an acre of land at the base of Aspen Ski Area, but for a Miami-based development firm founded by a Russian-born billionaire, the prospect of building 81 rooms at the base of Lift 1 made it seem like an appropriate price.
 
A seven-time return on this real estate investment since July of last year was enjoyed by the consortium that purchased this property from Aspen ski mountain for $10MM just a few months ago. 

If buy low, sell high is your thing, give me a call. 

Buttermilk gets gravy

February 28, 2022
Great news for families and skiers who love our “beginner’s” mountain, those who frequent the mountain for its exceptional terrain park and those who love to participate in the infamous XGames.

https://www.aspentimes.com/news/aspen-skiing-co-has-big-plans-for-23-million-makeover-at-buttermilk/?utm_source=second-street&utm_medium=email&utm_campaign=sunrise-rundown

The dichotomy of Buttermilk as the home of the X Games as well as the best beginner skiing in Colorado might be confusing at first, but trust us, the “biscuit” can handle the diversity. The mountain is made up of 3 distinct areas: Tiehack, well-loved by uphillers throughout the day, main Buttermilk, and West Buttermilk, a mellow beginners paradise. Aspen Skiing Company hosts full moon dinners on Buttermilk select evenings throughout the winter. 

Aspen Airport Grounded, for two weeks in May

January 31, 2022
Aspen airport closing for two weeks in May

The Aspen/Pitkin County Airport will close its runway and all taxiway connectors for two weeks in May to do annual airfield maintenance and repairs, the county announced.

The closure will be from May 2 to May 16, and aircraft operations will be limited to emergency medevac and mountain rescue operations. The runway is set to reopen at 7 a.m. May 16.

Testimonials

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Sally worked with us to understand our needs, out architectural preferences, and our financial capabilities. She patiently showed us properties from Aspen to Glenwood Springs, and we fell in love with our house in Carbondale.
Randi Lowenthal
Searching for real estate in the Roaring Fork Valley can be a daunting prospect for any buyer, but you and your associates made the process fun rather than overwhelming.
Cassia R. Furman
Sally was very professional, persistent without pressuring, and handled all details necessary to complete the sale. When it came time to sell that property and purchase another, although both my husband and I had become good friends with many other local realtors, we both felt strongly that Sally should be our listing and buying agent.
Anne & Mark Grice
I highly recommend Sally Shiekman as a realtor. She was always available to answer any questions I had and was on top of every deadline in the contract. I am a busy mortgage lender and so I appreciate Sally’s attention to detail, integrity and genuine concern.
Karen E. Crepps
I received your gift card, and want to express my appreciation. Quite a nice surprise! Also to acknowledge all your help with our transactions and rentals over the past few years. It turns out that, directly and including the new Tahoe home, you were involved with five different properties we have had owned the years. (And you have seen Owl Meadows as well, making six.) Which is quite a few for small time investors. You got us out of the properties we needed to get out of, and into one that was just fine for as long as we needed it. Then out again, as we moved on. We hope to see you on our next Aspen visit. And we will toast you at Valenti’s!
Tom & Jan Restaino
Sally always carefully explained each part of the selling/buying process, answered every question patiently, and was completely honest about the possible outcome(s) of the entire event. Buying/selling a home is an emotional and exciting time; Sally has the ability to keep things calm while retaining that important sense of excitement.
Wally & Kris Graham
The most important thing that Sally did for us was to make us comfortable with the experience. She answered all of our novice questions and understood that we were truly starting from the beginning. She showed us a wide range of property so that we had a full view of the valley real estate market.
Jenny & Simon Elliot
Your knowledge of the market and advice were very helpful as I came to a decision. I also appreciated your attention to detail and immediate response to each of my questions and needs.
Jenny S. Morton
Through Sally’s efforts our transactions went through without any problems and we received the highest sales price for a unit of our size in the complex. Sally is a true professional in all respects and provided us with top quality service. She made the process easy and painless. Should we ever require a real estate broker in the future, you can be sure we will call Sally.
Kim Nuzzo and Eileen Kinkelaar
Sally was there with guidance throughout the process of purchasing our home in Snowmass Village. She is knowledgeable about the markets from Aspen to down-valley. We definitely recommend Sally for anyone who is looking for a real estate professional.
Dan & Judi Smith
Sally is a true professional. Her open manner, honesty and knowledge of the real estate market are outstanding. I would highly recommend her to any potential buyer or seller in the valley.
Nancy Albert
I love our real estate agent. The first week we moved in she provided awesome dinners and moral support everyday. She only had our best interest in hand through the entire transaction. Now a month later she swept us off our feet for a phenomenal Saturday night dinner with all family members included. Thanks Sally Shiekman for going above and beyond as you always do. You are not just a great realtor but a caring, smart, and on the ball agent. By the way she was also just voted the best female real estate agent in the Aspen Valley area. Thanks Sally!
Whitson Alexander Smith
We are incredibly grateful to Sally for helping us navigate the competitive Roaring Fork Valley market as first-time homebuyers. Her depth of experience, exceptional communication, and attention to what we were looking for in a house turned a complex process into a smooth one. We couldn't be happier with our new home!
Jamie Werner
Sally went above and beyond to at first find us a home to suit our needs and finally to sell our home in a timely manner… Sally guided us through all of the details of our sale and was a terrific advocate for us in the process. We wouldn’t consider using anyone else in the future.
Ericka & Joseph Meade
Sally recently helped my wife and I to purchase a building site in the Missouri Heights area. Sally made the purchase a great experience; she showed us much of what the valley had to offer over a several days time frame. Sally presented us with information on what was currently on the market. We have since purchase a property and are already projecting an increase in value. Sally has kept in touch since the purchase providing valuable information.
Donald Russell
Sally Shiekman has acted as my real estate broker in 4 different transactions. Her professional manner, close attention to the market and new additions to it, attention to detail, and willingness to do what it takes to find the perfect buyer and/or property make her an exceptional broker.
Margo Chisholm
I want to thank you for all the work you did to sell my Aspen condo. Now that I have worked with you as a buyer and a seller, I am definitely impressed with your professionalism. I know that you are busy, but you are very organized and thorough so that your clients get excellent service. I think the hardest part of any real estate deal is negotiating a contract and getting that contract to closing. I appreciate you helping me get a full price contract with only minor contingencies, and then following each deadline so that nothing fell through the cracks.
Betty Hoye
We feel that Sally is always looking out for our best interests. She has a great knowledge of the market, is diligent, honest and has integrity. We would not consider making another move with out Sally’s help. She is the best!
Gigi & Tim Durand
I wanted to express my sincere appreciation for the fantastic job you did in helping me find a home. I had been through the process several times before, and my experiences have been mixed. However, after working with Sally, I believe I have truly seen someone who wants to consistently provide the absolute best service for their client. Sally’s professionalism, concern for my specific needs, and consistency in following-up on every detail went beyond my expectations.
Scott Crawford
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