Aspen Updates from Sally Shiekman
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
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
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
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.
$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.
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.