ASPEN — Erik Cavarra believes that the number of Area Foreclosures will continue to fall in the next coming months. Most distress Sellers have sold or Banks have assumed those properties back. We are however, still experienced new bank owned properties and new bank owned listings are still within the marketplace. The below article is correct, in that there are less this year than Continue Reading
Archives for January 2013
Snowmass Village Sales Tax Revenue Down in November
SNOWMASS VILLAGE — Sales tax revenue was down 5.6 percent in November over the same month the year before, according to a report from the Snowmass Village Finance Department. Erik Cavarra still sees an increase in Sales Activity over the past year...More sales are taking place and the inventory levels are maintaining. As an example, it is difficult to find an ideal match for properties Continue Reading
Residences at Snowmass Club: Sales Activity
Erik Cavarra sees momentum picking up in sales activity for the Snowmass Club and the Residences at Snowmass Club. The wonderful re-design of the Residence Club has allowed both the interest in Sales activity & Rental activity to pick up. We are excited to finalize the transition of the Aspen Skiing Company to the Toll Group. Having a true Club Operator will help our brand and the integrity Continue Reading
Viceroy Residences Sell in Snowmass Village, Colorado
New condominium units are now available at the world-acclaimed Viceroy. Ski-in/ski-out in Snowmass’ Base Village, there is nothing else like it in the Aspen/Snowmass market for wholly-owned condominiums. Enjoy exceptional views of Assay Hill in this studio suite, with an oversized master bathroom and opulent soaking tub. Leed Gold Certified property. One time Base Village Metro Fee paid by Buyer Continue Reading
Snowmass Village: Land Use and FAR
There is group of individuals working with the Planning Department staff to make a proposal to modify the Land Use Code as it pertains to the Allowable Building Area – more commonly referred to as FAR! This is a great idea for Snowmass Village. It will protect the integrity of the Town and it will stop Homeowners from illegally expanding square footage within properties that otherwise have Continue Reading
Toll Brothers Purchase
Snowmass Club: We are excited for the Toll Brothers acquisition. The Complexities of the Snowmass Club can become a shining light for the Toll Brothers if they can find a way to add capital to the Club and substantiate Membership Sales and an appropriate Brand by making the Club a boutique offering in the Aspen and Snowmass Village Areas. The Snowmass Club is one of the best family lifestyle Continue Reading
Erik Cavarra Sells Out Mountain Sage Development
Erik Cavarra has just place the Last Remaining Mountain Sage Condominium Under Contract. After Selling the entire project as a bulk sale for $2.3m only weeks ago, the New Owners began marketing the (8) remaining Units within Phase I of the development. Erik Cavarra sold several of the Units within weeks and placed another (4) under contract within two weeks of the new Owners taking Continue Reading
10 fractional ownership forecasts
Erik Cavarra believes fractional ownership will grow in the 2013 season. Bold predictions for the fractional ownership industry were revealed by panellists on the Ultimate Q & A session at Fractional Summit USA, a conference organized by Fractional Life founder Piers Brown and his team. Industry commentators and visionaries including Gregg Anderson, global vice president, The Registry Continue Reading
Basalt Commercial Market Picks Up
BASALT — Erik Cavarra, Managing Broker at Alpine Property Real Estate sees continued growth in commercial and residential areas within the Roaring Fork Valley. Statistical Market Analysis Status # Listings List Volume Sold Volume List Price Sold Price Sale/List Price Total SqFt List Price Per Total SqFt Sold Price Per Total SqFt Agent Days On Continue Reading
Two Additional Commerical Buildings Sell in Aspen’s Central Core
ASPEN — Erik Cavarra sees continual growth and capital investment into the Pitkin County Real Estate Markets for 2012-13. This is a great option for investors to place capital in proven market with return demand and strong interest within the area. Erik Cavarra sees not only Single Family Homes, and Condos peaking with more revenue and transactions, but also the commercial market. We call Continue Reading
