“You playing is the best argument I’ve ever heard for the existence of God, because I don’t really believe a human alone can do this,” the late Steve Jobs said about Grammy-winning cellist, Yo-Yo Ma, after he played for the computer industry icon in his Silicon Valley home. Jobs and Ma met in Aspen in 1981 at the Aspen Design Conference and maintained a close relationship. Now the author of the Continue Reading
Archives for April 2013
March occupancy in Snowmass up from last year
SNOWMASS VILLAGE — Hotels in SnowmassVillage saw slightly more business in March over last year, thanks largely to a flurry of last-minute bookings made after some significant snowstorms. Erik Cavarra believes occupancy was strong for early weeks in March and the Last week in March. The Mid Part of March saw very low occupancy rates within our Single Family homes and Condos unlike years Continue Reading
Real Estate Trends: Aspen Colorado
Aspen/Snowmass Village: April 2013- Erik Cavarra believes the Aspen & Snowmass market will continue with an upward tick in the market through the off season and into the 2013 Summer. Sophisticated Buyers will continue to aggressively seek the better Listings and Properties within the marketplace and certain Buyers will continue to find low interest rates appealing enough to gamble in the Continue Reading
9 Foreclosures in Four Days at the Ritz Carlton
Aspen Highlands: Erik Cavarra believes that the Aspen Real Estate market has improved, but it still cannot escape the reality of Foreclosures and Distressed Sellers. Valley wide we have seen an increase in the number of Sales taking place in all real estate types whether single family, fractional, or condo, but even though the numbers are improving, it does not change the reality of distressed Continue Reading
Aspen Snowmass Fractional Resort Comparision: April 2013
Fractional Resort Total # of Project Interests Total Number of Units Remaining Developer Inventory Total # of Interests on the Market Avg Listing Price # of Closings Since January 1, 2012 Average Days on Market Residences at SMC 290 40 0 25 $187,844 20 232 Timbers Club 224 64 Exclusive Continue Reading
Occupancy Numbers: Aspen & Snowmass Village
Occupancy rates at Aspen and Snowmass lodges in March were up 7 percent and 4.2 percent, respectively, compared to last year, according to the latest data. Numbers for April are also positive so far, according to MTRIP, a travel research program that keeps track of stats for mountain destinations. Erik Cavarra believes that Home rentals tracked very similar and Gross revenue was slightly Continue Reading
Erik Cavarra has just closed a Two Bedroom Residences at Snowmass Club
Erik Cavarra has just closed a newly renovated Two Bedroom Residence. The Residences at Snowmass Club Offers its members the epitome of alpine indulgence. All the services of an upscale hotel are combined with the amenities and privileges of an exclusive country club, and rolled into one incredible opportunity in Snowmass for a fraction of the cost. 14 Two Bedroom Floor Plans, 16 Three Bedroom Continue Reading
Report ranks Aspen second in luxury home sales for 2012
Aspen saw the second most home sales above $5 million and above $10 million last year, according to a new report from Coldwell Banker. Erik Cavarra believes that the strength in the Aspen market is a result of the boutique luxury lifestyle present within the prestige of the Aspen Market Place. Unlike many other locations Aspen's allure is irreplacable. There were 48 sales of Aspen homes Continue Reading
City of Aspen to let developer lease 19 parking spaces
The city of Aspen and Centaur Construction have reached a mitigation agreement for the redevelopment of the Gap building. The developer has proposed an accelerated construction process, which will shorten the disruption and impacts on the neighbors and community at 204 S. Galena St. In exchange, the city will allow the developer to purchase 19 city parking spaces on S. Galena Street (eight Continue Reading
