The federal government has dramatically expanded its exposure to risky mortgages, as federal officials over the past four years took steps that cleared the way for companies to issue loans that many borrowers might not be able to repay. Now, Fannie Mae, Freddie Mac and the Federal Housing Administration guarantee almost $7 trillion in mortgage-related debt, 33 percent more than before Continue Reading

Inman News: Erik Cavarra was featured in the recent Article from Inman News regarding the Real Estate Trends in the Resort Market Place and how it differs from other markets. Read Full Article Here: https://www.pncrealestatenewsfeed.com/navigating-your-way-in-vacation-hotspots/ Navigating your way in vacation hotspots So-called ‘resort marketplaces,’ can be tough to manage for agents Continue Reading

Property Type: RES Vacant Land Address: 461 Pine Crest Drive, Snowmass Village, CO 81615 Status: Closed Asking Price: $4,500,000 List Number: 120205 Type: Single Family Lot Sub-Type: N/A Area: 02-Snowmass Village Major Area: Snowmass Village Sub/Loc: Pines @ Owl Creek County: Pitkin Lot Size: 22,001 - 32000 Lot Continue Reading

150th Anniversary of the Transcontinental Railroad This year marks the 150th anniversary (1869–2019) of the first U.S. transcontinental railroad, which united the country for the first time with a quick, convenient means of transportation and communication—just four years after the U.S. Civil War. The new railway—which ran from Omaha, Nebraska, to Sacramento, California—cut travel time from Continue Reading

Property Type: RES w/Improvments Condominium Address: 106 Clubhouse Drive 181, Snowmass Village, CO 81615 Status: Closed Asking Price: $1,990,000 List Number: 152409 Type: Condo/Townhouse/Duplex/Half Duplex Sub-Type:   Condominium Area: 02-Snowmass Village Major Area: Snowmass Continue Reading

Property Type: RES w/Improvements N/A Address: 464 Fairway Drive, Snowmass Village, CO 81615 Status: Active Asking Price: $3,389,000 List Number: 159687 Type: Single Family Residence Sub-Type:   N/A Area: 02-Snowmass Village Major Area: Snowmass Village Sub/Loc: Country Club County: Pitkin Bedrooms: 4 Main Floor Continue Reading

Today, Erik Cavarra shares Housing Data for Single Family Home Sales in Snowmass Village from 2018 Statistics compared to YTD 2019. Statistical Market Analysis: 2018 Home Sales 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 Days on Continue Reading

Ownership Located on the Jim Engh golf course and nestled on a 210-acre masterpiece, the only true year round resort in Snowmass Village, the finely appointed vacation homes of the Residences at Snowmass Club feature breathtaking views of the Snowmass Ski Area and the Elk Mountain Range. The Residences at Snowmass Club offer its owners the epitome of alpine indulgence. All the services of Continue Reading

Property Type: RES w/Improvments Duplex/Half Duplex Address: 35 North Ridge Lane, Snowmass Village, CO 81615 Country: United States Status: Closed Asking Price: $2,625,000 List Number: 156552 Type: Condo/Townhouse/Duplex/Half Duplex Sub-Type:   Duplex/Half Duplex Area: 02-Snowmass Village Major Area: Snowmass Village Sub/Loc: Ridge Continue Reading

Today, Erik Cavarra features an article from the Aspen Times by Dan Krause: To read the full article, visit this link: https://www.aspentimes.com/news/snowmass-news/snowmass-club-going-back-to-its-private-roots-village-locals-can-still-play-golf-course/ The Snowmass Club is going back to its private roots, but there will be some tee times available for Snowmass Village residents, club Continue Reading