Six years after selling the majority of its commercial properties in Base Village to Related WestPac for $169 million, Aspen Skiing Co. is looking to get back in the game….

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Snowmass Village, Colorado: It's great to know that Base Village will Ultimately be completed.  What's worse, having a Village that sits half completed after 8 years, or having a new hotel added to an already competitive market? Is there a enough demand for a (3rd) new hotel in Snowmass?  That is the ultimate question. How will the addition of a New Hotel compete with existing condo and Continue Reading

Erik Cavarra places 5th Residence Under Contract at the Residences at Snowmass Club

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Snowmass Village, Colorado: Erik Cavarra has placed the 5th Residence Under Contract within the Residences at Snowmass Club. Beginning the Season with (12) Three Bedroom Residences on the Market For Sale, Erik Cavarra has sold (1) Residence and has (5) Pending Sale.  There are only (5) Three Bedrooms Listed for sale. Nestled within 210 acres of Rocky Mountain perfection, the 40 finely Continue Reading

Mountain Sage Phase II Breaks Ground: Carbondale, Colorado

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Erik Cavarra, Carbondale; Colorado: What are the Mountain Sage Townhomes?: Mountain Sage Townhomes consist of a Planned Unit Development within the Core of Carbondale, Colorado. After gaining approvals from the town of Carbondale in 2007, the original developers of the Mountain Sage Townhomes built the first 14 of the 26 approved units and then lost the development in Foreclosure. Erik Continue Reading

The aging condo market: Aspen, Colorado

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Erik Cavarra- Aspen, Colorado Aspen City Council has recently discussed the need to upgrade the inventory of condos for rent to make Aspen more competitive with other major ski resorts. The last great Aspen condo building boom took place back in the in the 1960s and 1970s. The aging condo inventory may also be having a detrimental effect on the overall vitality of the Aspen real estate market. Continue Reading

Foreclosures fall 50 percent in Roaring Fork Valley

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Foreclosure filings plummeted in the Roaring Fork Valley during the first half of the year compared to the same period in 2012. Foreclosure filings fell 40 percent in Pitkin County to 34 through June this year compared to 57 through June last year, according to a report compiled by Garret Brandt In the Roaring Fork Valley portion of Eagle County, foreclosure filings dropped 41 percent to 17 Continue Reading

Viceroy Snowmass: Phase II Scheduled for Completion

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Snowmass Village, Colorado: Erik Cavarra highlights the timeline for Base Village and Viceroy Phase II. Construction on water, sewer lines could resume this fall, lodging project looks to build next summer The first major building project in Base Village since the recession will go before the Snowmass Village planning commission today, as the bureaucratic gears start up once again on the Continue Reading

Aspen Snowmass Fractional Real Estate Market Preview

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Today, Erik Cavarra showcases Fractional Real Estate Trends in  Aspen & Snowmass Village, Colorado: Below please find information regarding the Fractional Market comparing January 1, 2012 to June 5, 2013 versus January 1, 2013 to June 5, 2013. Pay close attention to the Sold Volume: There were 29 Fractional Sales in 2012 with a Sold Volume of $15,325,500 compared to 42 $9,685,833 this Continue Reading

Erik Cavarra

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