Snowmass Village, Colorado: Another price Reduction has hit the Pines neighborhood. This reduction marks the 3rd reduction in recent days within the prestigious neighborhood of the Pines. Erik Cavarra believes this downward pressure will allow Buyers to find deals within the area, and truly take advantage of buying opportunities within the market and certain sellers. Property Continue Reading
Two Creeks Home Lists for $4.875m
Snowmass Village, Colorado: Property Type: RES w/Improvments N/A Address: 1231 Two Creeks Drive Snowmass Village, CO 81615 Status: Active Asking Price: $4,895,000 List Number: 136989 Type: Single Family Area: 02-Snowmass Village Major Area: Snowmass Village Sub/Loc: Two Continue Reading
5 Real Estate Predictions for 2015: Local & National Market Watch
US National News: Expect the home-purchase market to strengthen along with the economy in 2015, according to Freddie Mac's U.S. Economic and Housing Market Outlook for November. Experts predict investors will exit the market, clearing the way for traditional buyers and millennials. "The good news for 2015 is that the U.S. economy appears well-poised to sustain about a 3 percent growth rate in Continue Reading
Luxurious Pines Home Lowers to $7.950m
Snowmass Village, Colorado: Property Type: RES w/Improvments N/A Address: 568 Mountain Crest Lane Snowmass Village, CO 81615 Status: Active Asking Price: $7,950,000 List Number: 132531 Type: Single Family Area: 02-Snowmass Village Major Area: Snowmass Village Sub/Loc: Pines @ Owl Continue Reading
Two Creeks Lot Sells for $4.0 million
Snowmass Village, Colorado: Today, Erik Cavarra shares a new Closing within the Two Creeks area. This ski/in - ski/out lot is a great example of the market rebounding. The Lot was sold by Robert Kraft. Property Type: RES Vacant Land Address: 151 Blue Spruce Lane Snowmass Village, CO 81615 Status: Closed Asking Price: $5,250,000 List Continue Reading
Developer proposes up to 400 midvalley residences
Basalt, Colorado: A midvalley development project that was stalled during the recession has been resurrected at a significantly larger size. Woody Ventures LLC is asking Eagle County to restart review of the Tree Farm project on the property of Ace Lane, across Highway 82 from Willits Town Center. In September 2009, Lane and Woody Ventures received the first of three rounds of approval Continue Reading
Base Village construction work likely to start in 2016
Related Colorado President Dwayne Romero told a group of real estate brokers Thursday that he expects construction on a roundabout and the second phase of the Viceroy Snowmass, both aspects of the Base Village project, to start in 2016, a year later than anticipated. Related and the town agreed to a timeline this fall that include start dates of June 1, 2015, for the roundabout and July 1, Continue Reading
New Krabloonik owners formalize purchase
Snowmass Village, Colorado: Danny and Gina Phillips, who have been Krabloonik’s directors of operations for the past year, signed papers Wednesday to purchase the dog-sledding and restaurant operation after about two months of negotiations with founder Dan MacEachen. Before completing the purchase, the Phillipses were waiting for the town, which is the business’ landlord, to reassign Continue Reading
Sky Hotel reps address concerns about project size
Aspen, Colorado: Sky Hotel Sky Hotel representatives submitted a scaled-back version of their redevelopment proposal Wednesday in response to concerns about mass and scale from the Aspen City Council and neighbors. Changes include dropping the fourth floor of the proposal’s east wing as well as all setback requests, hotel representative John Sarpa said Wednesday. This along with other Continue Reading
Bob Hope’s Palm Springs estate reduced by half from last year
Real Estate News: The Bob and Dolores Hope estate in Palm Springs, designed by renowned Modern architect John Lautner, is now priced at $24.999 million -- less than half of the $50 million asked last year. Overlooking the Coachella Valley, the dramatic concrete, steel and glass house was built for the Hopes in 1979 and sits on 6.2 acres. The home, the largest private residence designed by Continue Reading
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