legalskier
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...one reason why I won't be going, but hey it's nice to see the landed gentry doing so well. :roll:
The Most Expensive Town in America
Defying the national housing slump, Aspen's prices are rising. Why the glitzy ski enclave is outpacing the Hamptons, Beverly Hills and Palm Beach.
The lowest-priced single-family home on the market in Aspen is listed for $559,000. It's located in a trailer park. *** The average home price in this mountain town has increased over the past four years, to $6 million in 2010.... *** Sales of luxury Aspen estates -- the sorts of over-the-top places with leather walls and outdoor heated infinity pools -- have remained remarkably healthy, thanks in part to foreign buyers. Of the 25 real-estate transactions recorded by Pitkin County for the week of Jan. 19 to 25, five were buyers from abroad, including three Australians and people from Turkey and Hong Kong. *** Chuck Frias, an Aspen developer and broker who has a newly built $24 million home on the market, says the weak dollar has drawn interest in the home from house-hunters in Canada, Australia and Italy; he sold a $7 million house to a Chilean family in December. In the past few days Aspen agents have reported showing homes to potential buyers from as wide a range as Russia, Brazil, the Dominican Republic, Italy and Australia.
Full article: http://finance.yahoo.com/real-estat...-expensive-town-in-america?mod=realestate-buy (Scroll down to see pics of the "homes.")
The Most Expensive Town in America
Defying the national housing slump, Aspen's prices are rising. Why the glitzy ski enclave is outpacing the Hamptons, Beverly Hills and Palm Beach.
The lowest-priced single-family home on the market in Aspen is listed for $559,000. It's located in a trailer park. *** The average home price in this mountain town has increased over the past four years, to $6 million in 2010.... *** Sales of luxury Aspen estates -- the sorts of over-the-top places with leather walls and outdoor heated infinity pools -- have remained remarkably healthy, thanks in part to foreign buyers. Of the 25 real-estate transactions recorded by Pitkin County for the week of Jan. 19 to 25, five were buyers from abroad, including three Australians and people from Turkey and Hong Kong. *** Chuck Frias, an Aspen developer and broker who has a newly built $24 million home on the market, says the weak dollar has drawn interest in the home from house-hunters in Canada, Australia and Italy; he sold a $7 million house to a Chilean family in December. In the past few days Aspen agents have reported showing homes to potential buyers from as wide a range as Russia, Brazil, the Dominican Republic, Italy and Australia.
Full article: http://finance.yahoo.com/real-estat...-expensive-town-in-america?mod=realestate-buy (Scroll down to see pics of the "homes.")
