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The ability to work remotely during the COVID-19 pandemic has kept the national economy going and has also had a profound impact on the demand for real estate. But could the “work-from-home” economy be in the early stages of winding down, and if so, how could that impact the real estate mark…

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In what is expected to be an extensive work session this evening, the Aspen City Council will use lessons learned from COVID-19 response in the last year to guide ongoing policies for community vitality.

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The COVID-19 pandemic had a profound impact on the real estate market in 2020. As a result of lockdowns and social distancing, cities saw demand for both commercial and residential real estate dry up while suburbs, small communities and resort areas around the country, like Aspen and Snowmas…

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For those who watch real estate markets, the one indicator they watch the closest is the direction of interest rates in the market for U.S. Treasury bonds, particularly the 10-year bond market. In most cases, interest rates for residential and commercial mortgages are priced relative to the …

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As we all know, 2020 was an extraordinary year for the real estate market in the Aspen-Snowmass area. With total sales volume and number of closed transactions approaching $3.5 billion and 668 respectively, according to the Aspen-Snowmass multiple listing service, new all-time records were set.

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Throughout the summer and fall, Aspen locals have seen plenty of evidence of people visiting or moving here from different parts of the country. There seems to be a noticeable increase in vehicles with out-of-state plates on the streets in downtown Aspen and in parking lots at trailheads aro…

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One thing is certain: It’s difficult to predict the future when the rules change. We saw that this spring and summer when the coronavirus pandemic caused shutdowns and travel restrictions throughout the country. At the time, most people in the Aspen-Snowmass area predicted a slow summer for …

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The summer of 2020 has been a crazy time for the Aspen-Snowmass real estate market. For the 36 months leading up to this spring, the average monthly residential property sales volume for the market was around $115 million. As the COVID-19 pandemic unfolded, the Aspen-Snowmass market hit the …

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Twenty years ago, leading real estate think tanks such as the Urban Land Institute and others predicted a great migration would take place in this country where large urban centers would lose population to smaller cities and towns around the country as people sought a better and more afforda…

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As people adjust to life during the COVID-19 pandemic, some new trends in home design are likely to emerge. The pandemic has forced people to rethink their values and lifestyles. What we thought was important before the pandemic may become less so now, and what we didn’t value a great deal b…

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The weirdest thing about the pandemic is the erasure of the last distinctions between parody and reality, as if the “Saturday Night Live” news crew is writing all of the news instead of lampooning it. Let’s preview the next National Lampoon movie, with the Griswold fam unable to decide wheth…

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Social distancing measures were seen last week on the west end of the Hot Springs Pool in Glenwood Springs.

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Uncertainty mixed with optimism makes for an interesting environment when it comes to making investments, particularly large investments like real estate. But today, these two forces are prominent influences in our Aspen-Snowmass real estate market.

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Whenever the economy undergoes a shock like we’re seeing now from the coronavirus pandemic, new trends often appear in the real estate market. It appears we may be in the middle of one of those unexpected paradigm shifts, when our world jumps from one track going in a predictable direction t…

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This past weekend, the Aspen-Snowmass economy began the process of reopening after the nine-week shutdown mandated by the Colorado Gov. Jared Polis and Pitkin County officials due to the COVID-19 pandemic.

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On March 14, Gov. Jared Polis ordered the closure of all ski areas in Colorado due to coronavirus spread. That was followed on March 25 by a sweeping mandate from the governor for all 5.8 million residents in the state to stay at home and for all nonessential businesses to close statewide.

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The first-quarter Aspen-Snowmass real estate market results are in for 2020. If you didn’t know that the winter ski season ended abruptly on March 14 when Gov. Jared Polis closed all Colorado ski resorts — and that the world is currently engulfed in the COVID-19 pandemic — then you wouldn’t …

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The impact of the coronavirus outbreak is being felt across the country, around the globe and in the Aspen-Snowmass community. Our local economy and real estate market has entered into uncharted territory. Never in modern history have we witnessed a lockdown of the global economy to the degr…

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Finding something positive in the current world of disease and financial turmoil is difficult. The stock market is down roughly 27 percent from its high on Feb. 19.

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The top news story this past week has been the global spread of the coronavirus. From its origin in Wuhan, China, with an outbreak that started in December, the coronavirus has in just two months spread to 47 countries and every continent in the world except Antarctica. From its historic pea…

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The health of real estate markets in ski resorts depends to a great degree on the health and popularity of the sport of skiing. As the popularity of skiing grew after World War II, so did the popularity of ski resorts, and subsequently the real estate markets surrounding ski resorts. However…

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A Lamborghini Huracán EVO is put through its paces on a snow-covered racetrack near Woody Creek on Saturday morning at the Lamborghini Esperienza Academia Neve, a winter driving course for Lamborghini owners taught by official Lamborghini instructors. 

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This Week: A closer inspection of the ever-changing public health orders in Pitkin County and the end of the traveler affidavit program. And, just days out from Aspen’s municipal elections we will look at the standouts in the crowded field. Host Alycin Bektesh is joined by Megan Tackett Ma…

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