Holiday lift numbers were only down between 8% - 9%, most likely a pleasant surprise for Aspen Skiing Company - which like all Aspen businesses was holding its breath to see that would really happen. The town was “on sale” as all retail outlets promoted good deals. I checked with many of my broker friends from other offices to determine if holiday shopping included any real estate activity and confirmed few showings and fewer contracts. This period is traditionally not the busiest for real estate as Christmas, Hanukkah, short day light hours and visiting family members leave little time to squeeze in real estate showings. Early January continues to see new snow almost every day so skiers should be making last minute decisions to come to Aspen. The smart real estate investors in the group will take this timely opportunity to make offers on quality properties. Remember the old saying “Buy Low, Sell High”. Now may be the time to accomplish the first part of a good investment.
- Dale Potvin, Managing Broker
Wednesday, January 7, 2009
If it snows, they will come, but will they buy?
Labels:
Buyers,
Economic Influences,
Market Trends,
Value
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment