Monday, August 20, 2007

Vacation Homes Still Hot in Rockies, Southwest

My recent trip to Aspen, Snowmass and Santa Fe showed that these second-home and vacation-home hotbeds are still going strong, although maybe not strong enough to suit some real estate agents. In Aspen, Snowmass and Vail, huge cranes signify ongoing big construction projects-- new homes, new condos, new fractionals. In Crested Butte, a smaller Colorado ski town, sales have slowed while new buildings abound. In Santa Fe, the action has also slowed down but that means you might have a little wiggle-room in making an offering on a house you crave. My recommendations: talk to top brokers such as BJ Adams in Snowmass and Aspen, Red Lady in Crested Butte, Barker in Santa Fe about their listings.

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