Monthly Archives: March 2011

January 2011 Market Analysis by Land Title

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Jan2011MktAnylsEagle County real estate begins the year comparable to 2010. With $86,162,658 in dollar volume and 90 transactions, we’re just 1% off in dollar volume and 11 transactions off from January of 2010. Eagle produced the most transactions with 14, while Lionshead had 20% of the total dollar volume for the county, the most of any area. Properties selling for less than $500,000 accounted for 59% of all transactions. Properties over $2 million accounted for 63% of the dollar volume; this includes 5 transactions each over $4 million. There were 2 properties that sold for more than $10 million: one in Beaver Creek for $10.5 million, and one in Bachelor Gulch for $10.3 million. Vacant land is off to a good start in 2011 with 10 lots selling in January. For all of 2010 there were a total of 79 lots sold. Projects Update: • The Ritz had 4 sales averaging $4.3 million • Ascent Residences had 4 sales averaging $581,500

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Vail is Open Later this year. Closing date April 24

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For skiers and riders who want every last day they can get on the mountain, a late Easter is a blessing this season. But for those who have to keep their businesses rolling during a time that has typically meant businesses are closed, the late holiday and subsequently late ski season has remained a topic of discussion this year. Vail Mountain is keeping the chair lifts running through Easter, April 24. While it’s one of the later closings in the resort’s 49-year history, there have been at least two later closing dates — both in May — during the 1990s. The resort is already counting more than 400 inches of snowfall for the season, which is a good place to be since there’s still a month of the season left. Average snowfall for the past 10 years has been 350 inches. Vail Resorts identified the potential scheduling problem early last year and has come up with several strategies to make sure people know the mountain is open late. The Mexican market in particular, which typically takes Vail vacations during the week before and the week after Easter, has remained a concern. Vail Mountain Marketing Director Adam Sutner has been marketing…

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Lindsey Vonn clinches fourth consecutive downhill title

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TARVISIO, Italy — Here’s a measure of Lindsey Vonn’s strength in the downhill: She no longer bothers to celebrate the season-long championship. She won the downhill crown for the fourth consecutive year Saturday by finishing second to Sweden’s Anja Paerson. A day earlier, Vonn clinched her second straight super-combined title. She now has 11 World Cup championships for her career, with another possibly on the way in Sunday’s super-G. This latest title hardly prompted a ski-dancing display in the snow as was the case Saturday. Instead, Vonn appeared upset when she crossed the line a distant 0.73 seconds behind. Still, she wasn’t about to take this milestone for granted, especially in a season in which she left the world championships because of the lingering effects of a concussion. “You can never expect any titles,” she said. “Nothing is given to you and you have to fight for every point and every place, and this year I wasn’t able to win as many times as last year, so it definitely wasn’t easy. Maria gave me a run for my money and I had to keep fighting hard the whole season.” Elisabeth Goergl, who won gold in the super-G and downhill at…

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Vail Mountain View Residences

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In real estate, the adage “location, location, location” is king. With Vail Mountain View Residences on Gore Creek, it doesn’t get any better, with a premiere location and commanding views of Vail’s ski slopes. Like a majestic crown, Vail Mountain View is situated atop a gently sloping hillside along the acclaimed Gore Creek. That in itself is a rarity; there are very few new-construction creek side residential offerings in Vail Village. The site is one of the largest waterfront parcels of land in Vail Village and its effect is tranquil and mesmerizing. Below the residences is Vail’s walking path, leading straight into Vail Village’s shopping, dining and nightlife experiences – not to mention the ski lifts. Should one head east on the path, it is a short walk to Ford Park and the Gerald Ford Amphitheater and Betty Ford Alpine Gardens. Each owner in the building is offered privacy, amenities and immediate access to all that Vail Village has to offer. The building was designed by veteran Vail Valley architect Gordon Pierce and constructed by R.A. Nelson, with the first occupants moving in in time to enjoy their homes during the 2008 holiday season. Vail Mountain View Residences boasts private…

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