Historically, values in Colorado resort real estate markets move in the same direction. There may be leaders and laggards, but barring any abnormal forces that might be affecting a single community, values in all of the resorts consistently follow the same course. That is why the attached article is breeding optimism within my brokerage. Telluride traditionally lags behind Aspen during recoveries by about 6 - 9 months. With a strong 4th Quarter behind us there is good cause to be optimistic for a more prosperous 2010.
Click here to read the Aspen Times article.
Click here to read the Aspen Times article.
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