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Rich Wagar Real Estate
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Rich's Aspen eNews . September 2006  
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Rich in the News!

A search for "Wagar" on the Aspen Times Web site yields some interesting results - 25 articles! The most recent articles include:

Not for rent
Dear Editor:
Because I agree with both F. Scott Fitzgerald, author, and Rich Wagar, Realtor, I can't support the basic premise of the city's current infill legislation.
Letters to the Editor | September 11, 2006
Pitkin County real estate transactions
A listing of real estate transactions recorded in Pitkin County for the second half of 2006 (updated through Sept. 1).

Real Estate | September 8, 2006
Aspen's Best People
A lot of writers received votes in this category.

Strangely, many of them were reporters and not columnists. So, for those who don't understand, a newspaper columnist writes on the opinion page, and usually has a photo mug that runs atop their...
Aspen Times Weekly | September 2, 2006
Aspen home buyers spend millions in cash
Aspen's real estate may sell for astronomical prices, but the big deals don't necessarily translate into mega-mortgages.

News | August 30, 2006
For Sale: Nation's Most Expensive Home
For $135 million you, too, can live like a prince.
News | July 12, 2006

For a PDF copy of complete Wagar Aspen Times mentions click here »

With kindest regards, I remain,
Sincerely yours,
Rich Wagar



In The News:

Demolition is under way at the Deep Powder and Limelite Lodge at Cooper Avenue and Aspen Street, making way for redevelopment of the area. A new lodge is planned by the Limelite owners.


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Featured Properties

Wildwood:
Idyllic River Setting
$6,275,000
Little Nell #9
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Upcoming Events Calendar
September/October 2006
Sept 27-Oct 1 Aspen Film Festival
Oct 5 NEPSA video and art awards - Wheeler Opera House - Art, Music and Video by Ski and Snowboarding Pros
Oct 5-8 "The Meeting" Action sports films sponsored by Nissan - ski/snowboard film premiers
Oct 11-16 John Denver Memorial Week
Oct 19 Aspen Youth Center Education Series - Jeff Yalden, motivator and educator


View complete calendar of events
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2006 2nd Quarter
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More News

Off the charts: Aspen real estate sizzles

By Joel Stonington
September 4, 2006
The Aspen Times


It's no secret that Aspen's real estate market is absurdly expensive, nor that it has experienced amazing growth in the last 30 years. Here's another log to the fire: 2006 has already seen unprecedented appreciation.

There has been up to 60 percent appreciation on numerous condos or houses in the Aspen area in under a year, and three $20 million properties sold or were put under contract last month.

"On certain properties there has been enormous escalation in value," said Ernie Fyrwald, owner of Morris and Fyrwald Real Estate. "There are some properties that shock us all. They get listed at an exorbitant price and then sell. Sometimes it's very astounding. It's not the case across the board, but there are quite a few. It has a lot to do with lack of inventory."

Condominiums are some of the easiest properties to track, and it's where people have seen some of the biggest value increases.

A Villas of Aspen unit, for example, recently saw a 19 percent increase in four months. It sold for $1.385 million in March, was relisted in July at $1.65 million and is now under contract.

Read Complete Article

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Featured
Broker

Shael Johnson

Shael brings the knowledge and experience of a successful career in the securities industry to the team at Rich Wagar Associates. Her additional knowledge and experience in the local real estate market and wonderful residency in the beautiful town of Aspen since 1977 uniquely qualifies her to enable you to realize your dream of owning Aspen real estate.

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 email: rich@9203131.com
 voice: 970-920-3131
 web: http://www.wagarrealestate.com

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