Rich Wagar Real Estate
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Rich's Aspen Newsletter .
April 2005 
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Rich's Corner
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Dear Friends and Clients,

Here is an article from the Aspen times that I thought that you might enjoy.

Full Answers on the Fractional Question

As part of The Aspen Times' election coverage, we have asked all 11 candidates to answer questions about various issues facing the city. We've grouped the mayoral candidates in with the City Council candidates because they all sit on the same board and make decisions on the same issues. We will conclude this portion of our election coverage tomorrow, in the Sunday edition of The Aspen Times.

Today's question: Can Aspen remain a viable resort if its lodge rooms continue to be converted to time shares and condominiums? What, if anything, should the city do to stop this trend?

Read complete
Aspen Times article



With kindest regards,
I am Sincerely Yours,
Rich Wagar


 
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 June/July 2005
June 10-12 Aspen Food and Wine Classic
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9 Beethoven's 9th on 9th: Aspen Music School Benefit
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29 3rd Annual Aspen Arts Festival

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December 2004

In The News:

Jerome buyers: No fractional units

By Scott Condon
Aspen Times

The family negotiating to buy the Hotel Jerome has vowed to buck the trend that is sweeping the Aspen real estate industry.

The Gaylord family isn't saying much about their plan, but they have made it clear through a spokeswoman that the Hotel Jerome will remain a traditional type of hotel.

"It will not be fractional ownership," said Allison Scott, director of communication and public relations at The Broadmoor Hotel in Colorado Springs.

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Aspen Times article


Real estate report shows '05 could be a monster

By Scott Condon
Aspen Times

Real estate sales in Pitkin County during the first quarter of this year wiped out last year's record pace.

Sales for the first three months of this year hit $430.45 million. That is an increase of about 50 percent from sales of $288.11 million for the same period last year, according to data collected by the Land Title Guarantee Co. The title company researches all deeds filed with the Pitkin County clerk's office.

" If these numbers are projected out to the end of the year we would have $1,721,812,400 in sales in Pitkin County this year, which would be a new record," wrote Jim Pomeroy, director of marketing for Land Title Guarantee Co. in a report he prepares for real estate agents and business officials.

Sales topped $1.6 billion last year.

Read complete
Aspen Times article

 

 


 
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