A Buyer's Market In Crested Butte? - 03/19/09 04:24 PM
By definition it may be easy to pin the buyer's market distinction on Crested Butte real estate. Days-on-market is high, inventories are flush with offerings, the number of transactions is low and now we are seeing asking prices drop. But, is all of this translating into real estate bargains?If you are shopping ski area condos or vacant land you are going to get a deal. No doubt, it is a buyer's market. With big inventory levels and flat demand great deals are happening. In some cases, we've returned to pre-Mueller era pricing for Mt. Crested Butte condos and on home site parcels … (0 comments)

Snodgrass Mountain Expansion Gaining Momentum - 03/12/09 09:43 AM
Good morning from Crested Butte,
Last Thursday, Crested Butte Mountain Resort (CBMR), Mt Crested Butte town council, the Crested Butte Town Council and hundreds of locals, business leaders and ski resort employees gathered at the Mountaineer Square ball room to listen to CBMR's presentation of their Master Development Plan for the ski resort. The hottest topic and the reason 99% of us were at the meeting was Snodgrass and the progress the ski company is making toward getting its resort expansion plans approved.
CBMR wants to expand skiing onto Snodgrass because the main mountain consists of only 31% intermediate terrain, while … (1 comments)

The Sky Is (Not) Falling In Crested Butte - 03/09/09 08:15 PM
Hello from Crested Butte Colorado!Yes, the economy stinks, national consumer confidence is gone and here in Crested Butte just like other ski resorts around Colorado skier visits are down and real estate sales have cooled off from recent record setting years. But, contrary to some folks' belief, the sky is not falling in Crested Butte.It is true that property values have decreased and seller's are forced to reduce asking prices in order to get their stuff sold. But, there are serious buyers shopping our real estate, getting loans, making offers and real estate is successfully trading hands. There is no denying that significant … (1 comments)