glenwood springs: May Market Update for Aspen to Glenwood Springs to Rifle, Colorado
- 06/10/11 07:22 AM
With each passing month our local market between Aspen, Glenwood Springs and Rifle is inching its way back to an equilibrium between supply and demand, but we are still not there yet. All indications suggest that 2011 will turn out to be the best year for buyers. Here is the monthly commentary from our friend Joe Carpenter at American National Bank in Rifle: What do flood waters and housing inventories have in common? Answer: They both rise and fall. As we're experiencing record run off from the snowpack of the past season and see the rivers reaching or exceeding flood levels in … (0 comments)
glenwood springs: Roaring Fork Lodge Condo / Hotel project in Glenwood Springs, CO
- 01/23/09 09:16 AM
Despite so many big projects in our area being put on hold, the developers of the Roaring Fork Lodge hotel are moving full steam ahead. As well 106 hotel rooms, there are 40 condominiums for sale. It appears that once the developer has sufficient reservations / contracts in place, construction will begin. Reports suggest that around 25% of the units have reservations on them at this point. Recent news has Denver based Magnolia Hotels signing a partnership and operating the lodge upon completion. Magnolia operates upscale boutique hotels in several large U.S. cities. It seems that the development is likely to … (0 comments)
With each passing month our local market between Aspen, Glenwood Springs and Rifle is inching its way back to an equilibrium between supply and demand, but we are still not there yet. All indications suggest that 2011 will turn out to be the best year for buyers.;)
;)
