Recession’s end? Wealthiest Americans buying more Vail, Aspen real estate

VAIL – One sign the economy may be recovering is the recent resurgence of Colorado’s high-end mountain real estate market.

Eagle County, home to Vail and Beaver Creek ski areas, saw the dollar volume of real estate sales more than double in the first five months of 2010 compared to the same period in 2009, according to Land Title Guarantee Company.

Realaspen.com: Paulson plops down $24.5 million for Aspen pad

Editor’s note: Realaspen.com late Monday posted an update to its original story, saying Paulson’s daughter, Amanda, contacted the website to deny her father purchased the home.

Henry “Hank” Paulson, the U.S. Treasury secretary who fiddled while Wall Street burned in…

Warnings escalate on strategic defaulting yet loan modification programs drag

Shahien Nasiripour at the Huffington Post parses a J.P. Morgan filing with the Securities and Exchange Commission and notes that the bank, the second largest in the United States, is concerned about the rising tide of strategic defaulters —…

Trouble in paradise: foreclosures rise to new Rocky Mountain highs

It took a little longer, but the bursting of the real estate bubble across the country over the last two years is now ravaging once bullet-proof mountain markets.

Garfield County, according to the Aspen Times, has had 208 foreclosure…

Eagle County Fights to Hold Down Housing Prices as National Market Plummets

While the rest of the nation watched home prices plunge precipitously in the first quarter of 2008, officials in Eagle County – where the median price for a single-family home was $650,410 in 2007 – are doing everything in their…

Mountain Real Estate Bubble Springs a Slow Leak: Vail, Aspen home sales dip in ’08

The Vail Board of Realtors characterizes 2008 as being off to a “leisurely start.”

Soothsayer of Sub-prime Scandal Says It’s Not Over

John Head doesn’t like to say, “I told you so.” But the Denver real estate attorney who was the soothsayer of the terrible affects of aggressive, exploitative and sometimes fraudulent sub-prime lending does have a prediction:

It’s not…

Colorado 45th in Housing Appreciation

The big story in a lot of reporting on real estate prices is the slowdown in the national real estate market, and the Denver Post duly reported this news. 

Nationally, existing-home values rose at a quarterly pace of

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