Certainly our winter “sister” areas will need to see some correction as well.
But it’s early in the ski season…things picked up here, in the hamptons as summer wore on, let’s see what happens when the powder builds up.
An Avalanche of Price Cuts
As luxury ski areas go into deep freeze, sellers capitulate to market realities
“Fall has long been considered a good time to hunt for good ski deals, from season passes to condominium rentals. But this year, the biggest discounting isn’t just on lift tickets and goggles; it’s on custom-built homes with views and slopeside condos with Jacuzzi tubs. “This is really unheard of,” says Ms. Steadman. “Sellers are finally getting desperate.”"
see story here
3 comments
November 6, 2009 at 3:48 pm
Matt - Denver Real Estate
It certainly can’t hurt to be getting into the season there.
November 8, 2009 at 9:32 pm
Ted - Breckenridge Real Estate
I think that ski real estate in general is down. This is certainly true in Summit County Colorado and even more so in Vail.
November 15, 2009 at 2:56 am
carmen T
Help! We’ve marked down our Wainscott home 30% and we still can not sell it. What should we do?