askiCertainly 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