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March Newsletter

Added: Mar 01, 2021
Category: Newsletters

March 1 | 2021



Our goal is to offer only the finest homes and services worldwide. The homes we represent are well designed, beautifully appointed, have charming or unique atmospheres, and are in alluring locations.



All The Great Things Happening in Aspen
Latest Real Estate News, Trending Information from around the world and all the great things happening in Aspen Colorado from the Five Star Destination Aspen Team.


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5 Reasons to Go Skiing This Month In Aspen
It is no secret that March is one of the best months to ski in Aspen. Not convinced? Click the link below for five reasons why you will not want to miss the slopes this month in Aspen.

Click Here For Full Article


Aspen Valley Real Estate Sales Reports
We all know how important it is to stay informed about conditions impacting our local neighborhoods. Below you will find links to real estate sales reports in our area.

Aspen, CO 81611
Snowmass, CO 81654
Snowmass Village, CO 81615


Forbes Names Aspen A Top 5 Mountain Town to Live 

Aspen's real estate market continues to boom with demand from city-dwellers seeking Aspen’s quality of life. The glamorous ski town of Aspen is no stranger to billionaires and celebrities and now, many are considering a primary residence in the town. 

Click Here to Read The Forbes Article



Short-Term Rentals In Aspen Accounted For Approximately One-Third Of The Sales Tax Revenue
Oct. 13th the City Council passed legislation requiring business licenses and vacation-rental permits for property owners who rent their homes or condos on a short-term basis of 30 days or fewer. This was the first December that the city included short-term rentals in its sales tax calculations. With $6.5 million generated in taxable revenue in December, short-term rentals in Aspen accounted for approximately one-third of the sales tax revenue the city collected from the lodging sector in December 

Click Here For Full Article




Mountain Ski Report 
 All Four Mountains & ski areas in Aspen & Snowmass remain open with no reservations required (except for Ikon Passholders). Come bring your family for a great time on the legendary slopes of Aspen and Snowmass. 
 
Click Here For The Mountain Ski Report's
 



DID YOU KNOW???????
DID YOU KNOW? Rocket Mortgage made so much money last year it's giving about $2.2 billion of it back to shareholders. The mortgage business had one of its best years ever in 2020!

 
DID YOU KNOW? The coronavirus outbreak helped push about $146 billion of commercial real estate into distress, serious risk of bankruptcy or default at the end of last year, concentrated in hotels and retail. (Bloomberg)

 
DID YOU KNOW? This year may have kicked off with the lowest mortgage interest rates in history, but the record lows aren't going to last. Rates are now starting to climb and are expected to continue heading higher throughout 2021. Just last week, mortgage rates rose to the highest point since August 2020. The average interest rate on a 30-year fixed-rate mortgage went up to 2.97%, almost half a percent lower than a year ago. The 15-year fixed-rate mortgage rose to 2.34%. It marked the biggest one-week move since last March when the pandemic was beginning to unfold. (CNN)
 



If you have any questions about buying and selling in the Aspen or Roaring Fork Markets contact Heidi Houston at HEIDI@COMPASS.COM



 COVID-19 Restrictions Lowered Two Levels in February
With our incidence rates continuing to fall, local officials have lowered restriction levels to Yellow, opening restaurants for indoor dining at 50% capacity. Its safe to come enjoy a meal and all the great shops in the area.

COVID-19 Visitor Resource Guide




Monthly Featured Properties


Aspen Valhalla Estate 
Incredible ski-in 7 Bedroom 9 Bathroom home walking distance to downtown Aspen. Perfect for entertaining comes with a media room, bowling alley, a target range, recreation room, bar, indoor pool and spa and outdoor tennis courts. This location and quality cannot be duplicated

Click Here to View Rates and More Info



WoodRun V #23 Ski-in & Ski-out Slope Side
This Condo is Modern, spacious, & has all-around mountain views, three Bathroom two full Bedrooms, plus office/Den with Queen Murphy, Sleeps 6. The elegant 2,270 sq. ft. has an open, light filled living room with beautiful gas fireplace large screen smart tv, bar, and baby grand piano. The Master suite has a walk-in closet, double sinks, a steam shower & Jacuzzi tub. 

Click Here to View Rates and More Info



Aspen Highlands Luxury Home 
Enjoy this 5 Bedroom 5 Bathroom home that overlooks the expansive Maroon Creek Valley and offers mountain seclusion, two-minute walk away from Aspen Highlands' slopes! This home comes equipped with expansive views, large chef's kitchen, a gas fire pit, outdoor heaters, private outdoor hot tub, barbecue, wet bar, media room, billiards area, and yoga room. Across the street you have access to the amenities that come with living at Highlands, skiing, spa, outdoor pool, hot tub and dining.

Click Here to View Rates and More Info




View All Our Properties
Five Star Destinations Aspen
Five Star Destinations Aspen
(970)404-1404
5stardestinations.com



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