Aspen Real Estate Sales

Land Title Guarantee Company reports statistics on real estate sales across Colorado, it's our source for the area stats that we post on our website, Chamberlin Investment Group.  In August, they reported that

the Aspen area real estate sales were up 31% over last year, with 162 transactions recorded (compared to just 60 in August 2012).  However, the average sales price and median sales price for single-family-homes were both down.  How is this important to you?  First of all, I've been reporting all year that the real estate market has been strong and increasing from last year.  All across Colorado, home sales are rebounding.  This is  relevant if you have plans to either buy or sell.  Secondly, investing in real estate continues to be a good financial decision.  Adding a second home, rental property or contributing to a real estate investment trust could be a wise portfolio addition before the end of 2013.  If you'd like more information on mountain properties, or other real estate investment options, please contact me.