Real Estate appraiser Randy Gold came out with his annual report and pointed towards a possible down cycle in store for the Aspen market. Gold predicted that overall dollar volume and number of transactions will dip slightly in 2019, coming off of 2018’s decline from 2017.
“If 2019 finishes the way that I am forecasting … then our real estate market will be moving decidedly into the next down market,” said Gold, whose company has conducted over 24,000 appraisals over almost 41 years in business.
That said, home values will be holding steady. Read more in the Daily News. That said, over in Snowmass demand is catching up with all the new inventory. The Viceroy is nearly sold out. Read more here.