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Cordillera offers first fractional-ownership project: Paramonte
Jul 12, 2008 —
One of the Vail Valley’s most unique and intimate hideaway, the Lodge & Spa at Cordillera, is taking on a renewed focus as an independent, high-end retreat by launching Paramonte Private Residences, a luxury fractional ownership private residence club.
Construction on the first fractional ownership opportunity at Cordillera -- Colorado’s premier...
May sees second lowest monthly total of Vail Valley real estate sales since 1996
Jul 5, 2008 —
Vail and Eagle County real estate sales were off by nearly 50 percent in May, according to a title company that tracks local market trends, making May the second-worst month for real estate sales in the Vail Valley since 1996.
Overall, 2008 real estate sales are behind the record-setting pace of $2.96 billion set in 2007 by about 30 percent, and one real...
Open house to be held at Vail's first "Built Green" home
From gravel pit to open space: Eagle River Preserve project completes phase I
Jun 26, 2008 —
When the Vail Valley Foundation and its partners closed on the 72-acre Eagle River Preserve parcel on Sept. 13, 2005, everyone involved acknowledged that returning the former gravel pit to its natural state would definitely be a work in progress.
Now, almost three years later, the first phase of the reclamation is nearing completion, with public tours...
Cordillera developer sells $45 million of real estate in Steamboat
Jun 11, 2008 —
Cordillera developer Gerry Engle's Atira Group sold $45 million in real estate in one day in Steamboat Springs last week, with an average sales price of more than $2 million per property at its new Edgemont development.
Even as projects in Colorado’s high country and major metropolitan areas are being cancelled due to lack of sales, Edgemont provided...
Ginn company battles for private ski area, golf course, between Vail and Beaver Creek
May 19, 2008 —
Editor’s note: The Ginn Company’s Battle Mountain project was approved by an 87 to 13 percent margin in a record special election turnout of 367 voters Tuesday. Minturn residents averaged 321 yes votes on all 11 questions needed to uphold the Town Council’s February decision to annex the private ski and golf resort into the town. Opponents...
New home breaks environmental ground in Vail
May 8, 2008 —
In a literal sense, every home has a groundbreaking moment.
Not every home has two.
From the moment the first shovel literally broke ground, Bob Stephanoff and the crew at the 2339 Chamonix Lane building site have been striving toward the creation of an energy-efficient home. After dismantling an aging home on the site, re-using and recycling nearly all...
Eagle County steps in to hold down housing prices despite plummeting market nationwide
May 7, 2008 —
While the rest of the nation watched home prices plunge precipitously in the first quarter of 2008, officials in Eagle County – where the median price for a single-family home was $650,410 in 2007 – are doing everything in their power to hold housing prices down in order to head off critical labor shortages.
On the same day that Fannie Mae, the...
County's high-end home sales still strong, but overall market lagging
Apr 16, 2008 —
The Vail Board of Realtors characterizes 2008 as being off to a "leisurely start."
Other observers say Eagle County's formerly white-hot real estate market has been deteriorating for nearly a year now – and that seemingly bubble-proof mountain home sales are finally feeling the impact of the national housing-market downturn.
It still depends...
Vail Capital Partners buys River Run complex
Mar 19, 2008 —
The River Run condo complex on the north side of Interstate 70 just west of Dowd Junction was acquired by Avon-based Vail Capital Partners V, LLC, the company announced Tuesday.
River Run is a 117-unit residential complex on more than seven acres along the Eagle River. Vail Capital Partners purchased the property, built in 1983, from 117 River Group...
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