Monday, January 10, 2011
1. Since December 23rd, buyers have placed 28 condos -- out of a total of 49 -- under contract at THE ASCENT RESIDENCES, the newly re-launched development located at the base of Beaver Creek. Of these, 13 are two-bedroom units, priced from $349,000 to $589,000, and 15 have three bedrooms ranging in price from $499,000 to $769,000.
2. In a recent post, dated December 31st about The Club at Cordillera Members vs. David Wilhelm, I wrote, "So far, the CTC [the Cordillera Transition Corporation] has been able to persuade angry Club members NOT to withhold dues payments." It would have been more accurate if I had said something like, "so far, the EXISTENCE of the CTC has PROBABLY been able to persuade angry members, etc." The CTC is not advocating anything. What they are is hopeful that they can facilitate a Cordillera-owned solution to the Club situation if and when the Wilhelms are willing to sell. Meantime they continue to communicate with the membership, updating members as events occur.
3. When the price is right, the buyers show up. On January 3rd, I sent an email to my clients and customers, alerting them of a new and significant price reduction on a 3-bedroom Beaver Creek condo -- HIGHLANDS SLOPESIDE #219 -- that had made it, in my estimation, a REAL value at $1,899,500 fully furnished. It's now under contract. I don't know the contract price ... that information won't be released until closing ... but someone got a terrific deal. Here's a photo ... that's the ski mountain outside the window: