| Steve's Blog |
GOLD HILL CHUTES
2 - 5 TO OPEN |
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The Telluride Ski Resort announced plans to open up more terrain this year which continues their three year expansion trend. As was previously the case, this new terrain will also be in Prospect Bowl located on the face of Gold Hill. With this new addition, skier's will be able to ski practically the entire face of Gold Hill, all 1,600 vertical feet of it. Very few skiers have experienced these new chutes. This addition will continue to place Telluride at the forefront of ski resorts in the United States as well as Europe.
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| Upcoming Events |
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August 6-16 Telluride Chamber Music Festival
August 13-16 Telluride Festival of the Arts
August 14-17 Mudd Butt Mystery Theatre Troupe
August 20-23 Telluride Mushroom Festival
September 2-10 Telluride Film Festival
September 12 Imogene Pass Run
September 14-17 Black Bear Awareness Week
September 18-20 Telluride Blues & Brews Festival
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| Contact Information |
Telluride Real Estate
Steve Catsman, Owner/Director
Telluride Real Estate Corporation
137 W. Colorado | P.O. Box 65
Telluride, CO 81435
970.728.6629 | Fax 970.728.4917
EMAIL: steve@catsman.com
WWW.CATSMAN.COM |
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| ARE WE IN THE PERFECT BUYER'S MARKET? |
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That’s the million dollar question and one that I hear frequently. Based on nearly four decades of Telluride real estate experience and market indicators I would say that yes, this is the perfect buyers market. The signs for a thawing market place are measurable and positive:
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- Showing appointments in the last 21 days have increased dramatically to qualified buyers not just in my office but across the board in the Telluride region.
- Gross dollar sales increased in the second quarter of 2009 by 10%.
- Five homes in Telluride Mountain Village sold in the second quarter at an average of $4,000,000 vs., just one home in the first quarter.
- Although our most current recession has much greater depth and severity than previous downturns historically Telluride has recovered quickly with double digit inflation.
- Web site traffic, which I closely monitor for my web site, has nearly tripled in the last 21 days.
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There are sellers in the market place looking for liquidity and so this translates to some desirable opportunities which I would be happy to share with you. Telluride is a market characterized as one with very limited inventory, where demand for the lifestyle has always outstripped supply. This has tended to create an accelerating recovery during past downturns.
So, when I’m asked “Are we at the bottom? Is now the time to cut the best deal?” My response is simple, if your family is drawn to our lifestyle here in Telluride; there is never a bad time to invest in Telluride real estate.
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| TOWNHOMES ON THE CREEK AND TRISTANT OPEN HOUSE |
| All 7 residences on Prospect Falls have been completed (with one sold) and paving is finalized so we figured its time to celebrate and unveil this unique community in the mountain village. Townhomes on the Creek is the final phase of Tristant and we definitely saved the best for last. With a level of finish and attention to detail unmatched in the condominium market along with easy ski access via a private bridge or funicular and close walk to center of Mountain Village these townhomes are an unparalleled opportunity. Just up the hill the remaining 4 Tristant residences offer spectacular views, the same great access and competitive pricing. |
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You can visit www.townhomestelluride.com for floor plans, pricing and photos or of course call the office for details. 970-728-6629
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