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Hi Friends- 



I felt the world turned upside down last week but when I received my Aspen Rabbi’s email last Friday afternoon,

 it had a calming effect:


“We must protect against the panic and fear which can cause more harm than the Virus itself.”  It went on to say:  "Increase your acts of kindness and think positive and it will be positive.“



We are

 incredibly lucky to live in one of the healthiest places in America. One of my dear girlfriends from elementary school

 in Minnesota reminded me that her mother would call requesting Lorrie (me) to come and “air out” Cynthia. I was

 so lucky to have an athletic family who insisted that we needed daily fresh air to stay healthy. In Aspen, we have

 so many winter fresh air options besides our beloved downhill skiing like


cross country skiing, uphill skiing, hiking, biking,

 sledding, tubing, and sleigh riding!!!! Not only will you feel better to “air yourself out” but you will also  be

 hugely healthier!!! 



Unfortunately, the Governor of Colorado felt he had to instruct all the ski areas to close down AND NOW ALL RESTAURANTS AND BARS but

 we still have our other outdoor options. And, Aspenites are adventuresome! One couple we are close to called that they loaded their bikes on the car and were driving to Grand Junction for a few days of riding!



STAY HEALTHY. WE WANT TO HEAR FROM YOU TOO!

AS SOON AS THINGS SETTLE DOWN, WE WILL GET YOU OUR EARLY SUMMER ACTIVITIES!!!!



We want to thank our First Responders and all brave medical teams, and all of you, our friends, clients,

and fellow realtors.

REAL ESTATE UPDATE


We are trying to make sense of our year to date (YTD) stats above. The discrepancy of single family Aspen homes in 2019 -vs 2020 may be attributed to two homes closing over $11,000,000, one over $17,000,000 and one at $21,000,000. You will note the number of homes closed was 19 compared to 9 and this was basically before the virus scare.

 

The Condo/Townhome market in 2020 closed 5 over $9,000,000 which included 4 at Lift One which have been on the market under construction for several years.



So, we are looking at pending transactions and

 there are nine properties over $10,000,000 and a total of 33 under contract. The good news right now for

 the real estate market in Aspen and across America is that mortgage

 rates are extremely low and that may encourage buyers to “stay the course.”



Some businesses will flourish. For example, Amazon just announced they are hiring 100,000 workers. My long time family friends in the food business say it is off the charts. Costco announced the largest day in history on March 12 in some of their stores.

I think most of the country is just “on hold” now. The good news is that our economy was booming before this scare.

America is so lucky to have some of the smartest minds on the planet. forming public/private partnerships to resolve this and is what Americans do.


WE ARE SO GRATEFUL

AMERICAN IN A NEW

UPSIDE-DOWN WORLD

I encourage you to read

American in a New Upside-Down World

 

from the brilliant Victor David Hanson, a farmer by trade in California, who

also taught military history at the Hoover Institute at Stanford.

We just need a little patience.

© Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC

Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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