Beaten-down condos: ‘Deals of lifetime’ Crested Butte

701 Gothic Road, Unit 208, Mt. Crested Butte, CO 81225 - Exterior

Beaten-down condos: ‘Deals of lifetime’ Crested Butte

Beaten-down condos: ‘Deals of lifetime’ Crested Butte

I for one can say the condo market here in Crested Butte has been hit the hardest.  With prices as low as $349 a square foot for true ski in/ski out the deals have never been this good.  You would be very hard pressed to find prices as low as this in any other ski resort in Colorado.  Call me for a current list of available Crested Butte condos or visit my website to search the MLS privately and securely.

Whether you are inquiring about Crested Butte homes for sale, Crested Butte condos for sale or Crested Butte land for sale or wish to sell your Crested Butte home, condo or land I have vast knowledge of the Gunnison Valley to assist you. As a Benson Sotheby’s International Realty real estate agent and Realtor I have unrivaled access to qualified people throughout our global Sotheby’s network. Please take a moment to get to know me better by clicking About Me and Testimonials. You may search the Crested Butte MLS listings via my Crested Butte property search page anytime of the day as well as set up My Listing Manager to notify you of new property listings. Contact me anytime of the day to obtain my expertise as your resort property specialist in the Crested Butte area as I am committed to unparalleled service.

Regards,

Corey Dwan
Benson Sotheby’s International Realty
970-596-3219 Cell
Corey.Dwan@SothebysRealty.com
www.CrestedButteForSale.com

Beaten-down condos: ‘Deals of lifetime’ Crested Butte

By Beth BravermanJune 29, 2010: 6:04 AM ET

(Money Magazine) — For the first time in years there is a glimmer of hope in the condo market. After falling 20% nationwide and 60% or more in the hardest-hit areas, median condo prices remained flat nationally in the first quarter vs. a year earlier.

And sales in March were up 40% from the previous year, hinting that prices might be heading back up soon too.

  • So is now the time to pounce?

On the side of yes: Prices and mortgage rates are low, and choices are plentiful. Plus, thanks to new, stricter financing rules on government-backed loans, qualified buyers face less competition.

But many condo hot spots were seriously overbuilt during the boom — which sent prices falling at an even faster rate than those of single-family homes.

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