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July 2013

Real Estate 6

We’ve had a busy month with the Fireman’s 4th of July Celebration, the Sheridan Opera House’s 100th Birthday and the Annual Ah Haa Art Auction, among many others. The monsoons have also finally arrived and it’s great to have the moisture!

At the Ah Haa Auction a consortium of local realtors and homeowners, including Jim and Virginia, purchased a mixed media piece created by former ski area owner and Mountain Village founder Ron Allred and artist Judy Haas. Allred purchased the ski area in 1978 and the display includes maps of the region and Allred’s words about how the community and landowners came together to create a master regional plan and limit growth. An interesting study some 30+ years later, the piece will be installed in a public venue TBD.

Also last week Telluride Mayor Stu Fraser gave his biannual state of the town address and overall things are looking very promising. Sales tax revenues are up 11% YTD over 2012. Real estate sales through June 30 have not, however, been quite as robust. Currently San Miguel County is trending 6% behind 2012 in terms of dollar volume of sales and 11% behind in number of sales. That said, we anticipate that this gap will close, particularly as sales in Mountain Village increase.

As always, feel free to stop by the office or contact us online or at 970-728-0213.