Us Vail real estate insiders have been talking quite a bit lately about the enormous size of some of the new condominiums built in Vail Village during the real estate boom and how it would be nice to have smaller properties that are more buy-able for a more diverse buyer net worth.  Of course, that means a price of 1 million for a new Vail condo versus 10 million; it is still a very affluent second home purchase.

Apparently, there are allot of luxury developers that are taking this approach in many resort markets in the Rocky Mountains and throughout the rest of the vacation world.  The article below reviews several resort  community developers new strategy of building affordable but luxurious homes for the affluent.

The ultimate goal as the Wall Street Journal suggest is to attract new buyers to homes that are close to the amenities that we all enjoy the most.  In Vail, Aspen and Steamboat Springs, that would be the ski mountain access and beautiful summer filled mountain activities, golf, trout fishing, rafting, hiking, etc.that these ski resort markets offer.

One such project in the Vail Valley located at the Red Sky Ranch community is Juniper Trail by Hermes Resort Properties.  The developer, Rick Hermes, effectively reduced the purchase price, size of the property and building costs and sold out all but one of the 27 golf course homes in this enclave.

Real Estate sales in ski resort markets have rebounded back nicely from 2009 so now might be a good time to look at property in ski country.  There are great deals for all kinds of real estate, small and large in the high country.

Contact us with your mailing address at info@resortmarkets.com to recieve a free copy of the 2010 Vail Valley Real Estate Buyers Guide or you can sign up for my online newsletter below.

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Half way through 2010 and the real estate sales in Eagle County continue to thrive.  When looking at 2010 Vail Valley real estate sales in 2010, total dollar volume and number of transactions continue to dominate 2009's dismal trends.

Year to Date, we have seen 174% increase in real estate transactions compared to 2009 and a 188% increase in total dollar sales volume.  Vail Village has seen some of it's largest sales ever with the completion of Solaris, the newest and most prominent building now standing where Crossroads of Vail used to be.  One seven beroom condominium has sold for fourteen million which has to be a record sale for Vail Village multi family property.

There have been many Eagle County Economic predictions in the last many months but most all agree that the worst is behind Eagle County residents and businesses.