Aspen down 27%, listings in Hamptons up 82%, what does this mean for real estate?

Aspen down 27%, listings in Hamptons up 82%, what does this mean for real estate?

  The Hamptons have increased inventory by 82%  to the highest level in 12 years.  At the same time sales fell 35% last quarter to their lowest since 2009 (Bloomberg).  In Aspen, another ultra-high-end market, sales are down 27% on single family homes from 1.2B...
International visitation plunges: what do Colorado Ski towns and Turkey have in common?

International visitation plunges: what do Colorado Ski towns and Turkey have in common?

The global economy is still healthy, yet last year out of the top destinations for international travel only two declined.  The United States and Turkey!  The other top ten destinations all increased; many increased by double digits while the U.S. declined by 6%.  The...