Photo caption: Star Mesa Estate recently sold for $16 million.

 

Real estate brokers in Aspen thought they were safe. They didn’t think anything could derail their booming market. Then the recession hit. Two painful years later, a turnaround is beginning, signalled by some high dollar sales. Since the end of January, six homes have sold for more than $14 million. Tim Estin, a broker with the Aspen firm Mason Morse Real Estate, blogs about the industry. He talked with Ryan Warner about what's helping the market heal.

 

2010 Aspen-Snowmass Real Estate Market Report

 

Photo courtesy of Aspen.com.