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They were followed by the mere millionaires: Routt (Steamboat) at $813 million, San Miguel (Telluride) at $780 million, Grand (Winter Park) at $611 million, Gunnison (Crested Butte) at $540 million, and Chaffee (Salida) at $295 million. Also: Lake (Leadville) at $85 million and San Juan (Silverton) at $41 million.
Aspen market still growing
ASPEN, Colo. – For the fifth consecutive year the real estate market in the Aspen area continues to inflate.
From Aspen to Parachute, a distance of 84 miles, the dollar volume of residential real estate for the first half of the year increased 18 per cent compared to last year. This area also includes the booming oil and gas towns, but The Aspen Times reports that a majority of the $1.16 billion in sales occurred in Aspen and Snowmass.
The average sales prices this year in Aspen were $2.89 million, compared to $2.44 million last year. Increased average sales prices were also evident down-valley in Basalt and even more so in Carbondale.
Ketchum real estate ho-hum
KETCHUM, Idaho – Unlike other major resort areas, the real-estate market in the Ketchum and Sun Valley area continues to be ho-hum. Not only has the number of sales declined, but prices for single-family homes are flat. Condo and townhomes, however, continue to rise in price, reports the Idaho Mountain Express.
Not real, but spectacular
FRISCO, Colo. – Did you know that women who have breast implants sometimes have uncomfortable sensations accompanied by swishing sounds in their chests when visiting higher elevations?
That was the discovery some years ago by Jim Bachman, a physician since 1981 in Frisco. In addition to delivering babies and other ministrations expected of a small-town doctor, he avidly studied effects of the thinner air found at 9,000 to 10,000 feet in elevation.
“Patients complained about the implants sloshing much like your potato chip bag,” Dr. Bachman told the Summit Daily News. Pressurized implants, he explained, expand with a decrease in air pressure, similar to shampoo bottles. He was the first to report on that phenomenon.
Bachman also coined a new word while studying high-altitude medicine: bilanders. These are the people who live part-time at low elevations, particularly sea level, and part time at high elevations. Blood-pressure of these bilanders fluctuates up and down as they travel back and forth, he discovered.
Although continuing to live in Summit County, Bachman is giving up his medical practice there, because of his frustration of working with insurance companies. Instead, he’ll be commuting about 70 miles to metropolitan Denver, where he will work in occupational medicine.