Greetings Friends!
WELCOME TO THE GLORIOUS DAYS OF SUMMER 

Well, I can tell you from personal experience that to leave my month in Florida and come back to Aspen June 1 with my Maine Coon Cats (and husband) from 90 degrees and 90% humidity to 45 degree nights sleeping under my down comforter—NO WONDER WE ARE A SUMMER RETREAT! Seriously, for the 3-5 times a season we may want air conditioning-try opening your windows for the REAL A/C!!!!
 
June has been a true joy of Aspen lifestyle. The hiking and biking is perfect. I see lots of paddle boarders on the Roaring Fork River. The restaurants all have patio dining with lovely, colorful flowers. Our Saturday market is open and a real treat and talk about seeing everyone you have not seen for a year! June 17-18-19 was our 30th very successful Food & Wine Event, and Thursday, June 23, opened our fabulous JAS Weekend with Bria Skonberg singing and playing her trumpet. Saturday highlights were Keb Mo and Sunday was the beloved Gospel brunch. We have VERY happy locals and visitors alike, so get back here!!
THE ECONOMY AND OUR REAL ESTATE MARKET

I attended the first in person real estate forum Friday since 2020. The General Counsel for the Colorado Association of Realtors along with the Colorado Bar Association Real Estate Specialist spoke. Their Denver market has changed in the last 6 weeks from 10+ offers for great properties to almost no showings. Brokers and sellers just started offering bonuses to sell, open houses which we have not seen in a while, and price reductions. Obviously, the precipitously falling stock market and the doubling cost of mortgages is a primary cause.

We will include the following statistics with each monthly letter through this year. It will show how our Aspen Market is turning from a sellers’ market to maybe a buyers’ market-more listings, less sales, and prices lowering.

June 2021 vs 2022
Sold: 29 vs 15
New Listings: 56 vs 50
Pending: 25 vs 7
 
I really believe even our wealthy buyers in this hyper Seller market will start to wait for a correction. It has started in Miami. As we all look at our diminishing stock accounts that will slow anyone down. It may be fun to watch all the headlines of doubling mortgage rates which will give buyers a reason to negotiate prices again, and maybe cause sellers who are asking $3,000 to $5,000 per square foot to lose some sleep… I would love YOUR feedback!
RESTAURANT UPDATES!
New sushi concept comes to Aspen
Following a successful two-week pop-up in the winter, Taikun Sushi Aspen is returning to the Marble Bar in the Aspen Mountain Residences for the summer. CLICK HERE
The labor of love behind Harper and Hudson
Harper and Hudson is an apparel shop connected to an outdoor patio that operates as a restaurant and bar.

The Summer Lodge open for business at St. Regis
The Summer Lodge will feature a live music series, a wellness component and dining, with an emphasis on a debut brunch menu.

ASPEN 4TH OF JULY CELEBRATION
A tribute to Aspen – Embrace your red, white, & blue and express your stars & stripes as we celebrate
America’s Independence Day…
The locals voted to BRING BACK THE PARADE!! Included in that vote is to have vignettes around town after the parade including the cars from the Aspen Raceway members, various camps around town, etc. Aspenites love a parade and that’s just what they’ll get this Fourth of July. The parade, which will follow the traditional route through town starting on Main Street and ending on Hyman Avenue. CLICK HERE
Theatre Aspen
GYPSY – June 27 – July 23
This ultimate, iconic tale of an ambitious stage mother kicks off our 2022 Summer Season!
Snowmass Wild West Rodeo
Wednesdays through Aug. 17

Bull riding, team roping, Kids Calf Scramble, Mutton Busting and great BBQ! CLICK HERE
Aspen Music Festival
JUNE 30 - August 21
Live, in-person concerts return to the Benedict Music Tent!
Snowmass Concert Series
Join us as we celebrate 30 years of The Snowmass Free Concert Series. Every Thursday on Fanny Hill at through Aug. 25. CLICK HERE
SUMMER ACTIVITIES
All our activities are full speed ahead and are packed. See the list below. The e-bike craze is great to get every type of person back on a bike, but please remember biking rules and pay attention to pedestrians and cars! RENT HERE
Upper Roaring Fork Rafting Adventure!
The Upper Roaring Fork is the most popular whitewater rafting trip in Aspen with the perfect blend of mellow floats and exciting rapids! This section features beautiful scenery, wildlife, and exceptional Class III whitewater. The Upper Roaring Fork's close proximity to Aspen and Snowmass makes it one of our most popular trips. Good for beginners as well as experienced rafters, the Upper Fork has it all! BOOK YOUR TRIP HERE
 We are here to help you. If you want to buy, sell, rent, or just say HI, please call! Let’s get together to celebrate SUMMERTIME in Aspen!!!