New Record Set for Most Expensive Home Sale for 2009
It’s in Aspen, not Austin, and recently sold for $43,000,000. Colorado’s real estate market is weathering the financial storm much like Texas’s is, and this could help boost confidence for the luxury home market.
ASPEN — Aspen’s anemic real estate industry got a boost Friday from the $43 million sale of a Red Mountain mansion.
Cheek Subdivision LLC of Addison, Texas, sold the home to 421 Willoughby Investors in a deal that closed Friday and was recorded with the Pitkin County Clerk’s office on Monday.
“It was a straight, cash deal,” said Newton Bartley, a real estate agent with Joshua & Co. who represented the buyer. Joshua Saslove, president and founder of the firm, represented the seller.
The big transaction reinforces the claim of many real estate agents that Aspen is the type of market that will continue to attract wealthy buyers capable of pulling off expensive cash deals despite the recession.
To read this entire article in the Aspen Times, visit:
http://www.aspentimes.com/article/20090714/NEWS/907139975/1077&ParentProfile=1058
We have some big money homes in central Texas and Austin as well. Celebrities and other high profile people choose Austin because it offers privacy in great home sites, a steady market they can put their money in with confidence, a great climate, and everything that makes Austin Austin. Although I only share information about their homes when they decide to make it public, some faces you might see around town and in some of Austin’s finest homes are: Lance Armstrong (currently has his ranch listed for sale in Dripping Springs), Sara Bird, Sandra Bullock, Matthew McConaughey, Luke Wilson, The Dixie Chicks, Andy Roddick, Bob Scheider, Dennis Quaid, and that’s just naming a few. Other money in Austin comes from investors and businessmen, often with international recognition. These deals are often hush, hush, complete with confidentiality or non-disclosure agreements. So while you won’t find their Broker’s bragging about the sales, the big ones often still make the news.
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