Deep discount on princley property

Posted by Al Lewis on June 09, 2012
Housing

Here’s another sign of how far things have fallen: An Aspen home that once listed for $135 million just sold for $49 million.

Just imagine: This represents an $86 million dip in the value of just one single-family home.

Click here to read my column on Marketwatch.

And click here to read what I wrote about this home in 2006 at the peak of the market.