Tuesday, November 07, 2006

Are we closer to a sale?

They raised prices on the Alpine Land high-end LPS lots in the $1.5 - $2.2m range today after a few recent price reductions. Alpine Land is being developed by Andy Daly and Bill Butler, indications are that Andy is involved in a bid for the Steamboat Ski area so does he know their bid was or wasn't successful and wanted to change prices before an announcement??? It seems to me that they are either stumbling around blindly in their pricing strategy or there is a different reason. They are pretty smart guys but I guess we will see soon enough.

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