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Mountain real estate crash breaks records set during 1980s energy bust

VAIL -- Last year saw a new record number of foreclosures in Vail, Beaver Creek and surrounding Eagle County, but it also saw a significant increase in home sales over 2009, which may wind up being the low mark in a mountain real estate crash unlike anything since the 1980s. Counties throughout the high country -- from Pitkin (Aspen) to Routt (Steamboat) to San Miguel (Telluride) – all set new records for the number of foreclosures, according to the Denver Post, surpassing dubious marks all established in the 1980s.