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Mountain resort home sales rise from recession’s ashes

Some developments across West reporting nearly $100 million in transactions

There you are standing at the top of the ski hill with snow flurries softly whipping about your face. You peer through your ski goggles at the calm, translucent world and ponder, "Wouldn't it be great if I owned a home out here and I could ski all winter?" Apparently, the fellow with the snowboard next to you is already thinking the same thing, as is that woman who just came off the lift and earlier in the day raced you to the bottom of the mountain. After the recession, when the sales climate for mountain resorts turned frosty, the market for second homes or retirement homes in resort-centric mountain developments has heated up like a fireplace stoked with extra pine logs. I checked in with three Western resorts, all relatively new and each with a different backstory, to see what was going on. The common denominator for each has been a resurgent market for homes and lots. My first stop on the tour was Martis Camp, a private, 2,177-acre luxury community located be...