Demand for luxury properties in Aspen, Colorado, and Park City, Utah, is “through the roof,” explained Mauricio Umansky, CEO of real estate firm The Agency, who recently spoke with Fox Business.

Umansky said the pandemic had accelerated the trend of wealthy vacationers staying year-round in rural, resort communities.

“A lot of traveling to Europe this year is probably nonexistent … And so I think a lot of Americans are looking where to enjoy the summer,” he said.

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