Celebrate Autumn in Ruidoso with a weekend of cool cars, hot chili, and a festive parade! AspenFest, Ruidoso’s annual fall celebration, the first weekend in October, allows residents and visitors alike to participate in the celebration of our caring community, the cool crispness of the coming fall and the beauty that is Ruidoso. AspenFest weekend is kicked off every year with a parade Saturday at 10 am through Midtown Ruidoso. “Everybody loves a parade and mixing with chili, cars and crafts is a home run. The fall is a time for tradition and friends and our mountain is the perfect spot.”