Trailhead Lodge Steamboat Auction Results

Sunday, May 6th, 2012 at 3:14pm. 285 Views, 0 Comments.

 The auction for Trailhead Lodge at Wildhorse Meadows finished about 30 minutes ago. Overall there was good activity in the 2-3 bedroom range at prices that were where very close to what I had advised my clients of.  Auction wise they threw in several twists as expected and started with 19 instead of 39 units then mentioned there would be more, they added a second round to bring the total units offered to 34 units.  There were 23 winning bids for a total of just under $8.5m.  Some bids were accepted on site and some we will know today on.

Updated info:  Here are the highest priced units by type, I have full info on the winning bid for each condo that I'll save for clients I am advising on phase two of the auction process. Some went a good amount lower. …

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April Market Update for Steamboat Springs

Thursday, April 19th, 2012 at 10:12am. 183 Views, 0 Comments.

Its an interesting time right now in Steamboat. The real estate market continues to show signs of recovery and more people are evaluating if it is a good time for them to purchase or upgrade in Steamboat.  We are at a point where the economic news is significantly better than it has been for a long time (still risks out there for sure), other financial assets like the stock market are at or near highs we saw in the last boom and returns on cash / bonds are low.  At the same time, people are seeing stabilization or recovery in their home markets.  Prices are down significantly here in Steamboat, interest rates for purchases are in the 3.25-4% range and financing is getting a bit easier, even for condos.  Locally, at the end of March the Real Estate…

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Top 11 Things to Know about the Steamboat Auction for Wild Horse Meadows Condos

Monday, April 2nd, 2012 at 12:13am. 932 Views, 0 Comments.

 There will be a lot of excitement and questions over the next couple of months surrounding the Auction for Condos at Wild Horse Meadows.  Most will be from people looking to learn more about the auction but many will be from people that already own in Steamboat or are thinking about it and wonder what this means to the Steamboat real estate market. Here is a short list of key questions I can answer for you along with any others you have. I think that there will be some very good values for people that navigate this process thoughtfully.  

5-6-12 Check the following link for the Trailhead Lodge at Wildhorse Meadows Steamboat Auction Results

11 - Why do you care if you don't want a Condo but are interested in or own Real Estate in Steamboat? 

10 -…

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Auction announced for the remaining units at Trailhead Lodge in Wild Horse Meadows Steamboat

Friday, March 30th, 2012 at 1:07am. 1223 Views, 0 Comments.

   This is a very surprising twist given they just bought it months ago.  I expect there is something else going on here as most thoughtful business people would adjust in other ways to stimulate demand before taking such a desperate measure and such an adjustment hasn't been made here before this.  Existing owners probably won't like the prices the condos bring but at the same time once they sell, the inventory overhead will be gone and a year or so later they will probably sell for closer prices that compare to similar properties than the auction prices. It will be a reserve auction but there are likely to adjust this in real time depending on demand.

  Hopefully this is a good thing in time but in my opinion it shows that the group that bought…

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Lifestyle Matters

Thursday, March 22nd, 2012 at 11:49am. 275 Views, 0 Comments.

 Jon's Family was excited to be featured this past week in an article that was in the Denver Post. The article discusses the benefits and advantages of living in a place you love.

Section of the Denver Post Article about the Wades Below - 

"Lifestyle matters. The Wade family is definitely happier since they moved six years ago from the college town of Boulder north to the more family-friendly Steamboat Springs. The year-round outdoor lifestyle, good schools, and "the benefits of a small town without the isolation" suit them, said Jon Wade: "Granted, it takes more effort to live here given our winters and the cost of living. You have to want to be in Steamboat, but that seems to attract people passionate about enjoying life." His children, ages 8 and…

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Fly Fishing in Steamboat Springs

Saturday, March 17th, 2012 at 7:02pm. 390 Views, 0 Comments.

We created this video to showcase the beauty and serenity of Steamboat's landscape and its fantastic fishing waters.  If you are a Fly Fisherman this video gives you a great overview of what the Yampa & Elk Rivers in Steamboat have to offer. Interviews with fishing guides and local fly fishing enthusiests continue throughout the video, giving you a deeper insight into the fishing that Steamboat has to offer. 

And even if you are not a Fisherman, the video does a great job at captivating a bit of the Steamboat lifestyle and the beautiful landscapes around town.  This video is a great resource for anyone curious about the Steamboat Lifestyle.   

Interested in learning more about fly-fishing in Steamboat?  Ask Jon at Jon@TheSteamboatGroup.com or…

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Open House in Trappeurs Crossing Tomorrow - March 2nd

Thursday, March 1st, 2012 at 9:33am. 230 Views, 0 Comments.

Tomorrow we are hosting an Open House in Trappeurs Crossing, showcasing 2 units in different lodges.  Trappeurs Crossing is a beautiful subdivision in Steamboat Springs only a few blocks from the base of the Gondola and the ski area.  Read below to learn a little more about the 2 different condos that are available to tour tomorrow! 

5202 Emerald Lodge

Emerald Lodge at Trappeurs offers a great way for you to enjoy the Steamboat Lifestyle. Take in views of Emerald Mountain and the South Valley from this Luxurious condo. You can enjoy the great amenities that Trappeurs has to offer, walk or ride the shuttle to the mountain, grill on the deck year round and have a base for making the most of your time in Steamboat with family and friends.…

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Snow Storm Comes to Steamboat 27" in 24 hours

Monday, February 20th, 2012 at 11:50pm. 352 Views, 0 Comments.

Steamboat is quickly making up for lost time.  After being off to a slow start this year, it appears as though the mountain is intent to not let this winter get written off as a low snow-year. An unexpected snow storm left Mt. Wermer with 27" in 24 hours and an additional 7 inches of snow at mid-mountain since 5 a.m. this morning, brought the 30-hour total to 34 inches at mid-mountain. And it was all Champagne Powder!   

One of my favorite thoughts on todays snow in Steamboat come from Open Snow's Joel Gratz, who in his review on snow in Colorado said the following about Steamboat - 

"The old 'Steamboat Surprise' returned last night. I have no solid ideas about how they could get 27" of snow (I talked to someone at Steamboat and they said that the snow…

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Snow Comes to Steamboat!

Wednesday, February 15th, 2012 at 4:48pm. 386 Views, 0 Comments.

   Snow has come back to Steamboat!  After a slower start than we are accustomed to, this past week in Steamboat the snow has been fantastic! As of 5 a.m. Wednesday morning, the ski area had received 28.5 inches of snow at midmountain in the past seven days. That’s 5 inches more than we saw the entire month of December, and it’s a good portion of January’s total of 39 inches. 

   I was fortunate enough to be able invoke my Powder Clause to ski a few runs early with friends before heading into work on Tuesday and thought I would share a quick video of what it looked like.   Not only has the snow been plentiful, but it's also Steamboat's Champagne Powder as well. 

  The weather pattern that had been blocking our storms has gotten much weaker.   I…

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How are Intrawest and the Steamboat Ski area doing?

Sunday, February 5th, 2012 at 1:29am. 595 Views, 0 Comments.

  I got a great question Saturday from someone on this blog and thought I would pass on some of what I know and or think.  It's funny that I wrote myself some notes on Friday to do an update like this.  Feel free to ask if you have a question and I will give you my thoughts. 

   Intrawest is a private company that is owned by Fortress Funds since 2006 so we can't review their financials. That said, I haven't seen negative news about them since they sold off interests in several resorts and took Whistler public and we can infer some things about their strength by their actions. These sales allowed them to retire their existing loans and put a new debt structure in place by April of 2010.  The…

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