November 2013

Found 3 blog entries for November 2013.


  The Official Land Title Steamboat Market stats just came out today and it was a great month.  We have been busy all summer with 4 of the 5 best months we have ever had (even compared to when the market was nearly 4 times bigger) and the broader market is picking up it's pace now too.  The Steamboat Real Estate Market grew 26.2% over October 2012 and 15.5% YTD vs. 2012. Transactions were up +8.4% over last October and were up 11.3% YTD.   For a little perspective the market was down nearly 75% volume wise from the peak in 2007 so we have a ways to go both sales and value wise.  

  There were $54.8M in gross sales and 129 transactions in October making it the second biggest gross volume month this year along with the highest number of transactions in

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  I wish all the time that I grew up in Steamboat but I feel lucky that Alden and Neve can instead. This is Alden with a couple of his SSWSC buddies before they head up the lift for their first day of U12 training at Howelsen hill. Any kid who is safe, well fed and loved is lucky. That said I never lose my sense of amazement of how lucky kids are that get to grow up in Steamboat.

 Nearly every day I notice something small or big that is "normal" here but improbable or vacation worthy most other places.  It may be cool things about the weather, something they talked about in school, powder days, mountain biking or other things I could only dream of doing when I grew up.  They or their friends and likely their coaches ski raced in the US Ski Team or

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  It's an interesting news day for Steamboat Springs.  Intrawest filed to go public today in an IPO and plans to list their stock on the NYSE.  They registered to sell $100M in stock but this number often changes. I don't think it will quite like Twitter.  For some background Intrawest was bought by one of the Fortress Funds in 2006 or 2007 and then proceeded to buy Steamboat in March of 2007 for $265M.  They have sold off some resorts since then including  Whislter / Blackcomb through a public offering and Copper Mountain to restructure their debt during the recession and moved their headquarters from Whistler to Denver.  Their revenue was $524M in the year through June so Intrawest is still a formidable player in the ski business.

 I have had it from

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