Steamboat Real Estate

Blogs on the Real Estate Market in Steamboat Springs

There are currently 42 blog entries related to this category.

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11 Year High today for Nasdaq ... Real Estate in Steamboat is at a 5 to 30 yr Low

Friday, February 3rd, 2012 at 1:38pm. 38 Views, 0 Comments.

  We live in interesting times. Our economy is not great but I agree with many economist's conclusion that it is remarkably durable given the challenges of the last few years. There are definitely challenges ahead but we are seeing improvements in many key factors and the horizon looks better than it has in years.  

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   I am not a believer in efficient markets because they so often swing to far each way and react as much on emotion as data.  Seeing the headlines about Nasdaq hitting 11 year highs while there is improvement but not good times yet formed a stark contrast in my mind.  I am not a believer in efficient markets because they so often swing to far each way and react as much on emotion as data.  I think that we are seeing an example of this…

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New Team Member Added to The Steamboat Group!

Friday, February 3rd, 2012 at 12:01am. 12 Views, 0 Comments.

With the goal of improving your experience dealing with real estate in Steamboat Springs, we have recently expanded our group to include an additional full time team member.  The Steamboat Group now consists of Jon and two full-time team members helping make sure that transactions and your experience with the Steamboat Group goes as smoothly as possible.

Jon will still remain at the forefront of the office and be the main contact before, during and after each transaction.  He will still oversee all aspects of the transaction and be your main contact point throughout the entire process.  Adding team members, Jon’s priority is to spend more time with you and focusing on the important transaction details.  

Peggy, the new addition to our team, will be…

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Looking back at 2011 and Forward to 2012 - Real Estate in Steamboat Springs

Thursday, February 2nd, 2012 at 11:22pm. 28 Views, 0 Comments.

   Jon recently had the opportunity to present his analysis of the state of the local Real Estate Market to the Steamboat Chamber of Commerce.  His presentation outlined events, notable sales and trends from 2011 and then looked forward to 2012 based on shifts we are seeing. 

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  Jon’s presentation began with an overview of the sales volume from the past 8 years in Steamboat.  While overall sales volume of 2011 was 88% of the previous year, the shift can be accounted for in a few factors.  A few notable reasons for the decrease vs. 2010 include:

  • The Large quantity of National Club/Timeshare sales in The Village. $94M in 2010 down to $38M in 2011
  • The Lower average selling prices in much of the market
  • And fewer high-end distressed Single Family…

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Trappeurs Crossing Open House This Weekend

Thursday, January 12th, 2012 at 1:16pm. 90 Views, 0 Comments.

This weekend on Saturday, January 14th we are hosting an open house in Trappeurs Crossing in both Bear and Champagne Lodges. Trappeurs is one of Steamboat's most popular condo complexes, located right next to the pool, hot tubs, tennis court and fitness center make this a fantastic place to relax after a busy day in Steamboat Springs. 

 

Bear Lodge residences are some of the most beautiful and well built condos in Steamboat. This condo has a large outdoor deck with views of the South Valley. This unit is fully furnished turnkey and includes granite counter-tops, stainless appliances, a rock fireplace, air conditioning and much more! For more information on the details of this property, check out Steamboatplaces.com/38

This one is…

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New Price for One Steamboat Place $315,000

Friday, December 30th, 2011 at 11:30pm. 278 Views, 0 Comments.

  If you are considering a 4 bedroom fractional condo at One Steamboat Place I have one unit available for $315,000 that also includes 8 carryover weeks that give you additional use.  We will use the standard Colorado Real Estate contract which is gives the buyer stronger protections in their due diligence period than the developer contract that is carefully worded to favor the Developer's interests.  Give me a call to learn more or bring me the developer's offer and we can likley get you a better overall deal.

    Considering a whole ownership luxury condo at One Steamboat Place?  Let me help you navigate the current values, developer contract through the lens of your goals and help you make the best deal for you.  I will work for you and not the…

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Colorado Foreclosures drop to the lowest rate in 4.5 years

Wednesday, November 16th, 2011 at 11:03am. 117 Views, 0 Comments.

  The latest statewide stats show continued improvement in Colorado. People from Denver and front range make up about half of our real estate market in Steamboat Springs so increasing confidence statewide makes more people comfortable to look more seriously in Steamboat. I have 5 people from the front range looking seriously or under contract and most mentioned improvements in their local housing markets as a reason they got serious. While we are not out of the woods yet inflection points in Colorado and other key markets for Steamboat are a great sign and people from these areas have gotten more serious about securing their home in Steamboat as a result.

  From the Denver Post "Colorado foreclosures fell more than expected last month to a 42-month low…

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WSJ: Is it the time to get more serious about buying real estate in Steamboat?

Tuesday, July 26th, 2011 at 6:55am. 722 Views, 0 Comments.

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   Here is a good article on the Vacation Home Market with some pros and cons of buying now. We are seeing quite a few more people switch from watching to looking for real estate in Steamboat Springs. The increase in activity this summer is significant and we are seeing the interest shift from bank owned properties to quality homes town homes and condos that families can plan to enjoy for years to come.

    Steamboat is also evolving from a Resort market to a Lifestyle Market where people come for the town, the people and the complete lifestyle instead of just the skiing.  This change means that we are attracting more location neutral professionals. Living in Steamboat Springs is a very attractive choice for many families that can work from anywhere. …

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Great feedback today from new clients

Tuesday, July 19th, 2011 at 11:51pm. 1763 Views, 0 Comments.

It's been a busy summer but feedback like this from clients makes it a pleasure to work so hard. Thank you Clayton and Anne who came to me through a broker collegue from the Luxury Real Estate Board of Regents in Boulder. Lew Kingdom of www.wrightkingdom.com is a true pro in Boulder, CO.   I am fortunate to work with some very sophisitcated brokers around the country and I learn something from nearly every client because they are too.

"The Steamboat trip went well.  Jon was certainly helpful; especially when you consider the short notice.  He was organized, prompt, and quickly understood our needs.  He spent several hours with us on both Saturday and Sunday.  We got a good feel for the different neighborhoods and the available properties.    Given what…

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One Steamboat Place Pricing Preview - Not quite a done deal

Wednesday, July 6th, 2011 at 12:46pm. 564 Views, 0 Comments.

One Steamboat Place now expects to give us an announcement regarding their new plan this afternoon or tomorrow morning as they emerge from foreclosure negotiations.  What I do have is some preliminary pricing information which is as follows. I should have more details soon to confirm individual unit pricing. As always they could adjust their plans befioe announcing since the deal hasn't quite been signed.

 Fractional units:

- $220K for 1/12th units

- $330K for 1/8th units with an option to remove the Catamount Membership for $20K less.

 Whole Units starting at:

- Two 3 Bedroom units available starting at $1.395M

- 4 Bedroom units starting at $1.65M

 Give me a call at 970-879-0879 or email jon@TheSteamboatGroup.com . My first impression of the…

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One Steamboat Place reveals their step out of Foreclosure tomorrow

Tuesday, July 5th, 2011 at 4:31pm. 726 Views, 0 Comments.

    We should hear tomorrow on how One Steamboat Place will exit foreclosure tomorrow after a multi-year re-financing that could stabilize the project going forward.   Expect to see new prices, likely a different ownership structure that comes out of the negotiations & manuvering we have been watching for a few months and hopefully a plan that makes enough sense for buyers to step forward.  How do you know?  Lets see the final announcements, prices and parties that are involved and then give me a call if you want an independent opinion. Both the whole and fractional plans need to make sense because of the way the building and HOA is structured.   I will help you think through things and help you get a feel for if things make sense in general and based on…

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