Steamboat Real Estate Blog

   Last week I went to a forum and one of the speakers was Andy Daly. Andy is a former CEO of Vail Resorts where he was instrumental in taking Vail public and building it into the great resort it is today, CEO of Copper Mountain and long time director of the National Ski Areas Association / Colorado Ski Country USA.  Needless to say Andy knows a little about ski resorts and the mountain towns that surround them.   It was interesting to hear his perspective on Steamboat given his background and how much of his life he dedicated to making Vail the best it could be. The points are his but I added some color to each.

1 - The Steamboat Ski Area is a World-Class Resort. Steamboat is in the Top 10 Resorts list by Ski Magazine every year.

2 - The town of

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   The Denver Post released an article last week describing the recent and steady upswing in mountain real estate over the first quarter of 2010. ‘The improving first-quarter sales have given many mountain real estate professionals a reason to be optimistic…Routt County statistics reveal a similar trend (to Eagle County), with the number of transactions during the first quarter rising almost 113 percent, to 312, compared with 277 a year ago. Dollar volume in the county, which includes the resort community of Steamboat Springs, was up more than 225 percent to $125.7 million in the first three months, compared with $55.7 million a year ago.
 
  When combined with a look at month over month statistics, Steamboat has seen an increase in home sales vs the…
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    Challenges clearly remain but the Wall Street Journal is seeing some strong signs of recovery in the luxury home market.  Among those challenges we often find opportunity.  In Steamboat we have seen a strong uptick in the sale of properties over $1m with large numbers of sales in the $1-$5m range. According to Land Title YTD sales volumes are up 215% through the end of April compared to 2009 numbers.   We are seeing people take this chance to pick up some of the best properties at good to great prices.  Some want a place to bring thier family and friends together, others are location neutral and think why not live in Steamboat and many are planning for retirement down the road.  Nearly all see a turn coming and want to buy at the bottom of this

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   It looks like the housing market will get some more help from low interest rates. The Fed started to ease some of the measures that were keeping rates low this spring. Now before rates got a chace to rise much the issues in Europe are bringing back the US's status as a safe haven and cash is flowing back into 10 yr Treasury Bonds which in turn drives lower mortgage rates. The mortgage market is also improving as private investors return offering more different products and better pricing than Fannie Mae.  This is good news nationally as it will make sense for more people to buy homes easing the strain on troubled borrowers and their banks along with allowing more room in the budgets of those that refinance. 

  Needless to say this is good news for

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  There is only so much time to spend with your family and friends outdoors so people are starting to get back to play.   The demand for lodging in ski towns is trending upward for summer. Reservations are beginning to turn around and we are seeing it in Steamboat  Overall lodging demand in resorts across Colorado is showing signs of a rebound this year, mirroring the national upward trend projected to continue this summer and into 2011. 

"We're starting to see that demand is coming back and occupancy is coming back," RRC Associates Director David Belin said during Economic Summit 2010 at The Steamboat Grand. "For the week ending May 15, nationwide occupancy was again up 4.4% from the same week the year before," Berlin said. "The fact that we're seeing

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Did you know that there is a new easy one button search for any property you may have in mind or just starting your search? Searching online for a specific place in Steamboat Springs can be sometimes very confusing or just time consuming on your part. With this new easy Steamboat MLS Search you can browse by areas, maps, streets, subdivisions, zip codes, cities or even by the MLS number.  We have created a website to guide and help you through all of your search options and to help answer any questions you may have along the way.

 This site designed this site with your needs in mind. You can find every property in the Steamboat MLS through our IDX feed, find them several different ways and see the details available. This easy search option is the first

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James Crawford staked his claim to land in the Yampa Valley because of its mineral springs, lush grasses, river and streams. Today, in the 20th Century it really hasn't changed much. He was convinced the land's abundance would provide comfort and security for his family. He was not alone in that belief. By the end of the Crawfords' first year in the Yampa Valley, pioneers were gathering. Within ten years, the settlement had a newspaper. By 1900, residents were electing their first town council, having established its charter. Electricity, automobiles and the railroad ended Steamboat's frontier outpost era. Neighbors came together to bring refinement to their rough-hewn town, nurturing churches, schools, art, dance and entertainment. Throughout its first

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Just because the mountain is closed and snow has stopped falling "well kind of", that doesn't mean you still can't enjoy gravity and precipitation. No one knows this better than local canoeists, rafters and kayakers, who take to the Yampa River in droves every spring when the snowmelt descends from Mount Werner and beyond. The number of river runners continues to grow in Steamboat and adds a unique flavor to our community. People come here for it from around the state once word has spread about the river.

The Paddling Life Invitational is on Monday, May 31st, 2010, celebrates its fifth anniversary this year. While the Yampa River Festival is on Saturday through Sunday, May 29th-30th, 2010, a water-based version of its winter cousin, commemorates its

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  Living in Steamboat Springs is a dream for many.  Click here to learn more about living in Steamboat! Every day I walk out the door, look straight up at the mountain and consider myself lucky to be here.  The town of Steamboat Springs is a unique combination of a small town, in an incredible valley, surrounded by mountains and having amenities many would consider luxious for a town twice our size. That said the people in Steamboat may be the best reason to be here. Most are incredibly down to earth, low key and caring people that are great to be around. Steamboat was a ranch community first and everyone is committed to keeping it a great place to live.  A few quick places to learn more - 

**We added in the below video on 7/21/14 to give you a quick

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   More good news on the housing market to match some of the economic news we have been seeing the last few months.  Despite the headline prices actually fell slightly, 0.7% nationally, but that is still very good news compared to what we were seeing only a few months ago.  It is nice to read the Wall Street Journal and see increasing profits, hiring starting to kick back in and other signs of a solidifying economy.  

   We are seeing many good signs in Steamboat too with volumes showing 2X increases vs a year ago for 5 months in a row now and buyer interest increasing.  During this transition period we will continue to see some good opportunities here in Steamboat as people begin to adjust to current market realities.  Give me a call at 970-819-6930 if

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