Steamboat Springs Real Estate Guide

Featured Article

Bank Owned and Short Sales
Bank owned properties and short sales continue to influence sales in the Steamboat Springs market place. According to the Steamboat Springs Board of Realtors statistics, of the 199 year-to-date sales, 32 of 16% were classified as bank owned or short sale properties. Currently just under 5% of all listings are classified as bank owned or short sale listings. The Routt County Clerk and Recorder office is reporting that there have been just over 170 foreclosures in Routt County through the end of May, while in 2009 there were just over 190 foreclosures for the entire year.
What is the Market Doing?
Buyers returned to the Yampa Valley at the beginning of 2010. For the first five months of 2010, sales volume was $220 million, which was a 217% increase over the same time period for 2009. Activity has picked up in all market segments as buyers continue to seek out value properties.In March an auction was held at The Highmark, a luxury condo project on the mountain. Activity was extremely lively before, at the auction and immediately after the auction. Over 10 units were placed under contract. After being extremely quiet for almost two years, the Steamboat Barn Village, (a residential lot subdivision project) announced price reductions of almost 50 percent from their original price points, on their remaining inventory.  

Land Title Sales Information

How can I help?

I hope you will find my website to be a one-stop resource for your online real estate research. I'm eager to tell you what I know about the local market for condos or homes, or preconstruction, or whatever is most interesting at the moment - that's where you'll usually find me! I delight in helping people succeed in this market, and when my clients come out of the transaction breathing that big sigh of relief, I'm just as satisfied as they are.

So please, have a look around, and contact me with any questions you might have about the market or our services. No question is too mundane - I want to help!

 

Colorado Group Realty  mybrokers.com