Steamboat Real Estate Home Search and Blog

Steamboat real estate sales in February included 7 bank-owned properties out of 16 sales for single family homes.  What’s interesting is now that the bank-owned places are selling, there aren’t nearly as many on the market as there were just a few months ago.  Unless we see another round of REO (bank-owned) properties come on [...]

The reasons people buy Steamboat real estate have changed over the past few years.  When Intrawest purchased the Steamboat ski area, there was a speculative mad dash to buy condos, homes and land.  Now that prices are down an average of 30% and nobody is relying on huge appreciation gains, the reasons why people buy [...]

Cash real estate buyers are accounting for more home sales across the nation, and Steamboat is no different. A full 50% of Steamboat real estate sales since November, 2010 have been cash transactions.  There have been 153 sales since Nov. recorded through the Steamboat MLS, and 78 of those were cash. There are even more [...]

A lot of real estate buyers who come to Steamboat only want to buy a place in Steamboat.  They’ve visited all the resorts and like the charm and small town atmosphere of Steamboat Springs.  There are a few buyers who are here to comparison shop between Steamboat Springs and Summit County. Here is a comparison [...]

In Routt County, most homesites are at least 35 acres.  Zoning allows one home per 35 acres unless a landowner of a larger acreage splits the land according to the Land Preservation Subdivision policy. I did a search recently to see how many homes have sold with 35 or more acres between $250,000-$800,000 since January [...]

If you are thinking about replacing the windows, HVAC system, roof, or water heater in your primary residence, you might want to do it by December 31, 2010.  Holly Rogers, a mortgage broker from Yampa Valley Bank, supplied this information about the Residential Energy tax credit. The Residential Energy tax credit is available to primary [...]

…when it comes to buying Steamboat real estate. Some people made money when real estate prices were going up.   Some will make money buying Steamboat real estate when prices are down.  And some will  try to squeeze the last dollar out of a good deal and end up regretting it later when they lose the [...]

The Steamboat Springs condo market is one of the more challenging market segments for Steamboat real estate sales and the Colorado resort market in general. There have been 34 Steamboat condominiums that sold in 2010 although we’ll have to see some changes in financing availability before the Steamboat condo market fully improves.  Financing for condos  [...]

These Steamboat townhomes are what I’d consider a “best value”. All but one are priced under $400/sq. ft. and have nice finishes, good locations, and are newer.    The other is a ski-in, ski-out Storm Meadows townhome for $1,225,000.  (One Storm Meadows townhome sold recently and one is currently under contract, proving the desirability of the [...]

The Steamboat Springs Highmark, a newer walk-to-ski development across from the new One Steamboat Place and Market on the Mountain, will auction off 15 luxury condominiums on March 12th.  One Highmark condo will be sold without a reserve (most likely one on the second floor with limited views), meaning the highest bidder–whatever the price–will own [...]