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Archive for 'Uncategorized'

Steamboat Single Family Home Activity Heats Up

Steamboat single family homes priced under $800,000 are seeing a lot of activity from buyers.  Showing activity has been strong from buyers purchasing in Steamboat for the first time and trade-up buyers going from a Steamboat condo or townhome to a single family home.
Here is a link to 12 Steamboat Single Family Home Best Buys [...]

NYTimes Article, “Skiers Buy Vacation Homes as Prices Fall”

Steamboat  real estate sales follow the same ups and downs of most Colorado mountain towns, and a recent article in the New York Times entitled, “Skiers Buy Vacation Homes as Prices Fall” highlights some of the trends going on in our Steamboat market and the general Colorado resort market.
Real estate buyers who stayed on the [...]

Steamboat (Intrawest) in Foreclosure—Is It A Good Thing?

Call me an optimist. When the word came out that Fortress was in default for not meeting a loan deadline, the emails started flying around Steamboat:   Intrawest is in Foreclosure!  Bankruptcy!  Default!
Yikes!
Sources tell me that Steamboat is a highly profitable ski mountain.  (Intrawest has been privately held since 2006, so only a handful know [...]

Understanding Steamboat Home Loans

If you want to buy real estate in Steamboat and need financing, take the time to read this new publication by HUD (the Department of Housing and Urban Development) entitled “Shopping for Your Home Loan: HUD’s Settlement Cost Booklet.
It will help clarify the home buying process, especially if you are shopping for a mortgage.

Financing is [...]

One Steamboat Place Update

One Steamboat Place in Steamboat Springs, CO  is scheduled to open on  January 9, 2009.   The first 13 owners have closed on their whole and fractional ownership residences.
Ten fractional ownership units have closed for a combined total of $4.5 million, and three whole ownership condos sold for a combined $10.8 million.  (The priciest was a [...]

Home Buyer Credit Extended and EXPANDED

I recently wrote about the possibility of the $8000 tax credit being extended and expanded to include current homeowners.  Yesterday, it became official.
For those who missed the government’s cash for clunkers and the first time buyer credit, you get another chance to get $$$ from the government.  All you have to do is buy a [...]

Colorado Group’s Real Estate Round-up is Thursday

Mark your calendar for Colorado Group Realty’s annual Real Estate Round-up.  It will be this Thursday, November 5, at the Steamboat Grand.
Speakers for the Real Estate Roundup include Colorado Group brokers presenting a Steamboat Springs Real Estate market update and Richard Evans from Stewart Title talking about Steamboat Short Sales and Foreclosures.
You’ll also have the [...]

One Steamboat Place Pictures

One Steamboat Place update
I was up at the Steamboat Ski Area base the other day and was amazed at the transformation now that One Steamboat Place is almost completed.
One Steamboat Place fractional and whole owners will start closing on their residences in November.  (If you’d like more information about owning at OSP, click here.)
The new [...]

The Time to Think About Resale is When You are Buying

There is a lot of real estate available here in the Steamboat Springs area.  Whether you are looking at land, single family homes, or condos, there is more inventory available than there has been in years.
So what do you buy with all those choices?
The old real estate adage  “location, location, location” is important, but here [...]

Steamboat #1 in Ski Magazines for Families

Steamboat ranked #1 for the best Family Resort in the West by Ski Magazine and  Best Trees #1 and Best Snow #2 and in Skiing Magazine
Other Steamboat resort rankings in Ski Magazine are (click here for the full list) :

Snow– #8
Lodging — #9
On Mountain Dining — #10
Terrain Parks — #10