According to the National Association of Realtors, around 70% of individuals with a net worth of $5M or more own two or more properties.
Tag: Interest Rates
Real Estate Market Remains Active
In case you missed it, here is the big news out of our office this month: On August 1, 2022, Colorado Group Realty was acquired by The Group, Inc. Real Estate, out of Fort Collins.
Real Estate Market Flows Steadily
As we bask in another epic Yampa Valley summer, the local real estate market continues to flow steadily.
Demand Outweighs Supply
Last month, over 100 business leaders from across Northwest Colorado gathered at the Colorado Mountain College Steamboat Springs campus for the annual Economic Summit.
The Heat Is On!
The heat is on! Not only with the gorgeous weather in the Yampa Valley, but also with our real estate market.
Brown Ranch Inches Forward
From the beginning, the Yampa Valley Housing Authority set a clear goal for the 534 acres donated to them by an anonymous donor last year.
What’s Happening with Inventory?
There are currently 69 offerings across Routt County, the same number as last month, but there were 84 closings county-wide.
Available Listings Remain Consistent
While the weather in Steamboat this time of year may keep us guessing, one thing that has remained consistent from the past month is the number of available listings.
Inventory Remains Low
With warmer weather approaching, we will hopefully get a thaw in the persistently low inventory.
Happy New Year! Closing Out 2021 Strong
Happy New Year! Despite persistently low inventory, Routt County closed out the year strong with 122 land/residential transactions (of which 91 were in Steamboat) in December.
Successful Start to Steamboat Resort’s First Phase
Construction crews at Steamboat Resort can breathe a short-lived sigh of relief.
2021 – A Year for the Ages
What. A. Year. One for the ages. 2021 was a banner year for real estate nationwide, but particularly in the Yampa Valley.