As a financial investment, choosing between real estate and stock holdings can be like selecting chocolate or vanilla ice cream; it depends on your mood and taste buds. Comparing real estate investments against stock holdings can be complex when you facto
Tag: Market Updates
Real Estate In Routt County
Across the country and in Routt County, 2019 has proved to be a seller’s market but that trend appears to be concentrated in the lower to middle price ranges. Despite historically low interest rates, potential sellers at the lower end of the market are re
How’s the Market? Transitioning to Winter
As another glorious Steamboat fall begins its transition to a white (and hopefully powdery) winter, we also begin a shift to a seasonally slower real estate market. While October is typically quite active (October 2018 was the second busiest month last ye
How’s the Market? Waving Goodbye to Summer
As we wave goodbye to summer, it’s also time to bid farewell to the peak of home selling season. May through August are typically the busiest months for real estate activity in Routt County and 2019 will likely bear that out again. Nonetheless, the autumn
How’s the Market? Low Interest Rates
In the last few years, rapidly escalating values and limited inventory were rampant in most markets, including Steamboat. Currently, the national housing marketing is decelerating and we can see the same trends occurring locally. The country is in the mid
How’s the Market? First Half of 2019
With another festive Fourth of July in the rear view mirror, it’s an ideal time to reflect on how the Steamboat Springs real estate market performed in the first half of 2019.
Commercial Real Estate Review – Q2 2019
Hefty visitor counts, stemming from a record winter of snowfall, led to city sales tax collections of $8.1M through March, up nearly 9% from last year. The increased traffic has many developers hinting at signs of impending market growth.
How’s the Market? Town is Buzzing
With the arrival of vibrant sunny days, the influx of Steamboat’s visitors has begun. Town is buzzing with activity as is the real estate market. May closed sales volume in Routt County was $59M, 2019’s largest month thus far and up 10% from the previous
Is the Real Estate Market in Decline?
In 2018, the Steamboat Springs real estate market saw its first annual decline in total transactions in a decade. Why, you ask? Global trade tensions, stock market volatility and a government shutdown are definitely contributing factors to the nationwide
How’s the Market? The More Things Change, The More They Stay The Same
The more things change, the more they stay the same. April real estate activity in Steamboat was quite similar to the last two years. Total sales volume for the month was $48M, up slightly from $46M last April. The busy month eased worries of a market slo
If You Build It, They Will Come
The Yampa Valley Housing Authority has reason to celebrate this month. The organization, which advocates and provides affordable housing and support to low-and moderate-income residents in Routt County will break ground this month on Alpenglow Village. Th
How’s the Market? A Glimmer of Hope!
News headlines have recently claimed that the national real estate market is slowing down; these claims, without a doubt, have created a glimmer of hope amongst home buyers seeking increased inventory and lower prices. While the market may in fact be show