Consistent with past years, February was a relatively quiet month for real estate in Routt County with $32.5M in closed sales. Nonetheless, it was more active than the previous two years when February sales were $24M. This February saw 47 closed transacti
Potential homebuyers will have something new to consider soon in Steamboat Springs. Plans are finalized for the launch of a new development, which will alleviate some of Steamboat’s current housing shortage. Urban Street at the Mountain is a mix of duplex
As we recuperate from another festive Winter Carnival, complete with a spectacular fireworks show, the Steamboat Springs real estate market didn’t exactly start off with a bang in 2019. Sales volume in the city limits was just shy of $25M, down from $28M
The rental market is booming in Routt County, which means landlords can afford to be picky, but it doesn’t mean they should cut corners. Steamboat’s limited pool of long-terms rentals include everything from off-the-grid studios to luxury dwellings.
As we close the books on a healthy 2018 Steamboat Springs real estate market, it’s a good time to look back on what was and to speculate on what may happen in 2019.
In 2018, the new tax law, formerly known as the Tax Cuts and Job Act, made several major changes which affect property owners. Navigating the changes can be onerous, so we have simplified the basic rules for primary residence, vacation home and rental pro
As the end of the year quickly approaches, it’s becoming more clear that the Steamboat seller’s market we’ve grown accustomed to is now slowing down.
Sellers have been in control in most housing markets across the country for a solid four years. Escalating prices and inventory shortages have become the norm. But is the balance of power finally starting to shift to buyers? Data from other markets clearl
Home values have been appreciating steadily in Routt County in a handful of market sectors and we are constantly asked what the driving trend is. In short, demand outweighs supply and the influx of people choosing to call Steamboat Springs home keeps risi
As many areas around the country are reporting slowing real estate sales, August in our area was heating up! The $76M in closed sales in August was our biggest month for volume in over a decade; this moves us to $390M year to date, up 6% from this time la
Brynn Grey Partners, a Boulder based investor/developer group, is edging closer to an annexation agreement with the City of Steamboat Springs, which could result in 450 new homes within 15-20 years.
Perhaps we are seeing early signs that the market is beginning to balance, as Steamboat Spring’s inventory rose for the second month in a row. At the end of July, there were 476 properties for sale, up from our low of 386 in November 2017. Looking back, w