Steamboat Real Estate Blog 
Short sales equal 9 percent of 2011 dollar volume in Steamboat Springs
Monday, January 16th, 2012 at 10:48am. 98 Views, 0 Comments.
The number of distressed single-family homes that changed hands through the short-sale process more than doubled here to 29 in 2011 from a dozen in 2010.
The growth in short sales came against the background of a similar, but less dramatic, increase in properties that sold through foreclosure. And the totals in Routt County are apt to be even greater: The research done by Colorado Group Realty for this article relied on the Steamboat Springs Multiple Listing Service for its data and reflects only sales in which a Realtor was involved.
Short sales are processes through which homeowners avoid the foreclosure process by negotiating with lending institutions to accept a sale for less than the outstanding principal on the owners’ mortgage. The banks can…
Colorado Group Realty Awards Outstanding Brokers of 2011
Wednesday, December 28th, 2011 at 12:48pm. 77 Views, 0 Comments.
Four Colorado Group Realty brokers received top honors for demonstrating leadership and strength within the firm and community. CGR is one of the Yampa Valley’s premier real estate companies, and, once a year internally recognizes its brokers with three different awards.
This year’s Rising Star is Martin Dragnev, an award given to a broker or brokers who are new to CGR. Dragnev joined CGR in 2008. “As a broker who got into this business in a recessive market, Martin is now reaping the benefits of his patience and ability to listen and learn from the brokers around him whose advice he has sought over the past few years,” noted Mike Autrey, CGR Board Member.
The Top Producer award was presented to Nick Metzler. “The firm is…
Edgemont plans for new townhome project
Thursday, December 22nd, 2011 at 10:41am. 103 Views, 0 Comments.
With the last of its five-bedroom penthouse condominiums in Edgemont under contract, the Atira Group will launch the sales effort for the second phase of its luxury project adjacent to the Steamboat Ski Area slopes with the intent of beginning construction on four $2 million-plus townhomes in 2012.
“We think these will be unique residences with all the attributes of single-family homes plus the amenities of Edgemont Ridge and on-site property management,” Atira Group Vice President of Marketing Garrett Simon said.
Atira Group is pre-approved under its final development permit with the city of Steamboat Springs to build the two townhome buildings on a steep south-facing slope across the entry drive from the Edgemont Ridge condominium building.…
Gold Rush Camp for sale in North Routt County
Friday, December 16th, 2011 at 10:03am. 155 Views, 0 Comments.
There aren’t many places where an investor can purchase the entirety of a 19th-century Colorado gold-mining camp, but the historic hamlet of Columbine four miles north of Steamboat Lake is the real deal.
For $1.6 million, a buyer can obtain 35 acres of aspen forest, 14 furnished guest cabins, an active general store, barn, commercial kitchen, sauna building and a new bathhouse about 29 miles and 120 years from Steamboat Springs.
Each of the log cabins has its own distinct personality, from the tiny Honeymoon cabin to Burton, with its own bathroom and freestanding tub.
For people who want to escape the 21st century with its smartphones and all-knowing tablets, Columbine is well-suited to make the world go away.
Families…
Olympic skier honors Steamboat mentors with $250,000 gift to Colorado Mountain College
Monday, December 5th, 2011 at 9:43am. 91 Views, 0 Comments.
Ryan Heckman said he faced two problems when he drove in 1990 to Steamboat Springs in a white pickup. The 16-year-old aspiring Olympic Nordic skier had no place to live and no money to afford his education at The Lowell Whiteman School. But that all changed when he met Ed and Jayne Hill, who allowed Heckman to live in their country home rent free for six years while he strived to become the youngest member of the 1992 U.S. Olympic Ski Team.
“Having my own family, I know now what a big deal it was for them to take me in,” Heckman said last month. “They were role models for me, and they had a profound impact on my life. It nearly brings tears to my eyes to think about the situation. My life and the Steamboat community wouldn’t be the same without…
Hat shop and mulling spices business among new shops in Steamboat
Wednesday, November 30th, 2011 at 10:26am. 65 Views, 0 Comments.
Opening a commercial kitchen is no small challenge, but now that Fixins Kitchen is open at 135 11th St., local cooking instructors, caterers and food wholesalers don’t have to go through the brain damage.
Sandi Nelson’s and Heather Philmon’s bright and roomy kitchen in a historic building across Soda Creek from Creekside Cafe is available to rent for $15 an hour.
Fixins Kitchen is home to the wholesale cider mulling spices business Nelson and Philmon brought with them to Steamboat from Katy, Texas.
“We operated our business in Katy (outside Houston) for 20 years, and we have accounts with 700 stores nationwide,” Philmon said. “We came to Steamboat to ski, hang out and read books. But we sold more than 5,000 (units) last winter just at Artisans…
Economists speak at Realtors Commercial Alliance Conference
Wednesday, November 23rd, 2011 at 10:25am. 61 Views, 0 Comments.
(MIAMI, FL) -- "Don't bet against real estate" was one of the themes at a recent Realtors Commercial Alliance (RCA) conference this past week at the Biltmore Resort in Miami, a day-long event sponsored by the Miami Association of Realtors that focused on the current conditions of the U.S. commercial real estate investment and development marketplace.
According to the keynote speaker, Dr. Randy Anderson, the Howard Phillips Eminent Scholar Chair and Professor of Real Estate at the University of Central Florida, "many real estate market segments have started to strengthen; meaning that someone has already caught the 'Falling Knife' and investors should now be taking a hard look at making real estate allocations."
Anderson showed long-term relative strength of…
Ski Touring Center opens in Steamboat
Thursday, November 17th, 2011 at 12:57pm. 79 Views, 0 Comments.
The Steamboat Ski Touring Center’s Nordic trails based at Rollingstone Ranch Golf Course are open for the season with 4 kilometers (about 2 1/4 miles) of terrain. They opened on Wednesday, November 16th.
Available trails include the teaching area and the hilly out-and-back route on the Fish Creek Trail all the way to the tunnel beneath Steamboat Boulevard. For the time being, daily trail passes are a discounted $5. The trail has been groomed for both skate and classic style skiing.
“We had about 75 people out here (Tuesday) afternoon, and skiing was pretty good,” Birgitta Lindgren said. “There are some weeds showing through. We’ll begin teaching lessons on Saturday, and we’re looking forward to having the University of Wyoming (cross-country ski team)…
CMC Alpine Campus new building is going vertical
Friday, November 11th, 2011 at 10:33am. 70 Views, 0 Comments.
Standing on a top story deck of Bristol Hall on Wednesday afternoon, it was easy for Brian Hoza to point to the concrete outline of the stairways, elevator shafts, hallways and auditorium that will be part of the Colorado Mountain College Alpine Campus’ new 60,000-square-foot academic building.
Hoza, dean of student affairs for the Alpine Campus, also was able to point to a line of vertical steel beams that will reach up to the roof of the three-story building being constructed below him.
Construction crews on Tuesday started to erect the steel frame of what will be the front of the $18 million facility and are expected to finish pouring its foundation this week. Hoza, who attends weekly meetings about the building’s construction,…
Ski Steamboat, Winter Park and Aspen/Snowmass for $299
Monday, November 7th, 2011 at 10:34am. 91 Views, 0 Comments.
Three of Colorado’s most historic and celebrated ski towns have joined forces to unveil the new Colorado Triple Play featuring an unprecedented two days of skiing and riding at Aspen/Snowmass, Steamboat and Winter Park Resort during the 2011/2012 winter season.
The new Colorado Triple Play, which features two days at Aspen/Snowmass, two days at Steamboat and two days at Winter Park Resort, purchase online at www.ColoradoTriplePlay.com; and, at participating Colorado Front Range Christy Sports stores. The Colorado Triple Play will available for $299 for adults (13 & over) and $249 for children (12 & under) while supplies last.
Colorado Triple Play pass holders will discover majestic peaks, fresh powder and uncrowded terrain across nearly 10,000 acres, more…
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