November 2012

There are 12 blog entries for November 2012.

The Friends Of The Chief Foundation has completed a very successful soft opening of the Chief Theater having completed a film festival held two weeks ago at the facility.  Board members and contractors worked feverishly to complete a re-decorating of the main entry lobby just in time to open the doors.  3 ski films were previewed by almost 175 residents who were thrilled to see the Chief offering a different venue.  A good time was had by all, and our last minute beer and wine permit helped make that possible.  It is the community's theater and the board and our members look forward to more exciting productions coming right after the first of the year.  We need volunteers and we need members to help us succeed so do not be shy.

Written by:  Jim Cook

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The Steamboat Symphony Orchestra (SSO) is a true community gem.  With 20 seasons in the Yampa Valley, the fruits of their labor are starting to mature.  Performances by two local prodigies last season who were trained at an early age by SSO Founder Mary Beth Norris and Concertmaster Teresa Steffen Greenlee illuminated the value of this non-profit organization.  Just as the Steamboat Springs Winter Sports Club raises up Olympians, these local musicians are raising up virtuosos.  An excellent opportunity to view the talent being nurtured is to make plans to attend the annual Holiday Concert, where young musicians will be featured as they perform side-by-side with professionals.

This year’s Holiday Concert will be performed on Saturday, December 1st at 7:00

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Outside Magazine has just named Steamboat the 6th best ski resort in North America, thanks in part to some new trails, lift upgrades, large terrain, and our mixture of lodging options.   And don’t forget the off mountain amenities such as the Strawberry Park Hot Springs, the great restaurants, the lively bars, and this years 100th annual Winter Carnival!  This amazing celebration with take place from February 6th-10th this year. 

 Conde Nast Traveler also named Steamboat one of the top 15 best resorts in North America.

Written by: Pete Wither

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The rest of the country is seeing signs of a broader real estate recovery and we’re not quite there…yet. So why do I believe this is an excellent time for real estate buys? Because when it does hit Steamboat, it will hit fast, probably twice as fast the national rate.

Consider a recent conversation I had with a client in Florida, a school teacher who plans to retire here in two years. He wants me to be on the look-out for a rural property in the $400-500,000 range. My position is that seldom in your lifetime do you see both interest and sales rates at such simultaneous lows. Coupled with a diminishing foreclosure rate and inventory, one year from now could easily be a $50,000 swing on a half-a-million dollar home. Better to buy now, rent for two years,

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  Silverleaf Financial announced this week that there will be a "Closeout Auction" on December 15th.  Trailhead Lodge is a Luxury Condo building in Wild Horse Meadows that is connected to the Steamboat base are by it's own gondola.  They were completed in 2009 and are in great to excellent condition. The floor plans are very comfortably sized and the style is mountain modern.  Each unit is furnished turnkey but could use some finishing touches to bring it from the feel of a very nice hotel room to a mountain home.    Silverleaf purchased the remaining condos in November 2011 sold 2-3 condos quickly then stalled due to their pricing.  It turns out they financed the purchase with short term debt and needed to hold an auction in April 2012. The auction…
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Someone asked me recently about how busy the real estate business becomes in the winter.  I think that it traditionally has slowed down, albeit condo and vacation properties will remain active and in some cases show an uptick.  Normally the slowing of sales leads to decrease in inventory and a few “cherry picked” sales from sellers who need to sell.  (Keep in mind that the new normal has become anything but normal, which is another topic altogether.) 

This week I picked up my ski pass for the 2012-13 season and I started to think about how fortunate we are to be in a place where no one dreads winter but instead gets really excited about it.  A hundred years ago it was a different story. 

Willa Cather was an author who lived and wrote about frontier

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Kyra Alexander and Matt Eidt have joined the Colorado Group Realty team. They are the newest associates to a group of more than 60 owners and fellow associates.

Alexander is a Colorado native, having grown up in Grand Lake. She earned a degree in experiential education and environmental science at Prescott College in Arizona. She has taught at Colorado Mountain College, guided with Steamboat Powdercats, coached mountain biking and has owned and operated a fire mitigation business in Grand County.

Eidt is a Mississippi native, graduating from the University of Mississippi with a degree in marketing and business administration. After spending two years traveling to places such as South Africa to study photojournalism; Ecuador, where he enjoyed a short

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While markets seem to be recovering in most major urban markets and markets with sand and water, the mountains are still slightly behind the curve. 50 years ago, everything in our country revolved around the steel and automobile industry.  Today it is housing and to a certain extent manufacturing.  It is my opinion that as the housing market goes, so goes the economy.  A recent study that I cannot lay my hands on stated that one new residential construction start was worth 100 jobs for all of the components that go into a new home.  With interest rates are still at record lows, there is not a better time to buy real estate. There is still time to buy your slice in the Rocky Mountains.

Written by: Jim Cook

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With most metro area markets “hitting the bottom” and many beginning to appreciate, Steamboat brokers are excited about the upcoming winter season. Not only are they hoping for plenty of snow, but they are anxious to see the new attitude that visitors will have regarding purchasing a piece of the “dream”. As metro markets recover, stability returns to the economy and the much anticipated election wraps up it seems likely that visitors will get back to purchasing that dream property in Steamboat.

Steamboat hasn’t lost its appeal and there could be considerable pent up demand as the real estate markets return to better days. Those who feel that way will enjoy a great opportunity to purchase at a highly discounted price, obtain financing at all time low

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THE CHIEF THEATER OPENS ITS DOORS FOR HALLOWEEN.  Almost 600 kids and adults made their way through the Chief Theater to the screams and howls of recorded Halloween sounds in all of the theaters.  Recently purchased by Friends Of The Chief Foundation, a Colorado not for profit company, Friends expects to have the facility open for live performances by Dec 1st with a CMC film festival scheduled for Nov 16.  Become a member by going on to our webstite.

Written by:  Jim Cook 


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