December 2012

There are 5 blog entries for December 2012.

Well after a dry start to the season, Mother Nature is smiling a broad grin on Steamboat Springs. It all started with a strong winter storm system that came through northwest Colorado on the weekend of the 8th & 9th of December, allowing enough coverage to start opening runs that are not covered with manmade snow. Then after a few days of Colorado sunshine on Thursday last week it began to dump snow on Mt. Werner and it has not stopped! In the past 24 hours the Steamboat Ski Area has received 8” of new Champaign Powder; 13” over the last 48 hours; and the forecast is for another 8” to 15” today with another 1 to 2 feet on Tuesday. Winter is here and it is great.

 

With many direct flights to Steamboat from cities such as Chicago, Atlanta, Houston,

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Starting bids are 75% off of original pre-construction pricing from 2007.

-Studio/1 bath minimum $95,000

-1 bed/1 bath $150,000

-1 bed+ den/1 bath $175,000

-2 bed/2 bath $250,000

2 bed+den/2.5 bath $295,000

Trailhead Lodge is located  link is near Wildhorse market place for shopping, theatre, restaurants and more. Out the front door is a gondola that whisks you to the base of Steamboat Ski Area. These condominiums are elegantly decorated featuring hardwood flooring, granite counters, and large decks offering spectacular views of the Steamboat Ski Area and Yampa Valley. 

Projected rental incomes, HOA information and estimated taxes for 2012 can all be found here.

See the views from select units slated for auction this December 15th, 2012.

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More and more good news is building for the real estate industry. Recent lending rates went back down to the all time low point. We are seeing 30 year mortgages just above 3% and 15 year loans below 3%. Bank experts are forecasting that these rates will not move upward in the short term. Also, there seems to be a noticeable reaching out by banks to say they are looking for loans and getting back into the business again. We’ll see if that is really the case!

 

More metro areas are reporting upward growth in home prices. Along with that news we are seeing more demand for newly constructed homes. As reported this week on the world news – inventory of homes for sale is lower than it’s been for 15 years. Also, the value of homes nationwide is up 6.4% from

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This year marks the 50th anniversary of the Steamboat Ski Area. Fifty years ago Jim Temple, son of a local ranching family, spearheaded the development of the Steamboat Ski Area in response to the growing popularity of the sport. After a brief start, Storm Mountain officially reopened January 12, 1963 with a double chairlift and an A-frame warming house. The day’s total cash receipts were $13.75 and the temperature hovered at -25 degrees Fahrenheit. Last Tuesday Chris Diamond, CEO of Steamboat Ski & Resort Corporation, visited the Steamboat Springs Board of Realtors and presented  all the great things going on in Ski Town, USA this upcoming anniversary ski season. Here are some highlights from his talk.

Steamboat’s 50th Golden Anniversary Celebration

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 With the Steamboat Ski Area opening just recently, I can’t help it but get really excited about the upcoming winter season.

If you like fresh powder snow and tree runs, our mountain is hands down the place to be.

 

Here is a short list of my favorite ski runs…and I’m going to go ahead and categorize them for intermediate & advanced skiers only.

 
  1. Hands down the best run on the mountain for me is “No Name Chute” of the Morningside Park area. Steep grade, trees perfect distance from each other and a big open meadow at the base. When starting the run, stay as close as you can to the rope dividing “No Name Chute” and “North Saint Patrick’s”. The only problem with this run is…that it’s too short. I would only recommend on a day with fresh overnight snow.
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