Steamboat Real Estate Blog

An ongoing study by the Routt County Economic Development Cooperative compares Routt with nine like counties in Colorado (Garfield, Pitkin, San Miguel, Gunnison, Eagle, Grand, Chaffee, La Plata, Summit) and scored in the areas of civic, social, economic and enviornment livability. 

In 2010, Routt County ranked as the second most livable county of the ten comparable counties.  Garfield County was ranked only slightly better, primarily because of improvements in housing affordability in that county.  To view the entire report click here.

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Colorado Group Realty, the largest independently owned real estate firm in Steamboat Springs is pleased to announce the Excellence in Sales award recepients for 2010.  These awards are presented to agents who have demonstrated excellence in the fields of salesmanship and client service, as well as sales volume, during the past calendar year.  Colorado Group Realty is a member of LuxuryRealEstate.com, an international network of real estate professionals in more than 60 countries representing the finest residential luxury estates and property brokerages in the world.  "I am excited about the Excellence in Sales Awards for the Colorado Group Realty agents.  The awards are well deserved" said John Brian Losh, Chairman of LuxuryRealEstate.com. 

This year's

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The Colorado Group Realty Charitable Foundation awarded a total of $11,000 in grants to nine local organizations Thursday, March 10th at a gathering at the Tread of Pioneers Museum. This is the sixth distribution of grants totaling over $60,000 by the Charitable Foundation and is part of a continuous effort to support community-based programs.

This winter’s recipients are: Grand Futures, Habitat for Humanity, Howelsen Hill Centennial Campaign, Humble Ranch, Partners in Routt County, Routt County Riders,Steamboat Adaptive Recreational Sports, Summer Concert Series and Yampatika.The Colorado Group Realty Charitable Foundation was established in 2006 in order to provide a means to give back to the community. In addition to donations made at the time of real

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The county population increased 3 percent from 2007 to 2008.  Routt County was home to about 22,980 people as of July 1, 2008, compared with 22,302 in 2007.The area median income for Routt households was about $75,700 in 2008, according to the indicators.The Community Indicators report showed that in 2006, people leaving Routt County had an average household income of $47,462. People moving to Routt had an average household income of $63,376.The city of Steamboat Springs publishes its own population estimate each July.Routt County's 2008 population increase is larger than those of previous years. The population increased nearly 3 percent from 2006 to 2007, 2 percent from 2005 to 2006 and 1 percent from 2004 to 2005.

 

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Jobs. Some parts of the country were less affected by the recession than others. Prospective buyers should review job-growth data from the U.S. Bureau of Labor Statistics, at www.bls.gov. Unlike many backward-looking economic statistics, jobs data are only about a month old and can "clearly show the direction of the local economy," says Carolyn Beggs, chief operating officer of real-estate data provider Local Market Monitor Inc. The National Association of Home Builders also posts state and local employment data, at NAHB.com.

You also want to see a brightening personal-income picture for the previous six-month period.  Those numbers are available via the US Dept of Commerce's Bureau of Economic Analysis, at www.bea.gov.

Recent sales activity. Three

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Cash buyers represent a growing share of real estate transactions nationwide, and Steamboat Springs is no exception to the trend.The National Association of Realtors recently reported that 28 percent of all sales in 2010 were done without loans. Locally, Realtor Annamarie Shunny, of Colorado Group Realty, said 37 percent of all transactions recorded through the Steamboat Springs Multiple Listing Service were cash deals.“We’re looking at a very specific segment of the market,” Shunny said. “During this last recession, there were a lot of people who never lost money. Now, they’re coming off the sidelines.”Shunny had firsthand experience with cash offers in January. She represented Wells Fargo Bank in the listing of a foreclosed home at 693 Anglers Court that…
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This year's annual event presented by the Steamboat Springs Winter Sports Club is Building Athletes...Building Individuals.  Winter Carnival has something for everyone to enjoy: participate in or be a spectator of the racing, ski jumping, biathlon, the parade with SSHS skiing marching band, the street events, the Lighted Man or fireworks. 

Click here for the complete schedule of events.  We hope you can join us!

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Rand McNally's Tripologists report that the West is drawing more skiers than other areas in the US and Canada this season based on bookings.

Leading the pack is Lake Tahoe, CA with plenty of of slope activity.  Colorado multiple intriguing destinations, holding spots two through six. 

1. Lake Tahoe, CA

2. Steamboat Springs, CO

3. Vail, CO

4. Aspen, CO

5. Breckenridge, CO

6. Telluride, CO

7. Quebec, QC

8. Stowe, VT

9. Jackson Hole, WY

10. Whistler, BC

 

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Jon Wade, of Colorado Group Realty, told an audience at a business outlook breakfast last week that an increased number of foreclosures seems inevitable in 2011, but he also pointed out some more encouraging signs in Steam­boat Springs’ housing market.“Distressed properties will continue to define the market,” Wade said. “It will continue to consolidate, and short sales and foreclosures will increase significantly. It’s not pleasant, but the sooner we work through them, the better values will be — the longer foreclosures go on, the lower values will go.”His concerns about foreclosures were backed up by the latest statistics available from county government.Routt County Public Trustee Jeanne Whiddon said she expects January foreclosure filings, called…
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