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
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…
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
Steamboat Springs has many great things to offer it’s patrons and visitors, but one comes to the front of the line and that is all the great breakfast restaurants. I’ve had the opportunity to enjoy those many times in my 11 years in town and I thought I should share my experiences with our readers.
Here is my Top 5 list of favorite breakfast restaurants in town:
1. Hands down the best place to go and visit and where I spend most of my eating out money is “Freshies”. The restaurant is located on the main highway running through town and it is on the left hand side as you drive from the Mountain Village towards Downtown but right before you get there. The restaurant offers a cozy atmosphere, friendly service and of course amazing food. They always use…
The 17th Annual Luxury Real Estate Fall Conference recently took place at the Fairmont Scottsdale Princess in Arizona. Colorado Group Realty received the Best Brand Integration Award. The award is given to the Luxury Real Estate member or company that consistently displays the Board of Regents and/or Luxury Real Estate logo and brand in conjunction with their company’s brand.
Who's Who in Luxury Real Estate and LuxuryRealEstate.com honors members and partners each year for their success and dedication to the industry. “We are a dynamic collection of international luxury brokers from various networking groups, companies and franchises”, states Chairman/Publisher John Brian Losh, “receiving an award from Luxury Real Estate is a distinguished…
Penny Fletcher and Marne Roberts, broker associates at Colorado Group Realty have successfully completed the Master Certified Negotiation Expert (MCNE) designation program conducted by the Real Estate Negotiation Institute (RENI). The MCNE program is the premier and most comprehensive negotiation designation progream in real estate.
The Master Certified Negotiation Expert (MCNE) program consists of training courses covering professional negotiation theory and techniques, as well as practical application to real estate negotiation situations. The Real Estate Negotiation Institute (RENI) is a member of the Harvard Program on Negotiation and researches negotiation literature around the world to bring the best possible training to real estate…
Ryan Serhant is arguably among the most recognizable Realtors in America thanks to his role on the Bravo cable network television show “Million Dollar Listing New York.”
Now, Serhant’s parents, Ellen and John Serhant, have their own million-dollar listing in Routt County. Their home on 11 acres in Creek Ranch, about 12.2 miles southwest of Steamboat Springs, is co-listed with Chris Paoli, of Colorado Group Realty, and Brian Smith, of Hall and Hall, for $2.4 million. And Paoli collaborated with Serhant on a marketing plan that resulted in a story and photos of Serhant being placed in the New York Daily News.
Serhant is one of three successful young Realtors featured in the reality TV show. He talked about it in an April interview with Nicole Inglis, of…
Despite a burst of acitivity in July, the pace at which foreclosure notices are being filed in Routt County suggests the final 2012 total will well below the 306 filed in 2011.
Public Trustee Jeanne Whiddon said Routt County is on track to see about 250 of the foreclosure filings technically referred to as notices of election and demand, or NEDS. They do not signify that someone has lot their property but rather that the holder of the note has begun the foreclosure process. Many NEDs are cured or withdrawn before the property goes to a bank sale.
Whiddon said the pace of new NEDs continued at about 20 per month through the first six months of 2012 before uncharacteristically increasing to 37 in July.
Year to date, there have been 166 NEDs filed,…
Dr. Lawrence Yun, the Chief Economist for the National Association of Realtors recently spoke in Steamboat Springs.
He discussed some national trends that speak well for a rebounding national real estate market in the next few years.
• The first six months of 2012 have been the best six months of activity based on pending contracts the
nation has seen in the last five years.
• New construction inventory has fallen to historic lows, which will drive up demand for new construction.
• America is one of few advanced economies that has respectable population growth, adding on average
3 million people a year.
• Household formation has lagged since 2007 as people live with parents longer, delay getting married,
or add additional…