Steamboat Springs Colorado Real Estate
New Listings for the Month of March
$26,500
Oak Creek
$245,000
Steamboat Springs
$397,900
Steamboat Springs
Two Beds, Two Baths
$295,000
Phippsburg
Real Estate Round Table
by Chris Paoli, Broker
Recently, I had the opportunity to hear Randy Rowe of Green Courte Partners speak at a real estate round table with some of Steamboat Springs real estate professionals. Mr. Rowe is currently the Chairman of Green Courte Partners, LLC, a private equity real estate investment firm focusing on niche strategies. The agenda for the day included home prices, U.S. gross domestic product and unemployment.
To begin the round table Mr. Rowe gave a 30 minute PowerPoint presentation, discussing the current housing market and economy. Some interesting statistics:
-The Case-Shiller home price index is up 4.8% from its bottom
-From the chart below you can see there is a big difference in the price drop for home prices in different areas. Areas such as Miami, Phoenix and Las Vegas show the greatest decline in values. This is primarily due to the extensive overbuilding and speculation.
Free Seminar March 5th
Colorado Group Realty brings Richard Evans of Stewart Title to Steamboat for a free seminar: Buying & Selling Distressed Properties in Today's Market. This free 1 hour session will take place on Friday, March 5th at Library Hall, at Bud Werner Memorial Library. Join us at 12 pm, lunch will be provided for all who attend.
Richard Evans is a District Manager for Stewart Title of Colorado and is responsible for operations in Weld, Larimer, Boulder, Jackson and San Miguel Counties. Mr. Evans has been licensed to practice law for 25 years in Kansas and Colorado. His practice focused primarily in the areas of real estate law and business litigation. He has previously represented clients with distressed real estate loans throughout the foreclosure process.
Call 970-870-8800 for more information.
What is the Market Doing?
The age old real estate question, especially in these times. We do know that in total volume the market was down in 2009 as compared to 2008 (see file below) but at the start of 2010 we are seeing an increase in showings and buyer inquiries. But to sum up the market in a nutshell, there are more sellers than buyers - a classic definition of a buyers market. Is now the time for you to make that dream home purchase in Steamboat Springs?
How Can We Help?
We hope you will find our web site to be a one-stop resource for your online real estate research. We're eager to tell you what we know about the local market for condos or homes, or preconstruction, or whatever is most interesting at the moment - that's where you'll usually find us! We delight in helping people succeed in this market, and when our clients come out of the transaction breathing that big sigh of relief, we're just as satisfied as they are.
So please, have a look around, and contact us with any questions you might have about the market or our services. No question is too mundane - we want to help!
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