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Steamboat Real Estate Analyst & Newsletter
Get the most in-depth analysis and data on the Steamboat Springs real estate market with my quarterly newsletter!
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(or a great deal in the 'Boat).
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Steamboat Skiing is
Right Around the Corner! |
Greetings!
Please accept my apology for not sending you my "monthly" newsletter since July! The past three months have been extremely busy here...in fact, many of our clients are finding the current market conditions the perfect time to make their move. As such, it is looking like 2011 will be a banner year for Buyer's Resource clients!
Not only has the Steamboat Springs real estate market been exciting, but so have been this summer and fall! Summer was highlighted by the USA Pro Cylcing Challenge. The immense popularity and media coverage of this event caught a lot of locals off guard, including myself. Spectator estimates for just the Steamboat leg (two days of the total five days) ranged from 5,000 to 40,000. To see how well Steamboat was showcased, and to get an idea of just how BIG this event was, click here, and make sure you watch the YouTube video. Steamboat was the ONLY town to host both a finish and start, and we were such a great host that there is now talk of its return next year!
Summer's late arrival to the Yampa Valley also pushed back the fall colors, and peak color occurred a full three weeks later than usual; to the second week in October. It just so happened we had a bit of snow at that same time, which made for a very picturesque landscape. In fact, two weeks later that snow is still sitting on the top of Mt Werner, so it may still be there for ski season!
Ski season is only a few weeks away, so I hope you're getting your skis tuned. The initial reports are that the la Nina weather pattern that graced Steamboat with near record-setting snowfall last year is coming back for a return visit this year. |
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Steamboat Skiing One of the Best
Ski Magazine's Reader Survey ranked  Steamboat #8 in North America!
"Small-town vibe and some of the country's best snow combine to make Steamboat a must-visit."
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Great Buys!
Here are some of the great buys I have helped clients close on over the past few weeks:
Paniolo Ranch - 35 acre ranch right in the middle of the South Valley and within 5 minutes of one of North America's most popular ski resorts. Originally listed for $3.6m, last reduction was to $2.25m, client bought for $2.155m, includes a 5,000 sf newer home, barn, pond, water rights and ooohhh the views!
 Steamboat Blvd - Beautiful in-town log home between the mountain and downtown. I helped these clients purchase a Steamboat Lake lot several years ago, and they were going to sell it after buying this home, but we thought we'd include the lot with our initial offer as a trade, and the seller took it! Bought for $1m.
Beautiful Alpine Vista Townhome - 4 br / 4.5 ba, 2,800 sf townhome on the bus route and direct ski area views. Sellers bought this property in 2008 for $965k, had it listed for $846,885 and clients (I also helped them purchase a condo back in 2006) bought for $730,000, or $115,000 less than list!
 Stagecoach Home - This well kept single family home was also purchased by clients I helped buy property before. 4 br / 3 ba, quiet, cul-de-sac locale with Stagecoach Reservoir and mountain views. Bought for $387,500, which is less than $140 / sf, and less than what the seller bought it for in 2005.
Give me a call (877) 970-8885 or email and I'll let you know if there is a great deal waiting for you. With the number of clients already owning property and upgrading to larger properties, there must be something they see...not only in buying opportunities, but also perhaps in service, which I am very grateful! |
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Steamboat Market Continues to Improve! I just completed my quarterly newsletter. I have seen several market cycles in my 28 years of resort real estate. And what I have experienced in those years I read about in Eco 101 in college: For prices to increase - First demand (purchase activity) needs to increase and supply (inventory, and in this market, foreclosures in particular) needs to decrease. To find out what direction these are taking in Steamboat, as well as what segments of the market have been affected most, click here. |
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Steamboat Best Buys
Foreclosure List Now Available!
Give me a call (877.970.8885 x 101) or send me an email for a list of all of the residential, land and commercial foreclosures currently on the market.
Quarterly Best Buy Picks Available!
 We just compiled our Quarterly Best Buys. Please click here to see where the hot deals are.
These properties are just a sample of some of the great buys in the Steamboat Springs market right now. Please let me know if you would like any additional information, or if you would like me to conduct a personal search for you. |
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Please feel free to give me a call (877.970.8885) or email to discuss any thoughts you may have on fulfilling your dreams of owning a Steamboat Springs property. The time may never be better!
I hope you will have an opportunity to visit and enjoy Steamboat this winter! And while you are in the area, please stop by to see our new office. We have received wonderful and encouraging comments from everyone who has visited.
Sincerely,
Doug Labor, GRI, RRP, ABR, ABRM, CEBA, e-PRO
Buyer's Resource Real Estate of Steamboat
Exclusively Representing Buyers
Offering 28 years of experience to help you locate the best property to meet your needs, then assist in negotiating the lowest price and best terms. Looking out for your best interests, all of the time, on all properties and at no cost to you! |
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