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newsletter june 2012


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Can Real Estate Market Forecasts be More Reliable than Weather Forecasts?


After a fairly weak snowfall last ski season, all fingers were crossed for the 2012-2013 season... and it worked as near-record crowds over the Holidays were donning ear-to-ear grins while skiing on the eight feet of snow Steamboat received in December!  Once January hit, snowfall was minimal but ski conditions have remained good with the help of cool temperatures.  News reports have been touting Steamboat as having the best conditions in Colorado.  Meanwhile all eyes are on two Pacific storms that are supposed to head this way at the end of this week.

In just a few weeks the 100th Annual Winter Carnival will be held from February 6 through February 10.  To link to all of the festivities for this milestone event, click here. winter carnival shovel

As a followup to my last newsletter, you may recall I discussed the Trailhead Lodge Auction.  Kudo's to two of my clients who had winning bids!  One snatched up a very nice studio for $147,000 and another is closing next week on a two bedroom / two bath condo for only $367,500.  All but six of the 31 condominiums were sold.  Of the six there is one remaining studio that is now listed at $210,000 and the least expensive two bedroom is at $455,000!

The Market IS Turning!   
After compiling and evaluating data from the 2012 Steamboat Springs MLS,  2012 may go down in history as the beginning of the end to our Buyer's Market.

To find out what happened in the Steamboat Springs real estate market in 2012 and why I'm making such a statement, click here
january 2013 newsletter

While writing this newsletter it reminded me of meeting with numerous clients in 2005, 2006 and 2007 when I constantly heard "We should have bought years ago."  Well, I may be hearing that again in a few years.  


  Best Buys on the Market 


There are currently 1,700 properties listed for sale in the Steamboat Springs MLS.  The following are my personal picks.  Please remember I do not list properties for sale. I am an exclusive buyer's broker.  These properties have to earn their place on my Best Buy list.  Please give me a call and I'd be happy to further discuss their merits and how these properties deserve to be included in this elite group.  Together, we can develop an offer strategy to make one of them your Steamboat home.


Virtual tours are available for many of these properties,

so email me and I'd be happy to send you the link.


Golfer's Dream
Golf-in, Fish-out of this 6.49 acre lot ideally located between the 18th green of the Tcatamount gc lotom Weiskopf designed Catamount Golf Course and Walton Creek, with South Valley and Flattop Mountain views.  The clubhouse, golf shop and restaurant are only steps away.  The seller originally bought this lot in 2000 for $895,000 and has just reduced the listing price again by $10,000 to $549,000!  Current market values are in the 2005/2006 time frame, so this is a wonderful opportunity. 

Developer Looking for a Sale!
bear lodge I received a call from the developer of a newer, higher-end condominium project and he's looking to sell his next two condos at a substantial discount.  This is not a public offering and not in the MLS for all to know about.  He called me directly to see if I had anyone in mind.  If you are in the market for a brand new, fully furnished, 3br/3ba or 4br/4ba condo please email me and I'll be happy to share the details.

Live on Burgess Creek burgess creek foreclosure
Bank owned and priced to sell, this 3br/2.5ba, 2,332 sf home has a special mountain feel to it not only from its architecture and finishes, but also in its wooded, creekside setting  The home includes a newer kitchen, cathedral ceilings, hardwood floors, multiple decks and is only a few blocks from the ski area.  The physically fit can even walk to the slopes!  Priced at $524,900

Bank Owned Yampa View Condo
yampa view
If you're looking for a great starter condo, this 2br/2ba, 985 sf condo with excellent southwest views from a sunny deck may just be your ticket.  It needs a little TLC, but still a great value for the money.  Yampa View is popular as a primary, second or rental property.  The last 2/2 sold for $240k.  Listed at $179,000.

For the Horse Lover - Triple Diamond Ranch 
triple diamond Bank owned ranch in the Elk River Valley, includes excellent amenities such as a massive indoor riding arena, 5 stall barn with office, tack room and storage, another building with a heated shop/garage also with an office and bathroom, fenced pastures, livestock shelters and yes, two residences!  All on 72 acres for $1.25m.  An additional (and bank owned) 102 acres that adjoins this property can also be purchased.

These are a few of the wonderful opportunities that currently exist in Steamboat Springs.  I would be happy to conduct a personal search for you.  Please send me an email and you'll have properties to look over within 24 hours.

Who knows what 2013 will bring.  However, if the trends that occurred in 2012 continue in 2013 there will be fewer foreclosures, less selection and higher prices.


If you're interested in seeing what is currently available in the Steamboat market, please give me a call, toll free, at 877.970.8885 x101, or send me an email and I'd be happy to find the best properties that meet your needs.


Warmest regards, 


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Doug Labor, GRI, RRP, ABR, ABRM, CEBA, e-PRO
Buyer's Resource Real Estate of Steamboatbest of the boat
Exclusively Representing Buyers

Offering 30 years of experience to help you locate the best property that meets your needs.  I will assist in negotiating the lowest price and best terms, while looking out for your best no cost to you!