Blog Archive for March, 2012

A recent report by Joyce Rosenberg of The New York Times, with additional comments by Howard Pankratz of The Denver Post, cites improvements in the overall real estate market.  The report, presented on March 11^th of this year, details improvements in several markets around the country.  Factors such as the recent gains seen in the stock market, a slightly lower unemployment rate, a rise in the number of new jobs, have made buyers more secure about investing in a home.  Ron Thorne, a Denver real estate agent, was quoted in the article saying “We’ve had multiple showings of ...

Finally good news on the real estate front!  We are seeing very strong indicators for an improved real estate market here in Steamboat for 2012.  This has been especially evident in sales for properties priced below $400k.   Over 140 properties have either gone under contract or have sold in this price range since the beginning of the year.  This compares to only 63 for this time frame in 2011.  What we’re seeing is a reduction of inventory in this price range, and this has resulted in a shift from a buyer’s market to a seller’s market for ...