Archive for the ‘Real Estate’ Category

HOME HEATING 101

Friday, October 13th, 2017

Home Heating 101

Home heating is likely the largest energy expense in your home, accounting for about 45% of the average American family’s energy bills. Especially in a place like the Colorado mountains where snowfall can happen at any time and snow is our faithful friend. Making smart decisions on your heating can help you significantly cut your heating costs, and the Energy Saver infographic below from energy.gov is a great place to start:

 

STEAMBOAT SPRINGS, CO REAL ESTATE REPORT & Building Boom

Wednesday, October 11th, 2017

Steamboat Springs, CO Real Estate Report for October, 2017

Click below for the latest Market Report brought to you by SteamboatsMyHome!

Screen Shot 2017-10-11 at 3.25.50 PMThe real estate market in Steamboat Springs continues to be strong. Primary residences are the area where were seeing the most activity. Low inventory and a strong demand has fueled prices to raise. As we head into ski season, we’ll see a transition from primary homes and town homes to more activity around second homes and ski area properties.

Thank you to the following companies for providing some of the statistics discussed:

Land Title Guarantee Company (click for full August report)

S&P Core Logic Case-Shiller Home Prices Indices (click for latest figures)

Steamboat Springs Board of Realtors (click for August roundup)

Tune in next month for another fun discussion. And if you have any real estate questions you’d like answered send me a text or email - 970-846-6435 or charlie@steamboatsmyhome.com

See you next time!

A SMARTER RADON DETECTOR

Friday, October 6th, 2017

A Smarter Radon Detector

If you regularly read my blogs or have purchased real estate in Routt County, you probably know that radon levels are high in more than half of all homes here. Higher than the EPA recommends and higher than is safe for you and your families long term health (radon is considered to be the second leading cause of lung cancer in the US today!).

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*Image courtesy of www.airthings.com

If you don’t, then lets catch you up on the nitty gritty of radon. Radon is an odorless, colorless, tasteless radioactive gas that comes from the natural breakdown uranium in the ground. Trace amounts of uranium are located all around us, and therefore so is radon. Which just happens to be highly toxic. Outside in nature this gas is dispersed enough that our body can react accordingly. However when radon seeps into your well insulated, well sealed home, it essentially becomes trapped and concentrated in the air you breathe. Click here for more information on radon in your home.

Steamboat Springs, CO Real Estate Report

Monday, September 11th, 2017

Steamboat Springs, CO Real Estate Report

Market Report Video Blog 2! Check it out here:

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Thank you to the following companies for providing some of the statistics discussed:

Land Title Guarantee Company (click for full July report)

S&P Core Logic Case-Shiller Home Prices Indices (click for latest figures)

To find out more on the Outlaw Mountain Coaster go to www.Steamboat.com or find Steamboat Resort on Facebook!

Tune in next month for another fun discussion. And if you have any real estate questions you’d like answered send me a text or email - 970-846-6435 or charlie@steamboatsmyhome.com

See you next time!

 

That Place Where The Locals Roost

Thursday, August 10th, 2017

That Place Where The Locals Roost

Every town has that neighborhood, that development that people flock to and becomes knows as “a locals favorite”. Steamboat Springs has a few of them, but perhaps the most well know is Mountain Vista. Let us explain why:

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Just Listed: 777 Mountain Vista Circle

Nestled on a quiet hillside between the Steamboat Ski Area and downtown Steamboat Springs, is a quiet and friendly neighborhood known as Mountain Vista.

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This collection of townhomes was quickly considered to reflect the quality and style that the locals desired, affordability, as well as the ultimate in convenience. The free City bus travels past the entrance and for the dog friendly or athletically motivated, Rita Valentine park is an easy walk.

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And now you too can get in on the towns worst kept secret. Just listed is 777 Mountain Vista Circle. Located on the uphill edge of the neighborhood, the light is abundant and the views are pretty.

It’s Official! The Steamboat Ski Area Has Sold!

Monday, July 31st, 2017

It’s Official! The Steamboat Ski Area Has Sold!

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According to a story released Monday by the Steamboat Today, the sale of the Steamboat Ski Area, as part of Intrawest Resort Holdings, is now final. The new joint venture of KSL Capital Partners and Henry Crown and Company (HCC) will combine Squaw Valley Ski Holdings, KSL, Intrawest and Mammoth Resorts into one company with a total of 12 mountain resorts.

The new entity’s resorts include ski areas in Colorado (Steamboat Ski Area and Winter Park), California (Squaw Valley, Alpine Meadows, Mammoth Mountain, Snow Summit, Bear Mountain and June Mountain), Canada (Blue Mountain in Ontario and Mont Tremblant in Quebec), Vermont (Stratton Mountain Resort) and West Virginia (Snowshow Mountain Resort).

Outside the Box – William Krisel

Tuesday, June 6th, 2017

There is no creativity without vulnerability. And in the 1950′s William Krisel saw a need and filled it with thousands of happy home owners. William Krisel, a pioneering architect who brought his vision of modernism to Southern California tract housing, died Monday at age 92.

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Krisel was a pioneer in what we call today, MCM Mid-Century Modern architecture. Krisel’s timeless, modernist approach to design, reproduced in more than 30,000 tract homes, condos and custom residences throughout Southern California and 10,000 living units elsewhere, progressed the style of low-profile dwellings that relied on nature’s landscape as much as walls and glass to set an aesthetic.

This type of building worked well in warmer climates back in the 50′s, 60′s and 70′s. Ton of glass and open spaces. Today, you can build this way in colder areas like Steamboat Springs but you need to be keenly aware of insulation values and superior heating. But the end result is fabulous.

2 Homes, 2 Styles, 1 Creek

Thursday, April 13th, 2017

2 Homes, 2 Styles, 1 Creek – Ready for 2 Buyers!

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In a quiet street just a short stroll to the Steamboat Ski Resort is Cascades at Eagle Ridge. An enclave of townhomes where you can enjoy privacy or conversation, where you can walk or bike to ski instead of drive, and where you can enjoy life all four seasons of the year. And with little turnover of home ownership, the time is now – we have just listed 2 very different styles of homes at Cascades. So sit back, imagine the soothings sounds of Burgess Creek, and enjoy the tour
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Rainier #2  - $629,000

4 Bedrooms 3 Bathrooms 2 Car Garage

 

Click to view Cascade #2 video

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Click to view Cascade #2 Photo Gallery

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Take a private home tour with 3D!

Click to take a private home tour in 3D!

View Full Cascades #2 Listing

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Steamboat Springs Absorption Rate Shows Healthy Market

Thursday, March 16th, 2017

Steamboat Springs Absorption Rate Shows Healthy Market

Absorption rates are a strong indicator in determining the health of a Real Estate Market. For those of you who have heard us use this term but aren’t sure what it means: absorption rate is defined as how many months it would take to sell all the homes currently listed for sale, at the current rate that homes are selling.

A healthy real estate market is 5-7 months worth of inventory e.g. if there were 60 homes listed for sale and on average 10 homes sold per month, the absorption rate would be 6 months. An absorption rate much less that this would suggest a sellers market (demand exceeds supply, higher prices) while a rate much greater indicates a buyers market (surplus supply, greater negotiating power).

In Steamboat Springs the absorption rates have shown some fluctuation, but the latest figures indicate a healthy market overall:

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Choosing the Loan that’s Right for You

Monday, March 13th, 2017

Choosing the Loan that’s Right for You

Buying home is one of the biggest decisions, and more likely one of the biggest financial obligations that you’ll make in your life. Add in getting a mortgage… it’s exhausting to say the least. Now whilst interest rates and lender offers fluctuate, here is some information which might help narrow down what style of mortgage might be right for you:

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30 Year Fixed Rate Mortgate. This tends to be the most popular loan choice, particularly if one plans to live in the home long term (10+) years. You’ll probably pay a higher interest rate but it removes the uncertainty of what your payments will be each month.

15 Year Fixed Rate Mortgage. If you can afford higher monthly payments this may be a good choice for you. You have the same security of a fixed loan rate but you can typically qualify for a lower interest rate and consequently pay less over the life of the loan.