Archive for the ‘steamboat springs home prices’ Category

New Listings Coming Soon!

Friday, April 6th, 2018

New Listings Coming Soon!

Here is a sneak preview of some of my new listings coming to the market within the next two weeks…

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Family getaway at Cross Timbers. Great location within walking distance of skiing, dining, shops.

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Endless possibilities await with this single family home in Old Town Steamboat. With 4 bedrooms, bonus room with kitchen, and 4 garage stalls, this move in ready home has great views and lots of sunshine!

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Architectural stunner in Strawberry Park. Nestled on 35 acres this home has seclusion, style and endless sunset views.

 

In the meantime if you’d like any further information on any of these homes give me a call – 970-846-6436.

Steamboat Springs, CO Market Report for March 2018

Thursday, March 22nd, 2018

Steamboat Springs, CO Market Report for March 2018

Get the latest news in the local market today!

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For the full lowdown on the Ikon Pass click here!

Thank you to the following companies for their valuable information:

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

Steamboat Springs Board of Realtors (click for February roundup)

Follow us at SteamboatsMyHome YouTube for a variety video blogs. 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!

Charlie

 

STEAMBOAT SPRINGS, CO MARKET REPORT FEB 2018

Thursday, February 8th, 2018

Steamboat Springs, CO Market Report for February 2018

Get the latest news in the local market today!

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Lets talk inventory!

Limited residential inventory has been an increasing issue since the end of the recession. With fewer homes for sale, competition for buyers is fierce, and homes spend less time on the market and prices are driven higher. Inventory shortages are becoming a national crisis and there is no single cause – and consequently no single solution. Here’s a look at some of the factors contributing to local inventory woes in a little more detail:


The migration slowdown. Americans are moving less than they have historically done.

  • - The widening price gap between starter homes and next level homes means that home buyers cannot afford to make the leap and upsize. The increase in housing costs and the equity built into inexpensive starter homes purchased years ago leaves would-be buyers at a loss. Thus home owners are staying put.

AT THIS RATE

Monday, February 5th, 2018

AT THIS RATE

Everything you need to know about today’s lending climate.

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In 2017, the news cycle felt more like a roller coaster ride with the daily barrage of ups and downs, but what about the real estate market? No one can deny the political climate has been unstable, but what’s on everyone’s mind (especially in the world of real estate) is: How is that going to affect mortgage interest rates?

The good news is that low interest rates remained stable last year. And while no one can predict the future, we caught up with local mortgage banker Kathryn Pedersen to take a look at trends in 2017 and what to think about in the new year.

The bad news first: interest rates are on the rise.
“The predication is rates will continue to rise this year. Nothing crazy, maybe .375 to maybe a half percent, depending on what happens with the economy,” Pedersen says. Still, that can add up over time, especially with larger mortgages.

STEAMBOAT SPRINGS, CO MARKET REPORT JAN 2018

Monday, January 8th, 2018

Steamboat Springs, CO Market Report for January 2018

Get the latest news and find out what is hot in the local market today!

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

Land Title Guarantee Company (click for full November report)

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

Steamboat Springs Board of Realtors (click for November roundup)

Follow us at SteamboatsMyHome YouTube for a variety of fun video blogs. 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!

Charlie

 

STEAMBOAT SPRINGS, CO MARKET REPORT DECEMBER 2017

Thursday, December 7th, 2017

Steamboat Springs, CO Market Report for December 2017

Welcome to our monthly Real Estate video market report!

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Talking Home Affordability. You hear that word a lot these days, but what exactly does it mean? Well in a nutshell, it means how much house can you afford. And this varies for everyone.

Some of the key factors in calculating affordability are:

  • - monthly income
  • - funds to cover your down payment and closing costs
  • - monthly expenses
  • - Existing debt
  • - Credit profile
  • - Ongoing costs associated with property in addition to the home price eg. HOA dues, etc.

Housing affordability is an increasing challenge throughout the country, not surprising when you see figures such as 6.2% average year over year home gains in September*. But how does this look in our little mountain town? The Housing Affordability Index  calculated by the Steamboat Springs Board of Realtors indicates that home affordability for YTD 2017 is quite a bit harder than the same time last year. A number of factors go into this calculation and in all honesty I don’t have the equation, but it is based on interest rates, median sales price and average income by county.

Steamboat Springs, CO Market Update November 2017

Friday, November 10th, 2017

Steamboat Springs, CO Market Update for November 2017

Welcome to our monthly Real Estate video market report!

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The real estate market in Steamboat Springs and Routt County remains strong. Limited inventory and strong demand in many areas of the market has created competition for new listings, consequently decreasing the number of days homes are staying on the market and creating favorable pricing conditions for sellers.

Federal interest rates remain unchanged this month however a rate increase is anticipated in December. So we may be seeing a bump in mortgage rates in correlation to this change should the forecast be accurate. Something to consider if you are looking to purchase in the near future, it may be worth your time to speak with your local lenders today!

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

Land Title Guarantee Company (click for full September report)

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

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!

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!

 

Steamboat Springs, CO Real Estate Report

Monday, August 14th, 2017

Steamboat Springs, CO Real Estate Report

Join us for a lively discussion about the local real estate market!

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

Land Title Guarantee Company (click for full June report)

Steamboat Springs Board of Realtors (click for full July Report)

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

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!