Posts Tagged ‘Steamboat real estate report’

Steamboat Springs Real Estate Report

Tuesday, September 30th, 2014

Steamboat Springs Real Estate Report

Each month I report the latest local real estate market data and the current national home price levels, but why? First of all, I recognize that real estate is the biggest investment we will make in our lives; therefore, we should understand it before sinking our life’s savings into it. Advising clients on their real estate investments is a very important part of my job and one I take very seriously.

Secondly, with the real estate crash a few years ago we have become hyper-aware of investments and┬áhome values. So much of our consciousness is fueled by the appreciation or depreciation of our home’s value. By watching the real estate market we have a better understanding of when to invest and when to sell and we begin to trust the ebbs and flows of the market.

Steamboat Springs Real Estate Report

Friday, May 30th, 2014

Steamboat Springs Real Estate Report

Home prices both nationally and locally continue to  rise at a slow and steady rate. Studies show that consumer confidence is growing, and recent surveys show that vacation-home sales are increasing. All of these factors bode well for a resort market like Steamboat Springs and for all real estate in Steamboat, Colorado.

Our housing market tends to lag behind larger cities like the ones studied for the S & P Case-Schiller Home Price Index. Cities like Chicago, Houston and Denver are considered feeder markets to Steamboat Springs since there are direct flights to/from these cities we see a fair number of second-home buyers from these areas. When we see good reports about their housing markets, along with greater consumer confidence, we can infer that our real estate transactions are going to pick up, and so far they have.