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Steamboat Blog

Tag: foreclosures

Home Ownership Drops Significantly for First Time Buyers

Home Ownership Drops Significantly for First Time Buyers Home ownership is down and the hardest hit are the young and first time buyers. In Steamboat Springs, we've seen two back to back years with over 300 foreclosures in Routt county. In 2011, 23% of the total transactions...
Posted in:
Buyers, Sellers

September Case-Shiller Mirrors Economic Woes

Even those that are usually the glass half-full type would have to tip the glass to see it half full in the latest September Case-Shiller Price Index report. The latest report, tracking through September, showed a drop in prices in 17 of 20 cities tracked versus August halting...
Posted in:
Buyers, Sellers

Mixed Report in September Routt County Real Estate Market

Mixed Report in September Routt County Real Estate Market As fall entered full swing, the Steamboat Springs’ real estate market continued its swing along its own bumpy ride with the number of transactions totaling the second highest all year at 140, but with gross dollar volume...
Posted in:
Buyers, Sellers

One Year of Shadow Inventory Projected for Colorado

One Year of Shadow Inventory Projected for Colorado While Steamboat Springs, Colorado has seen an increase in bank owned home sales, there’s a likelihood that bank owned home sales will be around for another year or so if the latest National Association of Realtors’ (NAR)...
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Buyers, Sellers

Does Steamboat Springs have Shadow Inventory?

Shadow Inventory – What is it and is it in Steamboat Springs, Colorado? We get a lot of sun here in Steamboat so shadows are prevalent. But Shadow Inventory in real estate has nothing to do with sunshine. Let me answer the second question first, yes it’s in Steamboat Springs,...
Posted in:
Buyers, Sellers

Pending Sales are Up in Steamboat Springs

Pending Steamboat Springs, Colorado Real Estate up. Six days ago a bright light flashed in my brain.  Real Estate in Steamboat was changing.  Not literally, but something was going on that made me draw a conclusion. I wrote a blog about the noticeable increase in activity...
Posted in:
Buyers, Sellers

Foreclosures in Steamboat Springs UP / DOWN

Foreclosures in Steamboat Springs UP / DOWN Typically, larger cities see the foreclosure rates increase months before the smaller areas like Steamboat see increases. And with that, larger metropolitan areas tend to rebound sooner as well. According to the latests foreclosure...
Posted in:
Buyers, Foreclosure, Sellers

Tulips and an update for the Steamboat Springs Real Estate Market

Tulips and an update for the Steamboat Spring Real Estate Market Over the last 3 months things have improved. Not in prices or values but in transactions. The more transactions there are the less inventory we have. And that means a little stabilizing of prices. But this has...
Posted in:
Buyers, Sellers

Best Value in the Steamboat Springs Real Estate Market

Best Value in the Steamboat Springs Real Estate Market Where is the best value for your hard earned money in the Steamboat Springs real estate market? Steamboat Foreclosures, bank-owned and short-sales come to mind for most buyers. There’s a mistaken perception among many...
Posted in:
Buyers, Sellers

Has Steamboat Springs Real Estate Seen the Bottom?

Has Steamboat Springs Real Estate Seen the Bottom? See the list of single family homes in Steamboat Springs over the last 8 months. The following list is of property activity over the last 8 months. These are single family homes in Steamboat Springs from the 1 - 3 million dollar...
Posted in:
Buyers, Housing Market, Sellers

It’s Cold Outside. Beware of frozen Foreclosures!

It's cold outside. Beware of frozen foreclosures! It's bitter cold in much of the United States. Uncharacteristically cold. It's cold where is live too. - 30 this morning. Yes, negative 30 this morning. And even colder tonight. But it's cold all winter here in Steamboat Springs,...
Posted in:
Buyers, Sellers

Case Shiller Down – Will we see a Double Dip Recession?

Case Shiller Down - Will we see a Double Dip Recession It's not a pretty report. 17 out of 20 major real estate market showed a deceleration in housing prices. And 9 markets: Atlanta, Charlotte, Chicago, Detroit, Las Vegas, Miami, Portland, Seattle and Tampa hit their lowest...
Posted in:
Foreclosure, Housing Market, Real Estate
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