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Steamboat Blog

Tag: foreclosures

Buying Foreclosures or Bank-owned Properties: Buyers Beware

Buying Foreclosures or Bank-owned Properties: Buyers Beware Steamboat Springs in not immune to foreclosures. In fact, they are a huge part of what’s setting values here in Routt county. Today, January 22, 2011, there are 53 bank owned properties today and 53 short-sales. As...
Posted in:
Buyers

Real Estate Changes Heading into 2011 – I Love What I Do

Real Estate Changes Heading into 2011 - I Love What I Do Real Estate changes heading into 2011, just like the 90's where we saw technology exploding and really changing the course of our daily lives: amazon, Ebay, e-commerce, information, etc. Today in real estate that change...
Posted in:
Buyers, Sellers

Aspen, Vail, Breckenridge Real Estate Recovering

Aspen, Vail, Breckenridge Real Estate Recovering There’s no doubt, Colorado resort real estate has been riding a roller coaster. Long ups and long downs and now it appears as though areas like Aspen, Vail and others, and maybe even Steamboat Springs real estate is approaching...
Posted in:
Buyers, Housing Market, Sellers

Home Prices Flat in U.S. / Steamboat Springs Flat

According to CNN money report, U.S. home prices fell 2% in the third quarter after having gained steadily since early 2009. The Case-Shiller Home Price index, the barometer for U.S. home prices, has seen a steady, albeit slow increase in real estate prices over the last few...
Posted in:
Buyers, Foreclosure, Housing Market

Buying Real Estate in Steamboat Springs? 5 Deal Breakers to Avoid

Buying Real Estate in Steamboat Springs? 5 Deal Breakers to Avoid Buying real estate in Steamboat Springs, Colorado? Purchasing real estate can be a complex endeavor for even the most well prepared buyers. You’ve followed the market, identified some properties, saved for a...
Posted in:
Buyers, Real Estate

Who is Buying Real Estate in this Market?

Who is Buying Real Estate in this Market Who is buying Real Estate today? Steamboat Springs real estate transactions are not that much different from what is bought and sold in the rest of the country. A recent study was conducted last September by the Campbell/Inside Mortgage...
Posted in:
Buyers, Sellers

One Steamboat Place is in Foreclosure

One Steamboat Places, the new development right next to the gondola, the place that was going to transform the base area, is now struggling too. I can’t say I’m surprised at the turn of events, there’s been talks for months regarding their debt and lack of sales. But it...
Posted in:
Foreclosure

How Foreclosures Work in Colorado

How Foreclosures Work in Colorado The foreclosure laws vary for each state. Needless to say it's a lengthy and costly process. And because it takes so long, many home owners live in their home for months, if not years without paying their mortgage. This practice is not such a...
Posted in:
Buyers, Sellers, Uncategorized

Foreclosures Accounting for around 19% of Total Sales

Foreclosures Accounting for around 19% of Total Sales The rate of foreclosure properties is dramatically different throughout the U.S. these days. Many cities are seeing a dramatic decline of foreclosures and thus seeing and leveling off of prices if not a small increasing in...
Posted in:
Foreclosure

Steamboat Springs Real Estate Market Report

Steamboat Springs Real Estate Market Report Similar to the Case-Shiller Home Price Index, the Steamboat Springs real estate remains relatively flat. But not flat in comparison to last year. The activity in volume and transaction is up significantly from 2009 and 2008. Another...
Posted in:
Buyers, Housing Market, Sellers, Steamboat Market Reports

Green light again for B of A on Foreclosures

Stemming from this post just last week where several major banks halted their foreclosure proceeding, "Red Light / Green Light Foreclosures" today, Bank of America has resumed their process in 23 states. A rather quick audit revealed no errors. Bank of America resumes foreclosure...
Posted in:
Foreclosure

Foreclosures: Red Light / Green Light – How it Hurts Steamboat Real Estate Values

Foreclosures: Red Light / Green Light - How it Hurts Steamboat Real Estate Values It's all in the news: Major banks halting foreclosures. The real estate values in Steamboat Springs are being effected by foreclosures. Without a doubt, values are dropping when bank owned properties...
Posted in:
Foreclosure, Housing Market
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