Jackson Hole Real Estate News

8.3.09

If you didn’t get a chance to read the recent front page article in the Jackson Hole News & Guide about today’s market reality I have it in a PDF attachment if you wish to receive it.  Please email me.  There’s been some encouraging activity in the local market - Homes in Spring Creek Ranch and in John Dodge closed for nearly $6M and just over $5M, respectively. For the first time in 2009 we’ve had two months in a row with a lower quantity of new residential listings as compared to the same two months in 2008. Perhaps August’s totals will show three months in a row? Long-term confidence in Jackson Hole real estate has not disappeared, but with the DJIA showing signs of stability this could be partial reason for some recent positive activity.