10.8.09

There have been many new pending sales recently, included in MLS and outside MLS. The most notable recent sale was for a single family home on the westbank somewhere between $12M and $15M - the transaction was undisclosed.

Foreclosures: Most local foreclosures have not captured a bidder.  A local banker just provided a study showing that the Jackson Hole foreclosure rate, on a per Deed basis, is about 3.1% of the national average.