6.21.10

~Comedic Moment~  The follow are real MLS entries from around our fine country - Enjoy!

“Big tard out back.”

“Hug garage”  

“Souring ceilings”

“Zoned for 2 swellings”

“Newly stained bedroom”

“Seller admits to old & bad plumbing.”

“Seller got new wiring he thinks”

“House vacant, call for eazy abcess” 

“Must be linder approved”

6.9.10

The numbers speak for themselves: Jackson Hole has 12%+ less listings on the active market than one year ago.  According to the MLS data, about 5.5% of the active lists are distressed (short or bank-owned). Of the quantity of sales in Jackson Hole in 2010, YTD, only about 13% have been classified as distressed. There were no (zero) new foreclosures on the Teton County list this past week.

6.7.10

Teton County Assessed Values & Real Property Taxes - According to a recent article in the JH Daily, the assessed value of our real estate should decline about 11% from 2009. I know many whose estimated property taxes changed very little from ‘09 so please pay attention to your 2010 assessment notice that arrived recently on yellow paper.  Any resident may dispute their ‘10 assessment; call the Assessor at 733.4960 or pay a personal visit to their office on Willow St.  It would help the cause if you have real comparable sales (3+) to defend your position. The month of August will be when you receive your 2010 Tax Bill from the TC Treasurer, for partial payment in November, 2010, or full payment by the end of the calendar year.