4.23.10
- Short Sales - Yes, there are many of them occurring around the country and even in Jackson Hole. Short Sales are when an owner/seller owes more to their creditor(s) than the property is worth on the open market. Another way to phrase it; it’s when the net proceeds from a sale do not cover the amount of funds the owner/seller owes to the bank(s) and subordinate lien holders.
There’s one in JH scheduled to close today and it has five liens recorded against the property. All of the liens have been negotiated and will be released at closing, so that the Buyer can hold title the property, free and clear of any monetary encumbrances.
Uncategorized | Bomber | 
April 23, 2010 7:32 pm | 
4.9.10
Spring Breakers are still out of town and it’s quietin JH this week. Late season snow storms have provided some of the best skiing of the year in the last ten days. Grand Targhee extended their season to 4/18/10 and the Jackson Hole Mountain Resort is now closed until the 2010-2011 season. New real estate activity has been slight in the last two weeks, but look for new listings and some great bargains in the near future.
Uncategorized | Bomber | April 9, 2010 5:53 pm |
3.26.10
There’s been some good activity in Melody Ranch lately. For the past few years there have been between 12 and 18 single family homes on the market at any point in time, and the absorption has been quite healthy in this neighborhood. The most motivated sellers are being successful, as expected.
Uncategorized | Bomber | 5:47 pm |
2.20.10
There are have been some fantastic sales in Jackson Hole in recent weeks. Although the common trend is supporting decreasing real estate values across the board, there have been sales in John Dodge and HHR Ranch that have bucked the trend, giving the Gold Medal and top podium spot to the Seller. With interest rates looking like they are on the rise and the pending reality of Capital Gains taxes increasing, more deals are getting done as 2010 seems to be the best choice to buy and sell.
Uncategorized | Bomber | February 20, 2010 8:33 pm |
1.31.10
The Jackson Hole real estate market is tracking for its fourth quarter in a row of increased transaction numbers. 2009 ended up with about 225 total deed transfers in Teton County, WY. It’s likely 2010’s numbers will be considerably higher, indicating great values from the banks and more sellers who are motivated to sell.
Uncategorized | Bomber | 8:27 pm |
1.14.10
Three Quarters in a Row! We have now seen three Q’s in a row where the transactions numbers in Teton County, WY, surpassed the same quarter the previous year. This is a superb harbinger that the JH real estate market is heading in a good direction. Recently, a lovely home in HHR (listed for $4.995M) went under contract, a Teton Pines Cluster home sold and there are more than usual Buyers circling for the next great deal. REAL ESTATE INTELLIGENCE in Jackson Hole is imperative so make sure you check with me to learn about the best short sale or the seller who’s authorized me to share their motivation with serious prospects.
Uncategorized | Bomber | January 14, 2010 10:15 pm |
12.22.09
Jackson Hole Foreclosures: Teton County, WY (JH) has now seen 46 real properties revert back to the banks in 2009. There’s been little success at the foreclosure sales where buyers have the opportunity to bid on real property. I have up to date information on FORECLOSURES and existing SHORT SALES in the area so contact me for the latest information.
Uncategorized | Bomber | December 22, 2009 10:06 pm |
12.18.09
Teton Village Update:
Great news…the new Aerial Tram will be opening tomorrow as well as the Sublette and Thunder chair lifts. The Gondola opened yesterday and the Casper chair opens today to allow for many more choices for the upcoming holiday season.
There’s a PUBLIC OPEN HOUSE today in Teton Village from 10:30-2:30. About 30 homes and condos will be available for viewing. There are some great deals in Teton Village this season.
Uncategorized | Bomber | December 18, 2009 3:39 pm |
12.12.09
More snow expected all weekend! There are lots of bodies buzzing around the Village today in hopes of finding some softer snow on the mountain.
Motivated Sellers- there is a supply of motivated sellers in the Teton Village market. Annual absorption has been low and there are some great deals. Search the MLS on my site and look at specific properties. If you’d like a short list of the hottest options, please email or call and I’ll provide the best options today.
Teton Village- There’s an A+ residential vacant lot available that might be the last and best ski-in/ski-out site left in Teton Village. There’s a very private single family home listed at $29M and it’s truly one of a kind for location and size. There’s a prime location commercial redevelopment building for sale at $16.5M. Some of the condo/hotel properties have traded recently in the $900-$1000 per square foot range.
Uncategorized | Bomber | December 12, 2009 7:08 pm |
12.11.09
It’s snowing in Teton Village! Our company’s new office location at the Village Center is up and running and decked out with all the best tools in the business. Wyoming as a whole is fairing very well in real estate. There are only four other states in the country that have fewer foreclosures (Q3, 2009) and Wyoming is one of only six states that are trending toward even fewer foreclosures moving forward. This is great news and it correlates with the activity we’ve seen lately in the Jackson Hole market.
Uncategorized | Bomber | 6:52 pm |
