FREE Jackson Hole Ski Day!

Jackson Hole Mountain Resort has been voted number one ski resort by SKI Magazine, and in celebration President Jerry Blann is saying “thanks” with a free ski day.

SKI Magazine’s survey, now in its 26th year, provides an annual snapshot of the Top 50 resorts in North America. Readers rank resorts in 20 different categories from snow and lifts, to dining and service. Jackson Hole earned the top spot this year, as well as Top 10 rankings in a wide range of areas, from Challenge and Character (both # 1’s) to Lodging (# 3) and Service (# 7).  For a mountain never known for extensive grooming until the recent “All New All Blue” initiatives, Jackson Hole ranked #19 in grooming this year. “Jackson Hole has done as good of a job as any resort in recent memory of expanding its appeal to a wider audience, now offering a remarkable experience to skiers of all talents and tastes,” Greg Ditrinco, Editor of SKI Magazine says.

…as if we didn’t already know.

Enjoy these Five Secret’s to Skiing Jackson Hole

Jackson Hole Title & Escrow

Foreclosure facts in Teton County courtesy of JH Title & Escrow

Jackson Hole Title & EscrowJackson Hole Title & Escrow has compiled some basic facts on the basics of foreclosures and how the process works in Teton County.  While the Jackson Hole real estate market is fortunate to be uniquely different than those in major metropolitan areas, it is unfortunately not immune.

If you have been considering the purchase of a foreclosure, you can get detailed answers to basic questions as well as view a link to a current list of foreclosures from the Teton County Sheriff’s Office.

  • Learn the difference between a foreclosure and a short sale.
  • Familiarize yourself with how the Power of Sale foreclosure process works locally.
  • Know what approach to take if you find a foreclosure you’re interested in buying.
  • Read about the financial responsibilities associated with purchasing a foreclosure.
  • Determine if shopping for a foreclosure is right for you.

Get answers to these questions and view a current list of foreclosures by viewing the Foreclosure Facts report courtesy of our friends at Jackson Hole Title & Escrow.

Jackson Hole Title & Escrow
255 Buffalo Way / P.O. Box 921
Jackson, WY 83001
P: 307.733.3153
F: 307.733.9534

Mid-Year Hole Report for 2010

The mid-year Hole Report is out and available. I’ll be emailing it to my newsletter list by tomorrow. Please sign-up online or email me and I’ll add your email address to the confidential list of recipients.

Here are a few quick facts from the most recent Hole Report:

  • Single-family homes sales are up 79% from 2009.
  • 58% of the 2010 transactions have been cash (no financing)
  • Single-family home inventory is down 4% compared to 2009

Number of transactions suprass prior years 3 quarters in a row.

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.

Jackson Hole Home Sales Review – June 2011

Jackson Hole Market through June, 2011.
Through 6/30/11, the quantity of sales are up 24% vs. same time last year. The dollar volume is up about 10%, about $260M, through June. The average sales prices are down about 11% through June.

7/22/11

Flood watch/travel closure.

JH Heads-Up:

1. Flash Flood Watch in JH until dark tonight.

2. A brief travel closure will be in effect on the unpaved section of the

Moose-Wilson Road within GTNP for about 28 hours,

beginning at 4 a.m. on Wed, July 13. The road is scheduled to reopen

by 8 a.m. on Thurs, July 14, barring equipment malfunction or rainy

weather. The temporary closure is scheduled to accommodate dust abatement

work.

7/12/11

Brochure

http://www.jhreassociates.com/Brochure.htm

Here’s the link to JHREA’s new Catalogue of Fine Properties.

7/7/11

Jackson Hole Home Sales Review – May 2009

The month of May has brought more new listings to Jackson Hole. There’s been an uptick in showings/activity with a few more pending sales to come. Overall, the sellers who have been waiting to sell are being successful with recent price reductions. The theme for most buyers today is to look for the right seller and the right ‘deal.’ 

There have been a number of Teton County, WY Foreclosures that have gone to auction; however, eleven have resulted in no sale. Select properties will continue to come down in value as we move forward in 2009. 

Today, there are 188 vacant sites for sale in Jackson Hole and 300 single family homes.

Early summer brochure coming soon.

Jackson Hole Real Estate Associates captures 52% (per internal audit of agent transactions) of the market in first 100 days of 2009. Overall volume in 2009 is still significantly down from the same time in 2008. The new locally owned and operated firm is poised for a successful year with a new brochure coming early summer, the most comprehensive database in the industry and the best group of professional agents under one brokerage.

Buyers finding great deals despite slump in sales.

The MLS data shows a consistently slow real estate market in Jackson Hole, but there are many other deals happening outside of the reported database. Buyers with cash are finding great deals and realistic Sellers are able to sell successfully. Please contact me if you’d like an opportunity to learn what’s occurring in this underground market as I am aware of many properties for sale outside of the MLS.