How’s the Market? Predictions for 2019

In 2018, the new tax law, formerly known as the Tax Cuts and Job Act, made several major changes which affect property owners. Navigating the changes can be onerous, so we have simplified the basic rules for primary residence, vacation home and rental pro

As the end of the year quickly approaches, it’s becoming more clear that the Steamboat seller’s market we’ve grown accustomed to is now slowing down.

Sellers have been in control in most housing markets across the country for a solid four years. Escalating prices and inventory shortages have become the norm. But is the balance of power finally starting to shift to buyers? Data from other markets clearl

Home values have been appreciating steadily in Routt County in a handful of market sectors and we are constantly asked what the driving trend is. In short, demand outweighs supply and the influx of people choosing to call Steamboat Springs home keeps risi

As many areas around the country are reporting slowing real estate sales, August in our area was heating up! The $76M in closed sales in August was our biggest month for volume in over a decade; this moves us to $390M year to date, up 6% from this time la

Brynn Grey Partners, a Boulder based investor/developer group, is edging closer to an annexation agreement with the City of Steamboat Springs, which could result in 450 new homes within 15-20 years.

Perhaps we are seeing early signs that the market is beginning to balance, as Steamboat Spring’s inventory rose for the second month in a row. At the end of July, there were 476 properties for sale, up from our low of 386 in November 2017. Looking back, w

In Steamboat, where home prices are escalating rapidly, it’s not enough to simply use recent comparable sales to determine a home’s list price. Without the volume of big cities, many properties offer limited comparables and also come with unique features.

Less than a year ago, The Reserves, a 48-unit affordable housing development on the west side of town, opened its doors to residents. It had a waitlist four times the size of the project and was the city’s first newly constructed low to moderate income ho