Thursday, September 23, 2010
A summer sales incentive of 20% off drew new interest to the Olympian in Steamboat Springs, Colorado this summer. A three bedroom condo closed July 9th for $1,052,800 or $497sq/ft. A two bedroom residence closed for $818,520 or $570/ft late May. The Olympian is located at 5th and Yampa, a riverfront location. This luxury condominium complex has 23 residential units and 5,700 square feet of commercial space below. Interior features are mountain contemporary with exposed timber and floorplans averaging more than 1,600 square feet. The common amenities include a fully landscaped private inner courtyard, underground heated parking space and an elevator for easy access. Walk to the rodeo grounds, fly fish on the Yampa River just across the road and watch the ski jumpers from your deck. The natural hot springs, shopping and riverfront restaurants are all within the immediate vicinity of this convenient downtown location. Unit 403 has one of the nicest deck views I’ve seen in Steamboat as can be seen in this video. Contact Dean Laird at 877-678-0884 to take advantage of a limited 30% off fall 2010 sale. See other luxury condos in downtown Steamboat Springs at SkiCondos4Sale.com
Saturday, September 18, 2010
Looking for a silver lining before deciding to move forward with your home purchase? Last week, the real estate market news reporters across the country were once again hyping on that black cloud over our head, and taking a very broad brush to paint their picture of our struggle to recover from the housing crisis.
And the National Association of Realtor’s (NAR) announced that homes sales across our country dropped 27% in July compared to the same measures from July 2009. Bad news makes news, as expected.
So where is that silver lining? As John Soule said (or did he? See this interesting discussion of the quote here) in 1851 “Go West, young man”. Real estate markets vary widely across the country, and the buyer cannot simply read the headlines to determine the healh of the local markets out West.
The median price in the West was $224,800, an increase from $221,800 the month before and up 3.3 percent from the same time in 2009 according to NAR. If you have been watching prices drop for a few years now, an increase in home prices out West should raise one eyebrow. Combine that with interest rates at the lowest they have been since about 1971, and both eyebrows should be raised!
Additionaly, pending home sales also indicate momentum moving forward:
Following a sharp drop in the months immediately after expiration of the home buyer tax credit, pending home sales have modestly risen
Low interest rates, higher prices, sales picking up? Hmmm…
Indeed, there does seem to be some good news hidden amongst all the dark clouds breathlessly reported each day by the media. If you are a buyer and reading this now, you may want to consider emulating our early settlers over a century ago and start a new life in beautiful Steamboat Springs!
Prices are down 30-40% for the most part in Steamboat Springs, interest rates are at record lows and inventories in select developments are decreasing.
If you have been here, fell in love, and would really like to start a new life in Steamboat Springs, get your Steamboat market report today.
Dean Laird, Broker/Owner
Colorado Group Realty
Wednesday, September 15, 2010
There is a crowd in the Fort Collins, Denver and other Front Range Communities who have been waiting for these opportunities and have begun to act. Buy now to take advantage of prices that in most situations, are well below the cost of building. Stagecoach Reservoir is just 5 minutes from most of these homes and only 20-25 minutes south of Steamboat Springs, Colorado. All homes have gone under contract since August 1st, 2010.
To see other Stagecoach homes owned by banks or in foreclosure, see my Steamboat REO and foreclosed homes page at DeanLaird.com or call me at 877-678-0884 to get on email notification.
Saturday, September 11, 2010
If your family or friends are giving you grief for considering the idea of becoming a ski bum, you may want to point them to this story - who says being a Steamboat ski bum can’t pay off?
In 1994, two ski instructors opened the Smart Wool Company.
Smart Wool had another record-breaking year with revenues nearing the $100 million mark and sold more than 10 million pairs of socks in addition to its growing apparel line.
The original owners, Patty and Peter Duke no longer own Smart Wool, but they are positioning themselves to continue the success story with their newest Steamboat Springs-based sock company - Point 6
If that is not enough convincing that doing what you want to do in life can lead to success, see these other successful companies that have spun out of this small Colorado town while Biking, Hiking, and Kayaking.
or if you play really hard, you may just end up like this guy.
For information on more about the lifestyle in Steamboat Springs, contact a Realtor that has spent his life living in resort towns.
Dean Laird, Broker/Owner
Colorado Group Realty
Wednesday, September 8, 2010
A fresh reminder this isn’t the big city! And there is plenty of work in Steamboat.
The moving van arrives on Friday and I need 3-4 strong people to help shuffle furniture and fixtures up 3 flight flights of stairs in a luxury condo. Cleaning by tomorrow, paint touch ups by today, locate a couple of new fixtures for the living area and bath, check out the boiler, adjust the garage door and a few other items are all on order before my Buyers arrive for closing on their real estate purchase this Friday.
Earlier this summer I heard often from my contractor and service industry friends that business was slow, so I didn’t worry about booking home maintenance services early. Come to find out, that there apparently is no shortage of jobs in Steamboat. The moving company was booked until 2 weeks out, 3 cleaning ladies called to say they were all booked, the painter out a week, carpet cleaner and plumber/mechanical contractor for the boiler radiant heat system can’t fit me in and suggested another company, and I’m still trying to find someone to adjust the garage door. All day was spent trying to find services in Steamboat. My predicament reminds me the busy days of 2007; to get something done quick, I have to throw on the tool belt and get to work.
Its good to see that Steamboat is buzzing along again for the service industry. Contractors who are good at what they do are staying plenty busy. When real estate is selling again, demand for reliable services is high. I’m fortunate to have a reliable source of friends who can squeeze me in between jobs in a pinch.
Steamboat’s strengthening economy should be a sign of what’s around the corner in the real estate market.
Broker/Owner Colorado Group Realty
Monday, September 6, 2010See more details about Ranch
Its hard to beat this lifestyle just 30 minutes north of Steamboat Springs, Colorado. Real estate for sale near the shores of Steamboat Lake are found at Captain’s Cove or Contact Dean Laird, Colorado Group Realty - Broker/Owner with over 14 years in land sales experience. 877-678-0884.See more details about Ranch
The developers of Trappeur’s Crossing Resort’s Bear Lodge are wrapping up the summer selling season with a final push to sell 3 more condominiums at drastically lowered prices.
The deal: 30% off the next 3 sales of any of our unsold 3, 3 + den, 4, or 5 bedroom condos. Prices include a full turn-key developer furniture package.
The Trappeur’s community center has seen close to a million dollars in upgrades over the past two years, making it one of the premiere Steamboat resorts for convenience and comfort. The Steamboat Ski Resort base area is within walking distance or a shuttle is available for quick access to the slopes or downtown.
One of the popular choices for vacationers is the garden level courtyard condos such as unit 6111 with 3 bedrooms and 3 full baths. This luxury condo offers a private 500 sq. ft. patio complete with a hot tub, outdoor gas fireplace and BBQ grill. The popularity results in the best rental revenue numbers in the entire resort. 1727 sq.ft floor plan is ample room for family entertaining.
The amenities include an expansive gym with a mixture of free weights, stationary bikes, Stairmasters®, treadmills and Nautilus ® equipment. Pool, hot tubs, tennis courts and a putting green are in your own backyard. And when your are completely exhausted following a day of play, pampering service is waiting for you at the full service day spa.
Contact Dean Laird - Broker/Owner at Colorado Group Realty to take advantage of this limited opportunity. 877-678-0884. Or see my website - SteamboatCondos4Sale.com for more info on Steamboat Springs condominiums.
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