Steamboat Springs Foreclosed Home Inventory Declines

Saturday, September 4, 2010

Single family homes in the immediate Steamboat Springs area, (with-in 15 minutes drive) has declined to under 5 homes. Sales for foreclosure condos, townhomes and residential homes has maintained a steady pace resulting in less choices for distressed property. Of 30 or so REO (Real Estate Owned = post foreclosure) homes, most are in Stagecoach, Oak Creek or Hayden areas. To watch the list, see Steamboat Springs Foreclosed Real Estate. or Contact Dean Laird, Broker/Owner Colorado Group Realty 877-678-0884.

Another foreclosed condo at Steamboat’s Highmark equals a deal for the luxury condo buyer.

Saturday, August 21, 2010

See more details about Highmark

The Highmark at Steamboat has suffered some ups and downs - evidenced by being recognized as filling an unmet high-end niche while also sporting a couple of oreclosure condos just listed on the Steamboat Springs MLS. Tough times are hopefully ending as Steamboat sales pick up and the developer hands over the management keys to a local property management company - Mountain Resorts. Financial troubles hit early in construction and The Highmark was a swimming hole for Steamboat ducks because the foundation sat filled with spring run-off. A drawn-out construction process followed and the building was finally finished with an exterior color scheme you either love or hate. The Highmark first opened as a luxury rental property but recently succumbed to an unsuccessful auction by a marketing plan that couldn’t produce sales. Indeed, The Highmark has had a checkered history to date. However, change has been good. The friends and clients I’ve sent there to stay, love the place for the luxury finishes, ski resort views, convenience to the slopes and world class service, all at a bargain price. And The Highmark is on track for more success with new management…

Mountain Resorts President Steve Frasier said it was the recent sales that contributed to the developers’ decision to seek a locally based property management company that was focused solely on the Steamboat market as they anticipate turning the property over to a homeowners association. “We have the ability to transition from the developer to the HOA smoothly”.

- Steamboat Today Over 1500 square feet, newer construction, a few minutes walk to the Steamboat gondola and only $625,000 as of today’s date, these 2 newly listed foreclosure condos are bank owned real estate and worth a closer look. Call Dean Laird 877-678-0884 about these properties or for more Steamboat foreclosure market conditions.

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See more details about Highmark

Foreclosed, bank owned, incredible views and cheap!

Wednesday, August 4, 2010

See more details about Eagles Overlook

steamboat-foreclosure.jpg Eagles Overlook name fits this property well. Perched high above the valley, these views cannot be beat. Similar listings are priced around $1,000,000. Recently reduced to under $500,000, this 5 bedroom, over 3000 sqft property is by far the best deal on the market right now. There are some items to raise an eyebrow such as stains on the carpet and some drywall damage from previous leaks, higher HOA’s and multiple levels. Nonetheless - worthy of a look. https://skicondos4sale.com/condo_townhome_real_estate/Near_Steamboat_Ski_Area/Eagles_Overlook/

See more details about Eagles Overlook

Stagecoach post foreclosure-bank owned deals

Monday, August 2, 2010

stagecoach-land1.jpg Stagecoach reservoir located just 20 minutes South East of Steamboat Springs has several homes that faced foreclosure and are now owned by the bank - commonly known as REO’s. You can pick up a newly constructed 3, 4 and 5 bedroom new homes with Stagecoach reservoir views for under $150 per square foot as of Aug 1st, 2010. These are not always listed on the Steamboat Springs Multi Listing Service (MLS) so call 877-678-0884 to request notification when a new foreclosure or bank owned real estate hits the Steamboat market. Stagecoach has what a second home buyer on a budget will want. A lake with great fishing, boating, swim beach and more. Epic mountain bike, hiking and cross country trails, and with-in 20 minutes of world class skiing at a fraction of the price of Steamboat homes. The photo depicts the view from a lot soon to be available next to a 5 bedroom home with over 4000 sqft, new construction post foreclosure price of $550,000.

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