Will This Economic Crisis Have a V, U, or L-Shaped Recovery?Many American businesses have been put on hold as the country deals with the worst pandemic in over one hundred years. As the states are
Steamboat Real Estate Market Gets a Healthy Jolt
Dated: February 18 2013
An interesting thing happened this Valentines Day. In one day there were 7 contracts written on homes ranging in price from $875 to $1.3 million. This is a real boost to the #Steamboat real estate market giving it a healthy jolt for the start of the spring market.
We are unlikely to see this type of anomoly again in the near future as there is limited inventory out there but it bodes well for the luxury market as a whole as it gives creedance to our message that the value in high end real estate is much greater than many of our competitors like Vail, Telluride and Aspen and consumers have figured it out.
Like all markets, when the deals are gone the prices will rise. I think many consumers out there have figured this out and are looking at buying up what is left of the low hanging fruit before the enevitable happens and prices start going back up.
The Steamboat Luxury Team -Vicki Jackson and Mike Shuttleworth Vicki Jackson has been a Realtor for 11 + years and comes from a long line of Realtors. She has specialized in luxury resort and ranc....