buyers market: A Slowdown is Not a Letdown - 09/10/08 03:10 AM
While the Jackson Hole market has experienced a slow down, it is nowhere near the dire straits being touted in the media.  A California-based research company recently reported that the median home price in Teton County had dropped 9% in the last fiscal year.  While the lower end market has experienced a slight dip in home values, the higher end Jackson market has actually increased 2% (from $1.175 million in July 2007 to $1.2 million as of July 1, 2008).  Since the Jackson Hole market has consistently experienced approximately 20% increases every year for the last few years, a slow down or … (0 comments)

buyers market: It's a Buyer's Market - 07/30/08 02:50 AM
What is the silver lining in the Jackson real estate cloud?  It's a buyer's market.  The rocketing prices of houses on the market of the past are starting to come back to earth a bit, with sellers realizing that they can't sell an overpriced home.  This housing cooldown should actually be considered more of a market correction.  Even through this sluggish market, Real Estate of Jackson Hole has enjoyed record listings with their share of the market on the rise.  Those houses listed under $1 million are affected the most.  However, the median price for a home in Jackson has increased 2% … (1 comments)

 

David Peters

Jackson Hole, WY

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Real Estate of Jackson Hole

Mobile: (307) 690-3520



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