jackson hole real estate: Indy Mac deal Hits a snag - 01/03/09 06:14 PM
The indymac deal hits a snag over the one billion dollars Fannie Mae says Indymac owes to them for bad loans.
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jackson hole real estate: Jackson Hole Ski Report for January 3rd 2008 - 01/03/09 05:30 PM
Jackson Hole ski report is as follows.  The skiing is incredible right now.  We have colder temps that have dried out the surface snow that fell very warm and wet over the last three days.   Another storm is poised to hit the region on Monday  or Tuesday.    Avlanche hazard remains high in the back country and is not recommended.  
Please feel free to check out my blog at www.realestatejackson.com for more detailed info.      
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jackson hole real estate: Jackson Hole Real Estate Market Short Summary December 2008 - 01/03/09 05:22 PM
Jackson Hole real estate has seen continuous increases year over year for basically 15 years now.  There had been a couple of lulls but no major declines.   What we are seeing now is what I refer to as reality.    The appreciation of the past was pushed by easy loans, low interest rates and speculation.    I have recently talked with people that I feel are more than average when it comes to the experience and knowledge they hold.  Some of these people think the old addage "Jackson Hole never goes down" is still somewhat true.   Others feel like we are just seeing … (0 comments)

jackson hole real estate: Jackson Hole Real Estate - What's happening? Here is my opinion. - 12/15/08 05:27 PM
Jackson Hole real estate has seen continuous increases year over year for basically 15 years now.  There had been a couple of lulls but no major declines.   What we are seeing now is what I refer to as reality.    The appreciation of the past was pushed by easy loans, low interest rates and speculation.    I have recently talked with people that I feel are more than average when it comes to the experience and knowledge they hold.  Some of these people think the old addage "Jackson Hole never goes down" is still somewhat true.   Others feel like we are just seeing … (0 comments)

jackson hole real estate: Jackson Hole Real Estate - Market report - November 25th, 2008 - 11/24/08 01:31 PM
Jackson Hole continues to see a major slow down in sales.     Price reductions are abundant.   The continuation of the stock market decline and weakness in the national and global economies have continued to put downward pressure on pricing.   Many sellers of Jackson Hole  properties have not become realistic in pricing.   It is what I would call denial.  My advice to sellers is do not sell now unless you have too.  If you have to sell now, price your real estate way below what everybody else has similar things priced at.     If you are looking to buy into the  Jackson Hole … (0 comments)

jackson hole real estate: Jackson Hole Real Estate - what is really going on here? Jackson Hole Real Estate Market Report - 10/20/08 01:55 PM
The Jackson Hole Real Estate Market had been defying gravity for the last couple of years, that is, until this spring.   Last year, while the nations real estate market suffered one of the most dramatic declines since the 80's. We in the jackson hole real estate business enjoyed double digit price appreciation.   That party is over for now.   In combination with the credit squeeze and the fall of the stock market we have seen recent sales come to a halt.   I am sure that most real estate brokers in our area will cringe when they read this but I … (0 comments)

jackson hole real estate: Jackson Hole Real Estate Market report for August 2008 by Rick Armstrong - 08/16/08 04:34 PM
This report is specifically based on Jackson Hole Real Estate encompassing Jackson, Wilson, Teton Village, Jackson Hole Mountain Resort, Moran and surrounding Teton County real estate. I make every attempt to make my reports unbiased and accurate and I do not "cherry pick" only the results I think are favorable or non favorable. This is a simple market report - if you are interested in a more detailed analysis please email me at www.realestatejackson.com Inventories: Teton Village Real Estate Listings - Total active is down _21%, New Listings down -33%, Under contract down - 60%, Number sold down -60%, sold volume … (0 comments)

jackson hole real estate: Jackson Hole Real Estate sees a trend towards a buyers market - 07/31/08 12:12 PM
Finally, we are seeing an easing of prices here in Jackson Hole. After multiple years of double digit appreciation we are seeing a rise in inventory and multiple price reductions. What is happening? Short answer: Reality has set in. People have been asking prices based on speculative 20% increases from the prior year and also basing prices of sold properties in cases where the buyers paid to much.
It is great to see us heading towards a buyers market again. This is not entirely bad news for sellers if they are asking a reasonable price for the property they own. … (0 comments)

jackson hole real estate: Jackson Hole Real Estate Closings in June of 2008 - 07/06/08 11:20 AM
Sold Price                          Type          Beds Bth Acres Asking Date Closed     Closed at          Days on Market

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jackson hole real estate: Jackson Hole Real Estate Video Market update - 06/24/08 10:06 AM
We have been working for almost one year to bring our clients the best video blog upadate on the web. This is meant to be an informative tour of Jackson Hole Properties. It will be updated weekly. cheeck it out at www.rarejh.com - I can show other brokers and agents how this is done in trade for qualified links.

Cheers,
Rick Armstrong
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jackson hole real estate: This year to date - A Jackson Hole Real Estate report - 02/11/08 03:58 PM
So far in 2007 we have seen 60 closings in the Jackson Hole area.  This includes Wilson, Teton Village, and the Town of Jackson real estate offerings.   
Closings of interest:
Hotel Terra in Teton Village has it's - first flip:   A small 3bedroon unit closed at $2,150 Hitting $1400 a square foot.
A four-plex came on the market at $1.6 and was quickly snapped up.
Also a Teton Village four seasons Penthouse went under contract with an asking price at $4.8.  
Inventory is up 3% from 2007 this time.  
If you want a more detailed summary give us a call at 307-733-8726.
Cheers,
Rick … (0 comments)

 

Rick Armstrong - Jackson Hole Real Estate

Jackson Hole, WY

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Jackson Hole Real Estate Broker RARE Properties Real Estate

Address: Po 1427/ 485 West Broadway , Jackson Hole , WY , 83001

Office Phone: (307) 733-8726 x TRAM

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