buying steamboat real estate: Keynes, Tobin’s Q and Steamboat Real Estate
- 12/15/11 04:11 AM
“Now is the time to buy Steamboat real estate.” How many times have you heard a Realtor say that? Everyone's situation is different, so you won't hear that blanket statement from me even though it is true that many Steamboat properties are priced at too-good-to-pass up prices and we’ve seen the bottom of the market in several neighborhoods. According to Tobin’s Q, a theory James Tobin wrote in the late 1960’s,it really is time to buy. James Tobin’s theory says: Market value of company / replacement value = Tobin’s Q So how does that relate to Steamboat real estate? When the price of Steamboat … (0 comments)
buying steamboat real estate: 35+ Acre Sales in the Steamboat Springs, CO Area
- 10/07/10 10:14 AM
35+ Acre Sales in Steamboat Springs in 2010 In Routt County, most homesites are at least 35 acres. Zoning allows one home per 35 acres unless a landowner of a larger acreage splits the land according to the Land Preservation Subdivision policy. I did a search recently to see how many homes have sold with 35 or more acres between $250,000-$800,000 since January 1st. Only two have sold in 2010, and they both were north of Hayden. One was bank owned. Here are the details: 43255 McGuire Lane in Hayden, 3 BR, 1750 sq ft., Listed at: $320,000, sold for $320,000 … (0 comments)
buying steamboat real estate: Think About Selling When you Buy Steamboat Real Estate
- 10/04/09 03:54 AM
There is a lot of real estate inventory available here in Steamboat Springs. Whether you are looking at land, Steamboat luxury homes, or Steamboat ski condos or townhomes, there is more inventory available than there has been in years. So what do you buy with all those choices? The old real estate adage “location, location, location” is important, but here are a few others you might want to consider: A garage, ideally with inside access to the house, to keep your car snow free during Steamboat winters Wood and tile flooring (again, it’s a snow and mud-season thing) A newer kitchen and bathrooms, … (3 comments)
buying steamboat real estate: Read First Before Buying a Steamboat Ski Condo
- 09/01/09 09:58 AM
Steamboat real estate activity has definitely picked up. I don’t know if interest is back because the papers are saying the recession is over or if people have regained their senses, but the buyers are back. If you are thinking about purchasing a Steamboat condo or townhome as a second home, here are some things to consider: Are you going to use it in the winter or do you want year-round local activities? What are those other activities (fly fishing, golf, hiking, biking, etc.) and how accessible are they to your location? Will you use it enough and keep it long enough … (0 comments)
buying steamboat real estate: Top 3 Reasons To Buy a Second Home in Steamboat, Part 2
- 04/26/09 06:12 AM
Read Is It Time to Buy a Steamboat Vacation Home? (Part 1) here. There are some serious bargains in Steamboat real estate right now. A recent NAR (the National Association of Realtors) survey reports that the median sales price of a vacation home nationwide is down 23%. I’m not sure what the actual percentage is in Steamboat, but I’ve been showing some properties lately that are listed at prices 10-15% below what they sold for in 2006. One was a stunning must-see luxury duplex with a Rollingstone Ranch golf club membership priced 25% less than the smaller one next door. … (0 comments)
“Now is the time to buy Steamboat real estate.”
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