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 real estate market, the time is starting to get good. There have been a few exceptional values in our market. One thing to remember is you are buying into Jackson Hole. One of the most pristine enivirons in the world. Home to the lower 48's largest untouched wilnerness. It is home to the headwaters of the Snake River making it a good bet on longterm water supply. The schools are excellent. Crime is low. Cultural activities are unrivaled in a town of this size. etc.. etc.
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