No stats, analysis or links today. I would just like to pass along a very sincere wish to my friends, families and clients that 2010 bring you health, happiness and prosperity in all your endeavors. Professionally, I am very excited about the coming year for a variety of reasons. At the top of the list is the fact it won’t be 2009 anymore, one of the most difficult real estate markets in a generation....
Jackson Hole News
Today was scheduled to be a busy day for auctions of Teton County foreclosed properties, with five properties worth more than $14 million on the block, but none of them made it to the steps of the courthouse. A few days before Christmas the Davies-Reid building on the Town Square had its auction rescheduled for Jan. 19, 2010. Opening bid is $2,763,715.67. It was announced yesterday the other four...
Jackson Hole banker Richard Uhl, real estate loan manager for First Interstate Bank, says home loan rates have been gradually increasing in recent weeks. “We are currently at 5.25 percent on a “Conforming” 30-year fixed rate loan. The 30-year fixed Fannie Mae required net yield (wholesale price to lenders) is at the highest level since August 24. As we continue to see a decrease in Fed purchases...
The Casper Star-Tribune has a nice story out today on the November sales numbers for the state of Wyoming. It provides a snapshot of the state’s variable real estate sales climates, from struggling Sweetwater County to steady and strong Cheyenne. Teton County also gets a good look, with a few quotes from our own Brett McPeak, president of the Teton Board of Realtors. McPeak and the story follow up on...