When it comes to making the most important decisions in our lives it is critical to have all pertinent information available as soon as possible. Yesterday if possible, but if not today. Buying or selling a home certainly qualifies as one of the bigger decisions we make. It's my opinion that the more information about the Jackson Hole real estate market I can assimilate, distill and distribute to my...
Jackson Hole News
The following stats were provided by the Chamber of Commerce and compiled internally at Jackson Hole Sotheby’s. Only a few are directly related to real estate, but all play a role in the greater regional economy. Overall, most of the figures mirror the Jackson Hole real estate market: stable and better than 2009, but still struggling to regain the mojo of the middle of this decade. However, there is...
It has been 10 days since my last post here at Teton Realty Today, easily the longest stretch of inactivity since beginning this site late last year. Why the lapse in content? It is certainly not for lack of focus on the latest real estate news, trends or research. Quite to the contrary, like most of my fellow real estate professionals I couldn't be busier or more invested in the Jackson Hole market in...
This week’s “Economic Report and Rate Sheet” from First Interstate Bank* reports another drop for 30-year fixed-rate home mortgages to a national average of 4.56 percent. “The rate marks yet another record low in Freddie Mac’s 39-year survey,” writes Patti Patterson, real estate loan officer with FIB here in Jackson Hole. “A year ago, rates for 30-year mortgages averaged 5.2...