Looking for a quality home on the water in Jackson Hole with drop-dead views and plenty of elbow room at a great price? Well, I may have just the place. Teton Valley Ranch, which includes 101 acres, a 10,000-square-foot home and much more in the town of Kelly, will be auctioned on July 16. The text below, cut and pasted from an internal Sotheby’s e-mail, describes the property in detail, with not one...
Jackson Hole News
He correctly predicted real estate sales in Teton County, Wyoming, would hit bottom during the fourth quarter of 2009. In his most recent column in the Jackson Hole News&Guide, Jonathan Schechter hypothesizes the overall local economy hit bottom in recent weeks. “The bleeding has been stanched,” writes Schechter, an economist who writes biweekly. As I’ve written before, Schechter is a must read...
In a story titled "Where to Find the Money" out this weekend in Wall Street Journal, Bank of Jackson Hole is cited as an example of a lending institution that is not hesitating to take on mortgages to qualified borrowers. While consumer lending fell nationally by 3.8 percent in 2009, BOJH saw consumer lending rise by 34 percent. The article offers one possible reason: "Smaller lenders and credit unions...
The first week of March saw a tremendous amount of activity in the Teton County Multiple Listing Service. Where to begin? After a final weekend of February that saw a small flurry of 3 strong property sales, there have been six sales since Monday for a total sales volume of $7.8 million. Six additional properties went under contract with list prices totaling $14.228 million. New listings, which have been...