The supporting data is piling up and the trend lines are clear. By all metrics, it can now be considered a buyer’s market for Jackson Hole real estate. One of the earliest lessons of my real estate career was a version of the “Four Stages” theory of home sales. Some break down the dynamics of the sales cycle into six, nine or as many as 10 stages, but they all say the same thing: when prices have...
Jackson Hole scenic
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...
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...
A strong final week of September pushed sales for the month in Teton County to 23 units and a total sales volume of approximately* $44 million. How do these numbers compare to September 2009? Favorably, and I will hit the highlights momentarily. However, perhaps more portentous for the fourth quarter of 2010 than past sales figures is the volume and type of price changes reported by Teton County...