It’s listed for $2.45 million today, but word is this bank-owned Granite Ridge Timbers unit with 3 beds, 4 baths and 3,249 square feet will be reduced to $2.2 million in the next few days. Sure enough, as I write the price has just changed in the Teton County Multiple Listing Service and ownership has been changed to First Interstate Bank. Noteworthy facts about this listing include: The highest...
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It's Spring Break here in Jackson Hole, and the streets of Jackson and the halls of Sotheby's are as quiet as they will be all year. Personally, I've been taking some time to enjoy the more than five feet of snow that has fallen in the mountains over the last 10 days and catch up on some much needed organization after a busy winter. However, there has been no lack of real estate related news here in...
A CLOSED sale in Wilson for $4.05 million highlights this week’s Teton County Multiple Listing Service Hotsheet activity, as well as more than $2.3 million in PENDING sales. Additionally, the link above includes a handful of notable new listings and price reductions indicative of the direction of the Jackson Hole real estate market. In short, prices continue to come down and overall inventory continues...
We’ve been hearing for a good solid six months now that interest rates for home mortgages are about to rise. Any day now. No doubt about it. Yet they have remained at approximately 4.875 percent for a conforming 30-year, fixed-rate loan since late last year. Are they about to rise? Don’t ask me, I’m just a Realtor! But local banker Richard Uhl, vice president and real estate loan officer for First...