Neighborhood Focus: Melody Ranch lot listing turns clock back to 2005

After nearly two years since the last sale of a building site in Melody Ranch, a new listing today for a .33-acre lot in Melody Ranch for $399,000 turns back the clock to August 2005. It was during that month that eight building sites in this neighborhood sold for between $370,000 and $395,000. By September 2005, the price for one of these lots – nearly all between .3 acres and .7 acres – had risen...

March-ing right along: 17 closings, 14 under contract so far

Last I looked, Jackson Hole real estate sales for March were off to a strong start after a big finish to February. With a week still to go in the month, I revisited the monthly sales totals and pending listings to see how March was shaping up. I knew the month had been busy - after all it is the height of the winter selling season - but just how busy surprised me. So far this month there have been 17...

Neighborhood Focus: Game Creek-Squaw Creek

Today’s open house schedule included five of the seven active listings in the Game Creek-Squaw Creek area. Located approximately 7 miles south of Jackson, this area is characterized by horse-friendly properties that average about five acres on rolling, sparsely treed terrain. Just 20 minutes from Jackson, this area never ceases to impress with its open spaces, privacy and variety of homes. However,...

Wall Street Journal touts Bank of Jackson Hole

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...

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