Economist: ‘Shadow’ market will keep home prices down

In addition to the research I do for my clients, I receive regularly the research of other professionals with a keen interest in Jackson Hole real estate sales such as local bankers, title companies and other Realtors. My thanks to everyone who takes the time to pass along what they know so I can enhance the service I provide. When it comes to news, trends and statistics related to the national real...

Neighborhood focus: Granite Ridge in Teton Village

Two weeks ago one of the two remaining undeveloped slopeside lots in Granite Ridge came on the market. Click here to see the details of this 1.09-acre property adjacent to the Teewinot ski run at Jackson Hole Mountain Resort listed at $4.6 million. This lot is one of just nine true ski-in/ski-out building sites that border the resort to the north. Since this corner of the Granite Ridge subdivision was...

Headlines point to uptick in 2010; see your Realtor for the rest of the story

While perusing the Internet and scanning my Google News Alerts for the latest regional real estate news, I noticed a trend in the message last week: Current prices significantly lower than the recent market highs + historically low interest rates  + tax credits for real estate purchases = a stronger real estate market in 2010. For example, see this story in last week’s Jackson Hole News&Guide,...

Teton County real estate sales down 52 percent in 2009

This just in: 2009 was not a stellar year for real estate sales in Teton County. This not-so-breaking news was quantified during a presentation Wednesday at the weekly Sotheby’s International Realty in Jackson Hole sales meeting. However, it’s also clear there is considerably more momentum as we head into 2010 than at this point last year. Of course that is not hard considering there were just 4...

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