Thanks to our friends at Jackson Hole Title & Escrow, who have been providing convenient and consistent updates on Teton County foreclosures, word came last night that the foreclosure set for today on an iconic Town Square property has been canceled due to bankruptcy. For the back story on the Davies-Reid building (formerly Jackson Drug), see this recent Teton Realty Today post and the included...

Late last week I had a chance to take a guided tour of the brand-new Pearl at Jackson building in downtown Jackson, as well as another good look at the White Buffalo Club, a year-old project also just a few blocks from Jackson Town Square. While both developers are trying to find just the right buyers for what they consider unique products in a challenging real estate environment, each is taking a...

Since last Friday, when I last summarized the significant sales of 2010, Teton County Multiple Listing Service reports the sale of four additional single-family homes. As has been the story so far this year and in recent weeks, the sales span the price range for a single-family home in Jackson Hole. Also, again almost all sold after notable price reductions and at least six months on the market. The four...

Short sales and potential foreclosures continue to play a significant role in the Jackson Hole real estate market. Yesterday’s Jackson Hole News&Guide continued its coverage of the impending foreclosure of the iconic Jackson Drug building on Town Square. In short, the stone building constructed in 1937, which has 2,940 square feet of retail space, 2,600 square feet of storage and a 4-bed,...