Davies-Reid

Hotsheet Highlights: March in like a lion with 6 SOLD, 6 new PENDING, 6 NEW listings between $539K and $689K, PRICE reductions galore

The first week of March saw a tremendous amount of activity in the Teton County Multiple Listing Service. Where to begin? After a final weekend of February that saw a small flurry of 3 strong property sales, there have been six sales since Monday for a total sales volume of $7.8 million. Six additional properties went under contract with list prices totaling $14.228 million. New listings, which have been...

Town Square foreclosure cancelled; national delinquency rates on rise

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...

Town Square foreclosure indicative of overall market

The lead story in this Wednesday’s Jackson Hole News&Guide outlines the details surrounding one of Teton County’s highest profile potential foreclosures – the Davies-Reid building on the northwest corner of Town Square. Today’s Jackson Hole Daily follows up with news that the foreclosure, set for Dec. 29 with an opening bid of $2.76 million, has been postponed until no later than Jan. 31,...

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