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,...
Jackson Hole Real Estate
Have you been curious about the burgeoning housing development off South Park Loop between Cottonwood Park and Indian Trails? Well, it’s called Cottonwood Flats and will eventually include 65 total units, nine of them “affordable.” On Sunday I toured the model homes that have been completed, including a duplex with 2-bed, 2-bath, 1,068-square-foot units and a duplex with 3-bed, 3-bath,...
Sotheby’s provided its monthly update last Wednesday, with a focus on year-to-date sales from the Teton County Multiple Listing Service. The report also includes data on consumer confidence, consumer price index, unemployment and a look at Teton Valley, Idaho. Contact me for a copy of the entire report. Jackson Hole real estate sales continued to be consistent but subdued, with 23 sales in November...
The Jackson Hole News&Guide has at least two real estate related stories this week – one on foreclosures and another an update on the Jedediah’s House of Sourdough story I mentioned on Monday. Neither story is online but both deserve comment and I’ll try to follow up later this week. But if you only have time for one piece in the weekly, as usual go straight to economist Jonathan Schechter’s...