Christy and I are getting this question from a lot of our seller’s and customers lately. Jackson Hole has a very limited amount of property that can be developed and there has historically been enough demand to raise prices. In today’s market we have seen a total slow down of transactions and willing buyers at […]
Mortgage rates in Jackson Hole had been staying steady for almost a month with a percentage change every once in a while so this should be interesting…. The following is a report from our friend T.R. Pierce who works as the “Mortgage Guru” at the Bank of Jackson Hole. If you read previous posts you […]
The final real estate results are finally in from our master “Statistic Wizard”, Leonard Kleiman. Unfortunately you did not have to be a master mathematician in the 1st quarter of 2009 as we only recorded 18 transactions for a total of $43.2 million in sales volume. Teton County, Wyoming could very well have it bottom […]
Christy and Garth Gillespie, the Jackson Hole Experts at Sotheby’s International Realty, have just updated our Top Picks for April 23, 2009. Just about every 2 weeks we take a look at the Jackson Hole real estate market and look for the current “deals” in the market. We also review the current situation with pending […]
The Jackson Hole Airport will be closed for a runway resurfacing project just after the Memorial Day holiday. The airport will be closed for 5.5 days during which time scheduled aircraft will land at Idaho Falls. The closure could last longer if the weather delays the construction. During that time the only airlines flying to […]
Recent data is showing that homes being built today are smaller than they were in the beginning of 2008. In the third quarter of 2008 median home size was 2,090 square feet, down from 2,629 square feet in the second quarter of 2008. With housing prices dropping and the economy weakening, homeowners may be looking at homes […]
In today’s post we though we would update you on what’s happening on a national level with the banking industry. We have been hearing from almost all media outlets that there is still a lending issue with the banks. As a matter of fact two nights ago Donald Trump was on Larry King Show and […]
This morning President Obama took time to discuss the current economy and to bring up the fact that there are historic low mortgage rates for people to take advantage of. Refinancing seems to be the topic of most interest as there are opportunities for Jackson Hole homeowners to refinance and save money. Rates on 30-year […]
Jackson Hole Real Estate Associates – Christie’s Great Estates opened its doors last week. JHREA is a new company that combines agents from many different real estate firms in the valley. The office will have multiple locations in the valley but most prominently at their current office next to Sports Authority and the old Real […]
For some interesting reading on “Record Low Mortgage Rates” go here. Another interesting article about the New Mortgage Reform Bill. Then there is the HOT STUFF report from T.R. Pierce at the Bank of Jackson Hole. T.R. produces this report when there is interesting and informative information about the “World of Lending”. The more you […]