The town of Jackson sits at an elevation of 6,237 feet, just over a mile high. Yep, that’s right, we got Denver by 957 feet! And the top of the tram at Jackson Hole Mountain Resort sits at an elevation of 10,450 feet. Coming from Sea Level or any lower elevation, you may notice that our air here in Jackson is thinner, that means you’ll get less oxygen per breath.

Everyone adjusts to altitude differently, most people can adjust to the altitude in Jackson in 1 to 3 days. It is recommended, especially those traveling from sea level that you acclimate before taking on any outdoor adventures. Symptoms of altitude sickness can include headache, nausea, dehydration, lethargy, and dizziness. If you experience these symptoms, consult a local physician.

The best way to prevent altitude sickness is to prepare. Here are 3 things to consider to better prepare you for higher altitudes:

1. Includes foods full of iron. Your red blood cells use iron the help deliver oxygen to muscles. Include iron-rich foods in preparation for and during your stay in Jackson. Some of our favorites are lentils, spinach, dark leafy greens, sesame seeds, and of course steak. Cooking with Cast-iron is also helpful in boosting your iron levels.
2. Stay hydrated. At higher altitudes, water evaporates faster from your skin and your lungs. This combined with an increase in both respiration and heart rate can lead to dehydration. The trick is to never go thirsty, some people need to drink twice as much as they do at lower levels of elevation.
3. Supplement with appropriate. Studies have shown that increased levels of vitamin C have helped to prevent and reduce instances of altitude sickness. Vitamin E, glutathione, and alpha-lipoic acid are common antioxidants also shown to support your body at higher altitudes. Adaptogenic herbs can also help with lung function and oxygen transportation, the most common being ginko biloba and rhodiola

As with any health advice, it is always recommended to consult your physician prior to adding new vitamins or supplements to your diet. Reach out and let us know how we can help, we are more than happy to put you in touch with JHREA’s Wellness Officer.

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Article courtesy of and created by Chelsea Kmiec, Chief Wellness Officer at Jackson Hole Real Estate Associates/Christie’s International Real Estate. Kmiec develops and implements health and wellness services exclusively for JHREA team and clients. As clients seek the Jackson Hole lifestyle, many are also seeking to change the way they are living, and we are able to assist in achieving lifestyle and health goals. 

In the latest edition of Global Economic Insights, LeadingRE’s Chief Economist Dr. Marci Rossell, Ph.D., addresses how U.S. Monetary Policy impacts financial markets worldwide.

The Federal Open Market Committee of the Federal Reserve met and once again increased the Federal Funds Target Rate in September 2018. The impact of the most recent rate increase is being felt in financial markets worldwide, but unlike the last time we had a crisis like this in the late-1990s, there is no spillover effect into healthier markets.

After the financial crisis of 2008, the Federal Reserve kept interest rates low for about 10 years. A low interest rate environment in the United States tends to have two effects on emerging markets:

1. Global investors look worldwide for higher returns. Therefore, financial and bond markets do well in peripheral countries such as the Philippines, Indonesia, Turkey, Brazil, Argentina, South Africa and Russia.

2. Countries outside U.S. borders borrow in dollar denominated bonds.

However, as interest rates in the United States begin to rise, the opposite occurs:

1. Funds flow out of emerging markets.

• Stock markets in the Philippines, Indonesia, Turkey, Brazil, Argentina, South Africa and Russia have not done well yearto-date.

2. Debt borrowed in denominated dollars becomes more expensive to service.

• Interest rates have risen in Argentina.

• Turkey is experiencing a currency crisis.

Contact Christy and Garth Gillespie for more information on the real estate market.

A healthy home supports and protects the health and safety of its occupants. According to Vickie Memmer of Teton Healthy Homes, most people spend about 70% of their time indoors, more for children and the elderly. “The air we breathe indoors can be more polluted than the outside air,” Says Vickie. But what makes a healthy home environment? Housing conditions can and should support good health. Here we are presenting healthy home principles as provided by the National Center for Healthy Housing. Healthy homes are:

Dry: Damp houses provide a nurturing environment for mites, roaches, rodents, and molds, all of which are associated with asthma.

Clean: Clean homes help reduce pest infestations and exposure to contaminants.

Ventilated: Studies show that increasing the fresh air supply in a home improves respiratory health.

Pest-Free: Recent studies show a causal relationship between exposure to mice and cockroaches and asthma episodes in children; yet inappropriate treatment for pest infestations can exacerbate health problems, since pesticide residues in homes pose risks for neurological damage and cancer.

Safe: The majority of injuries among children occur in the home. Falls are the most frequent cause of residential injuries to children, followed by injuries from objects in the home, burns, and poisonings.

Contaminant-Free: Chemical exposures include lead, radon, pesticides, volatile organic compounds, and environmental tobacco smoke. Exposures to asbestos particles, radon gas, carbon monoxide, and secondhand tobacco smoke are far higher indoors than outside.

Maintained: Poorly maintained homes are at risk for moisture and pest problems. Deteriorated lead-based paint in older housing is the primary cause of lead poisoning, which affects some 535,000 U.S. children.

Thermally Controlled: Tenants and homeowners are at risk for various health problems related to prolonged exposure to excessive heat or cold when their homes do not maintain adequate temperatures.

Good home maintenance can act to reduce allergens, prevent illness, and reduce injury from accidents. When was the last time you inspected your attic for leaks, or looked in in your crawl space for signs of moisture or pests? What about your dryer vent? Is it vented to the exterior of your home or does it dead end in your attic? When was the last time you checked it for lint accumulation that could pose a fire hazard?

If you have questions about a healthy home environment, we are happy to assist. We provide health and wellness services through Jackson Hole Real Estate Associates/Christie’s International Real Estate’s Chief Wellness Officer and Programs. Contact us for more information.

 

In the latest edition of Global Economic Insights, LeadingRE’s Chief Economist Dr. Marci Rossell, Ph.D., addresses global price appreciation and a few factors that price appreciation is dependent on.

In many places around the globe, home prices have appreciated significantly over the past few years, which leaves people wondering whether or not the appreciation will continue.

Price appreciation is dependent upon the security of the job market and potential buyers being comfortable with their income.

Contact Christy and Garth Gillespie for more information on the real estate market.

On behalf of our team of dedicated professionals at Jackson Hole Real Estate Associates, we are pleased to present our comprehensive market report for the third quarter of 2017. In this detailed report, you will find information on the market segments making up the Jackson Hole area. As the market leader in Jackson Hole, we have developed a more dynamic report that sheds fresh light on the insights and trends that are shaping our real estate market.When comparing the first three quarters of 2017 to the same period in 2016, the Jackson Hole real estate market remained steadfast. With inventory in short supply (down 11%), the number of transactions kept pace with last year. Nonetheless, demand for property in Jackson Hole remained very strong, which contributed to the increase in average sale price. The price segment with the most market share was the $500,000 – $1 million price segment with 37% of total transactions. The Town of Jackson had a 7% increase in transactions. The area furthest south of Jackson experienced the largest increase in transactions, up about 50% over last year. Approximately 43% of the transactions this year were cash transactions.

The overall market continued to experience a lack of inventory, down 11%. New, realistically-priced properties sold the quickest. In fact, the average number of days a property was on the market dropped 28% when compared to a year ago. View full report by clicking here.