Real Estate Sales Hit Highest Level in Four Years

According to a new article in the Denver Post, a late end of the year surge in the market pushed 2012 resort area real-estate sales to their highest levels since 2008.  Steamboat has seen a slower rebound than some of the other resorts in the state, but we still had a 7% increase in sales.  Steamboat usually shows a lag in trends behind

DSCN0082 national cities, Denver, and even some of the closer resorts to the Front Range.  That being said, maybe it’s a good thing because as people miss the bottom of the market in other areas, they still have a chance to scoop up a great deal in Steamboat. 

 

Some trends are showing that investors are shifting from financial returns to lifestyle returns; meaning people are less scared of losing money and more interested in living the lifestyle they want. 

 

Many people think that the market has seen the bottom and will now start to rise.  People realize that if they get in the market now, they are not facing the risk of large price drops. 

 

See the full Denver Post Real Estate article here.

 

Come take a look at what we have to offer in Steamboat.  We hope to see you soon and are very encouraged by the recent uptick in activity.  Call us if you would like to see any Steamboat Real Estate or if you have any questions about properties around town.  Take care and enjoy the coming spring!

 

Sincerely,
The Vanatta Group
The leader in Steamboat Real Estate – from luxury to affordable

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