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The Buyer’s Market in Steamboat…

Now is the time to take advantage of our Buyer’s Market.  Over the last 4 years we have had record breaking real estate sales activity.  I am very happy to say that my Buyers now have the incredible opportunity to invest in Steamboat Springs at the best time ever for the following reasons.

  1. Lower prices mean you can get more condo/townhome/house for your money.
  2. More homes to choose from.  You can pick the best.
  3. Less competition from other buyers…take your time without bidding wars forcing you to pay more than you want.
  4. Steamboat real estate is the best alternate investment to the stock market.
  5. Rentals in Steamboat are still strong.  Some might even cash flow.
  6. Interest rates are the lowest they’ve been in 30 years.
  7. Owning Steamboat real estate gives you an excuse for you, family and friends to come to Steamboat.

It is important to note that even though 2007 posted over 1 billion dollars in sales, 2008 had a 56% decline which is still the fourth highest amount ever posted in the MLS.  Please let me know if you would like a detailed market analysis emailed to you.

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