It’s Summer time! Let’s talk about “Bubbles”
“Are we back to the bubble of 2007?” is a common question that we are asked as real estate professionals. It’s a tough question to answer because we don’t have a crystal ball, however we can look at the contributing factors of the prior bubble and subsequent burst, and attempt to make some professional conclusions. […]
2014 First Quarter Luxury Real Estate Sales
The luxury market in Steamboat continues to improve following the national trends that “luxury is back”. In the first quarter of 2014, there were 18 sales of property over $1 million ranging from a Storm Meadows townhouse at $1,025,000 to the Red Bell Ranch which sold for $5,700,000. The average selling price was 92% of […]