A New Year And A New Market

Monday, January 10, 2011

I don’t think it has come as a surprise to anyone that 2010 was a much better year for Steamboat real estate sales than 2009.  It looks like sales through the mls will be up about 20% from last year, but still a far cry from the levels of 2006 and 2007.  We are definitely seeing more bargains coming to the market and there are Buyers waiting for the deals.  The title companies are reporting a much lower fall out rate which is indicitive of a higher confidence level from the Buyer.

Enough about business though, let’s talk about the 18″ of cold, fresh, powder that we all got to ski yesterday while all the visitors here for the Musicfest were sleeping off their hangovers!  What an awesome day!  The mountain is now reporting over 200 inches of snow so far this year and it is still early season.  Back in the days when we had an outdoor hockey rink, if it was a good ski season, it would be a bad hockey season because they would cancel our games if there was too much snow on the ice.  It’s a bad hockey season so get out and enjoy it!

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