Why Are Real Estate Prices Dropping Substantially in Jackson Hole’s Real Estate Market?

Christy and I are getting this question from a lot of our seller’s and customers lately. Jackson Hole has a very limited amount of property that can be developed and there has historically been enough demand to raise prices. In today’s market we have seen a total slow down of transactions and willing buyers at…

Sotheby’s International Realty – Jackson Hole Brokerage – Jackson Hole Real Estate Report – 1st Quarter 2009

The final real estate results are finally in from our master “Statistic Wizard”, Leonard Kleiman. Unfortunately you did not have to be a master mathematician in the 1st quarter of 2009 as we only recorded 18 transactions for a total of $43.2 million in sales volume. Teton County, Wyoming could very well have it bottom…

Top Real Estate Values in Jackson Hole – Ask the Experts

Christy and Garth Gillespie, the Jackson Hole Experts at Sotheby’s International Realty, have just updated our Top Picks for April 23, 2009. Just about every 2 weeks we take a look at the Jackson Hole real estate market and look for the current “deals” in the market. We also review the current situation with pending…

Research Is Suggesting That Large Homes May Become A Thing Of The Past – In Jackson Hole?

Recent data is showing that homes being built today are smaller than they were in the beginning of 2008. In the third quarter of 2008 median home size was 2,090 square feet, down from 2,629 square feet in the second quarter of 2008. With housing prices dropping and the economy weakening, homeowners may be looking at homes […]

Mortgage Talk – Jackson Hole and the President

This morning President Obama took time to discuss the current economy and to bring up the fact that there are historic low mortgage rates for people to take advantage of. Refinancing seems to be the topic of most interest as there are opportunities for Jackson Hole homeowners to refinance and save money. Rates on 30-year…