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…

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…

Teton County, Wyoming – Jackson Hole – 1st Quarter Preliminary Real Estate Results –April 6, 2009

1st Quarter Real Estate Results for Jackson Hole, Wyoming It will go down as a quarter to forget… Probably the weakest quarter of results that Teton County, Wyoming has seen in recent history. This on the heels of a rather bleak report in the 4th quarter of 2008 where we only had 48 units sold…

Top Real Estate Deals in Jackson Hole — Top Picks Updated!

Update – Update – Update Christy and I just updated our “Top Picks” of the week at www.JacksonHoleExperts.com. Please check them out. The week in review for Jackson Hole real estate according to the Teton County Board of Realtors Multiple Listing Service is as follows: There were 10 listings that experienced significant price reductions. Listings…

Good News On Housing! Anything Happening with the Jackson Hole Real Estate Market?

We woke up this morning to good news on Wall Street as reaction to the new “Toxic Asset” program was cheered by traders with big movement in the financial sector. Wall Street is also reacting to better than expected housing data. The interesting stat to notice is that this is the first time housing sales…