Market Update – February 2013

Wow! What a roller coaster of a year! Looking back, the Jackson real estate market had an extremely quiet spring and picked up in July with consistent activity through December. Frankly, we have been waiting a LONG time to say that. Average sales prices overall for 2012 are showing a 22% increase over 2011 proving…

Investment and Vacation Homes in Jackson Hole, Wyoming

Jackson Hole has many Vacation / Second Homeowners and we are seeing an increase in these type of buyers.  This graph was put together by the National Association of Realtors and the Wall Street Journal.  The graph explains that Vacation Home sales increase 7% from 2010 to 2011.  The Jackson real estate market mirrored this increase…

Is it time to buy a Vacation Home in Jackson Hole?

A recent Wall Street Journal article suggests the clouds may be lifting over the national vacation home market, especially in the luxury segment of the real estate market. Overall, the second-home market is down 11% from 2009 and roughly 25% from 2006, compared to a 22% drop in the overall housing market, according to the article.…