Feb

Welcome to The Paoli Group Market Update

Our examination of the Steamboat Springs real estate market.

www.steamboat-springs-developments.com | The Paoli Group Blog | Members

There is no denying this is a challenging time. People are expressing their concerns and trust has been jeopardized. The new buzz word of transparency trickles down from our President to our neighbors. It seems people are taking great comfort in not being alone in their fears and troubles. I guess you could say we are all in the same “boat”. Even in these unsettling times bright spots emerge amid all the economic doom and gloom. One particular example is, if you can, now is a great time to build. The costs of steel, iron, asphalt, roofing materials and other construction materials have decreased because of lower diesel prices and the global slowdown. Contractors are competing heavily for projects bringing a wider range of bids.

Also, industries are banding together more than ever and getting their voice heard. The National Association of Realtors recently secured that homebuyers will see lower interest rates for home mortgages, a greater ability to get financing through FHA, Fannie Mae and Freddie Mac in high-cost areas, a tax credit incentive to buy a home now, foreclosure mitigation and short-sale standards.

From the message in the Oscar winning movie, Slumdog Millionaire, great things can happen with the power of hope! Stay hopeful!

We hope you find this newsletter helpful and welcome any questions you may have
regarding it.

Give us a call or send us an email.

scroll down for more details

Article of Interest

Here is an interesting article with a positive tone based on history. It is a strong reminder why it is important to reflect on history.

If you think this recession is the worst since World War II, chances are you weren't born or working during the downturns of the 1970s and '80s, you're listening to President Obama too much or you're a white-collar worker in financial services.

If all three are true, you may even think we’re on the verge of another Great Depression.

At this point, the only thing that may be true is your age and employment status.

Click Here To View Full Text

scroll down for more details

January 2009 Market Analysis for Routt County

Market Comparison Charts

There are 6 separate PDF files. (click the titles to view pdfs)

1.  Routt Market = Volume versus Units sold (included numbers back to 2004).

2.  Routt Chart = Market Comparison Chart. click here

3.  Routt Area = Sales by Area (including a running tally from the beginning of 2009).

4.  Routt Interval = Interval Breakdown (including a running tally from the beginning of 2009).

5.  Routt Price = Price Points (including a running tally from the beginning of 2009).

6.  Routt Lender = Top Lenders for the Month (when a Deed of Trust is recorded, we take the actual name of the financial institution that was on that Deed and come up with those numbers).

scroll down for more details

Featured Properties

Chateau Saisons

Steamboat Springs premier estate property is set on 53 acres behind private gates on a secluded mountaintop with views of the Steamboat Ski area. With seven bedrooms, five with en suite bath, as well as a detached guest house, you'll never run out of room for family or guests. The majestic master suite features a stone fireplace, an executive office, a fitness room and a balcony with views of the lake and surrounding mountains. Watch a movie floating in the indoor pool, or go to the amazing professional theater with a star ceiling and curved screen. Outside, enjoy 8000 sq ft of stone patios, including a covered stone deck with fireplace, an exotic water garden, fountains, 2 hot tubs and a sauna.

#121990

Click here to view property

Windemere Ranch

Windemere Ranch is truly a unique property, with 352 acres, Windemere Lake and a pond only 9 miles to downtown Steamboat. It has been master planned for the ultimate family retreat. Extensive fencing and a riding arena were added to create a horse enthusiasts dream. To preserve the natural perfection of Lake Windemere and the ranch, the property was placed in the Exclusive Nature Conservancy conservation easement.

#122260

Click here to view property

Lot 52 Sanctuary Subdivision

Motivated Seller. Bring all offers for this great building lot on a cul-de-sac in the Sanctuary subdivision. Perfect for a family. Nice yard potential, with mature trees. Lot comes with plans for a 5,000+ sqft home.

#123067

Click here to view property

Sanctuary Subdivision

The best vacant lot in the Sanctuary subdivision. Located in an aspen grove with incredible views of Steamboat Ski area, Emerald Mountain and the Flattops. This lot is very private, with great sun exposure on Heavenly View Drive.

#124376

Click here to view property

Development Parcel - Highway 40

Great development parcel with Highway 40 frontage. Excellent location and all usable land.

#122489

Click here to view property

Sanctuary Subdivision Lot

Great single family lot in on very private Aspenwood Cir. located in the Sanctuary neighborhood. Flat lot with trees. Backs up to hiking/cross country ski trails and fish creek

#124446

Click here to view property

Deer Clover - FISH CREEK AREA

Great 1 acre building lot with 180 degree views at the end of a very private cul-de-sac. Surrounded by aspens and backing up to open space, this lot is one of a kind being so close to downtown yet in the county! Lot comes with Engineered plans for a 7,000 sqft home designed to maximize views and the incredible aspen grove surrounding the property. This is one of the best lots near town!

#122625

Click here to view property

Custom Fish Creek Home

185 Sleepy Hollow is a must see for value and quality. Custom upgrades include: Hickory hardwood floors throughout main level, entran heat, master bedroom fireplace, master bath steam shower, Thermador kitchen appliances, upgraded kitchen counter space and cabinets, central sound system, custom paint and more.

#124171

Click here to view property

Beautiful 270 Degree Views

Beautiful 270 degree views from this exceptional building lot. Owners bunkhouse and excellent equestrian facilities. 1200 acre open space preserve with trails for owners recreational use. Only 7 miles to Steamboat Ski area

#124052

Click here to view property

Nature Sanctuary Close To Town

Beautiful, secluded, heavily wooded 7.63 acre lot with pond. Build your dream home in this private, nature sanctuary close to town.

#124162

Click here to view property

Fish Creek Land

Build your dream home (single family or duplex) in this fantastic family neighborhood. Stroll down Old Fish Creek Falls Trail to all the amenities of downtown. Enjoy amazing sunsets and beautiful views of Buffalo Pass, Strawberry Park and Sleeping Giant.

#124206

Click here to view property