Steamboat Homes

A recent upswing with the trends in the real-estate sales has Realtors and market analysts discussing the possible turn around in the overall state of Steamboat’s home sales. “Doug Labor…[who] tracks market trends for the Board of Realtors, sees room for optimism in transaction volume. After seven consecutive quarters of decline going back to 2007, the end of September marked the second consecutive quarter in which the number of sales has grown.” With this positive change, the debate now surrounds whether two quarters is enough to sufficiently mark a change in the overall market health. Jon Wade, a local Realtor, comments on the outlook of the market stating, “It’s a challenging market…You can navigate it based on your dreams of what you want to happen, or you can navigate based on complete pessimism. But when you navigate it based on real knowledge and data, it’s better for all of us.” Whether two quarters is sufficient enough for a turn-around will only be determined in time, in the mean time, it is essential to look forward and have a positive outlook on our future.

These facts along with the recent, positive change for real estate in Steamboat are scheduled to be a part of the discussion at the upcoming Real Estate Roundup and Expo hosted by Colorado Group Realty. The first half of the Roundup is an expo, involving 35 local builders, designers, developers, engineers, lenders and title companies. Later on in the evening will is a Real estate update, followed by a talk on the foreclosure sale process by Richard Evans, of Stewart Title. Sure to be an educational discussion, be sure to stop by the Steamboat Grand at 4pm this Thursday. Hope to see you there!

Realtors Hope Trends Signal Market Stabilization

Related posts:

1. Routt County Real Estate Looking Positive
2. Another Successful Real Estate Roundup In Steamboat
3. Sales in Routt County Continue to Move in Positive Direction

This entry was posted on Monday, November 2nd, 2009 at 10:55 am and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.