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RssSteamboat Real Estate News

July 2014

After months of speculation and interest from developers, future of TIC campus is clear
Scott Franz
07-21-2014

For two years, developers, city officials and others have toured the office buildings and vehicle bays of the TIC campus with different ideas for its future.

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Yampa Valley Electric Association purchases TIC property for new headquarters
Scott Franz
07-21-2014

Yampa Valley Electric Association on Friday morning finalized the purchase of a large portion of what formerly was the TIC campus with the intention of making the property its new headquarters.

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June 2014

Steamboat design, build professionals use online community to attract clients
Michael Schrantz/Steamboat Pilot & Today
06-28-2014

In the not so distant past, one of the only ways to gather inspiration for home renovations and projects was to lug around stacks of design and architectural magazines — their pages dog-eared, left in tatters from overzealous scissors or torn out entirely.

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Routt County real estate market has strong May performance
Michael Schrantz/Steamboat Today
06-25-2014

May was a big month for Routt County real estate.

At more than $56 million, it was the largest dollar volume in more than a year and the best May total since 2008, according to a report from Land Title Guarantee Co.

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May 2014

Downtown sees active start to year
Michael Schrantz
05-25-2014

Downtown Steamboat Springs real estate started the year off right: The first downtown single-family home to sell for more than $1 million in a year and a half was the Werner family’s old house on Spruce Street in January, according to Realtor Charlie Dresen, of Steamboat Sotheby’s International Realty, who was a listing agent for the property.


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Land Title report shows slow 1st quarter for Routt County real estate
Michael Schrantz/Steamboat Today
05-14-2014

The Routt County real estate market’s first quarter was as unremarkable by its own standards as it was compared to the other mountain resort counties in Colorado.

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April 2014

Real estate report details 1st quarter results for Colorado mountain region
Michael Schrantz/Homefinder
04-28-2014

Colorado real estate inventory increased while sales slowed during the first quarter of 2014, according to a report from the Colorado Association of Realtors.

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Steamboat single-family home supply low under $450,000
Michael Schrantz/Steamboat Today
04-16-2014

Recent analysis from Zillow, a real estate website, shows that while the affordability of homes nationwide is better now than before the real estate bubble, prices in certain major metros are departing from what’s affordable with area incomes.

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Steamboat real estate market sees 1st quarter shift in single-family homes
Michael Schrantz
04-11-2014

The numbers are in for the Steamboat real estate market’s first quarter of 2014, and while there were the same number of transactions as in 2013, the composition is markedly different a year later.

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March 2014

Emerald Heights project sees 1st contract
Michael Schrantz
03-15-2014

One townhome is under contract at the Emerald Heights project — the only multifamily building permit to be pulled in 2013 intended for the general public and the project that led to the suspension of Steamboat Springs’ community housing requirements.

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Steamboat City Council clears way to lift deed restrictions at Sunray Meadows
Michael Schrantz/Steamboat Today
03-12-2014

There were seven original deed restricted units at Sunray Meadows in a building that the developers of Edgemont purchased to partly fill their community housing requirement. Each owner had the same terms in their deed restriction but received vastly different subsidy amounts, ranging from $60,900 to $165,500.

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Land Title report compares mountain community real estate markets
Michael Schrantz/Homefinder
03-08-2014

When juxtaposed with the recoveries underway in other mountain communities, Routt County has some catching up to do.

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February 2014

2013 lacks strong trend for Routt County Building Department
Michael Schrantz/Steamboat Today
02-25-2014

The Routt County Regional Building Department saw the valuation of all new construction dip slightly from 2012 to 2013, from $78.8 million to $76.6 million, respectively.

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Harvey Street neighborhood concept revises plans
Michael Schrantz/Steamboat Today
02-19-2014

The Harvey Street neighborhood concept planned for Anglers Drive underwent major changes in late 2013 and is preparing to enter the city of Steamboat Springs planning process with a new look.

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2nd phase of Wildhorse Marketplace on the horizon
Michael Schrantz/Steamboat Pilot & Today
02-15-2014

The next phase of Wildhorse Marketplace could be in place by late 2015 or early 2016.

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Multifamily development earns approval from Steamboat City Council despite neighbors' objections
Scott Franz/Homefinder
02-12-2014

City planning staff received a “substantial” amount of public feedback on the Chadwick Estate Villas project near the base of Steamboat Ski Area.

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Steamboat condo market continues to shift
Michael Schrantz / Homefinder
02-08-2014

The condo market in Steamboat Springs has undergone several shifts since the boom times of 2007.

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Walton Village condos see increases in sales, prices
Michael Schrantz/Homefinder
02-03-2014

More recently, Walton Village has seen an uptick in prices as the distressed units have been taken off the market and renovated units are making their way back into the inventory.

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Steamboat real estate company eyes growth
Michael Schrantz/Steamboat Pilot & Today
02-01-2014

Niffy McNiff Bube and her husband, Chris, have been building their own type of do-it-all real estate business in Routt County for the past couple of years.

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January 2014

Cook Chevrolet owner purchases Craig Ford
Michael Schrantz and Noelle Leavitt Riley/Steamboat Pilot & Today
01-29-2014

Cook Chevrolet owner Scott Cook is buying Craig Ford.
The deal is nearly finished, and Cook is happy to buy a local dealership — ultimately expanding his business opportunities in Craig.
“We decided that it was a good opportunity for some of our employees and some of their employees,” Cook said, noting that he will retain all 10 of Craig Ford’s workers. “We want to add to the people they got, and we want to grow the business.”

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December 2013

Prudential Steamboat Realty transitions to Sotheby’s International Realty brand
Michael Schrantz/Homefinder
12-15-2013

When the franchise agreement with Prudential runs out Jan. 1, broker/owners Cam Boyd and Pam Vanatta and their team of more than 50 sales agents will jump right into Sotheby’s International Realty.

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November 2013

Veteran-owned businesses recognized
Scott Franz
11-09-2013

When you first meet Rick Meoli, it’s hard to tell he found his passion for photography on the deck of an aircraft carrier more than 30 years ago.

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Black Tie grows through licensing
Michael Schrantz
11-02-2013

Now represented in ski towns in California, Utah, Colorado, Montana and British Columbia, Black Tie’s decision to start licensing its brand has proved successful for the Steamboat company and its individual owners.

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September 2013

Harvey Street seeks to create vertically integrated neighborhood concept in Steamboat
Michael Schrantz/Homefinder
09-27-2013

In a tough development climate for Steamboat Springs, a partnership including Routt County residents and nationally recognized developers and professionals is trying to create a neighborhood concept using high-efficiency logistics to deliver midlevel prices.

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August 2013

Group purchases land for conservation
Michael Schratnz
08-18-2013

An organization dedicated to improving public access to rivers purchased land at the confluence of Sarvis Creek and the Yampa River for $1,005,000, but anglers itching to drift a dry fly past one of the healthy trout known to be in this stretch of water will have to wait a little while longer.

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July 2013

Steamboat 700 back on market for $30 million
Tom Ross
07-18-2013

Steamboat 700, the 536-acre development parcel rejected for annexation by city voters in March 2010, is back on the market with an asking price of $30 million.

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Steamboat Barn Village sees early sales after lots hit market
Michael Schrantz/Homefinder
07-10-2013

Barn Village at Steamboat might have taken a while to work its way through the foreclosure process, but it wasted no time closing sales after the lots came back on the market.

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Luxury home in gated Stonebridge Park among late June building permits in Routt County
Tom Ross/Steamboat Homefinder
07-03-2013

The $2.6 million home is in the gated Stonebridge Park community close to Fish Creek and opposite Rollingstone Golf Course on Steamboat Boulevard. The general contractor for the project is Fairview Construction.

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June 2013

Beaver Valley Ranch south of Hayden sells for $9 million
Tom Ross/Steamboat Homefinder
06-29-2013

Beaver Valley Ranch has been managed as a low-key guest and hunting ranch with limited accommodations, according to company literature. 

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Buyers poised to pounce on attainable single-family homes
Tom Ross/Steamboat Homefinder
06-23-2013

A home in River Place on Dougherty Drive sold this week for $389,000. It’s in a desirable location near dedicated open space. But the three-bedroom, two-bath, single-family house, at 1,200 square feet, sold for $389 per square foot.

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May 2013

Affordable family homes scarce
Tom Ross
05-05-2013

Steamboat Springs’ real estate market still is in recovery, but single-family homes that are attainable for working families are not abundant.

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April 2013

47 lots at Barn Village set to return to market at reduced pricing
Tom Ross/staff
04-12-2013

 

The 47 unsold home lots in Barn Village at Steamboat will return to the active real estate market at reduced prices in early May.

 

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North Routt Elk River Guest Ranch back on the market
Tom Ross/Homefinder
04-07-2013

Elk River Guest Ranch access includes one-third of a mile of river access for trout fishing, 900 feet shared with five adjacent lots and another 900 feet that is exclusive to the guest ranch.

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March 2013

Purchase of 19 Marabou homesteads affords chance to reposition ranch preservation subdivision
Tom Ross/Steamboat Pilot & Today
03-29-2013

 

One of the first things that SF Capital principal Will Stolz did after his company purchased 19 Marabou Ranch estate lots this month for a little more than $12 million was to direct Marabou sales executive John Hillenbrand to remove them from the Steamboat Springs multiple listing service.


 

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Routt County sees boomlet in $4M sales
Tom Ross/staff
03-22-2013

 

The first three months of 2013 already have seen some eye-catching activity at both extremes of the market.

 

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Howelsen Place sees 2 sales at end of February
Tom Ross/Steamboat Pilot & Today
03-08-2013

As they did in December 2010, the luxury condominium projects completed in 2008 and 2009 in downtown Steamboat Springs have enjoyed a burst of activity this winter.

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Yampa diner, hotel sell for $2.5 million
Tom Ross/Homefinder
03-03-2013

Some eyebrows might have raised this week when Penny’s Diner and the nearby Oak Tree Inn in the small South Routt town of Yampa sold for nearly $2.5 million.

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February 2013

Kreissig, Baden team up to bring international Re/Max brand back to Steamboat
Tom Ross / Homefinder
02-24-2013

Broker/owners Kimberly Kreissig and Stephan Baden, who have a combined 43 years of experience in real estate, have opened their office at 155 Anglers Drive between town and the mountain.

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Casey’s Pond to open in October
Tom Ross
02-16-2013

Construction workers toiled through the weekend of Feb. 9 and 10 to complete the roof on Casey’s Pond Senior Living community near the south entrance to the city of Steamboat Springs, and with windows being installed at a brisk pace, the day when the project will be heated is coming near.

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Former Harley executive: Resorts need to inspire guests
Tom Ross/Steamboat Pilot & Today
02-09-2013

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Homes in Steamboat Springs less expensive to buy and own than in 2004
Tom Ross/Homefinder
02-02-2013

Realtor Chris Paoli cites data that reveal fewer listings, a decline in foreclosure notices and homes selling well below their replacement cost.

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January 2013

New look for oldie but a goodie
Tom Ross
01-26-2013

One of Steamboat’s venerable resort condominium buildings in the heart of the ski base is on schedule for a million-dollar exterior renovation this summer.

 

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Emerging from a slump
Tom Ross
01-19-2013

The recovery in Routt County and Steamboat’s homebuilding market has been a little like climbing a set of stairs — one step at a time.

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Ownership shuffling, land acquisitions and new office space all part of the picture at two base area development projects
Tom Ross/Homefinder
01-13-2013

Changes are afoot at Wildhorse Meadows, a residential development near the Meadows Parking Lot, and Wildhorse Marketplace, a separate commercial development farther south on Mount Werner Road. One of the results could be more than 12,000 square feet of new office space.

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42 new apartments are on city agenda
Tom Ross
01-05-2013

The Steamboat Springs City Council will meet for the first time in the New Year on Tuesday and consider approving a new 42-apartment building at Whistler Road and Sky View Terrace.

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December 2012

New phase emerges in market
Tom Ross
12-30-2012

With the sales of 10 luxury townhomes in three projects at the base of the ski area totaling $10.8 million in the second half of 2012, that segment of the Steamboat market has seen bank-owned properties come off the multiple listing service, signaling they could be entering a new phase where relative scarcity of product and market sales begin to move prices upward.

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2nd Trailhead Lodge auction in Steamboat nearly clears out distressed inventory
Tom Ross/Homefinder
12-22-2012

Prices paid per square foot for Trailhead Lodge condos during the Dec. 15 auction began at $259 for a pair of one-bedroom units on the second floor.

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Looming fiscal cliff adds urgency to Routt County real estate market
Tom Ross/Homefinder
12-22-2012

Unofficially, 13 homes in Routt County have sold this month for prices between $400,000 and $600,000.

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Building permit activity shows positive signs
Michael Schrantz
12-16-2012

As the Routt County Regional Building Department closes another year, small changes are afoot.

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Moving Mountains caters it all
Tom Ross
12-01-2012

Robin and Heather Craigen have moved a lot of mountains on behalf of their guests since they first introduced their concept to the Steamboat market 15 years ago of fully catered vacations.

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November 2012

Real estate sales bounce back in October on $43M in sales
Tom Ross/Homefinder
11-25-2012

The last time Routt County saw more than $40 million in October real estate dollars was in 2008, when it crested $49,600, according to Stan Urban, of Land Title Guarantee Co.

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Sleigh rides offered this winter
Tom Ross
11-18-2012

Steamboat Ski Area will unveil horse-drawn sleigh rides at the city-owned Haymaker Golf Course this winter.

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Remodeling homes with views
Tom Ross
11-04-2012

Residents of the Tree Haus subdivision always take the best photographs of fireworks over Steamboat Ski Area, rainbows in front of Thunderhead and alpenglow on Storm Peak.

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October 2012

Rare new product in Steamboat
Tom Ross
10-21-2012

Kim and Peter Kreissig are bringing back the rarest of real estate species in the Steamboat Springs real estate market: new spec duplex townhomes. Perhaps most significant, they have encouragement in the form of a buyer suggesting they might have tapped into a product category that is readying for a comeback.

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Retro ski chalet holds down choice spot
Tom Ross
10-06-2012

Can a classic but dated ski chalet built circa 1972 in one of Steamboat’s most exclusive neighborhoods sell for more than $1 million? Realtor Cam Boyd, of Prudential Steamboat Realty, and his clients are testing that hypothesis as Steamboat Ski Area gets ready to celebrate its 50th anniversary.

 

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September 2012

Boulder Ridge adds 2nd developer home sale
Tom Ross / Homefinder
09-29-2012

The pending sale at Boulder Ridge confirms the developers’ conviction that there is a market for new homes in the price point between $1 million and $2 million.

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Effective condominium project
Tom Ross/Homefinder
09-09-2012

One Steamboat Place, the luxury condominium project at the base of Steamboat Ski Area, entered September with $46 million in sales in the preceding 12 months and $27 million year-to-date when pending contracts are taken into consideration.

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Steamboat Realtors list home of 'Million Dollar Listing' TV Realtor's parents in Creek Ranch
Tom Ross/Homefinder
09-02-2012

Steamboat Realtors reached out to reality TV star and former Steamboat resident Ryan Serhant to see whether he would be interested in generating publicity to help market his parents' home.

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August 2012

Economist: Improved market will benefit next president
Tom Ross/staff
08-11-2012

The chief economist for the National Association of Realtors told a Steamboat audience Thursday that whoever becomes the next president of the United States, whether it’s President Barack Obama or President Mitt Romney, will be a lucky man, indeed.

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July 2012

On the Market: 6 Steamboat homes on parade in Saturday tour
Tom Ross / Homefinder
07-28-2012

The 2012 Steamboat Springs Parade of Homes, presented by Colorado Group Realty, will take place from 10 a.m. to 4 p.m. Saturday. 

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May condo auction boosts Routt County June sales
Tom Ross / Homefinder
07-20-2012

The closings of sales involving 15 condominiums in Trailhead Lodge last month helped put the Routt County real estate market in the pink for June when dollar volume of $65.4 million was up 64.57 percent from June 2011, when it was $39.7 million.

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Steamboat real estate trends hint at healthier market
Tom Ross / Homefinder
07-18-2012

Total dollar volume and the number of transactions through the first six months of 2012 are up from 2011. However, the number of listings is higher, and the average transaction price is lower.

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Steamboat real estate inventory dwindles in niche markets
Tom Ross / Homefinder
07-14-2012

Within specific price points and product categories, there are signs the Routt County real estate market is turning. The change is particularly evident in the city of Steamboat Springs.

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Pedal, petal combine at Saturday's Strings Kitchen and Garden Tour
Tom Ross / Homefinder
07-14-2012

The Strings Kitchen and Garden Tour has developed into the top fundraiser for the Guild of Strings Music Festival as well as the best opportunity for the public to glimpse some of the finest homes in Steamboat.

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Buyers snap up bank-owned Eco Corral townhomes
Tom Ross/staff
07-07-2012

The last week in June and the first week in July brought the sudden sale of four new-construction townhomes in Eco Corral in the Hilltop and Tamarack neighborhood of Steamboat Springs.

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Market sales add up for Marabou in the midst of foreclosures
Tom Ross / Homefinder
07-01-2012

Spring and early summer 2012 have marked an interesting time at the Marabou Ranch luxury land preservation subdivision west of Steamboat.

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Steamboat closes June with a couple of big sales
Tom Ross / Homefinder
07-01-2012

The sale of a $1.87 million condominium at One Steamboat Place on Friday put the finishing touches on the real estate month of June 2012. And if anything, this was a month when Realtors didn’t have to worry about carrying an umbrella in the car for their clients.

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June 2012

Joanne Erickson promotes Steamboat real estate abroad
Tom Ross / Homefinder
06-23-2012

The first flight from Tokyo’s Narita International Airport to Denver International Airport may not come packed with eager Asian buyers for ski town real estate. But it doesn’t hurt to be prepared.

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Yampa Valley Housing Authority hears plan to build affordable apartments at First Tracks
Tom Ross / Homefinder
06-16-2012

Members of the Yampa Valley Housing Authority board said this week that they would like to learn more about a proposal from Brent Pearson, of Resort Ventures West, to tap into federal tax credits that could help a third-party developer build out the remaining affordable housing units in Wildhorse Meadows.

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Majority of Trailhead auction condos in Steamboat have closed
Tom Ross / Homefinder
06-09-2012

A skier’s dozen of the Trailhead Lodge condominiums near the base of Steamboat Ski Area that sold at auction May 6 in Denver have closed in a flurry this week at prices ranging from $215,000 to $650,000.

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Supply of midlevel, bank-owned condos drying up
Tom Ross / Homefinder
06-03-2012

 

The most-asked question fielded by Realtors in Steamboat Springs is, without a doubt, “When will the market recover?” 

The answer often is that the local real estate market appears to have hit bottom and will recover gradually within niche products and price points.

 

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HARP floats hope for underwater homeowners
Tom Ross / Homefinder
06-03-2012

Dozens of Routt County homeowners have taken advantage of the federal Home Affordable Refinance Program, or HARP, to make it easier to remain in their underwater homes. And more are exploring that option daily, according to a Steamboat Springs mortgage lender. 

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May 2012

Supply of homes in Steamboat Springs for less than $425K is tightening
Tom Ross / Homefinder
05-27-2012

Historically low interest rates and depressed housing prices have reopened the opportunity for successful working families with great credit ratings to purchase a home in or very close to the city of Steamboat Springs. But there are signs that the inventory of those single-family homes is dwindling.

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Public invited to try its hand at community planning
Tom Ross / Homefinder
05-19-2012

Steamboat Springs and Routt County officials are inviting residents to play a high-stakes poker game that could influence how the city and surrounding land in the county are developed in the future. But it’s not like it sounds.

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Optional buying slows recovery
Tom Ross / Homefinder
05-12-2012

In a sign of the times, Tom Fox received 52 applications when his company, Fox Construction, ran a classified newspaper ad this spring seeking to hire a project manager and estimator.

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Average Routt County home price slips to $605,320
Tom Ross / Homefinder
05-05-2012

Routt County’s year-to-date average home price is down from $631,224 in 2011, according to Brooke Roberts, Land Title’s director of sales and marketing in the company’s Breckenridge office.

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Interest in commercial leases, construction ticks up in Steamboat
Tom Ross / Homefinder
05-05-2012

The physical evidence won’t be visible for a little while, but there are increasingly positive signs of new activity in commercial construction and leasing as well as multifamily development.

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April 2012

South Routt sees sales traffic in 1st quarter
Tom Ross / Homefinder
04-29-2012

The neighborhoods around the base of Steamboat Ski Area accounted for the bulk of real estate transactions and dollar volume in the first quarter of 2012, as they typically do. But the South Routt market — excluding Stagecoach, Oak Creek and Phippsburg — showed some surprising strength. 

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Affordable housing challenges persist in Routt County's down market
Tom Ross / Homefinder
04-21-2012

When Steamboat’s real estate market finally regains its equilibrium, the demand for affordable housing may see increased emphasis on rentals versus home ownership.

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Prices up while foreclosures dropping in Routt County
Brent Boyer
04-15-2012

A downward trend in foreclosure filings and an uptick in the median home price in Routt County could be signs of stability returning to the local real estate market, but the number of transactions involving bank-owned properties continues to slow turnover in the market

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One Steamboat Place hits spring sales groove
Tom Ross / Homefinder
04-07-2012

With five closings valued at a combined $7.81 million between March 28 and Monday, sales at One Steamboat Place seem to have found a sweet spot in the luxury resort market.

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March 2012

Urban Land Institute to help plan Yampa Street revitalization
Tom Ross/Homefinder
03-31-2012

The nonprofit Urban Land Institute will bring a team of development experts to Steamboat this summer to assess how best to unleash the potential of Yampa Street.

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Routt County unit volume lowest in 7 years
Tom Ross / Homefinder
03-24-2012

Dollar volume in the Routt County real estate market was up 6.7 percent to $22.45 million in February when compared with February 2011, but unit volume remains soft in the first quarter of 2012.

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Weathering an un-stormy season
Tom Ross/Homefinder
03-18-2012

Chris Diamond was blunt this week in describing to a group of business people the challenges his staff encountered while holding together the ski season that is vital to Steamboat Springs’ economic health.

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Strawberry Park house sells for $4 million
Tom Ross/Homefinder
03-10-2012

The clients weren’t asking for a miracle. They were looking for a luxurious home on a rural parcel with live water close to public schools near a good spot to hunt elk.

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Purchase of Porches of Steamboat unit highlights transactions
Tom Ross/staff
03-03-2012

There was mixed news on the real estate front this week, with the $2.58 million sale of a five-bedroom home in The Porches of Steamboat but a softening of pending sales.

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February 2012

Unique properties in Routt County getting impatient for spring
Tom Ross/staff
02-18-2012

Barring epic snowfall in March and April, the stage is set for the wide-open hay meadows wrapping Steamboat Springs to shed their cover of snow early and begin greening up in early May.

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77-unit condo building in Steamboat returns to city planning process
Tom Ross/Homefinder
02-12-2012

A resort condominium project envisioned for Burgess Creek Road in 2007 has returned to the city planning process with plans for 77 units in a building just north of the existing Bronze Tree project.

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Fannie and Freddie own 39 properties in Steamboat
Tom Ross/staff
02-04-2012

Among the 62 foreclosed homes actively listed on the local real estate market, 39 are offered by the federally sponsored mortgage packagers Freddie Mac and Fannie Mae. The list changes weekly, and the two entities often price the homes at some of the steepest discounts in the market. But not every time.

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January 2012

Roundup speaker: Normal home value appreciation could begin by mid-decade
Tom Ross/staff
01-27-2012

 

Don’t expect dramatic imp­rovement in the real estate market in 2012, but there’s reason to hope for a return to more normal appreciation in the value of homes by the middle of this decade.

 

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Architects follow different paths to success in tough climate
Tom Ross/staff
01-22-2012

Keith Kelly, of Kelly & Stone Architects, told an audience of business people last week that he and his partner, Tim Stone, are fortunate to have a growing list of clients outside Colorado during the economic downturn.

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Shopping center ownership restructured as Walgreens arrives
Tom Ross/staff
01-07-2012

The new Walgreens at Steamboat Crossings is targeting a quiet Jan. 27 opening date with a grand opening in late February, store manager Jared Aylor said Thursday. He also wanted to put out the word that he is looking for more local vendors whose products he can sell in the new store.

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December 2011

Steamboat’s Alan Krause named top executive for international engineering firm
Tom Ross/Homefinder
12-31-2011

The ambitious construction project now under way to expand the Panama Canal has the potential to shrink the globe and change Panama's economic fortunes. And Steamboat resident Alan J. Krause is in the thick of it.

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Trailhead Lodge notches 1st sale under new ownership
Tom Ross/staff
12-23-2011

Encouraged by a rapid response from the market to their initial offering of repriced luxury condos, the new owners of Trailhead Lodge in Wildhorse Meadows have put the most desirable of the remaining unsold units on the market in a move they acknowledge could influence the price of the remaining inventory at the building that was completed in 2009, just down the hill from the base of Steamboat Ski Area.

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Hahn's Peak Roadhouse brings new energy to North Routt
Tom Ross/Homefinder
12-18-2011

The North Routt community received a fresh jolt of enthusiasm this weekend with the opening of Hahn’s Peak Roadhouse, owned by Carroll and Darren Zamzow, formerly of Steamboat Springs.

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Edgemont begins pre-sales for new Steamboat townhomes
Tom Ross/Homefinder
12-18-2011

The Atira Group will launch the sales effort for the second phase of its luxury project adjacent to the Steamboat Ski Area slopes with the intent of beginning construction on four $2 million-plus townhomes in 2012.

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Subscribe Routt County foreclosure filings match 2010 numbers
Tom Ross/Homefinder
12-15-2011

The number of foreclosure filings in Routt County in 2011 suggests the real estate market will be feeling the impacts of distressed properties on pricing for some time to come.

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Gold-rush camp Columbine on the market for $1.6 million
Tom Ross/Homefinder
12-02-2011

There aren’t many places where an investor can purchase the entirety of a 19th-century Colorado gold-mining camp, but the historic hamlet of Columbine four miles north of Steamboat Lake is the real deal.

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November 2011

Hat shop and mulling spices business among new shops in Steamboat
Tom Ross/Homefinder
11-30-2011

Opening a commercial kitchen is no small challenge, but now that Fixins Kitchen is open at 135 11th St., local cooking instructors, caterers and food wholesalers don’t have to go through the brain damage.

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Steamboat's SportStalker ski shop to change name, not style
Tom Ross/Homefinder
11-20-2011

The SportStalker store at the base of the Steamboat gondola continues to lead the Christy Sports group in gross sales and profitability. But the iconic ski shop is about to give up its brand, and the sign out front will be changed to Christy Sports.

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Old Pilot Building in downtown Steamboat steers new course
Tom Ross/staff
11-13-2011

The Old Pilot Building was once a health care facility, but it was never, as the name implies, a home for aging aviators. Today, the building at 1041 Lincoln Ave. is under new ownership and is one of the largest downtown office spaces.

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Halloween was good to Steamboat Springs real estate market
Tom Ross/staff
11-05-2011

It would be premature to label this week’s burst of million-dollar-home sales a trend, Realtors agree. For lack of a better term, call it the Great Pumpkin Effect. Six high-end properties sold Oct. 31 and Nov. 1, effectively marking a bewitching trend or a spooky coincidence.

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October 2011

Trailhead Lodge buyer hopes to make a splash in Steamboat
Tom Ross
10-28-2011

Construction on Trailhead Lodge began in 2007, and the first units closed in 2009. Fifty-eight condos remain unsold. The building cost $71 million to build and comprises 184,000 square feet.

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September sees spike in home building permits for Routt County
Matt Stensland
10-14-2011

The number of single-family home building permits issued in 2011 has reversed a five-year trend of fewer such permits being issued each successive year in Steamboat Springs and Routt County.

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Routt County foreclosure activity increases in 3rd quarter
Pilot & Today staff and The Associated Press
10-14-2011

The number of Routt County homes entering the foreclosure process jumped 39 percent in the third quarter as 86 properties started the foreclosure process between July and September.

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Buyers, sellers make 4 connected deals in 3 days from Wyoming to Routt County
Matt Stensland
10-07-2011

A group of Steamboat Springs Realtors are using words like “remarkable” and “extraordinary” to describe a recent string of sales and purchases in the area.

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September 2011

Elk River Estates finds a market, continues hot streak of sales
Tom Ross/Homefinder
09-30-2011

The Routt County real estate market has produced some noteworthy values in 2011, but perhaps nothing to match this week’s sale of a family home in Elk River Estates.

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Cash is king in Routt County condo market
Tom Ross/Homefinder
09-24-2011

Cash is key in condo sales as the Steamboat Springs real estate market closes out the third quarter of 2011.

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Homeowners associations seize remodeling opportunities
Tom Ross/staff
09-17-2011

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Hotel Bristol in downtown Steamboat to swap clapboard for brick
Tom Ross/staff
09-09-2011

One of Steamboat Springs’ longest-enduring downtown hotels is due for a new brick and stone façade that could earn it a place on the list of contemporary and restored Lincoln Avenue landmarks that honor the past while acknowledging the present.

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August 2011

The Lodge, First Tracks at Wildhorse define mid-level ski condo niche
Tom Ross/staff
08-27-2011

Among the most self-evident trends in the Steamboat Springs real estate market this summer has been the downward arc of prices and, as a result, transaction amounts that reflect lower prices per square foot and are often significantly below either their last sale price or their valuation for 2011 taxes.

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Casey’s Pond senior community offers promise, but poses challenges
Tom Ross/staff
08-12-2011

The proposed Casey’s Pond senior living community is the biggest real estate development on Steamboat’s horizon, but if it opens on schedule before the December holidays in 2013, the new residents won’t be closing on the purchase of real estate. Nor will they pay a large, up-front sum to hold their place at Casey’s Pond.

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Commercial momentum builds in Steamboat Springs
Tom Ross/staff
08-05-2011

Commercial real estate has been a tough sale in the midst of the construction drought, but veteran commercial brokers say the autumn will bring a burst of activity in commercial leasing, particularly on Lincoln Avenue. Additionally, there are signs that well-established businesses in Routt County are getting ready to take advantage of 50 percent price reductions and low interest rates to move into new spaces.

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July 2011

Red Bell Ranch centerpiece of 119-acre wildlife sanctuary
Tom Ross/staff
07-30-2011

In summer 2011, as Steamboat’s real estate market continues the lengthy process of getting back on its feet and hitting full stride, a home priced at $12.875 million ought to be very special. Perched above the upper end of Strawberry Park, the singular home that is the centerpiece of a virtual 119-acre wildlife sanctuary at Red Bell Ranch makes the claim.

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Million-dollar properties draw attention from Texas and beyond
Tom Ross/staff
07-16-2011

It has already been a long, hot summer in Texas. Perhaps the weather is a contributing factor in the news that eight of the 45 buyers of million-dollar-plus properties in Routt County through May this year are from the Lone Star State.

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Houses near Priest Creek part of annual kitchen and garden tour
Tom Ross/staff
07-08-2011

Priest Creek wasn’t named after a man of the cloth but a pioneer, Chester Priest, who was the first settler on the little creek that pours off the southwest flank of Mount Werner. And the remaining evidence of Chester Priest’s years on Priest Creek will tie together two of the most interesting homes Saturday on the 2011 Strings Kitchen and Garden Tour.

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Investor picks up 2nd subdivision in Routt County
Tom Ross/staff
07-02-2011

When the market for modestly priced housing here someday turns upward and someday begins to stimulate demand for newly constructed homes, Steamboat Springs investor Steve Caragol thinks he’ll be positioned to dominate the market for appropriately priced building lots.

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June 2011

Alpine Mountain Ranch unveils $4.45M home as developers hope for high-end market rebound
Tom Ross/staff
06-25-2011

Andy Daly, of Alpine Mountain Ranch and Club, said Wednesday he’s cautiously optimistic that high-end buyers are more confident than they were a year ago, and he’s hopeful there will be significant interest in the $4.45 million home his company debuted to Realtors last week.

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Remodeling defines Steamboat's 2011 construction industry
Tom Ross/staff
06-10-2011

Were it not for remodeling projects to existing buildings, construction activity in Steamboat Springs and Routt County would be almost invisible early this summer. Specifically, alterations and additions to commercial buildings are carrying the local building industry through a deep trough.

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May 2011

Routt County ranch sells for $7.1 million sight unseen
Tom Ross/Steamboat Homefinder
05-28-2011

When a limited liability company based in Lampasas, Texas, closed May 18 on the $7.1 million sale of the 3,400-acre Bugler’s Ridge ranch outside Oak Creek, the purchase was made sight unseen.

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Routt County building permits see progress
Luke Graham/Steamboat Homefinder
05-21-2011

The dollar value of building permits in Steamboat Springs and Routt County continues to lag in 2011 but has started to show slight improvements through April and the beginning of May. That comes on the heels of March seeing only 11 permits in Steamboat and Routt.

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Showings yield competing bids on property near Steamboat Lake
Tom Ross/Steamboat Homefinder
05-13-2011

Throughout the long, deep North Routt County winter, the million-dollar home overlooking Steamboat Lake in Aspen Heights saw just two showings. Fortunately for owners Lee and Elaine Emery, both showings resulted in offers of purchase — on the same day.

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Routt County tax valuation declines 21 percent
Tom Ross/Steamboat Homefinder
05-06-2011

The tax valuation of property in Routt County dropped by more than $300 million in the past two years, but it wasn’t as steep a decline as Assessor Gary Peterson had feared. “Overall, values declined 21 percent compared to the 2009 reappraisal,” Peterson said.

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April 2011

Bank-owned sales up in Routt County
Tom Ross/staff
04-29-2011

The March market report released by Land Title Guarantee Co. on Thursday paints a statistical picture of the influence of bank-owned home sales on the Routt County real estate market. The number of all transactions in Routt County is up 22.76 percent through the first quarter of the year, yet dollar volume is off 24.34 percent. The sale of properties taken over by lenders help explain the fact that unit volume and dollar volume seem to be going in opposite directions

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Competing offers on Sunray Meadows condos signal Steamboat market change
Tom Ross/Steamboat Homefinder
04-22-2011

Realtor Lisa Ruffino has been tracking sales at the 136-unit Sunray Meadows condominium project on Village Drive for eight years and has seen it evolve from stalled construction project to red-hot seller’s market to “distressed city” and now, finally, to a property with increasing demand.

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Atira Group retires $45 million construction debt on Edgemont condominiums
Tom Ross/staff
04-15-2011

Edgemont, a slopeside condominium project at Steamboat Ski Area, put up its 10th transaction since July 1 this month with the $2.4 million sale of a three-bedroom plus den unit that was priced at $3.15 million last year and had the asking price reduced to $2.52 million. For the developers, Atira Group, the April 5 sale represented a significant turning point that wasn’t apparent from the outside looking in: It allowed Atira to retire the $45 million construction debt on the building that was completed in late 2009.

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$2 million the magic number for Routt County real estate
Tom Ross/Steamboat Homefinder
04-08-2011

The market for $2 million-plus homes is alive in Routt County. The valley saw 21 sales of improved residential units priced at $2 million and above in 2010. And there have been eight in 2011, including the March 31 sale of a home on Pebble Run for $2.03 million.

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Promenade, creek daylighting scheduled for Steamboat base area in summer
Mike Lawrence/Steamboat Homefinder
04-01-2011

Big plans are brewing for this summer’s phase of the multiyear, $20 million redevelopment project at the base of Steamboat Ski Area.
The taxpaying public is on the brink of seeing the most visible and talked-about payoffs of the base area redevelopment.

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March 2011

Demand for foreclosures up across Routt County
Tom Ross/Steamboat Homefinder
03-25-2011

While government leaders expressed concern this week about the continuing pace of new foreclosure filings, a local Realtor, who is among three who list distressed properties for Fannie Mae, said it appears the demand for foreclosed homes is outpacing the supply of them.

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Catamount home discounted to $4.75 million in Steamboat
Tom Ross/Steamboat Homefinder
03-18-2011

The Covered Bridge House at Catamount Ranch & Club was ahead of its time when builders broke ground in 2000, and its original architect said the features of the home still are up to the latest standards for the most expensive homes in the Yampa Valley.

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Realtor suggests investing in improvements could help move property
Tom Ross/Steamboat Homefinder
03-11-2011

In a housing market where most homes bought in the past six years are worth less than what the owner paid for them, it’s understandably difficult for sellers to invest in all but the most necessary improvements. However, one veteran Steamboat Springs Realtor says in the competitive million-dollar-plus market, tackling a major upgrade can set a home apart from the competition.

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Luxury homes are part of the market in Stagecoach
Tom Ross/staff
03-04-2011

The unincorporated South Routt County neighborhood of Stagecoach has been known throughout 2010 for strong buys on distressed lake-view homes. But the Stagecoach that wasn’t getting attention is the luxury home side of the county road.

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February 2011

Steamboat's Overlook Park exits foreclosure
Tom Ross/Steamboat Homefinder
02-26-2011

Overlook Park, a proposed 139-lot residential subdivision on Steamboat Springs’ far west side, has emerged from foreclosure and resumed the city planning process.

The 70-acre parcel immediately west of the West Acres Mobile Home Park and West End Village neighborhoods is on the market for $3.8 million.

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Casey’s Pond tab hits $38M
Tom Ross/staff
02-05-2011

The developers of the proposed Casey’s Pond Senior Living project said last week that they expect their new continuous care facility just off Walton Creek Road to cost $38 million and to create as many as 50 new jobs.

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January 2011

Yampa Valley Housing Authority seeks mill levy
Tom Ross/Steamboat Homefinder
01-28-2011

The board of directors of the Yampa Valley Housing Authority may be asking the voters of its district to validate its existence in fall with a new property tax that would provide it with a stable funding source.

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Foreclosures still mounting
Tom Ross/Steamboat Homefinder
01-21-2011

Jon Wade, of Colorado Group Realty, told an audience at a business outlook breakfast last week that an increased number of foreclosures seems inevitable in 2011, but he also pointed out some more encouraging signs in Steam­boat Springs’ housing market.

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Steamboat Planning Commission, City Council to weigh economic benefit of Walgreens
Tom Ross/Steamboat Homefinder
01-14-2011

A building proposal that some say represents economic development in Steamboat Springs ran into the realities of the city’s development code at a Steamboat Springs Plan­ning Com­mis­sion meeting last week when plans for a new Walgreens store were tabled until Jan. 27.

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Catamount sales pick up in Steamboat
Tom Ross/staff
01-08-2011

Catamount had been relatively quiet through the first 11 months of 2010, with two sales for a combined $3.83 million. Realtor Darlinda Baldinger said she finished the year with more than $10 million in sales at Catamount.

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December 2010

Entry-level prices return to Routt County real estate market
Tom Ross/Steamboat Homefinder
12-31-2010

In November, the real estate story in Routt County was defined by the sale of entry-level homes at attractive prices. Statistics researched by Bruce Carta, of Land Title Guarantee Co., revealed that of 48 residential transactions in November, 33 were at prices below $500,000. And of those 33, 20 were for less than $300,000. Eight homes sold for less than $200,000 — a price that was unheard of just three years ago.

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2010 marks record year for foreclosures, opportunity for some to enter market
Tom Ross/staff
12-24-2010

The real estate year in Routt County proved to be one of opportunity for some and a mixture of heartache and setbacks for others. Routt County Public Trustee Jeanne Whiddon confirmed that the number of foreclosure filings here crossed into uncharted territory Tuesday afternoon when her office recorded the year’s 300th notice of election and demand, which officially begins the foreclosure process.

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Building permits still slow in Routt County
Blythe Terrell/Steamboat Homefinder
12-17-2010

Building permits for single-family homes in Routt County continue to come through at a trickle, according to the most recent figures from the Routt County Regional Building Department. One permit was issued for a single-family home in Steam­boat Springs in November, bringing the year-to-date total to seven.

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Historic retail sign revealed in Steamboat store
Tom Ross/staff
12-10-2010

When Rick and Linda Petet bought the retail building at 908 Lincoln Ave. in late August, they knew they wanted to restore its narrow storefront to its original condition, but they didn’t know the historic treasure they would find when they stripped the interior. The Petets’ new store, Goodie 2 Shoes, opened this month, and visitors to the shop are confronted with a fresco advertising sign on the plaster wall behind the cash register.

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Steamboat Springs’ Old Town Realty signs on with Keller Williams
Tom Ross/Steamboat Homefinder
12-03-2010

Bill Starkey and his partner, W.C. White, of Evergreen, have just become the majority partners in longstanding Steamboat real estate agency Old Town Realty, which is poised to become a Keller Williams Realty franchise as soon as they can get the banner up over the office.

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November 2010

Buyer’s agent Doug Labor opening unique real estate office in Steamboat
Tom Ross/staff
11-27-2010

It’s rare when a moose, living or otherwise, plays a pivotal role in a real estate transaction. But that’s the situation veteran Realtor Doug Labor and his wife, Mary, found themselves in this autumn. And the Labors were the buyers. They purchased the 2,263-square-foot commercial building at 56 Ninth St. next door to Off the Beaten Path Bookstore for $652,500. And the moose came with the building.

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Downtown Steamboat redevelopment projects beginning to see return of high-end buyers
Tom Ross/Steamboat Homefinder
11-19-2010

Four downtown redevelopment projects that came of age in the recession quietly are putting up some noteworthy numbers this fall — and one, The Victoria, is resurrecting itself.

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7 banks foreclose on One Steamboat Place
Tom Ross
11-17-2010

Burden said SV Timbers is not broke; the development group includes two multibillion-dollar companies who believe in the project, and together, they have $50 million in non-debt equity they aren’t about to abandon. Instead, they’ve made it plain to the banks that they will inject more capital into the project.

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Speaker at real estate expo provides honest news to industry professionals
Tom Ross/Steamboat Homefinder
11-12-2010

Karen Mayfield, Thurs­day’s keynote speaker at Colorado Group Realty’s fourth annual Real Estate Roundup and Expo, all but promised her audience that she wouldn’t cheer them up. And before she launched into the bad news, she offered that ray of hope: “We’re through the worst,” Mayfield said. “We’re going in the right direction.”

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Walgreens plans resurface in Steamboat
Tom Ross/Staff
11-05-2010

More than five years after it first appeared on the horizon, Wal­greens, the publicly traded chain of pharmaceutical and general merchandise stores, is making another bid to come to U.S. High­­way 40 and Pine Grove Road.

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October 2010

Yampa Valley land desirable again
Tom Ross/Steamboat Homefinder
10-29-2010

After languishing all summer, land deals are coming to the fore in the Yampa Valley during the fourth quarter of 2010. Realtor Chris Wittemyer said the developers of Barn Village closed the sale of four single-family lots last week — all four to a longtime Steamboat resident.

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Old Town Steamboat still home to $1-million-plus asking prices
Tom Ross/Steamboat Homefinder
10-22-2010

Some noteworthy real estate activity has taken place in Old Town Steam­boat Springs this month, but there is still only a relative trickle of buyers looking for values.

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Buyers’ interests growing in bank-owned properties, short sales
Blythe Terrell/Steamboat Homefinder
10-16-2010

Foreclosures could be slowing down in Routt County, but interest in them is growing.

There are 38 single-family residential properties in foreclosure across the county, said Beth Bishop, of Prudential Steamboat Realty. In September, there were 12 closings on foreclosed properties. In October, 18 are under contract and three have closed, she said Friday.

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Wyndham buys ResortQuest
Tom Ross/Steamboat Homefinder
10-08-2010

One of Steamboat Springs’ resort property management companies, ResortQuest Steamboat, has aligned with the vacation exchange and rental division of global vacation giant Wyndham Worldwide Corp., raising the potential for tapping into a new well of vacationers.

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Riverfront Park commercial tracts sell for almost $5 million in September
Tom Ross/Steamboat Homefinder
10-01-2010

When three separate pieces of Riverfront Park sold for nearly $5 million this month, it was a combination of well-established tenants and dev­­­elopment potential that sealed the deal.

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September 2010

Dakota Ridge home listed at $4.1 million aims for new top-of-market standard
Tom Ross/Steamboat Homefinder
09-24-2010

The top end of the Steam­boat luxury home market continues to sort itself out after a season that saw a home on Anglers Drive sell in April for $4 million, down from an original asking price of $6.7. The transaction at once affirmed the desirability of the Steamboat market and the need to reset prices.

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Development team tackles rare spec home
Tom Ross/staff
09-17-2010

David Josfan broke ground on a new spec home in Boulder Ridge this week and he already can visualize the car the likely buyers will drive up in. Josfan isn’t psychic. He just has a finely tuned sense of the Steamboat market for a $1.695 million home in late 2010 and 2011.

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Wyndham timeshares dialed in to Steamboat market trends
Tom Ross/Steamboat Homefinder
09-10-2010

Routt County residents who don’t follow the valley’s real estate market closely might be surprised to find out who is selling the most vacation homes here in 2010. Wyndham Vacation Owner­ship has sold more than 650 timeshares totaling more than $45 million at The Village at Steam­boat through the first eight months of 2010.

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Seven-figure success
Tom Ross
09-08-2010

The next big news in the seven-figure market could come from the Doug Martell-developed home in Catamount Ranch that is owned by Bank of America and listed by Ryan Stafford of High Mountain Sotheby’s. It recently went under contract.

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August 2010

Professional ski instructors finally own a piece of the ‘Boat
Tom Ross
08-30-2010

“Remember that the dream begins with a teacher who believes in you. One who tugs and pushes and leads you to the next plateau.”

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Pending contracts see growth in August
Tom Ross/Steamboat Homefinder
08-27-2010

It’s the pending sales that are most telling about what’s happening right now in the market.  “The number of pending contracts right now is 100 compared to 70 in the third week of July,” Realtor Jon Wade, of Colorado Group Realty, said Wednesday.

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Beauvaises sell to Sun Valley, Idaho brokerage
Tom Ross
08-26-2010

The Beauvaises will remain active in the Steamboat office where she will be the broker of record.

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Steamboat Springs sees spike in mortgage refinancing
Tom Ross, Steamboat Pilot & Today
08-22-2010

Steamboat Springs mortgage lenders say their business is picking up in line with a national trend that has seen mortgage refinancing applications come in faster than they have since May 2009. But that doesn’t mean there aren’t challenges.

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Hayden homes can be had for less than $200 per square foot
Tom Ross/Steamboat Homefinder
08-20-2010

Blue-ribbon livestock was on display in Hayden during the Routt County Fair last week, and so were some of the county’s best home buys on a per-square-foot basis. A 2,723-squ­are-foot single-family home at 101 S. Third St. that is priced at $96 per square foot.

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Nearly half leave federal mortgage-aid program
The Associated Press
08-20-2010

Nearly half of the 1.3 million homeowners who enrolled in the Obama administration’s flagship mortgage-relief program have fallen out.

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Mortgage rates hit low of 4.42 percent
The Associated Press
08-20-2010

Mortgage rates fell to the lowest level in decades for the eighth time in nine weeks, a sign that investors are concerned about the weak economy.

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Open houses serve as real estate's speed dating
Tom Ross/Steamboat Homefinder
08-13-2010

Michelle Garner, of Pruden­tial Steamboat Realty, looks forward to hosting open houses, not because she expects to sell the house where she spends a Saturday afternoon, but because an open house can be the real estate equivalent of speed dating.

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Foreclosure sales indicate not all bank-owned properties are the same
Tom Ross/Steamboat Homefinder
08-13-2010

Steamboat Springs Realtors increasingly are dealing with distressed properties in the recessionary market. But many say the market for bank-owned homes is more complex than typically understood.

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Boulder Ridge sells market lot
Tom Ross
08-11-2010

There are several other buyers looking right now and at least one of them would plan to build, according to one of the developers

 

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Song Mountain gains 2 years
Tom Ross
08-10-2010

“We have no idea what’s going to be around the corner in three years or seven years,” Woodsee said. “Conditions could be so vastly different, sticking the county and the commissioners with that length is not a good idea. Even in (the boom years) of 2006 or 2007, home many houses were actually built out there?”

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New subdivision plan for working residents emerges on Steamboat’s west side
Tom Ross/Steamboat Homefinder
08-07-2010

A business entity called BDMN Storage LLC, headed by building contractor Tom Fox, has returned to the city planning process with plans to develop 93 building lots on 44 acres developers say will be intended for people who work for a living in the Yampa Valley.

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Wildhorse looks beyond tough economy
Tom Ross
08-04-2010

Resort Ventures West Director of Sales and Mark­eting Kerry Shea said the company structure of Wildhorse Meadows is what allows it the flexibility to adapt to changing market conditions as it plans for the future.

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Million dollar homes outpace rest of market
Tom Ross
08-03-2010

In the Sanctuary luxury home subdivision adjacent to Rollingstone Ranch Golf Cou­rse, homes sold for an average of $444 per square foot in 2007. By June 2010, that number had dropped 11 percent to $395 per square foot. The drop was much steeper in the older Tree Haus subdivision, just south of the city limits on River Road. The per-square-foot price there dropped 31 percent from $309 to $212 between the end of 2007 and this summer.

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July 2010

Parade of Homes allows tour of luxury in Steamboat
Tom Ross/staff
07-30-2010

Anyone who ever has longed for a fully equipped butler’s pantry but reconciled themselves to going without can experience that luxury vicariously Saturday while helping to support local nonprofits and other worthy causes during the Colorado Group Realty Parade of Homes.

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Lake Village lots head back to market
Tom Ross/Steamboat Homefinder
07-23-2010

Nearly three years after construction liens brought progress at Hayden’s Lake Village subdivision to an abrupt halt, 72 building lots on the town’s south side are back on the market for a combined $2 million.

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Construction continues to slow in Routt County
Scott Franz/staff
07-17-2010

Data compiled by the Routt County Regional Building Department for the first half of 2010 underscores the magnitude of the quiet construction season in Steamboat Springs and Routt County.

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Tour set for next weekend
Tom Ross/Steamboat Homefinder
07-09-2010

 

The 15th annual Strings Kitchen and Garden Tour on Saturday, which benefits the Strings Music Festival, will take residents on a tour of some of Steamboat's wonderful homes and gardens.

 

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Struggling economy could spur shift to walkable urban environment
Tom Ross/Steamboat Homefinder
07-02-2010

An expert on the vitalization of urban neighborhoods told a Steamboat Springs audience last week that voters probably got it right last fall when they rejected the Steamboat 700 annexation.

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Clocktower on the block
Tom Ross
07-01-2010

The bank-owned Steamboat properties appraised at $10-plus million within the last six months. The minimum bid is $3.8 million and there is an undisclosed reserve price that is somewhat higher, representing the lowest price the bank would accept.

 

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June 2010

Youth Corps invests in future
Tom Ross
06-28-2010

The ranch, established in 1935, is within bicycling distance of thousands of acres of multiuse recreational land on Emerald Mountain. That proximity makes it an ideal training ground for the Corps, which supports its mission of providing youth with values and skills through outdoor projects such as trail building.

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Spec homes resurface in Routt County
Tom Ross/staff
06-19-2010

Kevin Cooper readily admits he was taken aback when be began looking for a new home in Steamboat Springs in February 2009. But he finally found a brand-new home he could afford in Dry Creek Village. His new home was built by a local builder as a spec home at a time when almost no contractors in the valley are building without a contract.

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River advocacy group has big plans in Basalt
Scott Condon, Aspen Times
06-15-2010

Scott Condon of the Aspen Times reports that an advocacy group for the Roaring Fork River wants to build a large educational center in Basalt, but the Town Council is concerned with the size of the proposed building.

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360 Village site for sale
Tom Ross
06-14-2010

Randall Hannaway, a broker/owner with Colorado Group Realty in Steamboat, also confirmed Thursday that he is representing Wilton in a sale of the property with the cooperation of Wells Fargo Bank (nationally), which acquired the note along with Wachovia Bank.


“It’s a private listing,”  Hannaway said. “We didn’t want it exposed publicly initially, and it’s not on the MLS (Steamboat Springs Multiple Listing Service). Hank is the owner — he’s still in control of the property.”

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Alpine Mountain Ranch’s Bill Butler: Trends show better housing market on horizon
Tom Ross/staff
06-11-2010

The developers of Alpine Mountain Ranch and Club brought in reinforcements and rallied the troops here Tuesday, using historical data to make the case that when the mountain resort real estate economy turns around, it will be “Steamboat’s turn.”

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My porridge tastes just right
Tom Ross
06-09-2010

The bear cub squeezed into the house through a kitchen window Tuesday and helped itself to cereal, pistachio nuts and apples, then returned for second helpings on Wednesday, but was able only to open a human-sized garage door with its paw.

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Steamboat couple struggles with foreclosure
Tom Ross/staff
06-04-2010

With the number of foreclosure filings on the rise in Routt County, a Steamboat couple, Michael and Janelle Buccino, have a cautionary tale to tell about the perils of negotiating over the telephone with large banks to restructure the debt on their home.

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Innovative strategy provides opportunities in difficult market
Tom Ross/staff
06-03-2010

In a sluggish real estate market, nothing’s more frustrating to sellers than identifying a buyer for their home, only to find that their salvation is held up because the buyer can’t take action until they sell their own home. One workaround that’s gaining some attention in the Steamboat Springs market involves finding buyers for sellers who are willing to buy a second, lesser property in order to get a deal done with a buyer hoping to move up to a nicer ho

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May 2010

Barn Village prices sliced in half
Tom Ross/Steamboat Homefinder
05-28-2010

The mountain area of the Steamboat Springs real estate market has seen the sale of just five building lots in the past 12 months, and the developers of Barn Village at Steamboat have responded by cutting in half the prices on their 51 unsold lots.

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Excess not quite as cool anymore in Steamboat
Tom Ross
05-21-2010

The era when real estate developers used increasingly elaborate amenities to differentiate resort properties is in the past. Taking its place is a new climate with buyers seeking out more sustainable projects that make economic sense in the post-recession era, Tyler Niess told an audience at The Steamboat Grand this week.

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New building plans springing up
Tom Ross/Steamboat Homefinder
05-14-2010

 

A spring flurry of building permits for single-family homes may not signal an enduring recovery of the Routt County building market, but it breaks a trend.

The Routt County Regional Building Department reported issuing three permits for new single-family homes in April with an aggregate permit value of about $2.8 million. Another permit for a $2 million home was issued during the first week in May.

 

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Senior campus plan progresses
Tom Ross/Steamboat Homefinder
05-06-2010

City officials this month are reviewing an application to subdivide a 12.13-acre parcel east of Casey’s Pond on Steamboat Springs’ south side that could begin the transformation into a senior living campus as soon as this summer.

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April 2010

Routt, Grand counties split $7.1 million for mortgage credit program
Tom Ross/Steamboat Homefinder
04-29-2010

The Colorado Housing and Finance Authority is collaborating with Routt and Grand counties to promote first-time homeownership through a $7.1 million program that allows qualified first-time buyers to deduct more interest from their income at tax time.

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2 new luxury duplexes possible at Bear Claw
Tom Ross/Steamboat Homefinder
04-22-2010

The homeowners associations for the ski-in/ski-out condominiums at Bear Claw I and Bear Claw II have entered the city planning process with development permit applications for a pair of luxury duplex buildings and an addition of four condominiums.

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Highmark foreclosures withdrawn after sales
Zach Fridell
04-16-2010

All but three condominiums that were up for auction at The Highmark have closed or are in pending sales, and the foreclosure notice on the properties was withdrawn last week.

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A long way yet to go
Tom Ross/Steamboat Homefinder
04-10-2010

The three large luxury condominiums at the base of Steamboat Ski Area that had their genesis in late summer 2007 into 2008 have accounted for $128.6 million in sales, but Edgemont, One Steamboat Place and Trailhead Lodge at Wildhorse Meadows have a distance to go.

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March 2010

Absorption rate foretells building
Tom Ross/Steamboat Homefinder
03-26-2010

 

The rate at which homes in Routt County are selling suggests that it could be a year or more before the residential construction industry mounts a meaningful comeback. “If people are hoping the construction industry will pick up this summer, they can’t hold their breath long enough,” said Scott Ford, who leads the Routt County Economic Development Cooperative.

 

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Chopped prices tempt buyers
Tom Ross/Steamboat Homefinder
03-19-2010

 

Some of the most aggressively priced properties on the Steamboat real estate market have begun to go under contract as the sun passes the vernal equinox. A bank-owned duplex offered on a short sale on Bear Creek Drive with 1,680 square feet of living space recently closed for $413,000, compared with the asking price of $499,000.

 

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Early permits signal quiet building season
Tom Ross
03-16-2010

Building Department Official Carl Dunham said that through the first two months of the year, his office has conducted 22 plan reviews that could turn into building projects. The average number for January and February combined is 35 plan reviews.

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Green properties come on line
Tom Ross
03-11-2010

It took a little nerve for EcoCorral developer and K.J. Otterman, of Middle Cog Builders, to break ground on the first of seven buildings in EcoCorral in November 2008. It took even a little more courage to stick to his plans to build to green standards in a struggling economy.

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Auction seen as bellwether
Tom Ross/Steamboat Homefinder
03-07-2010

The Steamboat Springs real estate and development communities will be paying close attention Friday when 15 luxury condominiums at The Highmark go on the auction block.

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February 2010

Commissioners open to 5-acre lots
Tom Ross/Steamboat Homefinder
02-28-2010

 

Routt County officials are moving ahead with a plan that would create the potential for 300 or more five-acre home sites on land wrapping around the northern and western perimeters of the city of Steamboat Springs.

 

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Teen center being planned at Howelsen Ice Arena
Tom Ross/staff
02-19-2010

More than 300 high school students in Steamboat Springs affirmed their strong desire for a gathering place to call their own in a 2009 survey released this winter. And the city’s current fiscal situation could mean that any decision to build a dedicated teen center is years in the future.

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Nonprofits increasing presence in Steamboat
Tom Ross/Steamboat Homefinder
02-12-2010

Two local nonprofit organizations are seeking city development permits that would allow them to increase their presence in Old Town Steamboat Springs.

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County rejects Starwood tax appeal
Tom Ross
02-10-2010

“Our job is to make certain that valuations across the county are fair,” – Commissioner Doug Monger

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Heritage Park home sets a standard
Tom Ross/staff
02-05-2010

Paul Ralston and Mariana Ishida purchased a building site in Heritage Park that overlooked open ranch land more than two years ago. However, they temporarily put the building on hold as construction prices went up. They didn’t revisit the possibility of building a custom home until early in summer 2009. When they did, they were pleasantly surprised.

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January 2010

Not many sales to go around for Realtors in 2009
Tom Ross
01-31-2010

January is the month when Realtors take stock and write checks for about $1,800 in order to stay in the game. It’s a modest amount, but with the number of transactions, and thus commissions, dwindling to 467 sales closed through the Multiple Listing Service in 2009, there are signs that some of Steamboat’s roughly 395 Realtors are considering their options.

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Foreclosed luxury home sold for $113 per square foot
Tom Ross/Steamboat Homefinder
01-30-2010

At $113.41 per square foot, the log-sided home at 250 Hillside Drive likely qualifies as one of the best Routt County real estate buys of 2009. The house measures 6,472 square feet, 5,555 of which are finished (the price per square foot was calculated on only the finished space in the home). A standout design feature is the large turreted roof on one wing.

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15 Highmark units on auction block
Tom Ross
01-27-2010

William Bone, president of the National Auction Group in Gadsen, Ala., said the owners’ intent is to sell one of the 15 condominiums with no minimum price but with reserves on the remaining units.

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Rents are being renegotiated
Tom Ross/Steamboat Homefinder
01-21-2010

The storefront at 824 Lincoln Ave. is on the sunny side of the shopping district in downtown Steamboat Springs, and last week, it went under a new five-year lease with an option to purchase.

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7 banks foreclosure on One Steamboat Place
Tom Ross
01-17-2010

Timbers CEO David Burden said SV Timbers is not broke; the development group includes two multibillion-dollar companies who believe in the project, and together, they have $50 million in non-debt equity they aren’t about to abandon. Instead, they’ve made it plain to the banks that they will inject more capital into the project.

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The Porches breaks ground
Tom Ross
01-15-2010

The depth of the 2009 building slump here was underscored this week when the Routt County Regional Building Department issued a report showing that just eight permits were issued all year for new single-family homes in Steamboat Springs city limits.

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One Steamboat Place opens its doors
Tom Ross
01-08-2010

When One Steamboat Place opened its doors to guests Saturday, a boutique Steamboat property management company had reason to celebrate.
Robin and Heather Craigen, of Moving Mountains Chalets, have landed contracts to manage two of the whole ownership condominiums at One Steamboat Place including the Black Diamond Penthouse, which is being offered for rent for $2,690 a night for a seven-night stay.

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Holiday open house shows off properties at the mountain
Tom Ross
01-01-2010

It was open house night in Steamboat Springs on Wednesday, as Realtors took the temperature of holiday visitors to see whether they could turn the merely curious into solid sales leads.

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December 2009

Edgemont opens early
Tom Ross
12-24-2009

The Atira Group and Edgemont jumped the gun on their New Year’s party this week and celebrated the first closing in the newly completed 40-unit luxury condominium project.

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Routt County real estate market sees best month of the year
Tom Ross
12-19-2009

Thanks to a rare winter storm front brewed up by growing sales of condominium intervals, an unexpected $26.7 million sale of mineral rights, and the steady closings of luxury condos put under contract in 2007, the Routt County real estate market in November saw its best month in a year that has tried the perseverance of the industry here.

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Housing Authority celebrates end of tough year
Mike Lawrence
12-11-2009

It’s been a turbulent 2009 for the Yampa Valley Housing Authority, which faced significant financial and staffing challenges in the past 12 months amid a declining real estate market that halted development plans. And despite optimism expressed last week, the Housing Authority’s budget shows more hurdles lie ahead.

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Housing is languishing on the market as employment slumps
Tom Ross
12-04-2009

Mary Weiss didn’t have to think too long about what to give her tenants for a holiday gift this month. “We have 50-plus tenants, most in one-bedroom units, and we gave them all a $25 gift certificate off their rent,” Weiss said, who is owner of Central Park Management.

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November 2009

One Steamboat Place logs $15.25 million in 1st round of closings

11-26-2009

The Steamboat Springs real estate market received a qualified boost Monday when the first 13 condominium sales closed at One Steamboat Place for a combined $15.25 million.

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Commissioners, lot owners, sanitation district debate septic issue
Tom Ross
11-21-2009

The Routt County Board of Commissioners offered a ray of hope last week to 1,155 lot owners in some of the original subdivisions at Stagecoach. The commissioners voted unanimously Tuesday to reject a proposal from the Morrison Creek Metropolitan Water and Sanitation District to cap the number of sealed sewage vaults that can be installed on the lots.

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One Steamboat Place sets official opening for Jan. 9

11-18-2009

The new Wildhorse Gondola isn’t expected to be operational until February; however, the Steamboat Ski & Snowboard School ticket office, the relocated Surefoot ski boot and fitting shop and a new independent ski shop will be open for business the day the ski area opens.

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Holiday Inn addition under construction
Tom Ross
11-10-2009

New two-room suites  with mini kitchens are expected to appeal to ski vacationers.

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Steamboat home of South Park creators blends East and West
Mike Lawrence
Steamboat Pilot & Today

11-08-2009

A tour of the local house owned by “South Park” creators Trey Parker and Matt Stone turns up not a single Emmy, Eric Cartman doll or half-drawn cartoon panel. There are no messes. No signs of Hollywood, parties or all-night production crunches.

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Wildhorse gondola construction steadily progessing
Tom Ross
11-07-2009

The gondola towers rising from Wildhorse Meadows are tangible evidence of the steady progress being made at Wildhorse despite the down economy. But closings on 30-plus condominiums at Trailhead Lodge can be expected to continue at a gradual pace for months to come.

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Thompson: Most buyers uninterested in low-balling
Tom Ross
11-06-2009

The average price of condos and townhomes has actually grown slightly in 2009 to nearly $700,000. However, the average sales price of single-family homes has dropped from more than $1.2 million in 2008 to about $700,000 this year.

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October 2009

Historic Steamboat home hidden in willows
Tom Ross
10-30-2009

Chances are, locals have driven by the property of longtime Steamboat residents Mike Kortas and his wife, Nina Darlington, many times without fully appreciating what they were looking at. The entire 13 acres is available for $1.8 million or broken into its component parts through Realtor Scott Eggleston.

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Dry Creek Village bids rejected
Mike Lawrence
10-22-2009

Steamboat Springs city planners and a regional housing official said last week that rock-bottom bids at a Hayden land auction are not a reflection of Steamboat’s real estate market or need for affordable housing.

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Fractionals, timeshares gain traction
Tom Ross
10-16-2009

"Fractional purchases are made on the basis of frequency of use,” Irish said. “With the high cost of whole ownership, people often look at how often they plan to use a condominium. Many people can’t justify the capital outlay. If they only expect to use it two or three times a year, fractionals look very attractive. You get very high quality and great locations for an amount that makes sense.”

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Changes coming to Bucci-ville
Tom Ross
10-16-2009

Weiss confirmed that he has developed and manages 40 rental units in the area including Walton Pond Apartments, which house many ski area workers during the season. He recalls 1986, when eight new units at Walton Pond represented the only multifamily building permit for the year.

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Pending sales hold the line
Tom Ross
10-13-2009

Unlike actual sales, which often aren’t recorded until a month or more after the contract was signed, pending sales are more indicative of current activity.

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360 partner faces unrelated foreclosures
Tom Ross
10-11-2009

“The properties (involved in the foreclosure filings) are personal,” Steamboat Springs Realtor Randall Hannaway said. “360 Village is held by a completely different company with different investors. We’re working very closely with the banks, and he wants to avoid (foreclosure), but it’s unfortunate in this case that he may have to let them go.”

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2 paths to attainable housing
Tom Ross
10-09-2009

Michelle House and Rene Mattone have taken divergent paths during the past 13 months to realize their dreams of affordable housing in Steamboat Springs. Today, they live in beautiful new condominiums within 600 yards of each other. And although both professional women were prepared a year ago to buy deed-restricted condos that would limit appreciation in their new homes, it hasn’t worked out that way.

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Spurring the market
Tom Ross
10-06-2009

Silver Spur was red hot in July 2007, when Rasmussen-Otterman reported that five homes there had gone under contract in a week. The five were on the market an average of five days, and a home Rasmussen had priced at $1 million went under contract before it was listed.

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Condo commands top dollar
Tom Ross
10-02-2009

 

When the two-story condominium in the Val Gardena building at The Trails at Storm Meadows sold for $1.225 million this week, it was swimming against a brisk current in the local market.


 

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September 2009

Landmarks Eighth Street restaurant calls it quits
Tom Ross
09-30-2009

City Council relented and offered to let Antares remain in place under its current terms by renewing the lease for six months before Oct. 1. But there has been miscommunication on both sides, and after a disappointing ski season and an even worse summer, LeBrun and Zahradnik no longer see the point in prolonging things.

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Builders get through recession on remodels
Tom Ross
09-25-2009

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Edgemont makes waves (in pool)
Tom Ross
09-24-2009

In addition to fast-tracking the pool, construction crews at Edgemont paved the parking lot and entrance this week.

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Dry Creek lots go to auction Oct. 18
Tom Ross
09-22-2009

The developers intended that the price of the lots would allow families to build 1,500 to 1,700-square-foot homes, and obtain 90 percent loans on 30-year fixed mortgages. The hope was that a 1,500-square-foot home could be built there for about $360,000 including land, construction and a budget for appliances and extras.

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Tailwaters Ranch price dropped $6.5 million
Tom Ross
09-22-2009

The year-round angling is what attracted Alpine River Club operator Donny Beaver. Among the investors are Hank Wilton, who is the principal in the proposed 360 Village development west of Steamboat and has other development interests in Steamboat.

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Ski Trail Lane home offers 'elevated' views
Tom Ross
09-21-2009

The elevators will cost about $35,000 apiece, and although Olsen has taken care to design a point of interest at each landing, in the end they’ll have a hard time competing with the visual impact of the completed four-story staircase.

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Planning Commission sends Steamboat 700 to Council
Tom Ross
09-18-2009

The Steamboat Springs Planning Commission voted, 4-2, to recommend approval of the annexation ordinance for the long-debated development. Steamboat 700 now moves on to a first reading of an ordinance before Steamboat Springs City Council on Sept. 29, with a second and final reading scheduled for Oct. 13.

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Foundation work begins on Millennium Bank
Tom Ross
09-14-2009

The 10,654-square-foot building will be devoted exclusively to the bank’s use. It is being built on a 1-acre triangular lot immediately west of the movie theater. The site originally was anticipated to house a freestanding restaurant when Wildhorse Marketplace came through the planning process in 2003.

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Geoexchange technology not uncommon throughout Routt
Jack Weinstein
09-14-2009


Geothermal technology draws heat from the earth using geologic water sources such as a natural hot spring or a high-temperature well to heat a building. Geoexchange, on the other hand doesn’t require a heated water source.

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Seclusion at the golf course
Tom Ross
09-11-2009

Steamboat luxury home developer Shayne Macher­owski has made a study of the natural light that sculpts the pocket valley where Fish Creek tumbles out of a geologic fault line leading down from the Continental Divide.

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CMC eyes 40,000-square-foot building
Tom Ross
09-08-2009

The plan is to heat and cool the new building through geoexchange and build the mechanical plant large enough to allow professors to bring their students into the space for practical study.

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Solar gain is name of the game in Earthship home
Tom Ross
09-04-2009

Kathleen Titus reluctantly has resigned herself to giving up her Earthship in North Routt, which means Realtor Darrin Fryer has a new listing that stands out among the 3,000-plus offerings on the multiple listing service.

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No need for helicopters this time
Tom Ross
09-02-2009

A new ski lift in Steamboat typically translates into a very large whirly-bird hauling heavy iron over the Steamboat base area. But there won’t be a need for a helicopter in October when towers for the Wildhorse gondola are set. “I was pushing for a helicopter but everything’s accessible,” Resort Ventures West Director of Sales and Marketing Kerry Shea said. “They can just come in there with cranes.”

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August 2009

Slate Creek Ranch plans includes homes, golf course
Tom Ross
Steamboat Pilot & Today

08-31-2009

A Houston-based development firm that owns Slate Creek Ranch just northwest of the Steamboat Springs Airport is tentatively pursuing a plan to build as many as 235, 5-acre home sites and a 36-hole golf course. The development would occur on 1,150 acres that share a boundary with city limits.

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Launching into a challenging market
Tom Ross
08-31-2009

There’s something to be said for buying Routt County land and holding it for the long haul. Especially when the parcel in question is a secluded building site overlooking Soda Creek and an ocean of trees with a glimpse of the ski trails on Storm Peak in the distance.

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Commissioners split on Song Mountain rezoning
Tom Ross
Steamboat Pilot & Today

08-26-2009

Stagecoach developer Ji-ang Song left the courthouse with a small victory Tuesday after Routt County commissioners agreed in concept to award him a zone change needed to develop 432 dwelling units just east of Stagecoach Reservoir. Commissioners Nancy Stahoviak and Doug Monger agreed that Song and his development consultants had modified their original plan enough to meet the criteria for a zone change from agriculture and forestry to zoning that allows a master-planned, increased-density community.

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Re-sales strong at Edwards affordable project
Scott N. Miller Vail Daily
08-26-2009

Eagle County housing director Alex Potente said virtually all sellers at Miller Ranch affordable housing project in Edwards are getting their asking price. Tori Franks of the county's Eagle County Home Store said the only unit she could think of that sold for less than the maximum asking price was a single-family home that was sold for $410,000 instead of the listed price of $418,000.

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20 sales in 14 days
Tom Ross
08-21-2009

Realtors in Steamboat Springs were keeping a lookout for entry-level buyers this month, as the Routt County market showed signs of a late summer upswing. During the two-week period from Aug. 6 to 20, records on file at the Routt County Assessor’s Office reflect 20 real estate closings, not including timeshare sales.

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National: Home sales rebounding at rapid pace
Alan Zibel
The Associated Press

08-21-2009

The U.S. housing market is rebounding faster than expected. The question is, can it last? Home resales in July posted the largest monthly increase in at least 10 years as first-time buyers rushed to take advantage of a tax credit that expires Nov. 30. Sales jumped 7.2 percent and beat expectations, the National Association of Realtors said Friday.

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Aspens at Walton Creek finds sweet spot
Tom Ross
08-21-2009

Price reductions and an opening buy-down of mortgage payments have helped the Aspens at Walton Creek townhomes find a little August sweet spot, with three closings and a fourth under contract. “It’s kind of become a buyer’s market. They were able to be a little more flexible on price and they helped buy down the interest rate for the next three years, which will (temporarily) lower my payments,” recent buyer Brad Luth said.

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At Steamboat's Marabou Ranch, fly casters' skills analyzed

08-19-2009

Fly fishing is taken very seriously at Marabou Ranch west of Steamboat Springs and now the staff has a high tech tool to add to its arsenal. The Sage Fly Casting Analyzer is on the premises and ready to help members iron out the kinks in their fly casting with the goal of improving distance and accuracy.

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Steamboat's Slopeside Grill listed for sale
Blythe Terrell
Steamboat Pilot & Today

08-19-2009

Slopeside Grill is for sale, and Jim Cook expects it to be in new hands before ski season starts. The restaurant is in Torian Plum Plaza along the slopes of Steamboat Ski Area. Chris Corna owned the restaurant. When Corna died in May, Slopeside went to his parents, the beneficiaries of his estate. Cook, of Colorado Group Real­ty, is handling the sale.

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National: Home construction up for the fifth month in a row
Alan Zibel
The Associated Press

08-19-2009

At least the market for new homes isn't getting worse anymore, and that's the first step to getting better. In fact, the overall economy is actually getting a small boost as more buyers walk into model houses ready to sign contracts and builders hire workers to pour foundations and pave roads.

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Eagle County weighs energy loans
Scott N. Miller Vail Daily
08-18-2009

The biggest possible advantage to the plan is that homeowners won't need to come up with any up-front money to pay for improvements – which can range from upgrades to insulation, windows, furnaces and water heaters to rooftop solar panels. Instead, homeowners would take out a loan from a county fund, then repay the loan through an increase to their property taxes.

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Builder Tom Wood crafts log homes
Tom Ross
08-14-2009

Tom Wood and his two-man crew have just completed the walls of a new log house and can’t wait to take it all apart Monday.

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Steamboat sees first HERA hiccup
Tom Ross
08-14-2009

Specifically, the HERA provisions say that if the annual percentage rate, or APR, of a mortgage — or any loan for that matter — increases more than .125 percent, or by one eighth, the lender must reissue an updated truth-in-lending statement and give the customer an additional three days to study it.

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Promenade work under way
Tom Ross
08-13-2009

 

Construction jumped off this week on the smallest but trickiest portion of Steamboat’s new pedestrian promenade at the base of the ski area.

 

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Changing skills for a changing market
Tom Ross
08-11-2009

Greg Danziger and Eliese Pivarnik of Colorado Group Realty  recently earned the designation of Certified Distressed Property Expert (CDPE) following completion of training in foreclosure avoidance and short sales.  Their development of a new specialty comes at a time when the Steamboat market is seeing distressed homeowners being confronted by the foreclosure process.

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Sunray Meadows sees 6 condominiums offered as short sales
Tom Ross
08-09-2009

 

Ken Gold and Lisa Ruffino, of ReMax Steamboat, have seen the market come full circle at Sunray Meadows, where they have six condominiums available at short sale on behalf of distressed buyers.

 

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Timeshares are an investment in lifestyle and travel, not necessarily real estate
Eileen AJ Connelly
The Associated Press

08-09-2009

The promise of a free meal, a $100 gift card or even a few nights gratis lodging may pull you into the sales presentation at a timeshare resort. The question of whether it makes sense to invest tens of thousands of dollars may send you away puzzled — or worse, second-guessing the decision you made to sign the papers.

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Sunray Meadows sees 6 condominiums offered as short sales
Tom Ross
Steamboat Pilot & Today

08-07-2009

Ken Gold and Lisa Ruffino, of ReMax Steamboat, have seen the market come full circle at Sunray Meadows, where they have six condominiums available at short sale on behalf of distressed buyers. Asking prices at the Village Drive development include $269,000 for a two-bedroom condo up to $329,900 for a three-bedroom, two-bathroom condo with a two-car garage.

 

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First Tracks condos hit open market
Tom Ross
08-07-2009

Although there is very little variance among the seven studios, seven one-bedroom and 24 two-bedroom units, there is a substantial range of prices within each category.


The variety of prices can be attributed to the quality of the view, Pearson said. Some units look out on the white whale that is the public Tennis Center at Steamboat Springs, while others have views of Thunderhead or across the South Valley to Blacktail Mountain.

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Intrawest sells French ski resorts
Tom Ross
08-06-2009

Speculation that Fortress Investments might seek to sell off Intrawest assets has circulated since autumn 2008 after Fortress was forced to renegotiate under duress the terms of a short-term loan of about $1.7 billion originally arranged to help Intrawest make improvements at its resorts which range from ski to golf.

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Affordable fees cut in half
Brandon Gee
08-06-2009

The new formula is based on construction costs of $145 per square foot, land costs that are calculated at 20 percent of construction costs and other smaller factors. City staff had previously suggested that construction costs be calculated at $200 a square foot and that land costs be calculated at 25 percent of construction costs.

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Mortgage rates decline
The Associated Press
08-06-2009

Rates on 30-year mortgages dipped this week after economic reports came in better than expected, Freddie Mac said Thursday.

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FHA borrowers added to foreclosure reduction plan
Tom Ross
08-05-2009

“Until foreclosures have been significantly reduced and housing inventory reaches a more normal level, there can be no true housing recovery. The FHA–HAMP program will go a long way in achieving these important goals by helping FHA servicers bring mortgages current, buy down loans by up to 30 percent of the unpaid principal balance, and defer these amounts until the first mortgage is paid off.

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Treasury is taking names
Associated Press Alan Zibel
08-03-2009

When the plan was launched in March, the government said it hoped to help up to 4 million financially distressed homeowners modify their mortgages to lower their payments. As of last week, just 200,000 homeowners were on track to get a modification, and the government has extracted a verbal promise to reach 500,000 borrowers by Nov. 1.

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July 2009

514-acre prime angling spot lists for $28M
Tom Ross
07-31-2009

One of the best angling spots on the Yampa River is back on the market for $28 million — and just 22 months after it sold for $19.4 million. Realtor Brian Smith, of Hall & Hall, has co-listed the Yampa Tailwaters Preserve 514-acre ranch with Randall Hannaway, of Colorado Group Realty. The listing is on behalf of Alpine River Club and investors in a private fishing operation. The property straddles the Yampa River where it pours out of the Catamount Dam, about seven miles south of Steamboat Springs.

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Rare Gothic revival house get its due
Tom Ross
07-30-2009

A modest one-and-a-half story home at 634 Oak St. is among Steamboat Springs’ oldest and most rare structures. The Bourguin House, already on the Routt County Register of Historic Places, was deemed worthy of addition to the Steamboat Springs Register on July 2.

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Obama seeks promises of foreclosure help
Associated Press
07-28-2009

On Tuesday, an activist group in Minnesota filed a lawsuit seeking to stop home foreclosures in that state. Mark Ireland, an attorney with the Minnesota-based Foreclosure Law Relief Project, said the government has failed to establish the procedures needed to ensure the fair and uniform administration of the program. Loan servicers are not required to tell a homeowner why they were denied a loan modification.

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More good news: New report shows home price stabilization
J.W. Elphinstone
The Associated Press

07-28-2009

NEW YORK (AP) — There were fresh signs Tuesday that home prices in much of the country are stabilizing and the housing market is on the mend. Home prices in May posted their first monthly increase since the summer of 2006, according to the Standard & Poor's/Case-Shiller 20-city index. Prices rose from April in 13 of the cities tracked, notably Cleveland, Dallas and Boston.

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Affordable units off to market; Howelsen Place wins approval to reposition deed-restricted condos
Tom Ross
07-27-2009

City Planning Director Tom Leeson said Thursday that the new fee will be the prevailing fee at closing, presumably the amount council approves during a scheduled Aug. 4 vote on revisions to the city’s community housing ordinance.

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Tours offer access to multimillion-dollar homes
Tom Ross
Steamboat Pilot & Today

07-27-2009

In addition to general contractors, subcontractors such as the designers and sound engineers who worked on the homes are invited to discuss the finder details of each property. Tickets are $20 and available in advance at the Colorado Group Realty office, 509 Lincoln Ave., as well as at Saturday’s Farmers Market and in any of the homes on the day of the event. It’s a self-guided tour with detailed programs (serving as the ticket) and maps provided.

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New home sales rise by largest amount in 8 years
Alan Zibel
The Associated Press

07-27-2009

New U.S. home sales rose by the largest amount in more than eight years last month, in another sign the housing market is finally bouncing back from the worst downturn in decades. The Commerce Department said Monday that sales rose 11 percent in June to a seasonally adjusted annual rate of 384,000, from an upwardly revised May rate of 346,000.

 

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Steamboat City Council remains divided on housing code
Tom Ross
Steamboat Pilot & Today

07-23-2009

Steamboat Springs City Council took a step toward changing the affordable housing rules it imposes on developers Tuesday night. But council members made it clear that more work must be done before Aug. 4, when they are scheduled to make the final vote on revising the city’s affordable housing ordinance.

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National stats show strongest signs yet of housing recovery
Alan Zibel
The Associated Press

07-23-2009

The U.S. housing market has started to recover from the most far-reaching crisis since the Great Depression, data released Thursday shows. Sales of previously occupied homes rose for the third month in a row in June, the National Association of Realtors reported. That hasn't happened since early 2004, during the boom.

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Distressed homes drive June sales increase in Western U.S.
Alex Veiga
The Associated Press

07-23-2009

Homebuyers across the Western U.S., many convinced home prices are close to the bottom, helped fuel a 15 percent annual increase in the region's home sales in June, according to two reports released Thursday. Fire-sale prices on foreclosures and other distressed properties lured many buyers, particularly in California, Nevada and Phoenix. Those sales also dragged down the median home sales price in the 13-state region.

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Group to push for public vote on Steamboat 700 annexation
Tom Ross
Steamboat Pilot & Today

07-22-2009

Members of the Community Alliance intend to hit the streets this weekend with a petition drive meant to ensure public votes on future major annexations to Steamboat Springs. Steve Aigner, community organizer for the Community Alliance of the Yampa Valley, gave the Steamboat Springs City Council an ultimatum to that effect Tuesday night at Centen­nial Hall.

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Plans for Steamboat's Ski Time Square moving behind scenes
Tom Ross
07-20-2009

City of Steamboat Springs Senior City Planner Jonathan Spence confirms that the development permit application for Ski Time Square is moving through the process and Atira Group has  received a Technical Advisory Committee (TAC) letter outlining concerns and issues city department heads may have with the project. “In terms of numbers, they weren’t many issues, but the items in the letter are kind of a big deal. Other than that, they were fairly on target,” Spence said.

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Sign of confidence: New home construction jumps in June
Alan Zibel
The Associated Press

07-17-2009

Construction of new U.S. homes rose in June to the highest level in seven months, a sign builders are starting to regain confidence as they emerge from the housing bust. The Commerce Department said Friday that construction of new homes and apartments jumped 3.6 percent last month to a seasonally adjusted annual rate of 582,000 units, from an upwardly revised rate of 562,000 in May.

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Gravel mine makes reappearance
Tom Ross
07-16-2009

Plans for a South Valley gravel pit that were approved by the county in 2005 but never built have returned in a new form.
Ed MacArthur, of Native Excavating, confirmed that plans for a gravel mining operation (minus a concerete batch plant) near the Colorado Highway 131 Bridge over the Yampa River have been submitted to the Routt County Regional Planning Department.

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Wildhorse inks gondola contract
Tom Ross
07-15-2009

The gondola will cover the 2,000-foot distance to the resort’s base in four minutes and will feature four groups of two, six-passenger cabins for a capacity of 340 people per hour.

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Luxury housing market stalled. Hannaway: Great deals out there
Adrian Sainz
The Associated Press

07-13-2009

In the affluent village of Bronxville, N.Y., where residents of million-dollar homes have an easy half-hour commute into Manhattan, selling a house has become a whole lot harder. Larry Brocchini put his four-bedroom Colonial on the market in late May, with a price tag of $969,000. He and his wife, who want to move closer to their son’s private school, have hosted open houses and showed the home by private appointment about 10 times, but they have yet to receive a bid.

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1970s duplex gives way to 8,000 square feet of mountain contemporary space
Tom Ross
07-12-2009

The Boulder developers of a set of duplex townhomes in the mixed aspen and conifer forest at 2330 Val d’ Isere Circle moved earth and heaven to realize their latest project.

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First-half building permits off 80 percent from 2008
Tom Ross
07-12-2009

The dollar value of permitted construction projects that came through the Routt County Regional Building Department in the first six months of 2009 is just 20 percent of what it was on the same date in 2008. However, the figures for the month of June offered a glimmer of hope.

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Steamboat 700 annexation process facing more delays
Brandon Gee, Steamboat Pilot & Today
07-09-2009

A decision about whether to annex the proposed Steamboat 700 master-planned community west of city limits could be delayed again, a prospect that is frustrating Principal and Project Manager Danny Mulcahy. A Steamboat Springs City Council vote on annexation originally was scheduled for July in a pre-annexation agreement the city signed with Steamboat 700.

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Council raises building height limits at base area
Brandon Gee
07-09-2009

The Steamboat Springs City Council unanimously approved an ordinance Tuesday setting height limitations as tall as 105 feet at the base of Steamboat Ski Area. Council also up-zoned 10 base-area lots to its highest-intensity zoning designations.

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Steamboat area properties are ideal for horse lovers
Tom Ross, Steamboat Pilot & Today
07-04-2009

Who knew there was a Western movie set tucked away inside a private riding arena in Steamboat’s south valley. When Candy and Maury Bunn built storage units into the north end of their arena on Routt County Road 14C, Candy persuaded her husband to create scaled-down Western facades on the cabinets. She employed her artistic skills to complete the scene.

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360 Village development west of Steamboat pursues annexation
Tom Ross, Steamboat Pilot & Today
07-03-2009

Who could blame members of the Wilton West development group if they felt a little overlooked? The proposed annexation of Steamboat 700 and the potential for 2,000 new dwelling units in the West of Steamboat area have grabbed the headlines for more than a year. But Wilton West’s 360 Village is within a couple of months of closing a pre-annexation agreement of its own with the city of Steamboat Springs.

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June 2009

New data show home prices stabilizing
J.W. ELPHINSTONE, The Associated Press
06-30-2009

There is a clear trend home prices declines are moderating - another sign the beleaguered housing market is stabilizing, according to data released Tuesday. While the Standard & Poor's/Case-Shiller index of 20 major cities tumbled by 18.1 percent, it marked the third straight month the decline was not a record. And yearly losses in 13 metros improved compared to March.

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Fed’s confidence could portend more costly home loans
Tom Ross, Steamboat Pilot & Today
06-28-2009

When the nation’s central bank sent strong signals last week that the recession has turned the corner, mortgage lenders in Steamboat looked for the meaning behind the news release. Kathryn Pedersen, vice president of mortgage lending at Yampa Valley Bank, took note of the interpretation made by David Kelly, chief marketing strategist for J.P. Morgan Chase. What did she hear?

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Contractors plan Home Builders Association chapter
Blythe Terrell, Steamboat Pilot & Today
06-27-2009

Gary and Teri Wall hope to elevate the reputation of Routt County builders. Construction companies some­times get a bad rap, Gary Wall said, and the two think the formation of a home builders group could help. Along with the Home Builders Association of Northwest Colorado, they’ve scheduled the first meeting of the Home Builders Association of Steamboat Springs and Routt County.

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Realtors underscore that now is the time for buyers
Tom Ross, Steamboat Pilot & Today
06-27-2009

Realtors here are intent on convincing would-be homebuyers that timing the bottom of the market is a risky business that could backfire on them. “What are buyers doing? They’re waiting,” Pam Vanatta said during a panel discussion this week. “Buyers create the bottom (of the market). But if you wait, you’ll miss the bottom. People who wait will be unlucky.”

 

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Dispute at Hayden's Lake Village subdivision settled
Blythe Terrell, Steamboat Pilot & Today
06-25-2009

The town of Hayden and Oregon-based Robinson Con­struction have agreed on a deal to repair infrastructure at Lake Village subdivision. The neighborhood in southern Hayden has sat unoccupied since Robinson filed liens in September 2007, alleging it had not been paid for work. The developer, Mountain Adventure Property Investments, has since entered bankruptcy proceedings. But months of negotiations have paid off for the town and Robinson Construction. The company expects to get to work in a few days, said Kirk Moisan, a project executive for Robinson Construction.

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Sales of new homes slide in May
Alan Zibel, The Associated Press
06-25-2009

New U.S. home sales dipped slightly last month, in another sign that the housing market recovery is likely to be gradual and prolonged. The Commerce Department said Wednesday that sales edged down 0.6 percent in May to a seasonally adjusted annual rate of 342,000, from a downwardly revised April rate of 344,000.

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Nationwide, sales of existing homes increase from April to May
Alan Zibel, The Associated Press
06-24-2009

Nationwide home sales may have finally hit bottom, new data shows, but a host of thorny problems are hindering any recovery. Sales of previously occupied homes rose by 2.4 percent from April to May — the third monthly increase this year — but the results missed analysts' expectations.

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Developers of Stagecoach's Song Mountain to try again
Tom Ross, Steamboat Pilot & Today
06-24-2009

— The developers of Song Mountain agreed Tuesday to change their tune before they come back to the Routt County Board of Commissioners on Aug. 25. They’ll present a revised version of their plan to build a residential subdivision of as many as 272 lots on 896 acres overlooking Stagecoach Reser­voir.

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Bucking Rainbow buys Sunpies building, gives business new lease
Tom Ross
06-23-2009

John and Jaret Duty, of Bucking Rainbow Outfitters, got the ideal tubing location they’ve long coveted, and Mike and Colleen Miller got the new lease they needed for Sunpies Bistro. The Dutys, through the new business entity Bucking Rainbow LLC, recently closed on the purchase of the building at 735 Yampa St. that houses Sunpies. They purchased the building for $1.2 million from James Reichert.

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Sales pick up at Trailhead Lodge at Wildhorse Meadows
Brandon Gee
06-21-2009

Closings have commenced at Trailhead Lodge at Wildhorse Meadows, and the luxury base-area condominium project also officially has entered the Steamboat Springs rental pool. Resort Ventures West Prin­cipal and Chief Financial Of­­ficer Brent Pearson said there have been cash closings for three of the development’s 86 units. About 60 more units are under contract, and Pearson said they are scheduled to close beginning in July and continuing through August.

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Officials: New appraisal rules hamper real estate sales
Blythe Terrell, Steamboat Pilot & Today
06-19-2009

Local lenders, real estate agents and appraisers are bemoaning recently enacted appraisal regulations that have frustrated an already difficult market and spoiled potential sales, refinancings and efforts to access home-equity lines of credit. The Home Valuation Code of Conduct was implemented May 1 and prohibits communication between appraisers and real estate agents, loan officers or mortgage brokers. Instead, appraisals must be ordered through appraisal-management companies, new middlemen in the process that cycle through a roster of appraisers and take a cut of their fees.

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Silver Spur residents concerned about Steamboat 700 plans
Brandon Gee, Steamboat Pilot & Today
06-17-2009

The location of light industrial uses, including an industrial substation, was the primary item of contention among developers, residents and the Steamboat Springs City Council as the latter continued their review of the proposed Steamboat 700 master-planned community at a meeting Tuesday. Steamboat 700’s proposal is to cluster light industrial and public facilities such as a fire station, an electric substation and yards and garages for the city’s public works and parks departments and the Steamboat 700 homeowners association on a parcel in the southwest corner of the project.

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National Association of Home Builders: Housing market slides
Alex Veiga, The Associated Press
06-15-2009

The National Association of Home Builders says its housing market index slipped by one point in June, reflecting many builders' uncertainty about when their business prospects might improve.

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Stempel is the newest owner at Colorado Group
Tom Ross, Steamboat Pilot & Today
06-14-2009

Bo Stempel is the newest owner at Colorado Group Realty, a Steamboat Springs real estate company equally owned by its sales associates.

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Prudential Realtors snag sales honors
Tom Ross, Steamboat Pilot & Today
06-14-2009

Prudential Steamboat Realty agents Cheryl Foote, Cam Boyd, Pam Vanatta and the Olson Team were recognized in the first quarter as top agents in the Prudential network in Colorado for residential sales.

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Rollingstone Village for sale

06-12-2009

Three months after winning city approvals for new condominiums at Rollingstone Village, Kim and Peter Kreissig have put the property off Pine Grove Road back on the market for $6.9 million. However, she says, it’s nothing like a flip. “I won’t make any money off it at that price,” Kim Kreissig said. “I’ve never been emotionally attached to a real estate project before, but this one really tugs at me.”

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Several well-known downtown properties listed for sale
Tom Ross, Steamboat Pilot & Today
06-12-2009

Multimillion dollar commercial property listings are popping up in downtown Steamboat this month like glacier lilies at the edge of the snow line. Riverfront Partners, led by Ellen and Rick Fauss of Fremont, Neb., have listed the restaurant building housing the Steamboat Yacht Club at 811 Yampa St. for $3 million. They purchased the building and two adjacent development parcels for $4.5 million in July 2008.

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City studies Steamboat 700 plan
Tom Ross, Steamboat Pilot & Today
06-10-2009

Risk aversion was on everyone’s mind Tuesday night as City Council and Steamboat 700 developers resumed their slow dance toward annexation. At the end of the evening, council members left little doubt about who could be left holding the bag. If a fiscal stew of property taxes, real estate transfer fees, interest rates and housing absorption rates fails to produce enough revenue to fund $70 million to $80 million of community capital improvements in the project west of Steamboat, the developers will be on the hook.

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Steamboat 700 public improvements
Tom Ross
06-09-2009

The annexation process for Steamboat 700 reaches an important juncture tonight as the developers and City Council furrow their brows over $80 million in public capital projects and how to pay for everything from roads to fire trucks to enhanced water rights.

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Post Office deal back on track?
Tom Ross, Steamboat Pilot & Today
06-05-2009

— The vital signs of the real estate deal that would facilitate moving the Steamboat Springs Post Office out of downtown were stabilizing Thursday after U.S. Postal Service officials pulled back from earlier statements that the move was off.

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Edgemont tops out
Tom Ross, Steamboat Pilot & Today
06-05-2009

Edgemont topped out to its final height of eight stories ahead of schedule late last month, and already contracted owners who want turn-key furniture packages are being asked to finalize their choices. "These are the times when your head is spinning,” said Garrett Simon, vice president of development for The Atira Group. "We’re ahead of schedule, and we want our owners to be able to spend as much of ski season as possible in their new homes.”

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Downtown park to be restored
Jack Weinstein, Steamboat Pilot & Today
06-03-2009

School district officials said the Seventh Street field that was the site of the temporary Soda Creek Elementary School soon will return to its former use as a park. Rick Denney, facilities director for the Steamboat Springs School District, said crews could sod the field next to the school district office as soon as June 10, weather permitting.

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Stagecoach tap fees reduced
Zach Fridell, Steamboat Pilot & Today
06-02-2009

When the tap fees at Stagecoach increased from $8,000 to $30,000 per new home, the Morrison Creek Metropolitan Water and Sanitation District heard plenty of feedback from residents, landowners and real estate agents. After a month of meetings with residents concerned about the hike, the panel voted to repeal the increases and set fees at $10,000 instead.

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Neil's house on Yampa comes down
Tom Ross
06-02-2009

Neil Bergman let out a little sigh Monday afternoon as a track hoe unceremoniously lifted the homemade hot tub out of the back deck of his former home at 655 Yampa St. The house on the Yampa River, which Bergman purchased in 1973 and occupied for 30 years, was demolished by heavy equipment operated by Joe Duksa of D&D Enterprises.

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Tatanka Ridge house sells for $2.5 million
Tom Ross, Steamboat Pilot & Today
06-01-2009

The Jon and Susan Been home overlooking Strawberry Park from 10 acres on Tatanka Ridge sold to Jack and Mary McClurg, of Lone Tree, on March 31 for $2.5 million, $600,000 less than what the Beens paid for the property in late June 2006. The listing broker was Nick Metzler of Colorado Group Realty. Cheryl Foote of Prudential Steamboat Realty brought the buyers to the transaction.

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May 2009

Intrawest backs out of gondola
Tom Ross
05-29-2009

Hours before a scheduled public hearing Thursday, Intrawest declined to fund a share of a $7 million high-speed people mover gondola that was to have been a collaboration with Resort Ventures West, developers of Wildhorse Meadows.
Mariana Ishida, development manager for Resort Ventures West, said Thursday night that her company intended to dust itself off and begin planning June 5 for the slower pulse gondola.

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Planning Commission backs zone changes
Brandon Gee, Steamboat Pilot & Today
05-29-2009

— The Steamboat Springs Planning Com­mission gave its strong blessing Thursday night to a bundle of amendments that will pave the way for taller, denser and more predictable developments at the base of Steamboat Ski Area. Commissioners voted, 6-1, to approve dimensional standards that will increase the highest allowable height at the base area from 67 feet to 105 feet.

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Base area zoning changes proposed
Brandon Gee, Steamboat Pilot & Today
05-28-2009

— The highest allowable height at the base of Steamboat Ski Area would increase from 67 feet to 105 feet under proposed changes to be considered by the Steamboat Springs Planning Commission today. In practice, developments of about that height already have been built or approved at the base area through the city’s planned unit development process. Through the PUD process, the city negotiates public benefits such as affordable housing and green building practices in exchange for increased height and other requested code variances.

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No need to 'crane' your neck
Tom Ross
05-28-2009

The year of the crane has come to a conclusion at One Steamboat Place.
The two yellow construction cranes at the 80-unit luxury condominium project at the base of Steamboat Ski Area were disassembled May 20 to 22. The job required a third specialized crane designed to work in close with very heavy loads. Once that work was done, a fourth crane was called in to take down the third crane.

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West outperforms national home sales
Tom Ross
05-28-2009

The national statistics obscure the fact that the West is outperforming other regions of the country.
In the West, sales of existing homes were up 3.5 percent. The discrepancy is more noteworthy when year over year statistics ¬– comparing April 2009 to April 2008 – are analyzed.

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Deadline approaches for appealing tax valuation
Tom Ross
05-27-2009

The number of appeals of property tax valuations received by the office of Routt County Assessor Mike Kerrigan has almost doubled in the seven days since May 20. Kerrigan says he still hasn’t seen the high volume of appeals he originally anticipated, but that doesn’t meant it still won’t happen before the June 1 deadline.

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Winter Park tosses lifesaver
Autumn Phillips Sky-Hi Daily News
05-26-2009

Autumn Phillips of the Sky-Hi Daily news in Granby reports that final plat recordings for new developments in Winter Park are getting sticky. Town Council has eased the deadline.

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Craftsmanship in a family neighborhood
Tom Ross – Steamboat Pilot & Today
05-24-2009

The thousands of acres of dying evergreen trees in Northwest Colorado represent a tremendous timber resource, but let’s face it: lodgepole pine doesn’t always get the respect it deserves. But to understand how beautiful beetle-kill lodgepole can be in a family home, just tour Steve and Currie Meyer’s timber-frame home at 2755 Abbey Road in West End Village.

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Graystone scores a 'Home in One'
Steamboat Homefinder Magazine Cover Story
05-24-2009

Jerry and Shelley Stanford, together with their business associates, are trying to take the brain damage out of developing a golf course lot in Steamboat Springs. Jerry, with David Vandervelde, is a partner in VGS Enterprises, which has recently released the 17 building lots at Graystone on the Green subdivision to the market.

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Discount of Olympian proportions
Tom Ross – Steamboat Pilot & Today
05-23-2009

Paul Franklin, developer of The Olympian at Fifth and Yampa streets, is testing his hypothesis that interested buyers in his downtown luxury condo building can be motivated to get in the game with a 20 percent price discount.
For his most expensive penthouses, that could add up to $395,000.

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Core Trail expansion planned
Tom Ross, Steamboat Pilot & Today
05-23-2009

People who enjoy walking, cycling and inline skating on the Yampa River Core Trail could have more of the popular path to explore by late summer or early fall.

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Unemployment rate jumps
Blythe Terrell
05-22-2009

Routt County’s unemployment rate increased from 6 percent in March to 7.6 percent in April.

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Carpenter’s Ball nets $40,000 for Habitat
Tom Ross - Steamboat Pilot & Today
05-17-2009

Steamboat Springs — Last weekend’s Carpenter’s Ball attracted 180 revelers and raised $40,000 for Routt County Habitat for Humanity, enough to give the nonprofit agency a funding start on four new affordable condominiums...

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Horizons closes on Steamboat II home
Tom Ross, Steamboat Pilot & Today
05-17-2009

A trio of Horizons Spec­ialized Services clients is at home in a new neighborhood this spring. The agency closed last month on the $450,000 purchase of the former Bockelman home, at 40535 North Star Place in Steamboat II.

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Real estate sales down with economy
Brandon Gee - Steamboat Pilot & Today
05-16-2009

First quarter statistics show a further weakening of the real estate market in Steamboat Springs and other western Rocky Mountain resorts, but real estate professionals say they are beginning to see signs of recovery.

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Builder tests $6 million market
Tom Ross - Steamboat Pilot & Today
05-16-2009

Steamboat Springs — When Mark and Diane Halvorson, of Snow Country Construction, began three years ago to build one of the most expensive spec homes in city limits, they paid attention to every luxury touch, right down to the ceramic-tiled dog shower in the garage.

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Various Steamboat 700 components under consideration
Brandon Gee - Steamboat Pilot & Today
05-15-2009

Steamboat Springs — As the city approaches a decision about whether to annex Steamboat 700, its review of the project is moving from the conceptual to the detailed.

“With the City Council right now, there’s multiple components going on at the same time,” Steamboat Springs City Manager Jon Roberts said Monday. “Right now, the one that’s getting the most focus is the fiscal impact model.”

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Building department statistics lagging
Brandon Gee - Steamboat Pilot & Today
05-15-2009

Statistics through April from the Routt County Regional Building Department confirm what anybody associated with the building trades already knows: 2009 is shaping up to be one tough year for the construction industry.

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Holiday Inn prime for expansion
Tom Ross, Steamboat Pilot & Today
05-03-2009

-- Scott Marr, owner of the Holiday Inn Steamboat Springs, said the decision to add 35 suites and an indoor pool to his U.S. Highway 40 hotel later this summer was made independently of the recession. “The economy right now doesn’t have any impact,” Marr said. “We’re looking out 18 months to the fall of 2010. We’ve seen growth in occupancy rates and demand for seven years, although we’re in a little hiccup right now.”

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December 0000

Geoexchange technology not uncommon throughout Routt
Jack Weinstein
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Geothermal technology draws heat from the earth using geologic water sources such as a natural hot spring or a high-temperature well to heat a building. Geoexchange, on the other hand doesn’t require a heated water source.

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Study: Housing more affordable for "move-up" buyer
Adrian Sainz
The Associated Press

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Coldwell Banker on Wednesday released its annual survey of the price of a 2,200-square-foot home with four bedrooms, 2½ baths and an attached garage.

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Two paths to attainable housing
Tom Ross
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While she waited in vain for financing, Mattone had begun working with a Realtor. On her way to catch a movie one night, she stumbled onto a completed two-bedroom condominium at the Aspens (one of only a handful in an overall townhome project). It was under contract, but the buyer’s financing had evaporated. She jumped on it and bought a unit with hardwood flooring, a gas fireplace with stone facing and granite countertops for $310,000. Mattone also is psyched to have a garage of her own.

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Pending sales hold the line
Tom Ross
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“I told the Chamber board that the tire kickers are now taking test drives, and some of the test drivers are now buying.”

Ulrich Salzgeber

New president of the Steamboat Springs Board of Realtors

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Seven-figure success
Tom Ross
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The next big news in the seven-figure market could come from the Doug Martell-developed home in Catamount Ranch that is owned by Bank of America and listed by Ryan Stafford of High Mountain Sotheby’s. It recently went under contract.

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Emerald Heights project sees 1st contract
Michael Schrantz
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One townhome is under contract at the Emerald Heights project — the only multifamily building permit to be pulled in 2013 intended for the general public and the project that led to the suspension of Steamboat Springs’ community housing requirements.

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Michael Schrantz/Homefinder
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Colorado real estate inventory increased while sales slowed during the first quarter of 2014, according to a report from the Colorado Association of Realtors.

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