Jackson Hole MLS: 12 bank-owned, 15 short sales

There is an old joke about the single men here in Jackson, which goes “The odds are good, but the goods are odd.” Point being, there were once plenty of guys for the women to choose from, but some of them didn’t exactly have all the qualities one may desire. The phrase comes to mind […]

Jackson Hole market recovery Marching right along

With more than a week remaining in March, the 13 residential and three building site sales reported in Teton County, WY, have already exceeded the total of 11 recorded in March 2010, assuring yet another strong month in the Jackson Hole real estate market compared to the depths of 2009. Ironically, it is also encouraging […]

Aspens/Racquet Club 1-bed condos peaked in late 2007; today’s prices mirror 2005

After last weekend’s close of a 1-bed, 1-bath, 766-square-foot unit in the Aspens/Racquet Club at $220,000, I took a closer look at this market segment. A quick look reveals this is the lowest price since October 2005 for what is perhaps the most common unit in this neighborhood dominated by short-term rental properties. Going back […]

Town Square foreclosure cancelled; national delinquency rates on rise

Thanks to our friends at Jackson Hole Title & Escrow, who have been providing convenient and consistent updates on Teton County foreclosures, word came last night that the foreclosure set for today on an iconic Town Square property has been canceled due to bankruptcy. For the back story on the Davies-Reid building (formerly Jackson Drug), […]

Town Square foreclosure indicative of overall market

The lead story in this Wednesday’s Jackson Hole News&Guide outlines the details surrounding one of Teton County’s highest profile potential foreclosures – the Davies-Reid building on the northwest corner of Town Square. Today’s Jackson Hole Daily follows up with news that the foreclosure, set for Dec. 29 with an opening bid of $2.76 million, has […]