Steamboat Condo Financing Issues from WMRA
New Fannie Mae guidelines for condominium financing is preventing buyers in all resort markets, not just Steamboat Springs, who want to take advantage of the lowest prices and lowest interest rates in years from buying a Steamboat condos. Here is an abridged version of the Western Mountain Resort Alliance position paper explaining these challenges. The […]
Steamboat Condo Update
The Steamboat condo market has thawed in 2010 although we’ll have to see some changes in financing availability before the Steamboat condo market fully improves. Condos in Steamboat Springs and other Colorado resort markets are one of the slowest market segments for actual sales because financing remains a challenge. Financing is available, just more challenging. […]
