If you are thinking about purchasing a Steamboat condo, remember that there are owners who will carry the financing for qualified buyers.  It’s a win-win for buyers and sellers and a way to avoid the traditional financing methods that remain so troublesome. Please contact us for information on seller financing.

Until then, there is a lot of interest from cash buyers. Cash buyers made up almost half of the Steamboat condo sales in 2010.  Cash buyers paid an average of 85% of list price for Steamboat condos in 2010 while buyers who financed paid an average of 98% of list price.  (There are more reasons other than cash vs. financing for the difference in the list-to-sold price.  Let us know if you are interested in specific developments or price points and we’ll get you details.)

The post Steamboat Condo Update appeared first on Steamboat Ski Condos.

In fact, The Highmark is turning out to be one of the most active properties here in Steamboat.  Several went under contract at the auction.  Keep in mind that only developer units were auctioned off, not the privately owned ones.

In addition to the auction/developer units, a bank-owned penthouse sold this month and a privately owned condo (a short sale) went under contract last week.  Four are currently under contract.

Some of the reasons I think The Highmark at Steamboat has had so much interest are:  they’re beautifully furnished with nice amenities, rent well, and they are a very short walk to the gondola.

The auction company’s heavy national advertising also raised awareness.  When you compare the price of the Highmark with other properties in that range, you can understand why people are buying at The Highmark.

They are new, nicely furnished, and move-in ready.  (Some of the other developments in that price range can be dated.)

The asking price of the condos is fairly firm.  There are 8 units for sale:  5 are developer units selling for the auction price, and 2 are private owners seeking short sales.  (There is also one privately owned condo that is not a short sale but is outrageously priced.)

Here is a link to all the available condos at The Highmark. They range from 2-4 bedrooms.

The post The Highmark Condos find success after auction appeared first on Steamboat Ski Condos.

The post Steamboat Condos that sold in May, 2010 appeared first on Steamboat Ski Condos.

The post Steamboat Condos that Sold or went Under Contract in June appeared first on Steamboat Ski Condos.

See all the remaining Edgemont condos listed for sale here.

Buyers who purchase at Edgemont before ski season not only get lower pricing, they get the ability to work with the property manager of their choice to maximize rental income for the 2012-2013 ski season.  (About half of Edgemont owners/investors participate in a rental program.)

Edgemont Condos in Steamboat

Summertime in Steamboat means riding the trails on your mountain bike, not your powder skis.  Steamboat transforms to “Bike Town USA” each summer with miles of trails and the new Steamboat Bike Park where more adventurous bikers can experience the same type of thrills found in the Terrain Park.

Every day brings a new adventure, from tubing the Yampa to fly-fishing, golfing, and enjoying smores and sunsets around the Edgemont fire pit.

• Edgemont has 1,2,3, and 3+ floorplans still available from $550,000-$1,995,000.   See all Edgemont Condos for Sale here.
• Edgemont has some of the best rental revenues for buyers looking for income.
• Edgemont is now offering townhomes at pre-construction pricing.
• Edgemont has plenty of amenities–a salt water pool and hot tub, fire pit, game room and slopeside location

There won’t be any new ski-in, ski-out construction projects in Steamboat for a while.  If you are thinking about buying a slopeside condo, call 970-846-8284 to see why you should consider Edgemont.

For investors, Edgemont has some of the best rental revenues for ski-in, ski-out properties.  Contact us for rental information.

Edgemont has long-term financing for qualified buyers, so you won’t have any condo-tel financing hassles.

HOAs at Edgemont include everything but your electric and property taxes, and owners can have pets.

Call us at 970-846-8284 and see why Edgemont is Steamboat’s best-selling luxury ski in, ski out condominiums!

The post Edgemont Announces New Pricing AND New Townhomes for 2012 appeared first on Steamboat Ski Condos.

The reality is that most Steamboat condos that are getting looked at are well-priced, and the closer a property gets to market value, the more likely it will sell around the asking price.

Here are the Steamboat Springs condo and townhome sales for June, 2010.  If you are coming to Steamboat and would like to schedule a time to look at the better-priced properties, please call 970-846-8284

The post Steamboat Condos and Townhomes that Sold in June, 2010 appeared first on Steamboat Ski Condos.

Trappeurs Crossing Condos is a popular condo development for buyers in Steamboat Springs. Trappeurs has six condo buildings–Trappeurs, Timberline, Champagne, Aspen, Emerald and Bear Lodge–with pools, tennis, underground parking, and a new fitness area.

Trappeurs is selling well despite the challenges in the Colorado resort real estate market.

See all Trappeurs Crossing condos for sale here, and scroll down to see sales through early August 2010.

The post Trappeurs Crossing Sold Condos Since Jan 1, 2010 appeared first on Steamboat Ski Condos.

None of the Steamboat condos that sold were bank-owned, and only 17% were potential short sales.

Of the 24 Steamboat condos and townhomes that are now pending, five were bank-owned properties.

In addition to the condos listed below from the Steamboat Springs MLS, 5 Edgemont ski in, ski out luxury condos have sold through the sale Edgemont offered this summer.  Edgemont sold two 1BR condos, two 2BR condos, and one 3BR condo.

The post Steamboat Condos that Sold/Went Under Contract in Aug. 2010 appeared first on Steamboat Ski Condos.

Some Steamboat condos or townhomes are priced higher than market value when they are listed for sale and need a reduction or two (or three….) before getting to a price buyers will notice.

For more details about what is currently for sale in a Steamboat condo development, click on the links below or call us at 970-846-8284

The post Steamboat Condo and Townhome Sales in September 2010 appeared first on Steamboat Ski Condos.

Click on link to see the details:

The post Steamboat Townhome Sales over $1M in 2010 appeared first on Steamboat Ski Condos.