This picture was just too good.
I'm not sure what DeShawn Stevenson is doing that requires an ATM machine IN HIS HOUSE, but whatever it is, I seriously doubt if it's legal.
Here's a nice article about a British reporter's trip to Jackson
I'm not really big on the whole child abandonment thing, but I do think it's pretty cool that one of the most powerful men in the world can go out to a bar, have a drink with his family and then do something that any married couple with a child might do. Call me crazy, but I just don't see the Obama's:
a.) Going to a bar.
b.) Going to a bar without 50 secret service, handlers and press choreographing every move, and
c.) driving back themselves and picking up the child without all of DC going into some sort of catatonic Code Red hysteria.
An article from CNN indicates again that the time is now to buy a home.
And another about the historically low mortgage rates.
Looks like Uncle Mitt will passing the hat at Dick Cheney's house in Wilson in July.
Here is an article from the LA Times about lack of inventory of quality homes for sale. To an extent, we are seeing this problem in Teton County.
This is a good article from the NY Times on what to look for when choosing a real estate broker to represent you. I especially like the part about so called duel agency. In my opinion, the same conflict arises with an "Intermediary" relationship.
Real Estate:
Some interesting numbers from 1/1/2012 -6/12/2012 compared to the same period last year; (data does not include private sales)
Condo's and Townhouses in the Town of Jackson:
2011 2012
Total sales 26 23
Ave. days on market 486 296 (-18%)
Total $$ volume $9,876,500 $7,372,655 (-25%)
Ave sale price $316,462 $254,296 (-19%)
Compare with the Wilson area: (all single family homes)
2011 2012
Total Sales 11 11
Ave. days on market 531 433 (-22%)
Total $$ Volume $26,700,000 $31,585,000 (+18%)
Ave. sale price $2,871,364 $2,427,272 (+18%)
Compare with all condo in Teton Village (not including Shooting Star)
2011 2012
Total sales 21 11
Ave day on the market 587 574
Total $$ Volume $18,317,500 $9,983,000 (-45%)
Ave. sale price $872,262 $907,546 (+4%)
It should be noted that there were 26% fewer listings in Teton Village compared to last year.
Clearly the Wilson area is gaining momentum, while the condo/townhome market in the Town of Jackson is lagging behind. In general, there seems to be more Buyers from last year but the lack of quality inventory seems to be holding many people back despite historically low interest rates - IF you can qualify.
A few notable recent sales:
5br/4ba House in East Jackson (E. Hansen) built in 2000, 4100 sq. ft., .17 acres, good shape, Listed $995,000 CLOSED $910,000
3br/3ba Bungalow in Wilson, 2300 sq. ft, built in 2005, .17 acres, good shape, Listed for $925,000 CLOSED for $885,000
4br/4ba Cluster Home in Teton Pines, 3500 sq. ft., good shape, upstairs living, lots of deck space, Listed for $1,495,000 (orig. $1,900,000) CLOSED $1,225,000.
3br/2ba house in Cottonwood, 2255 sq. ft., .17 acres, Listed for $580,000 CLOSED $500,000
3br/2ba condo in Teton Village, close to Moose Creek lift, 1225 sq. ft. Listed for $525,000 CLOSED $485,000
3br/3ba condo in Teton Village, close to the base of JHMR, 2300 sq. ft., average condition, Listed for $910,000 CLOSED $850,000
4br/5ba Townhouse in Teton Village, ski in/ski out, 4100 sq. ft., excellent condition, Listed for $3,495,000 CLOSED $3,100,000
As always, please give a call if you'd like more information on these listing or any other real estate in Teton County.
BTW, the Red Sox are leaking oil, big time.
