On the Market
Tom Ross' On the Market column appears Sundays in the Real Estate section of the Steamboat Pilot & Today. Contact him at 871-4205 or e-mail tross@SteamboatToday.com
Steamboat Springs Lynne Bier, of Home on the Range in Steamboat Springs, was one of 29 interior designers in the state to win Crystal Awards from the American Society of Interior Designers Colorado Chapter this season.
Bier, who has done interior design work on many of Steamboat’s finest homes, was recognized for her creative approach to transforming a small hallway into an inviting library and disguising the entrance to a powder room in the process.
“The design team used clever strategies to incorporate a hallway door into the design,” the judges wrote. “Lighted valances in the bookcases illuminate the new space. To de-emphasize the existing powder room door, the door height was lowered and the door painted a distressed blue-green. With bookcases built around the matching doorjamb, the look is of one cohesive unit.
“The library adds a handsome focal point when viewed from the great room.”
Home on the Range has a new showroom in Loggers Lane on the city’s west side that features furniture, art, antiques and accessories.
Burden home for sale, was once a city manager’s
The Victorian-style home listed for sale at 1786 Brome Drive belongs to former One Steamboat Place project director Chris Burden and his wife, Emily. In case it looks familiar, it originally was built for former Steamboat Springs City Manager Harvey Rose by Habitat Construction.
It’s listed at $689,000 by Chloe Lawrence, Darlinda Maxwell Baldinger and David Baldinger Jr., of Steamboat Village Brokers. The 1,661-square-foot home has three bedrooms and 2.5 baths. The lot in Hunters Ridge is 0.35 acres.
Lawrence said the Burdens have moved to South Carolina, where Chris is working on another project for Timbers Resorts, developers of One Steamboat Place.
A photo of the home is in heavy rotation at the top of www.steamboathomefinder.com.
Homebuyers still have hope for tax credit
Homebuyers already engaged in seeking tax credits could be given more time to close the deal.
The National Association of Realtors is praising a trio of U.S. senators for introducing a measure to extend the homebuyer tax credit closing deadline to Sept. 30. They are Senate Majority Leader Harry Reid, D-Nev., and Sens. Johnny Isakson, R-Ga., and Chris Dodd, D-Conn.
“As the leading advocate for home ownership and housing issues, NAR commends these senators for their attentiveness and sensitivity to thousands of qualified home purchasers, who through no fault of their own, are not able to meet the closing deadline of June 30 for the homebuyer tax credit,” NAR President Vicki Cox Golder said. “Now, we urge the Senate and the House to act quickly to pass this legislation and ease the minds and pocketbooks of these homebuyers.”
The measure was offered as an amendment to H.R. 4213, a tax extension bill now in the Senate.
NAR estimates that the number of homebuyers who have qualified for the tax credit and met the contract deadline of April 30, but who will not be able to close their transaction by the June 30 deadline, could go as high as 180,000. Realtors have reported that as many as one-third of qualified applicants have been notified by lenders that their mortgages will not close before June 30 because of the sheer volume of applications in the pipeline.
“These are not buyers who just entered into the market. These are buyers who previously met all the qualifications for the tax credit but find themselves at the mercy of a work-flow jam with the lenders or other delays and might not be able to complete the purchase of their homes,” Golder said. “It would be a tragedy for them not to be able to complete the purchase in time to claim the credit.”