Steamboat Today: Real estate

77-unit condo building in Steamboat returns to city planning process

A resort condominium project envisioned for Burgess Creek Road in 2007 has returned to the city planning process with plans for 77 units in a building just north of the existing Bronze Tree project.

On the Market: Colorado Group Realty affiliates with worldwide network

Colorado Group Realty recently was awarded affiliate status in Leading Real Estate Companies of the World and its luxury network, Luxury Portfolio International.

Entry-level homes drive average price, unit volume for 2011

Homes priced for less than $200,000 dominated transaction volume in the Steamboat Springs Multiple Listing Service in 2011, but there aren’t as many of those condos available for sale in the first quarter of 2012 as there once were.

Real estate transactions for Jan. 27 to Feb. 2

Fannie and Freddie own 39 properties in Steamboat

Most of the inventory is at the low end of the price spectrum

Among the 62 foreclosed homes actively listed on the local real estate market, 39 are offered by the federally sponsored mortgage packagers Freddie Mac and Fannie Mae.

Intrawest CEO says company has diverse revenue streams

Intrawest CEO Bill Jensen told an audience at The Steamboat Grand this week that his company is fiscally strong and he expects that measurement of the company’s strength to continue to improve during the next few years.

On the Market: Yazbeck leads Coldwell Banker in 2011 sales

Robert Yazbeck was recently named the top-producing sales associate of 2011 in total sales volume for the Coldwell Banker Distinctive Properties Steamboat Springs office.

Steamboat resident searches for cause of flooding

Ice damming issues build up along Yampa River west of town

A west Steamboat Springs homeowner is dealing with an unexpected issue this year: winter flooding.

Real estate transactions for Jan. 20 to 26

Speaker: Normal home value appreciation could begin by mid-decade

Don’t expect dramatic improvement in the real estate market in 2012, but there’s reason to hope for a return to more normal appreciation in the value of homes by the middle of this decade.

Peabody Energy gives OK to Sage Creek

Coal contracts are likely to secure hundreds of jobs in Routt County

Peabody Energy announced this week that it will go forward this summer with plans to move its underground longwall coal mining operation a few miles from its present location in western Routt County to the new Twentymile Sage Creek portal.

On the Market: University of Colorado students scope out town

Forty-two MBA students from the University of Colorado Leeds School of Business were in Steamboat Springs on Friday to check out some of Steamboat’s most recent real estate developments and topped their visit off with a panel discussion by four local real state professionals and a lively cocktail hour (or two) at Carl’s Tavern.