House of Cards

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House of Cards Part 5: Reshuffling the deck

In the summer of 2007, Matt and Stephani Murphy put in a $440,000 offer on a house in Stagecoach's Red Hawk Village neighborhood. Another prospective buyer made a higher offer on the same day, and the Murphys lost out on the house in the modest subdivision south of Steamboat Springs.

House of Cards: The future of lending

Kathryn Pedersen, a vice president and mortgage loan officer at Yampa Valley Bank, didn't want to paint too dark a picture of the housing loans market during a mid-July interview. She did, however, acknowledge that loan seekers are likely to see more and more regulations moving forward through the next few yea

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House of Cards Part 4: New game, new odds

The plot in West End Village purchased by Tara and Buck Chavarria gave rise to more than a house. After the final roofing tiles were nailed on, the house became a hub for a growing family and a growing church, with as many as 50 Sk8 Church teens in the basement for weekly meetings.

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House of Cards Part 3: Holding a losing hand

When the tentacles of the national housing bust slithered into Routt County last year, they didn't stop with foreclosures and a lending crunch. They crept onward, sneaking into the lives of engineers, interior designers, contractors, restaurateurs and retailers.

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House of Cards Part 2: The mortgage market folds

Erik Griepentrog doesn't take bagels to work on Mondays anymore. For Griepentrog, it is one of many steps - others include selling a car and cutting back on child care expenses - he and his family have taken in the past year to curb spending.

House of Cards: Red Hawk Village: A case study

Walk into the Steamboat Springs offices of Mountain Valley Communities and an empty desk will greet you. It turns out a receptionist is an expendable luxury for the company in times like these.

House of Cards Part 1: Steamboat goes all in

Fueled by a retiring baby boomer generation with an affinity for mountain resort property, Routt County's real estate market ballooned to unfathomable levels in the middle part of this decade. But the housing bubble has burst, and the real estate development market in Steamboat and ski towns like it might never be the same.