Rick Armstrong's (rickarmstrong) Blog

This report is specifically based on Jackson Hole Real Estate encompassing Jackson, Wilson, Teton Village, Jackson Hole Mountain Resort, Moran and surrounding Teton County real estate. I make every attempt to make my reports unbiased and accurate and I do not "cherry pick" only the results I thi...

My last post eluded to the fact that buyers are having to become more realistic in there pricing.  It has now become am reality here in Teton County Wyoming.   We have seen 113 price reductions in the last 45 days and I consider this to be the start.  The best values (and the market segment most ...

Finally, we are seeing an easing of prices here in Jackson Hole. After multiple years of double digit appreciation we are seeing a rise in inventory and multiple price reductions. What is happening? Short answer: Reality has set in. People have been asking prices based on speculative 20% increase...

FOUR SEASONS JACKSON HOLE _ TETON VILLAGE Four Seasons Jackson Hole - 3 bedroom 3 Bath Ski in Ski Out Condo at Teton Village Just listed by Alan Luther one of our Brokers.    This property has been ranked as one of "the top resort hotels  in the world" by Travel and Liesure.  There is not an amen...

This was just lsited by one of our agents Jim Kandolin - 3 Bed room 3 Bath single family home located in rafter J.      Square footage :  1502 Square ft on .25 acre lot.  In excellent condition -  asking price  $815,000

One of my biggest goals as a broker and owning a brokerage is keeping my friends and clients informed on what the market is doing.  I don't provide fluff.      I stick to statistics and knowledge.   I consider the use of my time a valuable resource and the more I know the better my clients will d...

Sold Price                          Type          Beds Bth Acres Asking Date Closed     Closed at          Days on Market $835,00050 ABSAROKA DRIVE Jackson, WY 83001Closed /  Residential Residential 3 3 0.19 860,000 06/27/2008 835,000 Cash 71 $1475 E BROADWAY B-3 Jackson, WY 83001Closed /  Reside...

We have been working for almost one year to bring our clients the best video blog upadate on the web. This is meant to be an informative tour of Jackson Hole Properties. It will be updated weekly. cheeck it out at www.rarejh.com - I can show other brokers and agents how this is done in trade for ...

A quick summary of the Jackson Hole real estate market with a simple year over year comparison.Between January 1st 2007 and March 21st 2007 there were 135 properties for sale in the Jackson Hole Valley.The lowest priced unit was $295,000 Ponderosa Condo, 712 square ft  not remodeled (sold for 281...

So far in 2007 we have seen 60 closings in the Jackson Hole area.  This includes Wilson, Teton Village, and the Town of Jackson real estate offerings.   Closings of interest:Hotel Terra in Teton Village has it's - first flip:   A small 3bedroon unit closed at $2,150 Hitting $1400 a square foot.A ...