Wow – Christy and I just learned some powerful information this week that we would like to share. It was brought to our attention that buyers that are in the lower end of the market should be talking with their mortgage bankers about FHA loans and or assumable mortgages. This is forward thinking but … Continue reading Buying in Jackson Hole– Make Sure You Ask About Assumable Mortgages
First-time Homebuyer
Fixed rate mortgages hit new low
According to a recent article by the Associated Press, Fixed-rate mortgage rates fell last week to the lowest levels in 60 years. The average interest rate for a 30 year fixed rate mortgage is now 4.12%, Freddie Mac said last week. It is the lowest rate on record since 1971, and the cheapest rates since … Continue reading Fixed rate mortgages hit new low
Also posted in Financing, Foreclosure, Mortgage Updates, re-finance, Short Sale Tagged 30 year fixed rate loans, first time home buyers, Jackson Hole, prime mortgage rates, real estate in Jackson Hole, record low rates, WY Comments closed
Cottonwood Flats – Brand New Townhomes in Jackson Hole
Don’t miss the opportunity to tour Cottonwood Flats – Jackson Hole’s newest townhome development. These brand new townhomes feature hardwood floors, stainless steel appliances, attached garages and plenty of windows. The covered front porches and sidewalks throughout the development contribute to an ‘old neighborhood’ feel. All units come with a 1 year builders warranty. Cottonwood Flats … Continue reading Cottonwood Flats – Brand New Townhomes in Jackson Hole
Also posted in General Real Estate Information, New Development, pet-friendly home, Townhomes Tagged Cottonwood Flats, Cottonwood Flats Townhomes, Gillespie Real Estate Team, Jackson Hole real estate market, Town of Jackson Comments closed
Extended Home Buyer Tax Credit – Time is Running Out!
Last fall, Congress extended the Home Buyer Tax Credit to April 30, 2010 and expanded the program to apply to non-first time homebuyers as well. These buyers are sometimes referred to as “repeat buyers” or “long term residents”. Here are some further details on the Extended Home Buyer Tax Credit: Deadline: All buyers must be … Continue reading Extended Home Buyer Tax Credit – Time is Running Out!
Also posted in General Real Estate Information, Real Estate Buyer & Seller News, Tax, Tax Credit Tagged Christy and Garth Gillespie, first time hom, home buyer tax credit, Jackson Hole Experts Comments closed
Brand New Townhomes for Sale in Jackson Hole, WY
Cottonwood Flats are Jackson Hole’s brand new 2 and 3 bedroom townhomes. Offered by The Gillespie Real Estate Team, all townhomes include… covered front porch attached garage backyard hardwood floors large windows brand new appliances pet friendly limited common walls with other townhomes Cottonwood Flats are located in a great part of the town of … Continue reading Brand New Townhomes for Sale in Jackson Hole, WY
Also posted in Appliances, Decks, New Listing in Jackson Hole, New Listings, pet-friendly home Tagged Jackson Hole Real Estate, The Gillespie Real Estate Team, Town of Jackson, Wyoming Comments closed
Sotheby’s Doing Their Part To Support the Real Estate Industry
Last week Christy and I received an email from Kathy Korte, President and CEO, of Sotheby’s International Realty, updating us on ways the private sector are trying to jumpstart the sluggish housing market. A Business Roundtable was formed and here are the results of that meeting. Business Roundtable, an association of chief executive officers of … Continue reading Sotheby’s Doing Their Part To Support the Real Estate Industry
Also posted in General Real Estate Information, Market Updates, Real Estate Buyer & Seller News, Tax Credit Tagged Christy and Garth Gillespie, current housing market here in Jackson Hole, First-Time Homebuyer Tax Credit, Jackson Hole Experts, Kathy Korte, of Sotheby's International Realty, President and CEO Comments closed
Research Is Suggesting That Large Homes May Become A Thing Of The Past – In Jackson Hole?
Recent data is showing that homes being built today are smaller than they were in the beginning of 2008. In the third quarter of 2008 median home size was 2,090 square feet, down from 2,629 square feet in the second quarter of 2008. With housing prices dropping and the economy weakening, homeowners may be looking at homes [...]
Also posted in General Real Estate Information, National Association of Homebuilders, Real Estate Buyer & Seller News Tagged Christy and Garth Gillespie, Jackson Hole Experts, Jackson Hole real estate associates for Sotheby's Inter, Jackson Hole real estate market, Jackson Hole real estate tips Jackson Hole real estate, Teton County Planning and Building Department, Town of Jackson Comments closed
