SOTHEBY’S NEWS – Page 2 – The skinny on Steamboat Springs real estate.

25Apr 2022 by Olson | Tolan Team Blog

STEAMBOAT SOTHEBY’S COMMUNITY FUND GRANTS SURPASS $100,000

SOTHEBY'S NEWS

by steamboatsir | Apr 25, 2022 The Steamboat Sotheby’s International Realty Community Fund recently completed its Spring 2022 grant cycle, awarding $6,900 to Routt County nonprofit organizations. Since its inception in 2017, the SSIR Community Fund has contributed more than $100,000 to 97 different programs and organizations. Established in collaboration with the Yampa Valley Community Foundation, the fund was created as a way for Steamboat Sotheby’s Realty brokers and staff to collectively contribute and make a meaningful impact in Steamboat Springs and Routt County. The programs funded include health & human services, senior services, youth programs, arts and the environment. “We are pleased to partner with Steamboat Sotheby’s and the Resort Group on their Community Fund,” says Tim Wohlgenant, Executive Director of the Yampa Valley Community Foundation. “Through the generous donations of their brokers,…

07Feb 2022 by Olson | Tolan Team Blog

BLOWING THINGS UP: THE MAN BEHIND THE WINTER CARNIVAL FIREWORKS DISPLAY

SOTHEBY'S NEWS, STEAMBOAT LIFE STYLE

by steamboatsir | Feb 7, 2022 The story behind the Winter Carnival fireworks display will blow your mind—pun intended. For starters, the largest firework in the world was detonated at the Steamboat Winter Carnival in 2020. The mortar the firework was shot out of was 26-feet long and weighed 7 tons. The firework itself weighed 2,800 pounds. It was shot a half mile into the air at 300 miles per hour and the mortar was blown almost 23 feet into the air. “There were 56 pages of engineering for building just the mortar,” says Tim Borden, the mastermind behind every Winter Carnival and Fourth of July fireworks display in Steamboat for the better part of the last two decades. “I had the mortar made in Washington and brought down here on a semi-truck.…

20Jan 2022 by Olson | Tolan Team Blog

SOTHEBY’S INTERNATIONAL REALTY® 2022 LUXURY OUTLOOK REPORT

SOTHEBY'S NEWS

by steamboatsir | Jan 20, 2022 SOTHEBY’S INTERNATIONAL REALTY® 2022 LUXURY OUTLOOK REPORT REVEALS RETURN OF INTERNATIONAL BUYER, HYBRID WORK MODEL FUELS REAL ESTATE INVESTMENT Steamboat Sotheby’s International Realty Debuts Second Annual Luxury Trend Report for the Year. Steamboat Sotheby’s International Realty is pleased to announce the release of its 2022 Luxury Outlook report, which identifies the trends likely to shape the world’s prime housing markets in the year ahead. The comprehensive report offers insight into the high-end real estate industry as the starts-and-stops of the pandemic’s reopening fueled even stronger demand and inventory struggled to keep pace. The global report reveals that relief from the market frenzy may not happen quickly as prices are expected to rise in 2022. In addition, a shift to a hybrid work model is fueling more buyers to…

17Jan 2022 by Olson | Tolan Team Blog

A Return to ‘Normal’? The State of Real Estate in 2022

BUYING AND SELLING REAL ESTATE, Helpful Advice, SOTHEBY'S NEWS

Olson Tolan Team 1/17/2022 Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the month of October, only 60.3% of sales involved a bidding war—down from a high of 74.5% in April.2 While this trend could be attributed to seasonality, it could also be a signal that the real estate run-up may have passed its peak. So what’s ahead for the U.S. housing market in 2022? Here’s where industry experts predict the market is headed in the coming year. MORTGAGE RATES WILL CREEP UP Most…

04Jan 2022 by Olson | Tolan Team Blog

END OF YEAR MARKET WRAP-UP

SOTHEBY'S NEWS

by steamboatsir | Jan 4, 2022 When long-time tenured Brokers in Steamboat Springs say prices are at an all-time high and it’s the most competitive market they’ve seen, you know it was a truly an unprecedented year in real estate here in the Yampa Valley. We’ve been watching over the last few years, and particularly since the start of the pandemic, dramatic increases in prices, reduction in inventory, and a challenging buyers’ market like we’ve never seen before. At the end of 2020, many thought, there’s no way 2021 could outpace 2020, yet still records were beat again. While 2021 saw it’s first reduction in the number of residential sales as compared year-over-year since 2009, down 2% from 2020, the lack of inventory and high buyer demand drove prices higher than we’ve seen…

02Jan 2022 by Olson | Tolan Team Blog

WINTER CARNIVAL POSTERS AND BUFFS AVAILABLE FOR PURCHASE

SOTHEBY'S NEWS

by steamboatsir | Jan 2, 2022 Created by local Steamboat artist MB Warner, the annual Winter Carnival poster artwork for the 2022 Steamboat Springs Winter Carnival depicts the simplicity and beauty of old Steamboat. The original piece will be available for purchase through a live auction hosted by the Steamboat Springs Winter Sports Club during Winter Carnival at their All In event on Saturday February 12th, 2022. Limited edition signed and framed giclee prints are available for purchase through Steamboat Sotheby’s International Realty for $425, and the commemorative posters are available for purchase through the end of Winter Carnival. The artwork is also printed on cozy neck gaiters available for purchase, sponsored by the Steamboat Springs Winter Sports Club and The Vanatta Group-Steamboat Sotheby’s International Realty. Buy posters and neck gaiters online at www.sswsc.org or in-person at:…

03Dec 2021 by Olson | Tolan Team Blog

STEAMBOAT SOTHEBY’S INTERNATIONAL REALTY PRESENTS: THE COLLECTION – WINTER 2021/22

SOTHEBY'S NEWS

by steamboatsir | Dec 3, 2021 Steamboat Sotheby’s International Realty is proud to present the Winter 2021/22 issue of our exclusive publication, The Collection, in stands December 17th. The magazine was brought to life out of a desire to create a piece that would feature locally-curated content and stories about the people, places and lifestyle of Steamboat Springs, as well as showcase the homes for sale that are exclusively represented by Steamboat Sotheby’s International Realty. As Steamboat’s leading real estate firm with nearly 40% market share, the company is excited to share this publication, which reflects the quality that exemplifies the Sotheby’s International Realty brand, while also showcasing the wide range of homes, condos, townhomes, ranches and land that are available throughout Steamboat Springs and the Yampa Valley. Please call 970.879.8100 to have a complimentary…

03Dec 2021 by Olson | Tolan Team Blog

THE ART OF THE SELF-PROCLAIMED SKI BUM: DEBUT OF MB WARNER’S ARTWORK FOR THE 109TH WINTER CARNIVAL POSTER

SOTHEBY'S NEWS, STEAMBOAT LIFE STYLE

by steamboatsir | Dec 3, 2021 After living in Steamboat for over 30 years, MB Warner’s Minnesota accent still lingers. It has of way of making everything she says sound lyrical and upbeat, even when she’s being blunt. The self-proclaimed ski bum first came west in the 70s, doing stints in Aspen, Sun Valley, and Steamboat before returning home to finish college, but she couldn’t stay away from Steamboat for long. “I had a Bachelor of Arts degree and oh boy, there I was, still cleaning toilets. I’ve done every job in Steamboat you can think of,” she says. Warner may call herself a ski bum, but she is a professional artist in every sense of the word, and the latest local talent selected to create the 109th Steamboat Winter Carnival poster. It’s true,…

29Nov 2021 by Olson | Tolan Team Blog

STEAMBOAT SOTHEBY’S REALTY ACCEPTING TOY DONATIONS FOR MICKEY’S FUND

SOTHEBY'S NEWS

by steamboatsir | Nov 29, 2021 Steamboat Sotheby’s International Realty is accepting donations for this year’s Mickey’s Fund toy drive – a program to serve the in-and outpatient families at Children’s Hospital Colorado who are struggling. Mickey’s Fund, a program established by longtime local Moose Barrows to honor the memory of his son, has evolved into an event that the hospital calls Snowpile. New, unwrapped toys and monetary donations are currently being collected at the Steamboat Sotheby’s Realty main office at Wildhorse and at the Steamboat Springs Winter Sports Club office at Howelsen Hill. Toys must be dropped off no later than Monday, December 13th and will be delivered to Children’s Hospital Colorado for the Snowpile event taking place December 19-21. “Moose has been a key partner in making our Snowpile event a huge…

28Oct 2021 by Olson | Tolan Team Blog

STEAMBOAT SOTHEBY’S COMMUNITY FUND GRANTS REACH NEARLY $100,000

SOTHEBY'S NEWS, STEAMBOAT LIFE STYLE

by steamboatsir | Oct 28, 2021 The Steamboat Sotheby’s International Realty Community Fund recently completed its Fall 2021 grant cycle, awarding $11,200 to Routt County nonprofit organizations. Since its inception in 2017, the SSIR Community Fund has contributed more than $99,000 to 53 different organizations and programs. Established in collaboration with the Yampa Valley Community Foundation, the fund was created as a way for Steamboat Sotheby’s Realty brokers and staff to collectively contribute and make a meaningful impact in Steamboat Springs and Routt County. The programs funded include health & human services, senior services, youth programs, arts and the environment. “Since 2017, through the generous contributions of their brokers, the Steamboat Sotheby’s International Realty Community fund has granted a total of nearly $100,000 to 53 different Yampa Valley nonprofit organizations,” says Tim Wohlgenant,…