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Home Sales Surge in Resort Towns Even as Covid Looms Over Ski Season

Real Estate Investing

By Nancy Keates
The Wall Street Journal

People fleeing big cities amid the pandemic are swarming mountain towns in search of more space and the great outdoors.

Rob Turner is a big skier. But it wasn’t skiing that pushed him to make an all-cash, $1.3 million offer on a three-bedroom, four-bathroom, penthouse condo with ski-run views in Park City, Utah, in August.

The impetus to buy this summer was the town’s quality of life—a welcome respite from his home in San Francisco, where the pandemic and recent wildfires have made it unpleasant to go outside. Mr. Turner isn’t the least bit worried that coronavirus-related restrictions will limit skiing in Park City this year.

“It’s a ski mountain, but it’s also a beautiful place,” says Mr. Turner, 45, a wealth management adviser. “There are other things to do there.”

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October 1, 2020/by bhhsjh
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  • October 2020
  • June 2020
Berkshire Hathaway HomeServices Jackson Hole

Berkshire Hathaway HomeServices

Brokers of Jackson Hole Real Estate
138 N. Cache Street
P.O. Box 4489
Jackson, WY 83001

Connect

(307) 733-4339
info@bhhsjacksonhole.com

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Our Teton skies captured by @grandtetonnps⁠ ⁠ Our Teton skies captured by @grandtetonnps⁠
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New Listing in Teton Pines! This exceptionally mai New Listing in Teton Pines! This exceptionally maintained Teton Pines cluster home and it's mountain motif sits in a quiet and highly desired section of the resort subdivision. The home boasts an open floor plan, gourmet kitchen, gracious amounts of natural light, and close access to the Golf Club and world class outdoor activities that Jackson Hole is famous for. ⁠
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Follow link in bio to view more including a virtual tour. Contact @harlandbrothersrealestate for more information.⁠
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Driggs business opportunity!! Day Dreams Espresso Driggs business opportunity!! Day Dreams Espresso is one of two drive thru coffee businesses in Teton Valley located in the downtown core of Driggs, Idaho. This turnkey coffee shop has an established cliental base with a transferable lease in place. 5 year option to renew in 2026. The space included across the parking lot next to the liquor store is currently used as storage for the coffee drive thru. This space could be utilized as a second retail front with ample storage in the basement.⁠
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Contact Haack & Brawner Real Estate @bhhstetonvalley for more information. ⁠Link in bio.⁠
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Get ready for some awesome weekend plans! Old West Get ready for some awesome weekend plans! Old West Days happening this Saturday with the world-famous Elkfest Antler Auction! Come out to Town Square to see the world's best collection of elk antlers (collected by our own Boy Scouts) and do some bidding. It's quite the experience even if you're not interested in bidding! For more details, visit @jhchamber link in bio.⁠
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Repost @jhchamber⁠
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Recent bluebird morning captured by @jacksonhole⁠
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Beautiful, gently sloping lot at the end of a cul- Beautiful, gently sloping lot at the end of a cul-de-sac in Alta, Wyoming. This lot offers privacy with 360 degree views. Build your dream home adjacent to Targhee Village Golf Course and within walking distance to BLM and National Forest access. Located approx. 5 miles to Driggs, Idaho and 10 miles to Grand Targhee Ski Resort.⁠
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View property link in bio. Contact Ali Maguire (ali@bhhsjacksonhole.com) for more information.⁠
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Market update brought to you by @harlandbrothersre Market update brought to you by @harlandbrothersrealestate⁠
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The latest Real Estate National Market Update from various data sources:⁠
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-Overall we are seeing a continuous increase in home prices for this year with a possible increase in interest rates too.⁠
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-Forecast shows an average of 9% in prices.⁠
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-Number of Sales is gradually progressing.⁠
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Contact one of our local experts at Brokers of Jackson Hole Real Estate for more information.⁠
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Rare find 118-acre Big Piney horse property boasti Rare find 118-acre Big Piney horse property boasting unobstructed views of the Wyoming Range with the live-water of North Piney Creek and still-water in the form of a large pond near the 2,232 square foot home.⁠
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Follow link in bio to view more including virtual tour and drone footage. Contact Tim Harland (timh@bhhsjacksonhole.com) @harlandbrothersrealestate or Elizabeth Palmer (epalmeryourrealtor@gmail.com) for more information.⁠
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To every mom who has made home truly feel like hom To every mom who has made home truly feel like home, today is your day. Happy Mother’s Day!
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Check out these Grand Teton mountain views from th Check out these Grand Teton mountain views from the Golf Creek Ranch unit. There are the wall of windows so you will never miss a sunset.⁠
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View more including virtual tour from link in bio. Contact Jennifer Reichert @jenniferreichertinjh for more information.⁠
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