More Home Buyers are Bringing All-Cash Offers to the Table

More home buyers are bringing all-cash offers to the table.  Recently reported in the Washington Post business section, nationwide almost 40% of all real estate transactions are being negotiated with cash offers. Here in Jackson Hole we tipped the scales back in 2010 and have seen over 50% of all transactions using cash at the […]

Fixed Mortgage Rates Remain at Six-Month Low

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates easing slightly for the third consecutive week to remain at a six-month low. “Mortgage rates were little changed amid a week of light economic reports” says Frank Nothaft, vice president and chief economist, Freddie Mac.  “These lower […]

Inventory Shortage Impinges Market Performance

The Jackson Hole Report is the most accurate and trusted real estate market report in Teton County, WY. We derive our statistics from a privately-maintained database that tracks every single sale, not just the ones reported through MLS. Ever since our market hit bottom at the end of 2009, sales have steadily increased, staring with Q1 2010 […]

Wyoming Ranks as Most Tax-Friendly State for Retirees in the Lower 48

Kiplinger August 2013 Just as you shouldn’t let tax considerations drive your investment decisions, you shouldn’t move to a state just because its taxes are low. But if you’re considering several retirement destinations, taxes should certainly be a factor because they can have a significant impact on the amount of income you’ll have to spend […]

It was a big week for David Viehman

BY MARK HUFFMAN / JACKSON HOLE PROPERTY GUIDE MARCH 18, 2014 Longtime Realtor David Viehman had a busy week recently, switching from one big Jackson firm to another and while he was doing it closing what’s thought to be the biggest house sale ever in Teton Village. The sale was of a house in the […]

What’s hot in the real estate market

CNBC Published: Thursday, 16 Jan 2014 | 8:00 AM ET By: Diana Olick | CNBC Real Estate Reporter Real estate values are finally, solidly on the rise. Both residential and commercial properties are seeing strong gains and potentially long-term yields. For investors large or small to cash in, the most important factors to consider are location, […]

Save big bucks on your taxes by deducting all sorts of weird odds and ends

Real Estate Tax Talk Inman News by Stephen Fishman – Contributor In our last few articles we’ve been looking at the new IRS regulations on how to classify repairs and improvements for tax purposes. The voluminous regulations contain some things that are pretty good for owners of residential rentals and commercial properties, and some things that aren’t so good. Among the […]

Prime Time for Locals

The Hole Report is the most accurate market report in the region. All of the stats are derived from a privately maintained database that tracks every sale in Teton County, WY; not only the 65% of sales that go through our MLS.  This report compares the first nine months in 2012 to the first nine […]

Devon Viehman Named REALTOR® of the Year

Devon Viehman-Wheeldon 2013 WYOMING REALTOR® OF THE YEAR The Wyoming Association of REALTORS® announced the 2013 REALTOR® of the Year at the 61st Annual State Convention in Casper. REALTOR® of the Year, a peer recognized honor, is one of the highest awards given by the state association. Each of the 14 Wyoming local boards of REALTORS® […]

Housing Recovery Enters New Phase

Realtor.com July’s real estate market data shows the nation experienced a 5.24 percent decline in housing inventory, which is the second month in a row with year-over-year inventory declines in the single digits. National median list prices increased 5.27 percent year-over-year while median age of inventory is down 16.67 percent. While California markets have dominated […]