The Buyer’s Market, at this time, is in the under $1 million price range. Jackson Hole has almost three times the number of homes, condos and vacant land available, for under $1 million, than we had in the summer of 2007. You don’t know when real estate will be at bottom until it’s too late though. Get out there and find a property you really like. Then, be willing to negotiate and walk away if the Seller isn’t motivated. Go to the next best property and negotiate again. There are many motivated Sellers out there and, with interest rates still historically low, this Buyer’s Market won’t last long.

There are also still bargains north of Jackson in Moran. All five subdivisions in Moran border National Forest or National Park land offering buyers coveted direct access to hunting, fly-fishing, snowmobiling, skiing, and hiking. Most neighborhoods allow horses, and there are unparalleled views of the entire Teton Range. On average, prices are 30% less per acre for vacant land and 20% less per square foot for homes. Often touted as “The Old Jackson Hole,” Moran has a quaint Old West feel that full-time and part-time residents adore. It’s quiet and peaceful, and property owners here enjoy literally walking or riding out their backdoor into National Forest land. You can also seek out a bargain in the Squaw/Game Creek area just seven miles south of the town of Jackson.

FYI, for tips on how we can help you to purchase real estate in The Hole, go to the "Rest of the Story" page and click on "For the Buyer"

Jackson Hole Real Estate & Appraisal’s team can serve as your guide to locating these bargains. Call 307.734-9941 and ask for Devon or David or visit www.jhre.net to learn more.

If you own property (lot, condo/townhouse or home), anywhere in Teton County, now is not a good time to think about selling. Inventory levels have doubled since the summer of 2007 and many motivated Sellers are lowering their asking prices too or below market value. Combine the increase of inventory with motivated Seller’s, and you have the recipe for a Buyer’s Market. If you list today you may be selling short.

FYI, for tips on how we can help you to sell your real estate in The Hole, go to the "Rest of the Story" page and click on "For the Seller".

Jackson Hole Real Estate & Appraisal’s team can serve as your guide to locating these bargains. Call 307.734-9941 and ask for Devon or David or visit www.jhre.net to learn more.