Is now the time to buy?

When deciding to buy, timing is always a concern, especially now in a tough economy and with prices that are continuing to fall in some areas, flat in some areas, and showing signs of increases in yet another.

Despite all the gloom, however, there are growing indications that it is a good time to buy. Mortgage rates, which are in the 4.5 % range, according to Freddie Mac, are near 50-year lows. Homes have become more affordable than they have been in years: According to Moody's Analytics, the ratio of home prices to income is now 20.9% lower than the 15-year average through 2010 and 12.5% lower than the 1989-2004 average.

Historically Jackson Hole prices have maintained themselves or recovered over time and proven to show appreciation over the long-term. Waiting for 'perfect timing' or 'the bottom' often results in missed opportunities, because historically prices immediately turn upward when the market hits true bottom.  At that time, it will be too late to take full advantage of the low interest rates and buying opportunities we are experiencing today. And though history does not provide certainty of future results, when a buyer gets over the psychological pricing hurdle and plans on at least a 2-5 year horizon, the Jackson Hole real estate market has almost always been consistently rewarded.  We believe those who sit on the sidelines too long waiting for a 'better deal? or even lower pricing will spend the following years regretting that indecision and procrastination.  The fact that only about 2 ½ % of the land in the Jackson Hole area is privately held, we are surrounded by National Parks, and Wyoming has no state income tax will always make Jackson Hole one of the best places to call home.

Working as your Buyer“s Agent, we will give you, the Buyer, a duty of utmost good faith, loyalty, and fidelity. We will negotiate on your behalf and work to show you properties that meet your criteria. At our company, Jackson Hole Real Estate Associates, LLC - Christie's International Real Estate, we are proud to be part of a network of agents which often results in knowledge of value priced properties before they are even made public. We have access to all properties listed by all real estate firms in the area through the Teton County Multiple Listing Service (MLS) and will show you all properties that may fit your needs whether it is our listing or not.  We take it a step further than most agents. Because of our personal experience and vast knowledge of the area, 25 years in the business and our local connections we can regularly offer properties that are not yet listed for sale.  In addition, we will cater the search to your specific criteria and keep an "ear to the ground" for potential deals and new listings.

We offer Buyer Agency and frequently work with buyers searching for that perfect property or great real estate deal. Our mission statement is the reflection of our work ethic and the values of our brokerage, Jackson Hole Real Estate Associates, LLC - Christie's International Real Estate, to do what is in the best interests of our clients.

We have knowledge of the market that very few have and have a deep understanding of the market that can only be gained through years of experience. We are partners in our company Jackson Hole Real Estate Associates, LLC, Jackson's largest locally owned real estate company and the exclusive affiliate of Christie's International Real Estate.  We have seen real estate trends over the years and have seen values steadily gain throughout the valley, despite temporary changes to the market and feel confident in evaluating correct market values for today's market of all types of properties.

We currently know of several properties that we believe can be purchased substantially below the asking prices, and at prices that we believe will represent real long term values. Almost all of these properties are not advertised or are not being offered at the actual prices for which they could truly be purchased. We are confident we can help you make informed decisions about your real estate needs. Without any cost to you, we believe our knowledge of the market can save you, the Buyer, thousands of dollars.

As always please feel free to contact us anytime by email or phone with any questions.