Oak Creek, CO

Stagecoach single family home sales have been solid in 2011. This year, there have been 18 single family home sales in Stagecoach, with 12 being REO/Bank-Owned properties. People looking to buy now will find single family home inventory is low (especially in the popular under $350,000 range), and there are NO bank-owned REO properties currently available for sale. Since the economic downturn, 24 single family homes and 11 townhomes/condos have been foreclosed upon and sold in Stagecoach.

There will no doubt be more bank shadow inventory and other foreclosed properties coming on the market although I would be surprised if we see the volume of distressed properties like we saw in 2009-2011.

The good news? Prices can only increase after the distressed inventory is cleared out, and it’s looking like it could start to happen. Here is a list of all the single family home sales in Stagecoach to date in 2011:

Folks, if saving money is important to you and you would like a healthier home, there is a great home in Oak Creek that you must see. This strawbale, post and beam construction features solar hot water, radiant heating and some really cool touches. First time home buyers take advantage of the $8k tax credit. Time's a ticking. For more information call me today 970.819.4897.

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The World has hit upon the town of Oak Creek as they look for the sometime elusive Rocky Mountain" The Stores have reported large windfalls as the men and ladies that are archers look for the community stores for food!The days have gone where you rubb two sticks there is every kind of fancy contraption to help the hunters out"4Traxs,Suprising the use of helo has been approved. the Farthest so far has been a couple from Wales"I will keep you posted.

Oak Creek, Colorado is looking into forming a central heating system by replacing its coal boilers with a biomass boiler/geoexchange heating system. The biomass boiler will burn pellets created from all the dead beetle kill pine trees.

If it happens, it sounds like a winning way to significantly lower fuel costs for the small town located about 20 miles south of Steamboat Springs and get rid of all the dead lodgepole pines located all over Colorado.

When the beetle epidemic started, Mark Mathis constructed a plant in Kremmling to grind up the trees and form them into pellets for heating homes and businesses. (There is also a pellet plant in Walden.) Mr. Mathis claims that Oak Creek can recoup the costs for the central burner in four years, and Oak Creek can see significant savings after that.

It has been estimated that 90% of the lodgepole pines will be dead by 2013, so long-term supply of the pellets is one of the big question marks.