Eliese Pivarnik, Colorado Group Realty, RSPS, CDPE Steamboat Real Estate

One Steamboat Place at the base of the Steamboat Ski Area has opened its model unit and it looks spectacular.

The 3 and 4 bedroom units are large and spacious with separate areas for the master bedroom and guest bedrooms. They are decorated with splashes of red for a look we haven't seen before in Steamboat Springs. Call it urban western or edgy mountain chic, it looks great.

The luxury whole ownership and fractional ownership condos at One Steamboat are almost sold out. Only one or two whole ownership luxury ski-in, ski-out condos are available and a handful of 1/8th and 1/12th fractional units are available.

Whole owners and 1/8th fractional owners can use the Tom Weiskopf designed golf course at Catamount, one of Steamboat's most exclusive golf communities.

1/12th fractionals are available for owners looking to spend 2 weeks in the winter and 2 weeks in the summer in Steamboat Springs, with other times available on a space-available basis.

If you would like to tour the model unit or are considering purchasing one of the new developments in Steamboat Springs like One Steamboat Place, please call (970) 819-6372 or email me to set up a showing.

Click here to see photos of One Steamboat Place over the last two years.

This three bedroom home north of Steamboat Springs on Neptune Place in the Steamboat Lake Subdivision is only 3 years old and is close to two state parks (Steamboat Lake State Park, Pearl Lake State Park) and the Routt National Forest.  This home is move in ready, and the sellers are offering a $2000 buyer incentive to use for anything--closing costs, a deck to enjoy summer barbeques, new furniture, or maybe a snowmobile to have fun in North Routt.

Learn more about Steamboat real estate at SteamboatHomeSales.com.

If you are a Steamboat real estate investor with 4 properties who was sitting on the sidelines drooling at the opportunities now available in the Steamboat market, your golden opportunity is here. FNMAE just announced a change to the policy that will allow investors to own ten properties up from four properties.

First, a little background. If a Steamboat Springs investor owned more than 4 properties, they were unable to secure financing no matter how good their credit was or how much cash they had. It made very little sense that investors, who buy a lot more property than the average single family homeowner, were not able to take advantage of the low interest rates and oversupply of properties now available in Steamboat.

Even the average Steamboat real estate owner suffered because the pool of people willing, ready, and able to buy was smaller with the investors unable to jump into the market.

Investors are unemotional buyers. Where many buyers have decided to wait to buy property after reading all the negative headlines and watching all the bad news, investors know the market will ultimately improve and want to get in now.

(They want a great price, too, but that's another blog post...)

Here are the details to getting financing if you want to invest in more Steamboat real estate: (Click here to read the entire Fannie Mae Guidelines.)

• Be ready to fully document your income
• Have cash reserves to cover from2-6 months depending on the type and # of properties outside your primary residence. (Two months reserves for Steamboat second homes.)
• Your cash reserves can include 401Ks, IRAs, stock accounts, mutual funds, and ready cash in checking and savings accounts.
• If you want to include rental income, it needs to be on your last two tax returns.
• Credit score above 720.

Please contact us or call (970) 819-6372 for more information or a short list of properties that would make great investments here in Steamboat Springs.

Bear Lodge, the newest and most luxurious building at Trappeurs Crossing, is completed and ready for ski season occupancy. Last month, 8 units closed for an average price of $1,162,075. Several are still available for purchase.

Bear Lodge and Emerald Lodge (which was completed about a year ago) may represent some of the best values for new construction in Steamboat. Bear Lodge has several patio units which open onto a private patio with a hot tub, gas fireplace, and grill. Rental income for patio units is substantially more than non-patio units. The pool and community hot tub is centrally located.

Bear and Emerald Lodges are part of the Trappeurs Crossing complex that also includes the original Trappeurs, Timber, Champagne, and Aspen lodges. It is a well-managed complex with several pools, tennis, underground parking, and a location on Village Drive that’s a block from the ski slopes. Because there are six buildings with owners who share all the amenities, HOA’s are relatively reasonable.

If you are looking for new construction and considering projects like Trailhead Lodge, give us a call at (970) 819-6372 or contact us to discuss all the new Steamboat Springs projects including Bear Lodge.

Please visit SteamboatHomeSales.com to search ALL Steamboat listings and for the latest Steamboat Real Estate news.