Monthly Archives: January 2014

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This article from Realty Trac has been floating around social media so I wanted to share with all of my followers.     I can see Tamarack Resort somewhere on that list in the near future!   With our Foreclosure Inventory (just one REO listed property) and 2013 Foreclosure Rates down, Rental Occupancies up, Median Price of built homes in the $500K range (starting at $199K), imagine what Tamarack will be when the Village Plaza is finally complete!    For those of you just tuning in to Tamarack, click on this link for the vast press releases from the highest rated publications across the country:  Tamarack Resort Press Releases 2005-2007

January 10, 2014 By Daren Blomquist, RealtyTrac Vice President

With the busyness and stress of the holidays over — except for maybe that Christmas credit card bill that needs to be paid — it may be time to get away from it all by going on a ski vacation in a snowy mountain resort town. Those who make such a post-holiday trip into an annual tradition might consider buying real estate in their favorite mountain resort town so they have a place to stay each year without racking up mammoth hotel fees on top of the cost of airline tickets — most of the best skiing and snowboarding resorts are far enough removed that a plane ride is needed to get there — and lift tickets. Plus the property can be rented out as a weekly, monthly or seasonal vacation rental, sometimes bringing in enough cash flow to cover the cost of ownership. In ski resort towns with a solid economy, buying non-vacation rentals may even be a good play for real estate investors — even if they aren’t into skiing or snowboarding.

SLIDESHOW: HOMES IN TOP SKI RESORT TOWNS FOR REAL ESTATE INVESTING

RealtyTrac sifted through housing and economic data for resort towns with some of the nation’s top ski resorts — as defined by extensive data analysis by our friends over at Zrankings— to come up with a list of top ski resort towns for real estate investing.

Below is the list. See below for more information on the methodology and downloadable tables with the full dataset used for the analysis. And just to whet your appetite a bit, we’ve included a slideshow of stunning homes listed for sale.

METHODOLOGY

We started with ski resorts that were in towns with a  population of at least 2,500 and that ranked in the top 50 of the 182 ski  resorts ranked by Zrankings for  “Pure Awesomeness Factor”. We then ranked these 19 ski towns by nine different  factors: PAF ranking, distance from closest airport, unemployment rate, median  list price of a residential property, foreclosure inventory percent of all  housing units, rental vacancy rate, gross yield on a rental property, 2013  foreclosure rate, and percent change in foreclosure rate from 2010.

Check out Prudential Idaho Realty-Resort Property Division’s latest ad in the Robb Report.  Click this link and scroll to page 101:     Jan/Feb 2014 Robb Report.   Don’t get distracted with the Queenstown New Zealand article, which is my second favorite place on this planet….probably because it reminds me so much of Tamarack and McCall!!

Three Tamarack Resort townhomes are now under contract with Prudential Idaho Realty within the past 10 days.     I have three more listed, from $295K to $399K….completely turn key and ready to enjoy the rest of this winter season.   64 Clearwater 74 Clearwater are 2BR townhomes, and 78 Clearwater is a 3BR directly across from the Buttercup Chairlift.    Check out this tour for more pictures and details:  3 BR Townhome Virtual Tour

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