Stunning Steamboat: Take a peak at this year-round Rocky Mountain town

August 14th, 2006


By Greg Gatlin
Sunday, August 13, 2006

STEAMBOAT SPRINGS, Colo. - When I told a colleague I’d just returned from a late summer vacation in this Rocky Mountain town, he asked, “Isn’t that the wrong time of year to go to Steamboat?”

    Actually, it’s a spectacular time of year to visit Steamboat. But I’ll excuse my friend for the misguided notion that this is a winter town. Steamboat is, after all, best known for skiing, a place where the only thing deeper than the blue sky is the powder snow.

    Among the town’s claims to fame is hometown hero and 1964 Olympic silver medalist skier Billy Kidd, known for making fresh tracks in his trademark cowboy hat.

    Ah, but Steamboat is a summer town, too. And the beauty of the mountains, the ranch lands and the Yampa Valley - when it’s green - is jaw-dropping (fall is also gorgeous thanks to the abundance of colorful aspens).

    We drove from Denver (you can also fly into the Yampa Valley through Denver, Houston or Salt Lake City), chosing the “scenic” route that takes about four hours. My traveling companions - Erica and her 8-year-old daughter, Emilee - and I set off in our rental car west on I-70 and up into the foothills then the front range, taking Highway 40 up and around a series of switchbacks over Berthoud Pass.

    At an elevation of 11,315 feet, with views of mountains massive and imposing, it was too windy and brisk for Emilee’s blood. Erica, too, lamented what she figured would be a chilly vacation in summer.

    Then, a funny thing happened. We descended through Winter Park and, as we moved west, the weather became warmer and sunnier. We stopped in a little western town by the Colorado River for a picnic, then continued driving past cattle, horses and hay bales on wide-open ranch lands sloping for miles to the mountains in the distance.

    The mountains grow gentle and green on the western slopes of the Rockies in northwestern Colorado.

    The first thing you notice when you arrive in Steamboat Springs is that everyone looks tan and fit. That’s because in addition to being a quintessential Western town and mountain resort this is also an outdoor lover’s paradise. The town is surrounded by National Forest and Wilderness areas, and miles of ranch land.

    We headed to catch an afternoon gondola ride up Mount Werner. As we walked into Gondola Square, I was struck by all the activity. Kids bounced on a slingshot bungee jump and inside an inflated moon bouncer. People were playing miniature golf. Athletic types scaled an outdoor climbing wall. And mountain bikers were everywhere - there are 50 miles of mountain-biking trails on Steamboat’s six peaks.

    To our delight (especially Emilee’s), the gondola carried us up to more than 9,000 feet above sea level to a spectacular view of the valley. We set off on a short hike on Mount Werner’s Vista Nature Trail, which winds through meadows filled with wildflowers and aspen groves. Wooden signs along the way described the local wildlife, including the blue grouse, elk, snowshoe hare and weasel.

    While it was still daylight, we hurried back down the mountain to catch our next adventure: the Howler Alpine Slide.

    On the first trip down, Emilee rode with me, begging to go faster with each twist and turn down the concrete track. After one ride, she’d had enough of my snail’s pace and opted to go it alone, beating her mother down the mountain on the second run.

    For accommodations, we booked into the top-rated Torian Plum slopeside condominiums operated by ResortQuest Steamboat, we gasped upon entering the two-bedroom/three-bath condo. It was huge and included a dining room, kitchen, living room with fireplace and study. The balcony served up views of the resort’s pool, which is surrounded by four hot tubs, each heated to a different temperature. Rates range from $195 to $315 in summer; $155 to $250 a night between Sept. 5 and Nov. 18. Rates are significantly higher in winter (www.resortquest.com).

    Exploring the town, we found it charming and less glitzy than a Vail or Breckenridge, but still with 250 shops and more than 70 restaurants.

    We stopped into F.M. Light & Sons, a 100-year-old Western clothing outfitter that’s an institution in these parts. Emilee walked out with a black Stetson and matching cowboy boots, the start of her transformation into a cowgirl. I got a cowboy hat for myself, too.

    Our exploration continued to the bike path that runs along the Yampa River on the edge of town. You can rent a bike, but it’s just as enjoyable to stroll along the river in the sunshine, past the town rodeo. Looking up at the mountains in this quiet place, time just seemed to move more slowly.

    To get our rush on again, we headed for the Steamboat Springs Health & Recreation Association, a year-round pool lover’s paradise. There’s an Olympic-size lap pool, hot mineral pools, kiddie pools and a huge waterslide that rivals anything you’d find at Six Flags. Emilee and I zipped down the twisting slide on double tubes, single tubes, no tubes.

    There’s more to Steamboat than snow. The warm-weather months may be its best-kept secret.

    — ggatlin@bostonherald.com

Steamboat Real Estate Sales Set Record

August 11th, 2006

— The Steamboat Springs Board of Realtors reported that the first six months of 2006 were mildly off in volume and dollar sales when compared to the record numbers of 2005.

But July appears to have been a different story.

Bruce Carta of Land Title in Steamboat reports that July dollar volume surpassed $100 million to establish a new record for the month. The dollar volume represents a 103.36 percent increase over last July’s $99,463,400 in sales.

Year to date sales are now $526.9 million, compared to total sales of $885.9 million in 2005.

Carta has analyzed June sales in Routt County by category. The busiest price range was properties between $300,000 and $500,000. that range accounted for 47 sales totaling $18.7 million.

Carta’s source is the Routt County Clerk’s office. Those figures don’t necessarily coincide with numbers reported by the Board of Realtors because it accounts for properties listed and sold through Steamboat Springs Multiple Listing Service only.

The County Clerk’s office reflects all sales, including those that did not involve a Realtor.

Housing Stats

August 2nd, 2006

National sales of existing homes experienced a small decline in May with home prices rising near normal rates, according to the National Association of REALTORS. However, Colorado home sales continue to experience a steady climb since January 2006.

David Lereah, NAR’s chief economist, said conditions are mixed around the country. “There’s now a clear pattern of slower home-sales activity in many higher cost markets, which are more sensitive to rises in interest rates, and higher home sales in moderately priced areas which have experienced job growth,” he said. “Although mortgage interest rates remain historically low, the uptrend in interest rates this year is affecting those buyers who are at the margins of affordability.”

According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage was 6.6 percent in May, up from 6.51 percent in April; the rate was 5.72 percent in May 2005.

Single family home sales in Colorado rose approximately 20 percent from 6,769 to 8,154 with the state median rising approximately 6 percent from April to May. Condos and Town homes in May saw an 11 percent increase in both number of units sold and median price from April to May in 2006.

  April
May
 
  Sold        Median
Sold        Median
Change %
Metro District
3368      $251,176
3971       $252,383
18%     0%
Glenwood Springs
88          $244,000
98           $294,444
11%     21%
Grand County
28          $400,000
33           $357,692
18%     11%
Gunnison
19          $450,000
33           $285,000
74%     -37%
Steamboat Springs
17          $450,000
32           $385,714
88%     -14%
Summit
90          $475,000
131         $476,667
46%     0%
Telluride
1            $1,500,000
4             $2,000,000
300%   33%  
Boulder/Longmont
326        $374,667
392         $379,167
20%     1%
Estes Park
16          $300,000
18           $360,000
13%     20%
Ft. Collins
224        $219,403
311         $231,649
39%     6%
Greeley
311        $189,149
568         $215,925
83%     14%
Logan
17          $85,000
35           $82,500
106%   -3%
Loveland
155        $243,571
184         $232,222
19%     -5%
Morgan County
32          $105,000
34           $125,714
6%       20%
Craig
15          $157,500
30           $156,000
100%   -1%
Delta County
59          $167,778
63           $182,500
7%       9%
Grand Junction
343        $176,200
354         $185,405
3%       5%
Montrose
80          $177,333
90           $207,895
13%     17%
Chaffee
44          $214,286
53           $194,000
20%     -9%
Pikes Peak
1059      $204,125
1264       $271,731
19%     33%
Pueblo
263        $118,800
206         $120,870
-22%    2%
Royal Gorge
94          $140,000
111         $136,667
18%     -2%
Cortez
34          $148,000
27           $165,000
-21%    11%
Durango
64          $377,778
85           $355,769
33%      -6%
Pagosa Springs
22          $372,727
27           $268,056
23%      -28%
State
6769      $219,403
8154       $232,222
20%      6%
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