Wild Horse Meadows Trailhead Lodge Auction announced tonight

  It's hard to believe since the loan was just purchased by an investor last fall but they have announced an Auction for the remaining condos at Trailhead Lodge in Wild Horse Meadows.  I expect that this will be worth watching if it is a true auction or at least is the reserves make sense.  I can give you a good feel for what does make sense and that may evolve over time.

  Overall things are gradually improving in Steamboat with more buyer interest, some pockets of price increases and inventory that is starting to go down.  This looks like a case where the investor needs to sell or wants to quickly re-deploy their capital to a better opportunity.  For more of my thoughts please look at my main real estate blog about the Wild horse Meadows Auction in Steamboat .   Let me know if you would like to know more from someone that follows it very closely and will tell it like it is.  Call 970-819-6930 to talk or email jon@TheSteamboatGroup.com if you would like to receive updates. A Proud partner with Colorado Group Reality.