Friday, May 29, 2009

First Time Home Buyers - Tax Credit

Homebuyers Can Apply Tax Credit to Down Payment
U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan today announced that the Federal Housing Administration (FHA) will allow homebuyers to apply the new $8,000 first-time homebuyer tax credit toward the purchase costs of a FHA-insured home. Homebuyers using FHA-approved lenders can apply the tax credit to their down payment in excess of 3.5 percent of appraised value or their closing costs, which can help lower the interest rate on their loan.

The American Recovery and Reinvestment Act of 2009 offers first-time homebuyers a tax credit of up to $8,000 for purchasing a home, but the credit could only be accessed after filing their tax return. Today’s action allows homebuyers to apply the tax credit toward a down payment immediately.

Donovan said the policy will help stabilize the nation’s housing market. “What we’re doing today will not only help these families to purchase their first home, but will present an enormous benefit for communities struggling to deal with an oversupply of housing,” Donovan said. Fri, May 29, 2009



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If you are looking for a home site, completed home, condo or townhome, in or near Steamboat Springs, Colorado... Contact me: Michelle Diehl, GRI Broker Associate at Prudential Steamboat Realty.

I work as a Buyer's Agent for my clients. I also represent Sellers. If you are buying or selling in the Steamboat Springs or surrounding areas, I can provide what you need. I am paid my success fee only after you experience success!

Contact me today and let’s get started...


web: SteamboatDream.com
e-mail: MichelleDiehl@comcast.net
cell: 970.846.1086
office: 970.879.8100 EXT 434

Friday, May 22, 2009

West Steamboat's Roads and Message from Steamboat 700 - Danny Mulcahy

THE FUTURE LOOK OF WEST US40

This week the community continued to take significant steps forward in solving part of the US40 congestion challenge in West Steamboat, as Jacobs Engineering presented the "Preferred Alternative" to solve the traffic flow problem West of 13th Street. This study is a critical and necessary step if the community is to eventually seek state or federal assistance to address US40 in West Steamboat.

The community has been aware of the traffic problems in West Steamboat for years. A traffic study conducted by the City in 2008 showed that the road system west of town is functioning at the worst-rated (D & F) levels at peak hours, and recommended this study now underway by Jacobs Engineering as the next step. To demonstrate our commitment to the project and the community, Steamboat 700 LLC agreed to pay $923,000 for the study--and importantly, with no guarantees of being annexed.

“Preferred Alternative” Proposed

The centerpiece of an open house last Wednesday night was the presentation of the “preferred alternative” to address West Steamboat’s transportation challenges today and into the future. The core objectives of the preferred alternative are to reduce congestion, improve mobility, balance multimodal use (e.g., walking, biking, transit), and enhance access along US40. The preferred alternative includes the following elements:

Widening sections of the highway to 4 lanes
Transit, bicycle, and pedestrian improvements (including sidewalks)
Traffic signal optimization and coordination
Improved signing and wayfinding
Intersection re-configuration

There is still a great deal of work to do as the study continues. For instance, one aspect that will need further attention is how to address the bottleneck on US40 between 12th Street and 13th Street. The study offered options on how to improve the 13th Street-Lincoln Avenue intersection, but the 12th-13th Street bottleneck at peak traffic times needs further analysis.

It is important to note that this study does not address all of the traffic issues facing Steamboat Springs, which are extensive. We will continue to stay engaged in this process as a member of the Transportation Solutions Group being led by the Chamber Resort Association. This has been a positive forum for all stakeholders to talk about all transportation and mobility issues throughout Steamboat Springs. The group meets monthly, and I encourage everyone to get involved.

Addressing the challenges in transportation will require a broad community effort. The community planning that has been accomplished in the past decade determined that concentrating Steamboat Springs’ and Routt County’s future residential growth in West Steamboat will reduce sprawl, reduce traffic congestion, strengthen the region's economy and protect the environment. This US40 study now underway is a vital step in dealing with the traffic issues that exist here, today.

Learn More
The US40 study has gathered a mountain of data and analysis on US40 traffic, land use, agriculture, noise, air quality, water resources, wildlife, the regional economy, and many more interconnected factors, and all of it is posted on a great website: http://www.us40west.com.

If you have questions or want to talk more in-depth about any aspect of Steamboat 700, please give me a call at 870.0244 or email me at dmulcahy@steamboat700.com. Also, I try to keep “office hours” every Friday morning between 8:30am – 11:30am on the 2nd floor of the Chieftain Building, 345 Lincoln Avenue—however, I will be out of town on Friday, May 29.

Thank you for reading.

Danny Mulcahy
Principal, Project Manager



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If you are looking for a home site, completed home, condo or townhome, in or near Steamboat Springs, Colorado... Contact me: Michelle Diehl, GRI Broker Associate at Prudential Steamboat Realty.

I work as a Buyer's Agent for my clients. I also represent Sellers. If you are buying or selling in the Steamboat Springs or surrounding areas, I can provide what you need. I am paid my success fee only after you experience success!

Contact me today and let’s get started...


web: SteamboatDream.com
e-mail: MichelleDiehl@comcast.net
cell: 970.846.1086
office: 970.879.8100 EXT 434

Morrison Creek Water Board Meeting

Stagecoaches tap fees remain at $10,000.00 until further notice. Yesterday at the Morrison Creek Water Board meeting I was able to observe community service at its finest. The volunteers and Morrison Creek manager have a large task at hand. The current situation is not working. There is a lot of demand and not enough revenue to allow for future growth or even upkeep of the systems in place. Keep a watchful eye on what happens in July at the next meeting. In the mean time owners in Stagecoach will be sent information on the vault status and a possible LID for the Morningside area. There are currently only about 8 vault permits remaining in Morningside and you must have a building permit in order to secure one. A Local Improvement District (LID) may be introduced to Colorado Morningside owners where each homeowner pays a substantial amount in order to bring sewer (and possibly water) to all lots. In order to get sewer to all of Morningside an LID may be proposed in which owners are assessed for the future growth. This will be sent to all Colorado owners in Morningside (out of state owners are not contacted). South Shore may be experiencing something similar. For now, tap fees in Stagecoach Property Owners Association (SPOA) remain at $10,000 plus hook up fee. If you own in Stagecoach and have access to water you may want to think about investing in your tap fees now to avoid price increases which are bound to be slated for the future. Also remember the basics: If you are not on sewer and have less than 5 acres you must have a vault which needs to be pumped. If you have over 5 acres you may have a septic system with its own leech field. Some lots have access to pay tap and hook up fees for water, but others only have the option for wells or holding tanks. Stagecoach is a very beuatiful area which will probably boom once our economy calms down. Many properties are available at great prices. if you have ever wanted to won property near Steamboat Springs, now is a fabulous time to invest in Stagecoach!



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If you are looking for a home site, completed home, condo or townhome, in or near Steamboat Springs or Oak Creek, Colorado... Contact me: Michelle Diehl, GRI Broker Associate at Prudential Steamboat Realty.

I work as a Buyer's Agent for my clients. I also represent Sellers. If you are buying or selling in the Steamboat Springs or surrounding areas, I can provide what you need. I am paid my success fee only after you experience success!

Contact me today and let’s get started...


web: SteamboatDream.com
e-mail: MichelleDiehl@comcast.net
cell: 970.846.1086
office: 970.879.8100 EXT 434

Tuesday, May 12, 2009

Trailhead Lodge Gondola coming to Steamboat Springs

Wildhorse Principal & CFO of Resort Ventures West (RVW), Brent Pearson is the developer of the Trailhead Lodge. He has been working diligently with the Steamboat Ski Corp. to partner on an 8 person gondola that will take skiers and riders from the Trailhead Lodge (next to the Meadows parking lot) up to an area adjacent to the new One Steamboat Place at the base of the ski mountain. The uphill capacity on the new gondola could be 1,800 passengers an hour, and may be upgraded to 2,400 passengers an hour when more cabins are deemed necessary. The ride will take three minutes from beginning to end. Although probably free to riders the cost of the gondola will be $7 million dollars to the entity that undertakes its completion. Keep watching for more updates as RVW, Ski Corps., and City Planning work together to improve the ski/ride experience of our Steamboat Springs’ locals and guests. We have earned the right to be a world class ski area and it’s excellent that RVW and Intrawest are moving forward with partnering to make us the best Western Ski Town in the world!


Call Michelle Diehl (Broker Associate at Prudential Steamboat Realty) at 970.846.1086 to learn how you can be an owner at the gorgeous new Trailhead Lodge in Steamboat Springs, Colorado. I have an opportunity available if you act quickly to partner with an existing client to be one of the first owners in the highly desirable development - call me today to learn more...
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If you are looking for a home site, completed home, condo or townhome, in or near Steamboat Springs, Colorado... Contact me: Michelle Diehl, GRI Broker Associate at Prudential Steamboat Realty.

I work as a Buyer's Agent for my clients. I also represent Sellers. If you are buying or selling in the Steamboat Springs or surrounding areas, I can provide what you need. I am paid my success fee only after you experience success!

Contact me today and let’s get started...


web: SteamboatDream.com
e-mail: MichelleDiehl@comcast.net
cell: 970.846.1086
office: 970.879.8100 EXT 434

Space Station Reopening?

Back in April the Steamboat Pilot & TODAY, one of Steamboat Springs local newspapers, reported that the Space Station in beautiful downtown Steamboat Springs, Colorado may be reopening in a month or so. The Space Station has been vacant with a chain link fence surrounding it for many many months. The idea of the fence was to keep it from becoming a parking lot. Due to a sale that didn't happen last year the Grand Junction owners Monument Oil have been talking with other potential buyers to purchase and reopen the convenience store. Hopefully, soon a deal will cause the reopening. If the deal falls through lets hope at least the chain link fence will disappear....


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If you are looking for a home site, completed home, condo or townhome, in or near Steamboat Springs, Colorado... Contact me: Michelle Diehl, GRI Broker Associate at Prudential Steamboat Realty.

I work as a Buyer's Agent for my clients. I also represent Sellers. If you are buying or selling in the Steamboat Springs or surrounding areas, I can provide what you need. I am paid my success fee only after you experience success!

Contact me today and let’s get started...


web: SteamboatDream.com
e-mail: MichelleDiehl@comcast.net
cell: 970.846.1086
office: 970.879.8100 EXT 434

Monday, May 4, 2009

Now is the time to buy in Steamboat Springs

NOW Is The Time


5 Reasons Why NOW is the Best Time to Buy Real Estate in Steamboat Springs:
→ Solid, Long-Term Demand - for Steamboat's rural, mountain community lifestyle, clear night skies, abundant sunshine and friendly attitude.
→ Capital Preservation - Steamboat Springs has a history of appreciation and room to grow with revitalization of the base area village and downtown.
→ Willing Sellers - We are in a true buyer's market with sellers more willing than ever to be more creative on financing and terms.
→ Low Building Cost - The Building Materials Index is at a 10-year low. There is no better time to build than now.

First time home buyers are eligible for an $8000,00 tax advantage and interest rates are extremely low - what are you waiting for?


→ Real Estate is a sound, long-term investment. Conditions are ripe right now for success, but the window of opportunity has a way of slamming shut. People in the know are calling it the “Perfect Storm.” Now is the time to buy real estate.


One opportunity is Alpine Mountain Ranch which is a 1,216-acre mountainside community adjacent to two top-rated golf courses, the ski area and a wildlife preserve. Call me to set up a private tour, or learn more about the new “Stay and Play” package.

Location. Location. Location.

Views. Views. Views.

Come visit. You will see the value!



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If you are looking for a home site, completed home, condo or townhome, in or near Steamboat Springs, Colorado... Contact me: Michelle Diehl, GRI Broker Associate at Prudential Steamboat Realty.

I work as a Buyer's Agent for my clients. I also represent Sellers. If you are buying or selling in the Steamboat Springs or surrounding areas, I can provide what you need. I am paid my success fee only after you experience success!

Contact me today and let’s get started...


web: SteamboatDream.com
e-mail: MichelleDiehl@comcast.net
cell: 970.846.1086
office: 970.879.8100 EXT 434