MATR News: Downturn may have hit Jackson Hole, Wyoming

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Downturn may have hit Jackson Hole, Wyoming

October 23, 2008

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Jackson Hole might finally be feeling the housing downturn and sluggishness in the national economy.

According to Jackson Hole Real Estate & Appraisal, home prices are flat and third-quarter home sales were off 50 percent compared with the same period in 2007.

David Viehman owns Jackson Hole Real Estate & Appraisal and releases regular reports on the Jackson Hole housing market. Viehman predicted that the Jackson Hole housing market will remain stagnant until sellers begin dropping prices or lending guidelines begin to loosen up.

Full Story: http://www.billingsgazette.net/artic ... ownturn.txt
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