Back To Real Estate Update

Message From the Real Estate Brokers

MESSAGE FROM THE REAL ESTATE BROKERS

Greetings from 3 Creek Ranch Real Estate Services! We have had quite the year in Jackson Hole with record-breaking snowfall that resulted in a beautiful, green summer. I encourage everyone to make a trip to Jackson Hole this winter to enjoy what is sure to be another incredible ski season complemented by the opening of the new Tram at Jackson Hole Mountain Resort.

As we wind down the fall season, activity at 3 Creek Ranch continues to gain momentum as money coming out of the volatile markets looks for stable real estate investments. Even in our market today, our most recent advertisement in the September 19, 2008 edition of the Wall Street Journal received the highest response of the year. Since the initial marketing of sales in 2004, 3 Creek Ranch Real Estate Services has successfully closed 123 of the original 136 home sites. Additionally, re-sale sites and homes continue to flourish with constant activity.

2008 has been the year of opportunity as we experienced our first Buyer Market since our release. Over 60% of sales this year have been existing owners confident in the long-term values and future of The Ranch. Closed property dollar volume year-to-date is down from 2007, which was a record year at The Ranch, but in-line with 2006 numbers. We have once again out-performed our segment in the Jackson Hole market by over 25%, placing us squarely in the crosshairs of buyers looking for stability. In short, there has never been a better time to buy at 3 Creek Ranch.

As we move into winter, motivated sellers take a hard look at offers below list and occasionally even below appraised values. Seller financing is available on select properties with very attractive terms. Higher Cabin Home inventories have forced prices down on non-Teton view locations with many homes now priced $500,000 below replacement cost.

2008 was also a year of record sales for Protected Teton View Sites. 3 Creek Ranch continues to reach national and local markets from our impressive marketing campaign and, of course, word of mouth. Our website is regularly updated, so please visit the site (www.3creekranch-jh.com) to read the current fishing report, nature sightings and much more. You can also see our advertising efforts in publications such as Wall Street Journal, Cowboys & Indians, Town & Country, Jackson Hole Magazine, Jackson Hole Skier, Jackson Hole News & Guide and Jackson Hole Daily.

3 Creek Ranch Real Estate Services is the exclusive on-site brokerage, which has a history of wonderful customer service along with the highest level of market expertise. Please stop in the Sales Office and learn what makes 3 Creek Ranch such a special place. For more information about ownership opportunities or to schedule an appointment, please call us at 1-888-920-9292 or e-mail me at tdomenico@3creekranch-jh.com.

I look forward to assisting you in finding your niche at 3 Creek Ranch.

Todd A. Domenico
3 Creek Ranch Real Estate Services
Broker/Director of Sales & Marketing