{"id":1347,"date":"2020-03-01T21:29:37","date_gmt":"2020-03-01T21:29:37","guid":{"rendered":"http:\/\/www.jacksonholerr.com\/blog\/?p=1347"},"modified":"2020-09-11T21:39:53","modified_gmt":"2020-09-11T21:39:53","slug":"jackson-hole-real-estate-market-report-march-2020","status":"publish","type":"post","link":"http:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-march-2020","title":{"rendered":"Jackson Hole Real Estate Market Report &#8211; March 2020"},"content":{"rendered":"<p>By Ronald Miller\/ Broker Jackson Hole Real Estate Company, LLC<\/p>\n<p>Greetings from Jackson Hole!<\/p>\n<p>I want to thank all of you for your daily inquiries and for using our interactive\u00a0<a href=\"http:\/\/jacksonholerr.com\/\" data-cke-saved-href=\"http:\/\/jacksonholerr.com\/\">jacksonholerr.com<\/a>\u00a0website feed to see\u00a0new listings. As always we are updating the featured listings and showing our most popular listings to make your search quick and easy.<\/p>\n<p>We have been fairly consistent and steady at the moment with brisk sales in Jackson Hole. Our team is once again having record sales with 26mm closed since October of 2019. My team specializes mostly in the higher end sales in the resort areas of Spring Creek, Teton Village, The Aspens and Teton Pines. We had 2 closings south of town for 12 million so that market too seems to be doing well. I attribute our large dollar volume in sales to my clients looking for an excellent store of value of extra cash and being able to enjoy their fantastic Jackson Hole property!\u00a0What else are you going to do with cash these days with the stock market and economy on edge?\u00a0 I tell folks that investing in very unique Jackson Hole properties that have a high probability of holding value is a great alternative. Investing in physical precious metals and art is nice too but all you can do is look at it and those investements are\u00a0more like an insurance hedge. Right? Not a bad idea to look at those alternatives also.<\/p>\n<p>At present I take advantage of the Trump tax cuts that are primarily geared towards real estate and business depreciation. We are currently renovating 28 units at the Miller Park Lodge and White Arrow Ranch project. Owning a nice Jackson Hole rental property in an L.L.C. can be highly attractive to offset gains with depreciation write-offs. Your tax advisor should be able to guide you to the same conclusion depending on your situation.<\/p>\n<p>Again we appreciate your business. Please let me know how I can help you in any way.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Ronald Miller\/ Broker Jackson Hole Real Estate Company, LLC Greetings from Jackson Hole! I want to thank all of you for your daily inquiries and for using our interactive\u00a0jacksonholerr.com\u00a0website feed to see\u00a0new listings. As always we are updating the featured listings and showing our most popular listings to make your search quick and easy. &hellip; <a href=\"http:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-march-2020\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Jackson Hole Real Estate Market Report &#8211; March 2020<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1347","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Jackson Hole Real Estate Market Report - March 2020 - Jackson Hole Real Estate Company<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-march-2020\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ron Miller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/jackson-hole-real-estate-market-report-march-2020#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/jackson-hole-real-estate-market-report-march-2020\"},\"author\":{\"name\":\"Ron Miller\",\"@id\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/#\\\/schema\\\/person\\\/508cf6303547d47e3f2b05709b965769\"},\"headline\":\"Jackson Hole Real Estate Market Report &#8211; March 2020\",\"datePublished\":\"2020-03-01T21:29:37+00:00\",\"dateModified\":\"2020-09-11T21:39:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/jackson-hole-real-estate-market-report-march-2020\"},\"wordCount\":340,\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/jackson-hole-real-estate-market-report-march-2020\",\"url\":\"http:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/jackson-hole-real-estate-market-report-march-2020\",\"name\":\"Jackson Hole Real Estate Market Report - March 2020 - Jackson Hole Real Estate Company\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/#website\"},\"datePublished\":\"2020-03-01T21:29:37+00:00\",\"dateModified\":\"2020-09-11T21:39:53+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/#\\\/schema\\\/person\\\/508cf6303547d47e3f2b05709b965769\"},\"breadcrumb\":{\"@id\":\"http:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/jackson-hole-real-estate-market-report-march-2020#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/jackson-hole-real-estate-market-report-march-2020\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/jackson-hole-real-estate-market-report-march-2020#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Jackson Hole Real Estate Market Report &#8211; March 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/\",\"name\":\"Jackson Hole Real Estate Company\",\"description\":\"MLS - Property - Investment\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/#\\\/schema\\\/person\\\/508cf6303547d47e3f2b05709b965769\",\"name\":\"Ron Miller\",\"description\":\"Ron specializes in assisting customers to find the right Jackson Hole property and also helps in the managing of real estate investments for his clients as a property manager. He has extensive knowledge of listing and selling Jackson Hole real estate and has been a top-producing real estate broker in the area for over 25 years. Ron started his career as an expert ski guide at the Jackson Hole Mountain Resort in 1983 and soon after became involved as a real estate buyer's and seller's agent. The incredible scenery, relaxing lifestyles, and of course the skiing is what drew Ron to Jackson Hole. One unique characteristic of Ron's is that he is a real estate broker and also an active investor. Being an investor himself gives Ron a perspective that only investors with skin in the game can have. Ron has personally owned dozens of rental properties and several businesses in the Jackson Hole Area. In addition to the real estate and property management businesses, he currently owns and manages a 15 room boutique motel, the Miller Park Lodge, and Jackson Hole Reservations, LLC, an established central reservations company that assists visitors to the area with lodging and activity bookings. Because of Ron's deep knowledge as an investor and of the Jackson Hole area in general he is highly skilled in assisting buyers to find just the right residential property or commercial property to meet their needs. His integrity and professionalism create an excellent agent-client relationship. Many buyers come to Jackson Hole to invest in part because of the tremendous tax advantages of doing so. Wyoming does not have state income taxes for owners declaring residency in Teton County. Because of this, Wyoming has become the top pick for wealthy people searching for exclusive resort real estate. There are also other tax advantages to owning real estate in Jackson Hole when owners turn their property into a business and rent it out on the short term vacation rental market. Ron has more than 20 years of experience in property management and Jackson Hole Real Estate Company, LLC has a dedicated team to manage vacation rental properties. Ron understands the investment opportunities in the Jackson Hole condominium markets well. He can assist buyers in understanding all of the benefits of owning vacation rental properties. Ron has a fun loving wife and four children. As a family, they enjoy skiing, bike riding, hiking, and fly-fishing. The family refers to the Tetons as their backyard. Contact Ron at ron@jacksonhole.net.\",\"sameAs\":[\"http:\\\/\\\/www.jaksonholerr.com\"],\"url\":\"http:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/author\\\/ronniejacksonhole-net\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Jackson Hole Real Estate Market Report - March 2020 - Jackson Hole Real Estate Company","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-march-2020","twitter_misc":{"Written by":"Ron Miller","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"http:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-march-2020#article","isPartOf":{"@id":"http:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-march-2020"},"author":{"name":"Ron Miller","@id":"https:\/\/www.jacksonholerr.com\/blog\/#\/schema\/person\/508cf6303547d47e3f2b05709b965769"},"headline":"Jackson Hole Real Estate Market Report &#8211; March 2020","datePublished":"2020-03-01T21:29:37+00:00","dateModified":"2020-09-11T21:39:53+00:00","mainEntityOfPage":{"@id":"http:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-march-2020"},"wordCount":340,"inLanguage":"en-US"},{"@type":"WebPage","@id":"http:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-march-2020","url":"http:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-march-2020","name":"Jackson Hole Real Estate Market Report - March 2020 - Jackson Hole Real Estate Company","isPartOf":{"@id":"https:\/\/www.jacksonholerr.com\/blog\/#website"},"datePublished":"2020-03-01T21:29:37+00:00","dateModified":"2020-09-11T21:39:53+00:00","author":{"@id":"https:\/\/www.jacksonholerr.com\/blog\/#\/schema\/person\/508cf6303547d47e3f2b05709b965769"},"breadcrumb":{"@id":"http:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-march-2020#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-march-2020"]}]},{"@type":"BreadcrumbList","@id":"http:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-march-2020#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.jacksonholerr.com\/blog"},{"@type":"ListItem","position":2,"name":"Jackson Hole Real Estate Market Report &#8211; March 2020"}]},{"@type":"WebSite","@id":"https:\/\/www.jacksonholerr.com\/blog\/#website","url":"https:\/\/www.jacksonholerr.com\/blog\/","name":"Jackson Hole Real Estate Company","description":"MLS - Property - Investment","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.jacksonholerr.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.jacksonholerr.com\/blog\/#\/schema\/person\/508cf6303547d47e3f2b05709b965769","name":"Ron Miller","description":"Ron specializes in assisting customers to find the right Jackson Hole property and also helps in the managing of real estate investments for his clients as a property manager. 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