Barn Village at Steamboat might have taken a while to work its way through the foreclosure process, but it wasted no time closing sales after the lots came back on the market. Four lots closed in the development last week, and more should be closing soon, according to listing broker Chris Wittemyer, of Prudential Steamboat Realty.
Wittemyer said that seven offers were accepted by the owner, Gibraltar Residential, soon after all 47 lots were put back on the market. Six of those sales had closed, he said Monday. By the end of next week, we’ll have closed 12 of them,” he said. “There’s a bunch that they were going to build a home for spec,” Wittemyer said. “Probably four or five builders are buying lots in there.”