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Escalating demand, speculation drives real estate frenzy

Looking Back, Jan. 27

• Use of Teton County Library had tripled over the past decade. County Librarian Jean T. Kirol said circulation in 1975 totaled 70,000, versus 21,000 in 1965. That figure included all books, magazines, records and pictures checked out. 30 years ago . • Us magazine labeled Jackson Hole “out” for 1991. Seattle took its place as the “in” spot to be. “Jackson Hole is too glitzy and too popular,” said Bob Hofler, the magazine’s executive editor. • Town and county officials used words like “flabbergasted” and “ridiculous” about the U.S. Census Bureau‘s revised 1990 count, which said just 11,172 people lived in Teton County. “Our guess has been between 12,500 and 14,000,” County Commission Chairman Steve Thomas said.

COVID-19 pushed real estate sales to records

Real estate sales in Jackson Hole soared in 2020, and the agents involved in the record market say it was the disaster of COVID-19 and everything that came with it that created the rush to sell and buy. Jackson Hole Real Estate Associates, the Christie’s affiliate here, said total sales in the area hit $2.35 billion, up 90% over 2019, with hot residential sales accounting for $1.58 billion of that. Christie’s counted 847 transactions. Another local standard, the Jackson Hole Report compiled by David Viehman of Engel&Volkers, put total sales at $2.45 billion and 878 transactions. Viehman counted 402 single-family house sales with a total price of $1.49 billion, up 52%. He noted another 263 condo and townhouse sales for $384 million, that dollar amount a 49% rise.

Six portraits from a year defined by loss

Six portraits from a year defined by loss Six portraits from a year defined by loss Brian Murphy, Liz Sly, Amanda Coletta, Lori Rozsa, Laura Silvia Battaglia, Tim Craig and Shibani Mahtani, The Washington Post Dec. 30, 2020 FacebookTwitterEmail 9 1of9The temporarily closed Seneca Queen Theater in downtown Niagara Falls, Ontario.photo for The Washington Post by Aaron Vincent Elkaim.Show MoreShow Less 2of9Family members of Wiltaire Morisset grieve over his casket at his funeral last October in Delray Beach, Fla.photo for The Washington Post by Cindy Karp.Show MoreShow Less 3of9 4of9Friar Luca Trivellato heads the Monastery of the Friars Minor Capuchin in Trento. Italy. He took the helm after two friars died of covid-19 and eight contracted the virus during the pandemic s first wave.photo for The Washington Post by Gianmarco Maraviglia.Show MoreShow Less