By on November 10, 2015

151111TOU-1_origUnREal appeal

More real estate propaganda to exacerbate our housing crunch appeared recently in Financial Times. Median home prices in Jackson Hole reached $823,500 in the third quarter of 2015, a rise of 15 percent from the same period last year. Not a single home was listed for less than $500,000. Sales at the upper end of the market (is there any other end in JH?) were especially robust.

“There’s no tax on the sale of real estate and no tax on out-of-state retirement income and inheritance or estate tax,” Julie Faupel told FT. She’s a co-owner of Jackson Hole Real Estate Associates, an affiliate of Christie’s International. “For people who want to accumulate property and protect their wealth in the area, Jackson is very attractive.”

No news like snow news

Shake it off, Taylor Swift, the Jackson Hole weather report just bumped your news. After early season storms dumped a couple of feet of snow at Jackson Hole Mountain Resort, our ski resort community topped the list of trending items on Facebook, bouncing the other hot topic – a $42 million lawsuit brought by Acura/Jeep Wrangler against the pop singer.

Thanks to Instagram pics featuring the dump-o-rama posted by the Chamber of Commerce, along with Facebook shares, Jackson Hole is all that the cyber world was talking about last week.

Wyoming Business Report reported the news.

151111TOU-3_origPool party

Our boys didn’t get it done on the gridiron but the girls had a pool party in Gillette. The Jackson Hole High School girls swim team posted 337 points to run away from the competition on their way to another 3A state title. Worland was the nearest competitor, some 143 points behind Jackson.

The Lady Broncs failed to win only twice in their 11-meet season under the direction of coach Jim Jenkins. SwimSwam, a national publication on swimming and diving news, posted the story.

151111TOU-4_origSaratoga scientist

The Saratoga Sun got behind one of their own, ninth grader Leila Randall, who was accepted to Teton Science School’s Young Women and Science program that took place the first week of November.

Randall told her hometown paper she is really excited about astronomy and oceanography. “[T]hose are the ones that if we studied them a lot more we could end up learning really cool things,” she said.

The weeklong program focuses on engaging girls’ interest in science to inspire leadership in future women scientists. It was hosted at TSS Kelly Campus in GTNP, where the classroom was outdoors.

151111TOU-5_origBarely getting by

The Bloomberg Billionaires Index has some bad news for Christy Walton. Actually, it’s nothing she doesn’t know already but now the world knows the widow of John T. Walton, the Wal-Mart heir who died in a plane crash in Jackson Hole 10 years ago, is much poorer than previously reported.

It was widely assumed Christy Walton received the bulk of her late husband’s vast estate. “Turns out that was very wrong,” Bloomberg’s David De Jong wrote.

The new filings, recently unsealed by a Wyoming court at the request of Bloomberg News, mean that Christy’s estimated $32 billion fortune as previously calculated is closer to $5 billion in reality.

“She’s unlikely to ever again reach her former designation as America’s richest woman, which she held until last month,” Bloomberg reported.

151111TOU-6_origIce cowboys

Ellen Miller-Goins of the Sangre de Cristo Chronicle in Frisco, Colo., whipped her community into a frenzy over their inaugural hosting of the Skijoring series that includes a North American Championship in Jackson Hole from Feb. 6-7, 2016 as part of the annual Winterfest celebration.

The equestrian-ski sport involves a skier towed by horse through a course of gates, jumps and rings. Ice Cowboys, a CrowdFunded video short will accompany the event. PJH

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