Slight Rate Cut....and an update of course - 04/30/08 06:34 PM
Since Friday we have seen 69 properties come on the market, 29 close, and 18 go pending. Of note: PENDING:-30 acre residental lot in Silver Creek for $2.4m...nice views from this horse property.-Aspen Spring Ranch home at $1.45m; 5910 sq ft, 5bd/4ba...only $245ppsf! CLOSED:-4 different cabins at Promontory ranging from $1.582m (2015 sq … (7 comments)
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More News on Promontory and The Park City Heights Project - 04/30/08 03:09 PM
Happy Wednesday! Rob and I used to celebrate 'Margarita Day' every Wednesday. But starting last month we have implemented a new weekly celebration, titled 'Wine Wednesdays'. From now on we plan to try a different and interesting wine every Wednesday. And we'll be taking notes. Any fabulous finds we may encounter, … (2 comments)
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WAIT!!!.....interest rates slightly up....don't close that loan just yet! - 04/27/08 01:24 PM
STOP...before you lock in that loan....NOTE: Due to inflation concerns 30 year fixed rates jumped to just over 6% (6.03%) last week for the first time in a month and a half. The 15 year fixed is at 5.62%, up .22%, abs the 5 year ARM is up .2% to 5.68%. … (0 comments)
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A Few Updates and Happy Weekend To All!!! - 04/25/08 06:27 PM
Hope everyone had a great week! In the past day we have seen 42 properties come on the market, 14 close, and 8 go under contract. Of note:
PENDING:-Hidden Meadows home in Lower Deer Valley for $1.71m; 4bd/3ba, 4100 sq ft-Stonebridge condo in Lower Deer Valley at $649k; 3bd/3ba, 2505 sq … (0 comments)
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MORE SNOW IN PARK CITY!!!!! and.....an interesting development comparison - 04/24/08 01:55 PM
Well guess what?!?!? It's snowing like MAD in Park City and it's practically May!
Rob and I are both hard at work recently....him on some contracts and developments Snow Park is working on and me on some things with the St. Regis project here at Deer Crest.
Park City is incredible today....the snow … (6 comments)
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Local News About the Yarrow and Tips for Going Green in Your House - 04/23/08 10:24 PM
Local News: -The owners of the Yarrow Hotel on Park Ave. (next to Albertson's) have made it clear that they wish to raze the hotel and replace it with a swankier lodge. This could take place as soon as 2010. The new building would have meeting and convention space like the old … (0 comments)
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The Baldy Balderdash and Deer Valley Stays Hot, Even as the Weather Gets Cool - 04/22/08 05:14 PM
Rob and I spent this past Sunday in Sun Valley, Idaho for a special ski day with friends. There's an event in Sun Valley every year where a "private ski day" is raffled off. Anyone can buy tickets to the raffle and the winner gets to invite 200 friends to the Sun … (1 comments)
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Plenty of Buyers for Deer Valley and Good Deals at Tuhaye - 04/18/08 05:17 PM
Going on in the Park City Real Estate market in the past day or so, there have been 25 properties come on the market, 18 go pending, and 12 close. Of note: PENDING:-Golf Club Cabin at Promontory at $2,250,000; 3460 sq ft, 4bd/6ba. Looks like there are still buyers, even though a … (2 comments)
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Skiing until JULY and some red-hot restaurant deals! - 04/16/08 06:40 PM
UPDATE: We can't get rid of this snow! While it is not good for the golf courses, a few of the ski resorts have stayed open , and maybe we can hit the slopes in the Cottonwood Canyons over the next few weekends. We might be skiing Snowbird until JULY!!! In the past … (3 comments)
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Goings On at Quinn's Junction and at the Montage at Empire Pass - 04/15/08 05:51 PM
A few updates regarding developments around town:-Boyer Plumb Park City, the developers of Park City Heights at Quinn's Junction, made it through the Park City Planning Commission on a 5-0 with there bid to get the project annexed into the city. The plan is to build 157 regular priced units and … (0 comments)
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give us your opinion on this quote....... - 04/14/08 10:55 PM
we need an important and relavent quote for some materials.....
what do you think of this one?
be greedy when others are fearful and fearful when others are greedy" warren buffett
any comments on this?
we'd love to hear your advice
… (3 comments)
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The Market is Poppin' in Old Town and Glenwild - 04/14/08 05:25 PM
While we were in New Orleans, all 3 ski areas in Park City closed for the season despite all of them having over 120 inch bases!
The season was one of the best in memory even though we had somewhat of a late start.
It was not until January that we … (0 comments)
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A little good news for your Monday morning! - 04/14/08 11:38 AM
This update is a little delayed due to the fact that Rob and I took a little trip to New Orleans to attend the wedding of a friend. We had a great time in the "Big Easy" but as usual we are grateful to be back home!
At the end of last week, the Park City market saw … (0 comments)
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Updates On Big Park City Developments - 04/08/08 05:10 PM
Yesterday we had terrific snow and today we had delightful sunshine! It's the second day of another wonderful week in Park City. The news on TV just keeps yammering on and on about the down market and the never ending supply of bad news.....but here in Park City, Utah we have plenty of other interesting … (2 comments)
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Tons and Tons of Snow!!!!!.....and some great updates as well - 04/07/08 01:34 PM
So it DUMPED LIKE CRAZY all morning here in Park City and many of my friends took the day off of work to hit the "pow pow"....but not me....I'm sitting diligently at my computer working away ;)
The most probable reason that I am so content to come to work amidst the amazing … (1 comments)
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2007 Appreciation state by state - 04/03/08 11:38 AM
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Some Interesting Ski Town Sales Numbers to Peruse - 04/03/08 11:33 AM
See the 2007 year-end stats from the resorts around the Rocky Mountains. While the number of sales decreased in Park City the average sales price was up, which boosted our total volume up by 3% over 2006. Park City is still a great buy when compared to some of the other … (2 comments)
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What's the deal with Promontory?!?!?!? - 04/03/08 11:18 AM
So there's been plenty of talk lately about the Promontory development and what is going to happen with it's future.....This statement was released from Pivitol Group, the developer of Promontory, on 3/28/08 to its members.
In January, Promontory announced that deteriorating market conditions impacted by the sub prime mortgage crisis led … (0 comments)
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Even in this slow market, there is still plenty of activity in Park City! - 04/03/08 11:14 AM
As we move into the second quarter of the year, we have seen some nice activity in the market over the past couple days. The highlights are: -A Deer Crest town-home at Deer Valley went under contract. The asking price for the 4 bed/5 bath 2800 sq ft home was $2.1m -A 2bd/3ba 1384 … (3 comments)
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