Empire Pass is rolling along and no real news from the Talsiker/Canyons deal - 06/30/08 03:10 PM
Yet again Talisker failed to close on the Canyons. They did put up an additional $5m, to bring their total non-refundable deposit to $25m. Talisker officials were "unavailable" for comment...we'll keep our ear to the ground to see what is going on behind the scene...stay tuned.Here is an Empire Pass at … (1 comments)
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Market Update...what's going on in Park City - 06/30/08 03:05 PM
Well since Tuesday we have seen 60 properties come on the market, 15 go under contract, and 13 close. The high notes are:ACTIVE:-Glenwld lot for $895,000....I would imagine they have some wiggle room here on the price!-Fox Point at Redstone condo for $420,000; 2bd/3ba, 1302 sq ft, $322 psf seems a … (1 comments)
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A Quick Little Update Regarding Promontory - 06/26/08 04:01 PM
Promontory update:There is no real news to speak of on the Promontory hearings, as the judge said that she should have a decision on July 3. Supposedly Credit Suisse, the first lien holder, does not want Pivotal, the current developer, to continue developing or operating the club. Hopefully, we will know … (0 comments)
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Park City, Utah - Market Update...not too shabby - 06/24/08 05:33 PM
Since the beginning of the weekend we have seen 65 properties come on the market, 15 close, 13 go under contract.Here are the high notes:ACTIVE:-Promontory home at $3.795m; 6500 sq ft, 5bd/7ba, $584psf...this one looks like a great home, but I have not been through it yet. Seems a little high … (0 comments)
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Talisker Misses the Mark on Closing at the Canyons...Again...Maybe Next Week? - 06/24/08 05:18 PM
Talisker has yet again failed to close on the Canyons, but their attorney has stated that they will close this week....we have heard that before!The public sentiment around town is that Talisker will not be able to close, however I think the deal will get done. Parkites seem to be miffed … (0 comments)
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2008 Concerts at Deer Valley - an in-depth discussion - 06/23/08 06:37 PM
So you're getting excited already about the August 31st Bob Dylan concert at Deer Valley in the loverly Park City...well I know how you feel.I for one am not going to sit around on my laurels and wait for that concert...I mean YES I want to go and I will be … (2 comments)
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Lots in Glenwild....Who Knew They Were Such Great Deals!?! - 06/20/08 04:40 PM
So in our last post we talked about the housing market in Glenwild and how there are plenty of great homes for sale there. With the houses moving pretty fast and the lots moving slower, the sellers of the lots should be antsy to make some serious deals!In this post we'll … (0 comments)
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Homes Report for Glenwild - 06/20/08 04:24 PM
In our humble opinions, Glenwild is one of the top developments in the Park City area. Not only does it provide members with a great golf club and community but it also gives residents amazing, sweeping views and a group of gorgeous homes built in the serene and breathtaking hills. … (0 comments)
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Rocky Mtn Resort Outlook - 06/18/08 06:31 PM
A little over a week ago we held the Rocky Mountain Resort Association annual meeting here in Park City. Professionals from Aspen, Vail, Jackson, Winter Park, Steamboat, and Sun Valley just to name a few. The best and most informative part was a 3-hour session put on by NAR chief economist, … (8 comments)
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Market activity and no news from Promontory....yet - 06/17/08 06:55 PM
Promontory has its next scheduled court date next Monday, June 23. So while there is no news yet, next Monday afternoon should be interesting. Other than that, there are some good deals in the development, and the golf season in cranking up & running beautifully.Just in the past day we … (0 comments)
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Talisker Update.... - 06/16/08 04:27 PM
Park City developer, Talisker, has still not closed on their deal to buy the Canyons.They missed another deadline to close on the deal on Friday, which was the third deadline they have missed. Attorney's for Talisker have stated that they intend to close on the deal very soon. Talisker is also … (0 comments)
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New Restaurant in Town...And An Update! - 06/16/08 04:15 PM
Ski Utah reported that the 2007-2008 ski season was the best ever! Numbers to come later... Cafe Rio, the famed Mexican restaurant, opened at Newpark Hotel late last week....the residents of that area seemed to be pumped! In addition Steven Maxwell, of Fat Kid Pizza, is opening a restaurant in the … (0 comments)
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Promontory Update....Good Advice - 06/12/08 07:50 PM
While Glenwild continues to sizzle, Promontory is a bit slower...just as one might think with the cloud of organization hanging over the development. Here is a snapshot of Promontory YTD (6/10/08): -111 lots on the market...which is just an absurd number to say the least.-2 lots have closed at $310,000 and $705,000-7 lots … (0 comments)
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Gorgeous Home in Old Town, Park City! - 06/12/08 11:28 AM
In this gorgeous Old Town home the historical society will be hosting a dinner there on Friday night. Listing at $1,995,000; 4bd/4ba, 2375 sq ft, and for $840psf is not to bad for walking distance to Main St, and skiing!!! A lease back option might even be considered if the … (2 comments)
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Snow in Park City Today.....HE-LLO....It's June 11!!! - 06/11/08 05:48 PM
Seriously folks.....this is mayhem!
Today it snowed in Park City for the whole morning!
What is this? Can I blame Global Warming? Or El Nino?
Weather like this makes me nervous....I have a vision of that movie "The Day After Tomorrow" where the weird weather starts slamming the world and then … (4 comments)
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Tax Credit Info - 06/11/08 04:44 PM
Here's some interesting information regarding what the National Association of Realtors thinks about a temporary tax credit to provide incentives to home buyers into getting a move on....hmmmmmmmm.....
NAR says a tax credit would get buyers off fence
A temporary tax credit would be the best incentive to move hesitant home … (2 comments)
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What We've All Been Waiting For....A Glenwild Update!!!! - 06/10/08 08:36 PM
While things still look to be hot at Glenwild in the housing market, we are still seeing some good deals on lots in the development to acquire. Please contact me for more info on those robalday@yahoo.com or 435.729.0022. In the past few days we have seen 64 properties come on the … (0 comments)
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Five Rules for Home Buyers - 06/10/08 05:15 PM
Here's some great rules to share with your buyers inorder to get them in the right state of mind for the process...
5 New Rules for Home Buyers
Surviving and thriving in the real estate market these days means following a whole new set of rules.
Here are five imperatives for … (0 comments)
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Positive News....Just What We All Needed For The Impending Week! - 06/09/08 09:15 PM
Some good news nationally as housing data in April provided some unexpected signs of hope that the housing market may be stabilizing. While still premature to declare that ‘the bottom has been reached, we may be getting close. Positive permits and housing starts data was followed by a rare up-tick for … (1 comments)
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Bob Dylan in Park City - August 31st - 06/09/08 03:12 PM
You know you're as excited as we are because folk-rock icon Bob Dylan is scheduled to perform at Deer Valley in August, according to the artist's wmusiceb site.The site lists a concert on August 31st, a Sunday. Tickets go on sale on June 28 at 10 a.m., with a presale scheduled … (2 comments)
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More Neato Tidbits on Park City's History...Just In Case You Were Wondering... - 06/09/08 02:40 PM
Want some more history on Park City?...well lucky for you I found a great deal of information on the Park City Historical Society website at www.parkcityhistory.org
There are so many people who come to Park City in the both the winters and summers every year and we forget that this … (2 comments)
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Market Update Happy Friday! - 06/06/08 08:48 PM
MARKET UPDATE: Over the past week we've seen 55 properties come on the market, 32 close, and 31 go under contract. Of note: ACTIVE:-Fantasically priced home in what has turned out to be a hot Lower Deer Valley market. It comes in at $1.883m; 4660 sq ft, 5bd/4ba, $404 psf.-Great deal on an … (0 comments)
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Promontory and Glenwild Updates - 06/06/08 08:44 PM
PROMONTORY: -Not too much to report on the Promontory bankruptcy situation. There is another hearing scheduled in court for the end of June. The lien-holders and Pivotal are trying to work out a plan to move forward. Last that we heard Pivotal and the 2nd lien holder had teamed up, and Credit … (0 comments)
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Inspiring Speech by JK Rowling....Something Happy For Your Friday - 06/06/08 12:37 PM
I read this commencement speech today and was very inspired. This is the speech JK Rowling gave to the Harvard graduating class. It is very powerful to me and I hope that it can be as invigorating to anyone else who reads it as well. Hopefully it will make your Friday … (3 comments)
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Disclaimer - For Those Who Can't Take Anything Too Seriously - 06/05/08 05:33 PM
I found the disclaimer below hereAnd I loved it so much I used it on my blog ( www.parkcitywire.com )It perfectly fits my personality and it also conviniently conveys what I need it to.The weather is sunny and wonderful here in Park City today and I couldn't be happier...I wish the same … (5 comments)
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Park City's Wild History - 06/04/08 03:43 PM
Want To Know A Little About The History of Park City?...The city was settled as a mining community in 1870, following the discovery of lead, gold, and silver in the area. The city became heavily populated to such an extent that many people thought it would replace Salt Lake City as … (0 comments)
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Talisker Purchase of The Canyons...UPDATE - 06/04/08 02:58 PM
Below is an update on the Talisker Purchase of The Canyons....but first....let's acknowledge the Park City Highschool's recent ranking by Newsweek Magazine as 286 in the nation....not to shabby! Also, the Park City Highschool Soccer Team took state last week. GO PCHS!!!!!!Talikser Purchasing The Canyons - Update:Talisker Corporation is still working … (0 comments)
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The Cost of a Visiting President....and AN UPDATE!!!!! - 06/02/08 05:12 PM
Parkites could be shelling out an extra $30,000 for the chaos that surrounds a Presidential visit. All the extra law enforcement and vehicles ran up a hefty bill....I guess this is par for the course as far as Mr. Bush's economics go...just run up a tab! See the $9,390,653,364,135.51 national debt … (0 comments)
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Best Practices - Six Good Tips - 06/02/08 04:54 PM
Here's a great list of best practices to keep in mind as an Agent. Also, take a look at the "official Rob and Rachel blog" at www.parkcitywire.com!
If you're like many of today's real estate professionals you are wanting to attack the Internet to find clients. Given today's challenging market conditions, you … (3 comments)
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