promontory: Wait for it....PROMONTORY UPDATE!! - 12/05/08 05:55 PM
I know everyone is waiting on news to come out of the courtroom regarding the bankruptcy at Promontory. As of Friday afternoon, we do not have anything…look for something to come out over the weekend.
However, the Jack Nicklaus course at Promontory was just awarded the #3 new course by … (1 comments)
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promontory: Signs of Life at Promontory and a SCREAMIN' DEAL too! - 11/18/08 05:17 PM
Just in the past few days we have seen 2 homes go under contract at Promontory.Maybe the activity can be attributed to the reorganization plan...but that has not been agreed upon by the court...so then again, maybe not.None the less, any activity is good to see. I would have to imagine … (0 comments)
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promontory: Park City Market Update...Deals GALORE! - 11/17/08 04:37 PM
Over the past week we have seeesaten 71 properties come on the market, 20 go under contract, and 14 close escrow. Of note:
ACTIVE:-Aspen Springs lot at $895,000....great views in an area where lots rarely come available.-Deer Valley home at $1.995m; 5bd/5ba, 4286 sq ft, $465psf....not too bad of a deal … (0 comments)
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promontory: Promontory Club Bankruptcy Discussion - 11/11/08 11:31 AM
Below is a brief recap of what has taken place over the past month in the Promontory bankruptcy hearings.
As you will see, a reorganization plan that is headed up ny Credit Suisse has been proposed by Pivotal , but nothing has been agreed upon. The agreement will hopefully take place … (2 comments)
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promontory: Promontory Bankruptcy Update - 11/06/08 04:26 PM
UPDATE ON PROMONTORY BANKRUPTCY SITUATIONLate last Friday night the attorney's for Pivotal Group, the developer of Promontory, filed their plan of reorganization with the Bankruptcy Court. Because we know you do not want to wade through the 175+ pages of legal jargon, here are the highlights:
-A new entity will be … (2 comments)
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promontory: Park City Powder Already...ABODE news and an Update - 11/05/08 04:23 PM
It's snowing like mad here in Park City today! It's been coming down since yesterday and we've got at least a foot now! Not too shabby...There's definitely a good base coming in for the ski resorts and the snow machines are on full blast adding to it.There's a wonderful excitement in the … (0 comments)
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promontory: Who's Hungry for a PC Real Estate Market Update? - 10/07/08 05:38 PM
Over the past few days we have seen 28 properties come on the market, 13 go under contract, and 10 close. The high points are:
ACTIVE:-Old Town home for $3.7m; 4bd/5ba, 3401 sq ft, $1088psf...this one has been on the market before and actually started at $4.7m! If they are looking … (0 comments)
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promontory: Debate-Day Market Update - Park City - 10/02/08 01:46 PM
Today is Debate Day for the Vice Presidential Candidates and the whole country is no doubt interested to see how the whole thing will turn out. Which ever candidate you are routing for, tonight's debate could really be telling.
On another note, all the local developments in the Park City area … (1 comments)
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promontory: How About a Market Update?!?! Happy Monday! - 09/29/08 06:34 PM
Over the past few days we have seen 20 properties come on the market, 12 go under contract, and 9 close escrow. Of note, we have:
ACTIVE:-Park Ave condo at $975,000; 3bd/3ba, 1628 sq ft, $598psf...seems a tad high, but we'll see.-Black Bear Lodge unit in Deer Valley at $1.995m; 4bd/6ba, … (0 comments)
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promontory: Need Something To Do in Park City?..... - 09/12/08 06:47 PM
mountain biking in Park City, Utah
-First of all let's start with the Farmer's Markets at the Canyons in Park City...they are GREAT! Get over there and get some delicious produce and treats before it's over for the year! Rob and I grabbed some peaches this past Wednesday (that's when they … (0 comments)
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promontory: DEER VALLEY GETS NUMBER ONE!!! (AGAIN) - 09/12/08 06:25 PM
changing leaves in Park City, Utah
Not like it's a big surprise but....Deer Valley once again took the top spot for the nations best ski resort, according to Ski Magazine. NICE!
It is the fourth time in the last eight years the magazine's readers have put Deer Valley on … (0 comments)
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promontory: A Grey Day in Park City... - 09/09/08 06:05 PM
The weather today is a little grey here in Park City....it kinda makes me want to crawl into bed and watch TV...wait - better make that a movie, considering the fact that if I have to hear one more newscast about Sarah Palin - I might explode...we need some new material … (2 comments)
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promontory: Thinking Good Thoughts.... - 09/02/08 05:48 PM
Existing-home sales rose in July to the highest level in five months, although they continue to be well below the numbers from last year at this time, according to the NATIONAL ASSOCIATION OF REALTORS®.
Existing-home sales including single-family, townhomes, and condominiums increased 3.1 percent in July to a seasonally adjusted annual … (5 comments)
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promontory: Park City Market Update...News You Can Use! - 08/29/08 05:05 PM
In the past few days we have seen 44 properties come on the market, 18 go under contract, and 21 close escrow. The notable ones are: NEWLY ACTIVE:-Silver Star ski in/ski out at Park City Mountain Resort for $3.15m; 6bd/7ba, 3690 sq ft, $854psf....let's keep our eyes to see what this … (2 comments)
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promontory: Market Update....last week in August - 08/27/08 05:33 PM
Tonight Rob and I are attending the Gipsy Kings concert at Deer Valley as the second to last chance to take part in the St. Regis Big Stars Bright Nights concert series. It's going to be a blast!
And don't forget to check out our new blog layout and the new … (0 comments)
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promontory: Park City Summers Take the Cake - 08/25/08 04:40 PM
Rob and I just got back from a great trip to Southern California for the wedding of our good friends Brian and Brittney. Brian is that friend of ours who provides most of the great scenic photos we post here. Brittney is his new lovely bride. Brittney and I … (1 comments)
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promontory: GREAT DEALS...in Park City, Utah...Market Update - 08/19/08 12:27 AM
Over the past few days we have seen 33 properties come on the market, 11 go under contract, and 20 close. The high notes are: ACTIVE: -Sky Lodge condo (one-eighth fractional)at $267,000; 2bd/2ba, 1260 sq ft...these units seem to be coming down in price dramatically.-Old Ranch Road home for $1.495m; 3bd/3ba, 3400 … (0 comments)
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promontory: Glenwild Year To Date Market Report - 08/14/08 12:11 PM
Glenwild report YTD: We have seen some nice activity in the Glenwild housing market in 2008, and the opposite for the vacant land market at Utah's #1 golf course. As of today (8.14.0 here is where we stand at Glenwild for 2008: HOMESActive homes:-13 homes on the market-Prices range $2.385m to $5.995m with $3.85m … (0 comments)
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promontory: Mid-August Market Update - 08/12/08 05:16 PM
Since late last week we have seen 69 new properties come on the market, 25 go under contract, and 20 close. The high points are: ACTIVE:-Silver Star ski in/ski out at Park City Mtn Resort come on the market at $1.5m; 3bd/3ba, 1986 sq ft, $755psf....this is not too bad for … (0 comments)
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promontory: It's Fate - We got Park City and Deer Valley! - 08/08/08 03:04 PM
yup that's right..!...we got 'em!
i'm so excited to sponsor these towns and to get down to business preparing great information and updates for locals and potential buyers!
i really enjoy activerain and localism and am so happy to participate at this level
on another note, i heard the other day … (2 comments)
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