real estate: Why I’m Buying A Park City Rental Property...And Why You Should Too
- 09/14/18 10:55 AM
This blog is a repeat of a blog I wrote 2 years ago. Since that time, we purchased another Park City condominium. A few weeks ago, I helped some of my favorite clients purchase an investment condo near Kimball Junction. The rental market is very strong in Park City. Now is a great time to buy a condo in Park City, before the ski season starts and the prices go up.
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real estate: Seller Beware: Obstacles to a Successful Real Estate Sale
- 06/27/18 10:31 AM
To say this has been a challenging year as a REALTOR® is an understatement. Today’s market is different from any other I have experienced in my 15 years helping clients buy and sell real estate. Why? The economy is robust Interest rates are historically low There is a shortage of inventory (homes for sale) Buyers are frantic to find the right home but at the same time know they are paying top dollar creating a lack of confidence Sellers know the market is hot and are being extremely aggressive on pricing The combination of these factors has resulted in a new … (0 comments)
I love living in a small town where one can actually meet the leaders of our community. Last Friday, both the Superintendent of the Park City School District, Dr. Ember Conley, and the School Board President, Julie Eihausen, updated a group of Park City REALTORS on the latest plans for our schools. As both a parent and a REALTOR, I take a keen interest in Park City’s public schools. If you own or are contemplating owning property in Park City, you should, too. There is documented research that living near … (0 comments)
Summit Sotheby's International Realty was recently awarded "Best of State" in the Real Estate Brokerage Services category by Utah's premier recognition and awards program. The "Best of State" Utah awards recognize Utah businesses, organizations and individuals who have made significant and innovative contributions to the quality of life in the state. A panel of expert judges from across the state selects winners by scoring nominees based on the overall quality of a company's program, innovation, and contribution to the quality of life in Utah. Sotheby's International Realty brand is recognized worldwide as an established, proven brand to sell properties … (0 comments)
real estate: Why Hiring a Realtor Saves you Money
- 10/10/13 09:18 AM
1. Looking for a new home or trying to sell yours? Realtors network with one another and in today’s fast real estate market can often match buyers and sellers before a home even hits the market. Realtors are familiar with the local inventory and know about homes that recently left the market. This saves time and money for both buyer and seller. Example: A local real estate agent just showed and sold a home I recently took off the market. This was a win-win for both the buyer and seller. 2. Realtors know the sales process. They understand the terms … (0 comments)
real estate: Sales of Second Homes Soar to Highest Level Since 2005
- 04/05/12 07:29 AM
Sales of second homes, which include vacation and investment homes, soared in2011 to their highest market share since the height of the housing boom, according to an annual report from the National Association of Realtors (NAR). Sales of investment homes climbed 64.5% in 2011, while vacation homes increased 7%. Combined, second home sales accounted for 38% of all home sales last year, up from 27% in 2012. “During the past year investors have been swooping into the market to take advantage of bargain home prices” said Lawrence Yun, NAR’s chief economist. About 25% of all vacation buyers and 50% of … (0 comments)
This blog is a repeat of a blog I wrote 2 years ago. Since that time, we purchased another Park City condominium. A few weeks ago, I helped some of my favorite clients purchase an investment condo near Kimball Junction. The rental market is very strong in Park City. Now is a great time to buy a condo in Park City, before the ski season starts and the prices go up.
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