Owner: Park City Real Estate Guide URL:http://blog.parkcityrealestateguide.com Join Date: Thu, 13 Mar 2008 09:56:26 -0500 Rating:0 Site Description: Quickly and easily educate yourself about market conditions, neighborhoods, and lots of other topics that relate to real estate in Park City and Deer Valley, Utah. Site statistics:Click here
Deer Valley Montage Hotel 2008-03-05 20:34:05
Ultra Luxury Hotel
Under Construction in Deer Valley
, Utah
Montage
–One of the world’s most famous luxury hotel brands, just broke ground on an incredible new hotel-residence property in Deer Valley, Utah.
The Deer Valley hotel is the third property in Montage’s collection of distinguished luxury hotels, resorts and residences.
Montage properties are known for their breath-taking natural locations, impressive [...]
Dakota Mountain Lodge and Waldorf=Astoria Announcement 2008-02-26 17:03:15 DakotaMountainLodge
Aligns With Waldorf
Astoria Collection
Dakota Mountain Lodge May Be Park City’s New Hot Spot. Dakota Mountain Lodge made national news last year with their announcement of their affiliation with the Golden Door Spa.
Today’s news that the Waldorf=Astoria Collection and Hilton have stepped up to the plate is a big deal for The Canyons® [...] Read more:Announcement
Heber Creeper 2008-02-07 14:40:46 Kids Love The Heber Valley Railroad
It was a cold and snowy morning. Just before the railroad tracks, I saw the Heber Creeper train running-steam billowing and whistle blowing. I had gone back in time to the days of the steam engine. I grabbed my camera and took this photo.
This train is one of two 1907 Baldwin Steam [...]
Easy Guide to Utah Real Estate Taxes 2008-02-05 13:02:10
Property Taxes
in Utah are Collected at the County Level
Unlike some states, real estate property taxes in Utah are not based on actual sales prices.
This may come as a surprise to you if you own property in other states, and you are accustomed to being able to predict your property taxes each year with precision. [...] Read more:Easy Guide
, Estate
, Guide
Park City MLS | Deer Valley MLS 2008-01-27 19:15:30
Quick & Easy Park City MLS Research for Buyers
Researching possible real estate investments in Utah has never been so easy.
Thanks to the internet, it’s now possible to preview properties from the comfort of your own home or anywhere you have an internet connection by using one of the public MLS (Multiple Listing Service) portals…they’re the same [...] Read more:Valley
Promontory and Credit Suisse Announce Agreement 2008-01-25 21:25:13
Kudos to Suisse
.htm">Credit Suisse
for Playing Their Hand Right!
In the volatile world of real estate development, developers and their financial backers invariably face-off.
This time, cool heads prevailed.
From where we sit, it sounds like the Pivotal/Promontory Group and Credit Suisse/investors put their heads together and forged an everybody-wins solution, averting what could have been an ugly outcome.
Who Knows the [...] Read more:Agreement
Deer Valley’s Not the Only Smart Money Bet in Town… 2008-01-25 18:47:10 Park City’s Best Cash Flow Condos (Part III)
If Your Last Park City Vacation Was Before the Olympics, Pay Attention!
Don’t be misled to believe that Deer Valley
is the only neighborhood where savvy investors are parking investment dollars in these volatile economic times.
If you haven’t paid attention to some of the new developments in Park City [...] Read more:Money
, Smart
The Best Cash-Flow Condos in Deer Valley (Part II) 2008-01-25 17:29:38 Here’s the good news…
Stein Eriksen Lodge Isn’t Your Only Good Investment Condo Option
The Chateaux at Silver Lake is Also a Great Cash-Flow Generator
Right across the street from Stein Eriksen Lodge in Silver Lake Village is the Chateaux at Silver Lake, which has similar amenities but slightly less convenient ski access. But don’t let the easy walk across the street [...] Read more:Valley
Park City Home Prices Defy National Trends 2008-01-25 16:27:56 Park City’s niche as a spectacular year round resort destination with easy access from an international airport has insulated us from many of the problems facing other real estate markets.
One challenge we face as realtors in Park City, Utah is helping our buyers who live in other states understand that our market has not slowed down the way many [...] Read more:Home Prices
, National
, Prices
, Trends
Park City and Deer Valley’s Best Cash Flow Condos are… 2008-01-25 15:03:18 It’s one of the most common queries we receive from investment-minded buyer clients.
Park City & Deer Valley
Owners Love Winter Revenue
Not surprisingly, the winter months will generate the bulk of your annual rental revenue. There’s high demand for rental properties in Deer Valley, Park City, and at The Canyons all winter long.
How To Generate Rental Income When [...]
Park City Home Loan Limits Increase 2008-03-16 20:45:30
Park City Home Buyers Rejoice…
The Economic Stimulus Act of 2008 Makes Borrowing Less Expensive! Because the Park City, Utah area qualifies as a “high-cost” area, it received the maximum allowable increase under the new stimulus plan.
The New “Conforming” Loan Limits
Expire December 31st
Between April 1st and December 31st, 2008 FHA, Fannie Mae and Freddie Mac “Conforming” loan limits in [...]
Park City Condos at Silver Star 2008-04-02 15:24:22 Silver
Star Condos and homes are almost completed!
Of the 98 total homes (condominiums, townhomes, and cottages) in the Silver Star community, 48 are now complete.
An additional 46 units are under contract and under construction. All of these are expected to close by mid-summer 2008.
Only four Developer-offered homes remain unsold in the entire Silver Star project.
Here is a [...]
Park City Condo Sales Stats 2008-04-04 11:17:00
Park City Utah Condo
Prices Still Rising
We’re not kidding!
So much for the real estate doom and gloom we read about every day in the national media.
Check out this chart…
It shows average and median sales prices for Condos in Old Town (MLS area #1) Park City, Utah over the past 10 years.
Not quite what you expected to [...] Read more:Sales
, Stats
Park City MLS Sales Volume 2008-04-11 14:33:10 We just received this question from one of our blog readers:
“How does the total volume of PCMLS sales in 1st quarter ‘08 compare with ‘06 and ‘07″
So we did a little research…Here are the results:
Park City Real Estate SalesVolume
By Quarter 2002-2008
Park City MLS Areas 1-37
Sales Volume Includes Homes, Condos, Land, Commercial, Fractional
First Quarter Comparison
Quarter [...]
Red Cloud Deer Valley 2008-04-13 22:51:09
Record Land Sale in Deer Valley
, Utah
It doesn’t seem like the smart money is too worried about the mortgage crisis having a big impact on Deer Valley real estate values.
Deer Valley just witnessed the most expensive single-family residential lot sale to date…
The lot was a resale lot that was originally purchased from the high-end developer [...] Read more:Cloud
Deer Valley Ski Season Ended Today 2008-04-13 22:06:56
Deer Valley
Resort Wrapped Up a Phenomenal Ski Season
April 13th.
We couldn’t resist a day of spring skiing on Deer Valley’s closing day.
And what a spectacular day it was…Not a cloud in the sky, and no crowds on the lifts.
Check out the huge cornice at the top of the Daly Chutes on April 13th!
Average base [...] Read more:Today
St. Regis Deer Valley 2008-04-13 21:29:23 St. Regis
Resort & Residences, Deer Crest
Construction Update April 13, 2008:
AKA Deer Valley
Ski Season Closing Day.
Years ago, we watched the excavation of the site at the top of Portugese Gap where the St. Regis tower will be located.
It’s pretty incredible to see the hotel taking shape.
The framing is nearly complete for the St. Regis Condos, [...]
The Lowell, Park City Condos 2008-04-26 16:47:11 If you missed out on the “feeding frenzy” when the spectacular Silver Star condos were released for sale a couple of years ago, you might want to pay very close attention to the re-development of The Lowell in the Resort Village at Park City Mountain Resort.®
The Only New Whole-Ownership Condos Built in the Park City Mountain Resort® Village in [...]
President Bush in Park City, Utah 2008-06-02 23:04:40 Good thing I dodged the road closure last week caused by the presidential motorcade! It was quite a scene along Kearns Blvd, where Marine One–the President
’s Helicopter–landed near the Treasure Mountain Middle School in Park City Wednesday afternoon.
President Bush
was Greeted by a Mixed Crowd in Park City, Utah
Crowds lined the presidential motorcade route. Many cheered [...]
Tiger Woods in Park City, Utah 2008-06-02 21:42:23 You Don’t Have To Be A Celebrity Athelete to Receive Top-Notch Medical Care in Park City, Utah
Following his second place finish at The Masters, Woods
.htm">Tiger Woods
underwent successful arthroscopic surgery on his left knee.
The procedure was performed by Dr. Thomas D. Rosenberg at the Healthsouth Surgery Center in Park City, Utah in mid-April.
This marked the third time [...]
Talisker Buys The Canyons® Resort 2008-06-30 22:16:45
The Canyons Talisker Deal Has Closed!
In one of the biggest deals in the history of Park City Real Estate, luxury developer Talisker closed on the purchase of The Canyons Resort
today.
In a press release to members of the exclusive Talisker Club in Park City, Utah today, Talisker announced that it had successfully closed on the purchase.
Talisker [...]
Tuhaye Homes: Park City Utah’s Most Exclusive Golf Retreats 2008-07-13 20:52:18 We don’t usually blog about individual properties, but sometimes we run across residences that are so remarkable, they deserve a little extra editorial press.
Are Tuhaye Homes
the “Best of Breed?”
While some Park City private golf developments are facing big challanges in today’s volatile economic times…
Promontory’s Bankruptcy, for example…
Talis Read more:Exclusive
Talisker Club: Park City Utah’s Most Exclusive Private Club 2008-07-13 15:37:50
What’s New at Talisker Club in Park City, Utah
News Flash: not all developers are teetering on the edge of bankruptcy.
As evidenced by their purchase of The Canyons Resort, luxury developer Talisker is charging full-speed ahead in their quest to build finest private ski/golf club in the world. That’s not an easy task, but with massive land holdings [...] Read more:Exclusive
, Private
St Regis Deer Valley Signature Restaurant 2008-09-15 22:17:36 Legendary Restaurateur Coming To Deer Valley
, Utah
Setting the table for the first of many memorable parties at the St. Regis
…
Last night, a lively gathering of Park City & Deer Valley’s top real estate agents and brokers tasted an assortment of fine wines and hors-d’oeuvre’s on site at the St. Regis Resort & Residences, Deer Crest.
We were lured to [...] Read more:Signature
Deer Valley Homes: Ski Access Preserves Value 2008-11-16 18:42:43 As real estate markets around the country have deteriorated along with the global equities markets, there is a bit of good news for some resort property owners…
Do Deer Valley
Home Owners With Ski-In/Ski-Out Access
Have Down-side Protection?
This chart demonstrates the importance of ski access to property values in Deer Valley, Utah.
The average sales price [...] Read more:Homes
, Value
Heber City Airport 2008-11-16 14:40:01 If You Fly Privately and You’re Headed to Deer Valley or Park City, Utah…
You may want to take advantage of the Heber City Municipal Airport (Russ McDonald Field).
Heber Airport FBO: OK3AIR
OK3AIR is full-service fixed-base operator. They offer the following services:
Exxon Mobil Jet A and AvGas
Large Hangars (up to GIV)
8 Acre Ramp
Rental Cars
Limo Service
Pilot Lounge
Catering
Bald Eagle: Deer Valley’s Gold Coast 2008-11-12 17:39:21 Deer Valley
or Aspen: What’s the Best Value?
If you’re looking for a slope-side estate, you could buy one in Aspen and spend somewhere between $10 million and $135 Million (Prince Bandar bin Sultan bin Abdulaziz’ place).
Or, you can be a smart value investor, like Warren Buffett or John Jacob Astor, and buy further west, acquiring [...] Read more:Coast
, Eagle
How To Buy Park City & Deer Valley Real Estate in Your IRA 2008-11-11 10:41:33 Wild Stock Market Preventing You From Building Wealth in Your Retirement Account?
If so, you may want to join the growing number of people who are investing their retirement funds in real estate.
There’s real long-term investment growth potential in using tax-deferred funds to purchase property.
The Problem With Most IRA’s
Most IRA Custodians–like brokerage companies and banks Read more:Estate
, Real Estate
, Valley
Deer Valley #1 Resort In North America…Again! 2008-11-09 14:29:05
2008-2009 Ski Magazine Rankings Name Deer Valley
#1
Readers of Ski Magazine once again voted Deer Valley, Utah the number one ski resort in NorthAmerica
. The survey tracks the continent’s best ski resorts, based on quality of terrain, snow, grooming and more.
Deer Valley, Utah Wins Coveted Award for Second Consecutive Year
En route to the “Number 1″ [...] Read more:Again
, North America
, Resort
Park City Real Estate vs. Aspen, Vail, etc… 2008-11-30 14:39:36
How Does Park City, Utah Compare To Other Rocky Mountain Resort Towns?
Vacation home buyers frequently compare a handful of resort towns when they’re researching potential investments. It’s a fun homework assignment to hop from town to town to compare properties. There’s no substitute for jumping in and testing out the local lifestyle on your own.
Keeping [...] Read more:Aspen
, Estate
, Real Estate
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