Slope Side Living- Hyatt Centric

By ParkCityIs.com
Nov 07, 2018

Summer Events at Canyons Village

By ParkCityIs.com
Jun 28, 2018

Canyons Village has an exciting summer calendar planned! Below are some highlights on upcoming events, activities, and transit over the next month or so. For more info on events, golf, transportation, and development, please the Canyons Village site here.

  • Canyons Village Summer Activities- Now Open 
    • Park City Mountain has started spinning the lifts again for cross-country mountain biking, zip lines, hiking, family activities, and more. Summer activities began on May 25that the Park City Mountain Village and begin on Friday, June 15th at Canyons Village. Canyons Village activities will include summer zip tour adventures, scenic gondola rides, lift-serviced cross-country mountain biking, hiking, Canyons Golf, and miniature golf. More information can be found here.
  • Canyons Golf 
    • Canyons Golf opened on May 25thand 2018 summer season passes are on sale now. For more info or to book tee times, please click here.
  • Summer events begin with the July 3rdCelebration and Fireworks
    • Start your July 4thholiday one day early with FREE live music, kid-friendly activities, and a grand fireworks display. Pack up a blanket and a picnic basket, lay out on the lawn and enjoy the evening with friends and family. The event begins at 5:00 pm with DJ Velvet and kids’ activities, followed by an outdoor concert by The Number Ones. The grand fireworks show will go off at approximately 9:30 pm via Willow Draw.
  • Summer Concert Series
    • The free concerts begin on Thursday, July 5thwith Johnny Neel & Bryon Friedman. Johnny Neel, born blind, musically gifted, and overflowing with soul, is best known for his songwriting, stage, and session work for The Allman Brothers, Gov’t Mule, and Dickey Betts. Local musician, ski racer, and businessman, Bryon Friedman has formed a soulfully inspiring friendship and musical collaboration with Neel.
    • The first Saturday concert begins on Saturday, July 7thwith Wild Belle. Chicago natives and brother-and-sister duo Wild Belle make folk, dance, reggae, and psychedelic rock-tinged indie pop.
    • Concerts will run weekly through Saturday, September 1st, however, there will be no concerts on Thursday, July 19th, Thursday, August 9th, or Saturday, August 25thdue to private group and conference activities.
  • Tour of Utah: August 10-11
    • Canyons Village will play host to the start of Stage 5of the Tour of Utah on Saturday, August 11th, as well as the start of The Ultimate Challenge. There will also be a free pre-race kick-off party on Friday, August 10th. With two races on Saturday morning, plus kid’s bike races, face painting, and birds of prey demonstrations, this will be a great weekend for everyone. The final day of racing, Stage 6, will start and finish on Sunday, August 12th on Historic Main Street.
  • Summer Transportation
  • Current Development Updates
    • As Canyons Village continue to expand, please visit the Developmentpage for the most updated information.

Contact us for information on all available Canyon Village real estate opportunities Team@ParkCityis.com

 

Where Homes Are Flying Off the Market—and Where They're Lingering Longest

By ParkCityIs.com
Mar 22, 2018

| Mar 12, 2018

Why do home buyers and sellers alike track days-on-market stats every bit as obsessively as money managers fixate on the Dow, baseball fans on weight-on-base averages, or "Bachelor" fans on ambush breakups? Well, it all depends on which side of the sales aisle you're on. Sellers, of course, want their homes to move to closing as quickly as possible, maybe even spurring a sweet price war en route. Buyers, on the other hand, are eager to avoid said price wars and maybe even have a bunch of different homes to choose from.

But contrary to what you might assume from reading real estate news headlines, there are metro areas where homes aren't being snapped up at a breakneck pace. It's a big country, after all. So we got curious. What could we learn from how long homes spend on the market in different metros?

The realtor.com® team of data wizards set out to learn where "For Sale" signs are coming down about as quickly as Tickle Me Elmo toys flew off the shelves circa 1996—and where abodes are taking the longest to sell. It turns out, those two opposing lists portray clashing versions of America's real estate market today.

Buyers and sellers, take note(s)!

“That info can give home buyers an idea of how much competition they face, how limited homes are in the market, and how quickly they need to make a decision if they find a home they like,” says Chief Economist Danielle Hale of realtor.com.

And sellers can get a reality check about how long their home should spend on the market—if it's priced right and in good condition.

"It helps them get an idea of how long they have to move somewhere else,” Hale says. “In a really hot market, you can probably sell your home without making updates. But if you make updates, your home is more competitive.”

Nationally, the median number of days on the market is falling—there are too many buyers and not enough properties for sale, particularly in booming tech hubs. It hit a low of 60 days in the high-home-buying season of both May and June 2017, according to realtor.com data. That's down from 89 days in June 2012. (Our data go back only to May 2012.)

To figure out where these home-buying headaches are the worst (or are relatively painless), we looked at the median number of days that for-sale homes in the 300 largest metros spent on market from February 2017 through January 2018.* We limited our rankings to just one metro per state to ensure some geographic diversity.

Ready? Get set? Let's first go look at those boiling-hot metros where homes spend the least time on market.   SALT LAKE CITY #3

READ THE FULL ARTICLE : https://www.realtor.com/news/trends/hot-markets-where-homes-are-flying-off-shelves-and-where-theyre-not/

 

 

Winter 2017/2018 Local Neighborhood Guide

By ParkCityIs.com
Dec 05, 2017

The Winter 2017/2018 LIVING: Mountain Real Estate Guide is now available. Check it out at http://joom.ag/CVKL

*Now available with embedded videos!

Utah is aging beautifully...

By ParkCityIs.com
Aug 24, 2017

Utah was ranked the best state to grow old in.
A new survey from Caring.com ranked all 50 states on how great a place they are to grow old in. The rankings were based on categories including quality of care, cost of living and available health care.

[embed]https://youtu.be/DgYf7NpnMjQ[/embed]

Article:

Successful Art festival

By ParkCityIs.com
Aug 15, 2017

After a successful Arts Festival, the Arts Festival Partners are ready to roll up their sleeves and start planning a Park City Arts and Culture District.

Park City’s Largest Outdoor Dinner Party

By ParkCityIs.com
Jun 08, 2017

Outdoors in the heart of Park City

This is not your average dinner party! Loosen your belts, Park City’s Savor the Summit returns to historic Main Street for the largest dinner party in the state. On Saturday, June 17, 2017 at 6 p.m., over 25 restaurants will be serving their specialities to over 2,500 participants, al fresco, as the sun sets behind Main Street. Park City’s biggest outdoor dinner party offering diners a unique celebration of fabulous food, drink and live music while seated in the middle of Main Street. Park City best restaurants will showcase their culinary talents in an open air community celebration. It’s a summer solstice party of wine, dining and music set in a unique setting. To join the party you’ll need to make reservations with your favorite restaurant. Menus range in price with some restaurants offering wine or beverage pairings. View the list of participating restaurants below and make your reservation today – this event will sell out!

https://historicparkcityutah.com/news/2017-summer-event-preview

LOCALLY SOURCED EATS IN PARK CITY AT THE HYATT CENTRIC

By ParkCityIs.com
Jun 07, 2017

Yum!  We can meet over lunch or dinner and discuss the Whole-ownership opportunities! Hyatt Centric Park City offers a prime ski-in & out location at the Canyons Village; giving you instant access to America's largest ski resort- Park City Mountain.   Email Us: Team@ParkCityis.com

 

https://saltlakemagazine.com/locally-sourced-eats-park-city-hyatt-centric/

 

You skied it!   Now golf it!

By ParkCityIs.com
Jun 06, 2017

 

 

 

 

 

 

 

 

 

 

Canyons Golf at Park City.

http://www.parkcitymountain.com/activities/golf.aspx?CMPID=BAC_UT_PC

Park City is a Four Season Town

By ParkCityIs.com
Jun 02, 2017

Yes, Park City is very much a four-season town. Just look at all there is to enjoy throughout the year.

 

 

 

 

 

 

 

 

 

 

 

TRAVEL

The Four Seasons of Park City

Park City offers so much more than the Sundance Film Festival—all year long

Anyone who knows of Park City, Utah likely associates it with the Sundance Film Festival, the 10-day event celebrating independent filmmaking from around the world. But the city itself has so much more to offer—all year round.

Scott House moved from Michigan to Park City because he loved the winters there. But he soon discovered endless activities stretching beyond that season. "I spend most of the spring, summer and fall on my mountain bike," says House who works with the outdoor retailer jans.com and with White Pine Touring. "I love the diversity of activity available to me. There is always something to do outside, which is really special."

Yes, Park City is very much a four-season town. Just look at all there is to enjoy throughout the year.

For the full article: https://www.chase.com/news/010716-park-city-seasons 

One More Step-Canyons Village

By ParkCityIs.com
Nov 11, 2016

DSC_0133 copyLast week, the ski resort maintenance building at Canyons Village at Park City Mountain Resort was demolished in preparation for the new season. The removal of this eye sore bodes well for the Frostwood area, which includes the developments of Juniper Landing, Viridian and Waldorf Astoria Park City. These developments are all poised to capture the current energy and continued evolution of Canyons Village.

As the backhoe began to tear the building down, cheers erupted from those observing from the Waldorf’s deck including their staff, TCFC executives and Berkshire Hathaway HomeServices Utah Realtors ®, who represent many projects in the area. Champagne and pastries provided by Waldorf Astoria added to the joyful morning.

Larry White, TCFC’s CEO and his team have worked diligently to comply with the agreements made long ago between Canyon’s SPA and the County. The demolition of the maintenance building was part of that agreement.  The expanded 11th hole of the Canyon’s golf course, and its green will occupy the site. This week, we are happy to report one more milestone achieved in the Canyons Village plan.

Real Estate Information:  ParkCityIs.com

Team@ParkCityIs.com | Tyler 435-640-3588 | Peggy 435-640-0794

First Quarter- Park City, UT Real Estate

By ParkCityIs.com
May 03, 2016

Exterior_800x600_1288032Greater Park City Area

Single Family Homes Sold this Quarter: 180

Average Single Family Sale Price: $1.3 million

Median Single Family Sale Price: $722,000

Condominiums Sold this Quarter: 151

Average Condo Sale Price: $800,000

Median Condo Sale Price: $500,000

Wasatch County

Single Family Homes Sold this Quarter: 58

Average Single Family Sale Price: $584,000

Median Single Family Sale Price: $434,000

Condominiums Sold this Quarter: 35

Average Condo Sale Price: $429,000

Median Condo Sale Price: $355,000

Reach out for a comprehensive overview of Park City's market and your neighborhood's trends. Call the Marty- Richardson Team. 

Peggy Marty 435-640-0794 | Peggy@ParkCityIs.com

Tyler  Richardson 435-640-3588 | Tyler@parkCityIs.com

FIRST TIME HOME BUYER CHALLENGES AND TIPS

By ParkCityIs.com
Apr 08, 2016

13Along the Wasatch front, rent is astronomically high while interest rates are still historically low; buying a home seems like a no-brainer. Yet Millennials have been slow to take on home ownership. Why the hesitation?

There are several factors: A recession which brought with it high unemployment resulted in a massive number of foreclosures that attracted real estate investors... in droves. With more rentals available and fewer homes for sale, demand for rental properties increased and with it, skyrocketing rents. In addition, New college graduates looking for higher-paying, career-oriented jobs were sidelined by high unemployment and unprecedented student loan debt limited access to credit and reduced borrowing limits.

Add it all up and Millennials are at a serious disadvantage. However, there are some fundamental tactics to help navigate the current real estate market and succeed in finding a home.

DO YOUR HOMEWORK

There is vital information you should know, but probably don’t, about buying a home. Just because you don’t k now, doesn’t mean you can’t know.

Check your credit–This is important! Ideally, you should have ample credit available and only a third of it used. Repairing damaged credit should begin at least 6 months before starting your home search.

Evaluate Assets and Liabilities–Track your income and spending for a couple of months. Compare your earningpower and cost of living. Are you due a raise or can you live more economically?

Qualify yourself–A lender can tell you how much borrowing power you have, but only you know how much you can comfortably spend. Which brings us to...

Unexpected fees–Don’t forget to prepare for these fees: closing costs, property tax, HOA fees, life insurance, mortgage insurance, home insurance, utilities, maintenance, etc.

r down payment–Once you know how much you can borrow, unexpected costs, and your spending limit, you can figure out a down payment that will keep your monthly payment “comfortable”.Figure out you

Organize documents–Your lender will need 2 most recent pay stubs, the previous 2 years’ W-2s, tax returns and the past 2 months of bank statements. Knowing what you need and where to find it will save you time and effort.

CONSIDER YOUR OPTIONS

There is dramatically low inventory of starter homes and prices are rising. Many homes are receiving multiple offers which creates challenges for first-time buyers. Increase your chances of finding a suitable property by considering some alternatives.

Go smaller–A smaller home, a smaller lot size or a lower cost neighborhood can reduce your costs.

Take on a project–Homes in need of updating, cosmetic improvement or a manageable degree of repairs are typically cheaper and in less demand.

Share the cost–A duplex or a home with an apartment will allow you to cover your mortgage by renting out one of the living spaces while living in the other. Save money while building equity and when you are ready to move up you can either rent or sell the property and apply the profit to your new home.

MORE TO CONSIDER

Interest rates are at historic lows, and first-time buyer programs, (featuring low or no down payments) are currently plentiful in the industry. With home values rising faster than salaries and comps, a lower home appraisal can be a bargaining chip to reduce the cost of your new home, even in this competitive market.

Email us, we are here to help!   Team@ParkCityIs.com

UTAH'S CUTEST RESORT PROFESSIONALS

By ParkCityIs.com
Mar 23, 2016

23

Dog lovers: Get ready to feast your eyes on the best-of-the-best pups and dogs of the mountains. Recently the Ski Utah Yeti interviewed several avalanche dogs at Utah resorts. 

 

 

 

 

Read about all of the dogs of the mountains at: https://www.skiutah.com/blog/authors/yeti/puppy-lovin-in-uta

 

Good news. Households in the US are looking financially strong.

By ParkCityIs.com
Mar 18, 2016

1 Million Borrowers Regained Equity Last Year

Spread the good news: The nation increased its number of financially secure households by a significant amount in 2015. By the end of the fourth quarter, about 46.3 million – or 91.5 percent – of all properties with a mortgage had equity, according to CoreLogic’s most recent analysis, released this week...

http://realtormag.realtor.org/daily-news/2016/03/11/1-million-borrowers-regained-equity-last-year

By ParkCityIs.com
Mar 17, 2016

hsp

A great guide to navigating the Sundance Film Festival.

By ParkCityIs.com
Jan 07, 2016

Where to Stay, Eat, and Drink in Park City for the Sundance Film Festival

sundance copy

Heading to Park City in January? Here are our picks for what to do in between screenings

Text By: STEFANIE WALDEK AND 
LAURA ITZKOWITZ
 

Link: http://www.architecturaldigest.com/gallery/park-city-guide-sundance-film-festival

2016: the year to buy a home. Here’s why…

By ParkCityIs.com
Jan 06, 2016

6 Stellar Reasons to Buy a Home in 2016

Reason No. 1: Interest rates are still at record lows

Reason No. 2: Rents have skyrocketed

Reason No. 3: Home prices are stabilizing

Reason No. 4: Down payments don’t need to break the bank

Reason No. 5: Mortgage insurance is a deal, too

Reason No. 6: You’ll reap major tax breaks

Read full article: http://www.realtor.com/advice/buy/reasons-to-buy-home-in-2016/?cid=soc_20151230_56825276&adbid=682222875810529282&adbpl=tw&adbpr=17351940&sf17863152=1

A Glance at Green Benefits

By ParkCityIs.com
Jan 05, 2016

By Berkshire Hathaway HomeServices Utah Properties

IMG_2367

Single-family homes are responsible for more than 20% of the country’s greenhouse gas emissions. A green home can help reduce the causes of climate change and more homebuyers are looking to purchase homes with eco-friendly features. Consumers want homes that are sensitive to the environment.

Solar panels aren’t for everyone. A home must be in an area with sufficient sunshine and be in an appropriate location. They typically require an up-front investment but because they are clearly visible from the street, they are likely to command a price premium.

There are more inexpensive ways to make a home green. Energy-efficient appliances can reduce utility bills. Tankless water heaters mean less time and waste. Replacing old furnaces can lower your heating bill. Consider replacing windows and doors and finding ways to insulate the home.

Producing 12 months of past electricity bills can signal to potential buyers that the home has an added bonus.

A potential buyer may notice a swimming pool or great kitchen, but the home’s energy efficiency and “greenness” is harder to see. Therefore, a homeowner should make their home’s green features well known.

- See more at: http://agents.bhhsutah.com/news-hub/a-glance-at-green-benefits#sthash.yAiGZDKm.dpuf

Everyone Likes Photos of Pretty Homes

By ParkCityIs.com
Jan 04, 2016

By Berkshire Hathaway HomeServices Utah Properties

A Picture Can Be Worth a Thousand Words

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This is even more true when it comes to selling your home. And let’s face it, you want those words to end with a definitive “sold.”

Homes garner more traffic and buyer interest when presented effectively—which means they sell faster. That’s why it is essential that you showcase your home through images in the best way possible.

According to the National Association of REALTORS,®nearly 90% of all homebuyers begin shopping for homes online. They click through photos and send a list of those of interest to their real estate agent. In fact, homes with few or no photos are often skipped simply for that reason, even if the home’s description matches a buyer’s ideal listing.

Many agents believe that apart from staging, no other marketing investment is as important as professional photography in marketing a property. So to generate more buyer interest, there has been a dramatic increase in the use of professional real estate photographers. As much as we like to think we take great photos, a professional has an eye for seeing the best composition and lighting, plus better equipment to make the photos bright, clear and sharp.

- See more at: http://agents.bhhsutah.com/news-hub/everyone-likes-photos-of-pretty-homes#sthash.ewjYmx8Z.dpuf

 
 
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