Promontory Update….Good Advice

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 are pending sale.
The homes [...]

Tax Credit Info

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 buyers into the market, the NATIONAL [...]

Positive News About The Market…Just What We Needed!

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 new home sales in April.
While [...]

Updates on Big Park City Developments

Yesterday we had terrific snow and today we had delightful sunshine!It’s the second day of another wonderful week in Park City.The news on TV just keeps yammering on and on about the down market and the never ending supply of bad news…..but here in Park City, Utah we have plenty of other interesting topics to [...]