A Quickie Regarding Talisman

Contrary to rumors flying around town, Talisman is still moving forward on development. People are saying the project is going bankrupt, but they are still requesting building permits and look to move forward this summer. The development is just on the other side (south) of the Jordanelle, and looks to have a Robert Trent Jones [...]

Slight Rate Cut & An Update Of Course

Since Friday we have seen 69 properties come on the market, 29 close, and 18 go pending.
Of note:PENDING:-30 acre residential lot in Silver Creek for $2.4m…nice views from this horse property.-Aspen Spring Ranch home at $1.45m; 5910 sq ft, 5bd/4ba…only $245ppsf!CLOSED:-4 different cabins at Promontory ranging from $1.582m (2015 sq ft & 2bd/3ba) to $1.996m [...]

More News On Promontory and the Park City Heights Project

Happy Wednesday! Rob and I used to celebrate ‘Margarita Day’ every Wednesday. But starting last month we have implemented a new weekly celebration, titled ‘Wine Wednesdays’. From now on we plan to try a different and interesting wine every Wednesday. And we’ll be taking notes. Any fabulous finds we may encounter, we’ll be sure to [...]

WAIT!….Give it a week….interest rates slightly up

STOP…before you lock in that loan….
NOTE:Due to inflation concerns 30 year fixed rates jumped to just over 6% (6.03%) last week for the first time in a month and a half.
The 15 year fixed is at 5.62%, up .22%, abs the 5 year ARM is up .2% to 5.68%.
While these are still historically low, you [...]

A Quick Update…..Happy Weekend To Everyone!

Hope everyone had a great week!In the past day we have seen 42 properties come on the market, 14 close, and 8 go under contract.
Of note:PENDING:-Hidden Meadows home in Lower Deer Valley for $1.71m; 4bd/3ba, 4100 sq ft-Stonebridge condo in Lower Deer Valley at $649k; 3bd/3ba, 2505 sq ft
CLOSED:-Empire Pass at Deer Valley in the [...]

MORE SNOW IN PARK CITY and an interesting development comparison

Well guess what?!?!? It’s snowing like MAD in Park City and it’s practically May!Rob and I are both hard at work recently….him on some contracts and developments Snow Park is working on and me on some things with the St. Regis project here at Deer Crest.Park City is incredible today….the snow is coming down like [...]

What’s Happening at the Yarrow and Some Tips for Taking Your House Green

Local News:
-The owners of the Yarrow Hotel on Park Ave. (next to Albertson’s) have made it clear that they wish to raze the hotel and replace it with a swankier lodge. This could take place as soon as 2010. The new building would have meeting and convention space like the old one, but would look [...]

The Baldy Balderdash and the Market Stays Hot in Deer Valley Even as the Weather Cools

Rob and I spent this past Sunday in Sun Valley, Idaho for a special ski day with friends.
There’s an event in Sun Valley every year where a “private ski day” is raffled off. Anyone can buy tickets to the raffle and the winner gets to invite 200 friends to the Sun Valley ski resort for [...]

Pleny of Buyers for Deer Valley & Deals to be Had at Tuhaye

Going on in the Park City Real Estate market in the past day or so, there have been 25 properties come on the market, 18 go pending, and 12 close.
Of note:
PENDING:-Golf Club Cabin at Promontory at $2,250,000; 3460 sq ft, 4bd/6ba. Looks like there are still buyers, even though a cloud still hangs over the [...]

Skiing Until JULY & RED HOT DEALS at Local Restaurants

UPDATE:We can’t get rid of this snow!While it is not good for the golf courses, a few of the ski resorts have stayed open , and maybe we can hit the slopes in the Cottonwood Canyons over the next few weekends. We might be skiing Snowbird until JULY!!!
In the past day or so we have [...]