Only a 5% Chance Real Estate Prices Will Fall…
Last week I attended a real estate conference where the keynote speaker reviewed the national real estate market. Traditionally, real estate has appreciated about 4% per year over the last 50 years. Based on that trajectory, the median price for a home should have been $219,000 in 2011, but the price was $166,000. That means [...]
Western Mountain Resort Real Estate – 2011 Overview
Whistler|Park City|Steamboat|Sun Valley|Vail|Big Sky|Tahoe|Jackson These are the resort areas that make up the Western Mountain Resort Alliance. Number of Active Listings. All 8 resort areas reported the number of active listings decreased in 2011. Big Sky had the largest decrease in listings at 22%. Park City had 13% fewer listings in 2011 versus 2010. Steamboat, [...]
Selling During the Holidays Could Mean More Money for You
Thinking about selling your home or an investment property? I would suggest listing now rather than waiting until next year. One of the biggest problems sellers have faced over the past few years is competition in the market. The inventory of homes for sale typically reaches its lowest points in November through March. Homes on [...]
October 2011 Sale Recap By Neighborhood
Thirty-seven homes closed last month in the Park City area. Here is the breakdown by neighborhood: Blackhawk Station (Kimble Junction)-5 Jeremy Ranch-6 Old Town-3 homes Park Meadows-4 homes Pine Meadows (Tollgate Canyon)-2 homes Promontory-3 homes Silver Creek-3 homes Silver Springs-2 Sun Peak-1 Thaynes Canyon-1 Trailside-1 Upper Deer Valley-1 Summit Park-1 Old Ranch Road-1 Pinebrook-2 Chatham [...]
4 Steps to Make Your Home Stand Out from the Competition
Your home must win the price war AND the beauty contest if you want to sell it for top dollar. Time and money invested before your home goes on the market will save you time and money once your home is listed. Your home has to look good from the outside as well as the [...]
Even the Laundry Room Goes Upscale
The fact is, in a luxury estate, no area is overlooked, no room gets short shrift. “Every room of the house is gorgeous, and laundry rooms are simply the next logical extension,” says Sandra Espinet, an interior designer and HGTV personality. Espinet works with an international clientele from her offices in San Jose Del Cabo, [...]
Free E-Book
Shoot me an email with “e-book” in the subject and I will send you this Keller Williams Realty e-book free of charge. It has some timeless information about buying real estate in general and some interesting information you don’t see anywhere else.
Park City Market Update-Under $500k Wins the Day
Recent single family home sales are as follows: July, 2011-75 August, 2011-67 September, 2011 [through 9/22]-37 This type of slow down in sales is typical for the season. People like to get settled in before the start of the school year. Nevertheless, we are still averaging 1-2 home sales/day and will probably sell 50 by [...]
Salt Lake City (aka: The Silicon Slopes) Great for Park City Real Estate!
http://money.cnn.com/magazines/fortune/global500/2011/hottest_cities/ CNN Money loves Salt Lake City. And why wouldn’t they? In the article, Salt Lake City – One of the World’s 15 “Hottest Cities for Business,” they cited the University of Utah as leading the nation’s universities in creating start-up companies, and the Brookings Institution report claimed that Salt Lake City’s workforce is the most [...]
