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Deer Valley® Real Estate Tip Of The Week: Housing Forecast - Buy Now

By Delia Reece
Nov 25, 2014

Now is a good time to look for a home.

The holidays are upon us and good tidings and family gatherings lie before us. Here in Utah, we are coming into the time of the year when our mountains are blanketed by our legendary snow and visitors from around the world come to enjoy. It is also a good time to buy a home...Prices and mortgage rate trends all indicate that there is no benefit to waiting. Here are some reasons why you should think about upgrading your roost now:

Prices are going up...and only up.

According to the latest Home Price Expectation Survey poll, home values are going to appreciate between 11.2% (most conservative estimation) and 27.8% (most idealistic estimation). The market bottomed out over a year ago and will continue to rise. As home values are sure to continue increasing, there is no reason to postpone a home purchase and several reasons to purchase now.

Mortgage Interest Rates are on the Rise

The Mortgage Bankers Association has predicted that, "the average rate on a 30-year, fixed rate mortgage will rise slowly to 5.1 percent by the end of 2015 -- a full percentage point higher than where it is currently." While mortgage rates are projected rise in the very near future, they are very soft at present, meaning...now is better than later for financing a home purchase.

Utah is on the Rise

Utah's economy is booming. We crunch the numbers. We are confident in saying--Utah is one of the most attractive places to purchase investment real estate. The state was, for the fourth time, named "The Best State for Business" by Forbes Magazine. With our low unemployment rate, exploding tech industry, and strong pro-business regulations, major companies like eBay, Adobe, Oracle, Goldman Sachs, etc... and skilled employees have been flocking to northern Utah. Utah's robust economy makes any piece of property in our state an investment property.

deer valley home

Park City Weekend Events Nov. 21-23

By diana
Nov 21, 2014

This Saturday the 22nd,  Park City Mountain Resort will be opening with 3 lifts and 6 ski runs, go Saturday for the always fun opening day! Here are the other fun things happening this weekend in Park City, Utah:

shrek the muscial“Shrek the Musical” – The Ziegfeld Theatre Company will present “Shrek the Musical” at the Egyptian Theatre on Main Street all this weekend and next weekend. Show-times are Friday and Saturday night at 8pm and Sunday at 6pm, and a Saturday matinee at 4pm. Tickets range from $35 to $60 for adults and $29 to $40 for children ages 12 and younger

Park City Film Series – This week The Park City Film Series will present Craig Johnson’s, “The Skeleton Twins,” at the Prospector located at 2175 Sidewinder Dr. Kristen Wig and Bill Hader star in this comedy/drama about estranged twins dealing with the quest for love. Showings are Friday and Saturday at 8pm and Sunday at 6pm. Tickets are $8 for general admission and $7 for students and seniors.

County Library Book Sale – The Friends of the Summit County Library will host the annual half-price Scholastic book sale at the Kimball Junction Branch. The book sale will run from 10am-8pm Saturday and 12pm-5pm on Sunday, this event is free and open to the public.

Have a wonderful weekend!

Park City Real Estate Best Buy Of The Week: Juniper Landing

By diana
Nov 20, 2014

Juniper Landing is a towhome community located on the new Canyons Resort Golf Course and just steps from the Frostwood Gondola.  The second phase of Juniper Landing was just recently released along with a more contemporary feel, 2 car garages, and expanded amenities including a Jr. Olympic size pool with heated patio, hot tub, firepit, and fitness center.

This 2nd phase of  Juniper Landing offers 2,3, and 4 bedrooms, a choice of warm or cool color palette, top of the line flooring, counter tops and appliances.  Each townhome will have large outdoor decks and lots of glass to bring the outdoors in.  Plus, scenic views of the mountains and steps to the Gondola that takes you to skiing an the Canyons Resort, these new townhomes can't be beat for price and quality.

Get in now before prices start to go up, this is a great opportunity to own a top quality Park City townhome for a great price!  Give us a call at 435-901-3064 for more information.

Click the link below to find out more about Juniper Landing located here in Park City, Utah:

http://deervalleyspecialist.com/juniper-landing

Juniper Landing new

 

Ways To Celebrate The Season Of Giving

By diana
Nov 19, 2014

turkey drive park city

Help families around Utah celebrate the holidays. 

November is the month of giving. BHHS Utah feels strongly that the holidays are an especially important time for community giving. We urge you to use this season to participate in two local drives that assist our underserved neighbors.

Support the 13th Annual Park City Turkey Drive.

One in seven people in Utah go to bed hungry. The Turkey Drive is committed to ensuring these individuals are able to celebrate Thanksgiving. Every year the need to help families increases. To date, the Park City Turkey Drive has provided turkey dinner to over 125,000 people and has donated 10,000 pounds of non-perishable food to our local pantry.

This year's goal is 2,000 turkeys, which will provide dinner to 12,000 people. This event is sponsored in part by the Park City Board of Realtors Philanthropic Foundation. Come see us and contribute a turkey at the Market Park City on November 20-21 from 10am-5pm. 

To donate online, click here

Support "Shop with a Cop"

Sometimes Santa needs a little help from those of us who care about the children in our community. That is why the local Fraternal Order of Police (FOP) Lodge continues to sponsor the Shop With a Cop program each December. It is a way for us to help make the holidays a little brighter for children in need. The success of the program has always been dependent on the good will and participation of local citizens and businesses, and we need financial donations to make this event possible. The Park City FOP Lodge is a non-profit organization and 100% of your donation will go to the kids.

On Saturday, December 6th 2014, the Shop With a Cop program will match area children with local law enforcement officers for a holiday breakfast at the Best Western Landmark Inn at Kimball Junction. The Officers and children will then drive with lights and sirens from the hotel through the area to Wal-Mart, where each child and officer will shop for holiday gifts. The smiles on the children's faces are all the thanks that anyone might need!

We hope that you will help us with this effort by making a monetary donation to the FOP and the Shop With a Cop program. Checks should be made out to FOP Park City Lodge #3 and sent to Park City Lodge #3, PO Box 681317, Park City, UT 84068.

Brighton Is First Utah Ski Resort To Open!

By diana
Nov 18, 2014

Brighton Ski Resort opened today much to the delight of skier and snowboarders looking to get on the slopes.  They are even offering $37 ski lift tickets today!  Here in Park City, Park City Mountain Resort is slated to open Nov. 22nd, Canyons Nov. 28th, and Deer Valley Resort on Dec. 6th.

So, get those skis and boards tuned and ready to go!  See more info on the rest of the Utah ski resorts openings below:

http://fox13now.com/2014/11/18/brighton-ski-resort-opens-for-2014-2015-season/

Brighton ski resort

Deer Valley® Specialist Real Estate Tip Of The Week: Is It Worth It To Refinance?

By Delia Reece
Nov 17, 2014

If you are considering refinancing your Park City home or condo, it is important to weigh some factors to see if it is worth it.  Here are 5 tips that can help you decide what to do:

http://www.sltrib.com/home/1750219-155/loan-refinancing-mortgage-costs-rate-interest

1389413_Great-Room_800x600 Beautiful Deer Valley Home

New Old Town Development: Echo Spur

By diana
Nov 13, 2014

A new Old Town Development is getting some national attention due to the location in town, modern architecture, and eco-friendly green building.  Echo Spur will be within walking distance to Main Street and will have a mountain modern feel, along with being 80% more energy efficient than the typical home.

Prices range from $2.7M-$3.5M and construction is currently underway.  Please give us a call at 435-901-3064 to learn more about this new development in Park City, it is truly unique offering especially in the popular Old Town area.

Click the link below to see more about Echo Spur:

http://ski.curbed.com/archives/2014/11/new-old-town-development-in-park-city-aims-for-green.php

Echo spur Rendering of the Eco-Friendly Echo Spur in Park City, Utah

Big Drop In At Olympic Sports Park

By diana
Nov 12, 2014

The Olympic Sports Park in Park City is considering creating a new and exciting ride for the entire family. However; as you will see in the video, only one person at a time will be able to enjoy this new ride.

Check it out and tell us what you think!

Park Meadows Country Club Expands Membership Options

By diana
Nov 11, 2014

In the past to become a member at the Park Meadows Country Club you had to pay a sizable initiation fee, but now they have opened up an option to change that.  Last year the fee to join was $38,000, but now you can purchase a membership from current members looking to unload their memberships.  Since being implemented in October members have been transferring their memberships from about $6,000 to $10,000.

Price is determined by what current members are willing to transfer for and what incoming members are willing to pay.  The application and membership requirements t remain the same, but the initiation fees are lower then they have ever been, making it a great time to look to join.

Currently there are about 250 active members but the club would like to have 300 or more.  Many people have already expressed interest in the new program, so this option will hopefully bring some new members as well as give current members looking to resign their membership a much easier way out.

park meadows country club Park Meadows Country Club in Park City, Utah

 

 

Deer Valley® Real Estate Tip Of The Week: How To Winterize Your Home

By Delia Reece
Nov 10, 2014

Winter has arrived, are you prepared?  It is especially important in the Park City area to winterize your home due to the large amounts of snow we get every year.  See five ways below to make sure you ready and not sorry once winter is over:

http://realtytimes.com/consumeradvice/homeownersadvice1/item/31467-20141106-home-winterization-five-ways-to-keep-out-the-cold

winterize your utah home

 

 
 
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