Deer Valley Specialist Blog

We are conducting business, just not business as usual 

Even before concerns of the corona virus hit the market, mortgage rates were down compared to a year ago, creating a more advantageous position for buyers. In the face of COVID-19, the greatest challenge facing the market is still the lack in inventory. Before the virus, the market was already competitive, but with more sellers deciding when to list given the circumstances, the gap is widening. However, as of right now, we are still seeing plenty of market activity.

Here's what we're seeing:

  •         Mortgage Rates Are Near All-Time Lows
  •         Listing inventory is rising but still low

   Considering listing? There are still active buyers (let's talk)

  •         Under
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Many organizations have asked employees to work remotely during the coronavirus outbreak. If you've never worked from home, this can be a challenge.  For those new to remote working, here are some tips on how to make it work. 

Self-Care

  1.   Cut yourself some slack. Working from home can be a big transition. You might feel any combination of lonely, isolated, stressed, frustrated, anxious, unmotivated, or -- on the other hand -- relieved, relaxed, energized, or productive. It's all OK and normal. Any transition takes time to get used to, so try to be easy on yourself.
  2.   Take scheduled breaks. Try setting an alarm to get up and stretch every hour or so. (Standing desks, which at home may mean perching your laptop on top of a bookshelf, also pay
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COVID 19 Impacts Park City - These Restaurants are Open for Curbside Take-out

Our community joins many across the world in a unified effort to reduce the impacts of COVID-19. Summit County Health Deparmtent has determined that the closure of a wide variety of venues is critical to minimize further community spread. As a result, the county has prohibited all dine-in food service. Restaurants are permitted to offer take-out through curbside or drive-thru service.

We will we continue to monitor and support our area restaurants. Currently, the following restaurants will be offering curbside takeout service:

  • 11 Hauz: Open for normal business hours. Place online orders here. (435) 200-8972.
  • Duke’s Park City: Meal drop-off and pick-up options.
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The Provo developer that plans to acquire the Park City Mountain Resort parking lots from Vail Resorts has planned three public open houses during March.  PEG Companies concept for the development will be outlined in the open houses.  Project representatives along with architects, traffic engineers, and contractors will be there on behalf of the developers.  The open houses are as follows:  March 9 from 5:30-7:30pm at Hyatt Place, March 18 5:30-7:30pm at the Rockwell Room (268 Main Street), and March 24 from 5:30-7:30pm at the Hyatt Place.  

 

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The 2020 Deer Valley Music Festival has been announced and that means summer is near!  This will be the seventeenth season of providing chamber music, classical and pops offerings in several venues: Deer Valley Resort's Snow Park Outdoor Amphitheater, St. Mary’s Church; and salon events in private homes in the Park City area.  Some of the artists this year playing with the Utah Symphony are: Ben Folds, Kool & Gang, Beach Boys, and Little River Band.  

Tickets go on sale April 7, 2020 to the general public.  For more information go here: https://deervalleymusicfestival.org/

Deer Valley Concerts

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If you're planning on selling your home or looking for ways to increase its value, here’s something to keep in mind: millennials will represent over 30% of homebuyers in the market this year. If you want to make your home seem more appealing to this constantly connected, tech-savvy generation, making a few tech-upgrades isn’t going to hurt. Here’s a list of some of our ideas:  

Programmable Thermostat
Even though Nest controls this industry, there are other products available that allow homeowners to alter their homes’ temperature from their phones. Not only are these features convenient for those who don’t want to leave the warmth of their couch to turn up the heat, they also could help save on energy bills.

Remote Controlled Shades
Having

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Park City shines in spring and its all yours to soak in during Spring Grüv . Under bluebird skies, you’re invited to feel the beat of concerts on the village stage, join a deck party at Pink Park City, test your creativity at the annual Pond Skimming Competition and so much more. Redefine your spring break at this springtime celebration.  Spring Grüv begins March 6 through April 5!  Go here to see the full list of events held daily, it is such a fun time to be in Park City! 

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Park City Chamber held it's mid-winter update luncheon and the reports on Park City's economy are all positive.  2019 was one of the best years economically for Park City and all of Utah in recent history, much due to the amazing snow for the 2018/2019 ski season. 

For the 2019/2020 season the snow is comparable to last season but December and January lodging numbers are up, and February is looking like it will beat the prior year also.  To see the full article and report on Park City economy go here: https://www.parkrecord.com/news/winter-season-looking-rosy-for-local-economy/

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