2021 Utah HIghway Patrol Officials

"These are tragic and have involved horrible circumstances. As we finish this travel weekend please watch your speed, buckle up, avoid distractions, and be safe," Utah Highway Patrol Col. Michael Rapich tweeted on Sunday.

SALT LAKE CITY — Officials with Utah Highway Patrol on Monday morning are holding a news conference after six people were killed and several others were injured over the weekend on the state's roads.


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January 2020- 2021 Park City Market Statistics:

We finished 2020 with fewer than half the active listings at the same time in 2019. We can only expect the number of available listing to continue to drop even more before usual seasonal recovery going into Spring. Let's hope we have more properties enter the market soon.

Housing Demand Low mortgage rates have driven buyer demand over the last twelve months. According to Freddie Mac, rates stood at 3.72% at the beginning of 2020. Today, we’re starting 2021 with rates one full percentage point lower than that. Low rates create a great opportunity for homebuyers, which is one reason why demand is expected to remain high throughout the new year. Taking into consideration these projections on housing…

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With Park City Home Values Surging, Is it Still Affordable to Buy Right Now?

 November 2020


Park City Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained:

“Although the headwind of severe supply constraints in most markets has contributed to slight moderation in seasonally-adjusted and year-over-year new pending contract growth for two consecutive months (albeit still growing strongly), the underlying strength of buyer demand, particularly for this time of year, remains apparent.”

Whenever there’s a shortage in the supply of an item that’s…

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Park City Real Estate Market Update November 2020

In Park City and across the country, is the urban exodus away from compact city centers into more suburban, even rural, areas as many find working from home removes the restriction to have home close to work. 

What do Park City agents see coming in the next three to six months?

Multiple offers on many listings are driving prices higher. We are setting new all-time high sales prices in some markets, even when the individual properties are not that special or different. Buyers are driving the market.

  • Buyers coming to Park City from larger and higher priced cities (NYC, San Francisco) are not daunted by PC prices which are often lower than what they are used to.  The report below compares…

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Powder Mountain New Development In Partnership With Summit Sotheby's

Breaking News: Summit Powder Mountain in Eden, Utah

A luxury Ski Resort just 60 miles North Of Salt Lake City has been a local secret ski destination for years, "A Hidden Secret". Summit Powder Mountain, a 10,000-acre ski development in Eden, Utah, has partnered with Summit Sotheby's International Realty to represent the real estate development slated for 2,300 residences. On the plans are a 1,500 hotel rooms, retail and event space boasting the best in adventure, architecture and community at one of the top ski resorts in the country: Powder Mountain. Investors include billionaire Richard Branson and Ken Howery, co-founder of PayPal. Netflix Chief Executive and Co-founder Reed…

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Some Highlights

  • According to CoreLogic, homeowners across the country are gaining significant Equity
  • Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth.
  • If you’re ready to sell your house and begin looking for your dream home, let’s connect to plan how your equity can make that possible.

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This home is a must see as the perfect year-round residence or family get-away for the upcoming holidays and ski season!

From the moment you enter this natural beauty to the time you make it yours, you’ll marvel at the many ways the earth’s natural materials have been introduced in this purely rustic, yet incredibly lavish home! Massive wood beams and posts abound; stunning and shining reclaimed wooden floors everywhere; a tongue-and-groove ceiling, reminiscent of old world artisan craftsmanship; ancient stone nuances, soaring windows throughout that beckon strong natural light as well as the starry, darker hues of night, all work beautifully together to energize, comfort and serve you well! All you have to do is move in to this fully furnished…

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Housing Market Positioned to Bring Back the Economy

Housing Market Positioned to Bring Back the Economy | Kathryn Vallee

In Park City, it has been since March 9, 2020 since the stay-at-home orders and social distancing measures began. As for the United States, it has been 8-12 weeks since the first stay-at-home orders were announced for many states amid the coronavirus pandemic. For several weeks now,  I have had many conversations about the Park City and the real estate market in general. There is apprehension about the future and  "The American economy" and "The world economy".

All eyes look toward the future.


Many states are beginning to reopen, the question becomes "Is The Housing Market Positioned To Bring Back The…

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What The Experts Have To Say About "The Coming Housing Market"

May 14, 2020

Lawrence Yun, NAR’s chief economist, said. “Plenty of buyers also appear ready to take advantage of record-low mortgage rates and the stability that comes with these locked-in monthly payments into future years.”

The National Association of Realtor conducted a survey between May 3 - 4, 2020, asking members in the latest Economic Pulse Flash Survey; how the coronavirus outbreak has impacted the residential and commercial real estate markets. Here are the highlights of the survey:

  • Five percent of Realtors said their clients are shifting neighborhood preferences from urban areas to suburban areas due to COVID-19.
  • About one in eight Realtors – 13% – said buyers…

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