January 2015

Found 4 blog entries for January 2015.

Home Buying 6A key factor in the housing market recovery is returning to the national market en masse, much to the elation of housing market analysts.

According to a recent Bloomberg article, more and more first-time home buyers are entering the market because they feel more confident about the economic recovery.

Faster economic growth and a labor market that’s approaching “full employment” (according to the Federal Reserve) are aiding in that rise in confidence among first-time home buyers.

Even if you’re not a first-time home buyer, this news is sure to benefit anyone who is navigating the national housing market right now.

Fannie Mae Economist Makes Positive Predictions for 2015

Douglas Duncan, a chief economist at Fannie Mae in Washington, made the

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Check Out Our Market Update!

View Kathy Vallee's Market Videos

For up-to-date information on the Park City real estate market, we will provide monthly updates filled with pertinent statistics. In order to make the decision about whether or not to buy right now, these market snapshots are what you need to fill in the blanks.

Breaking It Down: December 2014

  • The number of active listings in Park City decreased by 18% over the past year at this time, but increased by 0% from July of this year, signifying a decline in inventory and more challenging for you as a buyer.
  • The median listing price this past December was just under $2.4 million whereas the median sales price remained at $727,000.
  • The average number of days a property
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New Nordic Skiing at Jeremy Ranch in Park City Nordic Ski

“Last year we kind of started a little bit of track and this year it's taken on a whole new level," says head golf pro, Jake Hanley, of Jeremy Ranch in Park City. "We've been open since Saturday, December 27, and it's been great." In the past, the old Nordic ski tracks at the Jeremy presented challenging hills and hard, advanced terrain. Now, newly designed tracks are available for skiers of all abilities, with 12 kilometers of groomed skate and classic track. "There's a little bit of everything," Hanley said. "We've got 9K along the East Canyon Creek that's relatively more beginner skier level. There are some hills that would be more advanced, but overall the terrain is very average difficulty. It's not

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Home RelocationHappy New Year! We hope you and your loved ones enjoyed a wonderful New Year’s Eve and that you’re as excited and hopeful about 2015 as we are!

And if you’re a prospective home seller, a recent report from the National Association of Realtors suggests that there’s a good chance you can get a great price on your home right now.

According to the recent report, US home sales recently hit a six month low, with inventory at a low point too.

While this may seem discouraging at first blush, this actually suggests that those homes that are being sold on the market are being met with increased demand. After all, home buyers have a smaller selection of available homes to choose from than in recent months.

The key to sealing the deal on your home for

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