WELLS FARGO WEIGHS IN ON PARK CITY REAL ESTATE
According to Rick Klein at Wells Fargo, Park City, UT. …….
– Year to Date Closed Sales are up 6.5% from the same time last year.
– Supply is declining with the lowest absorption rate since April 2007.
– Distressed Sales have declined 18% from the last quarter.
– Prices are stabilizing with appreciation on the horizon.
If you’d like more detail, check out the following 3rd qt graphs or just call Rick at 435-647-9055.
CHRISTIE’S INTERNATIONAL PRESENTS…..
Featured in the holiday issue of Christies International Magazine is a very special offering in Deer Valley’s private gated community of Red Cloud. Situated on 1.2 high alpine acres this artful design offers magnificent mountain vistas and direct ski in and ski out access on the Deer Valley Resort Bandana Ski Run. Call us for additional details or visit www.8rubyhollow.com.
NEW FOR 2012/2013 SKI SEASON
Deer Valley – $8M in improvements from new corduroy grooming machines, revamped website, and much much more. Here is a link: http://press.deervalley.com/media_blast_html/2012Improvements.html
Canyons – Spiffing up the entry and laying in the foundation for their new 18 hole public/private golf course, the Canyons has also focused on sumptuous new dinning venues. More vibrant, more dynamic, the Canyons is ready for 2012/2013 ski season. For more info visit www.canyonsresort.com
Park City Mountain Resort – Welcomes Neff Headwear on staff to create the resort’s newest terrain park: Neff Land, in addition to their already top-ranked parks & pipe terrain. Scheduled to open November 17th: For more information visit: http://www.parkcitymountain.com
BEST LODGING RENTAL
Located just steps to Park City Mountain Resort’s ski runs Jeff and Debbie Brabender have artfully remodeled one of Old Towns finest homes. Previously a Bed & Breakfast and now available for weekly rentals “Quittin Time” is found on www.VacationRentalsByOwners.com. VRBO #385121.
YOU KNOW YOU ARE A LOCAL WHEN…..
1. You can’t remember the new name for “The Alamo”.
2. Your bike tires are studded to go in the snow.
3. You’re puzzled about what time the four o’clock lift closes this winter.
4. Pine Cone Ridge is your favorite new hiking trail.
Speaking of Pine Cone Ridge …. The first person who responds with the correct hiking directions from the Silver Star Café to Pinecone Ridge wins a Deer Valley Day Pass. Please submit your answers to Tominpc@comcast.net.