WELLS FARGO’S RICK KLEIN WEIGHS IN ON THE MARKET
Rick Klein, Park City’s preeminent real estate statistical guru, compares the 2011 Park City real estate market to 2012. According to Rick …
1. Real estate demand is strong with closed sales in 2012 up 10.7% from 2011.
2. The supply is down with the lowest inventory for sale since we began keeping record in 2007.
3. Distressed sales are declining with notices of default down 34% in 2012 from 2011.
4. Prices are reflecting appreciation in some areas with the median 2012 sales price in 4.1% higher than 2011.
Rates are great and Rick can be found in The Reid Building at 801-558-5626
CHRISTIE’S INTERNATIONAL REAL ESTATE
Telluride Real Estate Corporation, our affiliate on the other side of the mountains, reports the sale of Two Trails Lodge for $9.5M. Two Trails Lodge is the ultimate ski-in/ski-out retreat, located at the confluence of two ski trails, Sundance and Teddy’s Way, commanding unparalleled views of the San Sophia Ridge and Read more
WEEKEND FOREPLAY aka STUFF WE’D LIKE TO DO…
Kimball Art Center – Check out ‘The Art of the Brick’ Feb 9th to April 21st, 435-649-8882 or http://www.kimballartcenter.org/
Snow shoe in the park at Swanner Eco Center. Offered twice a week in the mornings. We like Saturdays. Call or visit 435-252-3583 or http://www.swannerecocenter.org/for more information.
Elvin Bishop (The Fooled Around & Fell in Love guy) is at The Eccles
Center next week on February 22nd and 23rd. 435-655-3114 or http://www.ecclescenter.org/
Friday Night Jib Fights? We haven’t a clue, or jib, but it’s at Park City Mountain Resort for skiers and boarders. Check it out at 435-649-8111 or www.parkcitymountain.com
The ever fun Gallery Stroll is February 22nd from 6 to 9 pm. http://www.parkcitygalleryassociation.com/
FREE GOLF MEMBERSHIP
Promontory’s winter initiative provides a fully sponsored membership to the Promontory Golf Club with the purchase of one of 30 select home sites. Pricing begins in the low $300,000’s and the promotion ends on April 30, 2013. Call 435-640-1400 for additional info.
BEST BUY ONLY MINUTES TO DEER VALLEYS JORDANELLE GONDOLA
Imagine an 8,000 acre mountain home community with sensational reservoir views, cottage homes and condos available for sale from $369,000 to $450,000. River View offers “top drawer finishes”, decor by Alder & Tweed and just minutes skiing. There is only one remaining condo in phase one with the second phase well under way. Check out River View by visiting http://riverviewut.com/