Condos for Sale at Stein Eriksen Lodge in Deer Valley Utah

Get to know one of the most sought after properties in all of Deer Valley - the world renowned Stein Eriksen Lodge!

As in previous years, the Stein Eriksen Lodge was one of only two hotels in the state to receive the AAA Five Diamond Rating. The rating, one of the highest designations in the industry, has been awarded to the hotel since 2001, predating the second property to receive the accolade, the Grand American Hotel which received the designation for the first time in 2004. Read more about Steins Decade of Five Diamond recognition.

The Stein Eriksen Lodge, located in Upper Deer Valley’s Silver Lake Village, is Utah’s only Forbe’s Five Star, AAA Five Diamond hotel. Guests enjoy ski-in/ski-out access to Deer Valley Resort, Four-Star dining,…

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Mortgage Rates are at Historic Lows. Housing Prices may be on the Way Up.

Utah Homes for Sale are More Affordable than Ever!

Did you know buying a home for sale in Utah today is more affordable than any time in the last two decades? Homes are actually at a record level of affordability thanks to lower sale prices and historically low mortgage rates. If you’ve been putting off buying a home of your own, now is the time to do it!

2013 is the Year of Home Affordability for Park City

According to the NAHB/Wells Fargo Housing Opportunity Index, nearly 76% of homes sold during the end of 2011 could have been comfortably affordable for households making the national median income of $64,200. This is the highest recorded home affordability in 20 years. What does this mean for you? Chances are good that you can easily…

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Park City Real Estate - End of Year Statistics Report for 2012

PRESS RELEASE

FOR IMMEDIATE RELEASE:
January 15th, 2013

Park City, Utah -- The year-end 2012 statistical report released by the Park City Board of REALTORS® indicates an increase in the number of sales and total dollar volume, with inventory the lowest it has been in over six years. It also shows a slight gain in median prices compared to 2011. The total volume of real estate sold for the entire market area (Summit and Wasatch Counties) reached $1,240,542,783 in 2012 -- a 15% increase over 2011.

Number of Sales of Real Estate in Park City

The number of sales continued to climb in 2012 with a nine percent increase over 2011 in all property types combined, reaching 1,817 total transactions. This is up 61% over the low point in 2009. The number of…

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A Compelling Time to Buy Real Estate in Park City Utah

The Stars Have Aligned! Now, more than ever, is a compelling time to buy real estate in Park City. We are in the midst of a very favorable real estate market for buyers, so why wait further? We currently enjoy extremely low mortgage rates, the distressed properties are going away, sales activity is up, property inventory is declining, and pricing has remained low, although has started to bump up in some areas of Park City.

We are entering a turning point... The market is about to change.

Mortgage Interest Rates Remain Crazy Low
Today's rates for borrowers are simply put, "crazy low!". Not just low, but yes, crazy low. When can you ever remember mortgage loan rates under 4%. Never, except this last year. And how much longer do you think that will last?…

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Real Estate Market Update for The Colony at White Pine Canyon

The Canyons Ski Resort in Park City, Utah is home to The Colony at White Pine Canyon, commonly referred to as "The Colony". There simply is nothing like The Colony anywhere. This is a private, gated community with numerous luxury ski homes. What makes it so unique here is that instead of packing in as many homes as possible in a small dense area, The Colony boasts having large and expansive estate lots that border numerous ski runs at The Canyons Resort. The lots can average at about 7 acres in size, with a mix of beautiful aspen and pine trees providing a quiet secluded setting. Many of the homesites also enjoy inspirational views of nearby mountain peaks. Each homesite can have up to three structures including a main home, a guest home, and a barn.…

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Park City Real Estate Market Update - Looking at Deer Crest Ski Homes for Sale

Deer Crest in Deer Valley Utah is one of the premier locations for luxury ski-in, ski-out homes in Deer Vally and Park City, Utah. Aside from their architectural beauty and direct ski access these homes boast some of the absolute best views in all of Deer Valley. The Deer Crest neigborhood is a private gated community, near the lower resort area of Deer Valley Resort. Wthin the gates of Deer Crest is home to some stunning ski homes serviced by the Deer Valley Jordanelle Gondola. You can access Deer Crest from either the town of Park City, or if you are coming up from the airport, you can enter Deer Crest just off of highway 40 near the Jordanelle Reservoir. Homes in Deer Crest have views of the Jordanelle Reservoir, and the distant Uinta Mountains to the…

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Park City Real Estate Market Update - Looking at Old Town Homes for Sale

Old Town is one of the most popular choices for out-of-state buyers looking to purchase property in Park City and Deer Valley, Utah. Historic Main Street is the hub of recreation for both visitors and residents in Park City. Walk up and down this eclectic and historic street and you will find many retail and clothing stores, art galleries, real estate offices, coffee shops, casual and fine dining, and bars and private clubs (a Utah thing) offering a vibrant and energetic atmosphere not typically associated with the state of Utah (Utah gets made fun of quite often on TV!). This is the heart of the community, and therefore is one of the most sought after locations to live and own property.

Photo of Park City's Old Town and Park City Mountain Resort

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Three Ski Resorts in SKI Magazine's Top Ten

AMAZING NEWS! Park City Utah is blessed with the fact that we now have three ski resorts in SKI Magazine's Top Ten Resorts list.

Photo of Deer Valley Ski Resort

Every year SKI Magazine polls its readers to find out the best of the best in North America's ski resorts. From snow quality, to grooming to dining, from access to lodging and everything in between, the readers of SKI Magazine rate their top picks for each category. This is always a very anticipated issue of SKI Magazine, and largely drives the decisions of upcoming winter ski season visitors. You can bet that the top resorts benefit largely due to the additional exposure. And for the owners of vacation real estate properties in those towns and resorts, the positive exposure is great for…

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Park City Board of REALTORS® 2012 3rd Quarter Statistics Report

PRESS RELEASE - October 10, 2012. The release of the statistics for the 3rd Quarter of 2012 real estate numbers have been highly anticipated as we all seem to agree that the overall real estate market in Park City and Deer Valley has been moving along quite well, but wondering if pricing has gone up or down? Has the inventory shrunk as much as we think it has? And where might we be headed? If you are a buyer today, what will you see in the marketplace?

In reviewing the large amount of statistics for the 3rd Quarter of 2012 we have noticed a decline in inventory, largely due to the increase of sales. In fact, when looking at the Greater Park City area, pended sales were slow to start in January but then have been quite high from February on to…

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Mountain Biking Conditions are Ideal!

September is probably the best month for mountain biking in Park City. As the start of the fall season, September is usually still warm, but no longer hot as in July or August. We often get a little rain to pack down the dusty trails and it gives the dirt have just the right amount of moisture for that perfect tacky texture. Also this time of year you'll see the colors starting to change and some beautiful pop of bright reds and oranges against a still very green backdrop. The days wil typically get up to about 80, and commonly will stay in the 70's. At night however, it does get cool, often down in to the 40's and 50's. October can be a mixed bag of weather, very nice or starting to snow, so September is really the best time to come out. Many of us have…

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