Blog

My subject matter is largely made up of questions I am asked by clients and other individuals considering Park City as a place to own or to visit. Most of the questions I am asked pertain to our Old Town and Deer Valley real estate, but I welcome any questions relating to the Park City market or any real estate topic. I will address every question honestly and answer to the best of our ability. I respect our competition but I don’t shy away from discussing differences in product and services when asked. In addition to answering your questions, we enjoy sharing stories of our clients successes, open houses and Ski and community events of significance.

 

In Spite of Low Inventory, Wasatch Front Home Sales are Up

By Berkshire Hathaway HomeServices Utah Properties - Wasatch Front
Mar 04, 2016

While inventory along the Wasatch Front is down... way down, sales are up across all Wasatch Front counties.

Taking a look at Salt Lake County in January of this year, inventory is at 2430 homes across the county. That is down 30.20% from January 2015, yet sales are up 12.89% in the same comparison. In Weber County inventory is down 31.82% in January but sales are up 10.19% and pending sales are up 16.35%. Utah County had similar results in the same period comparison; 12.63% increased sales with 26.44% less inventory. What is amazing is Davis County has a 12.50% increase in sales over January 2015 in the face of a 41.38% drop in inventory!

Berkshire Hathaway HomeServices Utah Properties is doing well along the Wasatch Front. In 2016 to date, Salt Lake Countty has 12.03% Market Share. Century 21 Everest Realty Group is in distant 2nd place with 9.99% Market Share. BHHS agents are listing homes at a higher average price than anyone in our market and closing sales at 98.01% of asking price.

So far, 2016 is shaping up to be a great year for real estate. Median home prices are up across the Wasatch Front and are likely to continue up into the spring. The shortage of home listings is a concern and needs to be addressed as we move into the warmer sales months. For those considering selling, now is the perfect time to capitalize on your investment. There are plenty of buyers and interest rates have dropped in 2016 instead of rising as predicted at the end of 2015.

BHHS Utah Listings Now on Wall Street Journal

By Berkshire Hathaway HomeServices Utah Properties
Feb 11, 2015

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All BHHS Utah are now featured on the Wall Street Journal. 

As part of a new partnership between Berkshire Hathaway HomeServices and Wall Street Journal, all of our firm listings now appear in the Wall Street Journal's online Real Estate search section. Search under Utah to view all relevant listings.

We are thrilled with the robust marketing efforts championed by Berkshire Hathaway HomeServices. As one of the most respected brands in the world, BHHS has the gravitas and powerhouse network to ensure every BHHS client benefits from utilizing our services.

As more and more consumers move their property searches online, you can be sure that as a BHHS client your listing is given every advantage in the digital sphere.WSJ Screen shot

The Wall Street Journal is a perfect match for the Berkshire Hathaway HomeServices brand. Accordingly, the brand has negotiated for affiliates to capitalize on all that the Journal has to offer. “We are excited to roll out this program,” said HSF Affiliates VP of Marketing Kerry Donovan. “From online, to print, to listing syndication, The Wall Street Journal reaches the affluent market we target through our brand.”  

In addition to being among the digital listing feed, BHHS has secured long term advertising for the brand in both the print and online edition of WSJ.

Housing Forecast-Buy Now

By Berkshire Hathaway HomeServices Utah Properties
Nov 24, 2014

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Now is a good time to look for a home.

The holidays are upon us and good tidings and family gatherings lie before us. Here in Utah, we are coming into the time of the year when our mountains are blanketed by our legendary snow and visitors from around the world come to enjoy. It is also a good time to buy a home...Prices and mortgage rate trends all indicate that there is no benefit to waiting. Here are some reasons why you should think about upgrading your roost now:

Prices are going up...and only up.

According to the latest Home Price Expectation Survey poll, home values are going to appreciate between 11.2% (most conservative estimation) and 27.8% (most idealistic estimation). The market bottomed out over a year ago and will continue to rise. As home values are sure to continue increasing, there is no reason to postpone a home purchase and several reasons to purchase now.

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Mortgage Interest Rates are on the Rise

The Mortgage Bankers Association has predicted that, "the average rate on a 30-year, fixed rate mortgage will rise slowly to 5.1 percent by the end of 2015 -- a full percentage point higher than where it is currently." While mortgage rates are projected rise in the very near future, they are very soft at present, meaning...now is better than later for financing a home purchase.

Utah is on the Rise

Utah's economy is booming. We crunch the numbers. We are confident in saying--Utah is one of the most attractive places to purchase investment real estate. The state was, for the fourth time, named "The Best State for Business" by Forbes Magazine. With our low unemployment rate, exploding tech industry, and strong pro-business regulations, major companies like eBay, Adobe, Oracle, Goldman Sachs, etc... and skilled employees have been flocking to northern Utah. Utah's robust economy makes any piece of property in our state an investment property.

Outfitting Your Home in Utah

By Berkshire Hathaway HomeServices Utah Properties
Oct 20, 2014

So you have your dream home, now you need to outfit it. Here are our top picks for furniture and decoration stores in northern Utah. From established stores carrying the best in luxury lines to colorful boutiques boasting an assortment of unique treasures, here’s a short and sweet list of where to go to make your home truly yours.

CJ Sparks For rugs and tactile global-inspired accents, CJ Sparks is a great haunting ground.  Every home should have a personality--this boutique will help you find pieces to articulate yours.

Now & Again offers colorful vintage quirk (of the artistic, rather than the rubbish variety) and coveted bargain mid-century furniture. Whether you’re looking for a rustic wood mirror or clean line Swedish platform bed, this cute shop is a good place to start.

Elemente for modern-leaning vintage furniture like Danish oak dining tables and stylish mid-century chairs, Elemente is a gem of a treasure house. We’re always in the hunt for affordable ways of bringing the latest in interior design to our homes…Elemente delivers in a major way.

Urban Vintage Funky. Fun. Urban Vintage is a generation-now antique store with a penchant for find-nowhere-else items that will add flavor and variety to your home. From hip industrial lighting fixtures, to worn maps, linen postcards, unique furniture pieces, and succulent planters, Urban Vintage has your tastes covered.

Right at Home is one of Park City’s treasures. This beloved local shop offers a wide range of antique furniture that includes mountain rustic beds, stunning Asian bureaus, and contemporary glass numbers.

San Francisco Design ranks as one Salt Lake’s most respected high end furniture emporiums. The brand specializes in ultra-modern, predominantly Scandinavian pieces that will bring contemporary to your home. The quality is first rate as is the service.

Madison McCord Interiors will have that one statement opulent piece you’ve been looking for but have been unable to find. From brightly colored velvet upholstered dining room chairs, to luxe covered head boards, items here can’t be found anywhere else.

Ikea : Hate it or love it (most likely a combination of both), Ikea has its time and place, and there is one located in Draper. From those Swedish meatballs, to dirt cheap mod beds, and Strandkrypas (pattered table runners) and other goofy Scandinavian tid-bits, well…you know where to go.

August Concerts

By Berkshire Hathaway HomeServices Utah Properties
Jul 29, 2014

 

DVMF_TwitterHeader-3 All blog photos are credited to the Eccles Performing Arts Foundation. Permission for use was given.

 

Utah boasts worldclass venues (and scenery) for outdoor concerts. With five major music festival running parallel to each other and innumerable acts, August is the best month of the year for live music in the state. Here is a comprehensive line-up of this month’s upcoming concerts including our sponsored series, Big Stars Bright Nights at Deer Valley Resort.

Big Stars, Bright Nights Concert Series

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Aug 3 - Muscle Shoals with Lisa Fischer Aug 16 - Five For Fighting

Aug 19 - Trampled by Turtles

Aug 23 - Nashville Café

Aug 30 - Vince Gill with The Time Jumpers

Deer Valley Music Festival

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Aug 1 – Disney in Concert: Tale As Old As Time

Aug 2 - Super Diamond

Aug 6 - Mozart’s Symphony No. 36 Aug 8 - Music from Stage and Screen with the Mormon Tabernacle Choir and Utah Symphony

Aug 9 - The Ben Folds Orchestra Experience with the Utah Symphony

Homestead Resort Concerts

August 2: Duolusions

August 9: Fire on the Mountain

August 16: The B.D. Howes Band

August 23: Lincoln Highway

August 30: Cross Strung

Red Butte Garden Outdoor Concert Series

August 3: John Hiatt & The Combo/ Taj Mahal Trio

August 5: Chris Issac

August 6: John Butler Trio

August 8: Ray LaMontagne

August 10: Trombone Shorty & Orleans Avenue/Galactic

August 12: Michael McDonald & TOTO

August 14: Sheryl Crow

August 19: Portugal. The Man & Grouplove

August 21: David Gray

August 24: Brandi Carlile

August 29: Earth, Wind, and Fire

USANA Amphitheater

August 1: Motley Crue

August 5: Boston and The Doobie Brothers

August 15: 311

August 29: Lynard Skynard with Tesla

August 30: Keith Urban

Open House Saturday, May 23, 12-4

By Trish and Hillary
May 20, 2015

Come and see this stunning horse property with spectacular ski resort views.  Saturday, May 23, from 12-4.1228599

 
 
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