Real Estate Information and News

Found 91 blog entries about Real Estate Information and News.

Summit and Wasatch counties are destination locations among golfers, and the number of vacant land and single family home sales in our golf communities gives strong evidence of this trend. With over 300 sales in the past twelve months in Glenwild, Promontory, Hideout, Tuhaye, Red Ledges, and Victory Ranch, buyer demand remains strong and will likely continue, especially during the summer months. With a wide array of price points, new build options, and ample community amenities, it's no wonder that many second home buyers are investing in these neighborhoods.

With courses now open, make the most of our local golf opportunities and explore your living options in these highly sought after micro-market areas. Reach out for more information on our

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Overview

According to the Park City Board of Realtors: The number of closed sales for the first quarter of 2017 in Summit and Wasatch Counties was the highest we’ve seen since 2007 – up 20% over 2016. Q1 also saw the highest number of pended sales on record. Additionally, there was a 26% increase over the previous year in total dollar volume. Growth continued to morph, and expand, encompassing outlying communities in the Wasatch Back as the entire market area was pushed to new peak levels.

Single Family Home Market

Micro-markets developed and shifted as low inventory affected the activity in certain neighborhoods. The median price surged upward where the supply was limited, and conversely, the number of sales surged upward where a

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According to first quarter statistics, the Summit and Wasatch County markets remain varied and complex to read, but stable in terms of positive growth. In Park City limits, when compared with last year's first quarter, there has been only a 1% change in average single family home price, suggesting an overall stabilization of the market in town. However, in key development areas like Canyons Village, there was a doubling in the number sales and a 22% increase in average price, suggesting pockets of intense growth where there is new inventory. Similarly, gated golf communities remain popular, and Red Ledges, Glenwild, Tuhaye, and Promontory all saw an increase in the number of sales and in average price. 

New condominium projects continue to boast

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A HEARTFELT THANKS TO OUR CLIENTS

Berkshire Hathaway HomeServices Utah Properties received numerous brokerage, office, team, and individual awards at the annual Sales Convention in Phoenix, Arizona on March 14th, 2017. Utah Properties was celebrated as the 12th highest performing brokerage while the Park City Office the 3rd highest sales office was in the network. “Our Berkshire Hathaway professionals are true industry leaders.” said Owner and CEO, Steve Roney. “This year’s convention and honors confirm the caliber and accomplishment of our entire Utah team. I look forward to continuing to excel as a brokerage in support of our diverse client base.” 

Thank you. At the end of the day, our clients are the motivation and backbone

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BERKSHIRE HATHAWAY HOMESERVICES UTAH PROPERTIES NAMED 12TH HIGHEST PREFORMING BROKERAGE, PARK CITY OFFICE NAMED #3 HIGHEST SALES OFFICE, AMONG OTHER TEAM AND INDIVIDUAL AWARDS

SALT LAKE CITY, UT – MARCH 20TH 2017 – Berkshire Hathaway HomeServices Utah Properties received numerous brokerage, office, team, and individual awards at the annual Sales Convention in Phoenix, Arizona on March 14th, 2017. Utah Properties was celebrated as the 12th highest performing brokerage while the Park City Office the 3rd highest sales office was in the network. Notable team and individual awards included Chin MacQuoid Fleming Harris as the 8th highest producing team, Carol Agle the #8 Agent, and Jan Wilking the #1 Commercial Agent in the network. Additionally, both the

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An Overview:

Below is a current overview of the market and the trends we expect to see in real estate this year. Reach out for more in-depth information on your neighborhood. 

WE ARE IN THE BEST STATE FOR BUSINESS

The perennial winner of Forbes' annual Best State for Business award, Utah remains competitively positioned to support continued real estate growth. With an abundance of technology, health care, and creative businesses planting roots in Utah, our state unemployment rate is among the lowest in the country at just 4%. Due to the state's unprecedented economic evolution, real estate sales are likely to remain robust in northern Utah.

JOB GROWTH MEANS HOUSING GROWTH

Utah’s job growth rate is 3 to 4 times higher than the

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Buying a home can feel overwhelming. We get it—it’s your first time going through the experience. Here are our basic tips:

Get guidance. Buying your first house can be an intimidating process. It’s one of the biggest decisions you’ll ever make and involves several factors that are out of your control: market conditions, mortgage rates, inventory levels, and more. Having a professional who commands an in depth understanding of these factors and who works as your advocate facilitates the experience.

Be clear and realistic in your search for a new home. In most areas, price range, home type, and location differ widely. It’s important to have a clearly established budget based on your ability to qualify for a loan and make monthly payments. Once you

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Are you taking your home maintenance seriously enough? With winter coming, it is especially important that you prepare your home for the upcoming winter. While we’re the first to say homeowner maintenance guides can be overwhelming (no, I am not going to seal my driveway 3x a year-whoever does that deserves an award from Home Depot), there are a few basic precautions every owner should take before cozying up to a fire and busting out the long Russian novels.

  1.        Clean the gutters. After raking the leaves on your lawn (and allowing the kidlets a few leaf-pile cannonballs), be sure to clear them from your gutters and roofing drainage systems. Clean gutters prevent roof leaks and ice damage in December. Dealing with leaks is always a pain,
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Did you know that according to MarketWatch, it’s cheaper to buy a home than rent an apartment in 98 of 100 metro areas? This is also true for Salt Lake--your average one-bedroom apartment is cheaper to buy than to rent. In fact, it’s currently 43% cheaper to buy right now! Given that economic reality, it makes little to no sense to give away your money to landlord as opposed to getting your own place and building equity.

While taking out a loan and putting together a down payment can be scary, it’s important to note that there are many first time buyer options out there that can decrease the amount you have to put down and make competitive APR offers, meaning a lower monthly mortgage than you might think. Further, Millennials have proven to

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The convergence of Utah’s lauded business climate and tech business ecosystem, have brought a new energy to Utah beyond its world-famous tourist attractions such as its five national parks and world class ski resorts.

UTAH’S ACCOLADES

#1 BEST STATE FOR BUSINESS (Forbes Magazine, 6x winner)

#1 PRO BUSINESS STATE (Fortune Magazine)

#1 TOP STATE FOR BUSINESS (Forbes Magazine, 3x winner)

#1 STATE FOR SMALL BUSINESS (Pew Center for Research)

#1 BEST BUSINESS CLIMATE (WSJ)

#1 TECH CONCENTRATION & DYNAMISM (Wired Magazine)

With this foundation of pro-business support from state leadership, Utah has attracted some of the leading companies in the world including: Delta, eBay, Skullcandy, Goldman Sachs, Adobe, American Express, Boeing,

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