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Real Estate Blog

The amount of sales tax collected in Park City in the last half of 2010 was up by 14.2 percent from the same period the year before, City Hall’s Budget Department reports.

The municipal government’s number crunchers are anticipating more than $1 million more in sales taxes will be brought into the General Fund than was projected in the current fiscal year. The General Fund is a key section of the budget that provides money for the day-to-day operations of City Hall,

The Budget Department’s latest projections anticipate the amount of sales taxes collected in the entire fiscal year will be up just more than 21 percent over what had been forecast.

Jed Briggs, a budget analyst at City Hall, said the budget for the 2011 fiscal year, running from

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 wanted to sneak a BLOG in prior to the launch of my new site, which has consumed my writing for the last couple weeks. My next BLOG will come in a weblink format.

It will look like this:

Blog Post: “Scott Maizish’s Park City Real Estate BLOG”

At the bottom of the BLOG are some new features you will enjoy on the new site.

Now, back to Park City Real Estate.

In the past 14 days, 75 properties have sold, and another 76 have gone under contract!

Many multi-million dollar properties in Deer Valley and The Canyons are being snapped up as well as the mid market. The stock market has come back in a big way fueling peoples desire to purchase bargain ski properties, and Park City Real Estate prices are still a bargain.

If you are one of those

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Red Ledges and St. Regis form partnership

Members of Red Ledges and Deer Crest Club to share benefits
Megan Yeiter, Of The Record staff
The Park Record

Red Ledges and St. Regis Deer Valley have partnered to form an exclusive partnership for their members. The idea behind the partnership is to give members at both properties access to year-round sports.
According to Red Ledges COO, Mitchel Burns, “we’ve always been about lifestyle and living within the mountains. From the very beginning we wanted to have an on-mountain experience.” The Red Ledges development is located east of Heber City.

Burns explained that due to the location and hotel amenities of St. Regis, Red Ledges has an opportunity to have a presence on the mountain at Deer

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Also, we have a LOT more snow this year!!!!

I hope you all had a wonderful Thanksgiving.

As written in a recent article in the Park record, According to the National Association of Realtors, 29 percent of real estate nationally in September was paid for with cash. On the West Side of Summit County, 50 percent was. About 35 percent of single-family homes, over 50 percent of condominiums and nearly 80 percent of land sales were paid for with cash in the 3rd quarter.

For perspective, Klein compares that to the same period in 2007. In three years, that’s a 65-percent increase for homes, double for condos and up 150 percent for land.

These cash purchases are usually for distressed properties, which continue to threaten the health of the market,

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Posted by Scott Maizlish on Monday, September 20th, 2010 at 8:56pm.

In the past week, 40 properties have sold and 30 have gone under contract. This is supposed to be the slow time of year for Park City Real Estate, but the numbers reflected in the Park City MLS reflect the exact opposite.

Homes in Glenwild, Park Meadows, Sun Peak, and Old Town are no longer just sitting on the MLS, they are getting sold from within 10% of list price to OVER LIST PRICE.

Low ball offers are just not getting attention anymore, there is too much activity these days.

Click Here for Closed Sales

A lot of big ticket houses have gone under contract this week, multi million dollar homes and ranches in Deer Crest, Ranches at the Preserve, Promontory, Upper Deer

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Where is the Double Dip? I am not seeing it in Park City!!!

In the past 30 days, 131 properties have sold, and 123 properties have gone

under contract. I personally have not been able to BLOG in a while because

business is very good in Park City these days, and I have been showing

properties and writing contracts like crazy.

Here is a list of the properties that have sold in the past 30 days, they

are listed from highest price to lowest price. Just click on the little blue

arrows in the top left of the screen after you Click Here

Here is a list of the properties that have gone under contract in the past

30 days. Priced from Highest to lowest. Click Here

Buyers are taking advantage of the deals that are available and scooping

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