ARCHIVED BLOG POSTS
2012
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“Why are Americans so gloomy, fearful and even panicked about the current economic slump? The slump is the longest, if not the deepest, since the Great Depression. Time Magazine Article Traumatized by layoffs, US consumers have fallen into their deepest funk in years. Says University of Michigan...
03/27/2012
Cutter Lane, Ranch Place Homeowners are choosing, or being forced, to rent rather than buy even though the latter is cheaper in many markets, including Park City. “As rents rise and prices stagnate, homeownership is becoming even more affordable, but rising rents create a dilemma for people who ...
03/22/2012
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Bank of America Pull Up Bank of America will reduce the amount owed on underwater mortgages up to $100,000 for up to 200,000 homeowners who qualify. Only mortgages that are owned by Bank of America will qualify. Those that are owned by government entities Fannie Mae and Freddie Mac, or backed by...
03/20/2012
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1 Hawkeye Place, Deer Valley, UT As a Park City real estate agent, I am privileged to peek inside many luxurious homes. This home, located at 1 Hawkeye Place, took my breath away. This home is listed by Dena Fleming of Prudential, UT Real Estate (MLS 9987377) at the discounted price of $14.7 mil...
03/19/2012
In the opinion of the authors of a recent issue of Barron’s, the second home market is firming up and prices may soon begin to rise again. “While the era of picking up a choice second home at a deep discount is clearly not over, more scrutiny and discernment are required. The best bargains may h...
03/13/2012
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A listing from Summit Sotheby's made it to WSJ.com. If you are interested in purchasing this home, please contact me. The Most Exclusive House in America!
03/06/2012
There are still some outstanding values at Promontory, but I was astounded that the inventory of homes for sale has been reduced to 12 months! Here is a thumbnail summary of home sales: 40 homes sold last year. There are 41 currently on the market, with 3 short sales that are showing up as activ...
03/02/2012
Rainmaker
126,653
126,653
Nancy Tallman
Real Estate Strategist