Nancy Tallman's (nancytallman) Blog

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Real Estate Agent - Summit Sotheby's International Realty

ARCHIVED BLOG POSTS

2012 

The housing market is recovering, both nationally and in Park City. Nationally, existing Home Sales were up 2.1% in October, staying right near their highest level in over two years.  Sales are up 10.9% from a year ago.  In Park City, existing home sales are up more than 10% over the previous ye...
11/29/2012
This slide assumes a 20% down payment for a buyer who qualifies for a payment of $1,800 per month. In January, 2006, that person could afford to buy a home with a purchase price of  $365,420.  Today, that same buyer would qualify to buy a home with a purchase price of $508,940.  What is interest...
11/27/2012
  Eleven homes listed for sale in Park City are priced at $10million and up.  Each of these homes is ski in/ski out.   Three of these homes are located at the Colony at White Pine Canyon and the rest are in Deer Valley.  The Deer Valley homes are located in the neighborhoods of Deer Crest Estates...
11/17/2012
Bright, Open, Spacious & the IDEAL Location are just a few words to describe this newly listed, single level, 3-bedroom/3-bath condominium.  Located on Empire Drive, just behind Park Avenue and Cole Sports, this home has beautiful views of Park City Mountain Resort and Park City Golf Course, and...
11/13/2012
Houses that real-estate agents describe as “move-in condition” sell 12% faster than homes listed without those words. “Starter homes” sell 9% faster. But be careful: A house called a “handyman special” sells about 50% faster, but the final price is 30% lower than listings that lack those words. ...
11/08/2012
Third Quarter, 2012 Park City September, 2012 pended sales were the highest since early 2012. Park City existing home sales rose 7% in September to 120 and are 10.1% higher than last September. Park City closed sales are up 100% since 2009. Fifty-two percent of Park City buyers paid for their re...
11/06/2012
With the inventory of luxury homes down by about one-third and wealthy foreign buyers looking to make safe-haven investments, prices are rising in America’s most expensive zip codes.  A booming US technology sector and renewed interest in vacation homes have been strong contributing factors as w...
11/01/2012
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Nancy Tallman

Real Estate Strategist
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