Nancy Tallman's (nancytallman) Blog

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Real Estate Agent - Summit Sotheby's International Realty
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12/25/2013
The New York Times recently posted its best books of 2013.  I decided to investigate the best selling Park City homes of the last quarter (October 1-December 17, 2013).  Keep in mind; I only looked at homes for this blog.  I did not sort condominium data. I sliced and diced the data by price poi...
12/18/2013
  People who look for a home during the Holidays are more serious buyers! Serious buyers have fewer houses to choose from during the Holidays and less competition means more money for you! Since the supply of listings will dramatically increase in January, there will be less demand for your parti...
12/10/2013
About a week ago, the Park City Board of Realtors invited all three Park City resorts, along with Mountain Trails Foundation and Ski Utah to provide updates on the latest news with each resort. Here are some highlights: Canyons  They have improved their snow making capabilities and based on my e...
12/03/2013
Considering the purchase of a resort home in a ski town?  These charts show that Park City is a great place to invest.  We have an active real estate market with prices trending up. The Western Mountain Resort Alliance just released its third quarter comparison numbers. Park City was one of four...
11/26/2013
I was on the website houzz.com [which is a combination of 'house' and 'buzz'] and found these innovative kitchen storage solutions.  Which ones are your favorites? Have you been on houzz yet?  Caution–it’s more addictive than Facebook.    
11/19/2013
 “I can’t make this stuff up!  We need to find a seller and not a dreamer.” These were the words I wrote to my client after her offer was not accepted.  Not only was her offer not accepted, but the seller decided to raise the price of the listing, which was already 5% higher than the comparable ...
11/12/2013
These graphs illustrate what those of us who are buying or selling homes already know…     Each month saw more closed sales than the same month the year before. Inventory is at historic lows. Which leads us to…. Multiple offer situations Prices creeping higher Which means… Lowball offers or weir...
11/05/2013
What do these brands have in common?  Vera Wang Baccarat Fendi Casa  Palazzo Versace   Bulgari Armani/Casa  They are all luxury brands that have been used to sell real estate. According to experts, developers can boost profits as much as 30% by attaching a prestigious name to a property.  Brand e...
10/29/2013
  Can you guess which neighborhoods have the lowest inventory of homes? Here is your hint—All of these neighborhoods are comprised of mostly full time residents and with 3 months or less of inventory in each, they are all seller’s markets. 6.  Prospector:  With an average sale price of $678,895 t...
10/23/2013
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Nancy Tallman

Real Estate Strategist
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