Single Family Home Sales were approximately 32% of the total Sales Volume and were up 32% from 2009.  Average Sales Prices were down 17%, however, in January 2009 there were 3 homes sold in EmpirePass that totaled over $16M and impacted the overall average.

Condominium Goss Sales Year-To-Date remained up 318% with sales at the St. Regis and Empire Pass.  Prices were up 97% due to the sale of the higher priced units. 

Residential Lot sales increased substantially in February with 24 lots sold, evenly spread among many areas and price ranges.  There were quite a few (42) new listings in Promontory since the beginning of the year. Red Ledges lots started off the year strong for golf community property.

Now is a great time to buy in Park City.  There are also a number of auctions scheduled for this month including Lookout at DeerValley and the Lodges at Westgate at The Canyons. For complete details of each area, auctions, and all Park City Homes for Sale, please contact Jim and Billie Harsch of Mountain Town Realty Group at http://www.unlockparkcity.com

For the latest on the Park City Real Estate Market and all Park City Homes for Sale, contact Jim and Billie Harsch at http://www.unlockparkcity.com

Pineview Lake - Northern Utah’s most popular lake

Snowbasin Resort - Utah’s Premier Day Ski Resort www.snowbasin.com  with summer activities as well.

Powder Mountain - Largest skiable acreage in North America www.powdermountain.com

Wolf Creek Utah - Skiing and Golf recreation area

As residents of the valley for the last ten years, we have seen some growth but it is still an undiscoved paradise.  We moved to Utah for the winters.  Utah is the soft snow capital of the U.S. but Ogden Valley is the soft snow capital of Utah! As we have spend our summer sailing our 22′ Catalina on Pineview and hiking the many canyons in the valley, we have found summer to be a very special time as well.

Come and visit….. step back in time…… 

If you or anyone you know is going through a mortgage-related transaction, there are some “red flags” to be aware of. We created a report on my website that gives examples of what fraud cases the FBI has been noticing.

Please send anyone here who needs this free information:

http://www.avoidforeclosuresinparkcity.com/

If you have any questions about mortgage scams, or if anyone you know needs legitimate, professional help with avoiding foreclosure, please don’t hesitate to contact us.

We’re here to help.

Jim & Billie Harsch

Mountain Town Realty Group

435-615-6637

Mr. Ming Xing, allegedly the Chief Financial Officer of the Hangzhou Iron & Steel Group Company, (Bogus name, Valid company and Website), contacted us through our website searching for a home in Park City. He requested some selections up to $1.2M.  We were suspicious, however, we sent him 10 listings meeting his criteria and he chose one. He indicated that he wanted us to write an offer and he would be in town in 4 weeks to review, but in the meantime his stockbroker would send a deposit check to our lawyer.  We responded that he could send it to our title company, InWest Title Services. We also outlined the purchase process and we even obtained a signed Buyer Agency Agreement. We proceeded with the offer and even got to an accepted offer by Addendum Two, and in every request, received a prompt response and signed documents. At each step I did advise the Owner/Agent of the property that this could be a scam and it might not work, however, we both decided to proceed.  The “check” arrived at the title company from his “stockbroker” in California via UPS within a week of our initial contact.  The “check” was for considerably more than the requested Earnest Money amount and we were directed that the excess should be held until his arrival for the purchase of furniture and other items and that his relocation manager would be contacting us. Needless to say the “check” did not clear and the title company informed us that there was another agent in the Salt Lake Valley, that had done the same thing, and received a check for the same amount and that it was a scam that was going around the country.

Fortunately, we were only out some time and expectation, but had we done completely as requested, it certainly could have cost us a substantial amount of money.  We wanted to provide this warning to real estate agents, and if you have any questions, please contact Jim and Billie Harsch with Mountain Town Realty Group at http://www.unlockparkcity.com