Welcome to the ParkCitySold.com Blog

2013-10-01 16:16:36
Now’s the time to buy a home in Park City

Park CityNow’s the time to buy homes in Park City.  Inventory is available but higher demand is reducing that inventory. Coupled with a rise in interest rates, postponing or delaying the decision to buy is not advisable for serious home buyers looking for investment property. As of June this year the contracts to purchase a property in the greater Park City area was a full 27.5% higher than the corresponding period last year. This is the highest for the second quarter since 2005, signifying a significant upturn in buyer activity.

There are of course several factors which explain this high demand. Not only is Park City a premier winter and summer destination for tourists on account of its excellent sporting, leisure, entertainment infrastructure, it has also been a hotbed of economic growth even in the worst years of the slowdown. Besides top notch educational facilities, excellent connectivity with the rest of the country and a vibrant demographic profile make it one of the best places to live.

With all real estate forecasts predicting a steady increase in both the price of homes as well as interest rates, it makes eminent sense to survey the market and snap the best options while they are still available. The fact that the realty market is on the cusp of recovery is often the best time to make that long awaited and debated strategic move in terms of making that all important decision of investing in a dream home. What better place than Park City, to take advantage of this phenomenon?

Delay any longer and you could lose a rare opportunity to get a reasonably priced dream home in the lovely mountain town of Park City -- with all its inherent lifestyle and economic opportunities. While one can understand the circumspection with which buyers approached a housing purchase in the not so distant past, the housing market is recovering fast.

Given that Park City area is witnessing steady economic growth on top of its already excellent performance even in the lean years of economic activity nationwide; there is everything to gain by purchasing a home or condominium here. A high per capita income and standard of living and none of the strains associated with life in large metropolitan cities are an essential hall-mark of life in Park City. This as good a time as any to be a part of Park City’s success story.


Nick Coleman, Park City Realtor

By Nick Coleman
Call 435-640-7781 or email [email protected] 
to find your Dream Park City Home.

Follow Nick on Twitter @ParkCitySold for regularly updated Park City Happenings or 
Join us at the I Love Park City Google+ community.

Find Nick on Google+

Related Information

Park City Information

Park City Ski Homes

Park City Ski Condominiums


Blog Archive
2015-06-16 09:10:53
A home buyer’s guide to radon

2015-05-25 18:39:52
Park City Sales Up In 1st Quarter 2015

2014-11-07 09:22:17
Are You In?

2014-05-19 10:20:30
Park City Real Estate: How things look

2014-05-07 17:18:01
Gallery Stroll in Park City

2014-05-05 13:30:26
Deer Valley Concert Series

2014-05-05 13:16:13
Summer Kick-Off in Park City

2014-04-24 10:13:21
Honor the Athletes this Olympic Day

2014-04-19 09:04:13
Discover Park City Race this June

2014-04-12 07:29:05
Bing Fling in Park City

2014-04-03 07:38:41
What's Up In The Western Ski Resorts

2014-04-03 07:07:58
National Trends

2014-03-14 08:47:39
Western Mountain Resorts Report Card

2014-03-05 17:13:39
Park City Vs National Real Estate Performance

2014-02-22 07:34:42
Q4 & Annual Performance Appraisal

2014-02-18 06:34:25
How much money do you need to buy a home?

2014-02-10 15:43:42
Is the Real Estate Recovery Sustainable?

2014-01-25 08:05:30
Laughing with the Roastmaster General

2014-01-23 07:35:43
Owning a Second Home -- The Pros and Cons

2014-01-17 18:05:41
Real Estate Trends for 2014

2014-01-17 10:59:52
Give a Bleep for a Good Cause This Winter

2014-01-09 11:05:42
Is Now a Good Time to Purchase a Ski Property?

2014-01-09 10:53:37
Simply Sundance

2013-12-18 12:07:02
Park City Real Estate Market Carries the Q3 Moment

2013-11-28 03:59:39
Sterling Q3 stats for Park City Real Estate

Click here to see ALL articles.

Comment on this Article

Your Name:
Your Email:
Verify:  Please enter the numbers shown to help eliminate spam.