Contemporary Homes Blog

Waldorf Park City Utah and Hyatt Centric Park City Utah

By Joel Fine
Nov 09, 2018

Incredibly buyer incentives for 2 and 3 bedroom developer condos at the Waldorf Park City Utah and the Hyatt Centric Park City Utah.  Reach out to me for details.

Joel Fine

Realtor

Berkshire Hathaway HomeServices Utah Properties

Cell: 435-901-2171

Email: joel@FineProperty.com

www.joelfine.com

Sky Ridge-A Master Planned Community---Park City, Utah

By Joel Fine
Oct 31, 2018

PARK CITY, UTAH  – SkyRidge Development, LLC announces SkyRidge, an ideal four-season master planned community in Park City, Utah. This remarkable and rare property is located on the northwest shore of the Jordanelle and will consist of 485 premier home sites designated for single family homes on 670 acres with over 50% preserved as open space.

The Jordanelle Parkway, which will connect the Mayflower Exit on US-40 to State Highway 248 at Brown’s Canyon, is under construction and anticipated to be completed by mid-summer 2019.

SkyRidge offers the perfect balance of convenience, privacy, luxury, and active outdoor lifestyle. Residents will enjoy an extensive range of residential and recreational amenities and easy access to Deer Valley Resort, the new Mayflower Ski Village, the Jordanelle, and Park City Main Street.

The Clubhouse will be the heart of SkyRidge, and features an infinity pool, cabanas, splash pad, grocery café with bar, game room, fitness facility, and locker rooms.

The SkyRidge Golf Academy will be comprised of a pro shop, practice facility, driving range, putting greens and three golf holes. The three holes - par 5, par 4, and par 3 - are designed with multiple tee boxes and greens, creating a new challenge every time you play. Open to residents and the public.

The Equestrian Center at SkyRidge will be accessible to residents and the public. Participants will have use of the 18-stall barn, training facility, indoor and outdoor arenas, pasture, washing and grooming areas, and dedicated equestrian trails.

SkyRidge has worked diligently with Mountain Trails Foundation to connect the SkyRidge community to the Park City trail network and is adding miles of pedestrian, hiking, biking and horse-riding trails. SkyRidge is a place to escape from the everyday and become immersed in the tranquil natural scenery, picturesque sunsets, and starry night skies while reconnecting with what truly counts.

SkyRidge launched with an initial 132 homesites starting at $220,000 with anticipated completion late summer 2019. Homesite reservations are being taken. Berkshire Hathaway HomeServices Utah Properties is the listing agent.

Copy and paste:  https://view.joomag.com/developments-skyridge-brochure/0982438001539709017?short

 

Contact me for details/ tour the new development:  Joel Fine, Realtor, Berkshire Hathaway HomeServices 435-901-2171 joel@FineProperty.com

 

ABOUT BERKSHIRE HATHAWAY HOMESERVICES UTAH PROPERTIES Berkshire Hathaway HomeServices Utah Properties is an independently owned full service real estate brokerage known for successful development representation. With offices throughout northern Utah, the company has a long-standing track record of market dominance and dependability. Under the Berkshire Hathaway name, our agency holds the #1 position in Utah’s real estate marketplace and maintains an historic commitment to community-driven service.

 

Doing Business In: Why It Is The Best State

By Joel Fine
Oct 01, 2018

Utah ranks number one in the US for job growth, enjoys consistently low unemployment rates, and a strong workforce. What’s at the heart of this success? Small business. The US Small Business Administration reports that Utah is home to over 277,000 small businesses that make up 99.3 percent of Utah companies and 57.3 percent of total employees in the state. Here are four areas that have been fundamental to Utah’s economic success:

A Strong & Educated Workforce

“Nothing is more important to businesses than having access to a qualified workforce,” says Val Hale, executive director of the Governor’s Office of Economic Development. “That is why so many companies choose to invest in education.” Any business will tell you that if they cannot find good, skilled people, then nothing else matters.

Utah’s public education systems, both K-12 and higher education, have a strong partnership with our business community. This partnership provides a consistent dialogue between educators and business leaders to identify gaps in our workforce skills and then develop a plan to fill those needs. This collaboration is evident is through the Talent Ready Utah initiative, which includes technical training for students through high school, so they graduate not only with a degree but with a high-wage, high-demand job, also.

Taxes & Regulation

Utah’s economy continues to benefit from our flat five percent personal and corporate tax rate, which is one of the lowest in the nation. Low taxes are important to small business but equally important is a stable tax rate. Utah small businesses have benefited from the predictability of the state’s flat tax throughout the 20 years since the rate was established.

Additionally, the Governor’s office, state legislature, and the Salt Lake Chamber are always looking at ways to evaluate and eliminate unnecessary regulations. In 2011, the state conducted one of the most thorough regulation reviews in the nation. This was partially due to a small business owner who wondered aloud why he could not fax or email his license renewal to the state agency, instead of mailing it. A closer inspection of the rule showed it was written in 1973. Since then, nearly 2,000 regulations have been modified or eliminated in favor of Utah businesses.

Incentives

Incentivizing business creation and sustainable growth is key to Utah’s thriving small business ecosystem. Several state programs assist new and existing businesses: one is the business expansion and retention (BEAR) grants for small businesses in rural parts of the state. The Utah Science, Technology and Research (USTAR) initiative specifically assists start-up and early-stage tech companies, as well.

The state also offers financial incentives for business relocation and expansion. This incentive program is built on three pillars that make it both effective and sustainable: 1) the business expansion must be competitive, 2) the incentives must be post-performance, and 3) the incentive must be a tax rebate once the jobs have been created and the corporate taxes are paid. Most importantly, these incentives were previously only available to new companies relocating to Utah: they are now available to businesses already in Utah to help them grow at home.

International Trade

You may have read recent headlines that trade is killing the US, that is not the case in Utah. Utah is a trade surplus state to the tune of $4 billion annually and has doubled its exports over the past decade with a goal to double exports again over the next ten years. This is a credit to the 3,500 plus companies that export, nearly 85 percent of which are small businesses.

Take, for example, Butcher’s Bunches, which makes handcrafted, all natural fruit preserves in Cache Valley. The jam is not only sold in Utah but in Asia, the UK, France, Australia, Canada, and Dubai. This global family company began selling in a farmer’s market in Park City. Tourists visiting Park City from around the world enjoyed the product so much that they began asking Liz Butcher, the owner, how they could buy her jam when they returned home.

Utah’s pioneering heritage is alive and well across the state, from Grouse Creek to Montezuma Creek. Our state and local governments are partnering with the business community to support small business owners who work every day to keep the American Dream alive for themselves, their families, and their employees.

Modern Shipping Container Marvel in New Jersey on the Market for $875K

By Joel Fine
Sep 23, 2018

 | Sep 19, 2018

Shipping containers have never looked so sparkling.

In fact, passers-by might not realize this modern marvel—a four-bedroom, 4,000-square-foot glass home in New Jersey recently listed for $875,000—was built from something so ordinary.

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Architect Adam Kalkin found inspiration for the home in an unusual place: the ports of New Jersey. In his daily commute to New York City, he passed by piles of shipping containers. "He thought, 'How can I upcycle them into a living space?'" says listing agent Caroline Gosselin.

Kalkin is not the first architect to follow this line of thinking: Shipping container homes have enjoyed a surge in popularity.

Kalkin considers metal containers "zombies." He even started a firm called Industrial Zombie, which "re-imagin[es] them for a higher purpose, thereby giving them new life."

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So he breathed life into his own shipping container masterpiece in 2008: two side-by-side structures on a hillside in Tewksbury Township. Hints of the home's origins can be seen in the corrugated metal siding throughout, and the wooden beams that mark the joining of the containers. Off the dining room, the cozy space that holds a table and leather booths is the size of a shipping container.

Potential buyers are "surprised by how much space it is," Gosselin says. "It takes shipping containers to a whole new level."

A mix of concrete and upcycled hardwood floors give the home a hint of industrial chic, and floor-to-ceiling windows could make you forget the home's humble origins.

But it's the home's second owner who built the space's "showstopper," says Gosselin. Kalkin originally designed two separate buildings. The current seller invested $300,000 in a steel and glass breezeway joining the two structures, making "it a whole home," she says.

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Breakfast nook
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Each level offers 1,000 square feet of space—plenty of room for a library, yoga room, and spa. Want to keep overnight guests close, but not too close? Give them free rein of one half of the building. The breezeway keeps you connected without feeling like you're stepping on others' toes.

City mice who want to burrow in the country will find this property particularly appealing. The train to New York City takes about an hour, and Califon, the surrounding town, feels very much like "horse country," Gosselin says. "It gives the best of both worlds," she says.

"It's great for someone who wants to be in nature but doesn't want to give up that loft-like, industrial-modern feel," the agent adds.

Jamie Wiebe writes about home design and real estate for realtor.com. She has previously written for House Beautiful, Elle Decor, Real Simple, Veranda, and more.
Questions about Park City/Area real estate contact Joel Fine Realtor Berkshire Hathaway HomeServices 435-901-2171 joel@fineproperty.com

Mortgage Rates for Utah--Fairway Mortgage

By Joel Fine
Sep 17, 2018

Current Mortgage Rates for Utah

Conforming
Loan Type Interest Rate APR
5/1 ARM Conforming 4.50% 4.771%
30-yr fixed Conforming 4.75% 4.788%
15-yr fixed Conforming 4.375% 4.393%
Based on $300k loan amount and 65% loan to value.

Jumbo

Loan Type Interest Rate APR
7/1 ARM Jumbo 4.000% 4.592%
30-yr fixed Jumbo 4.50% 4.626%
15-yr fixed Jumbo 4.25% 4.378%
Provided to you by Josh Mettle Josh Mettle Loan Officer 385-355-2130 O 801-699-4287 C Josh.mettle@fairwaymc.com NMLS: 219996 (888)996-9690

 

Announcing Opening of Jordan City Office

By Berkshire Hathaway HomeServices Utah Properties
Aug 23, 2016

SJ-EXTERIOR-New-sky

Salt Lake City, UT—Berkshire Hathaway HomeServices Utah Properties today announced the opening of its new central Jordan City office building.

Located in the River Park Corporate complex, this modern space provides real estate professionals with a forward-thinking open plan space that is the latest in the company’s succession of growth plans. “With over $1.8 billion in sales, we are the most successful brokerage in Utah,” commented CEO, Steve Roney. “We are opening this new office in the South Jordan area to better serve our business in this growing and critical part of the valley. This is our next growth step, and we are thrilled to be expanding alongside this market.”

The move comes after a series of business successes for the company. In 2014, the company converted from Prudential Utah Real Estate to the legendary Berkshire Hathaway brand and was among the top ten brand brokerages in the country. Further, the company achieved more sales than any other Utah-based brokerage in 2015 and currently represents more real estate developments than any competitor.

On the heels of these achievements, the company has put into motion an aggressive expansion plan, which has resulted in the acquisition of cutting edge office spaces that are ushering in a new level of innovation in northern Utah real estate.

In a statement, Salt Lake branch broker, Kevin Cameron stated: “This new office illustrates our company commitment to meeting the real estate needs of the growing Jordan and South Salt Lake communities. The location provides central access to all key moving real estate neighborhoods. The future is looking bright.”

About Berkshire Hathaway HomeServices Utah Properties

Berkshire Hathaway HomeServices Utah Properties is an independently owned real estate brokerage dating back to 1976. With offices throughout northern Utah, the company has a long-standing track record of market dominance and dependability. Under the Berkshire Hathaway name, our agency holds the #1 position in Utah’s real estate marketplace and maintains an historic commitment to community-driven service.

About Berkshire Hathaway

Berkshire Hathaway is a worldwide holding company based in Omaha, NE. Its chairman and CEO is Warren Buffett, often referred to as the “Oracle of Omaha,” who according to Time magazine’s ranking is among the world’s most influential people. Berkshire Hathaway is the No. 1 company in Barron’s 2013 ranking of the world’s 100 most respected companies; it ranks at No. 8 in Fortune magazine’s 50 Most Admired Companies survey; and is No. 18 in Harris Interactive’s reputation study of the 60 Most Visible Companies. Good to know.™

 

 

Browse by Lifestyle, Design Type, Amenities

By Berkshire Hathaway HomeServices Utah Properties
May 24, 2016

One of the many clever new features of berkshirehathawayhs.com is the ability to search for property based on lifestyle interests such as skiing, fishing, schooling, etc...

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Further, you can browse by design features such as modern architecture, stucco, outdoor fire pits, etc...

Screen Shot 2016-05-24 at 1.53.05 PMAll of these new features, combined with the international functionality of the site, allow for you to find EXACTLY what you're looking for...

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Press Release-BHHS Utah Properties Welcomes Will Cooper

By Berkshire Hathaway HomeServices Utah Properties
Apr 13, 2016

Berkshire Hathaway HomeServices Utah Properties

Press Release

Salt Lake City, Utah (April 13, 2016)—Berkshire Hathaway HomeServices Utah Properties announced today that effective now, Will Cooper has joined the firm as President, Business Development.

In this new role, Mr. Cooper will focus on growth strategies including recruiting, coaching, and training throughout BHHS Utah Properties’ market areas of Salt Lake, Summit, Wasatch, Davis and Weber Counties. “We are thrilled to have Will aboard,” commented Steve Roney, CEO and Owner of Berkshire Hathaway HomeServices Utah Properties. “His extensive background in real estate agent development along with his dynamic personality make him an incredible asset to our professionals and company.” Mr. Cooper will be reporting to Mr. Roney in this new capacity.

In real estate’s constantly evolving and competitive landscape, Mr. Cooper will ensure BHHS Utah Properties agents are given the resource support to distinguish their service and offer enhanced quality service to clients. “I look forward to providing guidance to the outstanding family of BHHS Utah Properties agents and employees while strengthening businesses development as a whole under the legendary Berkshire Hathaway brand,” commented Will Cooper.

About William Cooper

Will has enjoyed a distinguished 25-year career in real estate. Most recently, he was a President and an Owner of Stringham Schools, the largest real estate school in Utah. Prior to his time at Stringham, Will was the Principal Broker and Owner of ERA Legacy from 1998 to 2008 and was the CEO of Virtual Agent, now known as Dotsignal, a mobile marketing technology company for Realtors, from 2008 to 2014. He has been a licensed agent in Utah since 1991 and a Pre-License and CE Instructor since 2008.

About Berkshire Hathaway HomeServices Utah Properties

Berkshire Hathaway HomeServices Utah is an independently owned full-service brokerage with offices in Salt Lake City, Park City, Ogden, Bountiful and Heber with a long-standing track record of market dominance and dependability. Under the Berkshire Hathaway name, our firm provides a new level of real estate assistance and maintains a #1 position in Utah’s marketplace and historic commitment to community-driven service. Visit bhhsutah.com.

About Berkshire Hathaway HomeServices

Berkshire Hathaway HomeServices, based in Irvine, CA, is a real estate brokerage network built for a new era in residential real estate. The network, among the few organizations entrusted to use the world-renowned Berkshire Hathaway name, has grown to 42,200 agents and 1,211 offices in 47 states since its September 2013 launch. Visit www.berkshirehathawayhs.com.

Irvine, CA-based HSF Affiliates LLC operates Berkshire Hathaway HomeServices, Prudential Real Estate and Real Living Real Estate franchise networks. The company is a joint venture of which HomeServices of America, Inc., the nation’s second-largest, full-service residential brokerage firm, is a majority owner. HomeServices of America is an affiliate of world-renowned Berkshire Hathaway Inc.

About Berkshire Hathaway

Berkshire Hathaway is a worldwide holding company based in Omaha, NE. Its chairman and CEO is Warren Buffett, often referred to as the “Oracle of Omaha,” who according to Time magazine’s ranking is among the world’s most influential people. Berkshire Hathaway was the No. 1 company in Barron’s 2013 ranking of the world’s 100 most respected companies; it ranks at No. 3 in Fortune magazine’s 50 Most Admired Companies survey. Good to know.™

 

BHHS Utah Tips: Real Estate and Taxes

By Berkshire Hathaway HomeServices Utah Properties
Feb 29, 2016

Tax considerations for buyers and sellers
 

taxes

Buyers and sellers need to be informed about tax considerations before entering a transaction.

If you have purchased or sold a home last year, there are a number of tax deductions for which you may qualify. Here are some important factors to keep in mind:

Profitability: According to the IRS, if you have a gain from the sale of your main home, you may be able to exclude up to $250,000 of the gain from your income as a single tax filer, or $500,000 on a joint return in most cases.

Interest: Currently, much of the interest paid on a mortgage is tax-deductible. A married couple filing jointly can deduct all of their interest on a maximum of $1 million in mortgage debt secured by a first or second home.

Selling costs: Broker commissions, title insurance, legal fees, advertising costs, administrative costs, and inspection fees are all considered selling costs and currently may be used to reduce one’s taxable capital gain by the amount of the selling costs.

Refinanced mortgage points: They may be deductible, but not all at once. Homeowners who refinance may be able to immediately write off the balance of the old points and begin to amortize the new points. Interest paid on a home equity loan or similar line of credit may also be deducted.

Points/origination fees: On a home loan, if points or origination fees are paid during the purchase of a home, they are currently generally tax-deductible for the year in which they were paid.

Repairs/remodels: Qualifying capital improvements may be able to be deducted, including costs of a new roof, fence, swimming pool, garage, porch, built-in appliances, insulation, heating or cooling systems and landscaping.

Relocation expenses: If you move because of a new job, you may be able to deduct some of your moving costs. To qualify for these deductions, you must meet several IRS requirements, including that your new job is at least 50 miles farther from your old home than your previous job. Moving-cost deductions can include travel or transportation costs, lodging expenses, and fees for storing your household goods.

Property taxes: Currently deductible from your income. If you have an impound or escrow account, you can’t deduct the money held for property taxes until the money is actually used to pay your property taxes. City or state property tax refund reduces your federal deduction by an equal amount.

First-time buyer credit: For those buyers who took advantage of this credit within the past two years, remember that if within 36 months of the date of purchase, the property is no longer used as your principal residence, you are required to repay the credit.

Another important tip for those moving into a new home is to make sure you update your address with the IRS and the U.S. Postal Service to ensure you receive refunds or correspondence from the IRS.

Tax laws change every year, and certain tax deductions become available while others phase out. Speak with a professional tax consultant about these and other considerations.

 

 
 
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