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.

–– ADVERTISEMENT ––
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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Breezeway
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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

 

The History of Park City

By Berkshire Hathaway HomeServices Utah Properties
Jul 28, 2016

 

sundance

Park City, a now vibrant community, was once a hard-hat wearing, saloon visiting mining town. Although the town was not incorporated until 1884, Park City’s history began in the winter of 1868 when soldiers climbed over the mountains from Big Cottonwood Canyon and discovered silver. Mining began with the Flagstaff Mine, later renamed Ontario Mine.

The Ontario Mine was one of highest volume producing silver mines in the world, and the success of Ontario helped create a boom-town atmosphere in Park City. To this day, the remnants of the Ontario and Silver King mines, can be seen on the slopes of present day ski resorts.

Until 1898, the town was booming with no end in sight, but a fire that burned down 200 out of 350 structures would put the townspeople, now numbering 7,000, to the test. Miraculously, the town rallied, and the whole town was rebuilt in just a year and a half.

Six years later, in 1904, local businessmen established the Miners Hospital, initially located at the base of what is now Park City Mountain. The hospital was built and furnished entirely through community donations, and it allowed miners to stop traveling thirty miles to a Salt Lake City hospital. For the next decade, the town experienced hard times including landslides, cave-ins, and flooded tunnels. One of the town’s greatest tragedies was the destruction of Main Street’s Egyptian Theatre in 1916.

Mining Fast Facts

From 1875-1982 Park City produced:

  • 1.45 million ounces of gold
  • 253 million ounces of silver
  • 2.7 billion pounds of lead
  • 1.5 billion pounds of zinc
  • 129 million pounds of copper
In 1917, the state of Utah decided to start prohibition two years before the rest of the country; however, in 1921 twenty-six out of twenty-seven local bars were still serving alcohol. Then in 1929, the stock market crashed and local mines lost value; but shortly after the crash in 1931, Alf Engen set a world record on Ecker hill with a 247-foot ski jump. Skiing began to infiltrate the town with the first successful winter carnival in 1936 at what is now Deer Valley, and in 1947, as mining prices dropped even lower, Snow Park installed its first chairlift.

In 1949, all of the mines were shut down until 1952 when some reopened, but Park City became a ‘ghost town’ of only about 1,150 people. The town did not begin to rise again until 1963 when they qualified for a federal loan exceeding one million dollars to develop a ski area. The ski area Treasure Mountain Resort, now Park City Mountain, was established with a gondola, chairlift, and two J-bars.

Skiing began to take off, and in 1968 and 1981 respectively Park West, now Park City Mountain, and Deer Valley were established. Following the growing success of mountain sports, in 1982, mining operations were discontinued, and Park City became a resort community.

With the Kimball Arts Center, operating since 1976, playing an increasingly large role in the community, the town embraced the arts, and Robert Redford established a film festival in 1981, which would become the annual Sundance Film Festival. With a permanent residence of around 7,800, Park City is a small community that was voted “Best Town in America” by Outside Magazine in 2013.

 

Approximate Skier Days per Year Total skier days 1987-1988 to 2012-2013
Park City 1,700,000 31,086,233
Utah 4,000,000 85,832,877
 

 

Park City May Events

By Berkshire Hathaway HomeServices Utah Properties
Apr 28, 2016

FOR TRAVEL -- Summer Winter Mountains -- Park City, UT -- Homestead Crater CREDIT: Re Wikstrom with Park City Yoga Adventures FOR TRAVEL -- Summer Winter Mountains -- Park City, UT -- Homestead Crater CREDIT: Re Wikstrom with Park City Yoga Adventures

All Month Ritual Chocolate Factory Tours

All Month Geothermal Standup Paddleboard Yoga in the Homestead Crater

All Month Park City Film Series

5/1 Egyptian Theatre Park City Follies

5/5 Peace House Annual Spring Luncheon

5/11 Summit Land Conservancy 2016 Breakfast

5/13-5/14 Egyptian YouTheatre presents Junie B. Jones

5/20-5/22 Egyptian Theatre presents Peter Yarrow

5/20-5/21 Heber Valley Horse Sale, Rodeo, and Tack Auction

5/26 Latino Art Festival

5/27 Park City Gallery Stroll

5/28 Wasatch 360 MTB race

Local Business Love: Exchange Etc...

By Berkshire Hathaway HomeServices Utah Properties
Apr 21, 2016

Boutique Blog3Boutique Blog4Boutique Blog5Boutique Blog6

 

Exchange Etc...

1755 Bonanza Drive

435-649-3726

We're big fans of bobbles, belts, and boots. Exchange Etc...is an adorably curated consignment shop that ranges from sparkly flapper dresses to authentic cowgirl boots. Even the space is right out of dreams of LouLou de la Failaise's boudoir. Lounge about on velvet Roman couches whilst dangling some pearls on under a fabulous floppy hat.

Part vintage treasure chest, part hippy clothing swap, part costume closet...it's just pretty fun with a romantic flair. So, stop in, change up your personality, get inspired for a theme party, and find that dream pair of Chanel block heels you never thought you could afford.

We love the businesses that keep Park City colorful. Thanks, Exchange!

 

 

US Resorts by the Numbers

By Berkshire Hathaway HomeServices Utah Properties
Mar 25, 2016

 

In which we provide, for your own edification and enjoyment, the latest data related to select U.S. resort markets ...

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Palm Desert, CA

  • Average Sales Price: $458,774
  • Median Sales Price: $357,042
  • % Change Median Sales Price from 2014 to 2015: -2.3%
Palm Springs, CA
  • Average Sales Price: $611,209
  • Median Sales Price: $523,291
  • % Change Median Sales Price from 2014 to 2015: 4.0%
Big Sky, MT
  • Average Sales Price: $1,067,952
  • Median Sales Price: $622,000
  • % Change Median Sales Price from 2014 to 2015: -4.4%
Bozeman, MT
  • Average Sales Price: $454,433
  • Median Sales Price: $362,000
  • % Change Median Sales Price from 2014 to 2015: 11.4%
Aspen, CO
  • Average Sales Price: $3,313,930
  • Median Sales Price: $1,500,000
  • % Change Median Sales Price from 2014 to 2015: 1%
Vail, CO
  • Average Sales Price: $1,083,724
  • Media Sales Price: $585,000
  • % Change Median Sales Price from 2014 to 2015: 4.5%
Park City, UT
  • Average Sales Price: $2,200.000
  • Median Sales Price: $1,500,000
  • % Change Median Sales Price from 2014 to 2015: 17%
*All information pertains to 2015 single family attached and detached properties and was provided by the California Desert Association of REALTORS® and Desert Area MLS, Gallatin Association of REALTORS/Southwest Montana MLS, Aspen Board of REALTORS® MLS, Park City Board of REALTORS® MLS and Berkshire Hathaway HomeServices Colorado Properties 2015 Vail Valley Market Trend Report.

 
 
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