Area Surrounding Park City Real Estate Blog

Housing Market 2021: Two Questions with Expert Answers

There is no doubt that 2020 was a challenging year for the economy, but the housing market was a notable exception. As more Americans transitioned to remote work and schools…

Written by Tim Whetsel

January 10, 2021

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Lack of Inventory Driving Busy Fall Real Estate Season

In most years, the first days of fall bring an annual slowdown in the real estate market, as the summer frenzy fizzles out and families begin another school year. But…

Written by Tim Whetsel

October 5, 2020

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Slowdown in Pending Home Sales While Prices Still on the Rise

As we enter the final month of summer, pending home sales are slowing down. According to Zillow’s Weekly Market Report for the week ending July 25, this is most likely…

Written by Tim Whetsel

August 5, 2020

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May Housing Data Indicates Return to Normalcy

According to realtor.comⓇ’s May Monthly Housing Trends Report, the United States housing market is strengthening as states begin to reopen after quarantine and lockdown measures related to the COVID-19 pandemic.…

Written by Tim Whetsel

June 8, 2020

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Mortgage Rates Continue to Drop

According to the newest Bankrate data, average mortgage rates continue to drop, making this a great time to lock in a rate if you are thinking of refinancing your property…

Written by Tim Whetsel

May 5, 2020

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Best Improvements to Sell Your Home

Home renovations can be a great way to boost the value of your home and make it more enticing to potential buyers, but sellers should be careful what improvements they…

Written by Tim Whetsel

April 7, 2020

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Mortgage Rates Hit Record Low, Refinancing Sky Rockets

The first week of March saw a surprise move by the Federal Reserve as the United States braces for potential economic effects from the global spread of the coronavirus. Mortgage…

Written by Tim Whetsel

March 5, 2020

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Existing Homes Sales Track up 3.6 Percent to Welcome 2020

According to the National Association of Realtors ® December 2019 report, existing home sales tracked up significantly in the final weeks of the decade, with the adjusted annualized rate of…

Written by Tim Whetsel

February 5, 2020

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Housing Trend Predictions for 2020

According to realtor.com’s 2020 Economic Forecast, the new year will bring some important changes to national real estate trends. Millennials will lead the way, taking on more mortgages than Baby…

Written by Tim Whetsel

January 2, 2020

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Park City Board of REALTORSⓇ 3rd Quarter Statistics

According to the recent press release, single-family homes continue to lead the market in the greater Park City area, with homes outside of Park City proper posting the strongest price…

Written by Tim Whetsel

December 2, 2019

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Federal Reserve Cuts Interest Rates

The Federal Reserve recently lowered interest rates by a quarter of a percent, the third time this year, placing the target range for federal funds rates to 1.5-1.75 percent. In…

Written by Tim Whetsel

November 5, 2019

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National Report: Homeowners Warming Up to Selling

According to the latest National Association of REALTORS® quarterly report, the percentage of current home owners who are optimistic about selling their property rose to 46 percent, a nice increase…

Written by Tim Whetsel

October 7, 2019

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Blog

Housing Market 2021: Two Questions with Expert Answers

Lack of Inventory Driving Busy Fall Real Estate Season

Slowdown in Pending Home Sales While Prices Still on the Rise

May Housing Data Indicates Return to Normalcy

Mortgage Rates Continue to Drop

Best Improvements to Sell Your Home

Mortgage Rates Hit Record Low, Refinancing Sky Rockets

Existing Homes Sales Track up 3.6 Percent to Welcome 2020

Housing Trend Predictions for 2020

Park City Board of REALTORSⓇ 3rd Quarter Statistics

Federal Reserve Cuts Interest Rates

National Report: Homeowners Warming Up to Selling

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