I love when when KPCW’s Leslie Thatcher interviews Nancy Tallman, President of Park City Board of Realtors and Carol Agle, Chairperson of board’s statistic group. Last Friday’s interview didn’t disappoint. Here are some of the highlights provided by Ms Tallman and Ms Agle about the local real-estate market: Prices as a whole are stable. They said that they couldn’t …

We read today that mortgage purchase applications are down 66% from their 2004 levels. It is the white line in the graph below: We’ve speculated, and anecdotally confirmed, that many of the purchases of Park City real estate are cash-only and therefore don’t need a mortgage. Yet, when we look at the homes coming online …

On Monday, two real estate agents were on KPCW talking about the current market around Park City. One comment caught our attention. It was said that while supply of homes were low, this hadn’t caused prices to increase in some areas of the Snyderville Basin. The example was given that the average home price was …

Today on KPCW, Carol Agle, chair of Park City Board of Realtors statistics committee and President of the Board of Realtors, Marcie Davis spoke about the current Park City real estate market. Here are a few of the quotes during the interview: “We used to tell people this time of year was the time certain inventory would come …

Park City Realtors, we hope that your still seeing lots of all cash buyers. If not, the future doesn’t look pretty. Mortgage applications are at 19 year lows (i.e. 1995 levels)…     God speed Park City Heights and East Creek Ranch.

We are hearing rumors that The Colony raised their real estate prices today.  Word from a few local real estate agents is that their phones are ringing off the hook with people wanting to buy near PCMR and Canyons. Cue the music…happy days are here again!