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Archive for November, 2008

Park City Real Estate vs. Aspen, Vail, etc…


How Does Park City, Utah Compare To Other Rocky Mountain Resort Towns?

Vacation home buyers frequently compare a handful of resort towns when they’re researching potential investments.   It’s a fun homework assignment to hop from town to town to compare properties.  There’s no substitute for jumping in and testing out the local lifestyle on your own.

Keeping Score: Utah vs. Colorado and Wyoming

When you’ve narrowed your list of contender resorts, it’s time to get down to the sober task of making sense of the numbers.  Unsettled economic conditions around the globe make this step even more critical.  We all want to make prudent investment decisions these days, so which resort makes the most sense?

To help prospective buyers with this cross-resort comparison, the Rocky Mountain Resort Alliance shares real estate sales data, and provides a forum for brokers in member communities to gain an understanding of the neighboring resorts and explore pressing issues the resorts share.

The Alliance meets three times a year in the various member resorts, and statistics are updated quarterly.  If you want to track historical sales data back through time, send us a quick note and we’ll forward them along to you.

Deer Valley & Park City Real Estate Trends

Here’s a recap of the trends that we’re seeing at most of the RMRA member resorts…

The overall number of transactions is down (overall sales volume down about 50% from all-time record sales years in 2006-07), but sales prices are holding steady. That’s good news for Park City & Deer Valley property owners.  Contrary to popular belief, the local real estate market has not seized, as evidenced by the 1,011 closed transactions year to date.

Take a closer look at the average sales prices of the assorted classes of real estate.  You’ll see that average sales prices in Park City & Deer Valley are still 35% to 60% less than Jackson Hole, Vail, Aspen, and Telluride. The gap has been closing, by the way, as more people discover the easy access of the Salt Lake City and Heber Airports.

Park City Real Estate Stats

Related Articles:

Deer Valley Homes: Does Ski Access Preserve Value?

Park City Real Estate Sales Statistics

Park City and Deer Valley’s Best Cash Flow Condos are…
The Best Cash-Flow Condos in Deer Valley (Part II)
Deer Valley Is Not the Only Smart Money Bet in Town (Part III)
St. Regis Resort and Residences, Deer Crest
Dakota Mountain Lodge and Waldorf=Astoria Announcement
Deer Valley Montage Hotel

Posted by Erik Asarian | Currently No Comments »

MLS Park City Utah

Warning: If you are looking for the Park City MLS… Be sure you’re using the live feed!

On October 28th 2008, the Park City Board of Realtors changed MLS providers. Here’s why you should care…

Most of the real estate agents in town barely know how to use the new Park City MLS, much less update all of the links on their websites to pull current data using the new feed.

A Shocking Park City MLS Discovery

We got a call from a seller client yesterday asking why the listing price on her home was not correctly listed on the MLS…

Turns out her home’s information was correct on the live feed of the MLS Park City Utah, but she was looking at one of our competitor’s sites!  It might take months before the poor agent even realizes that they’re still displaying listings from October 2008.

Here’s the link to the NEW Park City MLS search page.

We hope this helps!

Posted by Erik Asarian | Currently No Comments »

Deer Valley Resort: What’s New for Ski Season?

Deer Valley Utah — Ski Area Improvements for 2008-2009

Deer Valley® Resort was rated the number one ski resort in North America by readers of Ski Magazine once again, winning the honor for the second consecutive year. Deer Valley has been ranked among the top three resorts for eight years running.

All Park City Area Resorts Rate High

Nearby Park City Mountain Resort and The Canyons Resort were also reader favorites, placing 5th and 13th respectively.

Deer Valley is Consistent.  Here’s why:

Deer Valley doesn’t rest on its laurels.  The resort invested in improvements that will maximize visitor enjoyment, to the tune of about $8 million during the 2008 off-season.

Deer Valley On-Mountain Improvements

Cushing’s Cabin, located at the top of Flagstaff mountain, now seats about 50 guests and offer soups, salads, snacks, and new bathrooms. This will be a great spot to warm-up and grab a quick bite without leaving the powder stashes of Northside.  Empire Lodge was also remodeled to maximize seating and flow.

Deer Valley’s Snow Grooming Gets Better

Major investments in snow-making will pay dividends for years to come and the addition of five new snow-cats will ensure that Deer Valley maintains the best snow grooming operation in the world.

Deer Valley-A good Neighbor

Off the mountain, the resort added forty-four snowmobiles to the fleet at Summit Meadows Adventures as well as securing much needed employee housing.

Important Deer Valley Dates:

The resort opens December 6th with the annual Celebrity Ski-fest and the mountain will close on April 12, 2009. The Freestyle World Cup comes to Deer Valley Jan 29-31 with aerials and mogul events that are free and always worth watching.

Related Deer Valley Info:

Deer Valley Homes

Montage Hotel Deer Valley

St. Regis Deer Valley

Deer Valley Skiing

Bald Eagle Deer Valley Homes

Deer Valley Homes Market Update

Deer Valley Condos Market Update

Posted by Erik Asarian | Currently No Comments »

Deer Valley Homes: Ski Access Preserves Value

As real estate markets around the country have deteriorated along with the global equities markets, there is a bit of good news for some resort property owners…

Do Deer Valley Home Owners With Ski-In/Ski-Out Access Have Down-side Protection?

Deer Valley Home Sales

This chart demonstrates the importance of ski access to property values in Deer Valley, Utah.

The average sales price of all homes in Deer Valley fell 18.05% to $3,245,576 from 2007 to 2008 (through 10/31/08).

The average sales price of ski-in/ski-out homes increased 12.48% to $6,235,958 during the same period.

You can see this divergence on the chart from 2007-2008.

It could be worse for homes without ski-in/ski-out access.

Since the inclusion of ski-in/ski-out homes in the “All Deer Valley Areas” category boosts the average sales price, the market for homes without ski access may have softened even more than the chart displays.

Based on this chart, now could be an excellent time to hunt for deals in Lower Deer Valley, but don’t expect to see substantial declines in Upper Deer Valley Homes or Homes in Empire Pass.

Related Articles:

Deer Valley Homes: Market Sales Stats

Bald Eagle Club: Deer Valley’s Gold Coast

Land Your Private Jet in Heber City

Deer Valley Ranked #1

The Halo Effect of Branded Hotels in Park City & Deer Valley
Park City and Deer Valley’s Best Cash Flow Condos are…

The Best Cash-Flow Condos in Deer Valley (Part II)
Deer Valley Is Not the Only Smart Money Bet in Town (Part III)
St. Regis Resort and Residences, Deer Crest
Dakota Mountain Lodge and Waldorf=Astoria Announcement
Deer Valley Montage Hotel

Posted by Erik Asarian | Currently 2 Comments »

Heber City Airport

If You Fly Privately and You’re Headed to Deer Valley or Park City, Utah…

You may want to take advantage of the Heber City Municipal Airport (Russ McDonald Field).

Heber Airport FBO:  OK3AIR

Heber Airport is Convenient to Deer Valley if You Fly Private

OK3AIR is full-service fixed-base operator.  They offer the following services:

  • Exxon Mobil Jet A and AvGas
  • Large Hangars (up to GIV)
  • 8 Acre Ramp
  • Rental Cars
  • Limo Service
  • Pilot Lounge
  • Catering
  • Flight Planning and WiFi
  • Aircraft Rental

Heber City Airport Arrival Reservations

Here’s the link to quickly and easily make online arrival reservations at the Heber airport.

Heber Airport Runway Information

Facts about the Heber City, Utah Airport

Posted by Erik Asarian | Currently 4 Comments »

Bald Eagle: Deer Valley’s Gold Coast

Deer Valley or Aspen: What’s the Best Value?

If you’re looking for a slope-side estate, you could buy one in Aspen and spend somewhere between $10 million and $135 Million (Prince Bandar bin Sultan bin Abdulaziz’ place).

Or, you can be a smart value investor, like Warren Buffett or John Jacob Astor, and buy further west, acquiring a similar property at a comparatively bargain price.

Your Opportunity In Deer Valley is Similar to That Realized by Mr. Astor 169 Years Ago

Deer Valley Home Exterior

Way back in the 1830’s, Astor became one of America’s richest men by purchasing property just ahead of New York City’s inevitable expansion.

When property values began to soar at one end of the island, growth had nowhere else to expand except in one direction. . .

So, as Astor saw property values in the Wall Street area skyrocket, he bought properties just to the north–directly in the path of inevitable growth–where attractive lots and fine homes could be purchased for a fraction of those to the south.

Then he waited for New York City’s predictable growth to come to him, and push the value of his properties sharply higher.

Such a simple process!

It worked like a charm, and he repeated his strategy again and again, always buying more property a little further north, directly in the path of growth and sharply rising values.

A Similar Opportunity In Deer Valley, Utah

Deer Valley Real Estate Prices

While slope-side properties in Aspen, Vail, and Jackson Hole and are already fully priced, comparable high-end properties are still much less expensive just to the west in Utah.

You now have a similar opportunity with ski property in Deer Valley, Utah–directly in the path of rising values–on the picturesque peak of Bald Eagle Mountain.

Here, among your elite neighbors (Hollywood heavy-hitters and captains of industry), properties are undervalued compared to Colorado, and premier homes can still be acquired for bargain prices compared to other ski resort towns.

864 Reasons Why Deer Valley Real Estate Is Undervalued

The Salt Lake City International Airport is only 36 freeway miles from Park City & Deer Valley.

In 2007, there were 315,502 commercial takeoffs and landing from SLC.  Divide that number by 365 and you get an average of 864 daily flights, with non-stop service to 90 cities around the world.

It’s a busy airport, but it’s impressively efficient…  For the first six months of 2008, SLC had the best on-time record of the 32 busiest airports in the nation.

Even better, if you fly privately, you can land at the convenient Heber City airport, which is just 20 minutes from Deer Valley.

Remember what it’s like traveling to the ski resorts in Colorado?

Chances are, you changed planes en route to your destination.  When your plane landed, you had a couple of hours in the car…  Compare this to skiing in Utah:

Growth is Moving Utah’s Direction.  Are You Ahead of it?

Utah Appreciation Rate

Utah’s infrastructure is in place to support the wave of growth that’s coming.

Utah spent tens of millions of dollars expanding roads prior to the 2002 Winter Olympic Games.

Utah’s economy has remained strong, boasting one of the lowest unemployment rates in the nation, and one of the highest average real estate appreciation rate in the USA, according to OFHEO (See Charts Below).

Utah Skiing…  “This Is The Place”

Utah Unemployment Rate

Brigham Young spoke those words back in 1847 when he arrived at the mouth of Emigration Canyon and first laid eyes on the Salt Lake Valley.  There’s a State Park that bears the moniker.

Apparently, the readers of Ski Magazine agree!

For the second consecutive year, Deer Valley earned the distinction of being North America’s number one ski resort by readers of the magazine.  In fact, Deer Valley has landed on top 4 of the previous 8 years (if you’re counting).

Warning To Deer Valley Imitators

This is not a political chip that editors auction off to the highest-paying advertisers.

It’s the collective votes received from readers of the magazine.

The ranking incorporates the whole “ski experience.” So weather, lifts, grooming, service, terrain quality, ease for families, and snow quality are all factors.

Are you in the habit of picking up luxury magazines like the Robb Report and Town & Country Magazine?

“No Place in North America Does Skiing as Lifestyle Better Than Deer Valley”

Says Town & Country Magazine, which for the past 161 years has been integral to influential and aristocratic America’s art, culture, travel, and social pursuits.

In fact, there has been a wave of editorial articles highlighting Park City and Deer Valley, Utah.

Bald Eagle Club - The Best of Deer Valley?

The Bald Eagle Club is a private top-of-the-world community surrounded by jaw-dropping panoramas of Utah’s rugged Wasatch Mountains.

Much of the surrounding terrain is steep…

Most of the gentle terrain surrounding the community has no potential for further development, as it’s subject to conservation easements and long-term recreation leases with the ski area.

The only areas where homes can be built in the future are at much lower elevations, out of view of the existing homes.

You can see this for yourself…

Bald Eagle Mountain Above Stein Eriksen Lodge

Notice how Bald Eagle is surrounded on three sides by dramatic rocky hillsides and an abundance of ski runs!

Bald Eagle is Guaranteed to Remain Among the Most Sheltered, Exclusive, and Most Beautiful Communities in the Rocky Mountains.

What’s more, Bald Eagle is surrounded on all sides by incredible natural beauty.

While the Northwest border of Bald Eagle meets Silver Lake Village at the distinctive Bald Eagle Gate House, the community has few immediate neighbors.

That is, unless you count the thousands of acres of aspen and evergreen forests, blue waters of the Jordanelle, and the many non-human creatures that call these mountains home.

If ever there was a mountain paradise bordered on all sides by incomparable natural beauty, Bald Eagle is that place.

It is a throwback to the way Deer Valley used to be: rural, quiet, private, relaxed, and unpretentious.

Akin to the hippest neighborhoods of New York and Southern California, the relatively few residences in Bald Eagle are an attractive, eclectic mix of luxurious homes that range from $7 to $15 million with true ski-in/ski-out locations along the slopes of Deer Valley Resort.

New to the Market:  Bald Eagle’s Crown Jewel

A Deer Valley Ski-In/Ski-Out Estate Warren Buffett Would Love…

Because It Represents Exceptional Value.

Of all the residences atop Bald Eagle mountain, perhaps the crown jewel is 7746 Bald Eagle Drive.

This stately home is located about a quarter-mile up the hill from the manned gatehouse. It’s the big home along the ridge that’s nearly invisible from the road, thanks to the generous planting of trees by the original owners.

But don’t let the mature landscaping and extremely private location fool you.

Inside, you’re treated to epic sunrise views looking over the lake to the East, and dead-on ski-run views of Bald Mountain across the canyon.

The property has just come on the market for a shade under $9 million.

Few–if any–Deer Valley homes can match its unique combination of attractions.

First and Foremost: Views Forever

View of Jordanelle Reservoir From Bald EagleObserve the unobstructed sunrise views looking down the canyon at the crisp waters of the Jordanelle Reservoir and millions of acres of National Forest beyond.

Only a handful of lots among the roughly 50 parcels in Bald Eagle have any lake views whatsoever.

When the parcels of raw land in Bald Eagle were first offered for sale in Deer Valley’s infancy, this lot was one of the first to sell.

The 180 degree panoramic mountain views from your living room, kitchen, dining room, master suite, and 6 different guest bedroom suites-almost every room in the house-will remain totally unobstructed forever.

You hardly see your neighbors at all!

Even better, the north side of the home, which is on the ski-entry and nanny’s apartment side of the home, is an easement/neighborhood open space parcel so no home will be built adjacent to you on that side.

Superior Ski Access

Bald Eagle Ski AccessYou may not find many homes with superior ski access anywhere on the mountain.

Here’s how it works…

From the top of the Crown Point Chair Lift, ski down the gentle Sunrise run and turn left off the trail at the small stone wall behind your home.

You’ll pass the two small fenced areas for your dogs, and you click off your skis at the door to your ski prep room.

Quickly & Easily Store Your Ski Gear

Deer Valley Ski Prep Room Extraordinaire!Step inside from the cold and collapse onto the long bench seat to peel off your layers.  The whole family’s gear stays neat and tidy: racks for your skis, individual cubbies for hats and gloves, and boot dryers for 25 pairs of ski boots!

If you’re just stopping in for a quick pit-stop, you’ll appreciate the convenient powder bath at the end of the stone hall.

The ski-out is just as easy.

Click into your skis, and traverse across your yard about 40 feet to the edge of the ski run, and follow it through the tunnel and down to Deer Valley’s famous “Ski Beach” where you can catch one of 6 nearby lifts to access 4 different peaks on the ski mountain.

Artful Architecture

Deer Valley FireplaceThe Otto-Walker designed home has been painstakingly and thoughtfully remodeled in recent years, and not just a coat of paint and some new carpet.

The renovation added a completely new mountain-view master bedroom suite that’s nearly twice the size of the original master.

The unfinished loft area was transformed into a cozy bunkroom for kids, plus a full bathroom for their private use.

The small windows on the south side of the home were replaced with huge floor-to-ceiling windows that capture the spirit of the magnificent natural setting.

The area above the garage features a fully-appointed Nanny’s apartment suite for your staff or “special relatives,” complete with its own kitchen, laundry, and separate exterior entrance.

Grand Chef’s Kitchen With Gorgeous Appliances

Deer Valley Luxury KitchenOn the main level, the Kitchen was transformed into a commercial-capacity kitchen that any professional chef would love.

You’ll find TWO huge Sub-Zero refrigerator/freezers, a 60″ Wolf Range with double convection ovens, six burners, and a huge griddle.

Gorgeous slabs of granite provide ample food prep area, and a walk-in pantry keeps your supplies out of site.

Fine Furnishings

The home has been meticulously furnished with custom Ty Loyola and Ralph Lauren furnishings and fabrics, and the offered price includes nearly every piece, with some art, photos, and personal items excepted.

Serious Saloon

Deer Valley Fine FinishesEver been to an authentic old saloon in a western town?

The stamped copper ceiling harkens to Park City’s storied mining past.

The hand-made furniture in the bar area looks antiqued, but when you open the impeccably disguised cabinets and drawers, you’ll discover modern conveniences like an ice-maker, Sub Zero refrigerated drawers, and a wine cooler.  By the way, it’s been retro-fitted with a large flat screen television that’s conveniently visible from the kitchen too.

Fantastic Floor Plan

The floor plan delivers every amenity you’d want in a ski home. The great room is open to the kitchen, bar, and formal dining room, so you could easily party with dozens of people without feeling crowded.

Not to be overlooked, the unobstructed panoramic mountain views from every room are nothing short of breath-taking and must be seen to be appreciated.

From now on, you can live, sleep, and work, and whenever your heart desires, look upon the vast eternally impressive natural setting.

Success is Sweet in Deer Valley, Utah

Deer Valley Bunk RoomShare your success with those you love, and make a knockout impression on business colleagues.

This home has strong bones, with thick beams, expansive woods, solid doors, high-end fixtures and quality craftsmanship throughout.

It was designed top to bottom to entertain in generous style.

To your guests, this home says success in so many ways.

Seated like a monarch atop a glorious peak…

This 8900+ square foot giant offers 9 generous bedroom suites, 11 baths, massive stone fireplaces, fun kids bunk-room, two wrap-around decks with privacy and views, hot tub, and indoor sauna.

It’s got everything you could want for luxurious family and business entertaining.

Superior Site & Setting

Easy Ski Access in Bald EagleYour property is a spacious 1.14 acres, and it seems ever so much bigger.

Perhaps because that’s because you face the mountains and your “front yard” feels like thousands of acres-unobstructed as far as your eye can see.

That is such a treat because you’ll never know how the mountains will surprise you on any given day.

Deer Valley, Utah:  There’s Magic in These Mountains

Some winter storms carpet your world with the lightest, driest snow imaginable.  It’s so extremely dry that the kids won’t even be able to make it stick together for a snowball bonanza.  Hint: it’s one reason why some people fly halfway around the world to visit Deer Valley, even though it snows in their back yards at home.

Other times, you’ll be amazed at the palate of striking fall colors the oaks and aspens display, from reds to yellows, to gold, against a backdrop of the clearest blue sky you’ve ever experienced.

On other mornings, as you sip coffee on your deck and greet the rising sun over the lake, you’ll watch a hawk hovering over the high peaks, prowling for breakfast.

On a sultry August night, no man-made fireworks show can hold a roman candle to the sight of a summer lightning storm in the distance.  It is so spectacular, you will never forget the sight.

Escape To The Mountains

Yet for all its quiet grandeur, this is a big, comfortable, lovable home on top of a ski mountain.  You’ll use it all winter to make memories you and your family will cherish for life.  Off-season, you’ll steal away from the hurly-burly for long weekends, when there’s little traffic.  You won’t have to make small talk with anyone and you’ll be able to regain your priceless inner serenity by sharing quiet time with just the wind, sky, and peaks.

With windows, floor-to-ceiling glass doors throughout and perfect southern exposure, the rooms are bathed in the golden light for which the mountains and especially Deer Valley are renowned.

Everything about this home is generous-the dramatic 28 foot tall cathedral ceilings, giant living room, huge gourmet kitchen, massive stone fireplaces, and ski room even Stein Eriksen himself would admire.

Buy Nothing Until You Compare It To This

If you are in the market for a mountain-top estate…

If you want to buy into the next ski community to see potentially explosive price appreciation, rather than in communities to the east that have already seen such appreciation…

If you want a mountain-top estate surround and permanently protected on all sides by incomparable beauty in one of the last remaining quiet, relaxed unpretentious enclaves of Deer Valley…

If you are looking for the perfect slopeside home to share your success with those you love or make a strong impression on important business contacts…

Then this is a home you must see before you make a decision to purchase any other.

This estate will not stay on the market forever.  With true ski-in/ski-out Deer Valley locations so limited, and most of it already fully priced, some smart value hunter is bound to pounce, acquiring a trophy home that is both a prize investment and the personal reward of a lifetime.

For more information, please call Doug Tulloch or Erik Asarian at Keller Williams Park City Real Estate.  Toll Free 877-838-2805.

Related Articles:

Deer Valley Homes: Ski Access Protects Property Values?

Deer Valley Homes: Market Sales Update

Deer Valley Condos: Sales Statistics

St. Regis Deer Valley

Montage Deer Valley

Posted by Erik Asarian | Currently 4 Comments »

How To Buy Park City & Deer Valley Real Estate in Your IRA

Wild Stock Market Preventing You From Building Wealth in Your Retirement Account?

If so, you may want to join the growing number of people who are investing their retirement funds in real estate.

There’s real long-term investment growth potential in using tax-deferred funds to purchase property.

The Problem With Most IRA’s

Most IRA Custodians–like brokerage companies and banks–limit your investment options to instruments that benefit them!

They offer you a menu of choices that include cash, CD’s, stocks, bonds, mutual funds, ETF’s, etc…

But Wait…You Have Other Options!

In reality, the IRS code does allow retirement plans to invest in a much broader selection of investments like:

  • Real Estate (land, condos, commercial property, etc…)
  • Leases
  • Trust Deeds
  • Tax Lien Certificates
  • Commodities
  • Limited Partnerships
  • Mortgage Notes
  • Secured & Unsecured Loans
  • And More…

To successfully navigate the IRS Code, you must find a professional firm who is experienced with this process.

Real Estate IRA Step #1: Find a Competent “Custodian”

The first step is to find an IRA Custodian that is experienced at handling the details of this process.

This has become a popular niche in recent years, and it shouldn’t be too hard to find a competent custodian.  Ask your CPA or tax attorney if they handle “Self-Directed Retirement Plans” or who they would recommend.  We just did a quick search on Google, and you’ll find lots of specialists promoting their services online.

You can’t serve as “Custodian” of your own account, and the “Custodian” is the firm who actually holds title to the real estate. Do your homework, and understand the process.

Real Estate IRA Step #2: Find a Suitable Property

You’ll probably want to enlist the help of a competent local real estate broker to find a suitable property.  They’ll also help you manage all the little transaction details.

This is your retirement fund we’re talking about, so let the experts help you navigate the process and avoid surprises!

In addition to domestic homes, condos, land, and commercial properties,  some custodians may permit you to purchase foreign property.

Real Estate IRA Step #3: Assembling Your Funds & Closing

Sometimes purchasing a property may require more funds than you currently have available in your IRA account.

Don’t despair! You can purchase an interest in the property in conjunction with other individuals.

What about your spouse, a business associate, or a friend–are their retirement plans declining in value from over-exposure to the stock market too?

Borrowing funds is possible, but the loan must be a non-recourse loan.

A non-recourse loan is secured by a pledge of collateral–typically real property–but for which the borrower is not personally liable. If the borrower defaults, the lender/issuer can seize the collateral, but the lender’s recovery is limited to that collateral.

Non-recourse loans are still available, even in today’s risk-averse lending environment.

Expect lower loan-to-value ratios than with conventional financing, and you’ll often need to have 30-40% of the purchase price as a down payment.

A title/escrow company will prepare the closing documents, along with your custodian.  At closing, the title to your newly-acquired property will reflect the name of your IRA Custodian for your benefit

Real Estate IRA Step #4: Operating Your Property

All expenses, including taxes, insurance, and repairs, must be paid from funds in your IRA.

You’ll need extra liquid funds available to pay these expenses.  These funds can come from the deposit of rental income from the property into your IRA acct, or making annual contributions as the law allows.

Real Estate IRA Step #5: Selling Properties Held By Your IRA

It is possible to sell properties while they are held by your IRA, provided that the purchaser is not a family member.

After your sale closes, your IRA account now holds the cash proceeds, and you’re free shop for new investments!

Intrigued?  Here’s Your Next Step…

If you would like to learn more about how you can invest some of your hard-earned retirement savings in Park City & Deer Valley real estate, please complete this short form:
Our Privacy Policy: It’s simple.  We will not share your contact info with anybody for any reason.  Period.

PS: The process may sound a bit intimidating…but with the right experts helping you every step of the way, you’ll be surprised how quickly and easily you’ll be on your way to making your retirement dollars really work effectively for you.

*A Few Important Notes:

The IRS will not let you occupy your IRA-Owned property as a primary residence.

Furthermore, you cannot place real estate that you already own into your own IRA.

* This article is a highly simplified overview of a technical and specialized process.  You should consult with an attorney, your CPA, and a qualified Custodian to complete an IRA real estate investment.

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Posted by Erik Asarian | Currently 1 Comment »

Deer Valley #1 Resort In North America…Again!

2008-2009 Ski Magazine Rankings Name Deer Valley #1

Readers of Ski Magazine once again voted Deer Valley, Utah the number one ski resort in North America.  The survey tracks the continent’s best ski resorts, based on quality of terrain, snow, grooming and more.

Deer Valley, Utah Wins Coveted Award for Second Consecutive Year

En route to the “Number 1″ ranking, Deer Valley topped all other resorts for weather, Service, On-Mountain Food, and Grooming.

It also received high marks for Lifts (#4), Family Programs (#7), Apres Ski (#8), Lodging (#2), Dining (#2), Off-Hill Activites (#9), Access (#2), and overall satisfaction (#4).

This is the 4th time that Deer Valley has won the coveted “Top Resort” award.

Other Park City Resorts also received high marks.  Park City Mountain Resort was honored as the #5 overall resort, and The Canyons Resort was #13.

Utah Resorts Win With Easy Access & Great Weather

Not surprisingly, Utah resorts scored very high marks for “Weather” and “Access.”

These two key factors play a critical role in family vacations, and Utah resorts are notorious for their seductive combination of fresh powder and sunny days.

While all Utah resorts are the lucky beneficiaries of sunny days and easy airport access from Salt Lake City, resort operators have optimized their guests’ experience with savvy strategies.

The Deer Valley Difference

Deer Valley keeps winning the “Top Resort” award for good reasons. Management has done a great job recruiting, training, and retaining great employees who make your ski experience memorable.

How many other resorts cap the number of daily lift tickets sold?

Here’s what’s funny…

Ask locals what their favorite Park City ski resort is, and they don’t all agree!

What’s your favorite Park City ski Resort?

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Posted by Erik Asarian | Currently 4 Comments »

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