Deer Valley has a well deserved reputation for being a great place for family ski vacations and Travel & Leisure has just named the St. Regis at Deer Valley as the Number One Hotel for Families in the U.S.

That is high praise for this relative new comer to Park City especially considering the other 5 Star family friendly resorts such as the venerable Stein Eriksen Lodge and the acclaimed Montage at Deer Valley.

Now, the snowboarders in the family can not rip the famed courduroy of Deer Valley as it is a skiing only mountain, but Park City has a ridiculous abundance of ski and snowboarding choices, with no less than 9 world class resorts less than an hour's drive from this bucolic mountain town.

The ease of access from Salt Lake International…

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Deer Valley & Park City Real Estate Prices

Nobody rings a bell at the bottom...or do they?

If you've been reading our regular Park City Foreclosure Updates, you won't be surprised to learn that distress sales are becoming harder and harder for value-conscious buyers to find.  And if you're a skeptic, don't take our word for it.  Here are the cold, hard, facts...

park_city_distress_sales_trends_580

See how the number of NOD's (Notices of Default--number of new borrowers 90+ days delinquent on their loan payments) has dropped in 7 of the past 11 quarters in Summit County?  Looking at the # of NOD's is a quick and easy way to forecast how many properties banks will take back at Trustee's Sales in the months ahead.  The chart above shows this lag, and it relates very closely with the…

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