At UtahLuxury.com we understand that people want to see beautiful homes. If it isn’t luxurious then it doesn’t belong here. So we put together a list of what features a luxury home in Utah should have.
1. Location - The obvious real estate law will never go away. Every home that has ever sold [...]
7042 Powderhorn Court
Park City, UT 84098
Pre-MLS Listing Opportunity!!!
Owner MUST Sell Quickly
Listed 25% Below Appraisal Price
$2,350,000
Beautiful Custom Home Just Completed in Promontory Ranch Club.
Ideally Located on Lookout Ridge at the end of a cul-de-sac with unobstructed views of Deer Valley, Park City Mountain Resort and The Canyons Resort.
Distinctive Quality & Design
At just under 5800 sq. ft., [...]
By: Phoenix Delray
Luxury real estate is a very small niche in the real estate market that is tailored to meet the needs of the highest socio-economic group of consumers. This type of real estate is much different than the normal market because it requires a very high degree of care and responsibility on the part [...]
By Kalinda Rose Stevenson, PhD
Can the Federal Reserve stop a recession or prevent inflation by its actions? On Tuesday, August 5, the Federal Reserve voted to keep the interest rate for banks unchanged at 2 percent. Although I am by no means an expert on the economy and the role of the Federal [...]
Fannie Mae is making bold cutbacks that will send shock waves through the mortgage market, after posting a quarterly loss Friday that was three times larger than Wall Street expected.
To slow its financial decline, the mortgage finance giant slashed its dividend to 5 cents a share from 35 cents a share and said it will eliminate loans for borrowers with solid credit scores, but little proof of income or small or no down payments.
The company also is raising its mortgage fees, which will be passed onto borrowers as higher interest rates or closing costs.
With Fannie Mae and its sibling company Freddie Mac becoming more risk-averse, fears are building that mortgage rates will keep climbing, making it harder for people to afford a mortgage or refinance their home, and spur even more foreclosures.
“We are already in that spiral,” said Chris Mayer, real estate professor at Columbia Business School.
Certainly you expect a resort community to offer private club facilities for your own gratification, and Promontory definitely delivers. The rustic elegance of our stone and timber Ranch Clubhouse brings modern luxury to the grand lodge tradition. But steps away is something quite unexpected - a Kids-Only Clubhouse. The 5,000-square-foot Kinnikinnick Cabin is a [...]
Author: Ed Lathrop
Probably the longest commitment we ever make in our lifetimes is the 30 years we commit to a mortgage. There isn’t too much we can count on having after 30 years, but unless we sell our houses or hit the lottery, we can be sure we will be paying off our mortgages [...]
By Hiroe N
If you’re in the right place facing the right direction doing the right thing at the right time, you’re in tune with the universe. Are you? The basic principle of Feng Shui is to live in harmony with your environment so that the energy surrounding you works for you rather than [...]
By Lew Corcoran
Whether you’re renting a house, apartment, condominium, townhouse or even a mobile home, other than affording you shelter, your rent payment is like throwing money out the window every month. There are many reasons owning your own home is significantly more beneficial than renting, though you will seldom hear about or see [...]
By Martin Davis
If you are currently considering selling your home then there are certain things that you can do to ensure that you get that all important sale. Certainly, with the way that the economy is currently selling your home has become more difficult and it is now a buyer’s market. Below we offer 10 [...]