Blog

Our subject matter is largely made up of questions we are asked by clients and other individuals considering Park City as a place to own or to visit. Most of the questions we are asked pertain to our Golf and Ski communities, but we welcome any questions relating to the Park City market or any real estate topic. We will address every question honestly and answer to the best of our ability. We respect our competition but we don’t shy away from discussing differences in product and services when asked. In addition to answering your questions, we enjoy sharing stories of our clients successes, open houses and Golf, Ski and community events of significance.

 

Park City Real Estate News

By Darrick Olsen
Oct 31, 2015

The transition to Engel & Voelkers Park City has been phenomenal.  To us, it is headline making Park City Real Estate News.   Joe and I appreciate being welcomed and endorsed by owners and advisors of the leading, luxury real estate brand.

Autumn Ski Runs Autumn Hike, Ski Run Views - Water and Mountain

By combining the global presence and premium branding of Engel & Voelkers Real Estate with our specialized grasp of the local market and commitment to our profession, we are benefiting our clientele with a  tailored level of service.    This is an exciting time.

Park City real estate news is constantly changing.  When we are not  taking a listing or touring properties with buyers, Joe and I  are visiting contractors on job sites, meeting with colleagues, holding and attending weekly open houses, studying architecture, build and design trends or researching the Park City/Deer Valley markets. We know the latest Park City Real Estate News.

And, we are always enjoying the Park City lifestyle with family and friends.  Wouldn't you enjoy getting to see  that view with your family?

Find a Park City Real Estate Agent

By Darrick Olsen
Oct 12, 2015

The best Park City real estate agents help their clients buy and sell real estate.  Engel & Völkers - Trabaccone Olsen Advisors does more.  We offer you guidance and insight in ways not every agent can.  In fact, we are designates as "Advisors", to better define the higher level of service we provide.  Engel & Völkers - Trabaccone Olsen Advisors maintains consistently high levels of service experience by managing performance at every level and having a deep understanding that client service is essential.  We start out great and always strive to be better.

On Deck - Dillon & Andrew Playing a Private Client Event On Deck - Dillon & Andrew
Playing a Private Client  Cultural Event

First and foremost, we are the experts. We can recommend restaurants, movie theaters, financial institutions, popular tourist attractions and cultural events. Most importantly, we can talk about the Park City real estate market and where your property is in the bigger picture.   We will provide you with valuable insight that is relevant to your personalized needs and see to every detail throughout the process so you won't have to worry.

 

 

 

We Are Bullish On Park City and Deer Valley

By Darrick Olsen
Nov 24, 2014

Bulish on Park CityAfter spending two full days scoping out real estate, everything we have seen tells us the real estate market is improving and will keep improving.   Not only is new construction underway in every neighborhood we visited, each neighborhood has multiple homes in various stages of construction and re-model.  It seems spending $4.5m for a home and another $2m remodeling it is the new normal.   The dramatic increase in the amount of commercial construction provides additional validation that we are in a Bull Market.  Not a speculative market, but a solid and legitimate increase in real estate prices and value.   What did we confirm on our two day tour?   Approximately 90 percent of the new residential construction are custom built homes.  An almost equally large percentage of development product has reservations made and end users waiting.   The commercial development under construction is owner use or has already been leased.  Overall inventory is low.  So, what's missing? Answer:  New homes in ski and golf communities.  It's no secret buyers want new.  It is very difficult to find a buyer a new or very recently remodeled and updated product of quality that has a modern/contemporary, new and fresh feel; and a simple, functional floor plan.  Not only did Joe and I spend two full days last week, we spend at least one day a week every week - much like a picker hunts for art and antiques - looking for the best lots, builders, architects and locations for our clients.  We know Park City, Deer Valley and the surrounding areas.  If you want to know what we know, give us a call or contact through our web site.  Bulish on Park City

UPDATE: PCMR v. Talisker

By Darrick Olsen
Jul 31, 2014

 

Some current news regarding the fight for Park a City Mountain are sort.

PCMR v. Talisker: mayor expresses doubts about progress

Statements 'devoid of any real or meaningful solution,' Thomas says Jay Hamburger, THE PARK RECORD POSTED: 07/29/2014 01:20:37 PM MDT13 COMMENTS

Mayor Jack Thomas on Monday issued a prepared statement that appears to express doubts about the progress being made by Park City Mountain Resort and Talisker Land Holdings, LLC as the two sides in a high-profile lawsuit attempt to reach an agreement through mediation.

A filing late last week by Talisker Land Holdings, LLC apparently prompted the mayor's statement. Talisker Land Holdings, LLC and Vail Resorts indicated they would not oppose a PCMR request to stay the enforcement of an eviction order if the resort side posts a bond. The amount of the bond has not been set. Vail Resorts is overseeing the case as part of its long-term agreement to operate the Talisker corporate family-owned Canyons Resort. The deal could be extended to the disputed land underlying most of PCMR's terrain depending on the outcome of the case.

"This latest statement by Talisker only further confirms what has become an all too disturbing pattern of public statements devoid of any real or meaningful solution. For either party to operate the resort next season, each must be willing to compromise and leave something on the table," Thomas said.

Thomas, meanwhile, says there "appears to be a serious disconnect between what both Talisker/Vail and Park City Mountain Resort (PCMR) claim they want and what the community is getting - a fully operational ski resort next season and beyond."

He said there needs to be an agreement that ensures PCMR operates during the upcoming ski season. There have been increasing worries in recent weeks, particularly by the business community and City Hall, about the impacts of PCMR not operating during the 2014-2015 ski season.

"Any attempt to lighten the burden of litigation by narrowing the issues is positive and reassuring. Yet it remains unclear what Talisker/Vail is giving up by this action, and provides no solace for the thousands of area residents and businesses who continue to live in uncertainty," Thomas said.

City Hall was largely uninvolved in the case until recently. Park City leaders, though, became worried about the effects on the community, including the local economy, if PCMR did not open for a ski season or operations were greatly scaled back as a result of the lawsuit.

Thomas in mid-June sent a letter to the top executives at PCMR parent Powdr Corp. and Vail Resorts saying he and the Park City Council were "disappointed" in the progress. Thomas in the letter said City Hall would pay to hire a mediator. The judge ordered the sides into mediation shortly afterward.

The mayor's Monday statement:

"While we applaud Talisker's statement that they are mindful of the uncertainty this legal proceeding is having on the community and the upcoming 2014/2015 ski season, there appears to be a serious disconnect between what both Talisker/Vail and Park City Mountain Resort (PCMR) claim they want and what the community is getting -- a fully operational ski resort next season and beyond.

This latest statement by Talisker only further confirms what has become an all too disturbing pattern of public statements devoid of any real or meaningful solution. For either party to operate the resort next season, each must be willing to compromise and leave something on the table.

Any attempt to lighten the burden of litigation by narrowing the issues is positive and reassuring. Yet it remains unclear what Talisker/Vail is giving up by this action, and provides no solace for the thousands of area residents and businesses who continue to live in uncertainty.

Though Talisker claims minor progress, there remains an immediate need for a short-term solution that confirms resort operations this year. If the parties cannot mutually agree upon a bond amount, Talisker/Vail and PCMR should continue to consider a broad range of attainable short-term solutions that meet their public commitments to support our community, businesses, and residents with a fully operational resort.

Lastly, it shouldn't be lost on anyone that this so-called "non-opposition" statement comes at a time when mediation is underway, yet PCMR and Talisker/Vail still have not accounted for resort operations for the 2014/2015 ski season."

Tuhaye Member-Guest 2014

By Joe
Jul 30, 2014

Tuhaye Member Guest Winners

Kyle Arnold and Guest Overall Winners

 

The Tuhaye Twin Feathers Member-Guest tournament was held this past weekend. It was a three day event full of fun and excitement with a playoff that was spectacular. Usually, three holes determine the winner but this year five players went for the green on the 9th hole (Par 4) with their tee shot. Two shots landed within 8-12 feet from the hole. The tie for first place continued with four more holes where Kyle Arnold and his guest finally won. Pat Prothro missed a three foot put to take second with his partner, Jeff Keye.photo 3photo 2

 
 
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