Thursday, January 10, 2008

January 2008

Now that the Christmas holidays have ended I can step back and reflect on this year’s holiday season. This Christmas was the busiest that I have seen for real estate. With the exceptional snow, the town was completely full and guests experienced the best possible conditions on the mountains. I talked to numerous guests who were here for the first time and couldn’t stop commenting on what a fabulous place this is. The ease of getting here, the wonderful town and its restaurants, and so much variety in skiing that they wondered why they hadn’t been here before and that they really needed to own a place here. I also talked to many guests who have been coming here for several years and have decided that it’s really time to buy. Many guests felt that with the slightly slower market that this is the right time to purchase when they have choices and sellers have more negotiable than during times of the hot market.

The first couple weeks of January are typically very slow and an excellent time to come out and visit. January 17th starts the Sundance Film Festival for 10 days where the town will be hopping with independent filmmakers trying to sell their new films, celebrities looking to be seen in the hot spots around town and visitors looking to catch a glimpse of the celebrities. During the Sundance Film Festival the town and the restaurants may be packed but the ski slopes are empty as everyone is attending films. Many of my clients are now realizing this and while it may be difficult getting dinner reservations, it is a fabulous time to ski with the best snow and no crowds. Come out, take a look around, and see why Utah is known for “the greatest powder on Earth.”