Thursday, December 11, 2008

Snow is on the way

Deer Valley Ski resort opened last weekend with a limited amount of ski runs open. The good news is WE ARE SKIING! Even better news is that a major pattern change in the weather is forecast for this Saturday. It appears that winter will finally arrive as storms are stacked up in the Pacific and are aimed at Utah. If the forecast holds true I expect that by the weekend of the 19th all of the resorts should be near to 100% open...just in time for Christmas.
Alta and Snowbird are about 70% open with terrific skiing. I expect to make the trip over to Alta this weekend to experience for myself the new snow. It looks like we may get several feet of snow over the weekend. And I will report on this next Monday.
In real estate news, while sales are certainly sluggish, they are not dead. Buyers are here and many are finding excellent bargains and are realizing that this is a great time to pick up a ski property. Instead of losing another ski season, without having a 2nd home here, deriving excellent income and enjoying the use of it, this really is a unique time and opportunity to invest in Park City/Deer Valley.
With Christmas rapidly approaching the town will be busy and the condos full. So plan a vacation in January when the skiing is fabulous and no one is here. The first two weeks right after Christmas is historically a very quiet time as everyone is recovering from the Christmas holidays. The last 10 days of January the Sundance Film Fesitval comes to town. While the town is crowded, the ski slopes are empty. The end of January is the perfect opportunity to have the mountains to yourself and be able to take in some of the Sundance films. Start planning your trip now and come see why Utah’s motto is “The greatest snow on earth”.