Thursday, October 27, 2011

Park City Mountain Resort Goes Green

With all the talk over the last several years of global warming (or more correctly, climate change) and the concern that we have of ever-rising snow levels, the three Park City resorts have been taking steps to reduce and hopefully eliminate their carbon footprint. Several years ago both the Park City Mountain Resort and Deer Valley Resort purchased wind power electricity and converted their fleets of snow groomers to bio diesel. This year Park City has gone a step further and installed a wind turbine at the top of the mountain along with solar panels with the goal of becoming completely independent from conventional electricity and using only renewable sources. This is a great move and I believe we'll see more and more resorts going this direction.

Last week I talked about my Hero Tree in the backyard that stays green well after the other trees have turned golden. This last weekend it finally gave up and started to turn. I guess this means the end of fall has arrived. While there's still a few splotches of gold in the mountains the leaves are coming off pretty quickly and we're entering the brown season. The brown season is when all the leaves are gone but snow has not yet arrived. It looks like we're going to get another small shot of snow this week and with very cold temperatures. I was just in Deer Valley purchasing my season pass for the year and saw that they had the snowmaking guns out. This is a good opportunity to remind everyone that on November 1 season pass and coupon book rates increase at our local resorts.

Continuing as we have been all fall, there is nothing terribly exciting in real estate  happening. However the past week my phone's been ringing with inquiries for ski condos prior to the start of the ski season. Prices continue to be low and interest rates remain at historic lows and buyers are taking advantage of this. On the flip side, as I mentioned last week, the number of new properties listed are decreasing significantly which is making it harder to find steals. There are great deals out there but I would caution buyers that if they're looking and find something that fits their requirements not to dawdle.

Last weekend the new Warren Miller ski film, Like There's No Tomorrow, premiered here in Park City and now of course everybody is enthused and ready for the start of ski season. If this film comes to a town near to you I recommend seeing it as it's one of his better ones in the last several years. With that, I hope to see you on the mountain this winter!