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Monthly Archives: December 2022

    Why is real estate in Park City expensive?

    By Mary Frances Rose | December 9, 2022

    As of September 2022, home prices in Park City, Utah saw a year-on-year uptick of 36.8%, with properties selling for a median price of $1.9 million. The last decade also saw homes in the locale appreciating by an astounding 93.4%. Based on these numbers, it’s easy to see that the Park City real estate market... Read More

    Impact of Utah’s short-term rental market growth

    By Mary Frances Rose | December 9, 2022

    Way back then, going somewhere for a vacation meant staying at a hotel or other type of professional lodging provider. However, with the rise of short-term rental platforms like Airbnb, VRBO, HomeAway, and other similar apps, tourists now have a wider choice of accommodations at their fingertips. These apps have opened up a new avenue... Read More

    Should you invest in an Airbnb in Park City, Utah?

    By Mary Frances Rose | December 9, 2022

    Park City has a thriving vacation home rental market, largely due to the high tourist arrivals to this remarkable resort town. Given this opportunity, converting your Park City vacation home into an Airbnb or buying one for this purpose may seem like a great idea. Then again, know that running an Airbnb takes more than... Read More

    When is the right time to buy or rent in Park City, UT?

    By Mary Frances Rose | December 9, 2022

    Buying a home has become a lingering dream for many, especially in recent times when inflation and interest rate hikes have been making the journey toward homeownership a bigger challenge. An alternative could be renting a home but even that has its own challenges. Thus, if you feel that Park City, Utah is your next... Read More