NOW is A Great Time to Buy at Promontory!

Karin Wilson, a member of the Executive staff at Promontory, says NOW is the time to buy at Promontory! ” We all want to make good decisions when it comes to buying Real Estate, especially when it’s intended to be a place for our family to create lasting, inter-generational memories.  Most of us have stayed on the sidelines, in spite of great deals, waiting for a sign that it’s time to start paddling in order to catch the next wave.  Now, at long last, the signs are pointing to recovery in the markets and we’re beginning to consider grabbing something for ourselves while pricing is still great.  WSJ.online reports that 71% of the people surveyed by Fannie Mae in December think that now is a good time to buy a house.  Sure, maybe you missed some of the screaming deals, but now that the uncertainty is out of the picture, you can confidently make a move that you and your family will appreciate for generations.”

So why Promontory, when there are lots of other private golf and recreational communities out there?  You might think that you could still get a bargain at a number of other recreational communities, but none compare to Promontory! Karin says, “Promontory’s exclusive  Pete Dye Golf Clubhouse with  luxurious locker rooms and Hearth, a fine dining restaurant make a day of golf to remember.  The kids love the  “Kid’s Only” Cabin. Ski in and ski out with our members only  Deer Valley Ski Lodge joined with our retired winter, Olympian, will make your day complete on the slopes. The beautiful  Equestrian Center is state of the art. The main clubhousewith its  year-round heated pool is one of the many amenities offered to club members.  It’s clear to see the difference — at Promontory, it’s all here, now.  Promontory just celebrated its 10-year anniversary and our promise of “More Country, More Club” is a promise delivered.”

Continuing with promises delivered, Karin reminds us that “Promontory continues to grow and innovate.  Last July we broke ground on our newest amenity, The Shed. This 15,000 square foot facility is a place for the whole family.  This July, when it’s complete, Promontory’s members will enjoy its Art Studio, Movie Theater, Outdoor Amphitheater, Indoor Basketball arena and nostalgic Soda Fountain.  The casual restaurant will be filled with all sorts of games, from Pac Man and billiards to two full lanes of bowling.”

Promontory is located in Park City, Utah, just 30 minutes from Salt Lake International Airport, without a single stoplight to slow you down.  Park City is home to two of the top 5 Ski Resorts in North America, Deer Valley and Park City Mountain Resort.  Both have Utah’s signature Champagne Powder, dubbed the greatest snow on earth.  Park City’s Main Street is home to a number of great shops, restaurants and bars, and is flanked by the Brew Pub on the top of the street and the Whiskey Distillery at the bottom of the street.  In fact, Park City is the top selling community for 2011 in the Rocky Mountain Resort Alliance, including the top ski communities of the Western United States.

So don’t wait to start looking for your vacation home –NOW is the time!  Promontory has made the decision an easy one for you and your family.

If you would like to learn more about Promontory, please visit our website at www.promontoryclub.com.  Our sales team  is happy to show you why NOW is the time to buy!

The CEO Keller Williams Park City has left to join Summit Sotheby’s International Realty.

David Johnson, who was a highly respected real-estate attorney before becoming a broker in 2005, will become managing broker at the Park City branch of Summit Sotheby’s.

Thomas Wright will continue as president and principal broker, but Johnson will manage day-to-day affairs, including the training of agents.

“He will do what David Johnson has become so respected for: helping agents and working with clients,” Wright said.

Johnson is well respected for his customer-service skills, Wright said.

“He’s the best problem solver agents have ever worked with. He wants a transaction to work and will make it work for everyone,” he added.

According to his biographical information on the Keller Williams website, Johnson gave legal counsel to the Utah Association of Realtors, the Park City Board of Realtors, and even led the Utah Division of Real Estate prior to becoming a broker. Many of the forms Realtors use today were written by Johnson.

Wright said his company recruited Johnson and believes many of their peers will recognize it was a good move for him.

“He has friends in all the brokerage firms, and they’ll respect his decision because they respect him so much. You want your friends to make the best decision for them,” he said.

Johnson was on vacation when reached Thursday, but gave this comment: “The Sotheby’s brand is associated with quality. Their offices in

Park City and Salt Lake have an outstanding group of experienced agents, and I am particularly impressed with their leadership and energy. I look forward to assisting Sotheby’s in their commitment to providing the highest level of real estate brokerage services available.”

See the full article at the Park Records website – www.parkrecord.com

LuxuryRealEstate.com, a Webby Award Honoree, has been voted ‘Best of the Web’ by Forbes magazine multiple times, praised by the International Herald Tribune, Town & Country, the Wall Street Journal and has been ranked ‘Best Website’ by consumers according to surveys by the Luxury Institute. Since its debut in 1995,LuxuryRealEstate.com has remained the #1 portal for luxury properties on the internet, consistently driving more traffic to member websites and generating more qualified inquiries than any other website.LuxuryRealEstate.com has several times more $1,000,000+ content of any near-peer.

Honors & Awards

• Best of the Web and ‘Forbes Favorite’ by Forbes magazine for eight consecutive years
• Ranked #1 luxury real estate website by consumers and the Luxury Institute LLC
• Ranked #1 in searches for “luxury real estate” (as well as other similar terms) on popular search engines such as Google, Yahoo!, and MSN
• Webby Award Honoree

Who’s Who in Luxury Real Estate

Known in the industry for the last quarter-century as the Who’s Who in Luxury Real Estate network, a global collection of the finest luxury real estate brokers in the world, this group of more than 70,000 professionals in more than 85 countries collectively sells in excess of $190 billion of real estate annually, with an average sale price of $2,450,000. Members sell homes for record prices and handle transactions of incredible complexity and magnitude with complete discretion. Every member is carefully selected by CEO/Publisher John Brian Losh, one of REALTOR Magazine’s 25 Most Influential People in Real Estate and broker of fine properties and estates through his Seattle-based brokerage firm, Ewing & Clark, Inc.

Summit Sotheby’s felt it was important to partner with LuxuryRealEstate.com and showcase our premier listings on the world’s leading luxury real estate portal.

The mountain living lifestyle conjures up images of snow-capped trees and ski adventures. But one of the best kept secrets of the mountain region is its appreciation of its culture—and the way it is celebrated. The towns of Sun Valley, Idaho, and Park City, Utah, prove that while skiing may bring you in, their summer activities will convince you to stay.

Under the Stars and Mountaintops

Park City is known as a world-class mountain resort and as the venue for the 2002 Olympic Winter Games. But what many may not know is that Park City also offers some of the most entertaining arts and concerts under the stars and mountaintops.

From outdoor Utah Symphony concerts to the Kimball Arts Festival and Deer Valley Music Festival, music is in the air. Those who appreciate the culinary arts enjoy “Savor the Summit,” also known as Park City’s longest dinner party. It is a unique dining experience designed to kick off the summer season, with one long table set in the middle of historic Main Street so Park City’s finest restaurants can showcase their best dishes in an open-air atmosphere.

Historic Main Street brings the Old West back to life. Many of the buildings on Main Street that can be found on Main Street today date from the 1860s, when Park City was founded as a silver-mining town. Today, Main Street is home to shops, fine dining, art galleries, bars and live music establishments.

“Buyers have recognized that now is the ideal time to purchase in Park City,” said Thomas Wright, broker, Summit Sotheby’s Inter- national Realty in Park City. “Our firm is seeing an increase in the number of units we are selling as compared to previous years. For those wondering when the right time to buy is, that time is now. Great properties at spectacular prices are readily available.”

One of the most stunning homes in Park City is available through Summit Sotheby’s International Realty. With panoramic vistas of the surrounding mountains, this incredible home invites the outdoors in.

View more at http://online.wsj.com/ad/article/sir-brand?WC=HPBRThumb

The Hyatt Escala Lodge is currently being featured on our NY Times “Essence of Extraordinary Living” microsite http://www.nytimes.com/ads/public/sothebysrealty.  Our listing will be showcased on the site until September 1st. Located within the mountainside village of the Canyons, The Hyatt Escala Lodge at Park City is just 30 minutes from the Salt Lake City airport. One of the most accessible ski destinations in the world, Park City has long been loved by resort seekers and hardcore athletes alike. Bringing a new level of sophistication to the destination, the resort is reminiscent of the Grand European lodges of a bygone era.

If you’ve got cash, pick up a future resort retreat now at a bargain price.

This past February Linda and Patrick Gallagher fell in love with the dazzling Caribbean view from a two-bedroom villa perched on the hillside above St. John’s Cruz Bay in the U.S. Virgin Islands. They scooped up the property, which had been listed for as much as $1.495 million, for only $960,000–all in cash.

The Katonah, N.Y. couple bought the villa, called Perelandra, as a future retirement home. While Linda, 57, retired last year from her job as a school librarian, Patrick, 60, plans to work a few more years as chief financial officer at the public relations firm Robinson Lerer & Montgomery. “The price was the impetus to buy now,” Linda says. “We had vacationed there several times, so we knew the island and had been looking for over a year. We realized that if we waited, and prices came back up, we wouldn’t be able to do it. So we sold stock and bought. It felt like paradise.”

According to the 2011 National Association of Realtors Investment and Vacation Home Buyers Survey, vacation-home buyers in 2010 had an average age of 49, and 34% planned to use the property as a primary residence sometime in the future. If you’re looking to pick up a bargain retirement home now, visit this link for some pointers. http://www.forbes.com/forbes/2011/0627/money-guide-11-real-estate-gallagher-nar-vacation-retire-later.html

New Listing 2650 Cliffrose Ct. MLS#9989556 | 1043076 LaFon & Gottfredson $2,395,000
New Listing 2401 Logan Way MLS#9989541 | 1042845 Heidi Ingham $399,000
New Listing 2930 Estates Drive MLS#9989563 | 1043116 Kathie Manangan $1,175,000
New Listing 2186 Boulder Dr., Midway MLS#9989569 | 1043151 Eastman/Flint $40,000
New Listing 1365 W. 365 N., Midway MLS#9989571 | 1043192 Hilma and David Bellessa $355,000
New Listing 4710 S. Zimmerman Lane, Moab MLS#9989575 | 1043547 Shoaf/Lawson $795,000
New Listing 3558 N. Escala Ct. #148 MLS#9989579 | 1043316 Court Klekas $495,000
New Listing 2880 Deer Valley Dr. #6439 MLS#9989584 | 1043355 Paul Benson $1,150,000
New Listing 238 S. 3300 W Charleston MLS#9989568 | 1043219 Marc Coulam/Heidi Ingham $899,000
New Listing 7815 Royal Street A-409 MLS#9989586 | 1043391 Linda McReynolds $1,385,000
New Listing 5860 Mountain Ranch Dr. MLS#9989596 | 1043454 $1,415,000
New Listing 2700 Gallivan Loop #62 MLS#9989600 | 1043486 Steve Pratt/Erin Smith $775,000
New Listing 8210 Sunrise Loop MLS#9989599 | 1043481 LaFon/Gottfredson $2,995,000

Price Revision 2052 Saddlehorn Dr. MLS# 9988352 | 1030175 Chad Shriner $1,070,000
Price Revision 3000 S. Greenbriar Way, Heber MLS# 9987944 | 1018283 Christie Wilkes $139,000
Price Revision 2653 Canyons Resort Dr. #221 MLS#9987411 | 1008079 David Lawson $270,000

Under Contract 8819 Highfield Rd MLS#1031204 Sharon Eastman $549,000
Under Contract 7773 Greenfield Drive MLS#9983000 | 932946 Marcie Davis $1,990,000
Under Contract 3780 Saddleback Rd MLS#9989070 | 1037053 Jim McHugh $479,000
Under Contract 8809 Ranch Club Court MLS#9987626 Karen Keating$1,149,000
Under Contract 5192 Canejo MLS#9988708 | 1032525 Heidi Ingham/Marc Coulam $489,000
Under Contract 601 N. Homestead Dr., Midway MLS#9989185 | 1038313 David & Hilma Bellessa $229,000
Under Contract 2880 Deer Valley Dr. #6439 MLS#9989584 | 1043355 Paul Benson $1,150,000
Under Contract 853 W. Benjamin Place, Kamas MLS#9983249 Joe Trabaccone $359,900
Under Contract 900 Bitner Rd F-31 MLS#9988919 Paul Schenk SSIR $169,900

Floor Time Reminders For Wednesday 13th
Park Ave: 9-12 Hank | 12-3 Scott M. | 3-5:30 Carrie
Main Street: 10-1:30 Heidi | 1:30-5 Paul K. | 5-8:30 Robyn
Deer Valley: 9-1 Karin G. | 1-5 Dennis

Floor Time Reminders For Thursday 14th

Park Ave  9-12 David L. | 12-3 Trish | 3-5:30 Kathie M
Main St  10-1:30 Whitney | 1:30-5 David | 5-8:30 Cam
Deer Valley  9-1 Paul S. | 1-5 Linda M.

Floor Time Reminders For Friday 15th

Park Ave  9-12 Whitney O. | 12-3 Shane | 3-5:30 Rick
Main St  10-1:30 Marc | 130-5 Paul B. | 5-8:30 Jillene
Deer Valley  9-1 Maire R. | 1-5 Al J.

Floor Time Reminders For Saturday 16th :

Park Ave  9-12 Brad S. | 12-3 David B. | 3-5:30 Gregg
Main St  10-1:30 Tisha | 1:30-5 Robyn | 5-8:30 Brad
Deer Valley  9-1 Sharon E. | 1-5 Jim

Floor Time Reminders For Sunday 17th:

Park Ave  12-3 Rick | 3-5 Debbie
Main St  10-130 Chris | 1:30-5 Heidi | 5-830 Debbie
Deer Valley 9-1 Maire | 1-5 Dennis

Floor Time Reminders For Monday 18th:

Park Ave  9-12 Debbie | 12-3 Jim | 3-530 Nick
Main St  10-130 Corey | 130-5 Kevin | 5-830 Linda
Deer Valley  9-1 Karin G. | 1-5 Sharon E.