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Erik Asarian

Red Ledges Succeeds In Spite of Tough Economy

07-26-09
Erik Asarian

Red Ledges Sells More Lots Than Competing Gollf Communities in 2009?
It's no secret that the market for vacant land has been harder hit than the markets for homes and condos in the greater Park City, Utah area.

Red Ledges Lot Sales

But one luxury golf neighborhood is experiencing more sales activity than the others...Red Ledges.

According to the Park City MLS, 7 lots have closed so far this calendar year at Red Ledges, with another 7 Red Ledges parcels currently pending sale.

This chart reveals that sales at Red Ledges have surpassed sales at Park City's other private golf communities, including Tuhaye, Promontory, Glenwild, and Victory Ranch.

What's Behind Red Ledges' Surprising Success?

Click Here For the rest of the story about Red Ledges in Heber City Utah...

How to Invest in Real Estate Using Your Retirement Accounts

11-27-08
Erik Asarian

Wild Stock Market Preventing You From Building Wealth in Your Retirement Account? If so, you may want to join the growing number of people who are investing their retirement funds in real estate. There’s real long-term investment growth potential in using tax-deferred funds to purchase property.

The Problem With Most IRA’s

Most IRA Custodians–like brokerage companies and banks–limit your investment options to instruments that benefit them! They offer you a menu of choices that include cash, CD’s, stocks, bonds, mutual funds, ETF’s, etc…

But Wait…

You Have Other Options! In reality, the IRS code does allow retirement plans to invest in a much broader selection of investments like:

* Real Estate (land, condos, commercial property, etc…)

* Leases

* Trust Deeds

* Tax Lien Certificates

* Commodities

* Limited Partnerships

* Mortgage Notes

* Secured & Unsecured Loans, and More…

The process is technical, so we have broken it down into 5 easy steps you'll need to master to successfully use your 401K and IRA's to invest in real estate.

President Bush Visits Park City, Utah

06-02-08
Erik Asarian

Good thing I dodged the road closure last week caused by the presidential motorcade! It was quite a scene along Kearns Blvd, where Marine One-the President's Helicopter-landed near the Treasure Mountain Middle School in Park City Wednesday afternoon.

President Bush was Greeted by a Mixed Crowd in Park City, Utah

President Bush in Park City, UtahCrowds lined the presidential motorcade route. Many cheered and gave the President the "Thumbs-Up" as the motorcade passed, but others held signs and flipped the President "The Bird" for his unpopular policies.

Here's the rest of the story about President Bush's visit to Park City, Utah.

St. Regis Resort & Residences Deer Valley

04-18-08
Erik Asarian

St. Regis Resort & Residences, Deer Crest

St. Regis Deer Valley

Construction Update:
Closing Day at Deer Valley Ski Resort.

Years ago, we watched the excavation of the site at the top of Portugese Gap where the St. Regis tower will be located.

It's pretty incredible to see the hotel taking shape.

The framing is nearly complete for the St. Regis Condos, which are the lower 7 stories of the hotel.

In the months ahead, the top four stories-the St. Regis Residences-will begin to take shape.

Is Deer Valley the Dubai of the Rocky Moutnains? Here's the rest of the St. Regis Deer Valley story...

Deer Valley Ski Season Ends

04-18-08
Erik Asarian

Even though it's still snowing in Park City, Utah...

Deer Valley Resort Wrapped Up a Phenomenal Ski Season April 13th.

We couldn't resist a day of spring skiing on Deer Valley's closing day.
And what a spectacular day it was...Not a cloud in the sky, and no crowds on the lifts.

Deer Valley Closing Day

Check out the huge cornice at the top of the Daly Chutes on April 13th!

Average base depth of the snow-pack on closing day was a whopping 131 inches...not a brown muddy patch to be found anywhere on the ski runs, even at lower elevations like Deer Crest (see below photo).

Deer Crest Home

Click here for photos and updates about all new real estate developments in Deer Valley, Utah.