Park City and Deer Valley were recently featured in Barron's.com as one of the top luxury real estate second home markets in the United States. The article highlights markets that have hit bottom and are seeing increases in value.
Here is the Barron's.com overview:
6. Deer Valley, Utah . It couldn’t be easier to fly into this world-class ski haven. Abundant nonstop flights to Salt Lake City, which is less than an hour’s drive away, give the area a clear edge over other Rocky Mountain snow spots. Park City is the main commercial attraction, but the place to go for your hideaway is the gated community of Tuhaye. Built by Canadian-based Talisker, which developed much of Deer Valley and now owns the local Waldorf-Astoria hotel and Canyons ski resort, Tuhaye offers top-notch golf, great dining and the opportunity to custom-build the house of your dreams. Tuhaye prices: 2009 Median: no sales 2010 Median: $1.3 million