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Rick Klein from Mountain Summit Mortgage spoke at this morning sales meeting and shared some very interesting statistics. This graph illustrates the sales activity for condos, single family homes and land. As you can see, there has been a slow and steady increase in sales, particularly in the single family home segment for the past 3 months, however vacant land sales remain or weakest segment of the market. This is very encouraging news. With home sales on the rise, it's clear that Park City is still a magnet community despite the current economic conditions.
