January 2020 Update from Summit Sotheby’s International Realty

Welcome to 2020!

Real Estate, Events and Lifestyle Update from Summit Sotheby’s International Realty

COLLECTIONS MAGAZINE: WINTER 2020

We are excited to announce the release of our 22nd edition of Collections Magazine. Featuring the homes, estates and lifestyles of Utah, this edition of Collections Magazine showcases original artwork from Art Director, LaNae Miller, our story of disrupting an industry and properties from around the world. With 115,000 copies being distributed across the state through our strategic partnerships, racks and events, Collections Magazine, provides our clients and their properties Utah’s most comprehensive level of exposure.

Collections Magazine Letter from Thomas Wright, President and Principal Broker of Summit Sotheby’s International Realty:

“As we enter into the winter season, I’m always struck by the excitement our state has for the snow falling, the resorts opening and the visitors arriving. We truly are lucky. If you pause for a moment and take a step back, one realizes, quickly, how fortunate we are to call Utah home. Fifteen ski resorts, five national parks, an expanding international airport, the Silicon Slopes…. and the list goes on. It’s no wonder that we find ourselves witnessing extraordinary growth in all corners of the state.

With this growth of course comes a great responsibility – responsibility for us to support our communities, give back and be actively involved in creating our future. Over the last eleven years, I’ve witnessed the team of agents, management and staff of Summit Sotheby’s International Realty embody that responsibility by being pillars of their respective communities. Our 501(c)(3) “Sotheby’s Cares”, extraordinary company culture, award-winning team and ultimately our sales results are all a direct reflection of everyone’s commitment to leading by example.

As you flip through the pages of this edition of Collections Magazine I hope you’ll see a tangible representation of who we are as a company, team and as individuals. The sum of all of us working together is what has made this publication come to life, from the families who trust us in representing the sale of their property to the team who has designed each page – It’s a publication I’m honored to be a part of and now, am excited to share with each of you.”

Click Below to Watch the Behind The Scenes Video

To view the digital copy of Collections Magazine, please click here. If you’d like a complimentary print copy of Collections Magazine, please call 435.649.1884.

FORBES RANKS UTAH

Originally Published by Forbes

Utah’s economy is booming thanks to a combination of strong employment growth, a vibrant tech industry and collaboration between business, labor and government.

The Beehive State ranks among the fastest-growing states in the nation, with a 1.9 percent growth in population from 2017 to 2018 and is the youngest state in the nation with a median age of 30.5 years. 

Despite falling fertility rates, Utah continues to have the largest household size in the nation at 3.19. Ninety-one percent of the population in Utah lives in an urban setting and the population continues to diversify racially and ethnically.

Following the release of the July 2019 employment numbers for the state of Utah, the U.S. Bureau of Labor Statistics data shows Utah is ranked No. 1 for total job growth in the nation at 3.6%. In addition, Utah is ranked No. 1 for private sector job growth at 4%. For unemployment, Utah is ranked No. 5 at 2.8%, tied with Hawaii.

Click Here to View The Full Article

AFFILIATE HIGHLIGHT: MEXICO

In recent years Mexico has become one of Utah’s strongest feeder markets with affluent buyers looking north to Utah’s pristine ski and vacation properties, which is why we’ve chosen to highlight our friends over at Mexico Sotheby’s in the bustling capital city, ‘Ciudad de Mexico’.

Mexico Sotheby’s International Realty offers a premier real estate experience in the greater Mexico City area. Known for its upscale avenues and vibrant cosmopolitan setting, Mexico City buzzes with activity, blending both the modern and historic together into Mexico’s unique way of life – a mix of ancient and contemporary. The city is a melting pot of cultures with residents from all parts of the world, and continues to grow in popularity as more Americanized amenities and international corporations, hotel chains and restaurants also grow in number.

Buying (and selling!) real estate internationally can be easy and hassle-free with one of our experienced sales associates leading the way, and the incredible global network of Sotheby’s Realty affiliates ensures you’re always connected, no matter the country.

To learn more about properties for sale in Mexico or to learn more about this important feeder market to Utah, connect with your Summit Sotheby’s International Realty Sales Associate.

Visit Mexico SIR Online

WORKS OF ART FOR GOOD

Throughout the pages of the Winter edition of Collections Magazine, you’ll find four original works from artist and Summit Sotheby’s International Realty Art Director, LaNae Miller. Featuring the regions of Utah we are so proud to call home, each piece was illustrated by hand, drawing inspiration from our national parks, mountain resorts and iconic landmarks.

In a continued effort to support “Summit Sotheby’s Cares”, our 501(c)(3), we are offering each work of art for purchase with 100% of the proceeds benefiting local non-profits.

Click here to order your limited edition print.


About “Summit Sotheby’s Cares”:

When we talk about how Summit Sotheby’s International Realty and our sales associates differ from the competition, we might talk about market share, significant sales and global brand power. The truth is, our commitment to excellence in real estate is only matched by our commitment to our community. We are proud to share that our agent- run 501(c)(3) “Sotheby’s Cares” has raised more than $1,000,000 for Utah non-profits since its inception, enabling us to support the very communities that have embraced us. Thank you to our sales associates for not only being pillars in the real estate industry, but pillars of social responsibility – making a difference to local and national non-profits through each real estate sale.

UPCOMING UTAH EVENTS

Park City and Surrounding

January 3, 2020 – March 1, 2020: Midway Ice Castles
January 23, 2020 – February 2, 2020: Sundance Film Festival
January 31, 2020: Howie Mandel at the Dejoria Center

Salt Lake Valley and Surrounding

January 17, 2020: Salt Lake Gallery Stroll
January 18, 2020: 24 Hour Theater and Arts Festival

Southern Utah

January 20, 2020: Free National Park Day
January 31, 2020 – February 1, 2020: St. George Jazz Festival
February 14 – 23: St. George Parade of Homes

INTERCAP LENDING UPDATE

Intercap Lending is pleased to announce an update to loan limits starting now in 2020. Both conforming and FHA limits have been increased throughout Utah. To view these new rates, please click on a link below.

Conforming
FHA