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Show mm f i i i r r w r w r r r p r r r r r r r r r r f r T-r" r rr r r r k r r r r p t' rr r rwrr rrrrr p i p Wednesday, January 26, 2000 Ouiiying-ai ea s eal eaisie gains strength Average Sales Price by Area Condominiums $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 SO AvgM Avg98; Kamas Condominiums art a growing Continued from A-15 this report): Single-Family Homes 11 single-familv homes sold (down 2 from 1998). Dollar volume: vol-ume: $3.4 million, up 49 percent from $2.3 million in 1998. Average sates price increased 22 percent, from $252,944 to $307,727. Condominiums - 22 condominiums condomini-ums sold in each of 1998 and 1999. Dollar volume was $2.9 million in 1999, down 13 percent from $3.3 million in 1998. Average sale price was also dow n 13 percent in 1999: to $131,904 from $152,056. Single-Family Single-Family lots - 13 single-family lots sold (up 86 percent from 7 in 1998). DoUar volume: $905,900, up 13 percent from $800301 in 1998. Average sales price dropped 39 percent, from $114,357 to $69,685. Heben Single-Family Homes -63 single-familv homes sold (up 15 percent from 55 in 1998). Dollar volume: $12.7 million, up 13 percent per-cent from $11.3 million in 1998. Average sales declined a slight 2 On-line trading explained Continued from A-1 6 the spread and brokerage firms can legally take the spread on any market order. In the case of this example, they can receive an extra $25 for a 100-share transaction. transac-tion. Is it any wonder that they offer such low rates for market orders? ave access to real-time quotes, you might be able to improve your investing performance by eliminating the spread. This is done through the proper execution execu-tion of limit orders. If however you just simply want to buy or sell a stock without regard to the price you pay or sell at, then a market order might be appropriate. appropri-ate. In following articles we will cover sources of research as well as other strategies for investing on-line. George Moldenhauer is a ' strategic financial consultant. Have you heard about.., The Incredible Cuisine and Elegant Accommodations 1235 Warm Springs Road Midvay Utah 435 654-1400 - HTIWWW.THISLUE80ARINN.COM n Wdvwy Wasatch Front ' market segment in areas outside Park City. Source: PC Board percent. to $201,582. Condominiums - No condominiums condomini-ums were on the market in either 1998 or 1999. Single-Family lots -28 single-family lots sold (down 26 percent from 38 in 1998). Dollar volume: $2.9 million, down 3 percent per-cent from $3.0 million in 1998. Average sales price jumped 31 percent, from $79313 to $104,086. CoalviUeWaashipHoyts-ville: Single-Fdmily Homes - 29 single-family single-family homes sold (up 26 percent from 23 in 1998). Dollar volume: $3.2 million, down 30 percent from $4.6 million in 1998. Average sales price dropped by 45 percent, from $203,002 to $112,186. Condominiums - No condominiums condomini-ums were on the market in either 1998 or 1999. Single-Family lots -56 single-family lots sold (down 8 percent from 61 in 1998). Dollar volume: $2.8 million, up 19 percent per-cent from $2.3 million in 1998. Average sales price jumped 29 percent, from $38,637 to $49,876. Other Wasatch Front (This category cat-egory encompasses all out-of-area licensed stock broker and mortgage mort-gage consultant. He has been an investment officer and personal financial consultant for one of the largest banks in America. He is a regular contributor to financial television programs on CNBC. KWHYTV in Los Angeles, Channel 26 in Chicago, and has appeared " Ton " The Nightly Bin inns '" Rrpvtt and The Financial Hem Network. The information contained in this column is for educational purposes only. Readers are urged to consult with their financial advisors before taking any action based on information contained in this column. All information is obtained from sources believed to be reliable, but no guarantee exists to its accuracy or completeness. complete-ness. Readers with questions can send their letters to George Moldenhauer, Columnist; do The Park Record. PO. Box 3688, Park City, UT 84060. wild boar in Midway? a. a. 77ie Par Condominium Sales 25 20 15 10 Kamas sales made by Park City Board members. Since the numbers are so variable, no trends can be projected) pro-jected) Single-Family Homes - 17 single-family homes sold (up 143 percent from 7 sold in 1998). Dollar volume: $6.3 million, up more than 450 percent from $1.1 million in 1998. Average sales DCTI names new board Park City-based Digital Courier Technologies, Inc. (NASDAQ: (NAS-DAQ: DCTI) an e-commerce fraud and risk management processing pro-cessing solutions provider, announced last week the appointment appoint-ment of Gregory J. Duman, chief financial officer, executive vice president and treasurer of Transaction Svstems Architects. Inc. (NASDAQ: TSAI) to DCTI s Board of Directors. Digital Courier announced an Now L the time to make your CD rollover, financial windfall, ortUivinaj work harder. CS. Tmimiy Xftr 1995 1996 1997 199S 1999 616. 599 513 132 Mi4 namf nttex Novwnbar 5 94 CtoCOTtwr 5 95 January 823 Record 1999 1998- Mdway Wasatch Frort GRAPHICS BY BRUCE LEWIS PARK RECORD of Realtors price increased 134 percent, from $159,857 to $373,506. Condominiums - 5 condominiums sold in 1999. down 25 percent from 4 sold in 1998. The dollar volume was $1.4 million, up 51 percent from 1998 s $954,200. Average sales price increased bv 21 percent, from $238350 to $287380. exclusive distribution agreement with AG Worldwide, as w ell as an equity investment from parent company. Transaction Systems Architects, Inc., for $6.5 million last year. Duman. ho joined TSA's ACI Worldwide distnbution operation in 1983. w as elected to the board at DCTI s annual meeting, along with Jim Egide. Glen Hartman. Ken Woolley. Don Marshall and Ken Naeel. Add money at any time. Opportunities to withdraw without PENALTY." Pays high market rates. Typically, CD's are inflexible. The Ultimate CD. however, is tied directly to the interest rate of a higher yielding 2-year U.S. Treasury- Note. The interest rate earned is at least within 0.Sao of the 2-vear U.S. Treasury Note. This means solid returns with a rate that increases with the market. You can add money to the Ultimate CD at any time. So you 11 continually earn a competitive market rate. Returns increase as the balance grows. 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