Salt Lake City used to be one of the hottest real estate markets in the country, but now is ranked No. 116 out of 300 metros in the month of August, according to Realtor.com. Salt Lake is a “slightly hot” market that is “cooling down.” Median days on market is 30.5 days, with inventory moving 6 percent faster than last year and 30.5 days faster than the U.S. overall. Properties in the area receive an average number of views 0.7 times lower than the U.S. average. Courtesy Source Salt Lake Board of Realtors
Question ? How Much Leverage Do Today’s House Sellers Have?
How Much Leverage Do Today’s House Sellers Have? The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from...
Where Have All the Houses Gone?
Where Have All the Houses Gone?In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time...
Homeowners Today Have Tremendous Equity
You may have more home equity today than you realize. Let's connect to plan how you can leverage that equity in your next move.
3 Ways Home Equity Can Have a Major Impact on Your Life
3 Ways Home Equity Can Have a Major Impact on Your Life There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past...
Why It’s Easy to Fall in Love with Homeownership
Why It’s Easy to Fall in Love with Homeownership Some Highlights Homeownership provides comfort, stability, and security, and it makes you feel more connected to your community. Your home is something to be proud of and is uniquely yours, so you can customize it to...
4 Ways Your Agent Will Steal Your Heart
What Record-Low Housing Inventory Means for You
What Record-Low Housing Inventory Means for You The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry,...
What Happens When Homeowners Leave Their Forbearance Plans?
What Happens When Homeowners Leave Their Forbearance Plans? Contact us for help! According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as...
3 TV home buying myths busted
3 TV home buying myths busted
Time Capsule Stamp Review 1-21
2021 Time Capsule as of 1-21-21I am posting this for future reference. JobsThe current U.S. unemployment rate is 6.7% for December 2020, the Bureau of Labor Statistics (BLS) said in its monthly report on Friday. The rate is close...