city: Owning Becomes More Attractive as Rent's Rise, Home Prices and Interest Rates Fall - 04/10/09 01:48 AM
Demand for rental homes and units in many parts of the country is on the rise as many homeowners who are unable to refinance their mortgages to today's lower rates because their property values have declined have sold their homes "short" or left them altogether after foreclosure. Increased restrictions for obtaining … (1 comments)
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city: Home Buyers in Sandy, Utah Value Having an Agent on Their Side - 03/12/09 08:29 PM
We recently purchased our first home in the Salt Lake area. In choosing a realtor, we considered several options, but ultimately chose to work with Benjamin Clark based on positive recommendations we'd received.
We weren't very familiar with the concept of an Exclusive Buyer's Agent (EBA) at the outset, but during … (2 comments)
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city: Real Estate Negotiation Skills a Must for All Salt Lake Area Home Buyers, Especially in the Current Market - 10/13/08 01:33 PM
SALT LAKE CITY, UTAH - Benjamin D. Clark has been awarded the Certified Negotiation Expert (CNE) designation, achieved by real estate professionals who have successfully completed formal training in the art of negotiation. Agents who receive this certification are in the top 1% of all agents nationally.
Buyer's agents with … (4 comments)
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city: Buying "Small" in Salt Lake - 10/03/08 03:53 PM
With all the plusses that come with more square footage, the smart buyer will look at the additional costs.
Whether you are buying a home as an investment, or planning on living there a long time, there are many reasons some Buyers choose to buy "small" rather than buying "large" homes. … (3 comments)
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city: Are Downpayment Assistance Programs Bad? - 10/03/08 02:49 PM
So were (are?) Downpayment Assistance Programs bad?
I don't think DAPs are bad in and of themselves.
But coupled with additional items from the lender's bags-of-tricks, they likely contributed to a number of defaulted mortgages, including some that will continue to default as adjustment dates and balloons come due.
(Click Here … (0 comments)
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city: Downpayment Assistance Programs (DAPs) or, The "Money-Go-Round" - 10/03/08 02:37 PM
Downpayment Assistance Programs are being allowed less and less. One "stated" reason is that they likely helped contribute to the breakdown of the real estate market.
Here's how a downpayment assistance program (DAP) usually worked:
The Seller would give 3% plus some "administration fee"...
(sometimes 1% of the Purchase Price)
… (0 comments)
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city: Why fewer housing starts in Salt Lake is a good thing. - 08/19/08 09:44 PM
I know you know this, and I know this, but the media doesn't seem to get this...
Fewer housing starts are a good thing!
(Well, at least for now.)
Remember how builders overbuilt and there was a glut of inventory on the marketplace?
Remember how builders were offering the craziest incentives … (1 comments)
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city: Salt Lake Real Estate Update: Number of Sales Down - Prices Slightly Up - 05/03/08 02:07 AM
First Quarter 2008 showed only small improvement in home prices and the number of SOLD homes was also down.
Fourth Quarters and First Quarters are historically low, while Second Quarters and Third Quarters are historically higher with regards to the number of SOLD homes reported.
There has been increased activity over … (1 comments)
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city: Hiring a Real Estate Agent to help you with your home purchase - 03/16/08 12:50 AM
Hiring a real estate agent to help you with your home purchase is a smart idea. Making sure that agent represents you and only you in your home purchase is even smarter.
If you are thinking about moving to the Salt Lake City area, make sure you get an Agent on YOUR … (0 comments)
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city: Salt Lake - 2nd Least Stressful Metropolitan Area in US - 03/11/08 01:25 AM
Back on February 11th, I somehow missed this study, but another agent's post brought it to my attention today. BizJournals.com ran a story that proclaimed Salt Lake City "the runner-up in the low-stress derby. It enjoys America's smallest unemployment rate, 2.6 percent, as well as light traffic, healthy citizens and low … (2 comments)
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city: Nevada Earthquake Interactive Map - 02/26/08 10:40 AM
The Salt Lake Tribune has an interactive map where people who felt the Earthquake that originated in the Wells Nevada area the other day have posted where they were and what they felt. It's pretty cool. If you live in the area and felt the quake, you may want to participate. … (0 comments)
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city: Get an Agent on your side when buying - 02/23/08 11:55 PM
If you are thinking about buying a home in the Salt Lake area, make sure you get an agent on YOUR side.
Homebuyer Representation, Inc. is the only Real Estate Brokerage representing Buyers ONLY in Salt Lake City and the Surrounding Areas. We do not list any homes. We never represent Sellers. We work for BUYERS ONLY on … (0 comments)
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city: Salt Lake City - 2nd Least Stressful City in America - 02/13/08 03:07 PM
In an American City Business Journal report today on MSNBC (February 13th, 2008) Salt Lake was mentioned as being the second least stressful metropolitain area in the country.
It said:
"Salt Lake City is the runner-up in the low-stress derby. It enjoys America's smallest unemployment rate, 2.6 percent, as well as light traffic, … (0 comments)
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city: Does the "Right" way to buy a home change? - 02/13/08 01:37 PM
Last year, CNN Money posted a Spring Home-Buying Guide.
The link is:
CNN Money - Spring Home-Buying Guide: 6 ways to do it right
They say to get pre-approved first, shop at least 4 or 5 lenders, work with an agent who will represent you only, etc. etc. etc.
The most important factor is making … (2 comments)
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city: How Street View Helps Homebuyers in Salt Lake City! - 02/13/08 01:08 PM
Salt Lake City is one of a handful of cities that has recently been added as a Google StreetView City!
You are either really excited about this or really freaked out about it, but the bottom line is that this is good news for homebuyers.
Listing agents tend to take pictures from angles … (4 comments)
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city: Salt Lake Named one of the Best Cities for Bargain House-Hunting - 02/08/08 10:15 AM
In the evening edition of Forbes.com 2/7/2008 an article titled "Best Cities For Bargain House-Hunters" names Salt Lake City, Utah as one of the Best Places to buy real estate in today's market. (Salt Lake is ranked #1)
What exactly do they say?
"They'd be smart to look for markets where job growth is strong, foreclosures are … (4 comments)
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city: Salt Lake's Smartest Homebuyers! - 02/06/08 04:14 PM
What clients are saying about Homebuyer Representation, Inc. Utah's Exclusive Buyer Brokerage!
"We wanted someone who would work with us and not be constrained or biased by their own listings or those from colleagues in their same office or group. Benjamin was extremely responsive and even did virtual walk-throughs with us via video … (0 comments)
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city: Salt Lake City is a Perfect Example - 02/01/08 12:37 PM
This snippet is from a recent Forbes.com article on rent affordability. What caught my eye was the phrase I bolded and underlined below.
"Behind The Numbers When people move to an area, they often do so because of a job. That's why migration figures and job growth are invariably intertwined. As an … (0 comments)
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city: Client Christmas Card 2007 - 01/25/08 01:04 AM
In case you missed our Christmas Card this year, here it is:
Dear Family and Friends,
We have had a pretty busy year this year. Through about August, the Real Estate market was still in its prime and Ben was as busy as ever helping people with their home purchases. Somehow we … (4 comments)
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city: Salt Lake County - 2007 Total Year Real Estate Sales Report - 01/22/08 07:26 PM
I ran this report for 4th Quarter 2007 and thought that some of you would be interested in looking at the entire year's statistics.
Report Generated from the Wasatch Front Regional Multiple Listing Service
Homebuyer Representation, Inc. is an Exclusive Buyer Brokerage serving Salt Lake and surrounding areas. We do not list homes … (2 comments)
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