county: 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)

county: 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)

county: 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)

county: 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)

county: 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)

county: 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)

county: Salt Lake County 4th Quarter Comparisons 2004-2007 - 01/22/08 07:04 PM
Looking at the Fourth Quarter of 2007 for the Salt Lake County Market reveals some interesting facts.
Keep in mind that this information is not necessarily comprehensive as it only takes into account data from the Wasatch Front Multiple Listing Service, but most homes in Salt Lake County sell by Multiple Listing … (1 comments)

county: Salt Lake County 4th Quarter 2007 Days on Market Report - 01/22/08 06:32 PM
This graph shows how long homes took to sell in the 4th quarter of 2007.
This is only for SOLD homes. As you can see, for homes that DID sell, the average time on the market was 44 days.
The percentage of homes selling in 30 days or less was 43.7%.
The … (1 comments)

county: Salt Lake County 4th Quarter 2007 Sales Activity Trend Report - 01/22/08 06:16 PM
Here are some numbers from 4th Quarter 2007. I'll only use the final number in other calculations but I thought some people might be interested in seeing it broken down by Price Range as seen in the table below. (This data is for SOLD homes.)
Data from Wasatch Front Regional Multiple Listing … (0 comments)

county: Historical Salt Lake Market Statistics with Graph 3Q 2003 - 3Q 2007 - 01/04/08 01:12 PM
Yes, this is old news but it shows the historical data and trends for the Salt Lake County Market.
The next official reports (which we are all waiting for) will be posted on January 20th, 2008. While we wait I will also look at the monthly data for October and November … (2 comments)

county: What Factors are Affecting Salt Lake's Market? - 10/09/07 04:43 PM
There is surely a lot of inventory available. Buyers have more choices. They are not forced to deal with unreasonable Sellers. In most cases they can find another suitable home where the Seller is more reasonable.
Let's compare 3rd Quarter Numbers.  (See Salt Lake County 3rd Quarter Statistics)
Last year, there were 8458 … (2 comments)

 
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