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utah housing: Federal Bailout Money Stuffed into the Pockets of Eager New Home Buyers - 03/19/09 09:47 AM
 
 
The Utah legislature just took some of that federal bailout money coming its way and pushed it into the waiting hands of soon-to-be new home buyers. While the program, dubbed the Home Run Grant, has been approved, it will likely be the end of this week or next before any funds will be available through Utah Housing.

Of course, with any grant or government program, there are many stipulations. First, the home or condo must be new. Generally, a new home is considered to be one that has not been lived in before.

The next stipulation is … (0 comments)

utah housing: Half of all listings are not selling - 03/16/08 05:58 PM
Where did the buyers go?
The buyers didn't go anywhere.  They're just hibernating.
Even though Salt Lake's economy remains one of the strongest in the country, many buyers have opted to play the waiting game.  Looking for lower interest rates and lower prices, Salt Lake's buyers are perhaps being over-cautious.
So then I ask the question, "How much lower do you think rates can possibly go?"  Most buyers quote the news they hear (usually a good source of late or inaccurate information), stating they've heard the feds just cut interest rates again.  Little do they know, those rates have relatively little to do with … (0 comments)

 

Tony Fantis, Realtor , Principal Broker - Salt Lake City

Salt Lake City, UT

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Fantis Group Real Estate

Address: 2150 S 1300 East Suite 500, Salt Lake City, UT, 84106

Office Phone: (801) 541-8806

Cell Phone: (801) 541-8806

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