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statistics: When You Interview a Realtor in 2011 - 01/01/11 01:13 PM
During 2010, there were 25,119 sales closed and posted in WFRMLS (Wasatch Front Regional Multiple Listing Service - Utah). There are currently 8,194 active agents. That's only 3 sales, per year, per agent. When you're interviewing a Realtor® to represent your home buying or home selling interests, an important question to is, "how many clients did you, Ms/Mr Realtor, help achieve their homeownership goals this past year?" This is an especially important question because there is and has been no room for error in pricing and negotiation, advertising and marketing, during this continuing housing crisis. In order for you to be … (9 comments)
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statistics: Layton Real Estate Sales Snapshot 2009 vs 2010 - 11/17/10 04:40 PM
October 2010 vs 2009: total number of homes sold in Layton down 32%, but price per square foot only down 7.5% ... somewhat of a silver lining in the continuing storm cloud. November's numbers are trending downward, however. Sales Per Month Report Explanation This report shows sold property data for the search criteria in each month for the selected years back.
This is a description for each column header
Month - month for data
Count - numbers of homes sold for the month
Volume - total of sales prices
Med/avg OL - Original List Price - Original price based on CDOM
Med/avg Sold Price - Sale … (0 comments)
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statistics: Short Sale Market Share in Northern Utah including Salt Lake, Davis and Weber Counties - 11/17/10 04:34 PM
There are approximately 11,500 active home listings on www.UtahRealEstate.com (Wasatch Front Regional MLS) in Salt Lake, Davis and Weber Counties. Almost 2,500 of those home listings, are Short Sales = 21% ... one in five. Additionally, at least 10% of the homes currently on the market are vacant. What does this mean? It means that opportunity abounds for both home buyers and sellers. Yes, I really meant to include "sellers". For buyers, the current market offers unprecedented opportunity to "buy low", in the areas which will most likely rebound first (and yes, the real estate market WILL improve - check back … (5 comments)
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statistics: SOLD!!! $225,000 ... 663 W. 2050 North, Clinton, UT 84015 Yale Crest Community - 01/21/09 03:12 PM
Eligible for $1,250 Buyer Bonus! Whether you’re downsizing or a growing family, this home is the perfect one for you. Kitchen with granite countertops, double sized pantry and large dining area. Professional 3-tone paint. 15’x22’' covered patio just off the family room. RV parking with drain. Detached 3rd car garage. Attached two car garage with 220 wired workshop. 5 bedrooms, 3 full bathrooms, approx. 2383 square feet, mostly finished basement, .18 acre lot, fenced backyard, built in 1998. Home faces north. Sunset Elementary, North Davis Preparatory Academy Charter School, Sunset Jr. High, Northridge High School. Light Rail Station: 8 minutes, Hill … (0 comments)
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statistics: SOLD!!! $239,900 ... 763 W. 2275 North, Layton, UT 84041 Willow Bend Community - 01/21/09 12:47 PM
Eligible for $1,250 Buyer Bonus! Mature Willow Bend community. Open floor plan features wide hallways & doorways, tile floors, main level laundry and very few exterior steps. Formal living room plus an office. Spacious, open kitchen with big pantry. Economical lawn care & snow removal services available. No HOA fees. 2 bedrooms, 2 bathrooms, approx. 1536 square feet, partly finished basement for lots of storage space, small .15 acre lot, fenced backyard, built in 1997. Home faces north. Lincoln Elementary, North Davis Preparatory Academy Charter School, North Layton Jr. High, Northridge High School. Light Rail Station: 10 minutes, Hill AFB: 3 … (0 comments)
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statistics: SOLD!!! $478,500 ... 2276 E. 350 North, Layton, UT 84040 Chadwick Farms Community - 01/21/09 11:46 AM
Eligible for $1,750 Buyer Bonus! Private, upscale community near the Layton/Kaysville border. Incredible views of the mountains, lake & valley. Kitchen with granite countertops, island. Formal living room & dining room, private office on the main floor. Laundry on bedroom level. Ideal layout in basement for home theater. 5 bedrooms (4 upstairs with guest bedroom downstairs), 4 bathrooms, approx. 4460 square feet, fully finished basement, 3-car garage, .28 acre lot, fully fenced, built in 2005. Home faces north. Whitesides Elementary, North Davis Preparatory Academy Charter School, Central Davis Jr. High, Layton High School. Light Rail Station: 8 minutes, Hill AFB: 13 … (0 comments)
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statistics: A Marketing Strategy That Works ... Step 5 "An Incentive for Everyone a.k.a. Show Me The Money" - 01/21/09 11:35 AM
Step 1 ... "Admit that it is a Buyer's Market"
Step 2 ... "Price Your Home to Sell and Plan on Negotiating"
Step 3 ... "Target Realtors® Working with Ready, Willing and Able Buyers"
Step 4 ... "Make Waves and Just Say No to the Status Quo"
Step 5 ... "An Incentive for Everyone a.k.a. Show Me The Money"
The fifth and final component of the Marketing Strategy That Works are incentives. This segment is short, sweet and to the point.
1. Buyer ... I offer a cash bonus to the buyer at closing, ranging from $250 to $2,000, depending on the price of the home.
Who … (0 comments)
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statistics: A Marketing Strategy That Works ... Step 4 "Make Waves and Just Say No to the Status Quo" - 01/21/09 11:32 AM
Step 1 ... "Admit that it is a Buyer's Market"
Step 2 ... "Price Your Home to Sell and Plan on Negotiating"
Step 3 ... "Target Realtors® Working with Ready, Willing and Able Buyers"
Step 4 ... "Make Waves and Just Say No to the Status Quo"
As of 6:04pm on January 2, 2009, there were 4,183 active MLS listings for homes for sale in Davis and Weber Counties, Utah, 601 homes under contract and 1,211 that have sold in the last 90 days. That means that we currently have 9 months and 1 week worth of "inventory" on the market … (0 comments)
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statistics: A Marketing Strategy That Works ... Step 3 "Target Realtors® Working with Ready, Willing and Able Buyers" - 01/21/09 11:30 AM
Step 1 ... "Admit that it is a Buyer's Market"
Step 2 ... "Price your Home to Sell and Plan on Negotiating"
Step 3 ... "Target Realtors® Working with Ready, Willing and Able Buyers"
The MLS remarks section is ground zero for distinguishing my client's homes from the hundreds of others on the market. Trite descriptions are ineffective and puffery is simply annoying to other agents when it is in the MLS. This is the place where I have the opportunity to tell other agents why my client's home should "make the cut" when they are screening houses to show their … (0 comments)
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statistics: A Marketing Strategy That Works ... Step 2 "Price your Home to Sell and Plan on Negotiating" - 01/21/09 11:21 AM
Step 1 ... "Admit that it is a Buyer's Market"
Step 2 ... "Price your Home to Sell and Plan on Negotiating"
Price your home to sell ... When I prepare my pre-listing market evaluation for my clients, I assess the "current" market value using the following criteria:
1. I use sold comparables no older than 90 days, the more recent the better, and then adjust for the appreciation/depreciation rate for the most recent quarterly statistics for the community. Since distressed sales (short sales and foreclosures) are so prevelent right now, I incorporate these comparables according to their percentage of the market.
… (0 comments)
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statistics: A Marketing Strategy That Works ... Step 1 "Admit That It Is A Buyer's Market" - 01/21/09 11:15 AM
I have spent a great deal of time analyzing what is happening in our local real estate market. Here is a summary of my research based on MLS data, discussions with other agents and the feedback I've received from my own buyer clientele.
1. Buyers absolutely will NOT buy a home right now unless the BUYER feels that it is an UNBELIEVABLY PHENOMENAL "deal".
2. Buyers EXPECT sellers to pay their closing costs which are calculated at 3% of the purchase price.
3. Buyers will WALK AWAY from any seller counteroffers that in any way indicate that the seller is trying … (0 comments)
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statistics: 2008 Annual Market Report for Roy, Utah (Hill AFB Area) - 01/20/09 05:20 PM
This is the 2008 snapshot of the real estate market for Roy, Utah, zip code 84067. If you are interested in how this overview applies to you as a buyer, or to your home if you're a seller, please contact me for a personalized and detailed market valuation.
557 Closed MLS Sales for Single Family Homes - there are currently 251 active listings today (5 1/2 months of inventory) Sales Price Range low $69,600 to high $461,284 - active listings range low $101,990 to high $579,000 Median Sales Price for Single Family Homes $164,000 - current median list price $170,000 Average List to Sales Price 99.3% - 67% … (0 comments)
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statistics: 2008 Annual Market Report for Clinton and Clearfield, Utah (Hill AFB Area) - 01/20/09 05:18 PM
This is the 2008 snapshot of the real estate market for Clinton and Clearfield, Utah, zip code 84015. If you are interested in how this overview applies to you as a buyer, or to your home if you're a seller, please contact me for a personalized and detailed market valuation.
828 Closed MLS Sales for Single Family Homes - there are currently 388 active listings today (5 1/2 months of inventory) Sales Price Range low $72,000 to high $578,860 - active listings range low $89,900 to high $650,000 Median Sales Price for Single Family Homes $176,000 - current median list price $189,900 Average List to Sales Price 98.8% … (0 comments)
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statistics: 2008 Annual Market Report for Layton, Utah (Hill AFB Area) - 01/20/09 05:13 PM
This is the 2008 snapshot of the real estate market for Layton, Utah. If you are interested in how this overview applies to you as a buyer, or to your home if you're a seller, please contact me for a personalized and detailed market valuation.
787 Closed MLS Sales for Single Family Homes - there are currently 487 active listings today (7 1/2 months of inventory) Sales Price Range low $97,000 to high $795,000 - current range low $105,000 to high $3,250,000 Median Sales Price for Single Family Homes $208,900 - current median list price $259,000 Average List to Sales Price 97.9% - 48% of the … (0 comments)
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Kim Novak, REALTOR®
Layton,
UT
More about me…
RE/MAX Masters
Address: 3636 N 2900 E, Layton, UT, 84040
Office Phone: (800) 977-7835
Cell Phone: (801) 726-1443
Email Me
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