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We need Positive Price Action to confirm market bottom. One month of price improve isn't sufficient to confirm the market bottom. We need to see appreciation month over month for three months.
PRICE ACTION
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom. We are seeing more signs of a bottom coming into play.
Investors with a long term buy and hold strategic. Opportunities are making sense. Contact your property resource specialist for information to make an informed buying decision.
Owner/occupied homeowners need to look at the cost to own versus the cost to rent. Buying is making sense for many, as we continue to see signs of the market bottoming and with the current cost of money.
You need consultant a resource specialist for information to make an informed buying decision.
High and medium risk tolerant investors and some homeowners are making buying decisions.
Low risk tolerant buyer -- with the bottoming signs in play. If your waiting for a market bottom to buy. You'll most likely miss it.
No risk tolerance buyers will most likely always be renters. That's ok. Investors will always need good renters to make their mortgage payments for them.
Some are trying to time the market and market timing is risky. Trying to time the bottom is not for the inexperienced buyer and extremely difficult.
Those waiting for a market bottom confirmation will (almost always) miss the bottom. This is because confirming factors are lagging indicators.
_______________________________________________________________________________________________________________________________________ 
Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc.
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information at www.markwatterson.com or www.UtahMark.com www.whiteravengroupllc.com
We need Positive Price Action to confirm market bottom. One month of price improve isn't sufficient to confirm the market bottom. We need to see appreciation month over month for three months.
PRICE ACTION
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom. We are seeing more signs of a bottom coming into play.
Investors with a long term buy and hold strategic. Opportunities are making sense. Contact your property resource specialist for information to make an informed buying decision.
Owner/occupied homeowners need to look at the cost to own versus the cost to rent. Buying is making sense for many, as we continue to see signs of the market bottoming and with the current cost of money.
You need consultant a resource specialist for information to make an informed buying decision.
High and medium risk tolerant investors and some homeowners are making buying decisions.
Low risk tolerant buyer -- with the bottoming signs in play. If your waiting for a market bottom to buy. You'll most likely miss it.
No risk tolerance buyers will most likely always be renters. That's ok. Investors will always need good renters to make their mortgage payments for them.
Some are trying to time the market and market timing is risky. Trying to time the bottom is not for the inexperienced buyer and extremely difficult.
Those waiting for a market bottom confirmation will (almost always) miss the bottom. This is because confirming factors are lagging indicators.
_______________________________________________________________________________________________________________________________________
Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc.
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information at www.markwatterson.com or www.UtahMark.com www.whiteravengroupllc.com
We need Positive Price Action to confirm market bottom. One month of price improve isn't sufficient to confirm the market bottom. We need to see appreciation month over month for three months.
PRICE ACTION
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom. We are seeing more signs of a bottom coming into play.
Investors with a long term buy and hold strategic. Opportunities are making sense. Contact your property resource specialist for information to make an informed buying decision.
Owner/occupied homeowners need to look at the cost to own versus the cost to rent. Buying is making sense for many, as we continue to see signs of the market bottoming and with the current cost of money.
You need consultant a resource specialist for information to make an informed buying decision.
High and medium risk tolerant investors and some homeowners are making buying decisions.
Low risk tolerant buyer -- with the bottoming signs in play. If your waiting for a market bottom to buy. You'll most likely miss it.
No risk tolerance buyers will most likely always be renters. That's ok. Investors will always need good renters to make their mortgage payments for them.
Some are trying to time the market and market timing is risky. Trying to time the bottom is not for the inexperienced buyer and extremely difficult.
Those waiting for a market bottom confirmation will (almost always) miss the bottom. This is because confirming factors are lagging indicators.
_______________________________________________________________________________________________________________________________________
Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc.
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information at www.markwatterson.com or www.UtahMark.com www.whiteravengroupllc.com
I find it amazing that the government bails out big business and leaves the mess to the taxpayers.
Bankruptcy is a wonderful thing for those who exercise poor judgment and is should have been exercised in this case.
Now many taxpayers will be forced to use the bankruptcy laws and pay for the mistakes cause by big business and enabled by our government.
What I find most disheartening at this time is the general public failure to see through all the distractions and focus on the root cause of the issues. Without some form of unified effort on some level, nothing is going to change.
Lenn has done a great job focusing on the real issues and not the distractions. I hope over time enough people will realize real change in the government has to be made.
Hope you enjoy the post Lenn wrote below.
Via Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate:
HEY FANNIE MAE. I HEAR YOU'RE PLANNING A COOKOUT FOR THE 4TH OF JULY.
GAMES FOR THE PARTY. FANNIE MAE PLANS A TREASURE HUNT.
Hey Fannie Mae! I heard you're COOKIN' UP some new ways to bury the American home owner deeper into financial ruin.
YOU'RE PARTNERS AT THE FED AND TREASURY DID A PRETTY GOOD JOB WITH THAT "TARP" thing where you gave the investment banks, commercial banks and insurance companies about $2,000,000,000,000. That's Trillion.
Since you started this COOKOUT when you approved and purchased all of those sub-prime, Alt-A and other mortgage instruments that were securitized and sold by fat cat traders to fat cat investors on Wall Street You know the guys, the ones that sold the securities backed by mortgages on American home owners' property.
IF THE AMERICAN HOME OWNER IS IN A POSITION OF NEGATIVE EQUITY, WHY CANNOT THEY CLAIM A FINANCIAL LOSS FOR TAX PURPOSES AND "WRITE IT OFF" as a corporation can do when they lose money on investments or P&L???? Why is the American home owner the entity that many would FORCE to have to HOLD THE PROPERTY WITH NO MARKET VALUE, LIVE IN IT AND CONTINUE TO PAY FOR IT WHEN IT NO LONGER MAKES ANY FINANCIAL SENSE.
The corporation USES THE TAX LAWS TO MITIGATE THEIR LOSSES.
Only the American home owner is forced to live in and continue to pay for their financial loss even when they didn't make the decisions that caused the loss.
Some other ideas to put some money in the treasury. I know where you can collect a cool, $50,000,000.
Prosecute Franklin Raines for falsifying the Financial Reports for Fannie Mae to enhance his bonus income. Of course when the gig was up, he walked away with a cool $50,000,000. Mr. Raines is a known FOB, (Friend of Bill (Clinton).
Or. . . .
You might go after Christopher Dodd too for promoting sub-prime loans that were the Countrywide speciality while he got favorable interest rates from Countrywide as a "Friend of Angelo".
AMERICAN HOME OWNERS DON'T HAVE ANY FRIENDS IN HIGH PLACES. They're prime targets (pun intended). Oh sure, the home owner is the easier target because, for starters, although they haven't broken any laws, they won't have the resources to fight you when you bring the power of the federal government down on them. Collection will be easy, just assess, garnish and rake in the money. You have the power. Of course, the economy will be slowed that much more by taking a few million consumers out of the credit market, but shucks, isn't that part of the plan??? To reduce the American consumer to a supplicant with no credit, no resources and no financial future.
Another idea. Why not give the collection job to your buddies at ACORN.
Inspired by Richard Zaritsky's post, BANKS BEGIN TO GO AFTER DEFICIENCY JUDGMENTS - FANNIE MAE POINTS THE WAY
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988.
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Two Story Home with Great Upgrades
Location: Silver Lakes VillageGreat Home and in nice neighood. The main level has a Main Living room, kitchen, dining area, and 1/2 bathroom. Upstair has 4 bedrooms and 2 baths. GREAT MASTER PLANNED COMMUNITY
Features
Bedrooms: 4
Bathrooms: 2.5
Year Built: 2006
Subdivision: Silver Lakes
Lot Size: .01
Garage Size: 2
School District: Apline
Square Footage: 2478
Agent Name: Mark Watterson
Broker: Principle Realty Group, Inc
MLS #: 972043
Basement: Full unfinished
Information
Contact Information
Mark Watterson
801-815-0411
Pricing
Price: $165,000
Additional Pricing Information: Short sale requires third party approval.
Property Location
4818 N KAYLEE CTEagle Mountain, UT 84005View Map
Attributes
Appliances
Range/Oven
Full Refrigerator
Dishwasher
Sink Disposal
Microwave
Interior Amenities
Vaulted Ceilings
Basement
Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information at www.markwatterson.com or www.UtahMark.com www.whiteravengroupllc.com
New Construction--Custom Home Features, Starter Home Priced....
Location: Roy, UTUpgrades:
-Extra high lighted entry with ceramic tile flooring.
-Three tone paint.
-Sunken formal living room.
-Open great room with can lighting.
-Variable speed fans with dimmer switches.
-Extra duplex outlets in all rooms of the home.
-CAD 5 and cable wiring in main rooms.
-Master suite with vaulted ceiling, pot shelf and ceiling fan. -
-Upgraded bathroom fixtures and tile flooring.
-Kitchen features Knotty Alder extra height cabinets.
-Stainless steel dishwasher, microwave, range and refrigerator.
Information
Contact Information
Mark Watterson
801-815-0411
Pricing
Price: $185,000.00
Additional Pricing Information: Price includes .18 lot. .90 acres is available for and addition 60k, making the sales price is $245,000.
Property Location
5974 South 2700 WestRoy, UT 84067View Map
Features
Bedrooms: 3
Bathrooms: 2.5
Parking Spaces: extra
Year Built: 2010
Lot Size: .18
Garage Size: 2
School District: Weber
Square Footage: 1981
Agent Name: Mark Watterson
Broker: Principle Realty Group, Inc
Basement: Full
Attributes
Appliances
Range/Oven
Full Refrigerator
Dishwasher
Sink Disposal
Microwave
Interior Amenities
Vaulted Ceilings
Basement
Ceiling Fans
Tile Floors
All information in this site is deemed reliable but is not guaranteed and is subject to change
Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information at www.markwatterson.com or www.UtahMark.com www.whiteravengroupllc.com
We need Positive Price Action to confirm market bottom. One month of price improve isn't sufficient to confirm the market bottom. We need to see appreciation month over month for three months.
PRICE ACTION
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom. We are seeing more signs of a bottom coming into play.
Investors with a long term buy and hold strategic. Opportunities are making sense. Contact your property resource specialist for information to make an informed buying decision.
Owner/occupied homeowners need to look at the cost to own versus the cost to rent. Buying is making sense for many, as we continue to see signs of the market bottoming and with the current cost of money.
You need consultant a resource specialist for information to make an informed buying decision.
High and medium risk tolerant investors and some homeowners are making buying decisions.
Low risk tolerant buyer -- with the bottoming signs in play. If your waiting for a market bottom to buy. You'll most likely miss it.
No risk tolerance buyers will most likely always be renters. That's ok. Investors will always need good renters to make their mortgage payments for them.
Some are trying to time the market and market timing is risky. Trying to time the bottom is not for the inexperienced buyer and extremely difficult.
Those waiting for a market bottom confirmation will (almost always) miss the bottom. This is because confirming factors are lagging indicators.
_______________________________________________________________________________________________________________________________________
Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc.
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information at www.markwatterson.com or www.UtahMark.com www.whiteravengroupllc.com
We need Positive Price Action to confirm market bottom. One month of price improve isn't sufficient to confirm the market bottom. We need to see appreciation month over month for three months.
PRICE ACTION
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom. This is NOT a good time for those investor with low and/or no risk tolerance to purchase. Investors with a long term buy and hold strategic. Opportunities are starting to make sense. Contact your property resource specialist for information to make an informed buying decision.
Owner/occupied homeowners need to look at the cost to own versus the cost to rent. Then you need consultant a resource specialist for information to make an informed buying decision.
High and medium risk tolerant investors and some homeowners are making buying decisions.
Some are trying to time the market and market timing is risky. Trying to time the bottom is not for the inexperienced buyer and extremely difficult.
Those waiting for a market bottom confirmation will (almost always) miss the bottom. This is because confirming factors are lagging indicators.
_______________________________________________________________________________________________________________________________________
Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information at www.markwatterson.com or www.UtahMark.com www.whiteravengroupllc.com
We need Positive Price Action to confirm market bottom. One month of price improve isn't sufficient to confirm the market bottom. We need to see appreciation month over month for three months.
PRICE ACTION
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom. This is NOT a good time for those investor with low and/or no risk tolerance to purchase. Investors with a long term buy and hold strategic. Opportunities are starting to make sense. Contact your property resource specialist for information to make an informed buying decision.
Owner/occupied homeowners need to look at the cost to own versus the cost to rent. Then you need consultant a resource specialist for information to make an informed buying decision.
High and medium risk tolerant investors and some homeowners are making buying decisions.
Some are trying to time the market and market timing is risky. Trying to time the bottom is not for the inexperienced buyer and extremely difficult.
Those waiting for a market bottom confirmation will (almost always) miss the bottom. This is because confirming factors are lagging indicators.
_______________________________________________________________________________________________________________________________________
Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information at www.markwatterson.com or www.UtahMark.com www.whiteravengroupllc.com
We need Positive Price Action to confirm market bottom. One month of price improve isn't sufficient to confirm the market bottom. We need to see appreciation month over month for three months.
PRICE ACTION
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom. This is NOT a good time for those investor with low and/or no risk tolerance to purchase. Investors with a long term buy and hold strategic. Opportunities are starting to make sense. Contact your property resource specialist for information to make an informed buying decision.
Owner/occupied homeowners need to look at the cost to own versus the cost to rent. Then you need consultant a resource specialist for information to make an informed buying decision.
High and medium risk tolerant investors and some homeowners are making buying decisions.
Some are trying to time the market and market timing is risky. Trying to time the bottom is not for the inexperienced buyer and extremely difficult.
Those waiting for a market bottom confirmation will (almost always) miss the bottom. This is because confirming factors are lagging indicators.
_______________________________________________________________________________________________________________________________________
Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information at www.markwatterson.com or www.UtahMark.com www.whiteravengroupllc.com
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Mark Watterson Utah Real Estate
Salt Lake City,
UT
More about me…
Principle Realty Group, Inc
Address: 1917 Prairie Pond Road, Saratoga Springs, UT, 84045
Office Phone: (801) 815-0411
Cell Phone: (801) 815-0411
Email Me
My Blog is designed to provide resources to enable you to make an informed buying and seller decisions. For comprehensive resources log to www.MarkWatterson.com or www.UtahMark.com
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