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salt lake county: Utah Market Conditions Report - Salt Lake County - Land - 05/16/10 10:32 AM
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 … (0 comments)
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salt lake county: If you Sue an Homeowners Association (HOA). Who are you really suing? - 12/19/09 05:07 PM
This statement was written in an email in regards to an outstanding HOA assessments against their home.
"............ I will be contacting a lawyer tomorrow. If this does not get resolved promptly or if there is a lien placed on my property and/or showing on our credit reports, I will counter sue you for damages to our credit and the time that it takes for us to correct your error."
My first thought was, this home owner doesn't seem to understand who the HOA is and how they are normally structured.
First - … (7 comments)
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salt lake county: Investing in Real Estate in the Greater Salt Lake City, Utah area..... - 11/23/09 10:41 AM
Investor Strategies Investors we work with have a full range of experience. Many are full-time investors; however the majority have other employment (aka a JOB). Investing can be a long term strategic to create wealth for their retirement years. Some favor shorter term strategics.
This current market conditions have changed the options avaialble to investors. It's important that you have a great team of professionals (Real Estate, Mortgage, Title and Legal) working together to achieve your goals.
Were here to help. Please call when your ready to invest in the Greater Salt Lake City, Utah area (Salt Lake, Utah, Davis and Weber counties).
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… (1 comments)
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salt lake county: Brigham Young Historic Park.......Salt Lake City, Utah - 06/28/09 09:37 AM
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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
It's Not About the Money -It's about life long relationships that are based on Customer Service Excellence.The "Voice of the Customer" is where it all begins. Customer Service Excellence is not just words. It's our CULTURE.My customers refer their family and friends because of … (1 comments)
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salt lake county: Salt Lake County Sales by Month--Market Conditions Report - 04/03/09 09:28 AM
I've decided it would be nice look at the history of sales in the Salt Lake County. So I started with last month's sales and compared year over year for March. The report includes everything on record.
Things I find most note worthy
1- Lowest sales on record
2- Highest (DOM) day on the market on record.
3- Trend is to buy less expensive home. Some of the lower prices is deflation of the market and part is the appetite of the buyers for upgrades is waning.
There is a silver lining. The State of Utah announced a grant for buyers … (2 comments)
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salt lake county: West Valley City, Utah Home for sale.... Great Price and Value...NOW Price Reduced - 01/26/09 07:53 AM
Short Sale home in West Valley City, Utah.
LISTED for $179,900 NOW $174,900
View the homes website
http://3427.utahmark.com for more information and a visual tour.
All information deemed accurate however is not guaranteed. Buyer/buyers agent to verify all listing information. Square footage is from appraisal, buyer/buyers agent to verify. from all sources of information.
Photo not an exact representation. They are of a similar home in next building with the same floor plan.
… (1 comments)
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salt lake county: West Valley City, Utah Home for sale.... Great Price and Value... - 01/09/09 08:37 AM
Short Sale home in West Valley City, Utah.
View the homes website
http://3427.utahmark.com for more information and a visual tour.
All information deemed accurate however is not guaranteed. Buyer/buyers agent to verify all listing information. Square footage is from appraisal, buyer/buyers agent to verify. from all sources of information.
Photo not an exact representation. They are of a similar home in next building with the same floor plan.
… (1 comments)
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salt lake county: Bank Owned Home, Salt Lake, Utah, Davis and Weber Counties - 12/23/08 09:29 AM
What is a Bank Owned?
Bank Owned aka REO property are those owned directly by the bank. They acquire these properties thru the foreclosure process.
The bank is the position to move as fast or as slow as they feel necessary when accepting an offer. Their decision is based on what is best for their bottom line. Holding properties is normally not in their best interest. So they are willing to deal on offers that make sense to them.
Many home buyers have the perception bank owned homes are always the best deals and many buyers will not even look at other options.
… (3 comments)
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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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