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Utah versus the U.S. - 08/26/10 07:05 PM
How did home sales across the Wasatch Front match up with the rest of the nation? This is a graph of how many homes sold across the Wasatch Front. The Green line represents the sales this year. The orange line is 2009 and the blue line is 2008. Here are the actual numbers: Here are what homes sales have looked like across the Wasatch Front since 2005: And here is how many homes sold across the nation for the past 5 years: (0 comments)
Double Dip? - 08/26/10 12:03 PM
The National numbers are in and it looks like we have a double dip situation on our hands. January 2009 was the bottom of the market, but last months numbers show we could have another dip approaching. Last month the United States' home sales fell to a level we haven't seen in almost 15 years! Everyone expected home sales to be a little lower, but the results were lower than anyone thought. We knew it would be low because of the expiration of the tax credit. The tax credit compressed months of demand into a short period ot time. When (0 comments)
There is a degree of satisfaction that comes from closing a deal. However, the greater satisfaction comes from knowing the buyer is going to love their new home. It is a fun time to be selling homes because there are so many great deals out there.
I love being able to find beautiful homes for my buyers. One of our clients just got a steal of a deal on their new home. For approximately $1400 a month they get to live in their dream home:
the Face of Foreclosure - 08/19/10 06:28 PM
This is how this home looked when it sold in February of 2008 for $578,000 This is how it looks now as a foreclosure for $329,000
Coming Changes Can Cost Buyers $7,000 - 08/17/10 06:10 PM
A few months ago I reported on some possible changes coming from Washington D.C. The wait is over and Change is approved! The Senate has approved changes in FHA financing that will reduce the upfront costs of an FHA loan, but increase the monthly payment for mortgage insurance. The official statement points at 'perilously low' reserves as their reasoning for making the change. The changes will go into effect October 4th, 2010. Here is how it is right now: If you were to get a $200,000 FHA Mortgage... The upfront Mortgage Insurance Premium would be $4,500 (2.25% (0 comments)
Free Parade of Homes Tickets with Daybreak Tour - 08/06/10 02:45 PM
Tomorrow (Saturday August 7th) we are having our Free Daybreak Tour. Those who join us will receive: Free foreclosures list Free tickets to the Parade of Homes Free Mountain Mike's pizza and a chance to see some of the great things Daybreak has to offer.
I have been doing the Daybreak Tour for a few years and it is always a thrill to see friends who live in Daybreak as well as people coming to see the community for the first time. If you are interested join us in Daybreak at 12:00 Noon! Here is a map (0 comments)
How to Lower your Property Taxes - 08/05/10 04:28 PM
In July and August you will be receiving your property valuation notice. This notice declares what the county assessor determines is the market value of your home as of January 1st. Your property taxes will be based on this valuation. If you disagree with the result of the valuation, you only have until September 15th to send an appeal. While you cannot appeal how much you will be taxed, you can disagree with what they claim your home is worth.
Here are the steps to submitting an appeal: Step #1: Determine the value of your property Examine (0 comments)
Crazy Hail Storm in South Jordan - 08/05/10 12:07 PM
I was quietly sitting in my office when I heard a loud thud. It was followed shortly afterwards by another thud. I thought one of my employees was knocking, so I got up to see what was going on. The thuds increased in frequency until we were engulfed in a deafening roar as these large hail stones pelted our building. I recorded a few minutes of it on my new VEO phone. The hail stones were larger than a Nickel!
These photos were taken in Herriman by my sister- in-law of the hail in their area:
Welcome to your new home, Good Luck Moving in! - 08/04/10 05:38 PM
Helping clients purchase a house is only the beginning of what we can do. We help them through the home purchase process with our experience and knowledge. How can we continue to help, after we leave the closing table? Once the frenzy of contracts and negotiations is over the fun part begins: Moving! Now that you have found your client their new house they need a way to make it their home. As a service to all of my clients I offer the use of my free moving truck. Instead of telling my clients they need to pay more (0 comments)
August Hot Spots Highlight Larger Homes - 08/03/10 01:41 PM
We have seen a shift in the successful sales spots across the state. Now that the first-time home buyer incentive has expired the more luxurious homes are selling. 80% of the top 20 selling areas last month were homes over $300,000. Of these homes, more than 30% are over $500,000! The current interest rates make these homes excellent to buy right now. Lower interest rates mean that you have more buying power. Combined with decreased home prices these homes are amazing deals right now. Utah’s Hot Spots are the zip codes and prices ranges that had the most demand (0 comments)
Author Bio: Utah Dave (Dave Robison) specializes in building high-producing real estate sales teams that benefit home buyers with their specialized experience. Dave coaches teams and sells real estate all across Utah.
Realtor, Utah Real Estate Specialist! Utah Dave® specializes in assisting individuals and families with the purchase and sale of residential homes in the Salt Lake Area. If he doesn't specialize in it, he knows someone who does! Thats why he's Utah Dave®.
Dave also coaches real estate agents in the 3 secrets and 7 steps to building a real estate team/career. These steps took Dave from 20k in commissions to $1 Million in just 3 years.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.