whos buying: When You Interview a Realtor in 2011 - 01/01/11 05:13 AM
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 RealtorĀ® 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 … (4 comments)

whos buying: 2011 Salt Lake Housing Forecast Breakfast - 12/29/10 05:11 AM
Please let me know, by January 5th, if you would like to join me! I have four extra tickets available for non-RealtorĀ® guests. If you're thinking about buying or selling a home, this event would provide much more relevant, decision making information than the news you get from any of the national media outlets. All real estate is local, and this is OUR local housing report.
(Salt Lake Realtors) BOARD OF DIRECTORS MESSAGE ... 2011 Salt Lake Housing Forecast Breakfast on Tuesday, Jan. 11 at 8 a.m. at the Little America Hotel in downtown Salt Lake City. This year Lawrence Yun, … (1 comments)

whos buying: Is It Finally Time to Buy ( or Sell ) a Home in Northern Utah? - 12/27/10 02:12 AM
Although it will be quiet through the week leading in to the new year, January 3rd, the first business Monday in 2011, will bring renewed activity to our real estate market. All indicators point to a January 2011 that will bring with it stabilization of home values and the quantitative beginnings of recovery in our local housing market.
With both home prices and interest rates at historic lows, it is a perfect time to buy.
With prices and rates bringing more buyers in to the market, it is a perfect time to sell.
Good News Report - Utah's Unemployment Rate Remains … (2 comments)

whos buying: CNBC's How's Housing? Report - 12/22/10 11:55 AM
The news contained in this report is simply that 2011 will continue to be a strong buyer's market. Sellers who have been holding off listing their homes for sale, anticipating real estate values to recover, are going to have to wait at least 12 - 18 more months to see any improvement. It is NOT going to happen this spring. This is not necessarily bad news. If a seller is also looking to buy a home, then they should be able to take advantage of home prices comparable to those in 1997. Interest rates are still at or below 5%. Two … (2 comments)

Kim Novak, Broker/Owner (Novak Advantage Real Estate) Rainmaker large

Kim Novak


Layton, UT

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Novak Advantage Real Estate

Address: 3636 N 2900 E, Layton, UT, 84040

Mobile: (801) 726-1443

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News, Trends & Discussions About The Real Estate Market in Northern Utah




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