Yesterday, the U.S. House of Representatives passed the Rural Housing Preservation and Stabilization Act of 2010 (H.R. 5017). Through this legislation, the guarantee fee in the USDA Guaranteed Rural Housing (GRH) Program may be raised to offset any need for Congressional appropriations. Additi
...
04/29/2010
Draper Utah Absorption Rate the last 12 months. Knowing your area's Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one
...
04/28/2010
According to The Harris Poll Two-Thirds of All Adults Are Concerned That They Will Not Have Enough Money to Cover All Their Costs and Expenses A new Harris Poll provides some unpleasant numbers about the housing crisis and the collapse of the house price bubble. Fully 24% of people with mortgage
...
04/27/2010
OR...... is it? We all know last time the tax credit ended, it was extended. And along with the ever optimistic hard core fence sitter comes a time to ask themselves a question? Do we have to buy right now or can we just wait and see if the tax credit is going to be extended? If is gets ext
...
04/26/2010
Foreclosure filings — default notices, scheduled auctions and bank repossessions — rose 7 percent in the first quarter compared to the fourth quarter of 2009, and they were 16 percent higher than a year ago, according to RealtyTrac, an online marketer of foreclosure properties. Foreclosure activi
...
04/25/2010
Total Number of Home Sales shown in Red Total Number of Listings shown in Green
04/24/2010
Absorption Rate is the ratio of the number of sold properties over a given length of time. Inventory is an indication of Supply of properties based on theAbsorption Rate 2 Months Active Properties: Active 32 Under contract 72 Sold Properties 80 Absorption 76.00 Per Month Inventory 4.29 Months
...
04/23/2010
Home Buyers Need to Know Before Buying? Newly constructed Road ways and Freeways can impact a neighborhood a block away or more. Have you ever been at some ones house and heard the rushing sound of automobiles only to notice that their isn't a freeway nearby? This is call Noise Bounce. Studies
...
04/21/2010
Utah's Housing Market: Good Time For Buyers, But For How Long? The Deseret News on Sunday April 18 and Monday April 19 ran a two-part series on Utah's housing prices. The in-depth story focused on Salt Lake City's housing prices and noted that sellers are still dropping asking prices in order to
...
04/20/2010
I was out showing property the other day up at a Development called Suncrest, Draper Utah. The winter Carnage of a Vole infestatation was very apparent with the yards in this bedroom community. It almost look like a power rack was hard at work over the winter. What is a Vole? Voles are small rode
...
04/18/2010
