Interest rates have ped further over the last few weeks to all-time lows to the surprise of many. As a result, the home purchasing power for many prospective home buyers has increased substantially in a couple of months since the beginning of 2020. This is one positive from the market chaos created from the coronavirus. […]

No Housing Construction Boom Without Aid From Government  Learning from past mishaps, don’t expect a surge in new home construction unless the federal government steps in. During the previous economic expansion that began in 2008 and ended in 2019, “build more homes” was the mantra. However, that expansion was the weakest housing recovery in history […]

SANDY (April 28,2021) – Lower housing inventory levels led to fewer home sales in the first quarter, but demand for homes remain at record highs.   Across the five-county Wasatch Front Area, there were 7,703 overall home sales (all housing types) on the first quarter, down 3% form 7,978 in the first quarter of 2020. […]

The vast majority of Wasatch Front homes sell for less than $500,000. In 2020, 81 percent of homes sold on the Wasatch Front sold for less the than half-million dollar mark. However, that percentage is down from 2019, when 87 percent of all homes were for less than $500,000. In 2020, 17 percent of homes […]

Home owners deciding, whether to sell should consider this. In the first quarter of 2021, a typical home sale in the United States generated a profit of $70.050, up 26 percent from $55.750 in the first quarter of 2020, according to a new report by ATTOM Data Solutions. This $70,050 home-sale profit represented a 34.2 […]

SALT LAKE CITY — Bidding wars across northern Utah, including one in which a single home brought in 50 offers, demonstrates the breadth of a growing affordable housing crisis. Real estate agent Thomas Wright joined Dave and Dujanovic to discuss the wild real estate market in Utah and the crises of affordable housing and inventory […]

Stepping into your brand-new, custom home for the first time is an amazing experience. From the new appliances to the clean walls and flooring, it’s easy to envision the next chapter of your life here! However, keeping your home in the same beautiful condition as it was on day one can sometimes be a challenge. […]

Curtis Bullock- June 23, 2020 SL Realtors® Legal Tip – I started a short list of some the legal issues I’ve seen over the last several years and thought I would post them here. Feel free to add to the list in the comments. In no particular order, here is the list: Wrong signatures on […]

It is having a finance company as one of your lender’s in your credit report.     John was taking out a mortgage and had a 717 FICO Score. He wanted to get above 720 so that he could save over $2,000 in loan fees. He noticed a finance company as one of the factors […]