How To Buy A House And Get The Money To Fix It Up!
You are First Time Homebuyers and you have Found THE HOME. You have watched DIY and HGTV and you know you can do everything those couples do on the home improvement show, but beyond the down payment, you have very little money to replace the cabinets in the kitchen, tile the bathroom and maybe add a family room in the basement. What’re ya gonna do? Cheer up little buckaroo, as sure as the sun shines, or in Utah the rain comes as of late, you can accomplish all those magical repairs, rehab your home and live the life of Riley (now that Really dates me doesn’t it). How can you...
Read MoreSalt Lake County Market Update
Market Update For Salt Lake County Boring statistic time! Now comes before us the Salt Lake County market update for February 2010. This time we are approaching things a bit differently and comparing year to year . Yes, I know that most everyone has come out comparing 4th quarter 2009 to 4th quarter 2008 with weaping, wailing, and gnashing of teeth however, in our humble opinion, this information is not entirely accurate. Pricing and sales fluctuate during a quarter , so to accurately gage what is happening in the market, let’s take a look at the year to year trend. For...
Read MoreSalt Lake Market Statistics
Boring Utah Market Statistics time again, but in all fairness we need to give you the information to keep you up to date on the market. You will notice on each of these reports that The Salt Lake, Tooele, and Utah county market had an increase on days on market for most of the year, with a drop in November, this would be due to the perceived end to the First Time Homebuyers Tax Credit….those houses got snatched up let me tell you. Pricing in Utah, Salt Lake, and Tooele Counties have pretty much stabilized for the moment…a good sign. Now, if only interest rates would...
Read MoreHELP! I’m Melting..What A World, What A World!
Scary Thoughts for Halloween! I read an article in one of my trade publications this morning about how frustrating it is for first time homebuyers to actually Find homes in this market. The article went on to say that many first time homebuyers have actually given up their search and are planning to forego the $8000 tax credit because they can’t find the right home. Now, given the fact that they cited examples of frustrated home buyers in Florida (one of the worst hit markets in the country) where investors are coming by the droves to pick up distressed properties (foreclosures and short...
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