The Fed-induced rebound in the real estate market still appears to be dependent on low interest rates and constrained inventory levels. However, many areas of the country are witnessing startling gains in home prices. In June, home prices across the nation increased on a year-over-year basis for the sixteenth consecutive month, according to CoreLogic. Home prices jumped an average of 11.9 percent from a year earlier. In fact, Delaware and Mississippi were […]

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Closing costs on a home mortgage keep ratcheting up across the country, including here in Utah. A new survey by Bankrate.com shows that average closing costs on a $200,000 home with a 20 percent down payment in the Beehive State total $2,316, ranking the state 39th in the nation. The national average is $2,402, an increase of six percent over last year. Most of this is due to a bump in origination fees, part […]

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Sales of existing single-family homes in Salt Lake County jumped to the highest level in five years in the first quarter, but home prices are still falling, a new report shows. In Utah’s most populous county, 2,156 homes sold in January, February and March, up 18 percent from 1,830 during the same three-month period in 2011, the Salt Lake Board of Realtors reported. The median single-family home price fell to […]

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Foreclosure activity in Utah has fallen sharply over the past year, a new report shows. The number of foreclosure-related filings — ranging from notices that a homeowner is behind on a mortgage to repossession by a bank — fell by 21 percent from April 2011 to last month, foreclosure listing firm RealtyTrac Inc. said Thursday. Nationally, foreclosure activity was down by 13.9 percent, with both the number of properties entering […]

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OK, maybe it’s not as jaw-dropping as crashing the 5% or the 4% barrier. But Freddie Mac says 30-year mortgage rates have fallen below 3.8% for the first time to average 3.79%, down from a then-record 3.83% a week ago.

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Check out this listing on Astro Way zip code 84109. It won’t last with these Views. http://www.utahrealestate.com/1092761

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1. Decide how much $ you need to net. 2. Contact me for a market evaluation. 3. Decide on your new zip code/home 4. Clean, De-clutter, Put extra items in storage, clean carpets, fix any problems that could make for a bad inspection. 5. Get the listing agreements signed, keyboxed, yard sign up and we’re ready to SELL.

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This has to be the hottest zip code in salt lake city. Properties are going under contract in less than a week. If you live in this area and want a market evaluation call me!!!!

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With interest rates as low as 3.6% downsizing or upgrading your home would be a great idea. Most of the lenders I have worked with want to loan money!! The requirements are 2 years of good wages, over 640 credit if you go FHA or above 680 conventional and 3% down payment. Let me know if I can help you with anything else. I can’t believe how fast good homes […]

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Call me and I”ll give you a free CMA if you’re wanting to sell or show you some properties

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