General
Just a quick post to tell you about a new feature I have added to our main website. I have developed a number of maps detailing the location of subdivisions within Salt Lake County. At the moment these are limited to subdivisions located with South Jordan, Sandy, Bountiful, Draper and Holladay, but new ones will [...]
There is a long standing argument that by selling your home For Sale By Owner (FSBO), you can get out of paying real estate commissions and save yourself some money. So when Colby Sambrotto, the founder and former COO of forsalebyowner.com decided to sell his home you would expect this to be a slam dunk. [...]
Homes prices for Salt Lake County actually increased for the second month in a row. The median home price for April 2011 was $219,720 a small increase of 0.7%, and maybe a sign that prices have at least stabilized. Year on year prices fell 6.56%. There were 914 homes sold with an average size of [...]
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The annual mortgage insurance premium is due to increase on the 18th April, by 0.25%. For loans whose LTV (loan to value) is 95% from 0.90% to 1.20% (assuming length of mortgage is more than 15 years). For those of you that don’t know, mortgage insurance or PMI, is designed to protect the lender if [...]
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Salt Lake County home sales increased slightly in January 2011, going from 525 in Jan 2010 to 558. But this was the only positive sign, all other indicators dropped, including the average sales price which fell from $267,579 to $235,847 over the last 12 months. The average number of days it took to sell a [...]
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There has been a lot of talk recently about how the health-care legislation that was recently passed, introduced a sales tax on real estate. While there is a new sales tax for real estate, the facts are that it will not impact everyone; in fact the chances are it will not impact you at all. [...]
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Just a quick note to let you know that Daybreak’s new model home village called Brookside will open this weekend, with a special event taking place on Saturday June 24th between 11:00am and 2:00pm. The Brookside model home village features 19 homes from seven home builders. It is located on a bluff on the north [...]
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Fueled by the home buyer tax credits, May 2010 returned the most home sales since June 2009, with a total of 1,219 sales. That’s an increase of just over 20% year on year, and a 6.29% increase compared to last month. The average home price declined 0.63%, to $234,358. The price per square foot ticked [...]
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With the expiration of the First Time Home Buyer Tax Credit at the end of April, we will be holding a FREE seminar to go through the Home Buying process. This class will be held twice at the Salt Lake Community College Miller Campus in Sandy on MARCH 23RD and MARCH 30th. This exciting new [...]
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December saw the median home price rise to the highest level seen since January 2009. The new median home price of $264,398 was a 6.27% increase over Novembers price, and is further evidence that the worst of the housing market may well be behind us. The number of homes sold did decrease month on month, [...]
Continue reading about January 2009 Sees Rise in Salt Lake County’s Median Home Price
