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 [...]
Continue reading about Salt Lake Area First Time Home Buyers Class
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
Impending changes by the FHA (Federal Housing Authority) and HUD (Housing and Urban Development) could cost you thousands extra if you wait rather than taking the plunge and buy now.
These changes which are due to take effect between the March 31st expiration of the Federal Reserve Board’s mortgage backed securities purchase program (this is one [...]
Continue reading about How Delaying that Home Purchase Could Cost You
The Ivory Homes active adult community located at Daybreak’s Garden Park is set to expand its range of homes to include estate homes, condos and town homes. Currently there are two types of home on offer, Garden Homes and Patio Homes. Both of these home types offer single floor living, with Garden Homes having a [...]
Continue reading about Daybreak Garden Park to Offer New Home Types
The homebuyer’s tax credit that was due to expire at the end of November has been extended to April 30th 2010. In addition to this a new tax credit has been introduced for current homeowners who want to sell their home and buy another.
The amount of tax credit for new homeowners remains the same [...]
Continue reading about Homebuyer Tax Credit for New & Current Homeowners
If you live on the west side of the Salt Lake Valley you will be interested to hear that the Mountain View Corridor has been given the go ahead.
For the first phase they have been allocated $500 million, which they will use to construct a two lane highway (two lanes either way), with a [...]
In a recent study by the Utah Association of Realtors, when people were asked what are the top three challenges in the Utah Housing Market, the number one response was ‘lack of housing affordability’. Second was the ‘current state of the economy’ and third was ‘difficulty in getting a loan’.
The question is, is this [...]
Continue reading about Utah Home Buyers Concerned About Housing Affordability
If you live in South Jordan, you may well have seen the sign promoting the opening of a new Costco store on the corner of 104th south and Bangerter Highway. Originally, the store was supposed to open sometime in 2007, but so far, there has been little sign of any building work. So fed up [...]
Continue reading about New Costco on the Corner of 104th S. and Bangerter Highway in South Jordan
Now that the real estate market has slowed, lease to buy options are now being accepted by some sellers. If you are having problems obtaining a loan due to poor credit and the tightening of the lending guidelines, a lease option maybe the answer to your problems.
A lease to buy option allows you the buyer [...]
Home sales data for the second quarter 2008 is now available. The median single-family Salt Lake County home price was $249,000, which when compared to the same quarter in 2007 ($255,000) is a 2.41% drop. Condominium prices also saw a small drop in price going from $173,950 to $172,600. The prices are coming under pressure [...]
Continue reading about Wasatch Front 2nd Quarter 2008 Home Prices