The UTAH Housing Corporation recently released a report noting that there are now record highs being seen in home sales. In fact, numbers haven't soared like this since the housing crisis 7 years ago. It's left real estate agents scrambling to help homebuyers close sales within weeks, not months. For UTAH sellers, this is great news. For homebuyers, it may pose a problem – if you hesitate. Read More...Comments
Salt Lake City Utah Real Estate Blog
What's trending in real estate right now? Location, location, location. Most home buyers know the classic advice to look for a home in a desirable location, but in UTAH, that is especially true. The hottest locations to buy right now are those that are family friendly. UTAH is a family state, known for having residents who are very family oriented. As the economy recovers, many people are relocating and family-friendly states are at the top of the list. Read More...
In 2008, the housing market took a huge hit, financially. This affected the economy of the entire U.S. including everyone from lenders to buyers and in between. In UTAH, foreclosures skyrocketed and home values plunged downward leaving a crisis that has taken years to recover. However, now that the economy is moving ahead once again, UTAH lenders and homebuyers are once again looking to do business. This means that home values are starting to recover as well. Read More...Comments
If you're looking to refinance your UTAH home, now is the perfect time. With the lending crisis subsiding, lenders are once again looking for homeowners who are ready to take steps toward refinancing. The process of refinancing your home affords a number of options, including some financial flexibility. In essence, refinancing is simply revising the terms of your lending agreement. Another benefit is that the terms are going to be more favorable, and your monthly payments will usually be lower. Read More...