Breaking News: February Surge in Sellers creates more inventory for Buyers Nationwide. Zillow's February 2024 Market Report offers valuable insights into the current state of the real estate market. One notable highlight is the significant 21% surge in home listings compared to the previous year. This surge underscores the robust growth experienced in the housing sector. Despite this impressive increase, the report also delves into other crucial aspects of the market. Key findings reveal a steady rise in home values nationwide, attributed to factors like slowly lowering mortgage rates and high ..read more

Four Expert Views on the 2021 Housing Market The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence Yun, Chief Economist, National Association of Realtors (NAR) “In 2021, I think rates will be similar or modestly higher, maybe 3%...So, mortgage rates will continue to be historically favorable.” Danielle Hale, Chief Economist, realtor.com “We expect sales to ..read more

We all wish would could just be done with coronavirus. However long it may take, here are several precautions from Realtor.com that you can take right now.  1. Install touchless faucets 2. Switch to automatic soap dispensers 3. Upgrade to a bidet or touchless toilet 4. Use smart lighting for touchless illumination 5. Eliminate contact with smart door locks 6. Take it outside year-round with space heaters 7. Try a sanitizing closet on for size   ..read more

The season you sell your home can have an impact on how much you get for your home and how quickly it sells. The season that has the most success in selling homes is spring. This is a good time of year for families moving to new school districts and is also more convenient weather for moving. Because of this trend, most people will recommend waiting to list your home until after the winter is over. Avoiding the winter is a huge misconception in the housing industry and can cause homeowners to miss out on opportunities. Selling in the winter can give you a few advantages. There will be fewer h ..read more

You're invited to our Grand RE-Opening & Holiday Party Celebration! Be sure to sign up here or below! forms.gle/sJaDEfHduWdkECTB7 Seven years ago, we launched an idea to start a 'boutique style' ???? ?????? ????????? helping clients ??? ??? ???? ??????. In divine inspiration, we rented this cute little house on 500 South in Bountiful. After years of hard work and the loving embrace and support of this amazing community... we were able to buy and remodel that cute little house! It has been transformed into a professional Real Estate office both inside and out! We are so glad we did it! Bry ..read more

The UtahRealEstate.com website has published its September 2022 Market Statistics.   Total number of homes sold last month were 3,501. 2,555 were Single-Family Homes. 946 were Multi-Family Homes such as townhomes and condos. The median sales price for single-family homes sold last month was $554,000. This number was up 8.6% from September 2021. The medial sales price for multi-family homes sold last month was $405,000.  That number is also up 7.0% from September 2021. Homes were on the market for 31 days.  That's up 22 days from last months bewteen when homes were placed o ..read more

Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead for the price of my home, know that experts are now answering this question, and its welcome news for homeowners who may have been led by the media to believe their home would lose value. Historically, home prices have appreciated at a rate near 4%. For 2023, the ..read more

With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good news is, there’s concrete data to show why this is nothing like the last time. There’s a Shortage of Homes on the Market Today, Not a Surplus The supply of inventory needed to sustain a normal real estate market is approximately six months. Anything more than that is an overabundance and will causes prices ..read more

Don’t Wait for a Lower Mortgage Rate – It Could Cost You Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the buyers who worry they’ve missed out, rest assured today’s mortgage rates are still worth taking advantage of. Even today, our mortgage rates are below what they’ve been in recent decades. So, while you may not be able to lock in the rate you ..read more

5 Factors That Reveal Where The Real Estate Market Is Really Headed It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country. News website The Atlantic summarized the sizzling home market this way: “Pick a housing statistic at random, and it’s probably setting an all-time record. Home prices: record high. Inventory: record low. Percentage of homes ..read more