For Buyers Interest Rates Move-Up Buyers Housing Market Updates Buying Myths When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here’s what you need to know. The […]
Monday Market Brief Aug. 7, 2023
What’s Up with Real Estate? National news and local views for the week ending Friday, August 4, 2023 Hello Monday!!! Monday Market Brief for you… National Real Estate News Time in the market This quote was for stocks & bonds, but it applies to homes too! Home ownership builds massive wealth over the long-term. Over […]
Housing stats, growth, supply and % rates
A look at our Utah Housing Market Stats, the effects that supply has on the market as well as our interest rates. Home prices have risen by 65.54% in the past 5 years. This constant growth is expected to reduce gradually. Thus leveling out the housing market and making it a bit more favorable for […]
Owning Your Home Helps You Build Wealth
Have heard some people say it’s better to rent than buy a home right now. Let’s look at a different view. Even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long-term investment that helps your net worth […]
Explaining Today’s Mortgage Rates
If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. But, there’s one thing that’s historically a good indicator of what’ll happen with rates, and that’s the relationship between […]
Generations Seeking Micro-Living
Both millennials and baby boomers are looking for scaled down micro-living units, similar to well-appointed motor homes. But there are no chemical toilets here! Micro-living units are as small as 200 sf/19 sm, and the better ones are designed using space-saving features that often make us exclaim, “Oh, that’s cute!” But don’t call them […]
The latest housing market statistics for Farmington 84025
July 17, 2023 here are the latest housing market statistics for Farmington 84025! If you’d like more detail on the market, what’s available or how much your home might be worth, let’s set up a meeting to discuss! #houseexpert #housingmarketexpert #house #home #listreports #localhousingdata #areaexpert #realestate #realestateagent #househunting #homeowner #hometrends #housingtrends
Sell First, then Buy? or Buy First, then Sell?
Like the classic negotiating problem called the Prisoner’s Dilemma, there are trade-offs when trying to decide if you should sell your current home before buying, or buy before selling. If you’re a home owner wanting to move, you face a classic dilemma. If you make one choice—sell first, then buy—you stand to lose one way. […]
Here’s Why You Shouldn’t Max Out Your Budget When Buying A Home
When it comes to purchasing a home, it’s easy to get caught up in the excitement of finding your dream property. However, it’s important to consider the potential drawbacks of maxing out your budget for this significant investment. By buying a home that is within your means, you can maintain financial stability and preserve the […]
Downsizing… the Benefits for Homeowners
Some Highlights Downsizing is a popular choice for homeowners when they retire or when their needs change, but with inflation still high, it’s also a way to reduce costs. Downsizing could help cut down on your expenses and your equity can fuel your move. If you’re thinking about moving to a smaller home, let’s connect to go over your housing goals and look at your options on our local market.