Tuesday, June 25, 2019 / by Jessica Salazar 801.416.3344
Utah Division of Real Estate announces statewide campaign to warn of growing email scam
by Jennifer Weaver
Monday, June 24th 2019
(KUTV) — The Utah Division of Real Estate launched a new public outreach campaign to warn the public of an email scam that targets property transactions.
Francine A. Giani, executive director of the Utah Department of Commerce, announced Monday that a rapidly growing scam coerces respondents into wiring payments and other high dollar real estate proceeds to con artists’ accounts.
Giani said in a prepared statement:
Utah’s real estate market is red hot and scammers are looking to profit millions off the backs of our hard-working citizens. Be smart and question any email message that looks different from what your real estate agent or title company instructed you to do. If something seems off, call your agent or title company over previously estab ...
Monday, June 24, 2019 / by Jessica Salazar 801.416.3344
Knowledge is power, ever heard that saying?
By knowing what things are selling for and average statistics you can
-make a strong offer
And know where to buy!
Each area is different.
Every Tuesday at 7 I’ll be doing a Facebook live to answer questions and look up areas so make sure to tune in!
Today’s report is based on Weber county
June 24 2019
296 homes sold
Median price was $270k
Median sales price vs original list 100%
Median days on market 13
Tuesday, May 28, 2019 / by Jessica Salazar 801.416.3344
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In this April 27, 2019, photo, Andy and Stacie Proctor stand in front of their new home in Vineyard, Utah. For some millennials looking to buy their first home, the hunt feels like a race against the clock. The Proctors ultimately made a successful offer on a three-bedroom house for $438,000 in Vineyard. (AP Photo/Rick Bowmer)
SALT LAKE CITY (AP) — For millennials looking to buy their first home, the hunt feels like a race against the clock.
In the seven years since the housing crash ended, home values in more than three-quarters of U.S. metro areas have climbed faster than incomes, according to an Associated Press analysis of real estate industry data provided by CoreLogic.
That gap is driving some first-timers out of the most expensive cities as well as pressuring them to buy something before they are completely priced out of the market.
The high cost of home ownership is also putting extreme pressure on 20- and 30-somethings as they try to balance mortgage ...
Saturday, May 04, 2019 / by Jouleen Cowgill 385.213.2542
Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week!
This is great news for anyone who is planning on buying a home this spring! Freddie Mac had this to say,
“Mortgage interest rates have been steadily declining since the start of 2019. These lower mortgage interest rates combined with a strong labor market should attract prospective homebuyers this spring and could help the housing sector regain its momentum later in the year.”
To put the low rates in perspective, the average for 2018 was 4.6%! The chart below shows the recent drop, and also shows where the experts at Freddie Mac believe rates will be by the end of 2019.
If you plan on buying a home this year, meet with a local real estate professional who can help you start your home sear ...