June 2011

Found 3 blog entries for June 2011.

Congress has proposed new limits on FHA loans. How will this affect people in Utah? It will reduce your purchasing power is some price ranges. If you want to purchase a home in Salt Lake county close to $600,000, or if you are intending to purchase a home in Utah county anywhere above $270,000, you may not be able to get FHA financing. Anyone who wants to purchase a home above the FHA limit will have to get a conventional loan for that house. Conventional loans have more strict requirements, and may have a higher rate. One thing for sure, you WILL be required to make a larger down payment for a conventional loan.

If you, or anyone you know, will be purchasing a home near the proposed limit you need to close soon. If passed, these limits will go into

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I keep hearing home buyers say the same things they were saying in 2004 and 2005. "The selection is low, and all the good homes are all getting multiple offers." This makes it a prime time to sell your home. ESPECIALLY if you live in a home that buyers are looking for. How can you know where they are looking? HotSpots!

I analyze how many homes sell in each zip code and in every price range. More importantly, I look at how many homes go Under Contract. This helps me determine the HotSpots for the coming month. If you have been waiting to sell your home, now is a great time to do it. You can still take advantage of the low prices and low mortgage rates on your next home purchase. But because you live in a HotSpot, you can get good money for your

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A recently completed study has identified the top 10 real estate markets in the nation for investors. Based on national statistics Salt Lake City is ranked 7th in the nation!

Find YOUR investment properties here

A combination of factors make Salt Lake City an excellent location for investment properties. What makes Salt Lake so good?

  • We have a high affordability rate for homes (it is a great time to buy).
  • There is a supply of foreclosures which are great deals!
  • We have a high population growth which means the projected return on investment is high. 
  • Our unemployment rate is already below the national average, and it is improving faster than most of the nation.
  • Living in Salt Lake City also has a relatively low cost of
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