The Hot months for Selling a Home are Here!

Low mortgage rates combined with Government incentives are encouraging home buyers to make the move. Families with children are out of school and need to find their new home before the next school year starts. These next few months are the hottest months of the year to sell your home.

These are the areas of Utah that are heating up and selling homes. Based on last month’s home sales statistics, we can predict where the highest level of interest will be this month. If you’re living in one of these Hot Spots now is the best time to sell your home. Those living in these hot spots can get top dollar for their home!

If you are looking to move this summer, it is the perfect time to purchase a home. The

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The Hot months for Selling a Home are Here!

Low mortgage rates combined with Government incentives are encouraging Home buyers to make the move. Families with children are out of school and need to find their new home before the next school year starts. These next few months are the hottest months of the year to sell your home.

These are the areas of Utah that are heating up and selling homes. Based on last month’s home sales statistics, we can predict where the highest level of interest will be this month. If you’re living in one of these Hot Spots now is the best time to sell your home. Those living in these hot spots can get top dollar for their home!

If you are looking to move this summer, it is the perfect time to purchase a home. The

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Recent statistics show where homes have been listed and sold. Based on these statistics we can predict where the homes will be selling this month. These areas are Utah’s hot spots! While most areas are struggling to sell, those living in these areas can get top dollar for their home because of the high demand! Those looking to buy in these areas may expect to pay a little more, but they can count on being able to sell their home if they ever need to. For those who are living in these areas thinking of selling; now is the best time! These areas are Utah’s Hot Spots to sell homes right NOW.

1. SLC Zip 84103 Price Range: $300K – $350K
Sales History Click Here List of Homes for Sale Click Here

 

2. SLC Zip 84109 Price Range $200K – $250K
Sales History…

Top Places in Utah to Sell a Home! (Salt Lake County Top Spots)

If you live in one of these areas, you are in a hot spot! While most areas of the country are doing anything to sell...you can get top dollar for your home! If you are a buyer looking to buy in these areas, yes you may be paying more as you won't have as much negotiation room. But you can count on being able to sell your home if you ever needed to. These areas are Utah's Hot Spots for selling homes right now.

It is possible in any area to sell a home within a month. We have been doing that all year. The timeframe on the areas below represent with the current demand how fast it would take to deplete all the inventory on the market. 4-6 months of inventory represents a normal market.

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You have seen the headlines "Why Pay 6%? Save $2,000 to $4,000!"

Did you really end up saving? Lets take a look at a couple scenarios.

Sometimes its tough to really know, many times you will never know. Why? Because there rarely is the exact same home for sale at the exact same time as each other listed with different brokerages. But we found some for you to look at. These two homes were on the market at the exact same time and were considered competition as they were exact comparables.

EXAMPLE A:

 

This home was listed with a discount brokerage, and 2 different nation wide traditional brokerages.

Time on market: 470 Days

Net to seller after paid closing costs: $206,200

 

EXAMPLE B:

This home was listed with a Discount

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Home not selling? You are thinking of renting it out and moving? Think Again!

The way loans used to work don’t work that way. That’s what I did back in 2001 or so when the market in Utah was depreciating. I just moved out of my home, leased it out and bought a new one.

FannieMae changed their rules though. You can't do that anymore. Why the change? There was something mysterious going on with many buyers this past year. They were upside down in their home, so they moved out, bought a home and left their home behind them. So FNMA changed the rules.

Heres the new rules:

If you move out of your current home and into another, you have to qualify for both payments. (Old days they would let you count the rent..but not anymore.

Not only would you

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Home not selling? You are thinking of renting it out and moving? Think Again!

The way loans used to work don't work that way. That's what I did back in 2001 or so when the market in Utah was depreciating. I just moved out of my home, leased it out and bought a new one.

FannieMae changed their rules though. Cant do that anymore. Why the change? There was something mysterious going on with many buyers this past year. They were upside down in their home, so they moved out, bought a home and left their home behind them. So FNMA changed the rules.

Heres the new rules:

If you move out of your current home and into another, you have to qualify for both payments. (Old days they would let you count the rent..but not anymore.

Not only would you have

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When is it the right time to sell your home and buy another one so you can make the most money?

Many people are asking this. Well, let's go over some numbers. Say you have a $200,000 home to sell right now in the Salt Lake Valley. We would have to go over statistics for your specific home and neighborhood but for an example we will just go with a safe number. Right now the odds of selling your home in your neighborhood is 25%. What about the odds of selling a home in a neighborhood where there are $400,000 homes? The odds will drop to about 2%. As you can see there is more demand in the neighborhood currently where you are selling and less demand in the area that you want to buy. This means two things. You are selling high....and buying low.

SHOULD

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