Daybreak, Utah News - Utah Real Estate

A Sign of the Rise

Even with the Nation Stabilizing Some Cities Demonstrate Above Average Growth

There are signs of real-estate market growth all over the nation. In most cities these signs of recovery are small, but the signs in some cities are significantly greater. One of the major indicators of a growing market is the number of building permits that have been procured. The top three cities in the United States have actually seen more building permits this year than last year. Why are these cities starting to re-grow faster than others in the nation?

The city with the greatest increase in the nation is Lake Charles, Louisiana. There has been a 122% INCREASE in building permits from last year! What is the secret to their growth? The destruction of Hurricane Ike and…

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Can you use the $8,000 from government towards your new home? YES!

It was announced earlier this week that some changes have been made to the $8,000 Federal Tax Credit. The U.S. Department of Housing and Urban Development gave authorization to allow first-time buyers to use their $8,000 UPFRONT. This means it can be used to cover closing costs, to increase your down payment, or buy down your interest rate.

This first-time homebuyer tax credit started last year to help buyers purchase their first home. More details about the loan itself are available here: $8000 Tax Credit. The original tax credit was more like a government loan that had to be repaid. It was improved earlier this year making it so it does not have to be repaid! This latest improvement frees up the money to be used to cover the initial fees of purchasing…

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The Hot months for Housing Sales are approaching!

Here are the Top Places to Sell a Home in Utah this May!

The statistics from April are in! Based on these statistics we can predict where the homes will be selling this month. These summer months are typically some of the best selling months of the year so it’s the perfect time to be living in a hot spot. While most other areas are struggling to sell, those living in these hot spots can get top dollar for their home! Those looking to buy in these areas may expect to pay a little more, but they can count on a stable home value and 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!

1. Davis County Zip 84087 Price Range: $300K - $350K
Sales History Current homes for…

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Utah Real Estate Top Selling Spots

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

Recent statistics show where homes are selling in our ever changing market. Based on these statistics this list shows where the homes are selling, what price ranges they are selling in, and how quickly they are selling. These areas are Utah's hot spots! While most areas of the country 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 this area thinking of selling now is the best time to sell! These areas are Utah's Hot Spots for selling homes right now.

1. SLC Zip…

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Does a Lower Commission Save You Money?

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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Top Places in Utah to sell a home right now!

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 of the country is doing anything including giving away cars with their home....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…

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Free Grant Money up to $10,000

Free Grant Money up to $10,000

The federal government gives away free money. Everybody has seen that on TV. Most people just dont know where to go or how to get it and what the qualifications are.

The Qualifications:

1. Must be a first time homebuyer. (Meaning you cant have owned any homes within the past 3 years.)

2. Must be within a certain income bracket depending on how many people are in your household. (Sorry, dogs and pets dont count.)

How many are available? Why dont more people know about it?

Every year our relationship with the bank and government has been granted only 5 grants per year. My clients are always gobbling them up. Since there arent very many, not very many people know about it. Right now, I am filling out 3…

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What your Realtor is for!

Daily I receive phone calls and numerous online inquiries regarding buying a home in Utah. As I help people every now and than I will bump into a big surprise. Someone is looking for homes, has all sorts of questions, and wants me to do all the work in finding them a home. Now that isnt the surprise. The surprise is that when I ask if they have a Realtor they are using they say yes. Why would they be calling me when they have a Realtor? So I ask, and here are the answers that I get,

a. My agent does this part time.

b. I have a family member that is an agent.

c. My agent is new.

d. My agent is on vacation.

e. I cant reach my agent.

f. My agent isnt sending me anything I like.

g. My friends dad or brothers uncle is an agent.

What…

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Where is the number one place for House Bargain Hunters according to Forbes?

Forbes rated SLC, Utah as number one place for house bargains.

Why? Utah's economy keeps adding jobs and is increasing in population.

Right now, Utah has the lowest amount of homes sold in a decade due to the credit crisis and the overbuilt demand. However, those prices have come down and due to Utah's growth the housing demand has no where to go but increase.

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