What Can You Do to Help the Sale of your Wasatch Front Home? Hey everyone, welcome back to our blog. Today we want to discuss a few things you can do to prepare your home for sale in the market this spring on the Wasatch Front. The first thing you have to do is change […]
What Are the Biggest Issues Facing Buyers Today? Purchasing a home for the first time is no easy task. Today, I’d like to share a list of the six biggest obstacles facing first-time homebuyers: 1. Down payment. Unless you’ve won the lottery or are independently wealthy, you’re probably going to need a mortgage. If you happen […]
What All Homebuyers Must Know About New Construction Properties Have you thought about buying a new construction home? If so, there are five points you need to be aware of: 1. New construction homes aren’t always listed on the MLS. Quite often, home builders have agents working as on-site salespeople in order to increase their control […]
What a Roofing Certification Can Do for You Today I’m joined by a very special guest, Travis from VIP Roofing, to help me discuss roofing inspections and certifications. So, what is a roofing certification? Ultimately, a roofing certification gives you a document verifying the condition of your roof. It will give you an idea of […]
What 10 Maintenance Tips Should Every Utah Homeowner Know? There are 10 home repair and maintenance tips that every Utah homeowner should know, and I’d like to share this list with you today. 1. Change your furnace filter every three months. This will extend the lifespan of your furnace and will also keep it running more […]
We’re Giving Away Free Appraisals – $450 Value Educational Video Blog: Stay Up-to-Date on Salt Lake I am very excited to announce our new Salt Lake County real estate video blog. I will be updating you twice a month with tips and advice so you can make informed decisions. My goal is to educate my […]
Watch Out For These Real Estate Scams It can be a scary world out there—though a majority of people are good and honest, some like to try taking advantage of others. The real estate market is no exception, so today we’ll be looking at the scams we want to make sure you’re aware of: 1. […]
Did you know that an average home buyer is currently paying $83 per month for every $100k of loan they have on their home toward mortgage insurance?
Using Football to Explain Your Home’s Closing How does football relate to the closing of your property? The analogy we’ve come up with makes a lot of sense, and we hope it will help shine some new light on the process for you if you’ve been thinking about selling. For this analogy, let’s say we […]
FHA loans have the highest delinquency rates on record, going back to 1979.
This Is How Long a Pre-Approval Usually Lasts If you’re hoping to buy a home, it’s smart to ponder the question, “How long does a pre-approval last?” Even after you’ve received a lender’s stamp of approval for your financing, weeks or even months could pass before you actually buy a house. Will that pre-approval you […]
Thinking of selling your home? It can be overwhelming during good times, not to mention the uncertain times we’ve experienced lately. It’s surprising how our housing market has reacted to COVID-19 over the last couple months.
The Top 6 Reasons to Sell Your Home During the Holidays Should you sell your home during the holidays? I believe the answer is yes, and here are the top six reasons why: You will face less competition. There are fewer sellers on the market this time of year, which means your home will have fewer […]
The Top 10 Tips for Selling Your Salt Lake City Condo What are 10 helpful tips you can use to sell your condo? First, learn about the process of selling a condo in Salt Lake City. One of the biggest mistakes condo owners make when selling is thinking it’s the same as selling a single-family home, […]
The Tale of 2 Markets A couple of weeks ago, I did a market update for our local radio station KNRS. As I was preparing the data for the show, I realized that we had a tale of two markets on our hands. You see, if we look at the availability of all the housing […]
First and foremost we are taking the COVID-19 pandemic very seriously. We are seeing a lot of communities come together and help for those unable to do so for themselves. We love to thank each of you for pitching in. However, if you are one who is in the high risk category, you are in […]
The Stern Team Is Doug Wright’s Choice We’ve got something to share with you today that’s a little different from our regular Stern Team videos. We recently received a glowing endorsement from Doug Wright of The Doug Wright Show. Here’s a snippet of what he had to say: “Good markets, bad markets, they come and […]
The Science of Success and the 6 Steps of Mastery Recently, I had the opportunity to act as a guest speaker on the Salt Lake Community College program “Bruin Voices.” Cited below for your convenience are timestamps which will direct you to various subjects I go over in the video above. Feel free to watch […]
The National Association of Realtors has released their annual report of Home Buyers and Home Sellers. This is our second segment, if you missed the Home Buyer report, please visit www.SternTeam.org, there’s a lot of valuable insight. Today we’re going to cover the NAR’s 2019 profile of home sellers. • Remember that the typical home buyer […]
The Latest Real Estate Numbers Along the Wasatch Front We’re back with another update on the Wasatch Front real estate market. In the third quarter of 2019, we saw a significant jump in sales. Year to date, we’re up 2.1% with over 37,700 homes sold so far in 2019. The average price for all home types […]
The Latest Q2 Stats From the Wasatch Front What do 2019’s second-quarter statistics say about the Wasatch Front market? Home sales are up 4% compared to last year, with over 13,000 single-family homes, townhomes, and condos being sold. Year to date, sales are down 2.5% with nearly 24,000 total homes being sold. The good news […]
The Latest Developments From Our Wasatch Front Market What do our first quarter statistics tell us about our Wasatch Front market? And how do these numbers stack up against last year’s Q1? We’ll answer both of those questions in today’s market update. Let’s jump right in: By the end of 2019’s first quarter, our market […]
The Benefits of Buying and Selling in Winter For today’s topic, we’re going to discuss the benefits of buying or selling in the winter. Contrary to what you might think, the passing of the summer season doesn’t necessarily equate to stagnation in the market now. There are great tax advantages to buying or selling […]
The National Association of Realtors has released their annual report of Home Buyers and Home Sellers. There’s some interesting information here that we felt was pertinent and worthy of sharing. We’ll cover this in two parts. First will be the Home Buyers. • So The first thing I noticed here was that 78% of non-home owners […]
Thank You for Coming! Check out some footage from the event right here. Don’t forget to visit sternteamutah.com for more upcoming events. May the force be with you!
Stand Out in the Salt Lake City Real Estate Market With This Tool Today, Mandi Henriod from Veritas Funding is here to explain a great new tool for homebuyers. As you know, the Salt Lake City real estate market and the Wasatch Front market both favor sellers. Properties are going on the market and getting […]
Should You Buy a New Home or Sell Your Old Home First? Most home sellers are also homebuyers. Because of this, the inevitable dilemma of which transaction to complete first comes up. Buying first is ideal because it allows you to take your time and there are much fewer hoops to jump through. Most people […]
Should I Buy a Starter Home in Today’s Market? A question about the viability of purchasing a starter home in today’s market was recently posed to us, and it boils down to this: Should you invest now in a starter home or would it be more prudent to wait and save for your forever home? Let’s […]
Sequestered at home? Get moving! One of the ways I’m getting through this crazy time is first, keeping a schedule and second making sure that schedule includes an exercise routine. I’ve been working out with my trainer Steve Pizza the owner of SLC Strength and Conditioning for a number of years. I asked him what […]
Salt Lake County Summer Real Estate Update – Why the Next 60 Days are Critical In our latest video, we’re sharing some recent developments in the Wasatch Front housing market, and what they mean for you. Our local market is on par with the nation as a whole, with pending home sales rising only one […]
Salt Lake County Real Estate Market Update Here is a brief update on the Salt Lake County real estate market: In the past year, the median sale price for homes is up to $227,000 from $213,000 at this time last year, an increase of over $14,000. The average final sale price of homes is up […]
Today we’re talking about homeowners who are underwater- they owe more on their home than it’s worth. Zillow recently released a report on the low levels of homes on the market. One of the reasons we have such low inventory is homeowners who feel they are underwater are not putting their homes on the market. […]
What is an iBuyer?
While renegotiating your mortgage loan with your lender may sound daunting, it’s important to act quickly to keep missed payments from getting out of hand.
Our Client Appreciation Event Was a Huge Success Our recent client appreciation event was a huge success. It was a great opportunity for a mid-week date night with your spouse, or just an escape from the day to day. We were thrilled that so many of you were able to come out and enjoy the movie […]
There has been some recovery since the shutdown, however, the velocity of that recovery has slowed greatly in recent weeks
