Need to Dispute Your Property Tax Assessment? In Utah, July is known for many things. One of the lesser-known things is the fact that it’s also the month we get our property tax assessment notices in the mail. I’m not an expert as to how the county calculates property tax values, but I do know […]
Need Help Disputing Your Salt Lake Property Taxes? So, tax notices are coming out in the middle to the end of July. If you think the tax assessed value has come in too high, you have a few options to consider that will assist you with the dispute. Here’s the 3-step process you need to […]
Millennial Home Buyer Mistakes You Should Avoid Today I want to speak about some common mistakes that I see Millennial home buyers making when they set out to buy homes. This is going to be brief, because we’re in the busy summer market here in Salt Lake City, but here is what you need to […]
Today we want to introduce to you The Stern Team’s Love it or Leave program, the ultimate buyer protection plan for uncertain times. Buying a home is a big decision, and one that you literally have to live with. We strive to find you the perfect home, a home that you will love for years […]
Lock In Your Interest Rate With This Great New Program Interest rates are on an upward trajectory, but not everyone can take advantage of the low rates we have now. I’m joined today by Mandi Henriod of Intercap Lending, who shared with us a great way buyers can lock in current interest rates. Let’s say rates […]
Learn about our “Virtual Home Buyer Program” We realize that it’s a different sort of time, but the real estate market continues to be going strong! Serious buyers are out there and taking advantage of this opportunity to find their perfect home! We always strive to offer only the best in client experiences so we […]
Key Facts About Home Inspections To understand how a home inspection benefits you as a buyer, you need to first understand what a home inspector does and what’s all included in a home inspection. First, although you can choose your own home inspector here in Utah, they aren’t actually required to be licensed in our […]
Low supply and rock bottom mortgage rates are keeping the housing market highly competitive even during the ongoing pandemic.
Our housing market is currently healthier than the majority of our nation.
We hope you and your loved ones continue to stay safe and healthy. COVID-19 continues to be the topic of conversation and the dominating force in our lives. With all the volatility in the stock market and uncertainty about the length of time this may last, a lot of folks are rightfully concerned about another […]
In Salt Lake County, Now is the Time to Upgrade to a Larger Home You’ve Always Wanted! Today, we’re going to talk about bigger homes and why now might be the time to make your move on the Wasatch Front. The other day, we saw a report on CNN that talked about average home size. […]
How Will the FHA Guideline Changes Affect You? Today we’ve got a special guest joining us, Mandi Henriod of Veritas Funding who is going to talk to us about some guideline changes that are coming for FHA loans that you should be aware of. There are two things you really need to know about, and […]
How Will the Fed’s New Interest Rate Affect Home Mortgage Rates? What does the Federal Reserve cutting its target interest rate to near zero percent mean for mortgages? This is the second emergency rate cut in two weeks and brings the federal funds rate to between 0% and 0.25%. It’s designed to stimulate the economy […]
How Will Rising Interest Rates Affect Wasatch Front Home Values? Do rising interest rates affect home values on the Wasatch Front? The answer might surprise you. Many people are wondering whether they should sell now or wait until the spring season arrives. Here’s something to think about if you are asking yourself that question: when […]
How We Sold an Expired Listing in Less Than 2 Weeks We recently sold a property for more than list price in less than two weeks. Prior to working with us, these clients had their home on the market for over six months before the listing expired. During that time, the property had six showings […]
How We Do Things at The Stern Team “People don’t care how much we know until they know how much we care.” Since 2002, that’s been our motto at The Stern Team. Today we asked our own employees how we uphold this motto. In the video above, you can get an idea of what it’s […]
How to Sell Your Salt Lake County Home and Always Come Out Ahead Today our blog is all about home sellers. If you are thinking of selling your home, you might have already noticed a lot of mixed signals in this shifting market. Interest rates have gone up in some areas, while they have remained […]
How to Sell for Top Dollar on the Wasatch Front There are 4 common strategies that most sellers use to price their homes. It is unwise to assume that a higher asking price will net you a higher selling price. In fact, this equation works in reverse if you’re not paying attention to what the […]
How to Invest in Real Estate With a Self-Directed IRA Did you know that you can use self-directed IRAs to purchase investment property? It’s true. The IRS permits retirement accounts like IRAs to invest in real estate, among other options. There are a lot of advantages to using a self-directed IRA, or a solo 401(k) […]
How to Increase Your Chances of Getting Multiple Offers Today I’d like to speak about how you can get multiple offers on your home and get top dollar when you sell in Salt Lake. You first have to realize that selling your home begins online, because over 90% of buyers begin their home search on […]
How to Freshen Your Home up After the Winter Months Spring’s nearly here and as a homeowner, it’s an exciting time to get your home ready. Many parts of the house might have been neglected or unused over the winter since you’re staying inside for most of the season, so it’s important to get out […]
How to Compete in Multiple Offer Situations When inventory is tight, competition between buyers significantly increases. In fact, with as few choices as are on the market right now, it isn’t uncommon for us to see 30 or more offers on a single home. This can be extremely frustrating for buyers. Sometimes against that much […]
How to Compete and Win as a Buyer in a Seller’s Market Sometimes, homebuyers wonder if it’s even worth trying to compete over homes in a hot seller’s market. When there is very little inventory in the market, it isn’t unusual for a single property to receive upwards of 20 offers. And only one buyer […]
How to Buy Property Through a Partnership It’s always our goal to keep you educated about all things real estate so you can accomplish your buying, selling, and investment goals. Today we’ll be talking about how co-borrowers works in real estate. We’ve seen home values increase by over 30% in the last five years, and […]
How Should You Prepare Before You List? If you plan on selling your home this year, there are a couple things you must do to prepare. Every market is different, but these tips will certainly apply regardless of your area. 1. Add a fresh coat of paint. Buyers these days begin their search online, so you […]
How Should You Deal With a Low Appraisal? A home appraisal is a part of every home that is bought with financing. Low appraisals can happen for many reasons, including: -Artificially inflated values because of multiple offers-Incorrect evaluation by the underwriter-An inexperienced appraiser who doesn’t understand influences on value-Market values rising due to limited inventory-Appraisers […]
How is COVID-19 Affecting the Mortgage Market? Today we want to talk about the mortgage market and how COVID is changing the mortgage landscape. JPMorgan Chase just announced that it has stopped accepted HELOC applications as of April 14th, 2020. Of course, they’re calling this a temporary pause. In addition to that, JPMorgan Chase is requiring 20% […]
How Inventory Affects the Wasatch Front Market There are eight things that we feel you can do to compete to get the home you want in the Wasatch market. Be informed. If there’s a specific neighborhood, community, or builder you’re interested in, start researching and following them on social media and set up Google alerts. […]
Unemployment, COVID, and our economy…
How Has the Market Been Doing This Year? My goal is to keep you educated about all things real estate so that you have the ability to make great decisions when it comes to your own home selling, buying, and investing goals. With that in mind, I want to talk to you today about the […]
How Does the Wasatch Front Market Look Right Now? Today we’re excited to share our third quarter market statistics for the Wasatch Front. These numbers are through October 4 of 2018 and we’ll be comparing them to the numbers that we saw through October 5 of 2017. As for home sales, they’re relatively stable and […]
How Do We Know Our Market Is Strong? What are the signs of a strong housing market? We’re here to tell you. It all starts with the economy. Right now, there’s really only one portion of our economy that’s firing on all cylinders, and that’s the housing market. New home sales are currently at their […]
How Did Our Wasatch Front Market Do in the 1st Quarter? How does the first quarter of 2017 compare to the first quarter of 2016 along the Wasatch Front? First, our average sold home price is at $308,000, which is up 11% from the $277,000 mark set last year. The average days on market decreased […]
How Can You Use Crowdfunding to Invest in Real Estate? Today we are going to talk about real estate investing, crowdfunding style. This morning, when I woke up, I went online and researched crowdfunding in real estate. What I began to notice is that there are dozens of platforms for individuals to begin investing in […]
How Can You Receive Multiple Offers on Your Home? Welcome back, and thanks for joining us again. Today, I’m going to be talking about how sellers can benefit from multiple offers. As a seller, there are a few important tips you need to remember if you want to maximize what you get for your property […]
How Can You Get Your Dream Home on the Wasatch Front? Hey guys, thanks for coming back. If you are a buyer, you’ve likely noticed that the market is hot. We have very little inventory, but there are several things you can do to help you and your offer stand out in this market. The […]
