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Market Update

A Year-Over-Year Market Comparison

Here’s what the market stats say as we head into the second half of 2021. As we pass the midway point of 2021, how do the year-to-date (January through the end of June) stats compare to what we saw last year? Here’s a quick breakdown of our marketplace. The entire MLS: The average sale price […]

May 2021 Wasatch Front home price update

Friends and Clients— U.S. home prices are swelling, and anxious buyers and sellers are worried about a real estate market crash. However, today’s market bears little resemblance to the one that fueled 2008’s crisis. Market watchers are wary because the median sale price in the U.S. in February was $313,000, an increase of almost 16% […]

Are we in a housing bubble?

We hear that from time to time and while we have our own opinions on this (NO) – it’s nice to hear it coming from someone like finance personality, Dave Ramsey. Watch the video below to hear his take! We’re proud to be one of Dave Ramsey’s ELPs (Endorsed Local Providers) – a prestigious title […]

The Waiting Game: An $80,000 Mistake

The Waiting Game: An $80,000 Mistake We saw housing prices gain north of 12% along the Wasatch Front and the state of Utah in 2020. That’s remarkable given the circumstances. We know that Utah currently has the lowest unemployment rate in the country. We’re #2 in terms of in-migration, or families relocating to work in […]

Will Housing Prices Cancel Out Low Mortgage Rates?

Today I look at the broader question of “Will Housing Prices Cancel Out Low Mortgage Rates?” I stumbled upon a great Realtor.com article that I’d like to share with you. This article covers the national economy and the real estate economy.

The (NAR) National Association of Realtors 2019 Profile of Homebuyers

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 […]