Buyers market

March 4, 2019

Hello Buyers

UTAH HOUSING VS OUR PREFERRED LENDER,

Utah Housing Capped at 45% DTI - Second Mortgage of 3.5% and Fico 660 most common. Vs Our Preferred Lender Not capped at 45% dti and Fico can do down to a 620 Fico. 

Watch to learn more and Wait no longer we ...

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March 2, 2019

Homeownership Move to Highest Level Since 2014

Are some households switching from renting to owning. More Americans are becoming homeowners. The national homeownership rate increased slightly to the highest level since 2014 in the fourth quarter of 2018, reaching 64.8 percent, the U.S. Census Bureau reported this week.

The homeownership rate has been gradually ...

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March 1, 2019

Spring Is in the Air:

We May See a Cooler Spring Home-Buying Market, About 73,000 more listings are for sale this year compared to last year. That's because for the fifth month in a row, the number of homes on the market surged 6% in February compared with the same time the year ...

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Feb. 19, 2019

Provo Utah Best for Buying Starter Homes

Get ready for a real estate tsunami—two of 'em, in fact. America's largest-ever generations, millennials and baby boomers, are entering their prime home-buying years at the same time! 

Provo, UT

Median list price: $377,500

Share of buyers aged 35 and younger: 51% In recent years, Provo's cultivated ...

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Feb. 12, 2019

Most Unaffordable Housing Markets

Revealed! Affordability is a top-of-mind concern for renters and aspiring home buyers. So Precision Realty & Associates LLC wanted to find out: Where is the gap widest between what people earn and what they shell out for housing?

What we found wasn't necessarily the most flat-out expensive real estate ...

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Feb. 9, 2019

Rates Fall to 10-Month Low

Borrowing costs were cheaper this week, as mortgage rates continued inching down. “The U.S. economy remains on solid ground, inflation is contained, and the threat of higher short-term rates is fading from view, which has allowed mortgage rates to drift down to their lowest level in 10 months,” ...

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Feb. 8, 2019

Has Spring Sprung Early

Are you ready to sell your house?  Demand for housing is picking up and housing analysts are pointing to lower mortgage rates as the main reason. The spring buying season may be coming early.

Spring has sprung early, as buyers hope to get a quick deal before rates turn ...

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Feb. 7, 2019

Stop Sitting on the Sidelines:

Get Up and Buy a Home This Year. If you've been sitting on the sidelines, we've got good news and we've got bad news: Things are finally slowing down. But they might not slow down fast enough for your liking.

Don't despair, though—this year still stands ...

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Feb. 5, 2019

January Shows Uptick in Seller Price Cuts

January 2019 housing data: More listings are facing price cuts,

particularly among the nation’s largest markets. The January U.S. median listing price was $289,300, up 7 percent year-over-year

 

  • Nationally, homes sold in 87 days in January, two days faster than last year
  • National inventory grew 6 percent ...
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Feb. 1, 2019

House Hunting with Kids

Open Season: House hunting with children can add another layer of complexity to your search. It is a balancing act; moving can be difficult for both young children and finicky teenagers. When you are house hunting for your family, consider how the home will suit your kids now and in ...

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Posted in Buyers market, Buying