The Real Estate Professionals
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ARCHIVED BLOG POSTS
2011
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Spring brought a lift to home prices for the second month in a row for most major U.S. cities and are stabilizing after declining for many years. However, these are not indicators the housing is out of the woods yet or in a firm rebound. Sales were boosted by a rush of spring buyers while mill...
07/28/2011
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Written by Utah Real Estate Professionals The National Association of Realtors® released their existing –home sales report this week. The news was less than desirable. • Total existing-home sales declined 8.8% below June 2010 sales. • Existing Home Sales are at annual rate of 4.77 million in Jun...
07/23/2011
Written by Utah Real Estate Professionals If Congress doesn't raise the Debt ceiling, no one can actually say what will happen - as we posted yesterday, this has never happened before - ever. Here are what some are saying COULD happen if Congress doesn't raise the Debt Ceiling: Home value...
07/20/2011
There is only a short time before a decision has to be make on the debt ceiling. It will impact the real estate industry if nothing is done and the United States starts defaulting on payments. Below is an article I would like to share with you about the importance of the debt ceiling and how it ...
07/19/2011
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Written by Utah Real Estate Professionals Last week we reported mortgage rates for a 30-year fixed loan hit a two month high rate of 4.79%; 15-year fixed climbed to a 5.27% rate and the 5-year ARM rose to 3.49% while the 7-year ARM inched to 3.72%. Well, it's no wonder this week there are repor...
07/13/2011
Rents are Going Up! Should You Buy? Should You Invest? July 9, 2011, Written by Utah’s Real Estate Professionals Do you rent? Chances are you are one of the over 1/3 of the population in the Salt Lake County area who are leasing their residence. Do you own rental properties? Have you thought ...
07/11/2011
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Are you waiting for loan rates to go lower? You may have just missed the bottom - rates just jumped up to their two month high. Mortgage rates have been historically low and even at a high of 4.9% is still a great rate, however you may want to lock a rate now. Utah Real Estate Professionals can h...
07/09/2011
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Originally posted on Realtor.com July 5, 2011 by Lawrence Yun, Chief Economist & Senior Vice President, Research · Each day the Research staff takes a look at recently released economic indicators, addressing what these economic indicators mean for REALTORS® and their clients. Today’s update high...
07/06/2011
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