The Jared Zimmer REMAX Properties Blog

 

Feb. 29, 2024

Great Reasons to List Your Home Right Now

Great Reasons to List Your Home Right Now

If you've been on the fence about when to list your home, there are some compelling reasons to do so right now.

  • As we head into March, it's still relatively early in the real estate year and there are some real opportunities for sellers.
  • Inventory of available homes in Iron County is at the lowest level for nine months, meaning less competition than any time since last April!
  • As we get nearer to spring and summer, inventory numbers will inevitably grow, so listing right now is a fantastic opportunity to get ahead of the curve.
  • Our market is correcting and we are seeing big price reductions on all inventory on a daily/weekly basis.
  • Playing a waiting game before listing could therefore mean lower returns in the coming months, especially if mortgage rates continue their current upward trend.
  • We are anticipating upwards of a 10% correction in property values throughout the year, so the longer you wait the more it could adversely affect your return.

Please feel free to call us for an informal chat specific to your individual situation - 435-327-2090.

Feb. 13, 2024

The Huge Advantages of Self-Storage Units

The Huge Advantages of Self-Storage Units

**3 months FREE storage?** 
Contact Jared if interested in details when listing a home for sale.

Self-storage units offer big advantages whether you're planning to move or just make life at home more comfortable and secure.

Selling your home - Homes will usually sell quicker when your rooms aren't overcrowded with stuff and without personal items like family photos everywhere, which tend to make it more difficult for homebuyers to envision living in your home. Putting all these things into self-storage before viewings start can really pay off.

Transitioning between homes - Self-storage makes the whole business of moving home so much simpler, acting as a middleman between properties. This is especially useful if your move involves you having to live in rented accommodation for a while.

Decluttering - We all tend to accumulate too much stuff. A simple life-laundry audit of things you feel you can part with certainly helps, but what if there are things you feel you must keep that would make your home an easier place to live in if they were elsewhere? Self-storage facilitates this and even enables you to swap furniture and ornaments around from time to time to create a different look or seasonal feel.

Security - Your home may contain valuable items/heirlooms that you don't use but which would be very attractive to thieves if you're unlucky enough to suffer a break-in. Putting them into self-storage with 24-hour video surveillance gives you much better peace of mind and, of course, you can always bring them out of storage for special occasions etc.

Seasonal items - Self-storage enables you to put away items that you only use seasonally like Christmas decorations and skiing gear, without them taking up valuable space in your home. It's a lot tidier too, obviously.

Downsizing - If you're moving into a smaller home, in retirement for example, but don't want to lose all the stuff you had in a larger residence, or haven't decided what to do with it yet, self-storage is a great way of relieving a lot of stress and worry. And if you want your children to have some of your items at some stage, storing them safely and securely until the kids need them is another great idea.

Business opportunities - If you have plans to start a business from home that involves holding stock, self-storage is the perfect solution to avoid your house quite literally becoming a small warehouse.

The Huge Advantages of Self-Storage Units

EZ Storage - A Great New Storage Option in Cedar City

Situated off Aviation & Highway 56, EZ Storage provides a convenient solution for individuals and businesses in need of extra space.

Our units come in a variety of sizes to accommodate your specific needs, whether you're storing seasonal items, furniture, business inventory, boats, RV’s, or trailers. They can be rented on a short-term or long-term basis.

Our facility is equipped with 24 hour security to keep your belongings safe and secure. Renters can access their units at any time, making it easy to retrieve or add items as needed.

Trust us to provide you with the peace of mind and convenience you need for your storage needs. Visit ezstoragecedarcity.com or call 435-704-6178 to reserve a unit today!

  • 24 Hour Access
  • Digital Video Surveillance/Onsite Security
  • Fully Fenced
  • Automated Gate
  • Paved Lot
  • Drive-up Access
  • Great Customer Service
  • Online Bill Pay
  • RV & Boat Parking

The Huge Advantages of Self-Storage Units

Jan. 19, 2024

Looking Forward to This Year's Housing Market with Optimism

Looking Forward to This Year's Housing Market with Optimism

 

Numbers and statistics paint a picture. Sometimes they show a reality we neither like or expect, but they don't lie.

The graphs here, provided by InWest Title, show similar fluctuations and trends.

We started 2023 with mortgage interest rates at around 6%. In the first quarter they dropped and activity picked up. By mid-year rates were starting to climb and you can see how that affected everything.

Interest rates were just over 8% as we wrapped up 2023. This created an affordability issue for many buyers (the graphs show that, starting mid-year, new inventory plummeted) and most sellers decided to wait.

The really good news is that interest rates have come down already this year and are currently hovering in the mid 6% range.

The Federal Reserve and other important bodies have commented that they anticipate keeping rates down. Today's rates could potentially even get a bit more attractive as we get further into the year.

Clearly this is really good news for buyers and sellers alike and there's more optimism around right now.

Contact us at 435-327-2090 for an informal chat about your best options in the coming weeks and months.

Looking Forward to This Year's Housing Market with Optimism

 

Looking Forward to This Year's Housing Market with Optimism

Looking Forward to This Year's Housing Market with Optimism

Dec. 20, 2023

Merry Christmas from The Zimmer Family

Merry Christmas from The Zimmer Family


Wishing you a wonderful and joyous holiday season and a happy, healthy and successful 2024.

With Gratitude,
The Zimmer Family

Dec. 13, 2023

Great Tips for Holiday Safety

 

Great Tips for Holiday Safety

We are fast heading toward one of the most exciting and enjoyable times of the year.

It's also a very busy time and so easy to get caught up in the festive whirl.

Consequently, it makes sense to plan ahead to make sure your holiday season is a safe one.

Here are some great safety tips for the coming days:

  • Never leave burning candles unattended and keep them away from children and pets.
  • Don't overload electrical circuits, outlets and extension cords.
  • Plants including poinsettias and mistletoe, and even tinsel, are all serious health hazards to pets, if ingested.
  • Always stay in the kitchen when you're cooking.
  • Set timers to check on your cooking at the appropriate intervals.
  • Don't tempt opportunist thieves by placing displays of wrapped presents that are visible in a bay window, for example.
  • Check holiday lights for any storage damage, including frayed or broken cords.
  • Use holiday lights as directed and never leave them on overnight. Automatic timers are perfect for this.
  • If you choose a natural tree, ensure that it's watered daily and keep it at least three feet away from a heat source.
  • Look for a fire-resistant label when buying an artificial tree.
  • Wrapping paper can be a flash fire hazard so never throw it into the fireplace.
  • Don't hang stockings and other decorations over a fireplace that will be lit.
  • Christmas Morning can be hectic. Make sure you've read all safety instructions for presents the kids will be opening and playing with.
  • Spending the holidays away from home? It's best not to share this information on social media.

We hope at least some of these tips are useful. As ever, if you have any questions on real estate, don't hesitate to contact us at 435-327-2090.

Nov. 10, 2023

Holiday Season... Sell? Or Wait? ?- Some Pro Tips to Consider

Holiday Season... Sell? Or Wait? - Some Pro Tips to Consider

It's one of the biggest myths in real estate that homes do not sell as the holidays approach.

The simple truth is that those sellers who withdraw from the market at this time are making it much easier for those who continue to list, reducing competition...

And if that weren't a good enough reason to continue, here's some more:

  • With fewer transactions at this time of year, sales can happen faster.
  • Your home's interior is arguably more welcoming for viewers at holiday time than at any other stage of the year.
  • We are fast approaching the time of year when job relocation is most common. Buyers looking to make a move for this reason will continue to actively look for their next home as they have a deadline to meet.
  • Very busy people often find that the holidays provide the perfect opportunity to view properties at a more relaxing time of year.
  • Tax considerations can add extra motivation to closing a purchase before year end.
  • Buyers are very keen to move-in before the holidays.

In addition to these very valid reasons, there have been encouraging signs of a possible sustained downturn in mortgage rates. While the effect is slight at the moment, we could see an unusually busy end to the year if the trend continues.

And if you have family visiting, it's no problem at all to arrange any viewings to avoid certain time periods.

Why not contact us and discuss your best options - 435-327-2090.

Oct. 19, 2023

Where Are Today's Home Values?

Where Are Today's Home Values?

Where Are Today's Home Values?

As we have shared with you over the past year or so, we saw an unprecedented spike in property values between late 2020 and mid-2022.

So where are we at right now?

The above median sales price graphs, for Iron County and Washington County, give us some important clues.

On average, property values have corrected by 10-12% since the summer of 2022.

If we look ahead and make a best guess for the coming year, it would appear that values have leveled out.

We are not seeing a major drop at this time, as the graphs for 2023 in both counties demonstrate.

With interest rates continuing to climb to around 7.5% at the present moment, it will be interesting to see how the balance of this year plays out.

Values could easily continue to correct over the next year due to affordability issues. Yet, due to the continuing shortage of supply, it could be argued that values will hold.

Without question, we are back to a more "normalized" market, where price and condition are critically important in not just getting a home sold, but also in ensuring you get the most out of your sale.

Why not call us today for an informal chat focused on your own situation - 435-327-2090.

Sept. 22, 2023

A Storage Facility Can Help You Beat the Competition and Sell Your Home

A Storage Facility Can Help You Beat the Competition and Sell Your Home

More than ever, today's challenging real estate market favors homes that show best.

Put simply, buyers have more choice than in the boom years we enjoyed for so long in Iron County.

And even if your home is generally in great condition, if it looks cluttered then it's more difficult for buyers to envision themselves living in it.

Of course there are a wide range of decluttering strategies available to you, but if you have outgrown your current property with the amount of stuff in it, then simplifying the layout of your rooms is a major asset for viewings.

It's reckoned that a very small percentage of buyers can see the potential of a home beyond its present appearance, so you really need to address making that easy for them.

One of the fastest and most effective ways of bringing about big changes is to use a storage facility during the selling process.

You can very quickly achieve an ultra-clean minimalist look that shows your home, not your stuff, and accentuates the flow between rooms and makes the very best of the square footage available.

It also allows you to get ahead in the packing process for the eventual move. Who wants that last minute rush!

It's impossible to know exactly when your home will sell and sometimes the move needs to happen very fast, so what better than to be well advanced in your packing plans with stuff that you rarely need or use, or which makes your home look crowded.

EZ Storage - Now Open

EZ Storage provides a convenient solution for individuals and businesses in need of extra space.

Our units come in a variety of sizes to accommodate your specific needs, whether you're storing seasonal items, furniture, business inventory, boats, RV’s, or trailers.

They can be rented on a short-term or long-term basis. Our facility is equipped with 24 hour security to keep your belongings safe and secure. Renters can access their units at any time, making it easy to retrieve or add items as needed.

Trust us to provide you with the peace of mind and convenience you need for your storage needs. Visit ezstoragecedarcity.com or call 435-704-6178 to reserve a unit today!

Aug. 30, 2023

Where Do Potential Home Buyers Come From? You Might Be Surprised!

Where Do Potential Home Buyers Come From? You Might Be Surprised!

The above map is generated monthly by our website provider.

It shows the number of impressions, or views, on our website for July and, as you can see, although the majority of our site visitors are, naturally enough, based the Utah/Nevada/Southern California corridor, we do, in fact, attract potential home buyers right across the country.

This demonstrates that a lot of people from elsewhere are looking at homes and a possible move to this area. Our extensive online communication strategy is ensuring that, when you list with us, your home is getting exposure right across the nation.

Our website is built with advanced tools that help to attract visitors with an interest in properties in the area and we also build on this with our social media campaigns and other initiatives geared to attracting more attention to your home.

We saw a tremendous influx of newcomers here during the pandemic, but this map shows that interest from other locations is still very much alive and a reflection of how increasingly popular our wonderful part of the world is still becoming.

Why not get in touch with us at 435-327-2090 and find out more about how we go the extra mile to get your home exposed to as many potential buyers as possible.

July 18, 2023

Market Synopsis

Market Synopsis

 

Right now our Iron County real estate market could best be described as flat.

Homes are selling quite well, certainly, but market conditions are such that we don't expect to see much of an increase in activity for the rest of this year.

A significant drop in mortgage rates would definitely help to kick start things, but that seems unlikely.

So, if you've been thinking about listing your home, don't expect things to alter for the better if you wait until the fall. Indeed waiting that long also means there will inevitably be fewer buyers around than there are at present!

One of the biggest issues for sellers right now is being able to distinguish their expectations from what is really happening in a marketplace that's a lot tougher than it was even a year ago.

While the pandemic tidal wave of sales that happened as people migrated from the big cities to communities like ours is over, there are still benefits to be gained from those boom times, especially if you've owned a home in the area for quite a while

Our perspective on this is that, from mid-2020 until late-2022, home values here increased by around 40%. Fast forward to today and we've seen a market correction in the order of 15%-20%. That still means the market is 20%-25% higher than pre-pandemic! Therefore many sellers can still look forward to a fantastic return on their investment.

Playing a waiting game risks things changing further and there is good buyer demand at the moment, so why not talk to us today at 435-327-2090.