Buyers

Oct. 17, 2022

Mortgage Buydowns Explained

Mortgage Buydowns Explained

If you're selling and/or buying a home right now, you probably don't need reminding that the average interest rate on 30-year loans has continued to climb.

Unsurprisingly, this is a key focus and concern for buyers and the biggest current objection to going ahead with a home ...

View More
Sept. 15, 2022

Shift... a quick glance into the past, present & speculative future

Shift... a quick glance into the past, present & speculative future

This gorgeous Cedar City property sold in October 2017 for $620,000. It's a stunning 7800 sqft, 7 bedroom, 6.5 baths, 4+ car garage mansion, loaded with every possible feature. It was listed a few months back @ $1.5M and recently expired.

Something to consider: How would such ...

View More
Sept. 1, 2022

What's Happening in Our Real Estate Market as We Head into Fall?

What's Happening in Our Real Estate Market as We Head into Fall?What's Happening in Our Real Estate Market as We Head into Fall?

What's Happening in Our Real Estate Market as We Head into Fall?

Numbers don't lie. As the above graphs show, inventory of available homes for sale is building in Iron County and prices are correcting.

While many would-be sellers are "holding out", the reality is that the tidal wave of home sales crested earlier this year and that tide is now ...

View More
Aug. 9, 2022

Current Trends in the Southern Utah Real Estate Market

  Current Trends in the Southern Utah Real Estate Market

The above graph, courtesy of Southern Utah Title Company, shows the home sales performance of the Southern Utah real estate market so far in 2022, compared with the whole of 2021.

As can easily be seen, the number of homes sold a month has lagged behind the 2021 totals for ...

View More
June 29, 2022

Succeeding in a Changing Real Estate Market - Price and Condition are Key!

Succeeding in a Changing Real Estate Market - Price and Condition are Key!

Succeeding in a Changing Real Estate Market - Price and Condition are Key!

Succeeding in a Changing Real Estate Market - Price and Condition are Key!

The current pressures on the real estate market are all over the news.

Rising inflation and mortgage rates are rapidly changing what buyers can actually afford and today's home seller has to face some new realities.

The astonishing price growth that sellers were enjoying not so long ago has ...

View More
May 31, 2022

Tracking Key Trends to Understand What's Influencing Our Real Estate Market

Today we'd like to show you a couple of graphs that help to illustrate what's happening in real estate at the moment.

Above you can see how inventory of available homes for sale in Utah has risen in 2022, compared with the notably lower figures for year-to-date in ...

View More
May 17, 2022

Where Is The Market Headed?

Where Is The Market Headed?

 

You are probably already aware that mortgage rates have been ascending for most of this year and are now above 5%, on average, for a 30-year loan.

This is a situation we have been tracking in our email communications with you for some time and now we are seeing ...

View More
April 21, 2022

Iron County Real Estate Continues To Flourish

Iron County Real Estate Continues To Flourish

Rising mortgage rates haven't changed the fantastic home sales trends we continue to enjoy in the Iron County area.

As the above statistics for March demonstrate, we are still seeing very positive key pointers.

Median sale price was up by over 29% on the same period last year, reflecting ...

View More
March 16, 2022

Our Iron County Real Estate Market is Staying Strong

Our Iron County Real Estate Market is Staying Strong

Above are a selection of latest real statistics for Iron County (February).

Even though the real estate market is facing a number of challenges right now, on a national level, our market just continues to go from strength-to-strength.

Comparing last month with February 2021, we saw:

  • An increase of over ...
View More
Feb. 28, 2022

Mortgage Rates - Is Right Now a Great Opportunity to Seize the Moment?

Mortgage Rates - Is Right Now a Great Opportunity to Seize the Moment?

This year we've already seen quite significant rises in mortgage rates.

It's not the first time that it's happened before, only for something to come along that suddenly halts the upward climb.

We saw this a couple of years ago as the pandemic took hold and rates ...

View More