Interest Rates

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
June 15, 2022

Picking a Winning Strategy in a Real Estate Market That's Full of Contradictions

Picking a Winning Strategy in a Real Estate Market That's Full of Contradictions

Following real estate news developments nationally can be a disconcerting experience for many right now.

Just this week, we've seen mortgage rates break the 6% barrier for a 30-year home loan, and continuing to rise from there! Home buyers are also having to cope with price inflation and, very ...

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
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
Feb. 26, 2021

Are House Prices Sustainable? Should I Buy In This Market?

This has, inevitably, led to us often being asked two important questions:

Is this price growth sustainable?

Although it now seems a long time ago, the reality is that prices were very out of synch due to the market collapse years and we are, in fact, still seeing a correction ...

View More
Jan. 29, 2021

Should I Wait Until Later In The Year To Purchase My Next Home?

Should I Wait Until Later In The Year To Purchase My Next Home?

This week's news headlines have been dominated by the somewhat bizarre circumstances that have led to stock market volatility.

While this doesn't have an immediate effect on real estate, it is perhaps a timely reminder that nothing stays the same for ever.

Bringing things more close to home ...

View More
Nov. 17, 2020

Could This Be The Best Ever End Of Year Homes Market In Iron County?

Could This Be The Best Ever End Of Year Homes Market In Iron County?

The current real estate market here in Iron County is simply the best we have seen in our 16 years here!

That is an amazing fact, when one considers that this year has been like no other, and yet we're seeing such excellent conditions.

One of the market's ...

View More
June 25, 2020

More Very Positive Signs For Iron County Home Sellers

 More Very Positive Signs For Iron County Home Sellers

We'd like to share some recent information issued by Redfin that reflects what we are seeing here in Iron County, in terms of a really strong comeback for real estate.

Redfin says that home buying demand is actually 22% up from pre-pandemic levels, after seven straight weeks of gains ...

View More