First of all we hope that you are well and staying safe.

Today we wanted to share some information with you that demonstrates how well our local Iron County real estate market is adjusting to the new situation we all find ourselves in.

• Over the last week 33 properties closed …

There were over 6.6 million new jobless claims in the US in March, the highest on record.

Unfortunately, many of these people will not be able to go back to their jobs, because their companies filed for bankruptcy or closed their operation and they will not be able to …

We are all negotiating uncharted waters with the current national emergency and we have naturally been asked several times in the past few days how this affects our Iron County real estate market.

There are a number of key factors in our marketplace that have not changed at all as …

Mortgage rates are currently nearing all-time lows.

Nervousness in speculative financial markets is, conversely, generally good news for mortgage rates and there are now widespread predictions that they could descend below all-time record lows!

The timing simply could not be better, as spring approaches and many sellers and buyers enter …

Earlier in the month we wrote about the advantages of not waiting until Spring to list your home.

Since then there have been a couple of important developments making early entry in the 2020 real estate market even more attractive.

It has been widely reported in the past few days …

It's our first blog of 2020 so we'd like to wish you a very happy New Year filled with love, health and happiness.

And if you're thinking of selling your home in the coming months, there really is no time like the present.

It was a busy …

First time home buyers have been making headlines recently.

Freddie Mac (The Federal Home Loan Mortgage Corporation) recently reported that, so far in 2019, 46% of the mortgages that it has purchased this year have been from first timers!

That is a staggering statistic and ample proof that the highly …

We recently took a look at monthly average mortgage rates for 2019, provided by Freddie Mac, and noticed a significant trend in 30 year home loans:

January - 4.46%
February - 4.37%
March - 4.27%
April - 4.14%
May - 4.07%
June - 3.80%
July - 3.77%
August - 3.62 …

We're almost at the end of August and the conclusion of summer is now in sight. This is traditionally a moment when some people decide to delay their home sale until next year.

That is always a mistake, because the fall and winter homes market is always busy and …

The latest stats for Iron County (for June) published by Utah Association of REALTORS® demonstrate an almost 9% fall in new listings compared with the same period last year, together with a 3.6% drop in actual inventory numbers since last June.

This means that there are just over four …