Tuesday, July 2, 2019 / by Demi Lucero
The Fourth of July is a national holiday that is beloved by pretty much everyone except for household pets. Though your trusty canine companion might not love the sights and sounds of the fireworks, there is no doubt that you and your family want to make sure that you spend your holiday observing the festivities from the best possible locations. Salt Lake City offers a wide range of fun and thrilling opportunities on this holiday including several truly great locations to watch the various fireworks shows from. Since there is nothing worse than setting up for a great show only to realize that the fireworks are far off in the distance and you can hardly see them, knowing where to go just might save your holiday.
This area is known for its collection ...
Monday, June 17, 2019 / by Demi Lucero
What does it actually mean when a Realtor tells you that your listing will be on thousands of websites? In this post we will discuss just that and a few things every homeowner should know about in 2019.
What i ...
Friday, May 31, 2019 / by Justin Critchfield
One of the most confusing questions in real estate is
How accurate is Zillow?
A lot of the times buyers and sellers are checking the Zestimate to figure whether it is accurate or not because it is very misleading at times.
How Zillow calculates their Zestimate?
It’s important to know that the Zestimate is calculated via a computer algorithm and the algorithm is based on public data from what the state provides as public record. They can get things like your square footage and the number of beds and baths. But all of the sales that happen are not recorded into Zillow. In fact, if you are in a non-disclosure state, like Utah, the state as a whole doesn’t disclose the sale price. It’s much harder for Zillow to Zestimate Utah than it is for other states.
The accuracy of Zillow is important. According to Zillow's own stats, they say that nationwide, and again Utah is different, about 52% of the homes are wit ...
Friday, May 17, 2019 / by Justin Critchfield
As a real estate agent, you often come face to face with a situation where a person is trying to sell and buy a house at the same time. The sellers want to make a move but they look at the inventory out there and realize there are not a ton of choices for them. This scares the sellers so they pull back and decide not to take any action.
In such a situation, there are two ways out. First things first, we have some options to solve the lack of inventory crisis by finding you a home in the neighborhood you want.
But when I deal with sellers they always want to find a home first, make an offer on it and then put their home up for selling. That’s a big No No!
Because what ends up happening is that when it’s a good home, you are not the only one who realizes that. There are many other buyers and so there are usually two or three offers on the table for the seller of the home. The seller will obviously choose an offer with someone ...
Monday, March 18, 2019 / by Justin Critchfield
Sellers, click hereLet's recap what happened in 2018!
1. Median home prices rose an average of 9% to $355,000.
2. Multi-family homes (condo's, townhomes) went up an average of 10% to $248,527
What do we think will happen in 2019?
2019 Home Price Predictions
1. Job growth and pay will decline
2. Home Sales will slow by 8%
3. Days on market will increase
4. Prices on condos and townhomes will increase 7-8% (experts and economists say 9-10%)
5. Single family home prices will increase 4-5% (experts and economists say 5-7%)
Stay informed and understand what this means to you!
Buyers, click here