The Perch at Cedar Canyon Lookout - Coffee
851 Spruce Cedar City, UT 84720
Six two bed 1.5 bath units, 100% occupancy, washer and dryer in each unit, each unit has a fenced backyard and balcony.
Read More1031 Exchanges & Real Estate Investing!
What is a 1031 Exchange? Unless you have been in Real Estate for a while, you may not be familiar with the concept of a 1031 Exchange.
A 1031 Exchange is a critical technique that every serious Real Estate Investor and Realtor must know! Imagine.. what would you or your clients life could escape taxes on your residential income property?
Read More3 Things to Consider Before Investing in a Rental Property
Live Stream Cedar City Council Meetings
Tune In To View Live Stream of Cedar City Council Meetings
Read More9083 W Hwy 56 Cedar City, UT 84720
Great property to have your horses. Fully fenced, work shop, shed, barn that needs a little TLC,
Read More168 E College Ave, Cedar City, Utah 84720
Prime Location in Downtown Cedar City only a few blocks from SUU on .38 acre lot.
Read MoreMike's Sprinkler & Patio Paving Design
Mike's Sprinkler & Patio Paving Design
Read MoreRedwood Home Located In Fiddlers Canyon
Gorgeous Redwood home in Fiddler's Canyon!
Read MoreOne Acre Home For 189k
One acre in the Cedar City limits with animal rights! This recently remodeled, 3 bed 2 bath home has been very nicely updated with new countertops, new bathrooms, fresh paint, flooring Read More
Read More3165 W WILDWOOD LN PAROWAN, UT 84761
Incredible energy efficient ICF construction home on 5 acres with 360-degree valley & mountain views in beautiful setting with endless outdoor adventures at your doorstep!
Read MoreComing Soon To An MLS Near You!
2127 N Buckboard Drive, Cedar City Utah 84721
Market Summary for January 2019 - Cedar City
Market Summary for January 2019
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Market Update - January 2019
Home prices were consistently up again in most markets in 2018 but at reduced levels
compared to recent years. High demand for few homes for sale fueled price increases,
but evidence is mounting that inventory will finally improve in 2019. This may apply
some downward pressure on prices for beleaguered home buyers. A fourth interest
rate hike by the Federal Reserve in 2018 spooked the stock market to close out the
year. The Fed has indicated that the number of rate increases in 2019 will be halved,
which may be of little comfort to an already compressed consumer.
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Tax Deductions for Homeowners: How the New Tax Law Affects Mortgage Interest
Rent-to-Own Homes: How the Process Works
Rent-to-Own Homes: How the Process Works
BY JEAN FOLGER
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To Airbnb or to Not Airbnb?
Offering short-term rentals through Airbnb is growing in popularity among homeowners and investors. And it’s no wonder—with Airbnb attracting guests from all over the world, hosts in major cities profit by an average of $20,619 annually, according to iPropertyManagement, a research and information site. In the U.S. alone, booking have increased 45 percent in the past year.
Fixer Upper For 129k
Home is to be SOLD AS IS. Property has a good well and 1.75 Acre feet of water rights (73-2201 and 73-2194) verified. Home is in need of repair. Great fixer upper project, sold as is. CASH ONLY! Home is in foreclosure and offer must be accompanied with verified funds document. 2.4 Acres. Please make offer!!! Price is pending 3rd party approval. Home is Gutted.
Read MoreMesa Hills
Located in Mesa Hills! Features 4 bedroom, 3.5 bathroom & 3 car garage.
Read MoreCentrally Located Twin Home!
Coming Soon To An MLS Near You! - Centrally Located Twin Home!
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Getting Your Property Ready & Set to Show!
8 Tips To Whip Your Home Into Shape & Wow Buyers:
Playing Hardball When Selling Your Home
Selling your home probably one of the biggest financial transactions you will undertake in your lifetime, and the decisions you make when deciding on a price with a buyer can have a significant impact on how much money you walk away with. These negotiating strategies will put you in the driver's seat and help you get top dollar in any market.
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Checklist for Home Sellers
The simple truth is that homes with great curb appeal and homes that are super clean, well maintained, and have pleasing decor sell faster and for more money than homes that don't measure up.
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Should We Add On To Our Existing Home Or Should We Sell Our House & Buy New One?
There is a principle in real estate appraisal called conformity that says that all homes in a given area should be of similar size and value. If you add on to your home and, in effect, over-build the neighborhood, the value of the smaller homes will bring your value down regardless of how much you have invested in the property.
Read MoreIron County Parks & Outdoor Facilities
How to Get Rid of Your Mortgage Insurance
If you’ve bought a home and put less than a 20% down payment down, you’re familiar with mortgage insurance. It’s that added amount on your statement every month you wish you could get rid of. The good news is you might be able to.
Read MoreSelling Your House? Avoid These Mistakes
Once you decide to sell your home, it can be helpful to start thinking of yourself as a businessperson and a home seller, rather than as the home's owner. By looking at the transaction from a purely financial perspective, you'll distance yourself from the emotional aspects of selling the property that you've undoubtedly created many memories in.
Read MoreWhy Has Housing Supply Increased as Sales Have Slowed Down?
For over three years leading up to this point, the exact opposite was true; Inventory dropped as sales soared.
Read More274 S 100 W CEDAR CITY, UT 84720
Centrally located home down the street from SUU & historic downtown Cedar City.
Read More5 Tips When Buying a Newly Constructed Home
The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place.
To ensure a hassle-free process, here are 5 Tips to keep in mind if you are considering new construction:
Read MoreIn real estate, mans best friend is often calling the shots!
What does owning a pet say about you? Living with a furry (or scaly) friend could mean that you're a college student craving companionship, that your young children are in need of a four–legged playmate, or that you're an empty-nester with an affinity for fish. But what if owning a pet could predict if you're more likely to rent or own a home?
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Current Market Conditions
If you've been thinking of selling your home, you'll want to keep reading.
That's because this message will show you how to get a significant advantage over a lot of other home sellers.
I'll explain how in just a second. But first, let me give you a bit of background on the current conditions:
1. Mortgage rates have hit a 7-year high.
Several weeks ago, the 30-year fixed mortgage rate broke through the 4.6%-mark, the highest level since May 2011.
This is part of an ongoing upward trend in mortgage rates, which started over a year ago.
The thing is, in spite of the rate increase, mortgage applications spiked in September. This is a signal that buyers expect rates to go up even more in the near future—something that's very well possible given current conditions.
2. Affordability is dropping, & demand might soon follow.
For the past several years, home prices have increased at twice the speed of inflation.
For a while, this didn't have too much of an effect on the market, because there was so much pent-up demand.
However, the continued price growth & the mortgage rate hikes might finally be getting to buyers.
Affordability is suffering—an estimate from early summer put current home affordability levels at a 10-year low.
This seems to be causing demand to soften as well. For example, the number of people requesting home tours has fallen by 6.1%, according to one measure this summer.
3. More home sellers are reducing prices.
Not surprisingly, the combination of sustained high prices, increasing mortgage rates, & a drop in demand is finally starting to have an impact on the real estate market.
While there are still no major signs of a real estate slowdown yet, there are some worrying indicators.
Crucially, more sellers are now reducing prices. More than a quarter of homes listed as of September 16 had a price drop.
What does this all mean for you?
In short, if you've been thinking of selling your home, then the time to act is now.
In spite of the easing of demand, there are still many hungry buyers on the market & prices remain near all-time highs.
This means you can sell your home quickly & for top dollar.
However, all of the reasons I listed earlier mean this situation might not hold very long.
Demand might slack off even more, & then many more homeowners might decide to enter the market, driving down prices & really ushering in a buyer's market.
That's why it can make a lot of sense to move early—before this kind of awareness reaches the majority of homeowners.
If you are considering selling, you can get started now by getting an idea of what your home is worth in the current market.
Is the Real Estate Market Finally Getting Back to Normal?
Is the Real Estate Market Finally Getting Back to Normal?
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The Cost of Selling Without a Real Estate Agent
You’ve heard of buyer’s remorse; but without your market expertise and sales skills to back them up, sellers who choose to sell their home on their own just may experience “seller’s regret”
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# 1 Mistake Homeowners Make When Choosing a Realtor
Today I wanted to share the #1 Mistake Homeowners make when choosing a Realtor… which is choosing the Realtor solely based on the Realtors recommend list price.
You Can Recycle More Than You Think
You have the basics of recycling down. You may think there is no more that you can do, but there is!
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Cash or Obtaining a Loan?
OK, so what is the next best step in the Home Buying Process? Glad you asked… ;)
How Construction Loans Work???
Once you have qualified for and been approved for a construction loan, the lender begins paying out the money they agreed to loan to you. However, they are not just going to give the builder the cash all at once. Instead, a schedule of draws is set up.
Commonly Asked Questions About Construction Loans
Construction loans enable a new home to be built through the duration of construction. They are reflective of the time needed to build your home, and typically range from six months to a year. Once you have secured a construction loan, your lender will pay your builder after each interval of work is completed. Once construction ends, your loan repayment begins. Many homebuyers choose the convenience of having their construction loan combined with their standard mortgage plan, in something called a construction-to-permanent loan. This eliminates the need to refinance after construction and undergo two separate closings. Your builder will outline how much money is required to build your home, segmenting expected costs into intervals of work. Your lender will compensate your builder after each interval, usually per month, once they have independently verified that the designated work has been completed. With most construction loans, you only pay interest on the amount of money that is drawn out each month. You will begin to repay your lender for the bulk costs after your home is completed. If the project is builder-financed, the construction loan is the builder’s responsibility and the buyer will not need to pay anything at all until the end of construction. Construction loans work differently than traditional home loans. If you need help buying a home that is already built, whether new or old construction, a traditional home loan is right for you. If you want to build a home from scratch on your own lot of land, or buy a prospective home within a builder’s development, a construction loan is the way to go. 20%–30% down payment required High interest rates Incremental loan disbursements More complicated to qualify for, and few options available Bank issued Must have specific building plans, construction contract, and cost estimate to apply 3.5%–20% down payment required depending on mortgage type Low interest rates Loan disbursement in one lump sum Easier to qualify for, and more options available Mortgage-company issued Must only have essential personal finance information to applyWhat is a construction loan?
How do construction loans work?
When do you pay?
Compare Construction Loan vs. Traditional Home Loan
Construction Loan
Traditional Home Loan
What Home Loan Will Suit You The Best...?
What Home Loan Will Suit You The Best...?
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Which Comes First... Marriage or Mortgage?
Which Comes First... Marriage or Mortgage?
Read More#1 Reason to Sell Now Before Spring
The #1 Reason to Sell Now Before Spring
Read MoreRent or Buy, Either Way You're Paying a Mortgage!
Whether You Rent or Buy, Either Way You're Paying a Mortgage!
Read MoreMortgage Interest Rates Predictions!
Where Are Mortgage Interest Rates Headed in 2018?
Read MoreMajor Myths Holding Back Home Buyers
Major Myths Holding Back Home Buyers
Read MoreDays on the Market Drops to New Low in 2017!
Days on the Market Drops to New Low in 2017
Read MoreThe Impact Staging Your Home Has on Sales Price
The Impact Staging Your Home Has on Sales Price
Read MoreThinking of Selling? Now is the Perfect Time!
Thinking of Selling? Now is the Perfect Time!
Read More2 Charts That Show the Truth about Home Affordability
2 Charts That Show the Truth about Home Affordability
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