Utah County Market Stats Utah County Real Estate Market Sees Fluctuations in Prices and Time on Market, Reflecting Dynamic Trends for Buyers and Sellers We’re almost through with February, but looking back to January, the average list price of a Utah County single-family home hit $692,633.99. That’s a 4.9 percent increase from December’s $660,243.25 according to the Wasatch Front Multiple Listing System. In January 2023 the average list price was $696,504, showing a decrease of half a point year […]
My travels Hawaii in the Winter: Our Balmy Adventure Winter is a wonderful time to visit Hawaii. My wife, Cynthia, and I went in December observing our 50th wedding anniversary, trading the snow and ice here for surf and palm trees. And tropical weather about 50+ degrees warmer. Our first stop after exiting the plane after a seven- or eight-hour flight was the car […]
Uncategorized I’m Adding Case Studies to My Marketing While Offering It to Other Industries Case Studies are a great way to tell a company’s story. I’m adding it to my marketing. Back in the day, long before I took my first class to get my real estate license, I edited the real estate section in the Palm Springs, Calif. Desert Sun.  It was more than just a section. It […]
Utah County Market Stats Market shows shifting dynamics and need for strategy In the dynamic landscape of Utah County’s real estate market, the past month has unfolded a narrative of shifting dynamics and strategic negotiations. Between Nov. 22 and December 22, 2023, the average Utah County single-family home sold for $643,000, down 3 percent, according to the Wasatch Front Multiple Listing System. However, the average list price […]
My travels Sharing Adventures With a Noted Author It was the spring of 1973. My new bride, Cynthia, and I had just moved into our first home in St. George, Utah, a 10×50 mobile home parked on a Dixie College trailer park. One day I received a phone call from a woman who wanted to meet the new journalism teacher at Dixie. We […]
Financing a home purchase Beat high rates by selling with a contract for deed With interest rates skyrocketing and homes sales cut nearly in half we’re back to an era of creative financing. You’ll probably see more of this in coming months. Creative financing was popular back in the ’70s when Jimmy Carter occupied the White House. Rates soared into the double digits back then, hitting as high as […]
Uncategorized Exploring the Fall Colors on the Alpine Loop The colors came late this year to the Wasatch. That gave us time to get up the American Fork Canyon and take them all in. My wife, Cyndee, and I thought we’d take a Sunday drive, but as we approached the mouth of the canyon we were met with a huge line of cars. It […]
RealVitalize RealVitalize Helps Sellers Prep Homes for Market BACKGROUND Coldwell Banker Realty’s RealVitalize Program helps sellers make home improvements with no money up front to get their home ready to sell. Many homeowners want to sell but may be hesitating because their home has needed repairs that will impact how long it takes to sell or what they can get. In today’s market, […]
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Utah County Market Stats Interest rates drop home sales Based on a three-month average, single-family home sales in Utah County have dropped by 86 percent as of October 2022 with just 82 sales, resulting from dramatic interest rate increases.  The average sales price now sits at $671,000, down 2 percent from the previous three-month period. The median list price sits at $625,000, according to […]
Uncategorized Rising Interest Rates Are Changing the Landscape Single-family home prices in Utah County rose 17.5% the past 12 months, but now that interest rates have gone up and are continuing to climb the market is slowing. Projections are that single-family home prices will continue to climb over the next year, but at a much smaller pace, around 5%.  The average price for […]
Uncategorized Writing about celebrity homes a way to capture interest Back in the 1980s, when I was real estate editor for the Desert Sun in Palm Springs, Calif., I had the privilege of writing about many of the celebrity homes when they went on the market. Among them was the late Hollywood studio system kingpin Darryl Zanuck’s estate. The two-story, Spanish-styled home built on six […]
Uncategorized Stats show bidding wars are slowing down Did you know that people keep records on bidding wars? A bidding war occurs when two or more people bid on the same property. The brokerage Redfin has been logging bidding wars since April 2020.  Its latest stats say that the number of bidding wars across the nation are declining. For example, April 2021 saw 73.1 […]
Uncategorized New loan program gets sellers off the fence Our financing partner, Guaranteed Rate Affinity, just introduced a new program that should help folks who want to buy another home but won’t list their property right now for fear of being homeless if they can’t buy what they want. They don’t want to be a buyer in this competitive environment.  Called a cross-collateralization loan, […]
Uncategorized Real Estate Training Never Stops I was in real estate for awhile before my eyes were opened to how much training it takes to be a successful Realtor. In Utah, 18 hours of continuing education is required every two years just to keep your license. That doesn’t even count the 120 hours it took to get it in the first […]