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Cache Valley Commercial Real Estate Market - The Time To Buy Is Now
The Cache Valley Commercial Real Estate market is struggling, and right now is probably the best time to get into that commercial investment you have been thinking about. Commercial properties are struggling here in Cache Valley, and if you are paying rent or leasing, it may be time to purchase the building.
Do you have the funds to make the purchase? With interest rates the way they are, and the amount of commercial inventory on the market, if you have the means to purchase commercial, it's a good time to do it.
Are you growing? If you see your business growing anytime in the near future, now is the time to buy that bigger property so your business has the room to grow. The economy is struggling, but if you can grow your business today, imagine…
Read Full PostBrigham City Utah Real Estate Market Report - September 30th 2009
Brigham City Utah Real Estate Market Report - September 30th 2009
There are currently 125 Brigham City homes on the market as of September 30th 2009.
There are currently 38 homes under contract in Brigham City Utah as of September 30th 2009. The average price for homes under contract is $136,507, with the average days on the market being 58. The high price is $199,900 and the low price is $53,000.
Based on homes in Brigham City UT under contract, the market under $200,000 is going to continue to be a competitive market. Homes for sale in Brigham City that are over $200,000 are not doing so well, and it looks like those homes are struggling to sell like most homes in Utah.
In the first 3 quarters of 2009, Brigham City had 107 total homes sold, with an…
Read Full PostUtah Approves New Home Run Grant: $4000 For New Construction Homes
There is a new $4000 Home Run Grant that was approved last week by governor Herbert. This is the second round of the Home Run Grant, the last one was $6000, and this grant follows the same rules.
Rules To Recieve $4000 Utah Home Run Grant
1. Hiring a builder to construct a new personal residence.
2. Purchasing a pratially finished residence and contracting to have it finished.
3. Purchasing a newly built, never occupied, completed residence.
The grant will be given out by the Utah Housing Corp, and is available to anyone that makes less than $75,000 a year single, or $150,000 a year for couples. There are a limited amount of grants available just the same as the first one, with 1,950 total grants, you will need to make sure to get in on the program…
Read Full PostLogan Utah Real Estate Market Report - August 2009
Logan Utah Real Estate Market Report - August 2009
Logan Utah Residential Single Family Homes Statistics
As of today, Sept 2, there are currently 278 active listings on the Logan Utah MLS.
In the month of August there were 49 listings that sold in Logan.
The average price of these homes was $149,521 with a high of $260,000, and a low of $18,500.
The average days on the market for homes sold in August was 93 days.
There are currently 51 homes under contract in Logan.
Logan Utah Commercial Real Estate Statistics
As of today, Sept 2, there are currently 52 active commerical listings on the Logan Utah MLS.
In the month of August there were 2 commercial listings that sold in Logan.
The average price of these commercial listings was $185,000…
Read Full PostTaxes Going Up? Fight It With A Free Market Analysis
This time of year brings a new tax accession, and a lot of homes taxes are going up. Property tax increases are based a homes value, not the increase of local government taxes. As home values increase so do their assessed values, and that means taxes are going up.
"The National Taxpayers Union estimates that as much as 60% of taxable property in the U.S. is over assessed." Despite the large number of homeowners taxes going up, only half of those homeowners protest their assessments. This means that their are a lot of homeowners out there paying too much for their property taxes.
Why would anyone pay too much for their taxes? The answer is simple, it's education. Most homeowners don't know they can fight their assessed value, and they don't know…
Read Full PostLogan Utah Shines In The National Spotlight
Logan Utah is a diamond in the ruff, and it continues to shine in the national spotlight. Logan has been named to be in the top 5 by many sources as being one of the best places to live in the country. According to AARP, Logan came in 4th among U.S. cities to live the simple life. With the laid back atmosphere, safe community, and incredible views. Logan is a great place to bring the family.
Benefits of Living in Logan, UT
Ranked top 3 for safest places to live with 100,000 residents or fewer in the Nation.
The Logan Utah real estate market was the only market in Utah to appreciate in home values in 2008. We are also seeing the same trend so far in 2009.
Logan Utah has the 2nd lowest unemployment rate in the country, as well as the…
Read Full PostIs The Logan Utah Real Estate Market Still A Buyers Market?
All real estate markets are local, and the Logan Utah real estate market is no different. You may hear in the news that every market is a buyers market, great deals are to be had, and you should never offer full price on a property. I am here to tell you, you better think again.
Here's Why:
Over the last 3 weeks I have noticed big changes in the Logan real estate market. What I mean is, 3 weeks ago there were over 850 homes on the Logan Utah MLS. As I check the MLS today, there are only 710 properties that are active. In just 3 weeks our real estate market has shrunk by 140 properties.
This is an amazing statistic, it shows that the market has reared it's head again, and it's going into the sellers market mode. I think the reason for the drop in…
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