Tuesday, October 18, 2011

Double Digit gains in home sales over last years numbers

KSL reported on October 14th 2011 in an article written by Andrew Adams that home sales are way up especially in to the Summer and through September.  This means that home prices should Begin to stabilize and the trend is expected to continue along the Wasatch Front through the rest of the year.

Thursday, October 6, 2011

Is it the best time EVER to buy a Home?

YES, it's the best time EVER to buy a Home!!!  As of today October 6, 2011 Mortgage rates fell bellow 4% !!!  KSL's Daniel Wagner reports that, "The average rate on a 30-year fixed mortgage has fallen to its lowest level on records dating to 1971."  This morning I heard on the radio that Home prices have fallen a larger percentage than they did during the great depression.  ARE YOU KIDDING ME?! 

My advice to anyone who can buy a home right now is to DO IT!  Stop procrastinating, it's NOT going to get any better than this.  Rates are near all time lows and home prices have dropped off the charts. Not to mention rental rates are projected to go up.  It's the perfect storm to those looking to buy a home.  I just had a buyer on a VA loan purchase a 1723 sq ft town home in Salt Lake City for $200,000.  That price alone is mind boggling, but you won't believe his monthly payment.  He's paying less than $1000 per month which is over $200 less a month that what many renters are paying in this very community.

I have had a lot of success selling sell real estate in Salt Lake & Utah County.  If you have been considering the purchase of a new home or know someone who has, please give me a call today.  My promise to you is that I will not be pushy and would love to answer all of your questions.  Do NOT let this brief moment in time pass without taking action or you will most likely regret it for the rest of you life.

Thanks for your time,
Ty Wilde
(801) 995-2337
1 Utah Homes