Friday, November 11, 2022 / by Jennifer Taylor
To all of our Veterans, with gratitude for your service to America, we are thinking of you on Veterans Day, and thanking you for all you did for our country.
Veterans Day celebrates all United States Armed Forces military veterans. Learn more about this important day, and join us in thanking all veterans for their service, commitment and dedication
If you are curious about the market, interested in an investment property or reviewing future real estate goals...….. My UT Real Estate Group is here for you!
first time home buyer, holiday, seller, va, veterans day
Sunday, November 6, 2022 / by Jennifer Taylor
IS THIS THE LAST YEAR FOR TIME CHANGE?
As of March 15, the U.S. Senate passed a bill that would make daylight savings time permanent all year round. The legislation is headed to the House of Representatives for review.
If the bill is passed, we would begin to experience later sunsets and sunrises throughout the winter starting in 2024.
So, what does this mean for the residents of Utah?
Right now, the latest sunrise in our area is around 7:51 a.m. in early January. The new sunrise would be an hour later at 8:51 a.m. Relying on the sun as your alarm clock may no longer be your best bet.
Currently, the earliest sunset in our area is around 4:59 p.m. in December each year. The new sunset would be an hour later, at 5:59 p.m. The sun would set on Christmas Eve at 6:06 p.m.
Despite the change, the spring, summer, and majority of fall sunrises and sunsets would remain the same.
The legislation would not affect the length of our days. The shortest day of the y ...
buyer, fall, myutrealestate, seller, time change
Thursday, May 6, 2021 / by Elissa Tran
The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps rising. Why? It’s because there are so few houses for sale.
Low inventory in the housing market isn’t new, but it’s becoming more challenging to navigate. Danielle Hale, Chief Economist at realtor.com, explains:
“The housing market is still relatively under supplied, and buyers can’t buy what’s not for sale. Relative to what we saw in 2017 to 2019, March 2021 was still roughly 117,000 new listings lower, adding to the pre-existing early-year gap of more than 200,000 fresh listings that would typically have come to market in January or February. Despite this week ...
first time home buyer, buyer, spring selling season
Sunday, April 18, 2021 / by Elissa Tran
A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents:
88% - a better chance of saving for retirement
87% - the best investment plan
85% - the chance to be better off financially
85% - the chance to build up wealth
Additional financial advantages of homeownership included in the survey are having the best overall tax situation and being able to live within your budget.
Does homeownership actually give you a better chance to build wealth?
No one can question a person’s unique feelings about the importance of homeownership. However, it’s fair to ask if the numbers justify homeownership as a financial asset.
Last fall, the Federal Reserve released the Survey of Consumer Finances, a report done every three years ...
first time home buyer, buyer
Tuesday, March 30, 2021 / by Elissa Tran
New homebuyers often tell their agents that they are looking for their “starter home.” Several factors go into this approach. These are typically younger buyers, often without children. They may be looking for a maintenance-free home, like a condo, or they might assume that starter homes are more budget-friendly. There are plenty of good reasons to buy a home with the assumption that it’s only for a few years, but it’s usually wise to consider the fact that it might be for much longer.
As 2020 demonstrated so clearly, things can change without warning. Homebuyers choosing a small condo with the intention of living in it for only a few years might later find themselves trying to carve out space for children due to employment challenges or market changes. The good news is that many times— once you add in association fees, taxes, and other costs—an older home that needs updating could be just as economical as a brand-new condo with all the latest desi; ...
first time home buyer, buyer