Real Estate News | Mortgage | Investment

Utah, #1 in highest home-price growth in nation
Nationally, housing is going through the slowest first quarter growth rate in a decade and extends a trend that began last year. Figures released Thursday by the Office of Federal Housing Enterprise Oversight, the agency that oversees the big mortgage-finance companies Fannie Mae and Freddie Mac, provided the latest indication of a modulated slowdown in the once-sizzling housing market.

Utah economy has legs
State's employment report reveals the jobless rate is rock bottom and job growth #1 in U.S.
Utah's economy remains steady and strong, according to the latest report released by Utah's Department of Workforce Services. While states and regions around the country are reporting bursting housing bubbles and slowing job growth, there loss is Utah's gain.

Hot Salt Lake, and its not the Summer temperature we're headlining
Cities play catch up for a 2001-2004 slow appreciation rate.
The housing news isn't all bad. Even as prices adjust downward nationwide, there are several Western cities in the country where home values are climbing smartly. Salt Lake City, Boise, Seattle, Portland, Ore.; Houston and Austin, Texas are among the most notable cities bucking the national trend.

Housing in Utah not slumping
Fourth-quarter statistics in 2006 show Utah bucking the national trend of a housing slump. Market analysts are warning of more of the same in 2007. Flat or falling home prices expected in many U.S. markets, Utah not among those affected.

Simplifying Your Lifestyle - Peterson Homes communities offer convenience and easy living
Peterson Homes is proud to offer some charming solutions to people seeking to downsize their accomodations and simplify their lifestyle. The northern-Utah homebuilder is currently building planned unit developments in several of Salt Lake County's pristine communities that are ideal for people who desire an easier lifestyle.

Utah's Spring 2007 Economic Forecast
Our real estate market looks like a Lagoon roller coaster ride about to launch. Utah's average home price appreciation in 2006 was almost 18%, a #1 ranking. Compared with the average U.S. home value rising 5.87% during 2006. Many housing markets saw modest price declines.

How High Will Salt Lake Homes Prices Go Up
This article reveals percentages of value ranges of homes in Northern Utah. Study confirms what new home buyers already know, it is very difficult to find a bargain in today's market.

Northern Utah Home Prices Stabilizing
This timely report states that prices along the Wasatch Front are still going up, just not as fast in some sectors. There is good news for home sellers under $300K, these homes are still
highly sought after and hot, hot, hot.

Utah Economic Pulse - Construction Booming
Read how construction labor shortages are affecting the abundance of regional building projects underway. This is "the right place" for
many and especially for the construction trades industry.

PETERSON HOMES LAUNCHES 200+ NEW HOMESITES
As 2006 came to a close, Peterson Homes found itself in a challenging but enviable position: the central-Utah homebuilder was all out of homes.

HOUSING VALUES IN NORTHERN UTAH
- SPRING 2007
Here is a news article that points to the market trend of housing values in northern Utah this Spring. Note that overall this is good news as the market is stable. Price your home right and it will sell.

HOW NOT TO BUY REAL ESTATE OR INVESTMENT PROPERTY
This article points to the consequences of "greed" as a motivating factor in investing dollars in the stock market or investing in real estate.

THE DRIVING FORCE BEHIND HOME BUYER DECISION MAKING
Here is a great article with research that supports what the National Association of Home Builders has found to be important factors that drive the home buying decision making process. What you hear in the media is not necessarily what influences your buying decisions.

UTAH ECONOMIC OUTLOOK - WINTER 2007
59,000 new jobs have helped rank Utah #1 in employment growth rate in the U.S. Utah also ranks #1 in lowest statewide unemployment.

UTAH HOUSING PRICES APPRECIATE 17.4%
The home-appreciation rate in Utah is the second-highest in the U.S., according to the Office of Federal Housing Enterprise Oversight. The Beehive State's 17.41-percent appreciation rate puts it just .11 percent off the leader, Idaho.

FOR NEW HOMES, SWEET DREAMS ARE MADE OF THESE
No stairs, fireplaces and low-maintenance surfaces lead the list of “must-haves” for new homes of Baby Boomers. Gen-Xers and Echo Boomers seek entertainment centers, smart wiring and “green” features.

RENT NOW & SELL LATER? KEEP YOUR OPTIONS OPEN
Should you wait to sell your home and rent it out instead? Discover if this is the right option for you.

THINK LIFESTYLE WHEN LOOKING AT YOUR NEXT HOME
Whether you're considering a new home or an older one, there are advantages and disadvantages. Experts say think lifestyle over dollars and cents.

BUYERS BUY WHEN THEY'RE READY
Most buyers believe that buying a home - regardless of current market conditions - is still the best investment they can make.

OPPORTUNITY KNOCKS IN SALT LAKE CITY
All indicators predict continued growth for Utah’s home market, particularly in Salt Lake City. Slowed consumer demand and rising interest rates don’t seem to be deterrents as homes continue to increase in value.

UTAH HOUSING MARKET STRONG
The fourth quarter of 2006 saw a 17-percent rise in Utah housing starts. Home closings jumped 30 percent compared with the fourth quarter of 2005.

DAVIS COUNTY REAL ESTATE BOOM
Office lease rates rose, and vacancy rates dropped in 2006. As more people move here, apartment rents also are rising as availability hits an all-time low of less than 4 percent.

HOME PRICES IN UTAH VALLEY CONTINUE TO RISE PROVO
From high-end homes to starter homes, prices are rising. Homeowners are enjoying excellent returns on their investment.

NORTHERN UTAH HOME PRICES ON THE UPSWING
The average price of homes sold through an agent jumped in the third quarter of 2006 to $240,000, up 26.4 percent from the third quarter of 2005. This in spite of a reduced number of sales.