Why is a Great Time to Sell Your Home Now

As the sun sets on the summer season, some homeowners may mistakenly assume that the window

of  opportunity to sell their home has closed. In this extra hot real estate market, nothing can be further from the truth because there are still opportunities to be had for sellers.

What many people don’t realize is that homes listed during the summer are now off the market leaving little to no inventory in many communities. 51 percent of homes sold in July were on the market for less than a month.

This summer’s historically low inventory sent record home buyers into packed open houses and created bidding wars because of the exceptional demand. “Listings in the affordable price range are scarce, homes are coming off the market at an extremely fast pace, and the prevalence of multiple offers in some markets are pushing prices higher,

In the month of July, reported that total housing inventory declined 1 percent and is now 9 percent lower than a year ago, and has fallen year-over-year for 26 consecutive months. With so many home buyers left sitting on the sidelines, it could be the perfect season for home sellers to make their move.

So, is it an opportune time to sell your home? The answer is yes if the time is right for you. However, there is no need to hold off on selling your home just because summer is over.  Today, there are buyers looking to move in, just as you are looking to move out.

If you are considering listing your home, call me today or visit my profile page on Affordable Utah Housing Whether you’re looking to make a purchase or sell, I can provide guidance and advise you on what you need to know so you can make the best possible decision for your real estate needs.

FSBO Sellers: Is it Worth it?

To determine if for sell by owner listings provide more benefits, Housing Data  where these listings are the most common and how they differ from agent-listed properties in price and DOM. 

Analysts reported

Nationally the data reveals that FSBOs are listed about 2 percent more than a similar home listed by an agent,  FSBOs sometimes sit on the market longer than agent listed homes.

Overall, only 6.2 percent of all listings were for sale by owner, and the report noted that Tulsa, Oklahoma had the highest percentage of FSBO listing across the nation at 12.7 percent.

The largest positive difference in listing price for a FSBO is in Pittsburg, Pennsylvania, where a “comparable FSBO home is listed at 12.9 percent premium to an agent-listed home." In Philadelphia, Pennsylvania is where there is the largest negative difference in FSBO listing prices at -14 percent.

Though data shows that there are some benefits for sale by owner sellers, it is important to note the value and knowledge of the industry that professionals, like agents, can bring to the table. Information reveals that it is important to remember that agents have access to resources, including home stagers, lenders, home inspectors and legal help. Agents also know what marketing approach works in a market, "perhaps even more importantly, agents know that a listed price is just a starting point."

Discover Utah’s Undiscovered Roads

Our state is truly one of a kind. Filled with awe-inspiring monuments, colorful landscapes, we can drive just about anywhere and see a spectacle of beauty. Whether you scour Utah’s All-American Road or check out the scenic drives leading into our national parks and mountain canyons, the drive to your destination is typically just as beautiful as the destination.
To celebrate Utah’s unique geology, we’ve put together a list of undiscovered road trips you can take this summer – or any time of the year! 

SOUTHERN UTAH 

• Utah’s Desert Southwest – St. George to Littlefield, AZ Loop
• Bicentennial Scenic Byway – Hanksville to Blanding
• A Forest Oasis in the Heart of the Desert – Fish Lake Loop
• Beaver Canyon and the Sevier River Valley – Beaver to the Sevier Valley 

CENTRAL UTAH 

• Historical Sites and Wide-Open Spaces – Eureka to Delta
• Huntington and Eccles Canyons – Lakes, Stones and Dinosaur Bones
• Indian and Nine Mile Canyons – Natural History Meets Ancient Art 

NORTHERN UTAH

• West Desert Ramble – Fairfield to Tooele to Dugway to I-80
• Ogden River Scenic Byway – Ogden to Monte Cristo
• Northwest Railroad Trail Expedition – Snowville to Grouse Creek to Golden Spike to Corinne

Trenchless Pipe Repair Explained

Wow New Idea if this was available when my main water line broke I would have done this then dig up my front yard.....

Out of the Trenches, and into New Pipes: Trenchless Pipe Repair Explained

Last week, we taught you everything you need to know about drain cleaning, and now you can get ready for drain cleaning part two: pipe repair. The…

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What’s Really Driving the Real Estate Market?

According to Robert Shiller, the housing market could falter if the mortgage interest deduction is reformed. See what else he had to say in the Video Spotlight.

Mortgage interest deduction would affect small amount of taxpayers: Yale University's Robert Shiller from CNBC.

Editors Note: To see previous coverage and opinions on this topic, click here.

ALL 50 STATES, RANKED BY THEIR BEAUTY

We all know Utah is a beautiful state and offers so much for everyone. Many others seem to agree, which put this great state at #4 for being one of the most beautiful in the country.

ALL 50 STATES, RANKED BY THEIR BEAUTY

Tiny Houses: Living Large in a Small Space

Think you know what it means to downsize? Get an eyeful of these miniature houses on the leading edge of a new approach to living with less.Small House Movement

LIVING LARGE IN A TINY HOUSE

The small house movement started roughly a decade ago, but the economic crisis rapidly accelerated its growth as people began to re-evaluate their lifestyles, craving the simplicity that comes with scaling down. At a fraction of the average house price (some a mere $20,000), these structures eliminate the hassle and potential pitfalls of a mortgage. Plus, they force their occupants to pare down their belongings to the essentials and devise innovative solutions to make the most of every inch.