Great News on Salt Lake Housing market.

Watch this video and share tell everyone .. Looking good Salt Lake...

Salt Lake: One of the healthiest housing markets - November 9th 2011 Salt Lake Board Podcast

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Salt Lake: One of the healthiest housing markets - November 9th 2011 Salt Lake Board Podcast. Dave Anderton, Communications Director of the Salt Lake Board o...

Will you be selling your home in the near future?

New feature that will help sell your home in today's market: http://www.youtube.com/user/ZipTVSLC#p/u

Yours home might be the best one and be the one that all the buyers are looking for right now.

What does that mean to you?

It means that you as a seller need to be well informed before you go live on the market. You will need to price your home smartly and you will more than likely receive the price you are asking for..If you list with Zip Realty, we are a full-service brokerage. We provide a virtual tour, flyers, an open house, and MLS and web site exposure.

We would like to do a free comparative Market Analysis for you to make you aware of what your house could sell for on the open market, with no obligation required

We look forward to working with you,

Warm Regards,

Rosa /Tina
Buying & Listing Experts, We don't just list houses we sell houses..

Update Your Home with Color

Are you tired of your bland color scheme? Whether you add color to your walls or handpick some colorful accessories, the right colors can turn your home into a stunning showplace. Here are some ideas to keep in mind when using color.

read more:
http://rpace.ziprealtynews.com/g/v/147116/19ff50571f16/edcc545c53/964209

Home Prices Continue Four-Month Run of Gains in FHFA Study

Home prices in the U.S. rose 0.8 percent between June and July, marking the fourth consecutive monthly increase, the Federal Housing Finance Agency (FHFA) said Thursday.

The agency’s House Price Index (HPI) has been trending upward since April of this year. That string of gains is coming off a streak of declines that was three times as long. Prior to April, FHFA’s HPI had been on a slippery downward slope for 12 straight months, going back to May 2010.

Foreclosures Sell for Up to 40% Less

Foreclosures Continue to Weigh on Home Prices

Daily Real Estate News | Thursday, August 25, 2011

Foreclosures made up about one-third of all home sales during the spring quarter (April to June), and sales were about six times the percentage of foreclosures in a healthy housing market, RealtyTrac Inc. reports.

Foreclosure sales likely would have been much higher too if so many banks hadn’t slowed their foreclosure processes while state and federal officials continued to investigate possible faulty practices. Foreclosure sales — which include homes purchased after they receive a notice of default or that were repossessed by lenders — peaked two years ago at 37.4 percent of sales, compared to 31 percent in the April to June quarter.

Mortgage Rates Follow Bond Yields Higher

Mortgage rates head higher off of last week's record lows.

New data released by Freddie Mac Thursday shows that for the week ending August 25, the 30-year fixed-rate mortgage averaged 4.22 percent (0.7 point). That’s up from 4.15 percent last week. Last year at this time, the 30-year rate was averaging 4.36 percent.

The average rate for a 15-year fixed mortgage came in at 3.44 percent (0.6 point) this week, rising from 3.36 percent last week. Twelve months ago, the 15-year rate averaged 3.86 percent.

HouseLogic

Green Remodeling: Floors and Counter...

Home Price Monitor: July 2011
http://link.brightcove.com/services/player/bcpid1785312249?bclid=1740033302&bctid=1118158415001

NAR Chief Economist Lawrence Yun at an August 18 press conference says borrowers' problems getting financing remains a roadblock to getting closed...

10 Easy Upgrades to Add Style & Value to Your Home

Sometimes, it’s the little things that make the biggest difference in the value and appeal of your home. Whether you’re trying to sell your home of just spruce up the place, here are 10 easy ways to get started.

1. Update hardware on cabinets and drawers
2. Replace towels and rugs in the bathroom(s)
3. Add overhead lighting or wall sconces to brighten rooms
4. Declutter small spaces and closets with DIY storage kits
5. Wash or power wash the exterior of your home (especially windows)
6. Add area rugs to throw in a hint of color
7. Hang a mirror in small rooms to give the illusion of more space
8. A fresh coat of paint on walls and trim brighten any room
9. Try a fresh new color on your front door for character
10. Mow and mulch your lawn even in the cooler months

Make a plan. Set a budget. Get started!

Study Shows Homeownership Affordability at Record High

According to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), homes were more affordable during the first quarter of 2011 than at any other time during the past two decades. The HOI shows the percentage of homes sold across the country that families earning the national median income of $64,400 can afford. Of all the new and existing homes sold within the first three months of the year, 74.6 percent were affordable to these median-income families.

Affordable Home Prices
In line with the lending industry's standards, the National Association of Home Builders considers a home affordable when no more than 28 percent... Read More

Realtor Warning: 20% Min Down Payment Law Taking Effect

Realtor Warning: 20% Min Down Payment Law Taking Effect

May’s market data suggests that home prices are starting to stabilize - Buying a Home

06-15-2011 03:14 PM

According to Clear Capital reports, some markets are seeing quarter over quarter home price increases, and REO saturation is decreasing. Individual markets showing signs of recovery include Washington DC, New York City/Long Island, and San Jose/Silicon Valley. See list below.

All 10 of the highest performing markets posted improved quarterly gains compared to April’s data.

	Qtr/Qtr	Yr/Yr	REO Saturation
Washington, DC	4.5%	4.9%	17.5%
New York, Long Island NY	1.5%	1.4%	9.6%
San Jose, Sunnyvale, Santa Clara CA	0.5%	-5%	25%
Phoenix, AZ	-0.2%	-11.9%	45.6%
Orlando FL	-0.6%	-6.8%	49.2%
Los Angeles Ca, Long Beach CA	-0.6%	-2.5%	32.3%
Philadelphia PA	-0.7%	-6.4%	13.7%
Denver, CO	-0.9%	-7.1%	32.8%
Raleigh, NC	-1.3%	-8.4%	10.7%
San Diego, CA	-1.4%	-4.1%	35.7%

As we can see from this data, REO saturation rates for all 10 of the highest performing markets improved this month, compared to last month’s, with Washington, D.C., New York, and Long Island experiencing both positive quarterly and yearly price changes.

Buying A Home

REALTOR® Magazine-Daily News-Housing Shortage Is Likely Coming, Report Says

REALTOR® Magazine-Daily News-Housing Shortage Is Likely Coming, Report Says

Rising rents and the real estate recoveryRising rents and the real estate recovery

Rising rents and the real estate recovery - inman.com

Strong incentive for home purchase: your landlord. There is some good news stirring in the market, specifically for Central Florida real estate agents.Annual rents are going up! "Asking rents for apartments in metropolitan...

Did you think 100% financing was gone?

It’s Back

Here’s a product that you will want to hear about!!

· No mortgage insurance required for this 100% portfolio product

· Borrowers only need to contribute $500 to the transaction

· No origination fees (on this product or any other @ Key) & 3% seller concessions allowed

· Rates typically run .25 above conforming rates

· No income restrictions in targeted areas (80% of median hud income in upper/middle census tracts)

Ø Verifiable rental history required (12 months) with 3 additional trade lines (24 months—nontraditional or traditional acceptable)

*If prior mortgage appears on credit report (12 months or longer) in previous 4 years, rental history requirement can be waived.

*If the borrower’s housing history cannot be verified, 5% down is required.

Ø 620 minimum credit score with no lates in the last year

Ø Not only for just 1^st-time homebuyers but cannot own additional properties

Ø 42% debt-ratio maximum and one month of full payment required in reserves

Let us put you in touch with the lender that is offering this program.

REALTOR® Magazine-Daily News-REO Inventory Reaches All-Time High

REO Inventory Reaches All-Time High

The national inventory of REO properties rose in March to a record high of 2.2 million. Foreclosure starts also increased by 33 percent month-over-month, according to the March Mortgage Monitor report by Lending Processing Services Inc.

However, it’s not all doom and gloom for the housing market. The report revealed a significant increase in foreclosure sales, which is helping to chip away at the swelling inventories that are battering many markets.

Also, delinquencies continue to decline, which is a sign of fewer foreclosures brewing in the pipeline. Delinquencies fell more than 11 percent in March from February — the lowest level since 2008 and a nearly 20 percent year-over-year decline, according to Lender Processing Services Inc. The total U.S. loan delinquency rate, which is for loans 30 or more days past due (but not in foreclosure), is 7.78 percent.

States with the highest percentage of loans where home owners have fallen behind are Florida, Nevada, Mississippi, New Jersey, and Georgia.

On the other hand, states that boast the lowest percentage of delinquent loans are Montana, Wyoming, Alaska, South Dakota, and North Dakota.

REALTOR® Magazine-Daily News-REO Inventory Reaches All-Time High

Greater stability in nondistressed real estate prices

U.S. home prices fell for the seventh month in a row during February, although price declines are increasingly concentrated in sales of distressed properties such as bank-owned homes, data aggregator CoreLogic said in releasing its home price index.

The CoreLogic home price index showed U.S. home prices down 6.7 percent from a year ago during February, a sharper decline than the 5.5 percent year-over-year drop registered in January.

Excluding distressed sales, the index was essentially flat, declining by 0.1 percent from a year ago compared to 1.4 percent in January. Distressed sales include short sales and real-estate owned, or "REO," properties.

"When you remove distressed properties from the equation, we’re seeing a significantly reduced pace of depreciation and greater stability in many markets," said CoreLogic Chief Economist Mark Fleming in a statement. "Price declines are increasingly isolated to the distressed segment of the market, mostly in the form of REO sales, as the stock of foreclosures is slowly cleared."

more... http://www.inman.com/news/2011/04/7/greater-stability-in-nondistressed-real-estate-prices

Your positive attitude will get you further in life than just about anything else.

It's a powerful reminder that we can accomplish things in life that can seem impossible . Please take a minute to watch this video below, I hope that it will give you a boost like it did me.

http://www.idontliketowork.com/?p=788

Real estate affordability sets record in Q4 | Inman News

Indiana, Michigan, Ohio metros dominate for most affordable housing. Home affordability rose to its highest level in at least 20 years in the fourth quarter of 2010, according to an index released by the National Association of Home Builders and Wells Fargo today. The Housing Opportunity Index found. www.inman.com

Save Thousands ... Buy A Foreclosure!

Attention Home Buyers

But be careful... not all are deals.

For only the best bargains in town, visit site now!

Fewer Utahns falling behind on mortgages

Fewer Utahns falling behind on mortgages

Fewer Utahns are falling behind on their mortgages, according to the latest report from research firm LPS Applied Analytics. In December, delinquency rates in Utah fell more than 11 percent compared to December 2009. The total percentage of non-curr...

Watch the Video for more information

Show-End-of-Year Gain

NAR's forward-looking Pending Home Sales Index for December 2010 posted a 2 percent gain, the fifth gain in the last six months, Chief Economist Lawrence Yun says in his January 27,2011,release of the data

Pending Home Sales Show-End-of-Year Gain

All 2010 remaining inventory homes will be Reduced $1,000 Per Week Until SOLD!

That's right, they are serious about selling. They over built at the end of 2010 and now it is time to make way for the new plans. Call us "Today"
Qualifying Homes:
1. Madisyn Cove #6 (West Valley)
2. Southridge #171 (West Valley)
3. Foxboro #429 (North Salt Lake)
4. Bellon Farms #17 (Lehi)
5. East Mountain #11 (Provo)

Sharing Stream, Real-time Sharing, Trending Shares - ShareThis Stream

Sharing Stream, Real-time Sharing, Trending Shares - ShareThis Stream

Real estate sales rebound in 2011, prices nearly flat | Inman News

Real estate sales rebound in 2011, prices nearly flat | Inman News

Real estate sales rebound in 2011, prices nearly flatIn its latest real estate and economic forecast, the National Association of Realtors anticipates

In its latest real estate and economic forecast, the National Association of Realtors anticipates that sales of existing homes, after falling 4.8 percent in 2010, will rise 7.9 percent this year, to 5.3 million, and another 4.5 percent in 2012, to 5.53 million.

The median price of existing homes, meanwhile, rose 0.3 percent in 2010 after a 12.9 percent drop in 2009, and is expected to rise 0.5 percent this year, to $173,800, and another 2.4 percent in 2012, to $177,900.

Sales of new single-family homes are expected to rebound faster, rising 17.7 percent this year, to 374,000 sales, after a 15.5 percent drop in 2010, and then rising 51.1 percent in 2012, to 565,000 sales. In an earlier forecast, released last month, NAR anticipated that sales of new single-family homes would climb 20.8 percent in 2011 and 30.9 percent in 2012.

The new-home median price rose 2.2 percent in 2010 and is expected to climb 1.8 percent this year, to $224,700, and 1.9 percent in 2012, to $229,000.

NAR expects that 30-year-fixed mortgage rates will average 5.1 percent this year, up from 4.7 percent in 2010, and rise to 5.9 percent in 2012

Sales Uptrend Resumes

Exiting-homes sales headed back up in November and prices were stable. NAR Chief Economist Lawrence Yun says in his Dec 22, 2010 press conference

http://link.brightcove.com/services/player/bcpid1785312249?bclid=1740033302&bctid=722399223001

Home - Groundhog Day - Groundhog Day

It's official. Punxsutawney Phil had predicted an early spring!

www.groundhog.org

Looking for answers to your Groundhog Day questions? You've come to the right spot!

Check out our new website design!

We just launched a new & fresh look for our website. Please browse around and tell us what you think!

http://www.ziprealty.com/agent/rpace

We're always looking for feedback and are constantly striving to make your home shopping experience better.

Home Ownership Matters

Owners, Renters Favor Owning A Home
The vast majority of home owners (95%) and renters (72%) say that owning a home makes sense long term. Read more in American Attitudes About Homeownership, NAR's new survey conducted by Harris Interactive.



http://www.realtor.org/statsanddata/homeownership/attitudes_homeown

GUARANTEED 3-YEAR LEASE through Builders Smart Move Advantage Program!!

Are you a home owner that is either upside down in your home or have you found out what your home is worth in today's market, and decided not to list. It is frustrating for you because you have invested in your home and won't be making any money in return. Builder announced today a GUARANTEED 3-YEAR LEASE through Builders Smart Move Advantage Program!! This means that you can purchase a new home and get out of your old home. On top of that, when the 3 years is up, Rosa & Tina will be there to help you sell your existing home! With this program:

• 100% All Rents Guaranteed
• 100% All Utilities Guaranteed
• 100% Tenant Repairs up to $3,000 Guaranteed
• 100% Maintenance Guaranteed

If you would benefit from this program, call us 801 450-7165 or email me today so we can see if you qualify! I look forward to working with you and making 2011 a great year!

Salt Lake City Real Estate Jobs: What's new at ZIPREALTY in November?

Salt Lake City Real Estate Jobs: What's new at ZIPREALTY in November?: "ZIPREALTY goes Independant Contractor nation wide! What's become better? New, stronger commission plans! Agents can now work as teams! Agen..."

Salt Lake City Real Estate Jobs: Who's new to ZIP

Salt Lake City Real Estate Jobs: Who's new to ZIP: "Who's new to ZipRealty in September? Lori Murdock Lewis - Utah County Josh Wright - Salt Lake County Jody Redden - Utah County Mary Jane Du..."

Salt Lake City Real Estate Jobs: ZipRealty’s new “Sale Rack” is a great tool for bu...

Salt Lake City Real Estate Jobs: ZipRealty’s new “Sale Rack” is a great tool for bu...: "Everyone wants to find a great deal on their next home, and ZipRealty’s new “Sale Rack ” makes it easy to find one – you and your buyers can..."

ONLY 3 CONDO’S LEFT. DON’T MISS OUT

Flagship Homes has a Brand New 12-plex in the Ranches. The remaining units are finished and ready.













These condos feature:

3 bedrooms – 2 baths Award winning floor plan 1260 finished square feet Huge family room Beautiful Knotty Alder cabinets Black appliances 18" tile floors 9 ft ceilings And much, much more...

Mortgage rates dip for second straight week

NEW YORK — Rates on fixed mortgages dipped for the second straight week as Treasury yields fell.

Freddie Mac said Thursday the average rate on the 30-year mortgage dropped to 4.71 percent this week from 4.77 percent the previous week. It hit a 40-year low of 4.17 percent in November.

The average rate on the 15-year loan slipped to 4.08 percent from 4.13 percent. It reached 3.57 percent in November, the lowest level on records starting in 1991.

Business - Real estate - msnbc.com http://t.co/M6rZoPy via @msnbc

Park Phase Closeout Deals New Condos & Townhomes in Sandy

REDUCED $10,000! $4000 paid closing costs with preferred lender. Priced BELOW MARKET! Awesome new condos with alder cabinets, covered parking, walk-in closet, large master suite, separate laundry room, storage inside & out. Easy to show models. Must See

Townhomes starting in $160's
Pool & Clubhouse Coming Soon
Agents: Free IPod after Due Diligence
$4000 Pd Closing Costs w/PL

Condos starting in the $140's
Closeout Pricing - reduced 10K
Easy to Show Models
Centrally Located

Need Down payment

Fannie Mae also provides financing ticklers and in September announced a seller-assistance incentive on the website. The recent changes are twofold. First, qualified homebuyers who will be owner-occupants can receive up to 3.5 percent of the final sales price that can be used toward closing-cost assistance, including a home warranty if desired and available

Tax Benefits for Homeowners

Owning a home grants a number of benefits, particularly financial perks. If you're like most people, a home purchase will be the greatest financial investment you'll make in a lifetime. Besides enjoying freedom from renting or leasing and the security of building equity in your home, there are also multiple tax benefits. Let's explore the most common tax benefits...

http://rpace.ziprealtynews.com/g/v/147116/19ff50571f16/54b7040252/964209

Could that Ugly House be Your Dream Home in Disguise?

No matter how hard you search for it, your dream home remains elusive. You've viewed dozens of homes and rejected them all—stained pink carpets and lime green ceiling fans just don't belong in your dream home. But are you looking for the right things?

http://rpace.ziprealtynews.com/g/v/147116/19ff50571f16/1b85005408/964209