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Blog Posts

Median Sales Price of Existing Homes Sold in Salt Lake County

Posted on 21 March 2013 | 12:15 pm

Year       Median Sales Price

2005      $192,784

2006      $246,099

2007      $270,361

2008      $253,366

2009      $238,597

2010      $224,632

2011      $204,698

2012      $211,000

 ...  more»

A Word from the New York Times: 5 Tips for Buyers who Use Down Payment Gifts

Posted on 8 January 2013 | 4:53 pm

5 Tips for Buyers Who Use Downpayment Gifts DAILY REAL ESTATE NEWS | THURSDAY, JANUARY 03, 2013 About a quarter of first-time home buyers use gifts from relatives to fund a down payment for a home purchase, according to data from the National Association of REALTORS®. But lenders are carefully scrutinizing such gifts.“Basically, the banks want to make sure that you’re not getting a second loan,” Ray Mignone of Ray Mignone & Associates, a ...  more»

Did you know that Utah topped Forbes 2012 list of The Best States for Business?

Posted on 8 January 2013 | 3:12 pm

For the third year in a row Utah was ranked as THE BEST STATE IN THE NATION for business. What an incredible ranking! Apparently energy costs are low and the pro-business climate we have has helped Utah's economy expand at 2.3% a year over the past five years. Considering the state of the rest of the nation I'd say that's a pretty big kudos. Since the 2002 Winter Olympics tourism has increased. Governor Herbert says that Utah's 5% flat corporate tax rate is one of the lowest in the country.There...  more»

What's in store for Salt Lake's real estate recovery?

Posted on 6 November 2012 | 12:18 pm

I'd like to quote Donna Pozzuoli, the President of the Salt Lake Board of Realtors."...according to local economist Jim Wood, there is little doubt that demand for housing is accelerating. In fact, in Salt Lake County in August, home sales jumped 21% compared to August in 2011. And, August marked the 5th consecutive month of rising home prices as the median price climbed to $205,000, a 10% rise compared to last year at this time.  According to Wood's report, the greatest improvement in home...  more»


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