A combination of historically low mortgage rates and declines in home pricing are resulting in the most affordable home market in two decades. This is great news for home buyers, provided they are able to qualify for a loan. Stricter guidelines and qualifications may make getting a home loan more challenging, so potential home buyers…Read More »
This is very concerning to me, I attended Bonneville High, I knew about the parking lot crew but never was Bonneville High known as the party school. Just lately there was a drug bust at this school. Where 8 kids were arrested for drugs. I have a niece and a nephew who will be attending…Read More »
Economic and housing marketing outlook Lawrence Yun phd Chief Economist …Read More »
Mortgage lenders are in the news again, only this time it’s not Freddie Mac and Fannie Mae in the hot seat. If you purchased a home through GMAC (now Ally Financial), Bank of America, JPMorgan Chase, or Citibank, you may want to take note. Last week’s settlement of $25 billion is proposed to aid homeowners…Read More »
This story hits so close to home with these sweet boys being from West Valley City Utah. Only a short distance from my home. As a mother I can only image what their grandma is feeling right now. The anger she must have felt when she heard about these boys last moments of life. I…Read More »
Riverdale City has provide a place for family and friends of Riverdale City to spent time with their kids. I don’t think when this was in the works they ever dreamed the amount of people who would be coming from other cities to enjoy what Riverdale has to offer or that parking would became an…Read More »
While the decline in new home construction may have some feeling “blue,” those of you who embrace a “green” lifestyle will be excited to hear about the latest projections. “Green” remodeling is a growing trend in the real estate industry! In fact, McGraw-Hill Companies, revealed last week that 17% of residential home building in 2011…Read More »
Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one…Read More »
The foreclosure situation in Utah is improving. That’s according to two new reports that show a decline in the state’s rate of problem loans. Among states, Utah had the 17th-lowest percentage of loans in the foreclosure process, according to a report from CoreLogic on December 2011 data. At that time, 1.7 percent of Utah homes…Read More »
SANDY — Home sales in Utah last year rose to their highest levels in three years, according to a new report from the Utah Association of Realtors. The report indicated that nearly 33,000 homes sold in 2011, up almost 9 percent from 2010 and at least 5 percent from each of the past three years.…Read More »