The Utah real estate market is hot, hot, hot! For sellers, homes are flying off the MLS as fast as we can list them. For buyers, you better have your preapproval letter ready and be ready to sign that offer within the hour! It's crazy. Year over year, single family home prices are up 31.6%. Why in the heck have prices skyrocketed? Yes, there economic factors such as supply and demand, prices of lumber, prices of other building materials, and available money.
But the answer is simple: Interest Rates. As interest rates decrease, price of homes increases. Let's look at how it works. 30 year historical interest rates Here is. If you talk to anybody in the real estate business right now, chances are they won't get twenty words out of their mouth before the word "CRAZY" comes out. It is a crazy real estate market!
Interest rates are CRAZY low Available home inventory is CRAZY low When a house hits the market, there is. It's cyber week and bargains abound, if you know what you're looking for.
But the answer is simple: Interest Rates. As interest rates decrease, price of homes increases. Let's look at how it works. 30 year historical interest rates Here is. If you talk to anybody in the real estate business right now, chances are they won't get twenty words out of their mouth before the word "CRAZY" comes out. It is a crazy real estate market!
Interest rates are CRAZY low Available home inventory is CRAZY low When a house hits the market, there is. It's cyber week and bargains abound, if you know what you're looking for.
Services
Washburn Real Estate is a member of the National Association of Realtors, Utah Association of Realtors, Utah County Association of Realtors, and the Wasatch Front Regional Multiple Listing Service.
Washburn Real Estate has represented clients in Luxury Real Estate, New Construction Real Estate, and Foreclosure Real Estate transactions, as well as commercial, land, and all other aspects of real estate.
A sister company to Washburn Real Estate, WWW Properties has acquired, developed, and successfully marketed millions of dollars of real estate foreclosures in Utah and Salt Lake counties.
Washburn Real Estate has represented clients in Luxury Real Estate, New Construction Real Estate, and Foreclosure Real Estate transactions, as well as commercial, land, and all other aspects of real estate.
A sister company to Washburn Real Estate, WWW Properties has acquired, developed, and successfully marketed millions of dollars of real estate foreclosures in Utah and Salt Lake counties.
So you're going to buy a home!
Congratulations.
Buying a home will be one of the most important decisions you make in your life.
It can be daunting, but at Washburn Real Estate, let us guide you through a smooth, professional transaction.
Here are some quick tips to buying your first home.
Select a Realtor.
They will be working for you.
Using a Washburn Real Estate REALTOR will save you time, money, and they will help you find your ideal home.
They do this every day.
They will get you on the right track.
Congratulations.
Buying a home will be one of the most important decisions you make in your life.
It can be daunting, but at Washburn Real Estate, let us guide you through a smooth, professional transaction.
Here are some quick tips to buying your first home.
Select a Realtor.
They will be working for you.
Using a Washburn Real Estate REALTOR will save you time, money, and they will help you find your ideal home.
They do this every day.
They will get you on the right track.
Jeremy was fantastic to work with.
He helped us understand the contract which was completely over our heads, and he really went to bat for us during the negotiations.
We couldn't have done it without Washburn Real Estate.
When I found my dream parcel of land, I told Jeremy about it and he was on the phone immediately with the other agent.
There were other offers on it, but thanks to Jeremy, we were able to lock it up!
I highly recommend Washburn Real Estate!
Jeremy's honesty and integrity make him the obvious choice for our preferred real estate agent of the future.
He helped us understand the contract which was completely over our heads, and he really went to bat for us during the negotiations.
We couldn't have done it without Washburn Real Estate.
When I found my dream parcel of land, I told Jeremy about it and he was on the phone immediately with the other agent.
There were other offers on it, but thanks to Jeremy, we were able to lock it up!
I highly recommend Washburn Real Estate!
Jeremy's honesty and integrity make him the obvious choice for our preferred real estate agent of the future.
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