Spence and I have had this project listed now for over 6 months.  With the down market it took more time to make it come to fruition.  However, the anticipation has mounted and the developer is in the begining phases of consrtction.  The townhoems will be constrcuted frist followed by the condo building houseing 16 [...]

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Spent a while searching today.  Here are the nest deals on the east side under $550 that were listed in the past 10 days: 792980 $295,000 ACT Contemporary 4,000 $0 1 325 MARYFIELD DR Emigration Canyon 0.52 325S/3000E Tour / 3/3.00/1 2/0 NO/CR/0% 04/18/2008 2009 SNGL 11 793975 $389,000 ACT Rambler/Ranch 3,239 $0 2 6687 [...]

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Okay….even in a bad market here are 4 house that could be bought, remodeled and then SOLD for a good profit.  Roughly all of them could go for $100,000 more when remodeled. ALL would likely need cash and a quick close. 785542 $152,000 ACT-SS Bungalo/Cottage 1,972 $0 1 3154 S 1000 E Salt Lake City [...]

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Here is a current look at INVENTORY across the Wasatch front. Absorption rates will go over the supply and demand…..inventory up or down will after our slump. See the reports: http://spreadsheets.google.com/ccc?key=paoEcW6eSBDfQjic4xRiCNQ

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So many of my clients bought in Herriman, Draper and South Jordan over the past few years.  Thier biggest complaint? TRAFFIC!  Did you know that from my office at the mouth of parleys canyon just off foothill I can drive to Jeremy ranch exit in Park City in 13 minutes!  YES, I am serious! The [...]

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Well, Spencer Janke, Brad Miles and I (Jake Breen) do have a lot of houses to sale too.  Bad market? YES!  Too many homes on market? YES!  But still, our listings are good deals!!!!  We have lowered all of them to incredible prices.  You want my professional opinion?  You want my crystal ball?  By the [...]

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Well, despite the market downs large developers sure think it’s a great time to press forward and either buy land to get ready for the next Utah real estate wave or just start with their mega developments and move forward. Here are three of the biggest all either announced or soon to be: Sandy Utah’s [...]

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Despite the horrible national market there are still articles out there claiming Salt Lake City is one of the best markets in the nation.  Other economic factors included, Salt Lake City Real Estate is still a safe buy, especially considering the decline in pricing…..it’s a buyer market! http://www.realtor.org/RMODaily.nsf/pages/News2008041001?OpenDocument

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We all know the market has been down.  I have many Buyers telling me they are going to WAIT to buy until it CRASHES.  Well believe me, we are experiencing the low.  Now is a great time to buy, just a BAD time to sell if you have to. Here I am posting the latest [...]

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I searched the market for a while this morning and determined 12 more short sales are are REAL DEALS here in the Salt lake City real estate market.  Some of these are appraising for $200K-$300k MORE than they are listed for…..yes with current appraisals in the down market!  Read my other article on SHORT SALES [...]

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