A Tour of Andrey Melnichenkos $300-million, Philippe Starck-Designed A Yacht – WSJ.com. You know as I sit here looking at properties for all my clients I come across this website. In a down economy, I am glad to see the billionaire’s of the world can still aford life’s small luxury’s.. This is great, what they [...]

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Enclosed is an attachment comparing FHA financing with Conventional Loan financing of a $200,000 home. Despite the concern everyone is having over the recent increase in the FHA Upfront Mortgage Insurance Premium from 1.75% of the base loan amount to 2.25% of that same amount, you can see in this attachment that a borrower still [...]

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The big news today across the financial world is that the yield on 10 year Treasury bonds (also known as government debt) has risen to 4%. One of the reasons the yield rose is because there isn’t as much demand for goverment bonds right now. The lessened demand for this goverment debt was spurred on [...]

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Here are a few articles I have found that really give some great info in regards to the current status of our State. Utah’s Real Estate market is heating up, Buisness are moving in. Development is picking back up.. Some postive things are happening in our wonderful state.. Planners hope to recreate ‘Life on State’ [...]

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Bank Foreclosures in UTAH

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Sugar House project fizzles in foreclosure – Salt Lake Tribune. If you have been wondering what is going on with the downtown Sugar House developments? Well, I know I have been wondering? Now we have a little more information to go off of. I am going to hope that one of these developers steps up [...]

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Utahns who are 30 days or more behind in payments soared in the 4th quarter of 2009. Rising to 8.64 percent up from 6 percent a year ealier. Foreclosures are expected to worse over the next 6 months, however with changes in govt. regulation banks are going to be more interested in shorting properties than [...]

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Fed weighs how and when to signal higher rates – Yahoo! News. So maybe just the title of this article should scare the willies out of consumers? I really am so confused. I have received several emails over the last couple of days from potential buyers telling me they are going to wait unti the [...]

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One of the best long term invesment opportunities in the Real Estate market has always been Rental Properties. If you are looking for a Duplex, Tri-plex, 4-plex etc in Salt Lake City UTAH.. Check out these deals. We are seeing some good cap rates come back, especially with rents on the rise. Let us know [...]

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Detroit wants to save itself by shrinking – Yahoo! News. So when I read this, it made me actually proud of the elected officials of Detroit. Now will the idea work? I have no idea! But, hey they are trying at least. That is more than what I can say for a lot of other [...]

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