03 Jun
Posted by utahcribs as Uncategorized
As Barnes bids await,Zions stakes a claim – Salt Lake Tribune. Interesting article explaining what has happened with Barnes Bank of Utah, and Zions Banks possibility of taking over. One of the many seized banks of the FDIC during this downturn, Barnes Bank of Utah was heavily invested in speculative real estate. Many of these [...]
03 Jun
Posted by utahcribs as Uncategorized
Foreclosures creates boon for homebuyers – Salt Lake Tribune. Some great opportunities for those of you who are interested in getting a good deal. In today’s market getting a “deal” is important. I have seen some phenomenal deals over the last couple of months. I think the affordable housing has seen its bottom, however in [...]
03 Jun
Posted by utahcribs as Uncategorized
Stocks rise after economic reports notch gains – Yahoo! News. Well I guess another day of interesting news..? I give up on trying to predict what is actually going on in our economy. Real Estate in UTAH I understand, how our nations financial instituitions are organized I understand. Why our markets are so volatile? In [...]
Program rehabs, sells foreclosed houses – Salt Lake Tribune. There are some new programs coming out every day to try and help homeowners that are struggeling to make their payments. It is important to understand your options. In an economy where things are unknown, the best advice I could give someone would be to seek [...]
02 Jun
Posted by utahcribs as Utah News
Foreclosure crisis hitting hard on the west side of the Salt Lake Valley – Salt Lake Tribune. Some interesting news about foreclosure’s in UTAH.. I would say the most important aspect of this article is to show what is happening and where it is happening. A lot of people would like to know the statistics, [...]
02 Jun
Posted by brad as Economy Update., tax credits
Here are a few items for you to read about the First Time Homebuyer Credit as it applies to married couples: An article from CBS Money Watch is attached. I have highlighted the critical section. The $6,500 they are referring to is the so called ”Move Up” credit. More details about that credit can be [...]
02 Jun
Posted by utahcribs as Economy Update., Utah News, interest rates
ksl.com – Stocks rise after pending home sales top forecasts. So some good news, the stock market is reacting to the good news in the Real Estate market. I hve a hard time keeping the good/bad real estate news straight. It really doesn’t make sense to me sometimes.. And I am a local Real Estate [...]
02 Jun
Posted by utahcribs as Events, Concerts, Sports in UTAH, Utah News
Facebook | Body Paintings & Photography by Renee Lee and Todd Keith. I think everyone should check this out.. Some local artists from Salt Lake City, UTAH.. I think it is really important to support local artists, so if you can make it stop by.. You will be amazed at the talent..
02 Jun
Posted by utahcribs as Economy Update., Real Estate Deals, tax credits
Tax credits fuel 6 pct. rise in April home sales – Yahoo! News. Some interesting articles have been coming out about an increase in home sales.. You know many people in the industry are having mixed feelings about what is to come in the coming months? I have heard in Salt Lake City UTAH, some [...]
12 May
Posted by utahcribs as Uncategorized
Owners of Shops at Riverwoods plan redo for Provo mall | Deseret News. For those of us who are familiar with the Shops at Riverwoods in Provo, this should be a breath of fresh air. I am really excited about the indoor surfing location.. If you are familiar at all with the one up in [...]