Stay Informed on the Local Market

Cottonwood Heights real estate sales have remained steady for the third quarter of 2009.61 homes sold in the third quarter compared to 65 homes sold q3 of 2008.  Listing inventory has stayed in the around 130 homes  similar to the prior month.  The prices of homes has dropped dramatically to a median price of $265,000 for a single family home.

There is a lot of free information available to you about buying, selling or investing in Cottonwood Heights and Salt Lake City, UT real estate.  For complete information about the Salt Lake City, Utah real estate market including Cottonwood Heights homes for sale, property values and more, please visit the most complete website dedicated to everything Salt Lake City real estate.  See for yourself, visit www.BuySaltLakeCityHomes.com

For a FREE Weekly List of Homes for Sale in Salt Lake City, Cottonwood Heights, UT and surrounding areas, you may fill in the form below and you will see homes as they get listed if they fit the profile you have given.  You will get all the hot listings as they come up even before most agents see them!

Just fill in the form below with your correct name and e-mail address and we will e-mail you the list.

You may specify in the comments box if you have a particular interest in Cottonwood Heights foreclosures, or Salt Lake City HUD homes for sale. 

If you or someone you know are in need of a competent and caring real estate professional in or near Salt Lake City, Utah , I hope you will contact me.

Holladay home sales are up over a year ago as well as the average sales price.

There is a lot of free information available to you about buying, selling or investing in Salt Lake City, UT real estate. For complete information about the Salt Lake City, Utah real estate market including Salt Lake City homes for sale, property values and more, please visit the most complete website dedicated to everything Salt Lake City real estate. See for yourself, visit www.BuySaltLakeCityHomes.com

For a FREE Weekly List of Homes for Sale in Salt Lake City, UT and surrounding areas, you may fill in the form below and we will compile a list from two wholesale databases and send them to you right away.

Just fill in the form below with your correct name and e-mail address and we will e-mail you the list.

You may specify in the comments box if you have a particular interest in Salt Lake City foreclosures, or Salt Lake City HUD homes for sale.

If you or someone you know are in need of a competent and caring real estate professional in or near Salt Lake City, Utah , I hope you will contact me.

Here is the Year to Date sales for the great Avenues neighborhood in Salt Lake City.  Condominium sales have gone up and the prices have remained stable.  Single family home sales have cropped up along with the prices making the correction needed in the market. 

There is a lot of free information available to you about buying, selling or investing in Salt Lake City Utah real estate. For complete information about the Salt Lake City Utah real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Salt Lake City Utah real estate.

Cottonwood Heights homes sales  and average sales price have declined for the Year-to-Date picture in 2009.  The average Cottonwood Heights home price is just over $360,000, well above the national, state and county averages.

There is a lot of free information available to you about buying, selling or investing in Salt Lake City, UT real estate.  For complete information about the Salt Lake City, Utah real estate market including Salt Lake City homes for sale, property values and more, please visit the most complete website dedicated to everything Salt Lake City real estate.  See for yourself, visit www.BuySaltLakeCityHomes.com

For a FREE Weekly List of Homes for Sale in Salt Lake City, Cottonwood Heights, UT and surrounding areas, you may fill in the form below and we will compile a list from two wholesale databases and send them to you right away. 

Just fill in the form below with your correct name and e-mail address and we will e-mail you the list.

You may specify in the comments box if you have a particular interest in Salt Lake City foreclosures, or Salt Lake City HUD homes for sale. 

If you or someone you know are in need of a competent and caring real estate professional in or near Salt Lake City, Utah , I hope you will contact me.

Holladay home sales are up over a year ago as well as the average sales price.

There is a lot of free information available to you about buying, selling or investing in Salt Lake City, UT real estate. For complete information about the Salt Lake City, Utah real estate market including Salt Lake City homes for sale, property values and more, please visit the most complete website dedicated to everything Salt Lake City real estate. See for yourself, visit www.BuySaltLakeCityHomes.com

For a FREE Weekly List of Homes for Sale in Salt Lake City, UT and surrounding areas, you may fill in the form below and we will compile a list from two wholesale databases and send them to you right away.

Just fill in the form below with your correct name and e-mail address and we will e-mail you the list.

You may specify in the comments box if you have a particular interest in Salt Lake City foreclosures, or Salt Lake City HUD homes for sale.

If you or someone you know are in need of a competent and caring real estate professional in or near Salt Lake City, Utah , I hope you will contact me.

I have been to two restaurants in the last few days.   With my husband being a "foodservice professional" we tend to eat out often. These two are some of our favorites:

Lugano - Chef/Owner Greg Neville has a consistently awesome Northern Italian spot on 2300 E. in Salt Lake City

drawing in regular customers from all over town especially Holladay, Millcreek and Olympus Cove.  Lugano has won numerous awards over the last seven years they     have been open.  Some of my favorite dishes are the Grilled Salmon with Basil Mashed Potatoes, Ceasar Salad, Tagliattelle with Wild Mushrooms and their homemade ravioli special is always special - YUM.  The wait staff delivers good service especially at the end of the week!  Make reservations on the weekend, they get JAMMED!

Oyster bar and Market Street Grill - If seafood is what you are after you can't go wrong with this choice.  They always have the frestest, highest quality seafood in town.  Monday night is $.99 Oyster night, we often go there for a dozen and Seafood Cobb Salad.  During the week they have 1/2 price appetizers during "Happy Hour".  The wait staff has been dramatically upgraded in the past year making the dining experience smooth and enjoyable.  The Oyster Bar has big screen TVs and rocks on weekend nights.  This  used to be a private clubwith membership required but the state of Utah has freed us from those shackles!

There is a lot of free information available to you about buying, selling or investing in  Salt Lake City, UT real estate.  For complete information about the Salt Lake City, Utah real estate market including Salt Lake City homes for sale, property values and more, please visit the most complete website dedicated to everything Salt Lake City real estate.  See for yourself, visit www.BuySaltLakeCityHomes.com

For a FREE Weekly List of Homes for Sale in Salt Lake City, UT and surrounding areas, you may fill in the form below and we will compile a list from two wholesale databases and send them to you right away. 

Just fill in the form below with your correct name and e-mail address and we will e-mail you the list.

You may specify in the comments box if you have a particular interest in Salt Lake City foreclosures, or Salt Lake City HUD homes for sale. 

If you or someone you know are in need of a competent and caring real estate professional in or near Salt Lake City, Utah , I hope you will contact me.

Hey - all greater Salt Lake City area dwellers - Salt Lake City "Dine O Round" is back! This is a great time to try out a restaurant you haven't been to. There are awesome $10 lunches and $15 or $30 dinners (3 courses!) at the participating Salt Lake City restaurants - most terrific spots! Go to Dine O Round for more information and a list of options.

Also while you are in downtown Salt Lake City, now is a great time to find your downtown condominium  - the $8000 tax credit is still available and Utah has another $4000 available if it is a newly built one!  Get a free list of Salt Lake City Utah condominiums that qualify now!  Just fill out the form below and request the exclusive condo list.

There is a lot of free information about buying and selling real estate  at www.buysaltlakecityhomes.com

Many homeowners in Greater Salt Lake City and Park City Utah have decided that they would like to pay off their house early. There is considerable debate as to whether this is the best route to go or not. Some people advocate using any extra money for investment purposes instead of paying off the house faster, but the psychological benefits of being debt-free often outweigh any monetary factors involved in making the decision.

Refinance the Loan

Once you have made the decision and that you want to pay off your house early you can go back to the lending institution in Greater Salt Lake City and Park City Utah that you are dealing with and find out what your options are. You can ask about any penalties involved with changing the loan from a thirty-year mortgage to a fifteen-year mortgage, and find out if you can afford the monthly payments.

Save or Make Payments

Depending on penalties involved, many homeowners in Greater Salt Lake City and Park City Utah are either making extra payments towards their home or saving their extra money to make one last final payment once enough has been saved. Certain banks will allow you to add an extra one or two payments per year towards your mortgage without penalty, while others will not. You will have to talk to a loan officer at your Greater Salt Lake City and Park City Utah financial institution to find out if this is a possibility in your case. If it is not, you can save enough money for a final payment. Quite often the money you will save in interest rates by paying it off quickly is much higher than the price of the penalty.

Before you purchase a home in Greater Salt Lake City and Park City Utah ask your loan officer what type of penalties are involved if you want to pay off your mortgage faster down the road. If the penalties are very high you may want to consider looking elsewhere for a loan that is more flexible, even if the monthly payments are a bit higher.

There is a lot of free information available to you about buying, selling or investing in Greater Salt Lake City and Park City Utah real estate. For complete information about the Greater Salt Lake City and Park City Utah real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything [Profile.market] real estate. So please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 801-518-4599 or email me at kathyo@kathyohomes.com.

For a FREE Weekly List of Homes for Sale in Salt Lake City, Holladay, UT and surrounding areas, you may fill in the form below and we will compile a list from two wholesale databases and send them to you right away. 

Just fill in the form below with your correct name and e-mail address and we will e-mail you the list.

You may specify in the comments box if you have a particular interest in Salt Lake City foreclosures, or Salt Lake City HUD homes for sale. 

If you or someone you know are in need of a competent and caring real estate professional in or near Salt Lake City, Utah , I hope you will contact me.

Here is an interesting video of the Salt Lake City development project, City Creek Center.  City Creek Center is a sustainably designed, walkable urban community of residences, offices and retail stores that will rise on approximately 20 acres across three blocks in the heart of downtown Salt Lake City, UT. Upon project completion in 2012, the city will be one of few in the nation with a vibrant, mixed-use development at its core.

There is a lot of free information available to you about buying, selling or investing in Salt Lake City, UT real estate.  For complete information about the Salt Lake City, Utah real estate market including Salt Lake City homes for sale, property values, new deveopments and more, please visit the most complete website dedicated to everything Salt Lake City real estate.  See for yourself, visit www.BuySaltLakeCityHomes.com

For a FREE Weekly List of Homes for Sale in Salt Lake City, Holladay, UT and surrounding areas, you may fill in the form below and we will send them to you right away. 

Just fill in the form below with your correct name and e-mail address and we will e-mail you the list.

You may specify in the comments box if you have a particular interest in Salt Lake City foreclosures, or Salt Lake City HUD homes for sale if that is your primary interest.

If you or someone you know are in need of a competent and caring real estate professional in or near Salt Lake City, Utah , I hope you will contact me.

Finding the best builder in the Greater Salt Lake City and Park City Utah area is perhaps the most important part of building a new home.  There are several factors to consider before choosing a builder.  After all, the best builder is the one who fits your project criteria and best meets the requirements of your project.  Communication is also a very important to consider.  The person/company you hire is going to be a large part of your life for the next several months and beyond.  You will be living in the results of their work for years to come.  Communication is vital to the success of the project.  Real Estate experts at RE/MAX Associates suggest buyers interested in new construction make a list of criteria for their project.  Another list should be made that includes what they expect from a builder.

Gather a list of builder names that fit your requirements (go to www.BuySaltLakeHomes.com for help finding a builder in the Greater Salt Lake City and Park City Utah area.  Discuss your project expectations with each potential builder on your list.  After interviewing all of the builders on your list, you will be able to make a short list of builders capable of fulfilling your project needs.  Then you will be able to make an informed decision on which is the best builder in the Greater Salt Lake City and Park City Utah area for your project.

Below is a sample list of questions to ask potential builders for your project.  For a complete list of homeowner and builder questions email Kathy Opolski at kathyo@kathyohomes.com or by phone at 801-518-4599.

Builder Interview Questions:

Are you a licensed builder/contractor?

Are you a member of any professional associations?

How much experience do you have with building homes in the Greater Salt Lake City and Park City Utah area?

What manufacturers do you work with?

Do you build the style/size/type of home in our project?  (Hire a builder who has experience with the quality of home you are contracting.)

Do you have a guarantee?  (price, move-in date, etc.)

Are you flexible with customization and/or changes?

The professional real estate agents at RE/MAX Associates can help you find the best builder for your new construction home in Greater Salt Lake City and Park City Utah.  Contact us today for more information.

Free information about buying, selling or investing in Greater Salt Lake City and Park City Utah real estate is available.   To request free information about the Greater Salt Lake City and Park City Utah real estate market contact me, Kathy Opolski at kathyo@kathyohomes.com.  Have questions?  Feel free to call me with your real estate or mortgage related questions at 801-518-4599.  Complete information about the Greater Salt Lake City and Park City Utah real estate market including current homes for sale, property values and more is available online at www.BuySaltLakeHomes.com.

For a FREE Weekly List of Homes for Sale in Salt Lake City, UT and surrounding areas, you may fill in the form below and we will compile a list from two wholesale databases and send them to you right away. 

Just fill in the form below with your correct name and e-mail address and we will e-mail you the list.

You may specify in the comments box if you have a particular interest in Salt Lake City foreclosures, or Salt Lake City HUD homes for sale. 

If you or someone you know are in need of a competent and caring real estate professional in or near Salt Lake City, Utah , I hope you will contact me.

A buydown mortgage may be the key to affording your dream home according to www.BuySaltLakeHomes.com.  There are many different types of mortgage loans available to todayís home buyer.

Permanent and temporary buydown mortgages are financial tools used by lending institutions to reduce the interest rate on a mortgage loan.  With this type of financing extra points (sometimes called discount points) are paid upfront at closing.  In simple terms, a point is equal to one percent of the principal loan amount total.  A buydown is an upfront payment.  The purpose of this payment is to enable the financial institution to lower the monthly payments.  A buydown is sometimes used as a tool to enable the buyer to qualify for a mortgage.

Buydown mortgages have many benefits. 

Temporary buydown mortgages appeal to the home buyer who has prospects for a substantial income increase in the next few years. For example a spouse may currently be in school, but upon graduation will have excellent employment prospects.  A temporary buydown mortgage allows the buyer to make lower monthly payments during the first few years of the loan.  During these years the interest rate is lower than the actual mortgage loan rate.  This results in lower monthly payments early on in the life of the loan.  Buyers with lower monthly incomes can qualify for larger loans with this strategy.  In general, a buydown mortgage allows the buyer to own more house for the money.  In some cases it is the best way to qualify for any loan because of the lower interest rate.

A permanent buydown mortgage reduces the interest rate of the mortgage for the entire life of the loan.  This reduction of the interest rate will cost the buyer several points at closing. More information about buydown mortgages is available at www.BuySaltLakeHomes.com.

There are many financing options available to home buyers in the Greater Salt Lake City and Park City Utah area.  Contact RE/MAX Associates to get expert advice for your specific mortgage needs.

Free information about buying, selling or investing in [Profile.market] real estate is available. To request free information about the Greater Salt Lake City and Park City Utah real estate market contact me, Kathy Opolski at kathyo@kathyohomes.com.  Have questions?  Feel free to call me with your real estate or mortgage related questions at 801-518-4599.  Complete information about Greater Salt Lake City and Park City Utah real estate, Holladay and Cottonwood Heights homes for sale including property values and more is available online at www.BuySaltLakeHomes.com.

For a FREE Weekly List of Homes for Sale in Salt Lake City, Holladay, Cottonwood Heights, UT  and surrounding areas, you may fill in the form below and we will compile a list from two wholesale databases and send them to you right away. 

Just fill in the form below with your correct name and e-mail address and we will e-mail you the list.

You may specify in the comments box if you have a particular interest in Salt Lake City foreclosures, or Salt Lake City HUD homes for sale. 

If you or someone you know are in need of a competent and caring real estate professional in or near Salt Lake City, Utah , I hope you will contact me.

The graph below illustrates home sales in Midvale, Utah from the begining of 2006 to the current 2nd quarter 2009.  Midvale home sales dropped off quicker than other sections of the valley, starting in 1st quarter of 2007 and are just now starting to bounce back.  Median home prices have come back to $205,000 up from a low last quarter of $165,000.

There is a lot of free information available to you about buying, selling or investing in Salt Lake City, UT real estate.  For complete information about the Salt Lake City, Utah real estate market including Salt Lake City homes for sale, property values and more, please visit the most complete website dedicated to everything Salt Lake City real estate.  See for yourself, visit www.BuySaltLakeCityHomes.com

For a FREE Weekly List of Homes for Sale in Salt Lake City, UT and surrounding areas, you may fill in the form below and we will compile a list from two wholesale databases and send them to you right away. 

Just fill in the form below with your correct name and e-mail address and we will e-mail you the list.

You may specify in the comments box if you have a particular interest in Salt Lake City foreclosures, or Salt Lake City HUD homes for sale. 

If you or someone you know are in need of a competent and caring real estate professional in or near Salt Lake City, Utah , I hope you will contact me.

The graph below illustrates home sales from the beginning of 2006 to the most recent 2nd quarter  2009 in Murray, Utah.  2nd quarter home sales are off 22% from same time period last year but the median home price of $226,000 is a little above early 2007 pricing.  This is a great time to buy a home in Murray, Utah.  Many people love the local utility companies and the lower prices they afford.

There is a lot of free information available to you about buying, selling or investing in Salt Lake City, UT real estate.  For complete information about the Salt Lake City, Utah real estate market including Salt Lake City homes for sale, property values and more, please visit the most complete website dedicated to everything Salt Lake City real estate.  See for yourself, visit www.BuySaltLakeCityHomes.com

For a FREE Weekly List of Homes for Sale in Salt Lake City, UT and surrounding areas, you may fill in the form below and we will compile a list from two wholesale databases and send them to you right away. 

Just fill in the form below with your correct name and e-mail address and we will e-mail you the list.

You may specify in the comments box if you have a particular interest in Salt Lake City foreclosures, or Salt Lake City HUD homes for sale. 

If you or someone you know are in need of a competent and caring real estate professional in or near Salt Lake City, Utah , I hope you will contact me.

An early mortgage payoff is a must for every homeowner.  Even if you are not disciplined, you too can pay off your mortgage years before it comes due.  Homeowners who have discipline, but lack the knowledge needed to pay off their mortgage early, can benefit from similar financial planning know how.

Some mortgage lenders will set up a special repayment plan for a fee.  These plans can be a biweekly repayment structure, or an extra payment.  Although it is best to work out a repayment option that does not require you to pay an additional fee, if that is the only way you can make the payment ñ do it!  Consider what the fee will cost against the amount of money you will save over the life of the loan.

It is possible to pay off a 30-year mortgage in 20-years or less by making extra payments and/or more frequent payments.  Your mortgage is a structured repayment plan.  Any principal paid over the calculated amount will reduce your interest debt.  Over time this translates into satisfying the mortgage debt years before it is due to be paid off.

Just imagine what you could do with the extra money you will have each month once your mortgage is paid off!  Perhaps you could retire early.

When you pay extra principal on your mortgage you build equity in your home faster.  Many people in the Greater Salt Lake City and Park City Utah area use this extra equity to upgrade to a larger home.  Yet other financially savvy people use the extra equity to purchase a second Greater Salt Lake City and Park City Utah area home.  This becomes an income property for them.  They are well on their way to building wealth through real estate.

If you would like more information about paying your mortgage off early or using the equity in your home to help reach your financial goals, feel free to call me at 801-518-4599 or by email at kathyo@kathyohomes.com.

There is a lot of free information available to you about buying, selling or investing in Greater Salt Lake City and Park City Utah real estate. For complete information about the Greater Salt Lake City and Park City Utah real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Greater Salt Lake City and Park City Utah real estate at www.BuySaltLakeHomes.com. Please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 801-518-4599 or email me at kathyo@kathyohomes.com.

For a FREE Weekly List of Homes for Sale in Salt Lake City, UT and surrounding areas, you may fill in the form below and we will compile a list from two wholesale databases and send them to you right away. 

Just fill in the form below with your correct name and e-mail address and we will e-mail you the list.

You may specify in the comments box if you have a particular interest in Salt Lake City foreclosures, or Salt Lake City HUD homes for sale. 

If you or someone you know are in need of a competent and caring real estate professional in or near Salt Lake City, Utah , I hope you will contact me.

Holladay home sales were the highest in the second quarter since third quarter 2007.  Although homes prices are no where near historical levels, they have bottomed out and are creeping back. 

There is a lot of free information available to you about buying, selling or investing in Salt Lake City, UT real estate.  For complete information about the Salt Lake City, Utah real estate market including Holladay homes for sale, property values and more, please visit the most complete website dedicated to everything Salt Lake City real estate.  See for yourself, visit www.BuySaltLakeCityHomes.com

For a FREE Weekly List of Homes for Sale in Holladay, UT and surrounding areas, you may fill in the form below and we will compile a list from two wholesale databases and send them to you right away. 

Just fill in the form below with your correct name and e-mail address and we will e-mail you the list.

You may specify in the comments box if you have a particular interest in Salt Lake City foreclosures, or Salt Lake City HUD homes for sale. 

If you or someone you know are in need of a competent and caring real estate professional in or near Salt Lake City, Utah , I hope you will contact me.