801-888-1800 Darin Michl, Your Realtor for Snowbasin Real Estate, Powder Mountain Real Estate and Wolf Creek Real Estate in Eden, Huntsville, Liberty and the Ogden Valley, Utah.
Real Estate News
More home owners are considering adding storm shelters following a deadly tornado on Monday that tore through parts of Oklahoma City, flattening hundreds of homes and killing at least 24 people. Storm shelter companies report they’ve fielded a surge of calls since the tornadoes struck.
The storm shelters are made to withstand winds of 250
The Consumer Financial Protection Bureau (CFPB) proposed a new rule in January that requires lenders to carefully scrutinize borrowers’ ability to repay their mortgages. The ability-to-repay rule, which first was greeted with positive reaction, now has some lawmakers and community banks concerned that it may cause lending to tighten even m
Americans who are between the ages of 18 and 34 — known as Generation Y — could be a “game changer” in the U.S. real estate market, according to Urban Land Institute. As such, ULI researchers are taking careful note of this generation’s preferences when it comes to homes.
A new ULI survey of about 1,200 Millennials shows that 59 percent of
The Wall Street Journal highlighted four primary reasons why the housing market recovery is strong. They are:
- Sales have made big leaps from year-over-year levels. Existing-home sales are up 9.7 percent compared to one year ago. Sales are at an annual rate of 4.97 million, which is the highest level since November 2009, according to NAR.
A brokerage in Atlanta, Ga., is launching a program aimed at giving military veterans a new career as real estate agent. Better Homes and Gardens Real Estate Metro Brokers launched a “Veterans to Real Estate Professionals” program, which offers vets incentives like full-paid scholarships that cover the cost of real estate school and the f
Existing-home sales rose in April but remain below underlying demand because of limited inventory and tight credit, according to the National Association of REALTORS®. All regions are showing strong price gains from a year ago.
Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and
...Residents of Moore, Okla., are beginning to pick up the pieces of their lives—and REALTORS® are helping their affected colleagues. The Oklahoma Association of REALTORS® says 10 of its members lost their homes in Moore and other affected areas Monday when a massive tornado swept through the area, ripping up homes and buildings along a 17-
Business Insider recently ranked 15 cities by their projected annualize change in home prices between the fourth quarter of 2012 and the fourth quarter of 2017. Many of these cities have seen large declines in home prices over the last few years, but are expected to post major gains and strong rebounds in the coming years.
According to
The National Association of Hispanic Real Estate Professionals estimates that immigration reform could bring an estimated pool of 3 million new home owners into the market. The nonprofit trade association estimates that current legislation proposing to give legal status to some immigrants has the potential to generate $500 billion in real
Following a 6-month search, police arrested a 32-year old man on charges of stalking more than 20 female real estate agents in the Nashville area over the past year. Police allege that Robert Green sent provocative text messages and naked pictures of himself to the female agents.
Police say Green targeted real estate agents in the area by
The National Association of Hispanic Real Estate Professionals estimates that immigration reform could bring an estimated pool of 3 million new home owners into the market. The nonprofit trade association estimates that current legislation proposing to give legal status to some immigrants has the potential to generate $500 billion in real
Mortgage applications last week dropped 10 percent after rates soared to their highest level since March, the Mortgage Bankers Association reported in its weekly mortgage market survey for the week ending May 17.
The refinance index—which reflects applications for refinancing—fell 12 percent last week, while applications for home purchases dr
Waypoint Homes Realty Trust Inc. becomes the latest single-family rental company to announce plans to raise up to $100 million in an IPO.
“The race is on to raise money on public capital markets for the latest big thing in real estate: renting out single-family homes,” The Wall Street Journal reports.
Waypoint is the fifth single-family
In a housing market characterized by a short supply of properties and by bidding wars, some buyers are hoping to get a competitive edge by writing sellers short notes about why they fell in love with a home and want to become its new owners.
Michael Citron, an agent in Florida's Broward and Palm Beach counties, says, "Money talks, but a
An estate in Greenwich, Conn., belonging to timber mogul John Rudey was recently listed for sale at $190 million, making it the highest priced listing for a private residence in the United States. It amounts to a whopping $14,054 per square foot.
The waterfront property includes two offshore islands, 4,000 feet of water frontage, and the
The housing market is expected to become a “meaningful contributor” to U.S. economic growth this year and for the foreseeable future, says Ron D’Vari, NewOak CEO and cofounder.
For this year, the housing market sector is expected to provide an estimated 0.5 percent rise to the gross domestic product this year, D’Vari notes.
"While the
The housing market is expected to become a “meaningful contributor” to U.S. economic growth this year and for the foreseeable future, says Ron D’Vari, NewOak CEO and cofounder.
For this year, the housing market sector is expected to provide an estimated 0.5 percent rise to the gross domestic product this year, D’Vari notes.
"While the
As consumer confidence, the economy, and job market all make gains, more Americans are feeling like they have money to spend on second residences and summer homes. Low interest rates are still a big draw.
Vacation home sales increased 10 percent nationwide in 2012, according to the National Association of REALTORS®. Real estate professionals are
...An infographic from Loans.org shows just how big a difference mortgage rates can make to lowering home buyers’ and home owners’ monthly payments over the years.
For example, the infographic shows that a home owner in 2013 could pay $1,347.13 a month for a four-bedroom, three-bath home.
But just four years earlier, in 2008, the average
In the first quarter of this year, housing affordability continued to hold near its historic highs, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index.
From the beginning of January to the end of March, 73.7 percent of new and existing homes sold were affordable to families earning the U.S. median
By Melissa Dittmann Tracey, REALTOR(R) Magazine
Winner of NKBA’s 2013 Best Kitchen design competition: Wendy F. Johnson, Designs for Living, Manchester, Vt. The kitchen featured a “curved LED-lit glass bar overlooking art glass on panels in the cooking and entertaining centers.”
Shades of gray, quartz finishes, and energy efficiency are all
...By Melissa Dittmann Tracey, REALTOR(R) Magazine
Winner of NKBA’s 2013 Best Kitchen design competition: Wendy F. Johnson, Designs for Living, Manchester, Vt. The kitchen featured a “curved LED-lit glass bar overlooking art glass on panels in the cooking and entertaining centers.”
Shades of gray, quartz finishes, and energy efficiency are all
...The five-year extension of the National Flood Insurance Program (NFIP) last July was an achievement hailed by the National Association of REALTORS® for bringing stability and certainty to the federal program that enables property owners to access affordable flood insurance when required for a mortgage. But the new law also phases out government
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