Shauna Ray, 2020 PresidentNorthern Wasatch Association of Realtors Northern Utah’s hot real estate market continues. With inventory cut by two-thirds compared to last year, buyers are facing tough competition. In Weber County, for example, there were only 298 homes listed at the end of January. That’s down 64% from last year. In Davis and Morgan counties, inventories were cut 65% and 81% respectively. Competition was fiercest in Box Elder County where the number of for-sale homes fell 76%. This equates to less than half a month of supply and means Box Elder has the strongest seller’s market in the state. For buyers who are frustrated by the situation, there are some things you can do to increase the likelihood the …
Pandemic is changing home buyer and seller preferences
Shauna Ray, 2020 PresidentNorthern Wasatch Association of REALTORS® As people spend more time at home than ever before — juggling remote work, virtual learning and a plethora of other responsibilities — many are rethinking their housing must-haves and looking for homes that will get them through the pandemic. In fact, a new study from the National Association of Realtors found that the pandemic has changed several home-buying and selling behaviors. In particular, both buyers and sellers say they want more space. “The coronavirus without a doubt led home buyers to reassess their housing situations and even reconsider home sizes and destinations,” said Jessica Lautz, vice president of demographics and behavioral insights at NAR. The 2020 Profile of Home Buyers and …
What does the federal moratorium on evictions mean for you?
Whether you’re a landlord or a renter, it’s important to understand what’s covered in the order, what steps must be taken and what assistance programs are available if you need financial help.
NWAOR COVID-19 Update
NWAOR is committed to do its part to promote the health and welfare of its members and staff, all while continuing to provide the best service to our members. Due to the recent recommendations regarding COVID-19, NWAOR is implementing the following measures effective immediately. Office Hours NWAOR will limit the hours in office to Monday through Thursday from 9:00am until 2:00pm. Staff will be ready to help with membership, Supra, supplies and fingerprinting. Fingerprinting will be limited to those whose license expires 3/31/20. CE Classes, Committee Meetings and Events Cancelled In an effort to comply with Governor Herbert’s request to limit group gatherings and encourage social distancing, and in an effort to do our part to slow the spread of …