Ogden Named Top City for Young Buyers

Northern Wasatch Association of RealtorsUpdate

Despite the obstacles of student loan debt and rising home prices, young buyers still have a feasible path to homeownership. In fact, a national study recently named Salt Lake and Ogden as two of the top areas for buyers under 35. The National Association of Realtors studied employment growth, population trends, incomes and housing conditions in the nation’s 100 largest metropolitan statistical areas to identify the best places for millennials who are buying their first homes. The report defines millennials as buyers under 35 years old. “Even with potentially higher incomes, prospective millennial homebuyers residing in some of the most expensive cities in the country face the onerous task of paying steep rents while trying to save for an adequate …

Tips for buying in a hot housing market

Northern Wasatch Association of RealtorsHomeFinder

As the housing market heats up, record-low inventories are bringing new challenges to this year’s crop of spring homebuyers. With few properties available and lots of competition, would-be purchasers need to prepare ahead of time to make sure they can snag their favorite property — without overpaying for it. This seller’s market is the result of strong housing demand and low supply levels. At the end of January, Utah had the fewest number of homes for sale on records dating back to 2003. This extended to Northern Utah where competition for homes was among the highest in the state. In fact, based on the ratio of sales to available properties, Davis County is currently the hottest market in the state …

Record home sales in 2015; continued growth expected in 2016

Northern Wasatch Association of RealtorsHomeFinder

Even though it’s cold outside, that hasn’t stopped the momentum of Utah’s red-hot housing market. In fact, last year’s performance marked some of the highest sales in state history — a fact made even better by the prediction that demand won’t be slowing down for 2016. While real estate throughout Utah performed well, areas in Northern Utah were among the top markets. In Weber County, Realtors sold nearly 4,400 homes in 2015, just shy of the record set during the boom year of 2006. In Davis County, Realtors beat the 2006 record by selling more than 5,100 properties. This is the most homes ever sold annually in the county, according to UtahRealEstate.com records dating back to 1995. Statewide, Realtors sold …

Agent Safety is Top Priority

Northern Wasatch Association of RealtorsUpdate

With the murder of real estate agent, Beverly Carter, her son is urging for greater safety measures to be taken to prevent this from happening to someone else. With the tragic murder, it is important for agents to make safety a top priority and REALTOR® associations across the country are taking extra precautions to train and ensure safety for agents. There are some apps and ‘smart jewelry’ worth checking out to stay safe. In addition to using technology to stay safe, here are a few more things you can do to stay safe: Always let your office and one personal contact know where you are at all times. Never agree to a private showing unless you’ve already met the client …