Your Neighborhood Homes Sold Price Report   If you want to know what homes are actually selling for in today’s market, the easiest way to find out is to look online. But housing data on websites can be months old and value estimates as much as 30% higher or lower than actual sales prices. Too, looking at the asking prices of homes for sale doesn’t always tell the whole story, when what you want are actual transactions data.

You may be looking to purchase a home, but aren’t sure where to begin. What are pros of buying am existing house vs buying a brand new house? Buying a brand new house offers some real advantages to a home buyer.   There are fewer repairs on heating and cooling units, and you’ll have new appliances that are less likely to need service.

Home sales down, prices rise to pre-recession level Sales of single-family homes in Salt Lake County fell 4 percent in the first quarter, the first time home sales showed a quarterly decline in five years (first quarter year-over-year).   In the January through March period, 2,158 single-family homes were sold by Realtors®, 100 less homes sold compared to the same quarter in 2013. The first quarter decline follows a robust 2013 selling year.

Week of April 13, 2014 Mortgage rates moved downward last week as equity markets sold off. Most analysts predicted the beginning of a potential slow, upward trend for interest rates, rates dropped. While an uneven economy certainly creates an environment for rates to move downward, last week’s sell off in equity markets made it easy for rates to trend downward.

Are you buying your first home and new to the business of real estate?  What should you know about title companies? A title company, also known as an escrow company, is a third party in a real estate transaction (Buyer, Seller, Title Company). The title company coordinates the escrow process, and follows the instructions for closing the transaction as stipulated in the purchase agreement.   It ensures that everything is in order before the buyer and seller close the sale.

A home inspection isn't mandatory when you purchase a house, but I recommend that you have any home you’re planning on buying inspected by a licensed inspector. In fact, I’d REALLY ENCOURAGE it. A home inspector has the training and expertise to provide an objective opinion about the condition of the home.

So you are thinking of buying a house as a rental investment.   What should you know before taking the plunge? Buying the right property is the “secret. ”  Your first step is to make sure the property is in an idyllic location for tenants and likely to appreciate.

A lot of home shoppers out there may come across a house that is listed "As Is. "  It is a confusing and broad statement.   Should you ever consider buying a house that is an "As Is" property?It really depends on the house and the situation.

Interest rates can have a huge impact on your finances, especially if you carry a lot of debt.   Here’s some important information that can help you manage your money more successfully:Mortgages. You may pay more as the rates go up if you have an adjustable-rate mortgage.

What should I do to find the right home at the right price?  A tip that will help you get the home you want is to be financially prepared before you start house hunting.   Here are two key points:  Find a motivated lender.   Ask your REALTOR® (choose one who is an experienced Home Buyer Representative) to refer one or two reputable lenders to you.