Real Estate News

Nov. 14, 2024

Is It Time to Move? Exploring Life Changes That Drive Homeowners to Sell

In recent years, many homeowners have postponed selling their homes to avoid taking on a higher mortgage rate for their next property. If you’re feeling the same way, you’re not alone. This common hesitation has been a key reason for the limited housing inventory on the market.

However, a …

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Nov. 12, 2024

Top Reasons Homeowners Are Choosing to Sell Now Despite Higher Rates

Over the past few years, many homeowners have delayed selling their homes, reluctant to give up their low mortgage rates in exchange for today’s higher rates on a new property. If you’re feeling the same hesitation, you’re not alone—this is a common reason for the low …

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Oct. 3, 2024

Home Values Rise Even as Median Prices Fall

What’s Really Happening with Home Prices?

Lately, you may have noticed headlines about the median asking price of homes dropping compared to last year, which has stirred up some confusion. If you're a buyer or seller, you might be wondering if this means home values are actually falling. But …

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Oct. 1, 2024

Washington County Market Pulse - September 2024

In September 2024, Washington County's real estate market is experiencing a mixed but largely positive outlook. Although sales have dropped sharply, the rise in under-contract listings, quicker sales times, and higher prices per square foot suggest continued demand. The market is becoming more balanced with increased inventory, and the drop …

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Sept. 24, 2024

Why Buying Now Could Pay Off in the Future

Should you buy a home now or wait? It's a question on many people's minds. While the answer depends on your unique situation, here's one important factor to consider as you make your decision: the sooner you buy, the sooner you start building equity—and that can add up faster than …

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Sept. 19, 2024

Mortgage Rates Reach Lowest Point in More Than 18 Months

Mortgage rates have recently dropped to their lowest point in over a year and a half, which is great news if you’ve been waiting on the sidelines to buy a home.

Even a slight decrease in rates can significantly lower your monthly payment, and the recent drop has been …

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Sept. 10, 2024

The Unexpected Growth of Your Home Equity Over Time

There are many reasons you might be considering selling your home. As you explore your options, one common concern you may have is how to navigate today’s housing market, particularly when it comes to affordability. If this is top of mind for you, knowing how much equity you’ve built in …

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Sept. 5, 2024

Unlocking the Potential of Luxury Living

Reimagining luxury living goes beyond breathtaking views and state-of-the-art smart home features—it’s about embracing a lifestyle of refinement. If you’re in the market for a million-dollar home, now is a great time to delve into the thriving luxury housing market. Here’s why.

Luxury Homes Are on the Rise

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Sept. 3, 2024

Washington County Market Pulse - August 2024

 

As we dive into the 2024 real estate market in Washington County, Utah, notable shifts are shaping the landscape for both buyers and sellers. While the number of homes hitting the market and closing sales have slightly decreased, property values continue to rise, with the median sales price …

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Aug. 27, 2024

What Mortgage Rate Are You Holding Out For?

It’s no secret that mortgage rates have significantly affected housing affordability over the past few years. However, there’s light at the end of the tunnel—rates have started to come down. In fact, we’ve recently hit the lowest rates of 2024, according to Freddie Mac (see graph below):

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If …

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