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Riverton, UT Real Estate News

By Mark Watterson, Utah Real Estate
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.    SUMMARY Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase.  High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.  Some are trying to time the market and market timing is risky.  Trying to time the bottom is not for the inexperienc...
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By Utah Real Estate Search Utah County Realtor, Home Listing Partner
(Home Buyer Realty Utah)
Getting Pre-Qualified is your first step when you Purchase a Utah County Home The time has come to start shopping for a home to purchase.  The first thing that you should do is to get pre-qualified for a Utah County home loan.  It is very important to understand what your price range is prior to looking so you don't waste time looking at properties that are out of your price range. Where do you begin? Most Utah County Realtors work with a trusted network of Mortgage professionals, who can assist you in getting pre-approved for a loan so that you can comfortably begin looking at homes with the assurance that you can obtain the proper financing. Generally, Utah County loan officers can help you with a pre-approval by getting some basic information (address, social security number, etc.) o...
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By Utah Real Estate Search Utah County Realtor, Home Listing Partner
(Home Buyer Realty Utah)
Utah County First-Time Home Buyer Well the time has come; you are finally out making a good living.  You are beginning to get tired of paying rent, the number one advise that friends and family are giving you is, Buy a House.  By this time you are about to be hitched and have probably saved enough money for a down payment.  After a fair amount of thinking about it, you jump over the first hurdle and decide to go for it.  Now once you are focused about what you want you then jot down a list of things you want in a house.  That being done the search begins.  These days the task of sifting through hundreds of potential houses is not as hard.  With a few mouse clicks, you can see multiple house listings and take virtual tours of houses for sale. The key points to consider are the location a...
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By Utah Real Estate Search Utah County Realtor, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Foreclosure Properties, Short Sale, Bank Owned Utah County Properties that are in distress usually are referred to as Foreclosures.  Foreclosure usually happens for a number of different reasons.  Few home owners choose to go into foreclosure voluntarily.  It is often a result of one of the following: ·         Loss of Job, laid-off, fired or just quit. ·         Unable to work due to medical condition. ·         Divorce ·         Job transfer ·         High debt, unable to make mortgage payments Utah County Foreclosure property can be distributed to the public in a number of different ways.  The first step usually takes place in the form of a Utah County Short Sale.  The seller tries to negotiate a lower payoff to try and avoid credit report problems.  When the seller is un...
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By Utah Real Estate Search Utah County Realtor, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Home Inspection Well, you just made an offer on a beautiful new Utah County Home.  You are excited about the possibilities that this new home is going to bring to you and your family.  Don't let this dream turn into a nightmare because you decided not to spend a little extra money on a Utah County Home Inspection. A study conducted by the American Society of Home Inspectors and the NAR in 2001 found that 77% of all homebuyers insisted on a Home Inspection prior to purchasing their property, and 97% of that group believes the service was a good value for the price. Next to the financial contingency in the Real Estate Purchase Contract, the Utah County Home Inspection is the most reason you need to consider before purchasing the home.  This is where you have the right to back ...
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By Gordon Sloan, Salt Lake Homes For Sale, Salt Lake Real Estate
(Group1 Real Estate, selling houses in Salt Lake City Utah )
Salt Lake Foreclosures In Riverton UT-What They Sold For! Trying to figure out how to price an offer on Salt Lake foreclosures in Riverton UT?  It's easy; Check this out. Identify foreclosures in Riverton UT that have sold in the last 30 days. Don't include short sales or any other pre-foreclosed homes or condos. Only include homes that are real foreclosures. Houses that are owned by the bank or corporate investors through the foreclosure process. These are sometimes called REOs. Put together a narrative of each home sale, describing age, size, asking price, sold price less any seller paid concessions, lot size, price paid per square foot, etc: Now you have information to help you compare what the home you are looking at is worth as opposed to homes that have actually sold. In the last ...
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By Mark Watterson, Utah Real Estate
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.    SUMMARY Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase.  High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.  Some are trying to time the market and market timing is risky.  Trying to time the bottom is not for the inexperien...
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By Debbie Aldrich, Salt Lake City Realtor - Salt Lake County, Cottonwood Heights
(The Watts Group Real Estate )
RIVERTON GEM READY FOR YOU TO MOVE INTO, BRING THE HORSES AND START LIVING THE DREAM INSALT LAKE COUNTY. Easy access to 12300 to the freeway, great location, great neighborhood. Debbie Aldrich | Keller Williams Utah Realtors | 801-870-0606 2265 W. Myers Ln, Riverton, UT Horse property, wonderful home with landscaped yard,hot tub, covered patio, large shade tress, out buildngs, coral. 3BR/2BA Single Family House offered at $267,300 Year Built 1959 Sq Footage 1,778 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 2 Parking 2 Car garage Lot Size .50 acres HOA/Maint $0 per month see additional photos below PROPERTY FEATURES - Hardwood floor - Living room - Breakfast nook - Dishwasher - Refrigerator - Stove/Oven - Microwave - Basement - Laundry area - inside - Balcony, Deck, or Patio - Yard OTH...
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By Gordon Sloan, Salt Lake Homes For Sale, Salt Lake Real Estate
(Group1 Real Estate, selling houses in Salt Lake City Utah )
The market report On Riverton Utah Homes For Sale shows some very interesting results. Real helpful If your searching Homes For Sale In Riverton Utah.  Of particular interest is what has happened to the listed inventory of homes and Condos for sale in this South East Valley Community. If you are looking at Salt Lake Homes for Sale in Riverton UT, these are stats you need. Statistics provided by the Wasatch Front Regional Multiple Listing Service for the month of July, do not include homes for sale in Riverton by FSBOs (for sale by owners) or most of the new homes or condos offered by builders in the area.  Riverton Utah Homes For Sale Info-Sold Homes In Salt Lake There are usually about 225 to 375 listed homes for sale in Riverton Utah. The absorption rate for homes and Condos in River...
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By Alan Barker
(Boomerang Leads)
Numbers for Riverton Real Estate were similar to the county average.  9 less homes sold, median price decreased 5.23%, and price decreased 11.52% on average.  Inventory for Riverton homes is 7.29 months and there are 243 homes listed.
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By Utah Real Estate Search Utah County Realtor, Home Listing Partner
(Home Buyer Realty Utah)
As a home buyer, it only makes sense to try and get the lowest rate possible when obtaining a Home Loan.  After all, the rate is the primary factor in determining your house payment.  But how do you get a low rate when applying for a home loan?  This is the primary question that most home buyers want to know.  I would like to explain some important ideas that you need to keep in mind. Credit Score One of the primary factors in helping to determine your interest rate is your credit score and financial history.  In other words the best interest rates are usually reserved for those with the highest credit score.  So if you credit score is not very high the chance of getting a lower interest rate is not very good.  It is very important,  that,  prior to applying  for a home loan, you pay al...
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By Mark Watterson, Utah Real Estate
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.    SUMMARY Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase.  High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.  Some are trying to time the market and market timing is risky.  Trying to time the bottom is not for the inexperien...
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By Alan Barker
(Boomerang Leads)
Riverton was pretty close to the average in the county as the number of homes sold went down 21%.  Sold price of Riverton homes also experienced a decline like many other cities. Median sold price was down 8% and average sold price was down 4%.  Active prices are listed for more than what homes sold for in 2008 and will most likely continue to decline.  
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By Cache Valley Homes Cornerstone Real Estate
(Cornerstone Real Estate Professionals)
CLICK TO VIEW LISTING WEBSITE Photo Gallery View More Photos Description and Features Excellent opportunity to live in an great Riverton neighborhood. Home is nearly new with many upgrades. You will love the community with two large parks, walking trails, elementary school and shopping. Fully landscaped yard with raised garden, trees, flower beds, automatic sprinklers, and secondary water. Basement is unfinished with room to grow and large cold storage. Main floor has a large great room with vaulted ceilings, fireplace, office and laundry room. Kitchen with island, beautiful cabinets, stainless steel appliances and tile. Master bath with soaking tub and separate shower. Bedrooms:3Bathrooms:2Parking Spaces:4Square Feet:3630Lot Size:.16Year Built:2006Floors:2MLS #:878006 Location Click t...
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By Gordon Sloan, Salt Lake Homes For Sale, Salt Lake Real Estate
(Group1 Real Estate, selling houses in Salt Lake City Utah )
For those clients that have asked for an analysis of Salt Lake Foreclosures & Short Sales in Riverton UT, this report should be of interest. For those folks that are looking for information about foreclosed homes and short sales to build a case for the price in an offer this post will be helpful. If you are looking for distressed Riverton homes for sale and what they are selling for, this analysis of Salt Lake Foreclosures and short sales is the latest word. Enjoy. Salt Lake Homes for sale in Riverton UT:There are 267 Homes for sale in Riverton Utah as of 2/17/09.That number only reflects homes listed on the Wasatch Front MLS.Few Homes for sale by owner (FSBOs) are included.70 of these listed homes have been listed in the last 30 days.19  Riverton homes listed for sale have been sold i...
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By Utah Real Estate Search Utah County Realtor, Home Listing Partner
(Home Buyer Realty Utah)
By: Robert A. Hulme - Realtor - Loan Officer -Utah County, Including Provo, Orem, Pleasant Grove, American Fork, Lehi, Highland, Alpine and Cedar Hills There are a number of things to consider when choosing the right home and everyone's priority is different.  Where should it be located; neighborhood preference; single or multi-level, number of bedrooms and baths; square footage: yard size; features: quality of school; age of home; interior or exterior appeal; and most of all, price, because if it's out of your budget, it can't be considered. Make a List Make a priority list of things important to you.  Start with the most important, things you have to have.  Then work down the list, putting them in order of most important.  After you are done, go up to the top and move down until you g...
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By Alan Barker
(Boomerang Leads)
Riverton sales were down by 21% in 2008, and house prices went down by about 5.5%.  The median sold price went down to $269,450 and the average sold price was at $305,411. With many homes listed in Riverton, buyers are bound to find something they like.  Current home prices are higher now than they were even in 2007. These numbers are not official.
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By Mark Watterson, Utah Real Estate
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION       Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.      SUMMARY Currently we are not seeing the needed positive price action (along with other indictors) to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are doing some bottom fishing.  Some are trying to time the market and market timing is risky.  Trying to time the bottom is not for the inexperienced buyer.  Also it is good to note that t...
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By Utah Real Estate Search Utah County Realtor, Home Listing Partner
(Home Buyer Realty Utah)
By:  Robert A. Hulme - Realtor - Loan Officer The overall appearance of your home is one of the major factors to consider when placing in on the market to sell.  The problem is, either you don't have or are not willing to spend the money to remodel.  There are some inexpensive things that you can do to give the appearance of success without spending the money to make it happen. Enhancements or redesigning of the kitchen usually is one of the first areas considered when thinking about what to do to improve the appearance of your home.  But is it the most cost productive means.  Many buyers would like and appreciate saving money on the purchase of the home, so that they can do the redesign themselves, this should always be considered when pricing your home for sale. The frugal minded home...
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