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Salt Lake City, UT Real Estate News

By Katerina Gasset, Amplify Your Real Estate & Life Dreams!
(The Gasset Group & Get It Done For Me Virtual Services )
The nearest airport to Provo is the new Provo airport, but at the time of this writing, it’s not an international airport, and it’s tiny! The Salt Lake City International Airport (SLC) was the nearest international airport to Provo, Utah before Provo Airport announced they will be catering to international flights. I was surprised at how busy the SLCIA has become. It has grown in just the last 7 years. I feel like it has doubled in size. I have been flying to Salt Lake City each year for the past 7 years until I moved to Provo. I am used to seeing all the return missionaries being greeted as they return home from their missions. Still, these crowds are more than just return missionaries. Over 26 million people fly in and out of the Salt Lake City International Airport. This airport rank...
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By Debbie Hodrick, PMP
(Crystal Coast)
The Gateway in Salt Lake is what all other new developments in Utah compare themselves to. "It will be just like the Gateway" they say. What is the Gateway????? It is mixed use on steroids. It is a mall turned inside out. It is like main street with one way traffic.  What does the Gateway have to offer??? The Best Restaurants The Best Shopping Entertainment Galore...for all ages. Important here. You can live here, work here, play here and of course shop here. Plus two of my favorite guys are there.....Ben and Jerry. http://www.downtownslc.org/shopping-gateway.htm  
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By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Salt Lake City actually pulls in at Number 6 on Forbes' list of the top 10 Recession Proof Cities in the nation in a report posted on April 29th, 2008.  What factors led to it's top 10 placement? Median Home Price is up 2.5% Unemployment is low at 3.1% Education and Health Services are growing at 5.5% Relocating to the Salt Lake City area soon? Make sure you get an Agent on YOUR side of the transaction! If you have excellent credit and will be buying a $250,000-$750,000 home in the next 30-60 days and would like an agent who will work exclusively for you, call us at (801) 969-8989 or contact us via the link on this page. ©2008 Homebuyer Representation, Inc.  "The Real Estate Agents on the Buyer's Side" ™ Exclusive Buyers Agents (EBA) - All Rights Reserved Exclusive Buyer Brokerages do n...
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By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Last week Forbes.com put out a picture story about the best places in the United States to SELL your home. Here's what they said: The story makes a few interesting statements about Salt Lake's ecoonomy that I thought should be considered by anyone considering a move to the area, as well as by those of us who live, work, and own homes here. Here they are, paraphrased by me: 1."Salt Lake's growing economy was not housing reliant" 2. "Salt Lake has a 3% annual job growth rate" 3. "Salt Lake has declining home inventory"  4. "Salt Lake has one of the nation's sharpest declines in construction" 5. "Salt Lake didn't (doesn't?) have an overwhelming inventory glut"  Unfortunately, they didn't provide links to the data to back up these claims, so, although it is "Forbes", be cautious. Here is wh...
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By Tony Fantis, Realtor,Principal Broker - Salt Lake City
(Fantis Group Real Estate)
 Last year, more than 400,000 Realtors didn't sell a single home.  That's a lot.  And in my home state of Utah surrounding Salt Lake City, the average Realtor sold 1.3 homes.  What is going on?Put simply, there are too many Realtors.  It's too easy to get a license.  It takes less time to get a real estate license than to be licensed to cut hair.  Both are important jobs.  One is under-regulated.So if the states won't make adequate licensing requirements for agents, then it falls on the Realtor organization. Now I'll likely get some hate mail for this, but let me be the first to say I'd pay triple my Realtor dues in order to flush out non-producing agents.  It is NOT a benefit to consumers to have 400,000 Realtors roaming around with no experience.  Sure, there will always be new people...
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By Natalie Southwick
(Aspen Creek Realty)
Over the past few years national foreclosure statistics have been on the rise.  Whether reading the newspaper, watching the news, or surfing the internet, the number of foreclosures and short sales made headlines.  Due to our strong economy and desirable real estate locations, foreclosure trends in the Utah real estate market were at a slower pace when compared to the national average.   In 2008 it’s evident that’s no longer the case, as foreclosures are beginning to have a greater impact on our Utah real estate market.  Realtytrac.com is reporting that one in every 678 Utah households has foreclosure filings, which is up 52% from February 2007.  As a prospective buyer or seller of Utah real estate it’s very important that you understand basic foreclosure terminology.  Here’s a quick li...
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By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
It will be interesting to see if the slowdown during the Fall (which causes numbers in the Winter to be lower) was as dramatic as it seemed. I'm curious if Spring and Summer might actually do very well due to many hesitant and fence-sitting Buyers who are now confidently purchasing homes again. If this is true, it could lead to inflated numbers over the Spring and Summer and as the pool of Buyers slows again to what would be a more "normal" rate in the Fall and Winter, those numbers could look bad next year, where in reality they would only appear to be bad due to the higher than average number of Buyers who are now ready to buy because they didn't purchase over the Fall and Winter...Only time will tell!If you are thinking about moving to the Salt Lake City area, make sure you get an Ag...
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The Redman Building looks like it is nearing completion and the luxury condos will soon be available.  This building is one of a kind in Salt Lake.  The project is major and will feature underground parking, high-end finishes, and a world class gym on the ground level.  Go to redmancondos.com to join the preferred interest list so you can be notified first when they will start taking reservations.  
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By Tony Fantis, Realtor,Principal Broker - Salt Lake City
(Fantis Group Real Estate)
High on the hill with the celebrity types in Arlington HillsHigh above the University of Utah next to the Avenues and Upper Avenues lies Arlington Hills, a luxury neighborhood with a few celebrities.  Arlington Hills offers a variety of home styles, while prices range from roughly $500,000 to $1.5M, with the occasional modern mansion or spanish villa selling for 2, 4, or even 6 million dollars.Many homes in Arlington Hills have paroramic views of the valley from downtown Salt Lake City to the beautiful Wasatch Mountains.  It is a stabil neighborhood of residents who usually settle there for many years.Up here it's high enough to rise above the smog and get some clean air, some clean living, and some perfectly manicured yards.  And yes, you might even see an old Mercedes or Volvo heading...
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By Tony Fantis, Realtor,Principal Broker - Salt Lake City
(Fantis Group Real Estate)
Pure as the driven snow?  Hardly.Salt Lake City gets a bad rap, and it makes me sad.  Heck, I moved here with no intentions of staying (I only wanted to ski the Greatest Snow on Earth) and 17 years later here I am.  Why, you ask? I thought you might.Well, Salt Lake City is quite liberal and diverse.  From domestic partnership benefits and gay representatives to just about any religious group you can imagine there truly is something here for everyone. We have a world class symphony.  Our arts and law and medical programs are some of the best.  Dining out has grown exponentially in the last two decades, and there's more nighttime theater/shows/dancing/singing/acting/drinking than you can shake a stick at. Salt Lake is young. Utah has the youngest population of any state, with the highest ...
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By Tony Fantis, Realtor,Principal Broker - Salt Lake City
(Fantis Group Real Estate)
Too close to call?I've always loved the neighborhood around 9th and 9th.  It's one of Salt Lake's great walking communities with locally owned shops and some great food, coffee, and movies.So what's going on with real estate in that area?  Let's start with some County statistics and narrow it down from there.  First, the market seems to be in a correction period.  In the last quarter of last year, homes dropped back down to the first quarter prices.  Nothing major.  Here's the graph: Now if we narrow right in on the 9th and 9th area, comparing year-to-date numbers from last year and this year.  The values  seem to concur with the county graphs and trends.  Last year, 32 homes sold in the 9th and 9th area from January 01 to March 21.  This year, only 16 have sold in the same time period....
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By Julie Neerings~Lifting Hearts ♥ Building Dreams~
(Agent Referral)
Salt Lake City, Utah is #1 in the Top 5 Cities to Land a Job in 2008 (please click on the link to receive the full story)This is so exciting to see Salt Lake City, Utah as #1 of 5 top cities to land a job in 2008. Salt Lake City, UT Wichita, KS Austin, TX Atlanta, GA Fort Worth, TX With all the many reports being made these days about jobs, the economy and the real estate market, sometimes that information isn't so enlightening, but for Utah we just keeping hearing the positive pour in about all these subjects. Now, you can't beat that! If you find yourself asking the question, "should I move and make a fresh start for 2008?" Then relocating to Utah may be just what is in order to fulfill your goals. Still not convinced to make that move? Well, ask yourself some questions and if you fin...
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By Salt Lake City Real Estate
(Jen and Hannah)
Jen and Hannah would like to help you with every aspect of your move. That’s why they are offering these information-packed special reports free as a community service. Just check the report(s) containing exclusive information from Jen and Hannah and click the “Send Me” button. You will receive your requested information in the mail in the next few days. Special Reports for Home Buyers How and Why to Buy a Home in Today's Buyer's Market (and Avoid the Mistakes that Stop Buyers from Capitalizing on the Opportunities Available Today) Description Coming Soon. Special Reports for Home Sellers 29 Essential Tips That Get Homes Sold Fast (And for Top Dollar) Selling your home? This information packed report offers tips, hints and insights to help you to a speedy and more profitable home sale. ...
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By Salt Lake City Real Estate
(Jen and Hannah)
Salt Lake County is an incredibly diverse valley full of every amenity imaginable. You can go 15 minutes in any direction and find great shopping, resturaunts, theaters, museums, hiking trails, incredible canyons as well as world renowned skiing. The Salt Lake Valley was settled in the late 1800's where the building began on the east side of downtown and spread south of there. The east side of the valley is where you will find many of your historical homes and neighborhoods. The west side of the valley is where you will find many of the new developments and neighborhoods such as Daybreak and other newer developments. You can find newer homes and historical homes in almost any part of the valley. Salt Lake County is home to professional sports teams such as; The Utah Jazz NBA Team, the S...
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By Salt Lake City Real Estate
(Jen and Hannah)
Relocation Guide  Relocation Survival Guide for Moving to the Area This guide is designed for anyone considering a move to the area and is a great source of information. Here are just a few of the things Jen and Hannah have included to help you get your move off on the right foot: A complete map of the area, including all streets, highways, public transportation, schools, parks and public areas, shopping centers, churches and major landmarks.A breakdown of local neighborhoods, including average prices and types of homes as well as schools, parks and recreational areas found in each one.Guide to popular restaurants, shops, attractions and entertainment around the area.An insightful step-by-step relocation checklist, including things you’ll need to do in your current home, things to take ...
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By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Salt Lake Market in a Nutshell (February 15, 2008):Number of Homes Listed: UPNumber of Homes Sold: DOWNList Prices: DOWNSOLD Prices: UPTo Buy or Not to Buy: BUYIt's a Buyer's Market. What are you waiting for?If you are thinking about buying a home in the Salt Lake area, make sure you get an agent on YOUR side.Homebuyer Representation, Inc. is the only Real Estate Brokerage representing Buyers ONLY in Salt Lake City and the Surrounding Areas. We do not list any homes. We never represent Sellers. We work for BUYERS ONLY on the Buyer's side of the transaction. We work to get BUYERS the Best Price and Terms when they Buy... We're "Real Estate Agents who Represent the Home Buyer" TMIf you have excellent credit and are thinking about buying a $250,000-$500,000 home in the Salt Lake area in th...
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The Liberty Park Tennis Bubble needs your support.   The bubble is under attack from a neighbor that claims the bubble blocks his/her sight of the mountains.  There will be a meeting of the Historical Landmark Commission on Feb 20th to determine the fate of the tennis bubble. You can come and just show your support or you can participate with a 2 minute statement.  The meeting will be held at the City Building on 4th South and State in room #326. I use the bubble regularly and it is a big part of my lifestyle that makes living in this city so great.  I think it would be tragic to the park and the Liberty Park neighborhood to have the bubble taken down.  If you feel the same, please join me at the meeting.   
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By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
In an American City Business Journal report today on MSNBC (February 13th, 2008) Salt Lake was mentioned as being the second least stressful metropolitain area in the country.It said:"Salt Lake City is the runner-up in the low-stress derby. It enjoys America's smallest unemployment rate, 2.6 percent, as well as light traffic, healthy citizens and low crime rates."The full article can be found here: http://www.msnbc.msn.com/id/23144791/If you are thinking of relocating to the Salt Lake City area, choose to buy a home the least stressful way - with an agent working on YOUR side!Homebuyer Representation, Inc. is the only Real Estate Brokerage representing Buyers ONLY in Salt Lake City and the Surrounding Areas. We do not list any homes. We never represent Sellers. We work for BUYERS ONLY o...
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By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Salt Lake City is one of a handful of cities that has recently been added as a Google StreetView City!You are either really excited about this or really freaked out about it, but the bottom line is that this is good news for homebuyers. Listing agents tend to take pictures from angles that conveniently leave things out like huge power lines in front of the house, substations or water treatment facilities next door, or avoid showing you that the home is on one of the busiest roads in town. (Among countless other things)Now, from the convenience of your home or office, you can "drive" through the neighborhood and eliminate homes from your list that have these types of problems that otherwise may only become obvious by actually driving up to the property.Another benefit is that you can now...
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By Salt Lake City Real Estate
(Jen and Hannah)
Airport Area - SLC International Airport, International Center, Utah State Fairgrounds Downtown - Utah State Capitol, Salt Palace Convention Center, Temple Square, Delta Center, Downtown Malls, The Gateway, Gallivan CenterWest Valley - West Valley City, Kearns, E Center, Utah Olympic Oval, Valley Fair Mall  City - University of Utah, Emigration Canyon, Utah's Hogle Zoo, This Is The Place, Trolley Square, Foothill Village, Sugar HouseMid-Valley - Murray, Holladay, Millcreek Canyon, Cottonwood Mall, Fashion Place Mall  South Valley - Midvale, Sandy, West Jordan, South Jordan, Draper, South Towne Exposition Center, Kennecott Copper Mine, Gardner Village, South Towne MallMountain Resorts - Big and Little Cottonwood Canyons, Ski Salt Lake Resorts: Alta, Brighton, Snowbird, SolitudeSalt Lake ...
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By Julie Neerings~Lifting Hearts ♥ Building Dreams~
(Agent Referral)
Utah Relocation: Helping You Find Your Way…Transportation :::Utah representative smiling::: Hello Utah Buyers of Ultimately Utah, I hope you enjoyed your flight. I would personally like to welcome each and every one of you to the State of Utah and to The Heart of Utah Real Estate relocation and military transfer guide and to share with you the beauty, convenience and simple living that our state has to offer. If you haven’t noticed, I was the Captain of Buyers Brilliance and the Captain of Ultimately Utah.  I personally wanted to take this journey with you and share the knowledge I have of our incredible state.  My wish is to take you through the home buying process for relocations and military transfers with ease and make this time comfortable for you by providing you with all the kno...
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