ut: Weekly Real Estate Write-Offs...What does it all mean? - 12/21/07 08:57 PM
How many times have you heard the term "CDO's" or Collateralized Debt Obligations?  I think I've heard that term 6 times this week alone.  Amazing!  These are creative debt instruments that banks have come up with to make the whole lending arena easier and more fluid.  The down side is that these little guys are now wreaking havoc through our entire industry.  I finally saw a headline article in the Wall Street Journal today (12/21/07) titled: "Fraud Seen as a Driver In Wave of Foreclosures"  You're kidding right?  How on Earth did they come up with that one?  How many of … (1 comments)

ut: Hot Marktet in Saratoga Springs, Utah??? - 11/16/07 11:35 AM
This table shows the current real estate activity for Saratoga Springs Utah.  There are some great opportunities for homes that are priced right!  The numbers in the lower price ranges are seeing the most activity right now.  Homes priced at or below $350,000 will see some good activity if priced correctly.  This means that a home with 2,500 sqft, 3 beds, 2.5 baths priced at $335,000 is probably over priced right now.  That home should be priced around $245,000 right now!  I know, I know a lot of you are saying that's ridiculous!  I say take a look at the market … (0 comments)

ut: Fastest Way to Sell Real Estate in Utah - 11/10/07 12:11 PM
It may not come as a shock to you, but you'd be surprised how many property owners have not figured out how to sell their home quickly! Is it the Agent? Is it the Buyer? Is it the Market? Are the planets all in alignment? Is it the Law of attraction? All right, all right what is it? The secret may not be what you are looking for. Maybe you need to try all the above before making/ drawing your own conclusions. I think maybe I should let you grind on this one for a week or two! No? The answer … (2 comments)

ut: How did we do in October 2007? - 11/07/07 07:35 PM
Well, Halloween is over and November moving fast. We are already on the 5th day of November. Time passed so quickly these days, I wanted to give you an updated on the General Real Estate Market in your area. These areas include Utah counties: Salt Lake, Utah, Davis, Weber, and Tooele.
As of late, this market has seen incredible increases of homes for sale. There are approx. 17,645 homes for sale (These numbers reflect Homes that are listed on the Multiple Listing Service or MLS). There are also approx 1,300 For Sale By Owners (These numbers are getting fewer and fewer … (1 comments)

 

Jason Botelho

Saratoga Springs, UT

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Keller Williams Utah Realtors

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