FLIP OR FLOP: Frothy Market Madness

July 19, 2017 Posted by: Jeremy Peterson

The dramatic increase in house prices over the past five years is something we haven’t seen since the 1990’s.  This remarkable momentum upward has created expectations in the minds of real estate investors of big returns with minimal effort.   A recent example comes from an owner who purchased a home I listed last year.  That transaction closed in November for $137,000.  After just eight months, the new owner wanted to sell the property and break even on the sale.  In order to do that we would need to account […]

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Posted In: Miscellaneous

FOR SALE: Renovated 1920’s Ogden Bungalow

July 10, 2017 Posted by: Jeremy Peterson

We just listed this cute 1921 bungalow for sale at 3460 Grant Ave. in Ogden.  The home is quaint with 4 bedrooms and a freshly updated bathroom.  The kitchen has been completely renovated with new cabinets and granite countertops. The home is about 1500 SQFT divided between the main level and a basement.  Utilities, storage, and laundry can be found in the basement. Here is a video of the home. If you are interested in viewing this property, CONTACT ME, and lets set up a time for you to see […]

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Posted In: New Lisitngs

JUST SOLD! Bungalow Neighborhood Lot

July 7, 2017 Posted by: Jeremy Peterson

We just closed on the sale of this lot located at 2809 Jackson Ave. in Ogden.  The lot was listed in January of this year for $19,000.  It sat on the market through June until a client contacted us with some interest in it.  We offered full price with cash and the seller accepted the offer.   The buyer utilized a real estate IRA which required some additional time to process.  However, the process went very smoothly and we were able to close early.  The buyer is now exploring constructing […]

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Posted In: Uncategorized

JUST SOLD! Historic Ogden Victorian

Posted by: Jeremy Peterson

We just closed on the sale of this amazing historic Victorian home located at 2002 Jackson Ave. in Ogden.  The property was listed May 9th for $264,900.  Our clients had recently renovated the property with top of the line finishes.  We wanted to test the market and see where buyer’s interest level was at a superior price point.   We immediately had several showings and the promise of an offer.  However, the offer never materialized.  After a week, the sellers felt we were a bit too aggressive on our list […]

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Posted In: Sold Listing

JUST SOLD!  Eccles Historic District Duplex

Posted by: Jeremy Peterson

I just closed on the sale of this historic property located at 2561 Van Buren Ave. in the coveted Eccles Historic District neighborhood of Ogden.  The duplex was listed on May 16 for $164,900.  The property was listed with instructions for buyers to make an offer subject to inspection due to the presence of tenants.  Around the end of May two offers came in at the same time.  One was an agent looking for an investment property for himself and the other was  an owner occupant.  After a round of […]

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Posted In: Sold Listing

FOR SALE:  Classic Craftsman Era Home

June 13, 2017 Posted by: Jeremy Peterson

I just listed this amazing craftsman home for sale.  Built in 1912, this home saw its young adult residents serve in World War I.  The home is rich in history and charm.  The original woodwork is preserved throughout the home.  A cozy fireplace adorns the living room.  Plus the home has central AC, stainless steel appliances, light fixtures, and fresh paint. The floorplan is spacious with over 2800 SQFT split between the main level and an unfinished basement of the same size.  County records report a lot size of .20 acres. […]

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Posted In: New Lisitngs

The Secret of Friendly Evictions

June 10, 2017 Posted by: Jeremy Peterson

  Performing evictions is one of the necessary duties of a property manager.  For many landlords, this is the most gut-wrenching part of the job.  To invoke the law to forcibly remove a person from a property can become a very adversarial experience if handled improperly.   Fortunately, for our property management business, evictions are a rare thing.  However, they do sometimes occur and typically with existing tenants of a property that we begin managing.  Most of the time, owners hire us to handle this unpleasant part of the job […]

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Posted In: Property Management

Historic Home Remodeling: Preserving and Re-Coating Old Porch Decking

Posted by: Jeremy Peterson

Our 110 year-old home has an enormous front porch that is great for enjoying summer evenings outside.  It has been painted several times over the decades and by the time we purchased the home, the surface was downright distressed.  Recently, we set out to protect and preserve the surface for years to come. We have spent a lot of time and energy on other parts of the house.  I took to priming the porch a couple of times in anticipation of finishing the deck surface but we never got around […]

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Posted In: Miscellaneous

FOR SALE: Historic Victorian Cottage

May 23, 2017 Posted by: Jeremy Peterson

  I just listed this classic brick Victorian Era cottage located next to the coveted Jefferson Historic District in Ogden.  The home was constructed around 1907 and has over 1500 SQFT on the main level of the home. The interior boasts original woodwork, fireplace, decorative lead glass, tall ceilings, and recently refinished fir floors.  There are 3 beds and 1 bath in the home. The kitchen and bath have both been updated recently.  Both spaces have travertine floors. The property is located at 2516 Orchard Ave. across the street from […]

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Posted In: New Lisitngs

FOR SALE:  Eccles Historic District Duplex

May 19, 2017 Posted by: Jeremy Peterson

  I just listed this classic Craftsman home that sits in the highly coveted Eccles Historic District neighborhood. Found at 2561 Van Buren Ave., this home was subdivided into a duplex some time in the 1920’s. It has original craftsman era features with some art deco and mission stylings that adorn the improvements made during the subdivision of the home.  It has  a lot of original woodwork, a fireplace, hardwood floors, a private back yard, and 2 car garage. The home could easily be converted back to a single family […]

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Posted In: New Lisitngs

Historic Home Remodeling:  Our Craftsman Master Bathroom

May 17, 2017 Posted by: Jeremy Peterson

Remodeling a home is tough but rewarding work.  Our most recent example is the conversion of the original bathroom of our historic  home into a master bath for our bedroom. When our home was built in 1908, the designers included only one bathroom on the main floor.   We did a quick and simple rehab of the bathroom when we purchased the home 12 years ago and it was time for us to do some updates.  So, we got to work with a plan. The bedroom had a long closet […]

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Posted In: Miscellaneous

FOR SALE:  Historic Ogden Victorian

May 10, 2017 Posted by: Jeremy Peterson

I just listed this amazing historic Victorian home located at 2002 Jackson Ave. in Ogden Utah.  Constructed in the late 1880’s, this solid brick two-story homestead was built by Confederate Army Veteran and Civil War survivor Henry E. Steele.  He obtained the land to build the home from the U.S. Land Office in 1883 via a land patent. The home was recently renovated and boasts an amazing kitchen, hidden pantry, updated bathrooms, central air, two tone paint, updated plumbing, a new roof and more.  This is a must see for […]

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Posted In: Uncategorized

JUST SOLD! Cute Ogden Cottage

April 22, 2017 Posted by: Jeremy Peterson

  We just closed on the sale of this cute vintage cottage in Ogden, Utah.  The owner of this home had occupied it at one time but rented it out after being transferred out of state. Originally listed in November 2016 for $90,000, the plan was to sell the property with the tenant in place and have them vacate after the property went under contract.  Supposedly, the tenants were on board with this plan. Unfortunately, the tenants changed their mind.  Once we received an offer and placed the home under […]

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Posted In: Sold Listing

Real Estate Market Top 2017

April 17, 2017 Posted by: Jeremy Peterson

  The seller’s market has had a long run and may not be over.  But, if we look at the signs, a change may be just around the corner.   Let’s take a look at house prices in Weber County over the past 20 years:   What you see here is pretty obvious.  House prices have far exceeded their 2007 peak from the real estate bubble years.  That may sound scary at first, but when you consider that everyone that has been buying a home since then has had a […]

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Posted In: Research

High Adventure Ogden: Snow Climbing Mt. Ogden Peak

Posted by: Jeremy Peterson

One of Ogden’s greatest assets is its amazing recreational opportunities.  The trail system that crisscrosses the mountain side provides abundant opportunities for someone looking for anything from a quick jaunt outdoors to a high adventure experience. Recently, I took the high adventure route with some friends as we attempted to summit Mt. Ogden.  Our adventure began at the trail head at the top of 27th St.  We got an early start at 6am when temperatures were just above freezing. The first leg of our trip took us up the ever-popular Malan’s […]

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Posted In: Outdoors

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