Ogden will soon see a boost in housing stock as Westates Companies has recently purchased the old Staker Parsons lot located at the corner of 17th Street and Wall Ave. for townhome development.  The lot is 9.5 acres and will host a total of 166 housing units. The mix of buildings constructed on the site will vary between three 30-unit apartment buildings, eleven 6-plex townhouse buildings, and two 5-plex structures of the same variety. Each of the townhomes will have a 2 car attached garage while the rest of the […]

Last year the University of Utah’s Kem C. Gardner Policy Institute made some predictions about the direction of the housing market.  Meanwhile, we made our own.   Here is how things turned out:   2019 Predictions: Weber County House Prices KGPI : +10% Vesta:  +3% What Actually Happened: +10.1%   Sales Volume KGPI: +4% Vesta: -5% What Actually Happened:  +1.5%   Last year we thought that increasing interest rates would put a sag into sales and cap prices somewhat.  Our predictions failed as interest rates surprisingly dropped back to historic lows.   This year the housing […]

We just closed on the purchase of this attractive Victorian era gem located in Ogden’s Historic Trolley District neighborhood.  The home was constructed in 1898 just after Utah Statehood.  Located at 2336 Jackson Ave, it is situated close to Ogden’s urban core while still retaining a quiet neighborhood feel. The home is 1620 SQFT with 3 bedrooms and 2 bathrooms.   As you will see in these photos, the home has been extensively updated.  The listing agent posted the home for sale on November 23rd for $219,000.  On December 4th the price dropped […]

We just closed on the sale of this vintage rambler located at 5027 S. 2125 W. in Roy.  We listed this property for sale on the 23rd of November for $234,900 and immediately had interested buyers making offers.  The property has had one owner since 1959 and the home, while clean, needed some upgrades.   Our first offer was from an agent representing an investor.  Sloppily, the agent emailed the offer but didn’t call or text us that he had sent it.  His client offered $174,000 in cash.  Hilariously, the agent included a pre-qualification […]

We recently took over management of this rambler home located at 625 E. 2750 N. in North Ogden.   The home is spacious with 2300 SQFT to fill. It hosts 3 bedrooms and 2 full bathrooms with amble additional storage and living space.  While built in 1977, the home has had extensive recent upgrades.     The home has a fully fenced yard and an immaculate garage. If you are interested in learning more about this rental property, CONTACT ME for details.  

We just listed this quaint duplex property located at 2072 Orchard Ave. in Ogden, Utah.  The property is situated just yards from New Bridge Elementary School and is walking distance to Downtown Ogden’s shopping, entertainment, and amenities.  Worship centers are close by as well as the Ogden River Parkway.   The duplex is configured in an up and down format with each unit hosting two bedrooms and one bath.  A detached two car garage provides ample storage or parking.  There is additional uncovered parking in the rear of the building […]

We just closed on the sale of this duplex located at 902 Sullivan Rd. in Ogden.  The building is 2,100 SQFT configured in an up and down format.  The building was listed for $275,000 in early September and went in and out of contract twice before my clients showed an interest in the property.  When we viewed the property it had just come out of contract with another buyer and the agent had to schedule a time with the tenants for multiple agents to show it on the same day. […]

We recently purchased an investment property which has turned into the ultimate house clean out. The home was sold in a hurry to avoid city abatement of the yard’s monumental trash problem. We told the city we would handle it. Prepare to have your mind blown as we put you in our shoes while we cure this epic problem.   p;            

We just listed this spacious mid-century rambler in east Roy.  Located at 5027 S. 2125 W., the home is just a block’s walk to Lakeview Elementary School and just a short drive to amenities, entertainment, and Hill Air Force Base.  The home boasts over 2300 SQFT with 3 Beds and 1.5 bathrooms.  The full unfinished basement is ready for your ideas and build-out.  There is a one car garage for storage and parking.  The original hardwood floors are pristine.  Watch the video below: If you are interested in a private showing, CONTACT ME, […]

The Swift Building, one of Ogden’s last great dilapidated icons from yesteryear, has sat untouched as a toxic waste hoarder’s paradise for decades.  But, recent efforts by Ogden City and the EPA to clean up the bloated stockpiles of carcinogenic goo have yielded great results.  It was announced recently that the almost 100,000 canisters of chemical mischief housed in the building have been purged from the premises.  Its a good day for the property.   With the liability of hazardous waste now gone, developers have started taking a keen eye to the property […]

Broker Jeremy Peterson tours a recent tenant eviction and discusses how to avoid bad tenants and choose good property managers. Learn what questions to ask when interviewing a property manager for your property. If you are looking for a property manager for your property, CONTACT ME, and let’s discuss how we can make owning income property an easy experience for you.

Watch as we discuss the strange happenings in Northern Utah’s real estate market as mortgage payments are falling faster than house prices are rising. Charts included!    

Interesting news from the real estate investor universe as Cottonwood Heights based company Zurixx LLC has been slapped with federal and state charges.  According to the formal complaint to the courts, the company over promised and under delivered on its pledge to make its clients rich with little or no effort on their part.  Oops. According to the complaint, the company would use HGTV and A&E stars as spokespersons to lure people to their “free” seminars.  At the seminar, they would supposedly learn nothing but instead be invited to spend $2,000 on a […]

Weber County home sales growth is a good measure of how the real estate market is performing locally.  For Realtors, this measurement dictates whether being in the business is easy or hard.  During periods of sales growth, agents enjoy a bountiful harvest of sales until word gets out about how easy it is and new agents join the ranks to take their share of the crop.  When sales are shrinking (usually after a period of growth) agents joust with each other for business and work overtime in order to make […]

Presently, I sit as the Chair of the Community and Economic Development Citizen Advisory Committee that offers community input for how Ogden City uses a $1M block grant it receives from the U.S. Department of Housing and Urban Development (HUD).  In many ways, our input is limited because HUD has very rigorous and detailed rules for how the money can be spent by the city.  Despite this though, we are able to provide input on emphasis and proportion.   Today’s meeting became very interesting as statistics were shared with us about poverty, affordable housing, subsidized housing, and […]