JUST SOLD! 4 Bed 3 Bath Layton Two Story Home

August 21, 2019 Posted by: Jeremy Peterson

We just closed on the purchase of this remarkable home located at 1586 N. 150 E. in Layton.  The home is 3,200 SQFT and hosts 4 bedrooms and 3 bathrooms with an unfinished basement.  The home came on the market July 11th and we viewed the property that same day.  We submitted an offer that afternoon.     We were part of a multiple offer situation.  The listing agent professionally handled the scrum and ultimately her client chose to engage with us in a purchase contract.  We had offered $374,900.     […]

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Posted In: Sold Listing

JUST SOLD! 3 Bed 3 Bath North Salt Lake Villa

Posted by: Jeremy Peterson

We just closed on the sale of this listing located at 919 W Stonehaven in the Foxoboro subdivision of North Salt Lake.  The property was placed on the market with an advertised price of $349,900.  We listed this property on the 15th of July and had 7 showings within 24 hours.  We received two offers.  Our first offer was $355,400 with the buyer requesting $5,400 in closing cost assistance.  Our clients accepted.   After inspections, an additional $1,000 in concessions was negotiated.  The appraisal came in at value and we closed early […]

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Posted In: Sold Listing

VIDEO: A Better Way to Flip Homes In Ogden

August 20, 2019 Posted by: Jeremy Peterson

If you are going to flip homes, plan on using good business skills and vision.  Sometimes though, a finely tuned flip machine can run roughshod over a home’s character.  I recently visited a home for sale that one of my clients renovated and sold 10 years ago.  The differences between the house then and now are shocking.  Here is a video of before and after photos with my commentary on what to do and what not to do when flipping a home in Ogden. If you are thinking about getting […]

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Posted In: Uncategorized

JUST SOLD! 3 Bed 2 Bath Ogden Cottage

August 9, 2019 Posted by: Jeremy Peterson

We just closed on the sale of this listing located at 442 Harrop St. in Ogden.  After two months of renovation and updates, we listed this home on June 21st for $199,900.  We immediately has an avalanche of showings and put the home under contract several days later. Unfortunately, the buyers worked in Salt Lake City and realized that the commute time from this Ogden location was going to be too much for their lifestyle.  So, before they could even complete their inspections, they terminated the contract.  We placed the home back […]

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Posted In: Sold Listing

JUST SOLD! Historic Ogden Craftsman Cottage

July 23, 2019 Posted by: Jeremy Peterson

We recently closed with our clients on the purchase of this amazing home located at 1143 Capitol St. in Ogden.  This remarkable home sits snuggly in a block of similar bungalow homes built early at the turn of the 20th century. The home is 1720 SQFT with 1296 SQFT on the main level and the remainder in the basement. The home has all the finishes you could want in a home constructed in this era. We placed an offer on the home the first day it came on the market.  It was listed […]

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Posted In: Sold Listing

FOR SALE: 3 Bed 3 Bath North Salt Lake Villa

July 15, 2019 Posted by: Jeremy Peterson

We just listed this cute home located at 919 W Stonehaven Dr. in the Foxoboro subdivision of North Salt Lake.  Located 15 minutes from downtown Salt Lake City, this home makes for an easy commute to Utah’s biggest jobs market.  The home was constructed in 2015 and has 3 beds and 3 baths.  A two car garage provides room for your vehicles.   The home has also had some custom upgrades like unique vintage lighting and wainscoting on the walls.  At 1862 SQFT, the home provides enough space to relax […]

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Posted In: New Lisitngs

JUST SOLD! Ogden Mid-Century Duplex

July 9, 2019 Posted by: Jeremy Peterson

We just closed on the sale of duplex property located at 117 N. Adams Ave. in Ogden.  The building was listed on June 17th for $210,000.  It comprises two side-by-side units constructed in 1956.  The structure is situated on a hill overlooking the neighborhood.  Our client was using cash to purchase this property and made an offer of $200,000.  However, our inspections revealed a serious sewer line problem at the site.  Our client felt equipped to handle the problem and make the necessary repairs. So we renegotiated the price to $195,000, which the seller […]

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Posted In: Sold Listing

JUST SOLD! 3 Bed 1 Bath Ogden Cottage

July 1, 2019 Posted by: Jeremy Peterson

We just closed on the sale of this cute cottage located at 2122 Jefferson Ave. in Ogden, Utah.  The home was listed for $174,900 on May 13th and immediately had interest from many agents and buyers.  We had seven showings on the first day and received several offers.  The offers varied enough that we were able to choose a strong offer at $180,000 and move forward with those buyers.   This sale was unique in that the home had been updated with solar panels which added value to the home […]

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Posted In: Sold Listing

VIDEO: MY OLD HOUSE – Ep. 7 – Sheetrock, Paint, and Doors

June 22, 2019 Posted by: Jeremy Peterson

The giant basement project continues to move forward.  In this episode, check out our sheetrock installation, paint, and custom doors as the project quickly (or not so quickly) approaches completion.     If you need some pointers on how to improve your home before you get ready to sell or you simply cherish the home you are in and want to make it sing, CONTACT ME, and let’s get you pointed in the right direction.

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Posted In: Miscellaneous

FOR SALE: 3 Bed 2 Bath Ogden Cottage

Posted by: Jeremy Peterson

We just listed this cute updated cottage located at 442 Harrop St. in Ogden ,Utah.  The home has 1840 SQFT with three bedrooms and two bathrooms.  The home has an updated kitchen with white cabinets, new granite countertops, and subway tile backsplash.  The walls have fresh two tone paint and the floors have new carpeting.  Other updates have been made as well. Here is a video tour of the property:   If you are looking for a home and interested in scheduling a private showing, CONTACT ME, and let’s get […]

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Posted In: New Lisitngs

DEMOLITION DAY: Ogden River Inn Razed for Redevelopment

June 18, 2019 Posted by: Jeremy Peterson

In a day that couldn’t come soon enough for downtown Ogden, the notorious Ogden River Inn has finally seen its last days as a great assembly hall of despair and hopelessness.  Demolition crews began last week tearing the sordid building down in anticipation of redevelopment for a new Mountain America Credit Union building.   The Ogden River Inn was constructed in the late 1970’s to provide lodging for motorists traveling to the city center.  Like other establishments built for that same purpose, it steadily fell into decline and decay once […]

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Posted In: Real Estate News

HOUSE RICH: Utah Leads U.S. in Positive Home Equity

June 17, 2019 Posted by: Jeremy Peterson

    One of the perks of a real estate boom is increasing values and improving home equity.  During the Great Recession, many homeowners with mortgages saw their home’s value plummet below the balance they owed on their mortgage.  Being “upside down” on their homes led many owners to short sell or simply give up and let the bank foreclose.  In Utah, time has healed that wound and CoreLogic has come out with new figures showing just how robust Utah’s recovery has continued.   Here you can see that Utah’s […]

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Posted In: Research

Wacky Scenes from the Housing Market – June 2019

June 10, 2019 Posted by: Jeremy Peterson

Being a Realtor takes you many places many people never go.  Realtors also see many things that people never see.  Here are some of the latest sights that made us giggle…or cringe. Accessory dwellings are all the rage with affordable housing being so scarce.  This house comes with an mother-in-law apartment in a tree.   Meh.  Just another run-of-the-mill 747 accident in the neighborhood.  (Courtesy of my vacation to Universal Studios)   Is your bathroom boring you to tears? Spruce it up with vanity wallpaper.     You learn a lot […]

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Posted In: Miscellaneous

CHARTS: Interest Rates and Affordable Housing

Posted by: Jeremy Peterson

The news cycle has been filled with stories of the affordable housing problem we are experiencing here in Utah. The problem is nationwide but there are some unique features to our problems locally. First, a lack of land prevents the continued suburban sprawl that is the hallmark of the last 60 years of Utah’s development. Compounding the problem is that zoning laws in most of Utah’s small municipalities shun higher density housing projects which could alleviate the imbalance of supply and demand for housing.   Despite these macro forces creating […]

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Posted In: Research

THE HIBBS HOUSE PROJECT:  A Craftsman Restoration

May 28, 2019 Posted by: Jeremy Peterson

We recently purchased the historic Ambrose P. Hibbs home located at 2223 Adams Ave. in Ogden.  The purchase was somewhat of an accident after one of our property management clients ran into a personal hardship and even worse circumstances at the property.  Recognizing the impossible situation, we offered to purchase the home and help alleviate their burden.  They happily agreed.   At closing, we adopted a property that was a complete mess.  Fetid trash was piled high and years of neglect and abuse were glaring. The building had been used […]

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Posted In: Miscellaneous

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