DEMOLITION DAY:  Ogden IGA Building Meets Wrecking Ball

April 28, 2020 Posted by: Jeremy Peterson

  Demolition day has finally arrived. For decades, the old IGA building located at 24th and Monroe Blvd. has sat vacant and empty. While Rite Aide occupied the eastern section of the structure with a sweetheart lease, the vast remaining portion has haunted the lot as wasted space.   Recently, the property was acquired and prepared in anticipation of future development at the site. The area is slated for mixed used development with a combination of residential and commercial spaces. When finished the development will be enormous is size as […]

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Posted In: Real Estate News

VIDEO: Northern Utah Real Estate Market Update – April 2020 – Market In Transition

April 6, 2020 Posted by: Jeremy Peterson

Here is the latest regarding that state of things in the Northern Utah Real Estate market.

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Posted In: Uncategorized

VIDEO SERIES:  Ultimate House Clean Out – Ep. 8 thru 16

Posted by: Jeremy Peterson

If you enjoyed the first eight episodes of our ultimate house clean out, you will thoroughly enjoy the next eight as we move on from the yard and dive into the house.  Zaniness abounds!

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Posted In: Uncategorized

FOR SALE: Historic W.G. Biddle House

Posted by: Jeremy Peterson

We just listed this amazing example of historic Queen Anne Victorian architecture located at 2447 Monroe Blvd. in Ogden, Utah.  The home was built in 1899 by W.G. and Elizabeth Biddle.  Both were handcart pioneers who homesteaded in Utah after relocating from England.  They constructed the home in the later years of their life. The home is currently configured as a duplex but would make a very easy conversion back to a single family residence.  The home sits on an impressive .2 acres city lot across the street from up-and-coming […]

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Posted In: New Lisitngs

OGDEN RISING: New Historic 25th Street Massive Mixed-Use Development

Posted by: Jeremy Peterson

It has been over 10 years since a major project has been proposed for development along Ogden’s iconic Historic 25th Street. In 2008, a simmering back room political feud burst into the open public with the Ogden City Council delivering a fatal blow to the Windsor Hotel redevelopment project.  Fortunately, those contentious days are mostly behind us and another generation of developers wants to take a crack at adding to 25th Street’s persona.     The lot in question is 144 E. 25th Street.   It has sat vacant for many […]

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Posted In: Real Estate News

Courtyard Inn Motel Now a Crater

March 16, 2020 Posted by: Jeremy Peterson

Ogden’s steady turn around continues as perennial problems are neutralized and removed from the community.  A recent example is the Courtyard Motel located at the intersection of 25th Streets and Ogden Ave.  This motel was constructed sometime mid-century and attached itself like a parasite to the back of the much more dignified Bigelow Hotel. After Ogden’s economy tanked in the late 1950’s this motel served as a haven for criminal elements of the community.  In 2017, Ogden City Council approved its acquisition and plans for demolition. However, demolition efforts were […]

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Posted In: Real Estate News

JUST SOLD! Historic Trolley District Duplex

February 26, 2020 Posted by: Jeremy Peterson

We just closed on the sale of this quaint duplex located at 2072 Orchard Ave. in Ogden.  The building was constructed in 1910 and had received a major renovation from the owner in the past year.  We managed the property for the past year and the owner decided it was time to trade up to some different property.   We listed the property for $204,900 on New Year’s Eve.  After numerous showings and some lowball cash offers, we received an offer of $199,900 while the buyers asked for $4,000 in […]

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Posted In: Sold Listing

CHARTS: House Listing Inventory Drought Is Sellers’ Delight

February 24, 2020 Posted by: Jeremy Peterson

Listing inventory of homes for sale has been a persistent problem for buyers over the past several years.  While the pattern of available homes follows a predictable seasonal cycle that troughs in the winter and peaks in the summer, some years are better or worse than others.   Today we want to look at a chart that illustrates the severe drought we are facing in Weber County when it comes to homes on the market for sale.  Let’s take a look.     This information comes from the MLS and […]

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Posted In: Research

FORECLOSURE AUCTION UTAH: Ogden Real Estate Goes Back to Bank

February 21, 2020 Posted by: Jeremy Peterson

A foreclosure auction is not something we hear much about in the current real estate climate.  However, recently a local real estate investor has been making big bets with other people’s money.  It appears some of those bets are not paying off as planned and the lender could only tolerate non-payment for so long.  We attended the recent foreclosure auction of two properties up for grabs:  529 30th St. and 2072 Monroe Blvd.     You can watch the fun as the bidding starts at $40,000 for each property.  Ironically, […]

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Posted In: Real Estate News

DEMOLITION DAY:  Clearing Clutter

February 18, 2020 Posted by: Jeremy Peterson

Ogden’s downtown neighborhoods are a scene of constant improvement.  Along with new construction, renovations, and restorations, Ogden’s Trolley District area east of Washington Blvd. is blooming.     With past week the mechanized-arm-of-death arrived to raze a home in anticipation of future development.  This particular home was a sad place.  Due to some recurring lapses in judgement, the previous owner was compelled to accept taxpayer-funded housing in Draper for the next several decades.  Meanwhile, the home wasted away and became a nuisance to the neighborhood.  The home came up for […]

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Posted In: Real Estate News

OGDEN BOOM:  Massive 17th Street Townhome Development

February 14, 2020 Posted by: Jeremy Peterson

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 […]

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Posted In: Real Estate News

2020 Utah Housing Market Forecast

January 27, 2020 Posted by: Jeremy Peterson

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 […]

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Posted In: Research

JUST SOLD!  Ogden Victorian Era Renovated Cottage

January 10, 2020 Posted by: Jeremy Peterson

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 […]

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Posted In: Sold Listing

JUST SOLD! Roy Mid-Century Rambler

Posted by: Jeremy Peterson

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 […]

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Posted In: Sold Listing

UNDER NEW MANAGEMENT: North Ogden Rambler

Posted by: Jeremy Peterson

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.  

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Posted In: Property Management

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