We just closed on the sale of this amazing historic home we listed in May.  After six months of heavy renovation the owners asked us to list this property on May 22nd.  Our original list price was $274,900.  Within several days we had received two offers.  The first was for $280,500 and the other was for $300,000.  The agent representing the buyer that offered $300,000 was confident and bold in his presentation.  Their offer also included $5,000 in earnest money and a very short seven day due diligence period. Unfortunately, […]

We just listed this unique income property located in the heart of Ogden’s historic downtown neighborhood.  Located at 739 24th Street, this property includes two buildings on one lot.   At the rear of the property is a Victorian style cottage that has three bedrooms and one bath.  The building presently rents for $695/mo. The front building is a triplex structure with two units on the main level and one loft apartment upstairs.  The loft rents for $325 and the main units are $450 and $465 respectively. Our company has […]

We recently closed on the sale of this cute bungalow property located at 2207 Jefferson Ave.  This 2 bedroom 1 bath home has been a rental property for the past eight years.  The interior boasts original woodwork and some unique and stylish upgrades made by the owner.  However, the home also has some unique color schemes that don’t align with contemporary tastes. The home was initially listed for $139,900.  The seller received several offers and asked all buyers to submit their highest and best offer.  Our buyer wanted to guarantee […]

We just closed on the sale of this brick duplex located in the northern reaches of Ogden City.  Located at 126 N. Harrison Blvd., this property has been under our management since January of 2016.  The owner was referred to us for management services by another Realtor.  Our client decided it was time to sell and their Realtor reached out to us to organize a game plan.  The property was listed at $199,900. It also happened to be that we had our own buyer who was looking for a property […]

Rents are going up in Northern Utah. But, are you setting rents for your rental property too high? Too low? How do you find the sweet spot? I walk you through the tight wire balancing act that property managers perform every day and give you some pointers.      

I just listed this quaint building lot located in the southeast quadrant of the Ogden’s historic Trolley District neighborhood (aka East Central Bench Historic District).  The lot, located at 2809 Jackson Ave.,  is .11 acres and sits between two existing homes.  The rear of the lot is accessible via a maintained abuttars alley from 28th Street. The neighborhood has seen a tremendous amount of gentrification over the past several years.   If you are interested in a rare building lot in one of Ogden’s great historic neighborhoods, CONTACT ME, and […]

We just closed on the sale of this interesting duplex property located in Ogden.  The property is located at 361 Franklin St. and is a side by side duplex.  The building is large with each unit getting half of the building’s 2500 livable SQFT.  The units are unique with a very large bedroom on the main level and a substandard bedroom in the basement.  The building also needs substantial attention paid to deferred maintenance.   After doing some market analysis, inspecting the property, and talking with the seller, we determined […]

May turned out to be a very interesting month with Northern Utah real estate values declining in Spring in a meaningful way for the first time in 7 years.  Learn more about what is happening in the market and why things might be changing in the future.  

We just listed this amazing historic home located at 2255 Jefferson Ave. in Ogden, Utah.  The home is 3860 SQFT, has 6 beds, 2 and 3/4 bath and located close to all the great amenities, entertainment, and recreation that Ogden has to offer.  The video is a MUST SEE.  There are too many good things about this home to list here. Go ahead and take a look for yourself.   If you are looking to purchase a home in the Ogden area, CONTACT ME, and let’s see if this amazing […]

A buyer’s worst nightmare is the prospect of purchasing a home that has hidden damages.  We witnessed this as the owner of a newly purchased home asked us to manage their property for them.  As they made some home improvements, they discovered that not everything was as it seemed at the surface.  Here is a must watch video that every potential home buyer needs to watch before they start shopping for a home.   If you are thinking of buying a home in the Ogden area, CONTACT ME, and let’s […]

House Prices have been increasing dramatically for a long time now.  Many people are asking when things will change.  I took a deep dive into the market data and came up with some surprising answers.  Check out the video and see if you agree with me on why and when I think a change in our current market dynamics will occur.  

Many of Ogden’s homes are receiving a much needed make over.  I thought we would take a moment to showcase a this Victorian home as a prime example of the great work going on in the neighborhoods to gentrify and revitalize some tired homes.   Enjoy this video of 2524 Madison Ave. that was completely remade on the interior in 2015.     The story behind this home is full of twists and turns.  It was purchased by a local investor in the mid 1990’s who held on to it […]

We were recently hired as new management of a unique 8-plex property.  The building is located in the heart of downtown Ogden’s Trolley District neighborhood.  This art deco gem was recently remodeled by the owner.  The work included ripping the roof off and gutting the property down to the studs and more.  Hence, the property has been completely rebuilt and produces top market rents for units of similar size.     Each unit is 1 bedroom 1 bath and about 550 SQFT a piece.  The owners have recently made some […]

While house prices have increased a solid 10%-15% for the past three years in a row, rents have been lagging behind.  But, recently it appears that rents are starting to feel the pressure that house prices have been feeling for some time.   During the past several years, rents have only increased about 5% per year on average.  Let’s keep in mind that lower quality units increased very little and the top quality units could justify bigger increases.  Right now, though, it appears that rent pressures are affecting all units […]

As an experienced real estate investor and real estate broker, the current flip frenzy going on in our market has caused me to worry.  As a proud survivor of the Great Recession (i.e. Great Housing Depression of 2008-2012)  today’s market activity is giving me flashbacks to the crazed buying fever that dominated 2007.   While today’s market is fundamentally much healthier and less risky than it was in 2007,  there are some unhealthy aspects of today’s market that threaten buyers particularly.  The issue at the forefront of my mind right […]