JUST SOLD! Classic 1920’s Brick Bungalow

August 13, 2016 Posted by: Jeremy Peterson

I recently closed on the sale of this great property located in Ogden.  We originally listed this property for sale in early May for $124,900.  We received three offers immediately and placed the home under contract.  Unfortunately, the offer we accepted was placed by some buyers who were not familiar with older homes.  They withdrew their offer a few days after we accepted it.  We immediately turned to a backup offer and accepted that.  Likewise, these buyers had never seen the property before.  They withdrew a few days after we […]

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Posted In: Sold Listing

PHOTO GALLERY:  Wacky Scenes From The Housing Market – July 2016

July 28, 2016 Posted by: Jeremy Peterson

Shopping for homes with my clients is often an adventure.  Here are some memories you will enjoy: When an immovable object meets an irresistible force. Which came first?  The tree?  Or the garage?   When you rent your home to the Incredible Hulk.   This has lazy written all over it.  Too lazy to texture the sheetrock seams so they just nailed up trim strips to cover them.  Then too lazy to tape off the trim so they just sprayed popcorn texture all over it.  Ugh!   Now that is […]

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UNDER NEW MANAGEMENT: 586 28th St.

July 19, 2016 Posted by: Jeremy Peterson

We recently took over management for this historic 7-plex located in Ogden.  The building comes to us in a state of transition between tenants.  One unit will need renovations before it is able to be leased.  Another unit needs cleaning before we have it ready for market.  There are also a couple deadbeat tenants that will need to be ‘handled’. As part of our turn around effort at the building, we will be focusing on improving the existing landscaping with a sprinkler system and flowers.  We will also be looking […]

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Posted In: Property Management

DIZZY:  Market Charts Show Real Estate’s Extreme Altitude

July 11, 2016 Posted by: Jeremy Peterson

The real estate market has been on an unprecedented run this year.  A surging local job market combined with limited inventory has pushed all of the normal market dynamics to extreme territory.  Buyers know this as homes they pursue are snatched up before they can even submit an offer.  Sellers know this because they are smiling all the way to the bank.  The anecdotes are compelling but the charts really tell the story.  Lets take a look at a few: First, lets take a look at what residential real estate values […]

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Posted In: Research

How to Clean and Rejuvenate Wood Casings and Trim

June 23, 2016 Posted by: Jeremy Peterson

We live in a 108 year old home and have been working steadily on improving and restoring our home to its former splendor.  We have recently repainted much of our home in historic colors and one of the last things we have left to do is restore the wood casings and baseboards. Until now, it  has been a bit of a mystery to us on how to bring the trim work back to life.  Our casings are made of Douglas fir and the wood is rather soft.  We have been […]

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Posted In: Miscellaneous

FOR SALE:  Ogden Residential Lot – Seller Finance

June 22, 2016 Posted by: Jeremy Peterson

  I just listed this lot for sale at 355 Parry St. in Downtown Ogden.  It is located just over a block from the Ogden River Parkway and sits in a neighborhood that is beginning to gentrify. The lot is .10 acres and is just a stone’s throw from Washington Blvd.  The city has it zoned R-1-6 for single family dwellings.  It is possible to building a home on this lot with the right design. The seller is offering terms, so if you are interested in this property, CONTACT ME, […]

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Posted In: New Lisitngs

JUST SOLD! 3 Bed 1 Bath Northern Ogden Home

June 17, 2016 Posted by: Jeremy Peterson

I just closed on the sale of this listing for a client.  This home is located at 1165 N. 430 E. in northern Ogden.  The sale of this home is an excellent case study in the ongoing surge in house prices in Weber County.  When I first visited with my client, it was early in the Spring sales cycle and there were fewer comparable sales available to help determine a price.  Based on the best information available, we figured this 1,400 SQFT home would be worth about $155,000 at that […]

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Posted In: Sold Listing

CREEPY REHAB:  When You Buy More Than You Expect

June 16, 2016 Posted by: Jeremy Peterson

While working with some buyers recently we found a home that they like which had recently been renovated.  When we viewed the home, there were various tools scattered about the residence and we knew that they weren’t completely done with the work.  We wrote an offer and asked the seller to make some final repairs to the building.  We thought that the seller had hired crews that came in periodically to do the work. Well, it turns out we were wrong.  The “crews” actually lived on site.  Not in the […]

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JUST SOLD!  Ogden East Bench Bungalow on Quarter Acre

Posted by: Jeremy Peterson

I just closed on the sale of this listing on Ogden’s East Bench.  When I listed this home initially, my crew of handymen we were finishing up some repairs of the home for the seller.  The home had been used as a rental property and needed some sprucing in order to be prepared for market.  We put the home up on the MLS on a Friday evening (list price of $154,900) and instructed everyone that showings would begin at 6pm Monday evening once the crews had finished cleaning up their […]

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Posted In: Sold Listing

JUST SOLD!  Impeccable Harrisville Trilevel

Posted by: Jeremy Peterson

  I just closed on the sale of this nicely appointed home in Harrisville with a buyer referred to me by a loan officer friend.  The home is 1894 SQFT and was listed for $239,000 on the 30th of April.  We viewed the home on the 9th of May and submitted an offer that same day.  We didn’t want to hesitate given the competitive nature of buyers in the market right now. We offered full list price and asked for $7,100 in seller paid closing costs.  The sellers immediately accepted our […]

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Posted In: Sold Listing

June 8, 2016 Posted by: Jeremy Peterson

The housing market is experiencing a dynamic that is off the charts.  Inventory is so low that the days that a home sits on market has reached record low levels.  The most recent reading is that homes sit on the market an average of only 10 days in Weber County (look for charts and analysis in another post to come). These circumstances are putting tremendous upward pressure on house prices.  Several of my recent listings began immediately with bidding wars.  For a seller this is certainly a good thing.  However, it […]

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Posted In: Real Estate News

FOR SALE:  Updated Historic Ogden Cottage

June 2, 2016 Posted by: Jeremy Peterson

I just listed this amazing property for sale in Ogden’s Historic Trolley District neighborhood.  The home has been completely refurbished which includes stunning kitchen and bathroom upgrades.  The home is 3 beds and 2 baths on a .13 acre lot.  It has about 1400 SQFT with very efficient use of space.  The back yard is fully fenced and New Bridge Elementary, worship centers, parks, hiking trails, and more are just walking distance away. The upgrades to the home compliment the historic qualities of the home including its original window casings and […]

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Posted In: New Lisitngs

FOR SALE:  Classic 1920’s Brick Bungalow

May 20, 2016 Posted by: Jeremy Peterson

I recently listed this classy brick bungalow for sale located at 856 Kershaw St. in Ogden, Utah. The home was constructed in 1921 and fashioned in the classic brick bungalow style which was popular in its era.  This particular home has over 2120 SQFT split evenly between the main level and basement spaces.  The space boasts five bedrooms and two bathrooms. The basement is mostly finished with an unfinished storage area.  The property has been updated recently with a new water heater, Lennox furnace, new roof, and other improvements. The […]

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Posted In: New Lisitngs

FOR SALE:  3 Bed 1 Bath Northern Ogden Home

May 5, 2016 Posted by: Jeremy Peterson

I just listed this well cared for split-entry style home located in the north end of Ogden.  Located at 1165 N. 430 E, this home comes with great mountain views and is very close to shopping, restaurants, and amenities.  The home sits on a .18 acre fenced lot with a well cared for yard and lots of room to run around.  The home was constructed in 2002 and has unfinished space in the basement that can be adapted to bedroom or living space.  There is also access to the backyard […]

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Posted In: New Lisitngs

PHOTO GALLERY:  Wacky Scenes From the Housing Market – April 2016

April 30, 2016 Posted by: Jeremy Peterson

While viewing many homes so far this year, I have seen a lot of interesting things.  I think you will find a few of them interesting too.   This is a view of a rental unit after a tenant moved out.  At least this tenant left their trash organized in a pile on one side of the room.  It was also thoughtful of them to leave the window open to air out the space…in March…with the furnace turned all the way up…for a week. For a St. Patrick’s Day celebration, […]

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