VIDEO: Eviction Aftermath – Palace of Putrescense

May 9, 2022 Posted by: Jeremy Peterson

Our most recent eviction was a smelly mess.  Here is a brief video.  Be sure to scratch and sniff your screen.      

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Posted In: Property Management

JUST SOLD!  Ogden Updated Mid-Century Duplex

March 16, 2022 Posted by: Jeremy Peterson

We recently listed this duplex property in Ogden for $560,000.  The building was constructed in 1960 and has over 3500 SQFT of living space.  The side-by-side style made it a great property to manage and maintain.  One unit consisted of 3 beds and 2 baths while the other was a 4 bed 2 bath configuration.  The 3 bed unit was leased for $1,595 per month and the other unit was vacant during our listing. We had the property on the market for 3 days.  We recieved 14 offers.  Three of […]

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Posted In: Sold Listing

VIDEO: Realtor Journal – North Ogden New Construction

March 10, 2022 Posted by: Jeremy Peterson

We recently closed on the sale of this property located in a new subdivision in North Ogden.  We fought tooth and nail in the market to lock this place up and close on it.  The video tells the story… If you are looking to buy a home in Utah and need an expert agent to guide you through the market, give me a call. 801-390-1480

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Posted In: Sold Listing

OGDEN RISING: The Race for Space (to Live)

Posted by: Jeremy Peterson

With 46,000 unhoused households in Utah scouring the market for a place to live, builders have every incentive in the world to construct new housing for the clamoring masses.   Many massive projects have already broken ground and are reshaping Ogden’s cityscape.  More is on the way.  Here are a few projects recently proposed:     LIBERTY COTTAGES This project has been in the background for quite some time.  The lots were mostly assembled in 2019 and the owner recently resubmitted their application for approval.  The project proposes inserting a “tendril” […]

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Posted In: Uncategorized

VIDEO: Eviction Aftermath – The Mess Makers

March 4, 2022 Posted by: Jeremy Peterson

We recently completed the eviction of this tenant who decided not to pay rent.  There were four adults living in the home at the time.  Walk with our team as we explore what was left behind.     The owner of this property purchased it in rough condition and has been waiting for this moment to renovate the space.  If you are looking for an experienced property manager to handle your properties, give us a call and let’s make owning rental properties a better life experience for you. 801-390-1480

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Posted In: Property Management

VIDEO: Installing a New Water Main

February 28, 2022 Posted by: Jeremy Peterson

Maintaining rental property requires regular review and monthly doses of upkeep. But sometimes you have to make a repair that happens once every 70 years or so. After replacing rotting plumbing in our building, the water main failed and required a new meter box. Here is the video of our work: If you are looking for competent property managers that know how properties work and aren’t afraid to make a building better, give us a call. 801-390-1480

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Posted In: Property Management

VIDEO: Eviction Aftermath – Haste Makes Waste

Posted by: Jeremy Peterson

We recently completed the eviction of a tenant who was violating the terms of their lease and also decided not to pay rent. Here is a tour of the mess we inherited. If you a landlord and tired of dealing with situations like this, give us a call and we will handle them for you. 801-390-1480

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Posted In: Property Management

CHART: Price Increases Pop…Again!

January 26, 2022 Posted by: Jeremy Peterson

In our latest market update video we discussed the buyer panic to find housing right now.  With this sudden increase in the buyer pool, home prices are again finding their way upward as bidding wars ensue.  The chart below shows house price increases on a month-over-month basis (blue bars) and the 12-month moving moving average (black line).  While recent months have leaned toward moderation at less than 1.00%, December’s increase is dramatic by comparison:   Rising interest rates, or the threat of them, have brought demand forward.  To make matters […]

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Posted In: Research

VIDEO:  When You Know Your Galvanized Pipes Are Bad

January 22, 2022 Posted by: Jeremy Peterson

We repaired some leaks in a supply line at one of our rental properties a few months ago.  Then the tenant reported another leak….then another.  It became apparent that the plumbing lines were beginning to fail.  Installed sometime in the 1930’s, that made sense to us.  Here is what we found in preparation to replace the pipes:

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Posted In: Property Management

VIDEO: Northern Utah Real Estate Market Update – January 2022 – The Buyer Scramble

Posted by: Jeremy Peterson

Get the latest charts and graphs showing Utah’s remarkable real estate market trends.  Broker Jeremy Peterson offers a break down of current market dynamics and how buyers and sellers are adapting.  

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Posted In: Research

VIDEO: My Old House – Ep. 13 – Four Year Basement Fireplace Project Timelapse

December 27, 2021 Posted by: Jeremy Peterson

We combed through years of photos of our basement remodel project to piece together this 90 second timelapse of work.  It is amazing to think of what the space was and what it has become.  Enjoy!

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Posted In: Miscellaneous

ZECIMATED: Zillow iBuyer Program Ends in Catastrophe

November 16, 2021 Posted by: Jeremy Peterson

Zillow has a large footprint in the real estate industry.  Its recent purchase of ShowingTime, the showing schedule tool used by most local Realtors, and its prominent place as a syndicated site for MLS listings to be advertised gives it an outsized influence on market players here in Utah.   One program that many market participants have watched with consternation is Zillow’s iBuyer program.  For the past two years Zillow has not only been a conduit for market information, but made itself a market participant by purchasing homes on a […]

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Posted In: Real Estate News

FLIPPER’S FOLLY:  Painting Brick in Ogden’s Historic Neighborhoods

Posted by: Jeremy Peterson

Much ado has been made about painted brick in Ogden’s historic neighborhoods.  In recent times, out-of-area real estate investors have swarmed the city looking for fixer-upper projects. (We all get the daily I’ll Buy Your House for Cash post cards).  When these investors arrive, they often come wrapped in the flag of capitalism or libertarianism or both.  They are here to make a profit, a time honored American enterprise, and they feel nobody should infringe on that sacred right.     On its face, we all would seem to agree […]

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Posted In: Real Estate News

VIDEO: Realtor Journal – Ogden East Bench Fixer Upper

November 4, 2021 Posted by: Jeremy Peterson

We just closed on the sale of this fixer upper property on the East Bench in Ogden, Utah. The home has good bones but is going to need some work if it’s going to serve as a viable and stable rental property. Check out the walking tour and learn more about the competition to purchase this diamond in the rough.

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Posted In: Uncategorized

VIDEO: My Old House – Ep. 12 – Fireplace and Bookshelf Shellac

November 3, 2021 Posted by: Jeremy Peterson

We recently completed the finishing of the new fireplace and bookshelves in our basement project.  Here we share some of the secrets to making the finish in the basement look old yet beautiful at the same time.  A fun time lapse is included.     Happy Shellacing!  

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Posted In: Miscellaneous

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