Browsing Posts From: Uncategorized

JUST SOLD: Historic Ogden Victorian Triplex

September 14, 2020 Posted by: Jeremy Peterson

We just closed on the sale of this historic triplex property located at 336 18th Street in Ogden.  We listed the property in on August 5th for $264,900.  Total rent income for the property before expenses was $1,720 per month.  Immediately we received phone calls. Many were from out of state buyers in California who were taking real estate investment classes.  Within 48 hours, three offers were received.  The offers we received were:  $264,900, conventional financing, no concessions $227,000, hard money/cash, no concessions $280,000, conventional financing, no concessions We accepted […]

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Market Snapshot: August 2020

Posted by: Jeremy Peterson

The real estate market surge even higher in August with property values increasing an whopping 17.5% year over year and increasing at a white hot 2.1% month over month pace.  Sales volumes were up over 5% and it only took homes on the market 9 days to go under contract on average.  This is a very strong monthly report.  Utah’s unemployment rate is below 5% already which translates into a labor shortage again. If you are a thinking of selling your home, call me at 801-390-1480 and lets find out […]

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VIDEO:  Ogden Wind Event Damage and Cleanup

September 11, 2020 Posted by: Jeremy Peterson

Ogden, along with much of Davis and Salt Lake Counties, experienced an epic wind storm the day after Labor Day with 60mph gusts and mayhem that followed.  We went for a walk around the neighborhood to document some of the damage we saw and took some video during the clean up over the following days.  

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VIDEO: Northern Utah Real Estate Market Update – June 2020 – Up and Down Divergence

June 10, 2020 Posted by: Jeremy Peterson

Its been an interesting month!  Check out the wild swings as the market wrestles with current events.  

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JUST SOLD!  Quaint Ogden Project House

June 3, 2020 Posted by: Jeremy Peterson

We just closed on the sale of this vintage home located at 817 28th St. in Ogden.  The video below shows you what the house looks like today and discusses our buyer’s plans for the home.  Get property details, price information and more.     If you are looking for a project home to work on, let’s find the right home for you. Give me a call at 801-390-1480.

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VIDEO SERIES: Ultimate House Clean Out – Ep. 17 and 18

May 11, 2020 Posted by: Jeremy Peterson

The push to purge the property comes to a dramatic conclusion in these two final episodes of Ultimate House Clean Out.  See before and after video and the collapse of the meth hut.    

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VIDEO: Northern Utah Real Estate Market Update – May 2020 – A Market In Rebellion

May 6, 2020 Posted by: Jeremy Peterson

The market has performed what seems like the impossible and provided some shocking numbers.  Learn more below:    

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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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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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VIDEO SERIES: Ultimate House Clean Out – Ep. 1 thru 8

December 10, 2019 Posted by: Jeremy Peterson

We recently purchased an investment property which has turned into the ultimate house clean out. The home was sold in a hurry to avoid city abatement of the yard’s monumental trash problem. We told the city we would handle it. Prepare to have your mind blown as we put you in our shoes while we cure this epic problem.   p;            

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Poverty and the Gentrification of Ogden City

September 19, 2019 Posted by: Jeremy Peterson

Presently, I sit as the Chair of the Community and Economic Development Citizen Advisory Committee that offers community input for how Ogden City uses a $1M block grant it receives from the U.S. Department of Housing and Urban Development (HUD).  In many ways, our input is limited because HUD has very rigorous and detailed rules for how the money can be spent by the city.  Despite this though, we are able to provide input on emphasis and proportion.   Today’s meeting became very interesting as statistics were shared with us about poverty, affordable housing, subsidized housing, and […]

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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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FRANKENHOUSE:  Making Sense of a Mixed Up Monstrosity

May 6, 2019 Posted by: Jeremy Peterson

Our property management company manages a freaky property located in a formerly creepy part of Ogden City.  The property is currently used as a duplex and tenants have occupied it for years.  Recently however, the owner received a letter from the city stating that the property did not have a “legal non-conforming use” certificate.  What is that, you say?  To make a long story short, a legal non-conforming use certificate says that a property can be used for a purpose that conflicts with the zone that the property resides in.  […]

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JUST SOLD!  Ogden Mid-Century Cottage

November 1, 2018 Posted by: Jeremy Peterson

We just closed on the sale of this property located at 2374 Eccles Ave. in Ogden.   The home was listed on the market for $184,900 on in early August.  In mid-August the price was dropped to $180,900.   Our clients took some interest in the property as they were looking for a rental property to fit into their portfolio.  After viewing the home, we felt that it would be an excellent fit for what our buyers were hoping to accomplish. We placed an offer of $180,000 and asked the buyers […]

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VIDEO:  Unpleasant Surprises in Northern Utah Real Estate

October 29, 2018 Posted by: Jeremy Peterson

While the scene in the Northern Utah real estate market is healthy looking, underneath it is experiencing a severe case of vertigo. Watch as I dissect the market with the latest charts and graphs. I illustrate how local home builders may be in big trouble as first time home buyers continue to wither on the vine.      

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