Two massive projects in Ogden City have been making slow but steady progress. The first is the Wonderblock project at the old Wonderbread site adjacent to the 2nd District Courthouse. The new parking garage has been an ever expanding monolithic presence on the site for some time. But, after months of tedious groundwork and preparations, improvements on the surrounding buildings are finally starting to manifest themselves as “gray shoots” springing up from the ground. While the parking garage is an imposing unsightly structure, it will ultimately be obscured by a […]
... Read MoreWe just closed on the sale of this unique commercial/industrial building located at 897 N. 2000 W. in Farr West. In 2020 the owners of the building were referred to us for management services. They were having difficulty with the tenant and wanted to hand the responsibility to a professional company to make things easier. After several years, the owner’s circumstances changed and they they wanted to reorganize their investment portfolio. That necessitated the sale of the building. We listed the building for sale in June 2024 for $1,200,000. The […]
... Read MoreWe recently had a wild eviction experience with tenants that had abused the goodwill of their landlord for many years. We were hired to enforce the lease and an eviction followed. Join us on this bewildering tour as we share our story.
... Read MoreThe Federal Government has a heavy presence in Ogden. For decades the U.S Forest Service has occupied the Leslie Hodgson designed building at 507 25th Street. Also, the monolithic building at 324 25th Street has been used by the IRS and other agencies since its construction in 1965. This week the Federal government announced its intention to divest itself of these two buildings due to age and the cost of upkeep and renovations. This historic event opens a door of opportunity for Ogden. The Forest Service building is an amazing […]
... Read MoreDuring the Great Financial Crisis, real estate sales transactions plummeted along with house prices and commission splits. This trifecta of doom shocked what was previously a plentiful real estate market. Like castaways starving on a desert island, Realtors began to distress as they scoured for sales. Healthy looking agents were suspected of hoarding and became targets of jealousy. Frequently, the call of “Procuring Cause!” was shouted in a form of commission cannibalism. Times were tough and the formerly friendly marketplace metamorphed into a scene from Lord of the Flies and […]
... Read MoreFor those of you that enjoy the history and excitement of restoring very old homes and buildings, this new project video series should be the perfect fit for you. This Victorian twinhome building is ripe for repair. Join us as we walk through this diamond in the rough and share some of its unique history along the way. More videos are to come… Enjoy!
... Read MoreOctober is turning into a month of contradictions and surprises. Get the latest analysis and insights for the Ogden real estate market. If you have questions about anything you saw in this video, give Jeremy a call at 801-390-1480
... Read MoreWe recently listed this spacious brick clad rambler located at 4410 S. Orchard Ave. in South Ogden, Utah. This home has been in the same family for decades and with changes in living arrangements, the family has opted to put the home up for sale. The home was originally listed for $439,900 and is currently priced at $404,900. The home has great potential with big open spaces and plenty of room to grow. The garage has passive solar heating installed in an oversized 2-car configuration. If you are interested in […]
... Read MoreOne of the reasons historic old homes are so enduring is that they are built of materials that were made to last over 100 years. In this video we have some fun showing how a tired 110 year old porch skirt is replaced with a new one fabricated from 2x4s from the hardware store. Hopefully someone in the year 2134 will watch this video so they know how to replace it again.
... Read MoreWe recently closed on the sale of a tiny triplex in Ogden. Located at 718 21st St., this little property is 1,200 SQFT divided into three petite one bedroom apartments. The subdivision was made sometime in the 1920’s so this building has served this use for over 100 years now. The property also includes a building lot next door that can be subdivided if the triplex use of the existing structure is forsaken. We initially listed the property for $399,900 and the market quickly gave us feedback that our price […]
... Read MoreWe just listed this beautiful little cottage for sale at 599 8th St. It is 1650 SQFT, 3 Beds, 2.5 Bath with a big shaded .17 lot. You might remember this property from a few years ago when we renovated it. Listed for $364,900. If you are interested in this property, please contact me at 801-390-1480 (Owner/Agent)
... Read MoreA lot has happened in the market since the last update. Here is a quick lighthearted update with all the charts and graphs you crave.
... Read MoreHeadlines have been made recently regarding changes in mortgage interest rate pricing implemented by the Federal Housing Finance Administration. It was proposed, and is now implemented, that interest rate pricing changes be made to accommodate first time home buyers and those who have less access to loans and capital to purchase a home. While this policy on its face sounds like a kind and generous effort to improve the standards of living of many disadvantaged people, the means by which the policy works to accomplish this are less benevolent. […]
... Read MoreUtah’s housing market is broken up into different segments. One of the major divisions in housing stock is the difference between parcels designed for one occupant (i.e. townhomes, homes, condos) and those designed for multiple occupants (i.e. duplexes, triplexes, fourplexes, etc.). With Utah’s housing shortage now entering its 9th year, it seemed appropriate to take a look at the multi unit market and see how it has performed during this market cycle. While demand for housing has put pressure on all available housing stock, the multi-unit universe operates by […]
... Read MoreThe 2023 General Session of the Utah Legislature has come to a close and now that the dust is settling, we get to see what happened. On the rental property front there were several bills proposed that would have disrupted business as usual. Happily, these bad ideas were squashed and some common sense legislation emerged from melee. HB314 Remedies for Victims of Domestic Violence This bill deals with releasing tenants who have been victims of domestic violence from their lease obligations. In the event that a tenant experiences domestic violence […]
... Read MoreVesta Real Estate | Ogden, UT 84401 | office@vesta-real-estate.com