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Here is the latest regarding that state of things in the Northern Utah Real Estate market.

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!

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;            

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 […]

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 […]

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.  […]

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 […]

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.      

We just closed on the sale of this cute vintage cottage located just a stone’s throw from bustling downtown Ogden.  This home was listed on September 6th for $125,000.  Our client expressed interest in the home and was using cash to make the purchase.  We offered $128,000 in a multiple offer situation and our offer ultimately prevailed over the others.   This particular home is petite with just 896 SQFT on the main level and configured with only two bedrooms.  However, the interior had been upgraded nicely.   Congratulations to […]

We just closed on the sale of this income property located in Ogden’s historic Trolley District neighborhood.  We listed this fourplex property in mid-July for $249,900.  Shortly thereafter, we received a couple offers.  The first offer was using conventional financing.  The second was a full price cash offer.  We opted for the second offer.   As we got into the due diligence period, it became apparent that the buyer was not using his own cash but was hoping to get a hard money loan to close the transaction.  Knowing that […]

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 listed this amazing property located at 2202 Taylor Ave. on Ogden’s coveted East Bench neighborhood.  This home has been totally renovated from top to bottom and boasts four bedrooms (including an amazing master suite), three bathrooms, a custom kitchen, and more.  The main level utilizes an open floorplan with big windows providing plenty of light and amazing city and mountain views. The kitchen has custom cabinetry and new stainless steel appliances.  Granite counter tops provide a nice color accent and rich surface for food preparation.       […]

Real Estate prices in Weber County have seen an unprecedented run since the market trough in 2012.  Indeed, 2017 has seen real estate values increase over 10% since the start of the year.  In April of this year, after looking at the charts, I surmised that we had reached a top in real estate prices.  Inflation adjusted prices had blown past our 2007 peak which signaled that we might be due for a turn.   What I didn’t fully understand at that time was the scale of the forces at work creating […]

We recently visited Boston, Massachusetts for a conference.  While we were there, we took some time to visit some of the great historical sites of the region.  One of our segues took us to Salem where we immersed ourselves in one of America’s oldest communities and visited some of the oldest homes in America. The architecture and stories behind the homes were remarkable.   The Pickering House Along the McIntyre Historic District  were many comes constructed between 1660 and 1910.  The most striking was the Pickering House which boasts a construction […]

We just closed on the sale of this lot located at 2809 Jackson Ave. in Ogden.  The lot was listed in January of this year for $19,000.  It sat on the market through June until a client contacted us with some interest in it.  We offered full price with cash and the seller accepted the offer.   The buyer utilized a real estate IRA which required some additional time to process.  However, the process went very smoothly and we were able to close early.  The buyer is now exploring constructing […]