It’s time for another market update and in this episode I share the story of some recent transactions and share the charts showing why now is such a great time for home buyers. If you have any real estate needs, call Jeremy at 801-390-1480.

A seat was recently vacated at the Ogden City Council and I submitted my name as a candidate for consideration. Fortunately, I was selected and I look forward to serving our community in this capacity. This is an additional duty for me and you can expect to continue to see me in my daily role as a real estate agent and broker. If you have any real estate needs, don’t hesitate to give me a call.

In an exciting development for income property owners everywhere, HUD has recently modified their guidelines related to emotional support animals. In 2020, HUD guidelines directed landlords to consider ESAs the same as trained service animals. This meant that landlords were compelled to offer accommodations to anyone presenting documentation of an animal being an ESA. In practice, what this meant is that pet owners who wished to have more rental options could document their animal and thus require the owner to accommodate them. We watched this in real time as tenants […]

A recent KSL article shed light on a new non-profit resource for landlords and tenants to use in emergency situations. Designed to keep otherwise responsible tenants in place by avoiding evictions, the non-profit provides emergency financial resources to tenants who have emergency circumstances. Such instances might include medical emergenciees, job transitions, or familiy crises. The spirit of the program is to offer one-time assistance to bridge a temporary gap. Ongoing or entrenched difficulties would need to be resolved by other means which includes an eviction. Landlords who have tenants in […]

Work continues in these next two episodes as we consolidate the building from six units to five.

The stats are in and the market appears to be blossoming with the Spring. Year over Year prices are down just shy of 3% from last year while compared to last month they are up 2%. This jives with the the chop in house prices that has been characteristic of the past year. Meanwhile, days on market is at 40 days. This isn’t surprising given the time of year. But what is surprising is the 19% increase in sales volume from last year…until you consider that last year at this […]

Some serious market forces are at work right now as tax incentives and their unintended consequences come home to roost. In this video we discuss the events behind the curtain that brought us here, what we are facing today, as well as a forecast of what is to come. Real estate investors, renters, and communities as a whole will all be affected. If you are a real estate investor and want to know how to make your property resilient during this bumpy market, give me a call. 801-390-1480

It has been a busy sales cycle since our last update. Here is a peek at some of the properties sold in the meantime: 301 W. 500 N. Logan, UT – This fourplex sold for $675,000 475 N. 2650 W. Tremonton, UT – This set of four townhomes sold for $969,250. 1974 N. 75 W. Sunset, UT – This fourplex sold for $864,000 981 Hudson St. Ogden, UT – This single family home near Ben Lomond High School sold for $399,850. 1516 36th St. Ogden, UT – This single family […]

Work on the Victorian Twinhome continues slowly yet steadily. Here are the latest episodes showing our progress: If this isn’t enough and you want to see all the videos and shorts, you can click HERE.

Since the Great Financial Crisis of 2008, stringent mortgage rules have kept banks in their lanes and kept the mortgage lending business rather sleepy. Exotic loans disappeared and banks were left with few options but bread and butter loans that they could issue to homebuyers. This humdrum lending landscape has also had the undesirable effect of limiting the the number of borrowers who could qualify for loans. While there is a strong argument that the qualifications for a loan should be stringent, other factors have distorted the market in a […]

Get the latest market stats and analysis as we discuss the recent shift into buyer market conditions.

We recently closed on the purchase of this eclectic art deco triplex for a client. The property is located at 619 20th Street in Ogden. This was a unique transaction since we also represented the seller as a manager while they listed the property with a discount brokerage. The property was originally listed for $409,800 in late January. The building sat on the market through March when the price dropped to $399,900. It went under contract once with a cash buyer shortly thereafter but they backed out during due diligence. […]