FOR SALE:  Layton Multi-Level Home

November 29, 2022 Posted by: Jeremy Peterson

We recently listed this newer multi-level home located at 682 N. Colonial St. in Layton.  Located near Gordon Ave. and Fairfield Rd. this home sits on a .19 acre lot with mature trees and a fully fence yard.  The home has four bedrooms and three full baths with updated paint and contemporary flooring throughout a 2182 SQFT floorplan.   For current pricing or to schedule a private showing, please contact me at 801-390-1480.

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Posted In: New Lisitngs

FOR SALE:  Spacious Ogden East Central Bench 4 Bed Home

November 18, 2022 Posted by: Jeremy Peterson

We just listed this spacious home located at 540 21st St in Ogden.  Built in 1908, renovated in the 1960s, and given a fresh face this year, the home boasts over 2500 SQFT with a 4 bedroom 3 bathroom configuration.  The basement is nearly fully finished and plenty of room for storage and utility space.  There is parking for 4 vehicles.  A long driveway on the west side and a parking pad on the east side of the home.  The lot is a spacious .19 acres and presents ample garden […]

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Posted In: New Lisitngs

OGDEN RISING:  East Central Bench Rezone Extravaganza

November 17, 2022 Posted by: Jeremy Peterson

Ogden City recently passed ordinances which significantly affect the East Central Bench neighborhood.  Many of these policies have been a long time coming.  The city council passed all of these ordinances with a unanimous vote.  Here is what is coming to a historic neighborhood near you.   Transit Oriented Development With the new OGX (Bus Rapid Transit) Line coming to completion here in the next calendar year, the city wanted to promote mixed use near the transit nodes.  This mixed use comes in the forms of live/work space and street […]

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Posted In: Real Estate News

VIDEO: Northern Utah Real Estate Market Update – October 2022 – Things I Don’t Want to Tell You

November 9, 2022 Posted by: Jeremy Peterson

It’s time for another market update.  This one is a doozer.  Sit down before watching.  The numbers are big.

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Posted In: Research

VIDEO:  The Peril of Vacant Units and Broken Pipes

October 27, 2022 Posted by: Jeremy Peterson

Vacant units are often a liability waiting to happen.  We reaffirmed that this week as pipes unexpectedly burst in a townhome unit causing water to pour into a neighboring unit.  Never underestimate the benefits of professional management.  If you need property management services, give me a call at 801-390-1480

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Posted In: Property Management

VIDEO: Easy Fix for Basement Window Egress Problems

October 26, 2022 Posted by: Jeremy Peterson

Ogden City has become become more vigilant recently in its enforcement of building codes.  Among these codes is egress requirements for basement windows.  This has been an ongoing debate in the city since new construction standards increased significantly in 2008.  Fortunately, there has been some relief and it isn’t the end of the world for landlords with basement apartments.  Learn more about the details and some solutions to keep our units safe and functional without breaking the bank.  

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Posted In: Property Management

The Tale of Two Ogdens: East Bench vs. East Central

October 10, 2022 Posted by: Jeremy Peterson

In 2014 I wrote about the disparity between two of Ogden’s most prominent neighborhoods, the venerated East Bench and the heretofore notorious East Central now  co-branded as Trolley District.  At that time, with the market beginning to heal from the deep wounds of the 2008-2012 real estate depression, there were some early signs of adjustment between the two neighborhoods. Today we revisit this topic with some new charts to illustrate the point.  Yesteryear’s charts consumed a lot of data and time.  This go around I wanted to illustrate the differences […]

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Posted In: Research

Homie Don’t Play That – Fires 20% of Staff

October 5, 2022 Posted by: Jeremy Peterson

In another sign that the grandiose promises of “technological disruption” in the real estate market have once again come up empty, Utah based Homie has announced that it is laying off up to 20% of its workforce.  You might recall that Homie started as a low listing fee brokerage wrapped in the cloak of a tech company.  Due to revenue struggles it branched out into title services and financing to help keep the company bottom line going. We have to give them credit for trying.  But, alas, a business model […]

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Posted In: Real Estate News

Opendoor Gets Door Slammed on Fingers

September 19, 2022 Posted by: Jeremy Peterson

Opendoor is a massive company that buys homes with cash from sellers and then flips them at resale for a profit.  Or, at least that is how the model is supposed to work.  Supported by computer driven models of house prices, market demand, and return on investment, the company emerged on the public stock exchanges in 2020 and entered the housing market in earnest as it snatched up homes while demand and prices skyrocketed. Well, the business model was working wonderfully on the way up.  On the way down, the […]

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Posted In: Real Estate News

INFERNO: Apartment Building Burns to Ground…Again

August 24, 2022 Posted by: Jeremy Peterson

In a bizarre deja vu for Elite Craft Homes, another development of theirs has gone up in flames.  We might take a trip in the wayback machine to last year’s incredible inferno that destroyed a freshly framed 4-story structure at 28th and Grant Ave. This time, the fire was located at the corner of 34th and Washington with a freshly framed three story structure.  The site was scheduled to be fenced off but vandals likely took advantage of the situation before that could be done.   There are suspicions that […]

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Posted In: Local History

VIDEO: My Old House – Historic Style Garden Shed – Ep.1 – Foundation, Framing, and Roof

August 23, 2022 Posted by: Jeremy Peterson

We embarked on an ambitious project of creating a historic style garden shed that would honor and compliment the historic homes in our neighborhood. We also wanted it to function for 100 years or more long after we are gone. Needless to say, a plastic shed wasn’t going to make the cut. Here is a video of 10 weeks of sporadic work compressed into less than three minutes.  Other My Old House videos are available on our Youtube channel. Enjoy!

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Posted In: Uncategorized

VIDEO: Northern Utah Real Estate Market Update – August 2022 – The Tide Goes Out

August 22, 2022 Posted by: Jeremy Peterson

Broker Jeremy Peterson offers the latest charts and graphs showing the remarkable change in market conditions in Weber County , Utah. To answer questions about this ever changing market, contact Jeremy at 801-390-1480

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Posted In: Research

JUST SOLD!  Quaint Roy Homestead

August 10, 2022 Posted by: Jeremy Peterson

We just closed on the sale of this listing in Roy.  The home was part of an estate sale.  We learned a lot as the market sought to settle on a price in the new market paradigm.  Check out the video for the full story.     If you or anyone you know is in the market to buy or sell their home, give me a call at 801-390-1480

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Posted In: Sold Listing

JUST SOLD! Camelot Court Townhome

Posted by: Jeremy Peterson

We just closed on the purchase of this home for a buyer.  It was interesting to test the waters with a cash offer in the new summer market paradigm.  Check out the video for the full story.   If you or anyone you know is in the market to buy or sell a home, give me a call at 801-390-1480

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Posted In: Sold Listing

MONEY FOR BUYERS: Own In Ogden Program Quadruples Amount Per Buyer

August 3, 2022 Posted by: Jeremy Peterson

The Own In Ogden Program has been a long standing institution in the Ogden real estate market. For decades, first time home buyers have been able to benefit from program funds when purchasing their first home.  With housing prices increasing rapidly over the past several years, program guidelines had been unable to keep up with the changing financial landscape.   Recently, Own In Ogden announced exciting new changes to their program.  Program funds have been enhanced to reflect current market conditions and there are some exciting caveats for teachers, police […]

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Posted In: Real Estate News

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