April 14, 2016 Posted by: Jeremy Peterson

If you live in the Ogden area and feel like house prices are a lot higher than they were a couple years ago, you would be right.  House prices continue to spring upwards as the jobs market is red hot and there are more buyers in the market than there are sellers.  Such conditions put sellers in control of market pricing and this latest run has put home prices in Weber County higher than ever before. To illustrate the price movements, here is a chart of two Ogden neighborhoods. One is […]

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Posted In: Research

Signs of A Real Estate Market Top

April 12, 2016 Posted by: Jeremy Peterson

For those of us who have been around for a few turns of the real estate cycle, there are similar signs that mark each market peak.  While exact timing is anyone’s guess, the signs are nevertheless consistent.  Here are a few red flags that tell us that Utah real estate prices are reaching their zenith in this current market run:   Real Estate Guru Ads – Have you heard the ads on the radio from a national real estate guru telling you he has more money than he has real […]

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Posted In: Real Estate News

JUST SOLD!  Downtown Ogden Cottage

October 1, 2015 Posted by: Jeremy Peterson

  I recently closed on the sale of this property I listed in Downtown Ogden. This home is located at 578 24th St. just  a couple blocks from Washington Blvd.  It is walking distance to everything cool about Downtown Ogden.  The home is unique in that it would qualify as a tiny home.  Its livable footprint is only 850 SQFT. Interestingly, the sale of this home is an excellent example of what is happening in the housing market in general.  When the seller asked me to do a market analysis […]

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Posted In: Sold Listing

HOUSE PRICES:  UP, UP, UP, UP, UP!

September 21, 2015 Posted by: Jeremy Peterson

Every once in a while, I will take a moment to check in on market statistics to see if what I am experiencing day-to-day in the field matches what is happening across the county.  Once again, my suspicions have been confirmed. The chart you see represents the median price per square foot for homes sold in Weber County.  Using price-per-square-foot as our guide helps us get a better feel for the overall value of homes when stacked side by side.  Using this measure in the overall market shows us trends […]

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