Mortgage Interest Rates are so low right now, that from a monthly payment standpoint, home prices would have to drop 22% to have the same monthly payment if mortgage rates were 7%. At the AVERAGE national interest rate right now, a P&I payment on a $150,000 home loan would be $785.19 a month. If mortgage [...]
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The weather in Logan Utah may not seem like it, but Summer is almost here. Summer means its time for the annual Cornerstone Client Appreciation Pool Party. This pool party will be held at the Logan Aquatics Center, and provides FREE Swimming to all Past, Current, and FUTURE Cornerstone real estate clients. Mark your calendars [...]
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So I just ran the numbers to see the latest trends for Logan Utah Short Sales, and unless the MLS changed the way short sales are calculated, short sale numbers in Logan are way down. Of the 812 homes listed for sale right now, just 29 Logan Real Estate listings are short sales. This is [...]
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After the huge decline in Real Estate inventory at the beginning of the month, when home buyers rushed to get properties under contract at the end of April, Logan Utah Real Estate inventory is up again. There are currently 812 homes for Sale in Cache County. This is 32 more homes on the market than [...]
A recent stat shows that 23.3% of all US homes are underwater, meaning that the owners of these properties owe more on their home than what it is actually worth. If these homeowners need to sell, they generally have to do it by means of Short Sales. Unless they have reserves of Cash stashed away, [...]
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Once again Cornerstone Real Estate had more real estate transactions than any other Cache County Brokerage during April. In fact, Cornerstone had more buyer buyer transactions than any other brokerage had total real estate transactions. Cornerstone Real Estate Professionals had twice as many transactions as @Home Realty Network and Parker Real Estate, and had ten [...]
Continue reading about Cornerstone Real Estate #1 Cache County Brokerage for April
Looking for rental’s online is a much more difficult task than looking for Utah Homes for Sale. There isn’t a central database. No MLS that has all of the homes for rent in a standard format. People looking for rentals have to visit a variety of classified websites and newspapers. Now, the rental search has [...]
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The Logan Utah Real Estate market is looking really good. It’s partially due to the homebuyer tax credit, but might also be partially due to an improved economy and more optimism for the future of Utah Real Estate. During April, Cache County Real Estate sales were up almost 18% compared with last April. They were [...]
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In this video, Robert Brown talks about how the expiration of the homebuying tax credits has clearly made an impact for Cache Valley Real Estate. There was a huge rush of buyer activity during the last two weeks of the month, as 95 homes went under contract. That’s a normal amount of properties going under [...]
