With all the foreclosure activity we have seen since the housing market started slipping, mortgage insurance companies have really suffered. Mortgage insurance is essentially “foreclosure insurance” for banks. When a home buyer purchases a house with less than a 20% down payment, they are usually required to pay for a policy of mortgage insurance to [...]
Continue reading about Mortgage Insurance Changes Will Reduce The Amount Buyers Qualify For
The foreclosure situation in Utah is not looking good. According to RealtyTracs numbers, Utah ranks 6th nationally in terms of percentage of foreclosures. What’s most alarming, is the fact that foreclosure activity during August was up by 25% compared with a year ago. One in every 236 Utah homes saw some sort of foreclosure filing [...]
It looks like the number of short sales and foreclosure homes are on the rise in Cache County Utah. Right now 5.2% of the current homes for sale in Logan UT, are listed as short sales. This is up nearly a percent and a half from July when just 3.62% of the homes for sale [...]
We all know that Logan is one of the safest places in the world. In general people are very honest and crime is minimal. That doesn’t mean that we don’t need to be cautious and that everyone is honest though. There is crime here as was demonstrated by the theft of a scooter by one [...]
It appears as if the Logan Real Estate market is still declining. Since the expiration of the home buying tax credit, home sales have been substantially down compared with previous years, and the number of homes for sale has increased. There are currently more than 900 MLS listings, and we might see only 900 total [...]
Continue reading about Price Your Home Ahead of The Curve to Get Top Dollar
Who is the number one brokerage for Cache County Real Estate sales? Being that this is a Cornerstone Real Estate blog, you’re probably not to surprised that Cornerstone Real Estate Professionals are the undisputed, #1 brokerage for total residential home sales in Cache County. Here is the year to date break down, if you want [...]
