The FHA or the Federal Housing Government is a government insurance company and operates under the United States Department of Housing and Urban Development (HUD) that finances mortgages and refinance loans of lenders. As part of the National Housing Act of 1934, its goals are: 1. Improve housing standards and conditions, 2. Provide an adequate [...]
The number of homes listed under “short sale” status in Cache county is likely at an all time high. There are currently 49 Short Sale Homes for sale in Cache County. This is the highest it’s been since I started keeping track over a year ago. 14 of these short sale homes are actually within [...]
There are a lot of Realtors in Cache Valley who don’t like some of the things I blog about, because I don’t paint a “rosy picture” of the state of the real estate market. Personally, I think it is the best to just state the facts and tell the truth. Right now the truth is [...]
Continue reading about No, It’s Not A Good Time to Sell, but it Could Get Worse
The winter months are typically the slowest months for home selling. But which homes will have the hardest time selling? Which type of Logan homes will have the easiest time selling? For the most part, the more expensive homes will have the most competition if buyer behavior is similar to the way it has been [...]
Continue reading about Logan Real Estate Inventory – By Price Range
Cache Valley’s largest real estate brokerage, Cornerstone Real Estate Professionals, can now service those who live on the other side of the border. Cornerstone now officially has a brokerage, an office, and local real estate agents in Preston Idaho. The Preston Office is Located at: 55 S. State Street Preston, ID 83263 (208) 852-3000 For [...]
Continue reading about Cornerstone is Now in Cache Valley Idaho
For Logan Utah Real Estate, the third quarter is usually the best quarter of the year in terms of home sales. It encompasses the summer months when most people prefer moving. But not this year. Q3 home sales were way down. So how bad were home sales during the third quarter in Cache County Utah? [...]
The biggest factor determining future prices is the amount of real estate inventory. The more houses there are for sale, the more home prices will come down. Another factor that will determine future prices is the number of foreclosures that will be hitting the market. Foreclosures not only add to the total inventory, but they [...]
