Find Your Utah Home Team - Equity Real Estate

01/05/2023

A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one.

A gre...

A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one. A gre...

01/04/2023

If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don't let a common misconception about how much you need to save make the process harder than it could be.

>>Understand 20% Isn’t Always the Typical Down Payment

Unless specified by your loan type or lender, it’s typically not required to put 20% down. This means you could be closer to your homebuying dream than you realize. According to the National Association of Realtors (NAR), the median down payment hasn’t been over 20% since 2005. In fact, the median down payment today is only 14%. And it’s even lower for first-time homebuyers at just 6% (see graph below):
>>Learn About Options That Can Help You Toward Your Goal

If saving for a down payment still feels like a challenge, know that there’s help...
: firsttimehomebuyer

If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward.

01/03/2023

If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don't let a common misconception about how much you need to save make the process harder than it could be.

>>Understand 20% Isn’t Always the Typical Down Payment
Unless specified by your loan type or lender, it’s typically not required to put 20% down. This means you could be closer to your homebuying dream than you realize. According to the National Association of Realtors (NAR), the median down payment hasn’t been over 20% since 2005. In fact, the median down payment today is only 14%. And it’s even lower for first-time homebuyers at just 6% (see graph below):

>>Learn About Options That Can Help You Toward Your Goal
If saving for a down payment still feels like a challenge, know that there’s help available. A...

If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don't let a common misconception about how much you need to save make the process harder than it could be.

01/02/2023

Supply and demand will always play a major role when selling your house. Even today, the demand for homes is still greater than the supply due to decades of underbuilding and millennials aging into their prime homebuying years. If you’re a homeowner planning to sell, DM me today so we can discuss why your home is still in demand.

12/30/2022

Wishing you all the best and looking forward to working with you on your real estate goals in 2022. Happy New Year!
#2023

12/29/2022

If you’re thinking of selling your house, the best way to make sure you’re in the know is to work with a trusted housing market expert. Here's why.

>>1. A Real Estate Advisor Is an Expert on Market Trends
An expert real estate advisor has the latest information about national trends and your local area too. More importantly, they’ll know what all of this means for you so they’ll be able to help you make a decision based on trustworthy, data-bound information.

>>2. A Local Professional Knows How To Set the Right Price
If you sell your house on your own, you may be more likely to overshoot your asking price because you’re not as aware of where prices are today. Real estate professionals provide an unbiased eye when they help you price your house.

>>3. A Real Estate Advisor Helps Maximize Your Pool of Buyers
Real estate professionals have a large variety of tools at their disposal, such as...

With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to wo...

12/28/2022

If you’re planning to sell your house, understanding market conditions is critical. While it’s still a sellers’ market, buyers are regaining some negotiation power. That means you may need to be prepared to work with buyers on things like closing costs, appraisals, or repairs. DM me so you have a trusted expert to help guide you through today’s market.

12/27/2022

The 2023 housing market will be defined by two key factors: inflation and mortgage rates. Where rates go in the new year depends on what happens with inflation. If you’re thinking of buying or selling a home, DM me so you have a trusted advisor on your side who can help you understand where the housing market is headed in 2023.

12/26/2022

Wondering what housing experts are calling for in 2023 and how it impacts your plans? Let’s connect so you’re prepared for what’s to come in the new year.

12/23/2022

Thank you for all of your support.

12/22/2022

There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too.

Home means something different to all of us. Whether it’s sharing memories with loved ones at the kitchen table or settling in to read a book in a favorite chair, the emotional connections to our homes can be just as important as the financial ones.

>>1. You Can Be Proud of Your Accomplishment
Buying a home is a major life milestone. The sense of accomplishment you’ll feel at the end of your journey will truly make your home feel like a special place.

>>2. You Have Your Own Designated Happy Place
Owning your own home offers not only safety and security, but also a comfortable place where you can relax and unwind after a long day...

There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too.

12/21/2022

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it's put the market into a reset position.

But what does that mean for next year? What everyone really wants is more stability in the market in 2023. For that to happen we’ll need to see the Fed bring inflation down even more and keep it there. Here’s what housing market experts say we can expect next year.

>>What’s Ahead for Mortgage Rates in 2023?

Moving forward, experts agree it’s still going to be all about inflation. If inflation is high, mortgage rates will be as well. But if inflation continues to fall, mortgage rates will likely respond. While there may be early signs inflation is easing as we round out this year, we’re not out of the woods just yet. Inflation is still something to watch in 2023.

In the meantime, expect some volatility as rates will likely...

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it's put the market into a reset position.