Finding Home in Utah Blog

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Real Estate Broker/Owner - Novak Advantage Real Estate - UT DRE# 5459481-PB00
News, Trends & Discussions About The Real Estate Market in Northern Utah

ARCHIVED BLOG POSTS

2009 

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NOTE: 18% is almost 1 in 5 properties (read: real live people who are your neighbors, friends, family, co-workers ...) NOTE: 23% is almost 1 in 4 properties NOTE: "Fewer Homeowners Underwater"? Make sure you read the complete update. Fewer is not fewer in Utah, fewer is fewer compared to the nati...
11/30/2009
Federal Tax Credits 2008 - 2009 Part I - 2009/2010 Part 2 First, there was the 2008 Housing & Economic Recovery Act $7,500 "tax credit" that is, in fact, an interest free loan that must be re-paid over a 15-year period. This program was effective April 8, 2008 and ended December 31, 2008. Then ca...
11/29/2009
Kim Novak, CDPE Certified Distressed Property Expert
11/25/2009
I'm very excited to announce that I've just received my CDPE designation and am looking forward to working with home owners avoid foreclosure by facilitating their short sale. Not every distressed property is bank-owned, a short sale or in pre-foreclosure, though. In preparing my current clients...
11/25/2009
* Only 20% of the current condominium MLS listings are under contract * None of those listings under contract are "short sales" * 38% of the listings under contract are vacant * The median price of the listings under contract is $179,900 * The median price of active listings is $187,800 * There i...
11/13/2009
* Only 14% of the current single family home MLS listings are under contract * None of those listings under contract are "short sales" * 18% of the listings under contract are vacant * The median price of the listings under contract is $169,900 * The median price of active listings is $180,000 * ...
11/13/2009
* 26% of the current single family home MLS listings are under contract * 16% of those listings under contract are "short sales" * At least 26% of the listings under contract are vacant * The median price of the listings under contract is $192,500 * The median price of active listings is $194,000...
11/13/2009
* 23% of the current single family home MLS listings are under contract * None of those listings under contract are "short sales" * At least 1/3 of the listings under contract are vacant * The median price of the listings under contract is $236,450 * The median price of active listings is $267,50...
11/12/2009
* 29% of the current single family home MLS listings are under contract * 11% of those listings under contract are "short sales" * At least 37% of the listings under contract are vacant * The median price of the listings under contract is $284,450 * The median price of active listings is $278,120...
11/12/2009
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Kim Novak

Broker/Owner
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News, Trends & Discussions
About The Real Estate Market
in Northern Utah