Utah

Canterbury Court is another of our new subdivisions on the West edge of Cedar City. It was built around the top of the market in 2007. This is a nice starter home styled subdivision, with Twin homes (duplexes) and a few detached single family units.

Currently there are 2 homes listed for sale in our MLS both are priced at $99,900. These homes have around 1100 Square Feet of living space and have garages.

Market Update 2/3/2012: There are currently no homes listed for sale in the Multiple Listing Service. In the past 12 months there have been 2 homes sell. One of the homes sold for $82,500 and the other sold for $93,000. There is one lot listed for sale in Canterbury Court. It is listed at $35,000 for .21 of an acre.

Canterbury Court remains one of the great starter home areas in the Cedar City Real Estate Market. Some investors have found their way in buying homes here as well. Canterbury Court is really a choice place for first time homebuyers.

Here are some photos:

Canterbury Court Home

Another Canterbury Court Home or set of homes

Street Scene Showing the Single family homes in Canterbury Court

Promises of hope turn to more distress. Sad story!

About 25% of home owners in Utah are under water or near under water. So when a lawyer arrives on the scene crying foul play, many listen. Some undoubtely think to themselves, "This lawyer must know what he's talking about, afterall he's still working while many of the rest of us have lost our jobs." Not realizing that this lawyers work is contingent on their involvement in his 'rescue' plan.

The lawyer made the case that he could free these under water home owners from their obligation to the bank. All they had to do was pay him to file the claim, instead of paying the bank. So the lawyer collects their money, the distressed home owners fall further behind, and for what? At the conclusion of the trial the home owners are worse off than before.

If you are under water on your home and can no longer make payments, contact me so we can discuss your real options. There are programs in place to help with your situation, but you must be careful because there are some scary scams out there. So make sure you talk to a reputable real estate professional about your situation.

One of the benefits of writing this series of posts on the subdivisions in the Cedar City Real Estate Market area, is that I find that I have overlooked some great subdivisions in my initial reports. This has forced me to be a better Realtor and learn more about my market area.

The Cedar Meadows Subdivision is on the west side of Cedar City. It is a subdivision built of single family detached homes built on lots that are usually .17 of an acre. It is a subdivision that was built in the mid to late 1990’s. There were several phases, one of which is still being built out.

Currently there are 2 homes listed for sale in the Multiple Listing Service. They are listed at $129,900 and $154,900. In the past 12 months there have been 9 homes sell. They ranged in price from $90,000 to $149,900. There are currently 3 building lots for sale. They range from $14,900 to $22,900 and are in the .16 of an acre range in size.

Cedar Meadows is still one of the really good subdivisions to live in. It is an asset to the Cedar City Real Estate Real Estate Market! One of the new Elementary Schools, Iron Springs Elementary, is located in the Cedar Meadows Subdivision.

Market Update 2/3/2012: There are currently 2 homes listed for sale in the Multiple Listing Service. One is listed at $105,000 and one at $154,900. There have been 8 homes sell in the past 12 months. They have ranged in price from $98,000 to $154,900. There are 3 lots listed for sale, they range in price from $14,900 to $22,900. These lots are .16 of an acre.

Here are some photos:

Cedar Meadows Two Story Home

Another Cedar Meadows Two Story Home

Cedar Meadows Single Story

Suffering from Cabin Fever and looking for things to do outside the houe? Here are some fun ideas!

2002 Olympics Tenth Anniversary Celebrations

Courtesy Utah Office of Tourism

Ten years ago this month, Salt Lake City had never looked better, and a world recovering from the shock of 9/11 was ready to embrace the Olympic spirit. Now, Utah is ready to celebrate the tenth anniversary of the 2002 Salt Lake City Winter Olympic Games with events in Park City, Salt Lake City, and at each of the Olympic venues beginning Wednesday, Feb. 1 and culminating in a street festival and ice show Saturday, Feb. 18.

Event Highlights

• Relighting the flame at the Olympic Cauldron Park: Wednesday, Feb. 8. Flame will stay lit until Feb. 11.

• Utah Olympic Park Community Celebration: Thursday, Feb. 9, 5-6 p.m., Utah Olympic Park in Park City (Free)
• Kearns Olympic Park Community Celebration: Friday, Feb. 17, 6-9 p.m., Utah Olympic Oval in Kearns (Free)
• 10-Year Anniversary Olympic Sports Festival: Saturday, Feb. 18, 10 a.m.-5 p.m. at the Gateway (Free)
• A Tribute to 2002 With Stars on Ice: Saturday, Feb. 18, 7 p.m., EnergySolutions Arena (Tickets $20-$125)

Click here for additional info on 10th anniversary community events, exhibits and athletic competitions.

FIS Freestyle World Ski Championships

Courtesy Deer Valley Resort

The world's best freestyle ski athletes will compete in Park City at the FIS Freestyle World Ski Championships Feb. 1-4, 2012. Events include include aerial, moguls, and dual moguls. This year's competition also features a 2002 Olympic anniversary celebration on Park City's Main Street Wednesday, Feb. 1 beginning at 5 p.m.

All events free to the public. The events will be televised on NBC Feb. 11 and on VERSUS Feb. 11 and 18.

Jazz Basketball

The Jazz are playing surprisingly well for a team that has been through so many changes. Here's their February schedule:

• Saturday, Feb. 4, 7 p.m. vs. L.A. Lakers
• Monday, Feb. 6, 5:30 p.m. @ New York Knicks (NBATV)
• Tuesday, Feb. 7, 5 p.m.@ Indiana Pacers
• Friday, Feb. 10, 8:30 p.m. vs. Oklahoma City Thunder (ESPN)
• Sunday, Feb. 12, 7:30 p.m. @ Memphis Grizzlies (ESPN)
• Monday, Feb. 13, 6 p.m. @ Oklahoma City Thunder
• Tuesday, Feb. 14, 6 p.m. @ Memphis Grizzlies
• Friday, Feb. 17, 7 p.m. vs. Washington Wizards
• Monday, Feb. 20, 5 p.m. vs. San Antonio Spurs
• Wednesday, Feb. 22, 6 p.m. @ Minnesota Timberwolves
• Tuesday, Feb. 28, 5 p.m. @ Indiana Pacers
• Saturday, Feb. 26, 8 p.m. @ Sacramento Kings
• Wednesday, Feb. 29, 7 p.m. vs Houston Rockets

Energy Solutions Arena
301 West South Temple
801-355-SEAT

Tickets $12-$184, see website for specials

Grizzlies Hockey

Courtesy Utah Grizzlies

Here's the Grizzlies' home schedule for February:

• Vs. Bakersfield Condors - Feb. 8
• Vs. Las Vegas Wranglers - Feb. 15

All games 7:05 p.m.

Maverik Center
3200 South Decker Lake Drive (2200 W.)
801-988-8888

Tickets $10-$32, see website for promotions

If you are really suffering from "cabin fever", contact us. We'll find you the anicdote - a new cabin!!

This week I have gotten away from my blogs on the subdivisions in Cedar City, I need to get back them. Cedar Crest Subdivision is an interesting subdivision in Cedar City. It is located near the Old Hospital, close to almost everything in town. It was built in the late 1960's and early 1970's. This is a subdivision that has seen a lot of investors buying rental properties. There are also several homeowners that live in the subdivision.

Cedar Crest is a subdivision that seems to be transitioning from the investor market to the owner occupant area. There is currently one home listed for sale in our MLS at $149K. This subdivision does have mature trees and a great location.

Market Update 2/2/2012: There are currently 2 homes listed for sale in the Multiple Listing Service. One is listed at $115,900 and the other at $121,000. In the past 12 months there have been 2 homes sell. One sold at $86,500 and the other at $109,900. There is currently 1 building lot listed for sale, it is .23 of an acre and listed for $38,900.

Here are photos of some of the homes

Cedar Crest Home

Another Cedar Crest Home

Cedar Crest Duplex