Eagle Mountain, UT

We need Positive Price Action to confirm market bottom. One month of price improve isn't sufficient to confirm the market bottom. We need to see appreciation month over month for three months.

PRICE ACTION

Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.

SUMMARY

Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom. This is NOT a good time for those with low and/or no risk tolerance to purchase.

High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.

Some are trying to time the market and market timing is risky. Trying to time the bottom is not for the inexperienced buyer and extremely difficult.

Those waiting for a market bottom confirmation will (almost always) miss the bottom. This is because confirming factors are lagging indicators.

Buy and hold is the best buying strategy.

Data considered accurate... However is NOT Guaranteed. Contact your Mark Watterson your Local Property Resource Specialist for the most up-to-date data and help to determine your specific risk tolerance.

_______________________________________________________________________________________________________________________________________

Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC

Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information at www.markwatterson.com

It's Not About the Money -It's about life long relationships that are based on Customer Service Excellence.

The "Voice of the Customer" is where it all begins. Customer Service Excellence is not just words. It's our CULTURE.

My customers refer their family and friends because of the exceptional attention to detail, customer focus and the value added services they receive. An unmatched passion and love for providing these services is the thread that binds the entire business process together making it a smooth and seamless event.

In fact it doesn't even seem like business. Because it's all about you, your goals and objectives.

You should expect the highest level of service and you deserve it. It's about you, the right property and your GOALS. YOU Deserve the BEST!

Utah County Home Buyers - First-Time Home Buyer - $8,000 Tax Credit and $4,000 Home Run 2 Grant - Utah County Real Estate

Utah County Home Buyers and Utah County First-Time Home Buyers have a great opportunity to enter the Home Buyer market now. This programs ends soon, contact me for more information.

What is the $4,000 Home Run 2 Grant?

The Home Run 2 Grant is a mortgage assistance program that grants $4,000 to home buyers who wish to:

•A) Have a new home constructed

•B) Have a partially-constructed home completed

•C) Purchase a newly-constructed home.

It must be the primary residence of the home buyer. Homes that have been previously occupied do not qualify.

How is Home Run 2 different from the first Home Run program?

The first Home Run program, which ended in June 2009, provided a $6,000 grant to eligible home buyers. Home Run 2 provides a $4,000 grant. The first program required that homes be ready for occupancy upon closing. Home Run 2 buyers have two additional options. They can purchase a home that is contracted for construction or partially finished and contracted for completion. Homes that have been previously occupied do not qualify.

When a Home Run 2 Grant Commitment is issued, if the Eligible Home is fully constructed, the Commitment expires 10 calendar days after the date of issuance (unless that day falls on a weekend or holiday and then it is the following business day). If the Eligible Home is somewhere in the construction process, the Commitment expires on June 30, 2010.

All Home Run 2 Grant commitment requests must be received on or before November 30, 2009. Incomplete request packages will not be considered for commitments.

All other aspects of the program are materially the same as the first Home Run program, as summarized below.

Who is eligible to receive a $4,000 Home Run 2 Grant?

•· Home Buyers (any person taking title) must meet the following income restrictions:

•o Single person, maximum income, $75,000

•o Married couple, maximum income, $150,000

•o If more than one unmarried person is taking title to the Eligible Home, each such single person is subject to the $75,000 income limit.

•o Income calculations will be determined by the Adjusted Gross Income as verified by the Approved Lender using the 2008 IRS Federal Income Tax transcript obtained directly from IRS or from an authorized third-party vendor.

•· Home buyers must occupy the purchased home as a primary, permanent residence.

•· If home buyers need a mortgage loan to purchase the home, the loan must be a fixed interest rate, amortizing mortgage loan with a term of 30 years or less.

•· The Home Run 2 Grant Program is effective only for home purchases closed after a Home Run 2 Grant Commitment has been issued for that specific transaction. The grant funds may not be used by Home buyers who received the $6,000 grant under the previous Home Run Grant Program.

Can Cash Buyers qualify to get the Home Run 2 Grant?

Yes. Cash Buyers must contact Utah Housing directly. Cash Buyers, like all other Buyers, must obtain a written Home Run 2 Grant Commitment prior to closing.

What property types can be purchased with a $4,000 Home Run 2 Grant?

Eligible property types include single-family detached homes, condominiums, planned unit developments (PUD), twin homes, town homes and manufactured homes permanently affixed to a foundation.

What type of loan can a home buyer use to purchase the home?

If a home buyer needs a mortgage loan, it must be a fixed interest rate loan with a term of 30 years or less. Loans may be obtained from any Approved Lender. Examples of qualifying loans include:

•· Conventional loans

•· FHA, VA, or Rural Housing loans

•· Utah Housing Corporation loans

Search Utah MLS Listings

Utah County Homes Utah Realtor Utah Homes Utah Homes For Sale Provo Real Estate WS Orem Real Estate WS Utah Homes 4 Sale Alpine Real Estate Cedar Hills Real Estate Highland Real Estate Lehi Real Estate Pleasant Grove Real Estate Utah County Home Values Utah County Realtor Utah County Realtors Provo Realtor Provo Utah Real Estate Eagle Mountain Real Estate Mapleton Real Estate Payson Real Estate Saratoga Springs Real Estate Spanish Fork Real Estate Springville Real Estate Utah County Real Estate Utah County Homes 4 Sale Utah County Real Estate 4 Sale Davis County Real Estate Chandler Real Estate Summit County Real Estate Wasatch County Real Estate Washington County Real Estate Salt Lake County Real Estate Weber County Real Estate Springville Real Estate Lehi Real Estate American Fork Real Estate Alpine Real Estate Pleasant Grove Real Estate Heber City Real Estate Midway Real Estate St. George Real Estate Park City Real Estate Deer Valley Real Estate Alpine Utah County Homes for Sale, American Fork Utah County Homes for Sale, Cedar Hills Utah County Homes for Sale, Eagle Mountain Utah County Homes for Sale, Highland Utah County Homes for Sale, Lehi Utah County Homes for Sale, Lindon Utah County Homes for Sale, Mapleton Utah County Homes for Sale, Orem Utah County Homes for Sale, Payson Utah County Homes for Sale, Pleasant Grove Utah County Homes for Sale, Provo Utah County Homes for Sale, Salem Utah County Homes for Sale, Santaquin Utah County Homes for Sale, Saratoga Springs Utah County Homes for Sale, Spanish Fork Utah County Homes for Sale, Springville Utah County Homes for Sale, Elk Ridge Utah County Homes for Sale, Sundance Utah County Homes for Sale, Woodland Hills Utah County Homes for Sale Alpine Utah County Homes for Sale, American Fork Utah County Homes for Sale, Cedar Hills Utah County Homes for Sale, Eagle Mountain Utah County Homes for Sale, Highland Utah County Homes for Sale,Lehi Utah County Homes for Sale, Lindon Utah County Homes for Sale, Mapleton Utah County Homes for Sale, Orem Utah County Homes for Sale, Payson Utah County Homes for Sale, Pleasant Grove Utah County Homes for Sale, Provo Utah County Homes for Sale, Salem Utah County Homes for Sale, Santaquin Utah County Homes for Sale, Saratoga Springs Utah County Homes for Sale, Spanish Fork Utah County Homes for Sale, Springville Utah County Homes for Sale, Elk Ridge Utah County Homes for Sale, Sundance Utah County Homes for Sale, Woodland Hills Utah County Homes for Sale, Elk Ridge Utah County Homes for Sale, Utah County Homes for Sale Utah County Real Estate

How to Buy Your First Home in Utah County - Utah County Real Estate

Well the time has come; you are finally out making a good living. You are beginning to get tired of paying rent, the number one advise that friends and family are giving you is, Buy a House. By this time you are about to be hitched and have probably saved enough money for a down payment. After a fair amount of thinking about it, you jump over the first hurdle and decide to go for it. Now once you are focused about what you want you then jot down a list of things you want in a house. That being done the search begins. These days the task of sifting through hundreds of potential houses is not as hard. With a few mouse clicks, you can see multiple house listings and take virtual tours of Utah County Homes for Sale.

The key points to consider are the location and the surrounding neighborhood of the house and your estimated budget. It is important to talk with a Utah County Loan Officer and determine if your budget ideas sound reasonable, and get a preapproval letter if possible, this will help a lot latter on you will see. Once you have set out the criteria it's time to take yourself down to a Utah County Realtor. An efficient Utah County Realtor will pay close attention to your wants, needs, and show you houses accordingly. This will ensure that within the span of two weeks you will have a maximum number of houses to see which will fit your desired profile.

Then starts the personal viewing process, and this is a long, tiresome process indeed. Careful attention is needed when venturing out to see homes. Once you start seeing places that you like, slow down and don't make the biggest mistake of your life by jumping for the first house that you see. Even if the first house you see actually has the perfect room size, the awesome kitchen and even the ideally shaped terrace, wait. Mark it out as one of your favorites and see others. While inside the house, be thorough with your investigations and personal observations. Mark out all the things you like about the house and mark out the things that you do not like. Take a good look at all the rooms and the roof as well as if it's accessible, and make a note even if it is not.

After leaving the house rate it personally from 1-10. Also, take a good look at its surrounding location. Note the size and shape of the car parking area, and take note of the lawn and back yard shape and size. Another thing to focus on is the garage. Lastly insist that the Utah County Realtor tell you about all the defects of the house that are not openly visible. Ultimately, revisit the top selected Utah County Homes for Sale to make an informed decision.

Search Utah MLS
Utah County Real Estate Utah County Homes Utah Realtor Utah Homes Utah Homes For Sale Provo Real Estate WS Orem Real Estate WS Utah Homes 4 Sale Alpine Real Estate Cedar Hills Real Estate Highland Real Estate Lehi Real Estate Pleasant Grove Real Estate Utah County Home Values Utah County Realtor Utah County Realtors Provo Realtor Provo Utah Real Estate Eagle Mountain Real Estate Mapleton Real Estate Payson Real Estate Saratoga Springs Real Estate Spanish Fork Real Estate Springville Real Estate Utah County Real Estate Utah County Homes 4 Sale Utah County Real Estate 4 Sale Davis County Real Estate Chandler Real Estate Gilbert Real Estate Mesa Real Estate Tempe Real Estate Queen Creek Real Estate Summit County Real Estate Wasatch County Real Estate Washington County Real Estate Salt Lake County Real Estate Weber County Real Estate Springville Real Estate Lehi Real Estate American Fork Real Estate Alpine Real Estate Pleasant Grove Real Estate Heber City Real Estate Midway Real Estate St. George Real Estate Cedar City Real Estate Park City Real Estate Deer Valley Real Estate Utah County Alpine American Fork Cedar Hills Eagle Mountain Highland Lehi Lindon Mapleton Orem Payson Pleasant Grove Provo Salem Santaquin Saratoga Springs Spanish Fork Springville Elk Ridge Davis County Layton Bountiful Farmington Centerville Clearfield Kaysville Salt Lake County Draper Holladay Kearns Midvale Murray Riverton Salt Lake City Sandy South Jordan South Salt Lake Taylorsville Summit County Park City Deer Valley Weber County Ogden North Ogden South Ogden Eden Roy Wasatch County Heber City Midway Cedar City Vernal Kanab Nephi Cache Valley Logan Brigham City Tremonton Washington County St. George Charleston Utah County Foreclosures Alpine Homes for Sale Utah Home Loans
Search Arizona MLS

Utah County Home Inspection is Important - Utah County Real Estate

Well, you just made an offer on a beautiful new home. You are excited about the possibilities that this new home is going to bring to you and your family. Don't let this dream turn into a nightmare because you decided not to spend a little extra money on a Home Inspection.

A study conducted by the American Society of Home Inspectors and the NAR in 2001 found that 77% of all homebuyers insisted on a Home Inspection prior to purchasing their property, and 97% of that group believes the service was a good value for the price.

Next to the financial contingency in the Real Estate Purchase Contract, the Home Inspection is the most reason you need to consider before purchasing the home. This is where you have the right to back out of the contract, if the report indicates a serious problem. Better yet, the peace of mind a Home Inspection will bring is endless.

I recommend to all my buyers that a Home Inspection is a must. The benefits that come from having a Home Inspection far outweigh the cost. Have you home Inspected and I know you will thank me later for the suggestion.

Search Utah MLS
Utah County Real Estate Utah County Homes Utah Realtor Utah Homes Utah Homes For Sale Provo Real Estate WS Orem Real Estate WS Utah Homes 4 Sale Alpine Real Estate Cedar Hills Real Estate Highland Real Estate Lehi Real Estate Pleasant Grove Real Estate Utah County Home Values Utah County Realtor Utah County Realtors Provo Realtor Provo Utah Real Estate Eagle Mountain Real Estate Mapleton Real Estate Payson Real Estate Saratoga Springs Real Estate Spanish Fork Real Estate Springville Real Estate Utah County Real Estate Utah County Homes 4 Sale Utah County Real Estate 4 Sale Davis County Real Estate Chandler Real Estate Gilbert Real Estate Mesa Real Estate Tempe Real Estate Queen Creek Real Estate Summit County Real Estate Wasatch County Real Estate Washington County Real Estate Salt Lake County Real Estate Weber County Real Estate Springville Real Estate Lehi Real Estate American Fork Real Estate Alpine Real Estate Pleasant Grove Real Estate Heber City Real Estate Midway Real Estate St. George Real Estate Cedar City Real Estate Park City Real Estate Deer Valley Real Estate Utah County Alpine American Fork Cedar Hills Eagle Mountain Highland Lehi Lindon Mapleton Orem Payson Pleasant Grove Provo Salem Santaquin Saratoga Springs Spanish Fork Springville Elk Ridge Davis County Layton Bountiful Farmington Centerville Clearfield Kaysville Salt Lake County Draper Holladay Kearns Midvale Murray Riverton Salt Lake City Sandy South Jordan South Salt Lake Taylorsville Summit County Park City Deer Valley Weber County Ogden North Ogden South Ogden Eden Roy Wasatch County Heber City Midway Cedar City Vernal Kanab Nephi Cache Valley Logan Brigham City Tremonton Washington County St. George Charleston Utah County Foreclosures Alpine Homes for Sale Utah Home Loans
Search Arizona MLS

Utah County "Buyer's Market"

Are you a present Utah County Home Buyer Candidate? How you been waiting for the perfect time to buy a home? Well your time is now, at no other time in recent memory has the real estate market been at a point where you had nothing to lose, and everything to gain. As a full-time Utah County Home Buyer Representative, I too like this kind of Utah County Home Buyer market. There are so many opportunities out there for my clients that I feel like a little kid in a candy store.

A Utah County Home Buyer market comes at a time when the supply of homes for sale exceeds the demand to buy those homes. The Utah County Home Buyer market can be a great opportunity to not only negotiate the price of a new home you want to buy, but it can also be a time for great interest rates, inspection costs, and closing cost opportunities. Everyone is trying to make the home buying process look attractive to you the Utah County Home Buyer. Even agents like myself are looking to go overboard to find the perfect opportunity for you and are willing to do whatever it takes to make your Utah County home buying experience the best ever.

Now is the time to ask for the terms and concessions that you need or want to facilitate your purchase. If you ask for what you want, you may get everything on your list and then some. Don't be afraid to ask for something that you really don't think would be possible, I have found many things recently that I was amazed, actually came about. Negotiation is a powerful way to buy a home on favorable terms, but don't forget that the seller can nix the deal if he or she believes your demands are unreasonable. That is why it is important to discuss your needs, wants and negotiation strategies with your Utah County Realtor before you make an offer to purchase a home

Search Utah MLS
Utah County Real Estate Utah County Homes Utah Realtor Utah Homes Utah Homes For Sale Provo Real Estate WS Orem Real Estate WS Utah Homes 4 Sale Alpine Real Estate Cedar Hills Real Estate Highland Real Estate Lehi Real Estate Pleasant Grove Real Estate Utah County Home Values Utah County Realtor Utah County Realtors Provo Realtor Provo Utah Real Estate Eagle Mountain Real Estate Mapleton Real Estate Payson Real Estate Saratoga Springs Real Estate Spanish Fork Real Estate Springville Real Estate Utah County Real Estate Utah County Homes 4 Sale Utah County Real Estate 4 Sale Davis County Real Estate Chandler Real Estate Gilbert Real Estate Mesa Real Estate Tempe Real Estate Queen Creek Real Estate Summit County Real Estate Wasatch County Real Estate Washington County Real Estate Salt Lake County Real Estate Weber County Real Estate Springville Real Estate Lehi Real Estate American Fork Real Estate Alpine Real Estate Pleasant Grove Real Estate Heber City Real Estate Midway Real Estate St. George Real Estate Cedar City Real Estate Park City Real Estate Deer Valley Real Estate Utah County Alpine American Fork Cedar Hills Eagle Mountain Highland Lehi Lindon Mapleton Orem Payson Pleasant Grove Provo Salem Santaquin Saratoga Springs Spanish Fork Springville Elk Ridge Davis County Layton Bountiful Farmington Centerville Clearfield Kaysville Salt Lake County Draper Holladay Kearns Midvale Murray Riverton Salt Lake City Sandy South Jordan South Salt Lake Taylorsville Summit County Park City Deer Valley Weber County Ogden North Ogden South Ogden Eden Roy Wasatch County Heber City Midway Cedar City Vernal Kanab Nephi Cache Valley Logan Brigham City Tremonton Washington County St. George Charleston Utah County Foreclosures Alpine Homes for Sale Utah Home Loans
Search Arizona MLS