This blog will provide you with valuable information, tips, and general insight into the real estate market in Northern Utah - Salt Lake City, Layton & Hill AFB, Greater Ogden Area.
Kim Novak's Daily Real Estate Blog News, Trends & Discussions About The Real Estate Market in Northern Utah
http://kimnovak.featuredblog.com
In November of 2009, I wrote a blog post entitled Was the Tax Credit Extension a Good Idea?Here is an excerpt:In my opinion, tax credits have become subsidies distorting the real estate market. I believe that any further extension or expansion of this program, with the exception of those benefits du
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Please let me know, by January 5th, if you would like to join me! I have four extra tickets available for non-Realtor ® guests. If you’re thinking about buying or selling a home, this event would provide much more relevant, decision making information than the news you get from any of the nati
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Although it will be quiet through the week leading in to the new year, January 3rd, the first business Monday in 2011, will bring renewed activity to our real estate market. All indicators point to a January 2011 that will bring with it stabilization of home values and the quantitative beginnings of
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The news contained in this report is simply that 2011 will continue to be a strong buyer’s market. Sellers who have been holding off listing their homes for sale, anticipating real estate values to recover, are going to have to wait at least 12 – 18 more months to see any improvement. It
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Update on KeyBank’s 100% Financing Program:In my last post about this topic, I referred to this as a “new” program. After meeting with Kristin Shields and Will Mullin, KeyBank Mortgage Advisor and Relationship Manager respectively, I know now that Key has had this program in place
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I have always been under the impression that the utilities must be on and the furnace, water heater, etc must be in operating condition when a VA appraiser appraises a home. Apparently, that isn’t the case. It is true for FHA appraisals, but not VA.This morning, I received a telephone call fro
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I’m looking forward to a luncheon at Key Bank on Thursday, December 16th, as they introduce their new 100% financing loan product. .25% rate add, no mortgage insurance, 620 FICO score with no lates in past 12 months, income cap at $51,000. No first time homebuyer restrictions.Hope this provide
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Press Release Finally, I’ve found the actual FHA regulation, a clear and concise breakdown of the waiver of FHA’s Anti-Flipping Rule. Surprisingly, the FHA ruling is quite simple reading, with easy, common sense conditions to meet. If any of you are dealing with individual lenders and th
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Absolutely the cutest house in town! Beautiful hardwood flooring, carpet in near perfect condition. Updated Americana themed kitchen, big dining area remodeled bathroom with cultured marble tub surround. Gas log “wood”stoves in living room & approximately 12′ x 25′ master
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As a CDPE ® serving the communities surrounding Hill AFB UT, I compiled this handbook to aid my active duty, prior service and retired military clients understand their options to overcome obstacles created by the current mortgage and housing crisis. Click Here for a copy of my handbook.Although the
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