Wednesday, October 29, 2008

Open Houses: November 1st 2008.

Cache Valley Open Houses: November 1st, 2008

Cornerstone Real Estate is having a power open house on Saturday November 1st. The majority of the homes will be open between 10:00 and 12:00. These houses are priced between $123,000 and $469,000. These homes come in a variety of styles and are located from Clarkston to Wellsville. For more information visit: Cache Valley Open Houses

Sunday, October 19, 2008

Why the Economy and Housing Market are Stumbling

This video is obviously politically driven, and I don't know exactly how accurate the accusations are, but all in all it sums up exactly why the Housing Market and Economy we're in are in such bad shape.

Friday, October 10, 2008

September 2008 Home Sales Numbers

Ninety-Nine residential homes were reported sold on the Wasatch Front MLS for September in Cache County. This is three more homes than were sold in September of last year. The average price of these homes was $187,158, and the median price was just $162,000. Currently Cache County has 768 active residential homes for sale. These properties have a median list price at $210,000 and an average list price of $257,000.

It's still a buyers market in Cache County, but our year over year sales numbers are starting to improve.

View all available homes for sale at: Logan Utah Homes for Sale

Tuesday, October 7, 2008

Cache County Home Sales Stats

This shows the comparison between average home prices in Cache County for the last thre years. Overall, the average price of homes clearly rose in 2007. The numbers between 2007 and 2008 show that Cache County Real Estate has remained fairly stable.

This graph shows the comparison between home sales numbers last year vs. this year. Through 9 months home sales are down 18% compared too last year. In September home sales were as good as a year ago. I expect this trend to continue. It was a little over a year ago that the market started to shift. From here on out our home sales should be at least as good as they were a year ago.

Wednesday, October 1, 2008

Preforeclosure: Below Market Value

This house is a deal. It was under contract but the sale failed. Bank has approved a short sale amount of $139,000. Great starter or retirement house.