Dan Evans Your Utah Realtor

09/23/2022

Due to positive economic indicators, the NBER does not expect a recession to occur. Here are two main points as to why the situation is not as bad as it seems.

A contracting economy typically means a recession, but other economic indicators are likely to mitigate the effects of the slowing economy, says NAR’s chief economist.

09/21/2022

3 out of 4 homeowners say they would buy their present home again if they had the chance. The majority of homeowners have no regrets about their home purchases. Here's the most recent poll from Bankrate.com.

Seventy-four percent of Americans say that owning a home is a higher gauge of prosperity than having a successful career or even raising a family.

09/19/2022

We are seeing that home inventories are improving slightly. As shown in the Realtor.com®’s data, active inventory increased by 8% on an annual basis for the first time in nearly 3 years. If you're a buyer, read this!

Realtor.com®’s May housing data release reveals a major turning point in inventory, with the count of home listings actively for sale growing compared to last year for the first time since mid-2019.

09/16/2022

Attom Data predicts that the number of equity-rich homes will continue to rise. In Q2, equity-rich mortgaged homes made up a record 48.1% of mortgaged properties, up from 34.4% and from 44.9% in Q1.

(Bloomberg) -- Home ownership has reached a milestone in the US.Most Read from BloombergChina Likely Fired Missiles Over Taiwan in Drills, Japan SaysHow a Celebrity CEO’s Rule of Fear Helped Bring Down Hot Startup ZilingoSneakerhead Accused of Running Huge Air Jordan Ponzi SchemeNearly half of mor...

09/14/2022

1 out of 5 homes on the market has had a price decrease. This does not imply that prices will continue to drop, however, may suggest that the rising prices will lessen and a more balanced market may arise.

The market is reaching a turning point in which price reductions are more common. But that doesn't mean homes can't still appreciate in value.

09/12/2022

It's natural for parents to step in when their children require assistance. Since rental prices are so costly, the "bank of mom and dad" is supporting their adult children in purchasing their own homes. Let's get in touch, parents ➡️

09/09/2022

️Do you plan to buy your first home? Here is the forecast for prospective first-time homebuyers. This may assist you in deciding whether you should enter the market right now! #️⃣Answer=YES!

First American Economist Ksenia Potapov examines how the affordability shock has impacted potential first-time home buyers and identifies the cities where they can find a greater opportunity to become a homeowner.

09/07/2022

Do you think it's time to remodel your home? Before you make a decision, take a look at this article to learn more about what to expect so you can make better decisions. Stay informed!

09/05/2022

Real estate investors scooped up record number of homes this spring!

Investor purchases made up 9.5 percent of home purchases nationally in April, an increase of 64 percent from 2019 levels, according to Realtor.com.

09/02/2022

Buy the home. Rent the rate! #️⃣first-timehomebuyers

First-time homebuyers found it increasingly challenging to fulfill their hopes of achieving the American dream of homeownership as home prices continued to soar, inventory continued to decline, and the market remained competitive. According to the National Association of Realtors, first-time buyers....

08/31/2022

It’s vital to be aware of widespread myths if you intend to buy or sell a home. There’s a big possibility that you’ve seen or heard some reports about the real estate market that don’t reveal the whole story. This notion can give buyers and sellers the wrong impression, confuse or misinform ...

08/30/2022

While homes are still selling quickly, many markets are experiencing a setback. Some sellers are having to reconsider their asking price due to increased mortgage rates that are pricing out more buyers. Link below!

Homeowners are resetting their price expectations as signs grow of a slowing housing market.