Armstrong, Flinders & Associates Realtors PLLC

07/24/2022

05/01/2021

Brand New Listing Today! Call us if you have anyone who needs to see this.

This house has just been repainted and refloored (New Carpet and new LVP) by the owners in preparation for this sale. It is beautiful. Three tone paint, Neutral textured short nap carpet, many new light fixtures as well. The yard is super cute with so many trees in blossom. It has a HUGE roofed deck...

04/23/2020

This home is beautiful. All updated, new windows, paint, updated cabinets... just beautiful but the best part of what is already a very attractive package is it's location (and the schools the location affords) just three houses outside of Lindon on the hill in NE Orem.

This single owner home has been meticulously cared for and updated over the years. It is in a fantastic highly sought after Orem Neighborhood on the east bench just a house or two away from the Lindon Border. Excellent schools are just the beginning. Convenient to everything and the entire neighborh...

10/29/2019

The Pleasant Grove Mothra Bat...

12/24/2018

Shot this with our Inspire 2/X7 Drone... Love night time shots for marketing as well.

12/19/2018

Christmas Star with Colored Sparkle for Michael Madsen.

12/15/2018

David Hartle, a member of our community put these lights up on our mountain for Christmas.

12/03/2018

This is one of the big economic drivers in our County... The heart of Silicon Slopes. I hope we can figure the traffic issue out soon. Check out the crane about 2/3rds of the way through the film... I was surprised when I saw it as I was flying backwards and I knew it was there but figured I was higher. Big crane...

11/27/2018

My buddy wrote this update but it is valid and dead on.

The Utah market is definitely going through some changes right now that are worth mentioning. These are the main issues we're seeing right now....

-Homes are staying on the market for longer periods of time. The supply of homes is coming somewhat back into balance with demand and the rapid appreciation we've seen earlier in the year and over the past five years is not currently happening. This is due largely to seasonality and amplified by increasing rates.

-More homes are dropping their prices this week than are going under contract. This is crazy to me! This hasn't happened in a long time. It's a lesson that you can't just put a house up for sale at whatever pie-in-the sky price and expect it to sell. More evidence that the market has slowed down.

-As the market shifts slightly, clever billboard companies masquerading as industry insiders will become even less effective.

-The median sold home value on the Wasatch Front MLS is $301k. Last year at this time it was $270k. That's 11.4% appreciation since last year at this time. Is this sustainable? Not likely, I think. And I certainly hope it won't. Some people fear that this is a bubble and we're headed for a repeat of the recession we dealt with in 2008-2012. Not so. That recession was caused in large part by bad loans, stated income, rampant speculation, etc. The current market's growth is based on the nation's top economy in Utah, tons of jobs coming here and robust population growth. All these people need a place to live and the new construction is doing it's best to keep up with the demands.

-Interest rates are up right now and likely to keep climbing. Hovering around 5% (happy to get you in touch with our preferred lender for the day's current rates).

-High prices and rising rates are pricing a lot of people out of the market and they're just deciding to stay put or rent.

-If I were thinking about buying a home, NOW is absolutely the time to do it. The odds of getting into a multiple offer situation with 5-10 buyers are way down, prices at the moment are not skyrocketing, and it's only going to get less affordable when rates go up and if homes start appreciating again in the spring.

-With the market changing, it's more important than ever to have a professional on your team who is able to help you determine the reality of the market, and to help you make the right decisions for yourself. If there's anything our team can do for you, send us a message or call!