McOmber Team Real Estate

03/01/2026

45 years together and still not tired of each other, that's love! Happy anniversary Mike 🩷🩷

08/24/2021

What a great home. Hurry, it will be gone before the weekend!!

WOW! Come take a look at this gorgeous remodeled home. New laminate floors, new kitchen, new bathrooms, new roof, updated furnace, A/C, windows, water heater. 4 levels in this home. The main floor boasts a formal living rm, big dining rm, kitchen & family rm. Beautiful new laminate flrs. Kitchen wit...

10/23/2020

Prepare your home for this weekend's low temperatures! The current low for Sandy on Sunday is 17º. This temperature can cause damage. As we work to prep our parks for the drop in temperatures, here are some tips to prepare your home. Disconnect your hoses from outside faucets. If your irrigation system has anything above ground with water in it like Back Flow Preventer, Drip Irrigation Valves, Irrigation Valves, etc., we recommend you drain them. Turn off your stop & waste valve or the valve in your basement providing water to your sprinklers

05/05/2020

Another New Listing. Our market is not slowing down a bit!

ABSOLUTELY GORGEOUS HOME! Former Dakota model home. Great curb appeal with an inviting large covered front porch located on a quiet cul-de-sac. Vaulted entryway, formal dining/living or office of entrance. Big great rm w/corner gas frplc. Kitchen features black staggered cabinets, granite counters,....

04/11/2020

Article from the SL Tribune. Market is still strong!

EXPERT ADVICE: UTAH ASSOCIATION OF REALTORS

Is It Still a Good Time to Buy and Sell?

With all that's happened over the past few weeks, you may be wondering whether it makes sense to buy or sell a home right now. While the answer to that question depends on each family's circumstances, there are many reasons why it still makes sense to get in the market, even during this unprecedented time.

Low mortgage rates are expanding purchasing power

First, interest rates are incredibly low. Freddie Mac reported Thursday the average rate on a 30-year fixed-rate mortgage was 3.33%. That's down from 4.12% last year. For a buyer purchasing a $300,000 home, that lowers their payment by more than $100 each month.

There's also a possibility rates may get even lower. Here's what Freddie Mac's chief economist, Sam Khater, said about the current interest rate situation: "While mortgage rates remained flat over the last week, there is room for rates to move down," Khater said. "This year the 10-year Treasury market has declined by over a full percentage point, yet mortgage rates have only declined by one-third of a point. As financial markets continue to heal, we expect mortgage rates will drift lower in the second half of 2020."

Market is still active

Even though there has been some slowing in the market in light of COVID-19 and the economic uncertainty, real estate sales are still moving.

Over the last seven days, the average number of under contract listings on UtahRealEstate.com was actually about the same as last year: 48,416 in 2019 versus 48,411 in 2020. In March, there were more under-contract listings than in the four years prior.

Closed sales in March were down slightly from 2019 but remained close to the housing activity seen over the past four years.

Anecdotally, Realtors say they are still selling homes. What's changed is they are typically working with serious buyers and sellers rather than those who are casually looking.

Home prices should hold steady

Real estate markets in Utah were extremely hot before COVID-19 hit. They were so hot, in fact, that there was a record low number of properties on the market in February. Because there were too many buyers for too few houses, a possible reduction in buyers is okay. In fact, many who found it incredibly difficult to purchase a home previously because of the intense competition will be relieved to have a market that's not quite as hot.

As of Thursday, inventory remained low. From April 2-8, the average number of active listings each day was still about 700 homes fewer than in 2019.

The chief economist of the National Association of Realtors, Lawrence Yun, spoke to Realtors this week about the housing situation. He said that even if home sales fall in the short term, he believes the market will have a strong rebound after this crisis. He expects home prices to remain stable because there was a housing shortage before COVID-19.

"Home sales will decline this spring season because of unique economic and social consequences resulting from the coronavirus outbreak, but much of the activity looks to reappear later in the year,' Yun said. "Home prices will remain stable because of a pandemic-induced reduction in inventory coupled with less immediate concerns over foreclosures."

The real estate market is changing daily. Make sure to talk to a local Realtor to get the latest information about what's happening in your area. Find one at UtahRealtors.com.

03/12/2020

OPEN HOUSE THIS SATURDAY, March 14th 11:00 till 1:00!!

Amazingly Large 4 Bd/4Ba Holladay Townhouse Condo. Very Light Bright & Spacious. 2 spacious Master Suites! One on main & One Up! Upper Suite has an inviting fmly rm w/Frplc w/Mtn Views. Upper Mstr has a shaded balcony with a perfect view of Mt Olympus. Both Mstrs have Large Bthrms w/sep tub & shower...

02/24/2020

Brand new listing! Absolutely stunning home that backs green space and the Golf Course!

Stunning two story home in a great Draper location! Backs to open space and So Mnt. golf course. Vaulted beamed ceilings, brand new high end carpet, solid wd doors & moldings. Frml lvng rm w/plantation shutters, 2 story great rm w/stunning frplc, huge wndws for lots of natural light. Semi formal din...

01/28/2020

Here's an update on what went on the 4th Quarter of 2019.
The median single-family home price in Salt Lake County in the fourth quarter increased to $378,000, up 8 percent compared to a median price of $350,000 in 2018's fourth quarter.

Strong demand for homes is being driven by net in-migration and population increase. In 2020, it is projected that Salt Lake County will add 13,700 people to the total county population, according to the 2020 Salt Lake Housing Forecast Report. New housing starts have lagged household formations, creating a housing deficit that continues to push prices higher. According to the Utah Housing Gap Coalition, over the past 10 years a 54,000-unit gap has accrued between the number of Utah families or individuals needing housing and the supply of housing units available.

Median home prices increased across all Wasatch Front counties including: Davis, up 9 percent; Tooele, up 12 percent; Utah, up 6 percent; and Weber, up 7 percent.

The top 10 highest median prices in the fourth quarter by ZIP code area were:
1. Alpine (84004) $752,500, up 30 percent
2. Emigration Canyon (84108) $646,500, up 24 percent
3. Avenues (84103) $644,000, up 14 percent
4. Eden (84310) $578,000, up 9 percent
5. Draper (84020) $570,000, up 8 percent
6. Sandy (84093) $533,500, up 11 percent
7. Holladay (84124) $528,500, up 11 percent
8. Sandy (84092) $518,500, up 10 percent
9. South Jordan (84095) $510,000, up 4 percent
10. Sugar House (84105) $497,430, up 11 percent

The five most affordable ZIP code areas were found in South Ogden ($237,250); Farr West ($252,500); Roy ($260,000); Glendale ($263,000); and Magna ($272,500).

Sales of single-family homes in Salt Lake County were up 1 percent in the fourth quarter year-over-year. Davis County sales increased 3 percent. Tooele County sales were up 7 percent. Utah County sales increased 11 percent. Sales in Weber County were up 4 percent.

The typical Salt Lake home was on the market 45 days in the fourth quarter before it sold, up from 40 days in 2018's fourth quarterAlicia Holdaway
President, Salt Lake Board of Realtors®

01/07/2020

High end remodel, better than new!! Secluded location in the back with private common area right outside your front door with no neighbors looking in! New flooring, lighting, interior drs, railings, kitchen with light up cabinets, brushed stainless appliances,farmhouse sink, and a huge pantry. Real....

10/26/2019

You'll love this energy efficient modern, 2-story home. It has solar panels, tankless wtr htr, highend furnace. This stunning 4bd/3.5bath home has lots of wndws and natural light. It includes an oversized 16x20 large master suite with a private master bath and walk in closet. The kitchen comes equip...

10/15/2019

Beautifully remodeled townhome! Come take a look Saturday at our open house 11-2!

Better than new-totally remodeled townhome located in the back of the complex. This large open concept unit has been updated throughout to include lots of additional lighting, new int. doors,new kitchen with great layout,brushed stainless appliances and farmhouse sink.Real hrdwd flooring on main and...