Tamara Ravsten Real Estate

07/24/2024

UTAH wins the 2034 Olympics!❄️❄️❄️

The Winter Games will make a return visit to Salt Lake City in 2034 while the 2030 Olympics were tentatively set for the French Alps, officials said Wednesday.

09/15/2023

Hey friends and clients! I'm taking a break from real estate for the fall and winter season. I bought my own home this summer before the interest rates went up. Been too busy every weekend doing home projects. I'll keep you posted when I'm back. In the meantime, I'm still watching the market as we are definitely in an interesting time with interest rates and home prices. Stay Focused and most of all, Stay Blessed!💙🙏

05/06/2023

UTAH Tops the list as best US state to live in!👍🌄🇺🇸

This mountainous Western state earns Top U.S. State honors.

04/21/2023

Mortgage rates havent helped existing home sales. They are down 22 from last year.

Existing home sales fell by 2.4% from February to March to a seasonally-adjusted rate of 4.44 million, according to new data from the National Association of Realtors (NAR). On a year-over-year basis, sales dropped by 22% from the 5.69 million level from March 2022. The decline in sales came despite...

04/17/2023

"How's the Housing Market this Week?"

Mortgage rates declined again this week, but many think rates will fall further. Here's why, and what it means for homebuyers and sellers.

03/31/2023

https://www.realtor.com/news/trends/surprising-sign-home-prices-could-plunge-this-summer/

After a few years of flying high, home prices are finally coming back down to earth. Here's why a price decline could be looming.

03/26/2023

Definitely a Seller's Market. Utah still has a shortage of homes on the market. Sellers that have a great interest rate are holding on and buyers who were in mortgage market are stalled to see where rates are going. Interesting time in real estate. Please reach out if i can help in any way if you are buying or selling.

The Utah housing market is slowing down. High mortgage rates have moderated demand slightly. Here's the forecast for 2023.

03/11/2023

FHA news on 40 year loan term👇

The 40-year loan modification rule, which is supported by the mortgage industry, goes into effect on May 8, according to the FHA.

02/07/2023

Core Logic risk assessment.
Keeping an eye on the housing market this year.
May be heading back to buyers market.

CoreLogic just updated its risk assessment for the country's 392 largest housing markets.

02/07/2023

Time will tell soon where the Market is headed. Buyers have a better lookout than a year ago. Reach out if you are looking to buy or sell.😎✌

4 real estate predictions

01/24/2023

2023 looks to be a bit of a bumpy ride for both buyers & sellers. Planning to buy or sell takes some strategic planning. Hire a Realtor to make a smooth transaction.👍

Experts prefer words like “correction” and “contraction” to describe the 2022 housing market, but perhaps best term for it is a “reset” from over two years of the pandemic housing frenzy. What will happen in 2023?

12/22/2022

Interest rates finally fell beneath 6%. Keeping eye on rates to lock in on your home loan can make a big difference in payments. 15 year @5.375% is best deal currently.

Check out the mortgage rates for Dec. 20, 2022, which are mixed from yesterday.