Wednesday, July 11, 2012

3 Reasons to Move and Buy a Home in Utah


From RockyMountainMovers.net

According to a report by the Utah Association of Realtors, home sales in July 2011 rose 16.4 % as compared to July 2010.

Here’s why:

1) Affordable
The National Association of Home builders reported that Salt Lake City reached a seven year high for home affordability. 79% of homes sold in the second quarter of this year were within reach to families that make median area wages.
2) Favorable Conditions
According to Amber Wykstra loan production manager for Bank of Utah,
“Some people have been hesitant to buy a home because of the instability of the national economy, but certain favorable conditions in Utah’s housing market have created a great window of opportunity for those anticipating buying a new or existing home.”
3)  Low Interest Rates
Eric Allen, director for the Utah/Idaho Metro study said, “The combination of low interest rates and falling home prices have resulted in a prime environment for potential buyers to find affordable properties.”
Mortgage rates have been at record lows for months averaging 4.15%. Utah’s housing market makes it a great time to buy right now with low interest rates and affordable pricing. Consider using Utah movers after you purchase to move into your new home!
To follow this article and others written buy Rocky Mountain Movers go to: http://www.rockymountainmovers.net/uncategorized/3-reasons-to-move-and-buy-a-home-in-utah/

Monday, April 30, 2012

Utah's Real Estate Market Update


Update On Utah's Real Estate Market

Monday, March 5, 2012 - Article by: Linda Miller 

In Salt Lake County previously occupied homes sales rose in January to the highest pace in five years. This is similar to what is happening nationally and it is offering a hopeful sign that there will be a good spring buying season.
Last month's home-sales total was the highest since January 2007. And although sales are up prices are not. In January the median home prices in Salt Lake County fell to $171,000 from around $220,000 in January, 2007. Nationally, home sales have risen nearly 13 percent over the past six months and analysts suggest slow but steady improvement.
However, while home sales are trending up, home prices are not. As in Utah, nationally prices are still falling. However, on the positive side the pace of the decline seems to be slowing.
The supply of homes on the market in Utah has declined to 6 months which is consistent with a healthy housing market. Fewer homes on the market could help boost prices over time. Most economists are encouraged but also caution that the damage from the housing bust is deep and it will take years to fully recover.
With historically low mortgage rates, home builders and real estate professionals are more hopeful because more people are saying they are considering buying this year. Much of the optimism has come because hiring has picked up. Unemployment in Utah is well below the nation with 6.3%. If you are in a situation where you have good employment and a good credit history, now is the time to find out what it would take to get a home loan. While lenders have really toughened up their guidelines, good credit and good job history can put you in a new home.
Today's Best Available Rates in Utah
-30 Year Fixed Conventional - 4.00% but with higher closing costs you can get 3.875%
-30 Year Fixed FHA/VA - 3.75% with higher closing costs. 3.875% with no origination fee
-15 Year Fixed - 3.375%
The Best Available Rates are generally for those borrowers with excellent credit (740 plus) and 80% loan to home value. Mortgage insurance applies to conventional loans over 80% loan to home value and for all FHA loans.
Click  below to read entire article:

Friday, February 17, 2012

Tips to a Quality Paint Job with Less Cost



8 Tricks to a Pro-Quality Paint Job
What to know before you pop the lid...
Quite simply there is no quicker, less expensive way to revamp a space.








1. Pick Your Paint Type:
Water-soluble latex is DIY-friendly because it cleans up with soap and water and dries quickly. Oil paint dries slowly and requires mineral spirits for cleanup, but it hardens into a very durable finish.

2. Choose Your Sheen:
Flat and low-luster paints give a rougher surface that hides flaws; glossier finishes highlight imperfections but for a smoother, more water-resistant surface that can stand up to the high traffic and moisture-think kitchen and bath.

3. Start with Good Tools:
Look for brushes with bristles that are tapered, split and arranged in multiple lengths to for a slim tip. A mix of nylon and polyester will hold and release latex paint particularly well, while natural bristles work best with oil based paints. With rollers, match the nap to the surface texture: 3/8-inch to 1/2-inch nap for most drywall.

4. Invest in Quality:
Cheaper paints and primers swap more pigment for costlier resin, so they cover walls well when wet but show bare spots as they dry. Quality primers, such as those from Zinsser, will adhere to glossy painted or stained surfaces without sanding, ultimately saving you time and money.

5. Prep:
To make the job easier, take the time to clear out the room and cover floors and fixtures with drop cloths. Spackle any damaged drywall, scuff and sand the surfaces to be painted, and vacuum up all the dust. Wipe down ceilings, walls, and trim with a damp sponge. Finally, prime the entire surface.

6. Cut In:
Use a 2 1/2-inch angled brush to pint the border of the area you're working on. Framing in your field this way buffers the roller from mussing adjacent surfaces.

7. Learn to Lay Off:
After you've rolled a section, make a series of long vertical strokes up the full length of the wall, moving in one direction (left or right). This last step, called laying off, will distribute wet paint in a nice, even layer.

8. Score Carefully:
If you've masked off baseboards with painter's tape, pull it off the same day you paint-but first run a putty knife blade held at a 45 degree angle along the edge so that you don't accidentally pull away any paint.

This Old House: Your New Home, "8 Tricks to a Pro-Quality Paint Job". Pg. (14) Spring 2011

Wednesday, February 1, 2012

How Well Are You Covered?

What you should know about Homeowners Insurance...

Properly Insure Your Home
Most insurance companies recommend that your policy covers 100% of the replacement cost. If your home is financed, many mortgage banks will have minimum coverage requirements.
Consider the following:



1. Estimate the cost to rebuild:
Ask your real estate agent or mortgage representative for average local building costs and
multiply it by the square footage or your dwelling.

2. Account for the value of your personal possessions:
Determine the amount of coverage needed to replace the contents of your home with new items at current prices if everything were destroyed.

3. Learn about the geology of the area you live in:
Review your policy's exclusions statements. You many need supplemental coverage for natural disasters or other hazards unique to the location of your home.

2010 Buffini & Company. All Rights Reserved. Used by Permission. HDTG CAP 3

Wednesday, January 25, 2012

Beautiful Fine Home: This Home Has it All!

Elegant home in private gated Creekside Community. This home has it all!! Great views of the lake and temple, stunning master suite, fantastic open floor plan, upgrades galore, huge garage, sport court, gym/fitness area, large theater room, too many amenities to list - see attached flyer for a full list. Community has a private 4 acre park with basketball/volleyball courts and playground equipment.

Click here to view Photo Home Tour


Wednesday, January 18, 2012

10 Deadly Mistakes Buyers Make When Purchasing a Home

1 Not choosing a real estate agent who is committed to forming a strong business relationship with you:
Making a connection with the right real estate agent is crucial. Choose a professional who is dedicated to meeting your needs before, during and after the sale.






2 Not getting pre-qualified before making an offer on a home:
Prequalifiation will make your life easier. Take the time to speak with bank or mortgage representatives. Their evaluation of your income, financial obligations and other factors will help determine a price range that will fit your budget. This is one of the most important steps on the path to home ownership.




3 Not knowing the total costs involved:
Early in the buying process, ask your real estate agent or mortgage representative for an estimate of closing costs. All expenses including title insurance, homeowners association dues and prepay responsibilities should be considered. Remember to examine your settlement statement prior to closing.


4 Not searching beyond open houses, ads or the Internet:
Many homes listed in magazines or on the Internet have already been sold. Your best course of action is to contact a real estate agent. They have up-to-date information that is unavailable to the general public, and are the best resource to help you find
the home you want.







5 Not considering alternatives for what you think is the perfect home:
Buying a home is a process of elimination, not selection. New properties arrive on the market daily, so be open to all possibilities.









6 Not contemplating long-term needs:
It is important to think ahead. Will the home and the terms of themortgage suit your needs 3-5 years from now? How about 5-10 years?



7 Not following through on due diligence:
Make a list of any concerns you have relating to the home and the community, such as crime rates, schools, power lines, neighbors and
environmental conditions. Ask the important questions before you make an offer on a home. Be thorough so that you can have confidence in your purchase.


8 Not having a home inspection:
Trying to save money today can end up costing you tomorrow. A qualified home inspector will reveal potential issues that
may affect your purchase decisions.









9 Not examining insurance issues:
Certain problems with the structure, condition or location of a property could affect its insurability or the cost of coverage. Consult an agent early in the buying process to avoid surprises and to choose a policy that best fits your needs.






10 Not purchasing a home warranty:
This is essentially a protection plan that usually lasts one year from the date of sale. It typically covers the repair of a home's major systems and appliances, and can be purchased for a nominal fee with the option to renew annually. Your real estate agent can
help you identify the right home warranty.

Thursday, October 13, 2011

Get Your Home Ready for the Holidays...or Selling!

Avoiding Hell's Kitchen
June 23, 2011 -- Realty Times Feature Article by Broderick Perkins

Consumer Reports recently combined its rigorous product testing routine with advice from real estate agents to determine what makes kitchens hot -- other than the oven.

CR July edition's "Your New Kitchen" special report engaged real estate agents in order to pinpoint features that help sell kitchens and, by association, the home.

The report, which includes ratings of 400 appliances, kitchen materials and a look inside stores that sell them, is worth the nominal price of a subscription you'll need to read the full article in print or online.

And you can use agents' advice to help guide you in your kitchen improvements. Here's a peek.
Functionality is a must.

In today's hurry up world, households often need to get into the kitchen, get out and get on with their lives. The kitchen also doubles as the home's primary entertainment and gathering space.

In line with research from architects and home builders, agents say kitchens integrated with family living space is the best of two worlds in one.

Such a "great room" with an open floor plan is both inviting and functional with plenty of space for preparing meals, entertaining, watching Blu-ray movies and using and charging electronic devices from cell phones and computers to iPads and Zune MP3 players.

Space permitting, and appropriate to the scale of the room, kitchen islands are big sellers, but under-cabinet and wall-chimney hoods are better than downdraft island systems, CR said the agents advised.

Appliances should reflect the same form and function as the kitchen. Stainless steel or black appliances may not be a good fit for a restored Victorian or Cape Cod, but French-door fridges with external ice and water dispensers and ultra-quiet dishwashers are big.

Saving energy is paramount.

Appliances should be Energy Star rated to help keep utility bills down. Also, buyers want to know if the owner has made other energy-saving improvements, including adding insulation and plugging leaks.

Natural lighting with ample windows, including an exit to a patio or backyard is important, but not just for letting the sun shine in and making the outside connection. Insulated, heat-reflecting windows and doors help keep heated air in and cold air out when it's freezing outside and cool air in and hot air out when it's simmering outside.

Using sustainable products likewise helps save energy in the long run, but be sure the material isgreenest. CR says some bamboo floors outperform wood, but bamboo countertops "aren't ready for prime time." Likewise, reclaimed timbers was among the worst materials for floors.

Practicality sells.

For countertops, granite and quartz are easy to clean and, as such, tops, but you'll have to reseal granite from time to time. Laminate resists impact better than stone, but you can save by getting granite or quartz remnants at stone yards, salvage or reuse stores, CR reports.

Also, because countertops are a focal point in the kitchen, they leave a lasting impression about the rest of the home. Don't sell your home with outdated, marred or damaged countertops.

Agent say, when it comes to upgrading the kitchen the bottom line is don't over do it, but also don't do it on the cheap.

For example, opulent faucets can cost you a mint and look great, but the cost has little to do with performance, CR reports and you aren't likely to recoup their cost when you sell, agents added.

In another example, an agent said, a laminate counter and linoleum floor can save you money, but the combo could be a deal killer if the kitchen is in an upscale home.

Friday, September 9, 2011

Monday, August 15, 2011

Be the Best on Your Block

The 7 essentials to boost curb appeal (and bragging rights)

*Taken from “This Old House: Your New Home, Spring 11’ Pg. 7

1 Highlight with Paint:

Set off architectural details and textures by painting them in separate colors. Moving away from a monotone palette brings definition, and choosing historically appropriate colors enhances character.





2 Spruce up the Siding:

See that clapboards, shingles, or masonry sheathing are in top condition. They add color, texture, and polish to your home’s exterior.






3 Perk up Windows:

Trim windows in a contrasting color to the siding, or add window boxes or shutters to highlight them. Breaking up the façade in this way creates interest.





4 Liven up the Landscaping:

Plant layers of greenery and bright blooms-along the walk, in hanging pots, and in window boxes. Nothing offers such a cheery “hello” from the sidewalk.




5 Roll out the Red Carpet:

Create a welcoming walk to your front door with brick or stone pavers flanked by plantings, and the stroll to your entrance becomes an event.




6 Play up the Porch:

Replace metal poles with period appropriate columns or posts, repaint railings, and lay wood over a concrete slab to warm up a porch or portico. Don’t have one? Start collecting ideas and add on when the budget allows.



7 Tend to the Roof:

Keep tabs on the state of your wood shakes, asphalt shingles, or tiles to make sure they’re in good repair. Not only does the roof protect all the other architectural details, it’s very visible.

Friday, August 12, 2011

Floor the Competition!

Buyers entering your home usually look down before up. That first step is vital for making a great first impression. It’s one reason why more people are installing hardwood floors in their home. Hardwood flooring enhances the look of any room and can create a classic ambiance that will beautify the interior design of your home.
Residential real estate agents agree that homes with wood floors hold their value better, sell faster and fetch higher prices. Last year, 99% of real estate agents responding to a national survey conducted by the National Wood Flooring Association agreed that homes with hardwood floors are easier to sell. Also, 82% believe they sell faster and 90% sell for more money.

The American Hardwood Information Center adds that restoring hardwood flooring in the home is one of the best long-term investments one can make. “Hardwood floors are environmentally friendly, forever fashionable, and will last for generations,” said Pembroke Jacobs, president of the Hardwood Manufacturers Association. “Plus, with an expected life span of up to 100 years for certain premium hardwood flooring, you can be assured that the hardwood really is a one-time investment with a very long-term payoff.” Real estate agents agree that carpeting does not impress potential buyers, but hardwood floors are always a draw.

Engineered wood floors impart warmth, depth and richness that can’t be matched by carpeting, tile or vinyl flooring. Despite the existence of modern architectural trends in flooring, hardwood still competes with tile and other materials. It comes in a variety of colors and grains; light, medium, or dark shades; and a variety of sizes, styles, finishes and species. Maple, mahogany and oak are the most popular woods, but some homeowners are investing in exotics such as Brazilian cherry and purpleheart.

The EPA claims that indoor air quality is one of the top health threats.Wood floors can help contribute to a healthy living environment. In fact, a recent EPA study found that pesticides used in gardens and homes accumulate on floors and other surfaces in the home. But wood floors greatly reduce the accumulation of such toxins. Hardwood floors also do not trap or harbor dust mites or molds like carpet. Though wood floors will probably need to be refinished at some point, they properly taken care of they are much easier to maintain than other floor surfaces.

The NWFA recommends regula
r sweeping of hardwood floors with a soft-bristle broom or dust mop to remove surface dirt and debris. If your floor contains beveled edges, it recommends using a vacuum with a soft bristle brush attachment to remove dirt and debris from between the floor boards. Hardwood floors could make the difference between a sale or watching a potential buyer walk out the door.

Friday, July 29, 2011

What Can Woodley & Associates Offer You?

Woodley & Associates are highly skilled professionals in the real estate industry. They have 18 years of experience and are known for their skill, knowledge and ambition. Woodley & Associates take their career and client’s investments very serious. The team is professional and each person fills a specific roll which keeps the office running smoothly and efficiently.

What can we offer that helps give you an edge in selling your home?

-Fine Home Brochures
-Custom Post Signs
-Cutting Edge Technology
-QR Code Readers
-Professional Photography
-Ads in Wall Street Journal
-Featured in Local/National Magazines
-Home Staging
-Weekly Market Activity Listing Reports
-Web Presence on Google, Yahoo, Utah Real Estate and more




Get an Edge on Buying/Selling Your Home

Thousands of Utah Real Estate buyers use us to search for the perfect home. We have ALL Real Estate Listings in your area. You'll get access to maps, virtual tours, new listing notices, price changes, neighborhood reports and more.

Our search results return all homes on the market regardless of who is the listing agent, you'll get to see them all!

Woodley & Associates (801) 361-9333
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