Utah Real Estate Market Conditions

Cornerstone Real Estate has recently listed a new development at Bear Lake Utah, Lighthouse Pointe. This community offers affordable, high quality second homes located near the Pickleville Playhouse at the south end of the lake. There are three different phases of this development, and a model home will be available all summer. They will also be offering lots of free items, gift certificates, free play shows, resturant certificates and such for registering on their websites.

You can also stay updated by becoming a fan of this project on facebook.

When you use Cornerstone Real Estate's internet search features you can also use these on your phone with internet access.

A lot of the time you'll be driving around, and see a home you're interested in. Rather than call the listing agent for info, you can look up the details on your phone if you have an I-phone or similar device. 
 
Simply go to http://phone.utahcornerstone.com 
 
This will prompt you for either the MLS number or the address of the property. Type it in, and you have all our great home search features on your phone! You can search all homes for sale on your phone just like you would on your computer.  

 

Kartchner Homes came to our office meeting today. They have slashed their prices, and have focused on making their new construction homes affordable. The base price of their homes, without lots, is $92,000 for 3 bedroom, 2 bath, 2 car garage, Tri-Level Homes near 1,500 square feet. These homes also come with unfinished basements, that can potentially be 4 bedroom houses. In the Green Meadows and RoseHill Neighborhoods, the base models of these homes can be purchased for less than $150,000. New Construction homes in Logan haven't been this cheap for years.

For more details, or to buy a new or existing home in Logan Utah contact a Cornerstone Real Estate Agent Today.

Right now there are 775 residential Cache County Homes listed on the MLS right now. According to my records, this is nearly a record. In October at one point we had 778 residential homes for sale.

This is good news for home buyers, but not what you want to hear if you're trying to sell a home in Cache Valley.

If the number of homes on the market continues to rise, we can expect a declines in home prices for most price ranges. But if the number of homes on the market starts to decline, as summer sales go up (Traditionally May-September are the strongest home selling months of the year), we may have hit bottom.

It's a great time for first time buyers, to buy with the low interest rates and government incentives. It's also a great time for or buyers who are looking to move up. Any loss you may take on the sell of your current home can be more than made up in the deal you'll get on a bigger home. It's the higher priced homes that are really struggling to sell and slashing prices. There are a lot of sweet deals out there, especially when you consider how much your affordabilty has increased based on the ridiculously low interest rates.

It's nearly impossible to time the bottom of the market, if you're waiting for bottom, you will miss out. Start looking for homes for sale in Cache Valley before you miss out. Click a Link below to Search:
Cache Valley Homes
Logan Utah Homes
Hyrum Utah Homes
Nibley Utah Homes
Providence Utah Homes
North Logan Utah Homes
Hyde Park Utah Homes
Smithfield Utah Homes
Richmond Utah Homes