Showing posts with label good news. Show all posts
Showing posts with label good news. Show all posts

More Great News on the Housing Market!













Great news from FOX Business about the national market economy! Check it out and make sure that you don't miss out on this chance to take advantage! Also, follow the link below for local market statistics.

Inventory: 12-month low. Home prices: 12-month high! Sell yours now!!!

For Washington County, the statistics continue to show that now is the time to sell your home! Because of the low amount of inventory, there is less competition to get your home sold. However, the prices are rising...higher than in the previous year! View market statistics by clicking on either graph below, or contact the Gatchell Group to sell yours today!

Contact the Gatchell Group

View current market statistics



The time to sell is now! Check out these statistics!


The graph above shows Sale to Original List Price Ratio. The month of April reported a 96.8% ratio, which means that those who sell their home now are getting it sold for a higher asking price than in the last year!

For more current market statistics click here

For more on selling your home with the Gatchell Group click here

Market statistics show the largest increase since 2006!!!


National statistics show that the year-over-year comparison from 2012 to 2013 show a rise of 9.3% in home prices. This is a determining factor in momentum of the real estate economy. The 9.3% raise in prices is the largest in 7 years!

Short version: The time to buy AND sell is now!!!

Forbes Magazine: Now is the time to buy and sell!


Forbes Magazine recently published an article about the Spring season of buying and selling real estate. If you're contemplating whether right now is the time to buy or sell...this is an article for you!

"In 2012 residential real estate contributed its first positive year of gains to the overall economy since 2005, and the Federal Reserve has repeatedly called housing a “bright spot” of the economy."

Mortgage Rates Increasing... Time To Buy Now!



To read the entire article click here.

Re/Max Housing Market Report


Above is the comparison from last year at this time to this year. Also, below is more great news from the ReMax National Housing Report.

“It’s clear that the housing recovery is real and is moving full-speed ahead into 2013,” said Margaret Kelly, CEO of RE/MAX, LLC. “Consumers recognize that we’ve hit the bottom, and real estate is offering some great opportunities with low prices and low interest rates. This is an attractive combination that most of us will never see again in our lifetimes.”

To view entire article click here.

Check Out Our New Website!

SouthernUtahSold.com...the premier real estate website in Washington County has just been completely re-designed to provide for you the latest and greatest promotions in Southern Utah real estate and much, much more! Click anywhere on the image below to be directed to this new innovative site!

 



Save Gas Money! Download this App!

The Facts about Credit...A Must Read!

Recently an article was published describing what the common citizen does not know about credit. Below are some facts that you may want to note to take advantage of such a financial luxury.

"Your credit score is one of the most important numbers you have. Not only does your score affect your interest rates when applying for a loan, it can also impact your insurance rates, certain job prospects and even your chances of renting an apartment. As a result, improving one's credit has become a multi-million dollar industry."

How long will dings to your credit be held against you?

How to improve your credit now?
1) Review your credit report once a year
2) Report any errors that you find
3) Eliminate debt

For the entire article please e-mail sggroup@southernutahsold.com  


Economic Summit Forecast: "Real estate market turnaround in works""



GOOD NEWS!!
The premier business planning event of Southern Utah and its experts predict renewed stability and overall increase in the local real estate market. Below are some quotes from keynote speakers...


 

"We’re seeing the construction industry starting to pick up its pace... We’re selling what we have and jobs are coming back." 
-Vardell Curtis, CEO-Washington County Board of Realtors




 "Finally, the housing market--both existing homes and construction of single-family homes--are participating fully in the recovery!" 
-James Wood, Director of the University of Utah's Bureau of Economic and Business Research

  
 
"I hear a lot of people talking as though we’re still in a recession. Some places might be, but we’re definitely not." 
-Lecia Langston, Regional Economist