Archive for the ‘Uncategorized’ Category

Salt Lake City-One of the Best in the Country

Saturday, December 4th, 2010

picture of Utah

I was reading just a great article from Kiplinger’s Personal Finance magazine that rated Salt Lake 5th out of 10 cities to live in for the next decade.¬† I remember when I first got here and was looking for a job, I was a little discouraged. Then, a friend of mine said I was competing with so many talented and educated people who were also looking.¬† That is one of the good things about Utah.¬† Talent is so important when companies look around to open in a location and Salt Lake has a very educated and deep talent pool.¬† There are so many different types of talent when you consider it.¬† Everyone has diffent talents and most businesses need a variety of personalities to make a company successful.¬† Utah is such a beautiful state and I can see many companies being drawn because of the beauty, culture, and the pool of people who are here to draw from. If you are having a hard time finding employment or you are not happy in your current place, don’t be discouraged. I can see Utah just growing and growing and articles such as those I was reading about will only help us to become number 1 instead of number 5. As our state and city grows, there will be numerous opportunities for all of us to make it the best as it grows and to grow along with it.

COMMUNICATING

Sunday, October 31st, 2010

I was recently thinking how much communication has changed in just the last few short years. I remember when my grandma just had 1 phone in the house (attached to a cord). It was in the middle of the kitchen and we all loved it when the phone rang. Then, when my kids were little they would be causing havoc about an inch from where I could reach with the wall phone. It was just a great day when I could walk anywhere in the house with the phone (and even outside a little). It was pure amazing to talk on the phone while driving. Now, I can never get anyone to call me back, return a call, letter, or RSVP. I know it is good to have everything documented in email and text but I really think the personal touch is being lost. Our lives are so crazy and busy now. It’s not that I would want to go back to having a ton of phone calls everyday but I do think there is some merit to hearing the emotion in someone’s voice when they talk to you about how they are feeling. I also miss the personal contact that comes with a phone call and the chance to be able to explain what I am thinking and finding out what the other person perceives.

CLEAN IT UP & MOVE IT OUT

Tuesday, October 26th, 2010

junky houseThere is so much hype on HGTV now about staging and curb appeal. Does it really make a difference? Well, it depends on how much money you want to net if you are the seller. If you are a buyer, it will make all the difference on how long you will want to wander through a house. Your first impression, even from the outside, can determine the outcome of a purchase.  There is a reason they stage model homes with simple, classic furniture , leave the doors off the rooms, and turn on all the lights.  There is a huge difference in 2 homes that are equal but one smells nice, is spotless and all the lights are on. Our sense of smell can give us an emotional jolt whether it be good or bad.  Everyone loves the smell of cookies (candles) baking but some smells are totally repulsive.  Even as an agent, it is hard to get beyond a house that smells bad.  Not everyone can buy furniture at Pottery Barn or Ethen Allen but if it is shabby, cover it up or get rid of it. I am a firm believer in staging a house but not with junk. More is not always better. If you wonder if it is really worth it, I have seen a $10,000 difference in price between 2 of the same houses-one that is cleaned up and one that has too much clutter and garbage.

When Should I Buy My Dream Home

Thursday, October 14th, 2010

image of a houseDo you have a picture in your mind of your Dream Home?¬† Most people don’t and that is why looking at a variety of homes can be fun and exciting.¬† New and First Time Homebuyers always make me smile.¬†¬† They have a list of 60 or so homes and they want to see 10 at a time.¬† After about 4 or 5 houses, they all run together and the whole process gets way overwhelming.¬† So, I have found that even if I have to be a little firm with people it is for their own good to limit the search to just a few at a time (even if they are on a time crunch).

Home affordability is at an all-time high. The mortgage payment on the median priced home as a percentage of the median household income is lower than it’s been in a generation.

Mortgage rates are at rock bottom. It’s hard to imagine interest rates going much lower.

Home prices are back on the rise. After declining for 30 months, home prices are trending back upward.

Sellers are motivated. This means that buyers have the upper hand! From banks looking to dispose of foreclosed properties to homeowners who are fiercely competing among an excess of housing inventory, buyers have untold choices and negotiating power.

Financing is readily available!  Banks are back in the game and ready to lend to well-qualified buyers.

Owning vs. renting is increasingly favorable. Since 2009, the average principal and interest payment has fallen below the average rental rates, and the gap is now wider than it’s been in the past 22 years.

 Home ownership  is still at the core of the American Dream! Owning a home is critical to financial stability and wealth building. It’s a forced savings account, a place to live and a fabulous tax deduction.