May 29, 2009

Here are a few stats to give you an idea of how the real estate market is doing in Utah County. I have only included a few cities, so if I missed your city, feel free to email me or say so in “comments”. I would be happy to get any city in Utah County for you.

 

 

Orem

2007  
  Units Sold Median Price Average Price  
1st Quarter 176 $201,500 $235,800  
2nd Quarter 215 $210,000 $225,605  
3rd Quarter 211 $211,000 $233,493  
4th Quarter 129 $212,000 $236,564  
Total Year 731 $210,500 $232,866  
Change -32% 17% 13%  
     
2008  
  Units Sold Median Price Average Price  
1st Quarter 118 $183,000 $219,213  
2nd Quarter 162 $205,000 $230,721  
3rd Quarter 200 $194,700 $211,271  
4th Quarter 36 $200,100 $211,289  
Total Year 516 $197,400 $218,124  
Change -29% -6% -6%  
     
2009  
  Units Sold Median Price Average Price  
1st Quarter 92 $194,400 $230,449  
2nd Quarter        
3rd Quarter        
4th Quarter        
Total Year 92 $194,400 $230,449  
Change -82% -2% 6%

 

 

Provo

 

2007
  Units Sold Median Price Average Price
1st Quarter 242 $177,240 $197,262
2nd Quarter 328 $187,000 $212,114
3rd Quarter 269 $185,000 $254,807
4th Quarter 149 $189,900 $208,301
Total Year 988 $186,000 $218,121
Change -23% 9% -4%
   
2008
  Units Sold Median Price Average Price
1st Quarter 133 $200,000 $220,661
2nd Quarter 220 $195,000 $221,163
3rd Quarter 251 $188,250 $221,635
4th Quarter 45 $195,000 $211,225
Total Year 649 $195,000 $218,671
Change -34% 5% 0%
   
2009
  Units Sold Median Price Average Price
1st Quarter 132 $200,000 $248,034
2nd Quarter      
3rd Quarter      
4th Quarter      
Total Year 132 $200,000 $248,034
Change -80% 3% 13%

 

Alpine

 

2007  
  Units Sold Median Price Average Price  
1st Quarter 14 $615,000 $648,071  
2nd Quarter 23 $573,185 $783,607  
3rd Quarter 17 $853,950 $932,606  
4th Quarter 6 $580,000 $658,735  
Total Year 60 $597,500 $755,755  
Change -35% -5% 14%  
 
2008  
  Units Sold Median Price Average Price  
1st Quarter 5 $473,621 $441,546  
2nd Quarter 14 $439,000 $514,579  
3rd Quarter 17 $567,500 $605,255  
4th Quarter 1 $350,000 $700,000  
Total Year 37 $456,311 $565,345  
Change -38% -24% -25%  
 
2009  
  Units Sold Median Price Average Price  
1st Quarter 15 $522,750 $678,900  
2nd Quarter        
3rd Quarter        
4th Quarter        
Total Year 15 $522,750 $678,900  
Change -59% 15% 20%

 

Lindon

 

2007
  Units Sold Median Price Average Price
1st Quarter 15 $311,250 $385,817
2nd Quarter 16 $438,000 $430,006
3rd Quarter 15 $502,000 $496,413
4th Quarter 11 $309,500 $310,536
Total Year 57 $374,625 $405,693
Change -16% 10% 16%
   
2008
  Units Sold Median Price Average Price
1st Quarter 8 $310,000 $324,887
2nd Quarter 10 $331,650 $356,395
3rd Quarter 12 $285,353 $315,701
4th Quarter 6 $336,400 $311,367
Total Year 36 $320,825 $327,088
Change -37% -14% -19%
   
2009
  Units Sold Median Price Average Price
1st Quarter 5 $372,500 $306,200
2nd Quarter      
3rd Quarter      
4th Quarter      
Total Year 5 $372,500 $306,200
Change -86% 16% -6%




May 22, 2009

Putting it all into Perspective

I found this little clip and found it interesting.

                  Enjoy!

 

 

 

 

 

 

 

 

What do you think?

Filed under: Community,Humor,Real Estate,Utah County Statistics — Susan @ 8:42 am




May 21, 2009

Gubernatorial Appointment Final

govenor-signing-i1My husband collaborated with other key figures in the state to get Utah’s Health reform bill written and it passed into law March 11, 2009.  Yesterday, we got word that Dave’s Gubernatorial appointment was confirmed by the State Senate, so it is offical. I can now say, (brag), that my husband will be serving as the employer/employee representative on the Risk Adjustment Board to develop the business rules, policies and procedures for the new reform plan. They will also be pioneering a shared risk adjustment mechanism for the Utah Health Exchange.

This is not the first time I have been in awe at the knack Dave has for being brilliant. He is a great man and I know he will bring value and success to this new and daunting task. I am proud of him.

 

 

*

Filed under: Blogroll,Community,Personal — Susan @ 11:03 am




May 20, 2009

Family Importance

My family is the best thing in my life. I have a great family and feel very blessed.

Things change. I used to wonder what it would be like to add members into the family as my kids started marrying. Now we are 3 of 5 into that situation. It is fun to have that new dimension. I’ve been thinking of this as we are making plans for our upcoming family vacation.

I only have one son and four daughters so that one son has been a little out numbered all his life. I am excited to contemplate how he is going to have three new brothers on our next trip. Different, yes, but exciting. I can’t wait to get to our destination and dive together. EVERYONE dives! Isn’t that amazing? There will 10 of us this trip; the first trip we’ve all been able to make it together on for a few years.

I get all anxious and impatient everytime I think about it. We have been organizing our dive gear the last couple of weeks and each time we do, I just wish we were leaving tomorrow.

Filed under: Community,Personal — Susan @ 4:15 pm




May 15, 2009

Man Rules

At last a guy has taken the time to write this all down, or asked his wife or girlfriend to do it for him.

 Finally , the guys’ side of the story.
( I must admit, it’s pretty good.)
We always hear ” the rules”
From the female side….
 
  Now here are the rules from the male side.    

These are our rules!
Please note.. these are all numbered “1 ”
ON PURPOSE!  
 
1.   Men are NOT mind readers.
( FIRST & FOREMOST RULE)
 
1. Learn to work the toilet seat.
You’re a big girl. If it’s up, put it down.
We need it up, you need it down.
You don’t hear us complaining about you leaving it down..

1. Sunday sports, It’s like the full moon
or the changing of the tides.
Let it be.

1. Crying is blackmail.

1. Ask for what you want.
Let us be clear on this one:
Subtle hints do not work!
Strong hints do not work!
Obvious hints do not work!
Just say it!

1. Yes and No are perfectly acceptable answers to almost every question.

1. Come to us with a problem only if you want help solving it. That’s what we do.
Sympathy is what your girlfriends are for.
1. Anything we said 6 months ago is inadmissible in an argument.
In fact, all comments become Null and void after 7 Days.
1. If you think you’re fat, you probably are.
Don’t ask us.

1. If something we said can be interpreted two ways and one of the ways makes you sad or angry, we meant the   other one

1. You can either ask us to do something
Or tell us how you want it done.
Not both.
If you already know best how to do it , just do it yourself.

1. Whenever possible, Please say whatever you have to say during commercials..

1. Christopher Columbus did NOT need directions and neither do we.

1. ALL men see in only 16 colors, like Windows default settings.
Peach, for example, is a fruit, not A color. Pumpkin is also a fruit. We have no idea what mauve is.

1. If it itches, it will be scratched.
We do that.

1. If we ask what is wrong and you say “nothing,” We will act like nothing’s wrong.
We know you are lying, but it is just not worth the hassle..

1. If you ask a question you don’t want an answer to, Expect an answer you don’t want to hear.

1. When we have to go somewhere, absolutely anything you wear is fine… Really .

1. Don’t ask us what we’re thinking about unless you are prepared to discuss such topics as Football
or Hockey.

1. You have enough clothes.

1. You have too many shoes.

1. I am in shape.   Round IS a shape!

1. Thank you for reading this.
Yes, I know, I have to sleep on the couch tonight;
But did you know men really don’t mind that? It’s like camping.

Filed under: Real Estate — Susan @ 5:52 pm




May 10, 2009

Happy Mother’s Day

The thought occured to me today as my family is doing so much to make this my special day…Mother’s Day is the day your family forces you to watch them prove to you how much they don’t need you. 

I’m joking of course. My family is (almost all) here. Hubby cooked a delicious meal. The kids set the table and cleaned up, etc. I love my family and I love that they work so hard to show me they reciprocate the sentiment. As for the ones not here today, I miss you, I know you’d love to be here if you could. I am excited to come and visit you soon.

To my family:  I love you!

Filed under: Real Estate — Susan @ 7:17 pm




May 7, 2009

Message from UCAOR

Utah County Association of REALTORS® 
Monthly Statistics  
     
     
From: Taylor Oldroyd, CEO Utah County Association of REALTORS®    
Subject: Monthly Statistics- March 2009    
 
  1 Onward and upward. March stats demonstrate our market is moving in a positive direction.
Home sales are up 11 percent compared to Mar of 2008.
 
  2 This comes on the heals of a 13 percent bump from January to February alone.  
  3 Challenges still exist as we see YTD sales are down 8 percent to 817 units sold, median
sales price slipped 6 percent to $210,000, and DOM are 23 percent higher to 96 days.
 
      4 But homes priced above $500K showed significant recovery with March experiencing a 7 percent
increase from last year and YTD up 13.5 percent. Homes above $1 million are way up as we have
had 8 homes sold already this year and last year only 15 sold the entire year.
 
  5 Listings of all types are down 5 percent to 4,542    
Summary: The perception of a weak market has always been one of our challenges. I’m confident that with
positive news in March, we can begin to turn some of the perceived concerns and help give needed
confidence to potential buyers. Clearly the weather is improving and sales are up.

 This is good news from the Utah County Association of REALTORS®. For more information on this go to   http://ucaor.com/statistics.htm





May 5, 2009

Finally! A Tool Landlords Can Use

Our Utah County Associations of REALTORS® is always coming up with ways to help, not only agents but the public as well as far as it concerns homeowner’s rights, etc.

They have come up with a new tool called SmartMove. This is a new service for Tenants and Landlords.

With this service you will be able to access tenant credit and background reports in just a few minutes and at a minimal cost.  You can also get leasing recommendations.

To check out this service, and get more information, go to   http://ucaor.mysmartmove.com/

Filed under: Real Estate — Susan @ 2:48 pm