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Other than marriage or the birth of a child, there are few life events that can compare to purchasing your first home. Despite the diverse lifetime aspirations among Americans, homeownership is one goal that is common across all social, cultural, and economic lines. Our homes are more than just our own private spaces, but they are symbols of security, individuality, and success.
The purchase of a home is the single biggest investment that the average person will make in their lives. When you put yourself through the process of submitting an offer, closing the deal, and signing a 20 or 30 year mortgage. you want to make sure you're making the best decision for yourself and your family.
It is no secret that the housing market has been erratic in recent…
Did you know that mortgage rates are at historic lows? This is all thanks to the Federal Reserve's unprecedented maneuvers to stimulate economic growth. If you've been thinking about it, then know that now is the right time to get into Utah real estate.
St. George is one particular area with a lot of real estate that's worth investment. It's a city located in the southwestern part of Utah, right on the border of Arizona, and the county seat of Washington County. It's pleasantly populated, with (according to the 2012 U.S. Census Bureau) a population of 75,561. Plus, there is plenty of great golf real estate in St. George. The majority of golf properties in the U.S. are homes, town homes, and condos, and all are marked at astoundingly affordable rates. The
School boundaries are major factor in home-buying decision, survey finds
As kids begin to go back to school, a new survey is out that suggests location to schools is a major factor in people's home-buying experience. The survey done by Realtor.com states three out of five home buyers say school boundaries will affect where they purchase a home. According to Realtor.com, almost 60% of home buyers would go over budget anywhere from 1% to 20% to obtain a home in their desired school boundaries while just over 40% would not.
For those home buyers that said school boundaries will affect where they purchase a home over 90% stated it was important to somewhat important. Those same home buyers are also willing to give up several amenities to live in the…
Washington County Real Estate Market
Washington County's real estate market, which fell apart in 2006 after an extraordinary run that attracted national attention, is struggling back to health.
An increase in sales of existing single-family homes has been fueled by a revived Utah economy and record low interest rates. Foreclosed and short-sale properties are almost non-existent. New construction of homes is on the rise as well.
"In Washington County, we have probably only 20 bank-owned properties left. A lot of people are no longer upside down [in their mortgages]. The biggest problem we have in our market today is getting enough properties to sell," said Ryan Andersen, an agent at ERA Brokers Consolidated in St. George.
Homes priced under…