Get insider information about the St. George, Utah real estate market.  Where are the best places to buy, handy stats, and other helpful tips.

A recent article in The Spectrum reported that St. George real estate is continuing to improve after the recession. People who had to give up homes and leave the market are now in a position to purchase real estate again and get out of rental properties.

Rental Properties

After the housing bubble burst in 2015, many people lost their homes and moved into rental properties. Because St. George doesn’t have a lot of rental properties, a shortage in St. George has driven up the price of rent. This could change as bank regulations loosen and people become emotionally ready to purchase a home again. St. George hopes to see more purchasing and less renting in 2015.

St. George Demographic

The largest demographic group moving to St. George has…

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As we end 2014 and begin a new year, it seems like a good time for real estate predictions. Home prices have been rising lately, but will they continue? Here are some expert predictions for the real estate market in 2015.

Easier for Home Buyers

Homes have recently become a great idea for real estate investors because prices have been rising so quickly lately. October showed some of the highest home prices since 2008. While home prices will continue to rise, the rate at which they grow will probably slow down. This will lead to less real estate investors showing interest and make room for more home buyers. Instead of a 6% growth, we are more likely to see a 3% growth, which could mean a buyers’ market next year.

Millennials Become Home Buyers

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If you are a financially-savvy homebuyer, you probably have a budget and an appropriate price range for your home. Beyond the actual price of the home, however, there are other regular costs. One thing many buyers forget about is property taxes. Property taxes can add a significant amount to your monthly costs, so they’re important to remember. Here are some things to know about property taxes.

How much are property taxes?

The rate of property taxes differs from state to state, and even from town to town. In St. George, the property tax rate is approximately 1% of your property’s value. Property value is calculated using the market value of your land and the market value of your home. The value is assessed annually so your property tax can…

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St George, Utah, with its red rock deserts, sandstone canyonsIn addition to the old adage, "Location, location, location," most real estate investing tips boil down to one common theme. Buy low, and sell high. Buying foreclosed homes is a great way to do just that. And by buying foreclosed homes in beautiful St George, Utah, with its red rock deserts, sandstone canyons, and excellent golf courses, you can effectively cover all the core tenets of real estate purchasing in one fell swoop.

A foreclosure is when the holder of a property lien is forced to terminate the lien before the expected date, most often due to a failure to make payments by the borrower. This action makes it possible for the lien holder to then place the property back on the market, with the intention of recouping whatever losses they may have…

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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…

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Tour Our New Online Home at SGUTAH.com!

sgutah.comWe decided it was time for a change and with that has come a brand new updated site, along with a new url - SGUTAH.com - formerly DavidEllisRealtor.com.

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Search the Utah MLS

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The real estate in St George is unique and gorgeous, with breathtaking views just about everywhere you look. St George is a small city in Utah. Just a few years ago this city was not well known, but today it is really getting a lot of attention nationwide.

Affordable Housing

St. George Utah real estate market is the best in the nation, and it is definitely something that you want to look into. Over the past ten years this area has becoming increasingly more and more popular not just for the fact that you can without a doubt find a very affordable home, but also an area that has so many things to offer you.

The sheer fact that you have the ability to find a home that you can actually afford in an area that has everything to offer you is one of the…

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