UV Rays of Sunshine

With Mortgage rates at record lows, and an abundance of houses on the Provo market, the time is right to buy a new Provo real estate property.

In an effort to help jump start the flagging Provo housing market, the federal reserve recently lowered interest rates, opening greater access to money for lenders. This normally makes it easier to qualify for mortgage loans for Provo real estate. And this is certainly the case, however, you may also have been hearing that big-name lenders are folding up and tightening their loan requirements.

It’s true; the mortgage loan market is experiencing turbulence and lenders are acting nervous. But don’t let this scare you; the truth is that banks are still making money on loans, and the Provo economy is more stable than the nightly news people want you to believe.

Buying a new house in the Provo real estate market is making a lot of sense right now because prices are good and there are plenty of choices. Smart real estate investors will look to this kind of opportunity to get the right house at the right price.

If you are interested in learning more about our local Provo real estate market, give me a call. I am currently showing homes in the Provo area, and would love to show you some of the great deals we have out there.

-Joel Wallin, REALTOR

‘ For Sale By Owner ‘ is a method of selling commercial real estate in the Provo area. For Sale By Owner is referred to as a ‘FSBO’, verbally pronounced as ‘fizz-bow’. You may hear real estate agents or property owners use this term to describe commercial real estate properties that are placed on the market by a non-professional real estate marketer.

While there is nothing wrong with selling commercial real estate on your own, research statistics show that you are more likely to sell for more if you have a REALTOR

The Federal Reserve just lowered short-term interest rates by a quarter percent. What does this mean for our Provo real estate market? Probably several things, and most of them good.

The Federal Reserve bank makes loans to loan companies, and when they reduce their rates, it makes it easier for other banks to get money and make loans. If you have been considering a real estate investment, now is a great time to get serious.

You may have heard that we have a ‘buyer’s market’ here in Provo, and to an extent that is true. And while there are plenty of reasons to buy, there are also good reasons to sell. The resent move by the feds will help on both sides of the deal.

If you are interested in learning more about how the recent changes affect mortgage loans and the Provo real estate market, please give me a call.

Joel Wallin, REALTOR

Your local Home Team Realty Real Estate office can be found right here in Provo, Utah.

My name is Joel Wallin, and I am an Provo REALTOR

It’s a great time to buy residential in Provo.

The prevailing ‘buyer’s market’ is keeping residential prices low and value is high for residential real estate.

As a REALTOR

Determining a valuation for your Provo residential real estate property can be a complex undertaking. Having a qualified and experienced REALTOR

As a REALTOR

As a REALTOR

Negotiating an Provo real estate sale can save you hundreds or even thousands of dollars when you purchase Provo real estate property . And while many Provo buyers don’t consider saving a hundred or two on an expensive real estate purchase, it’s important to remember that every penny counts.

As a REALTOR

A lot of people are talking about the Provo real estate market as a ‘buyer’s market’ these days.

But what does that mean?

A ‘buyer’s market’ is, of course, one that favors the buyer. This is usually taken as ‘prices are low’ for Provo real estate properties, but it can also mean that there are more Provo property sellers than Provo property buyers, and that Provo property value is under more scrutiny because there are more real estate options.

In a buyers market, selling Provo real estate is not always a ‘bad’ idea. When people start hearing that we have a ‘buyers market’ on our hands, would-be buyers in Provo start looking a little more seriously. Pretty soon you have an Provo real estate market that achieves balance, as buyers consume available inventory and Provo real estate sellers find themselves with a premium opportunity on their hands.

Ultimately, this means you need an experienced Provo REALTOR