The Real Estate Report Card

We currently have 7685 active residential listings in Salt Lake county. 1791 of those were listed in the last 30 days. 596 were put "under contract" or pending in the last 30 days 417 homes have sold in the last 30 days. 1393 homes didn't sell or expired in the last 30 days. We currently have a 18.4 month supply of homes on our Salt Lake City area rreal estate market. Call or email me to find out how you can get your home sold!

Here is a link to more data on remodeling projects that pay and those that don't. http://www.remodeling.hw.net/2008/costvsvalue/division/mountain/city/salt-lake-city--ut.aspx This will help you when deciding what to do.

Why get pre-approved? What's the difference between pre-approved and pre-qualified? Go here to find out: http://www.WhyGetPreApproved.com

When it comes to home improvement and remodeling most sellers feel the improvements they have made are worth more a lot more than the average buyer feels they are. To have an objective view of the project and pricing is critical when it comes time to sell your home. Click on the link below to see what the latest report from the National Association of Realtors shows. http://www.realtor.org/rmohome_and_design/articles/2008/0812_costvsvalue_2008 You can also click the link at the bottom of the post to download a pdf version. If you are considering a "remodel project" with the intent to sell your home in the near future, be sure to give us a call to discuss the ramifications and potential gain or loss of equity the project may provide to your homes value. Dan Walker, Broker Associate, CRS, RE/MAX Associates 2008CostvValue.pdf

Home inspections are critical in the home buying process. They are not mandatory as part of the transaction, but extremely beneficial. The right to purchase a home subject to a professional inspection should be in every buyers purchase contract. A professional inspection will help you uncover major and minor defects, some serious enough to warrant cancelling the purchase of the property. Homes are sold "as is", however you still have the right to ask the seller to complete any repairs you deem necessary. The seller is not obligated to complete any repairs under the purchase contract but still may perform some to satisfy the buyer. As a buyer you retain the right to withdraw your offer to purchase based upon the results of the inspection, and/or the repairs negotiated with the seller. For more info visit http://www.whygetahomeinspection.com/

I would you like to make you aware of some new buttons I have put on my website at www.AtHomeUtah.com . You now have the option of searching only for Short Sales with bank approved prices or for only bank owned properties. You can also search by area for homes that are offering a lease option. For any questions please call me at 801-288-2260 or email! Your Salt Lake City Utah Real Estate expert, Dan Walker