Buying a Home in Salt Lake City, UT

head_left_image

Which Are GOOD Reasons to Buy Now?

Which of the following are GOOD reasons to buy a home now?

  • Tax Advantages
  • More Inventory
  • Lower Prices
  • Lower Appreciation
  • Low Rates (Historically Speaking)
  • Lower payments now, even if prices drop (assuming interest rates continue to rise)
  • Sellers/Builders offering more incentives/more willing to negotiate
  • More loan programs (Did I just say that?) - Will more and more products be taken from the marketplace over the next few years?
  • Rising Rents
  • You plan on settling down for many years
  • Get the 30 year (or 15 year) clock running...
  • More foreclosures = More opportunity for a bargain (Is this true?)
  • Waiting until you "know" the market has improved means you have waited too long
  • Are there others?

OK, now to be fair, I would also like you to post reasons why buying a home now would be a BAD idea. I know, most of you are in the business of selling real estate, BUT, you are among the best of the best, so I'm sure you can provide some counterpoints to the arguments for...

If you are thinking about buying a home in the Salt Lake area in the near future, make sure you get an agent on YOUR side.

Homebuyer Representation, Inc. is the only Real Estate Brokerage representing Buyers ONLY in Salt Lake City and the Surrounding Area. We do not list any homes. We never represent Sellers. We work for BUYERS ONLY on the Buyer's side of the transaction.

We work to get BUYERS the Best Price and Terms when they Buy... 

We're "Real Estate Agents on the Buyer's Side" TMreal estate agents on the buyers side

If you have excellent credit and are thinking about buying a $250,000-$500,000 home in the Salt Lake area in the next 60-90 days, call us at (801) 969-8989 or contact us via the link on this page.

 

©2008 Homebuyer Representation, Inc. All Rights Reserved

 

 

Comment balloon 9 commentsBenjamin Clark • March 08 2008 09:03PM
Which Are GOOD Reasons to Buy Now?
share
Which of the following are GOOD reasons to buy a home now? Tax Advantages More Inventory Lower Prices Lower Appreciation Low Rates (Historically Speaking) Lower payments now, even if prices drop (assuming interest rates continue to rise) Sellers… more
It's A Boy!
share
After a long day, the baby was born at 6:48 last night, weighing in at 7 lbs. 15 oz. and 21" long! Mom and Baby are doing just fine. Everything went very smooth and he is just as active as he was in the womb! For a few photos, check out www… more
20-30 Year-Olds Help Sustain Utah's Economy
share
The New York Times printed an article explaining how the percentage of Utah's population in the 20 to 30 year-old range has helped keep its economy strong over the past few years while other areas of the nation have suffered. The article focused on… more
Utah Leads Nation in Price Appreciation (STILL! )
share
The Office of Federal Housing Enterprise Oversight has issued the report we have all been waiting for… Utah still leads the nation in home-price appreciation! Of course, these reports are a little behind the times and I wouldn't expect anyone to… more
Nevada Earthquake Interactive Map
share
The Salt Lake Tribune has an interactive map where people who felt the Earthquake that originated in the Wells Nevada area the other day have posted where they were and what they felt. It's pretty cool. If you live in the area and felt the quake,… more
Get an Agent on your side when buying
share
If you are thinking about buying a home in the Salt Lake area, make sure you get an agent on YOUR side Homebuyer Representation, Inc. is the only Real Estate Brokerage representing Buyers ONLY in Salt Lake City and the Surrounding Areas. We do… more
Rents are Rising - But so are Rates!
share
Apartment Rents in Salt Lake are on the rise, making a home purchase more attractive for those who will be staying in the area for a few years. Homes available for purchase are at extremely high levels and that makes it a Buyer's market. But, as the… more
Re-Listing Homes - Can You Handle the Truth?
share
The Practice of taking a home off the market and re-listing it to show 0 days on the market again is becoming more and more common. Debates are heating up on the subject from coast to coast. Listing Agents argue they are doing their client a… more
"Old"Listings - What's Wrong With This Home? "
share
Naturally, just like a Buyer, when I see homes on the market for 180, 240, 360 days or more, I also wonder "What is wrong with this home? " Often, with a little digging, we can find out if the home was under a contract that failed or if… more
To Buy Or Not To Buy? This is the Answer (Salt Lake City, Utah)
share
Salt Lake Market in a Nutshell (February 15, 2008): Number of Homes Listed: UP Number of Homes Sold: DOWN List Prices: DOWN SOLD Prices: UP To Buy or Not to Buy: BUY It's a Buyer's Market. What are you waiting for? If you are thinking about buying… more
Salt Lake City, Utah Real Estate Market Update (Feb 2008)
share
Salt Lake's Tribune released an article titled " Utah home sales plunge " on February 14th, 2008. It starts out by saying that Salt Lake is now caught "in the middle" of the national downturn. Is this true, or just an attention… more
Some Things Aren't Learned In School - Like How To Buy A Home
share
Some things just aren't taught in school. I have always believed that there are many things that, if taught in school, would make life easier and more successful for many of the next generation. "Utah lawmakers right now are considering a bill… more
Salt Lake City - 2nd Least Stressful City in America
share
In an American City Business Journal report today on MSNBC (February 13th, 2008) Salt Lake was mentioned as being the second least stressful metropolitain area in the country. It said: "Salt Lake City is the runner-up in the low-stress derby… more
Does the "Right" way to buy a home change?
share
Last year, CNN Money posted a Spring Home-Buying Guide. The link is: CNN Money - Spring Home-Buying Guide: 6 ways to do it right They say to get pre-approved first, shop at least 4 or 5 lenders, work with an agent who will represent you only etc… more
How Street View Helps Homebuyers in Salt Lake City!
share
Salt Lake City is one of a handful of cities that has recently been added as a Google StreetView City! You are either really excited about this or really freaked out about it, but the bottom line is that this is good news for homebuyers Listing… more
Ummel Case - National Association of Exclusive Buyer Agents Statement
share
Being an Exclusive Buyer's Agent and a member of the National Association of Exclusive Buyer Agents (Disclosure: I'm also on the Board of Directors), I was excited to see the following article on FoxBusiness. com: Buyer Agent Organization Comments on… more
Salt Lake Named one of the Best Cities for Bargain House-Hunting
share
In the evening edition of Forbes. com 2/7/2008 an article titled " Best Cities For Bargain House-Hunters " names Salt Lake City, Utah as one of the Best Places to buy real estate in today's market. (Salt Lake is ranked #1 ) What exactly do… more
Utah's Drought
share
In today's Deseret News (February 7, 2008) a story about more snow coming mentioned the following: "The bad weather has brought some good news. In a hydrologic outlook released Wednesday, the Weather Service said the January storms brought an… more
Salt Lake Area Real Estate Blog Entries - A Guide for Home Buyers
share
Thank you for visiting my Salt Lake Area real estate blog for Buyers. Here are recent posts that you may find of interest: FINDING HOMES The Truth About "Buyer's Guides" How to Know About the Newest Homes on the Market Each Day "… more
Salt Lake's Smartest Homebuyers!
share
What clients are saying about Homebuyer Representation, Inc. Utah's Exclusive Buyer Brokerage! "We wanted someone who would work with us and not be constrained or biased by their own listings or those from colleagues in their same office or… more