Toni's Blog

Cornerstone Real Estate Professionals  

Cornerstone Real Estate Professionals is a group of Cache Valley's most experienced and effective Realtors. Cornerstone agents are among the most competent and qualified agents, and will provide you the best real estate services and resources for purchasing residential homes, land, investment properties, or condos in Cache Valley Utah.

Our agents can also provide you with the best service, technology, and marketing tools for selling existing homes, new construction, multi family, or even land developments. We offer online tools and marketing exposure that cannot be matched. Contact us today for any of your Logan Utah Real Estate needs.

The Offices of Cornerstone Real Estate Professionals are located in Logan at 1047 S 100 W #270 by the Logan River Golf Course.

Contact our office at:

Phone: (435) 787-8683
Fax: (435) 752-4498

Toni Dorigatti

435-881-3587

wwww.tonidorigatti.com

Logan and Northern Utah Housing Market Trends

Logan Utah Housing Trends

It is currently a buyers market in Logan Utah, but housing inventory levels are still at healthy levels. Properties are still selling, and for the most part, home prices are not expected to decline. The Cache Valley real estate market has slowed since August of 2007, but the Logan trends have not been nearly as drastic as those in Salt Lake, Davis, Weber, and Utah Counties.

For the second straight month home sales in Cache County are at least as good as they were a year ago. In October, 91 residential homes in Cache Valley were sold. This is exactly the same number as were sold last year. The average price of these homes sold was actually up 5% at $189,264, but the price per square footage was down to $79 per square foot. The lowest level in a year and a half. This shows that some large homes were sold at some pretty good prices during October.

Inventory of existing homes continues to go up. There are currently 778 active residential home listings in Cache Valley. The median price of these listings has dropped slightly and is now $207,900, $33,000 higher than the October median sold price of $174,000. To view all Logan Utah Homes for sale visit www.tonidorigatti.com.

Toni Dorigatti

435-881-3587

www.tonidorigatti.com

Cornerstone Real Estate Professionals - FREE CMA

Get a FREE Market analysis to find out the value of your House

Market value, is what a willing buyer will pay for a house. Market value is determined by analyzing comparable real estate inventory on the market and comparable properties that have recently sold. This comparable analysis will help determine a reasonable selling price for your property.

A Comparitive Market Analysis is different than an appraisal. An appraisal only examines recently sold homes. In addition, appraisals don't consider many homes that are real competition to your property, but can only compare your home with properties that match appraisal guidelines. The appraisal is a tool of the lender that merely justifies that the property really is worth the amount you are paying for it. Appraised value and market value can be very different.

Toni Dorigatti

435-881-3587

www.tonidorigatti.com

First Time Home Buyer Programs of Cache Valley

Buying your first home can be an overwhelming experience. It can also be a very positive experience and one of the first steps towards real wealth building.

When buying your first home you should make sure you are always protected by using the help of a competent Cornerstone Real Estate Professional. Many obstacles and complications can arise in real estate transactions. Having someone with the understanding of how to handle these objections can make all the difference in making a stressful situation bearable.

It is free to use the buyer services of Cornerstone Real Estate Agents. Cornerstone agents are familiar with the different home buyer and financial grant programs for first time home buyers. They can greatly help you as a first time buyer make the best possible real estate purchasing decisions.

Free home search at www.tonidorigatti.com

Toni Dorigatti

435-881-3587

toni@utahcornerstone.com

www.tonidorigatti.com

Find Foreclosures with the help of Cornerstone Real Estate Professionals

Many Buyers and Real Estate Investors want to buy foreclosures for the potentional deal it presents. In reality, most foreclosure homes can not be purchased way below market value.

Foreclosed Homes, those that were not sold at the public foreclosure auction nearly always end up back on the MLS. These listings include HUD Homes and Bank Owned REO Homes. You can view these foreclosures by searching the MLS.

Investors that purchase preforeclosures substantially below market value often find them by purchasing the distressed home owners at or before the real estate foreclosure auction. You can find deals like this pay services like foreclosure.com, or Cornerstone Real Estate Professionals can help you find preforeclosure listing from the public records and notices of default.

Toni Dorigatti

435-881-3587

www.tonidorigatti.com

First-Time Home Buyer Tax Credit

• The tax credit is available for first-time home buyers only.
• The maximum credit amount is $7,500.
• The credit is available for homes purchased on or after April 9, 2008 and before
  July 1, 2009.
• Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.
• The tax credit works like an interest-free loan and must be repaid over a 15-year period.

Toni Dorigatti

435-881-3587

www.tonidorigatti.com