Is it possible, will the current ridiculosly low mortgage rates will go even lower? Wasn't really low mortgage rates part of the fuel that got us into the economic mess?
Well like it or not, it looks like mortgage interest rates will be going down.
The Feds met yesterday and announced that they will spend an additional $750 Billion on mortgage backed securities, one of the driving forces for mortgage interest rates. Some are predicting that they will be lower than 4.5%. In December, when the Fed announced that they would purchase $500 Billion in MBS, mortgage rates reached their lowest point ever.
The good news is that this will stimulate more buying of Real Estate in Logan Utah. It will help our local market to normalize, and makes housing very affordable.
Look for Homes for Sale in Logan Utah at UtahCornerstone.com
Mortgage rates to go lower?
Logan Utah Ranked 9th Nationally for Growth
According to the US census bureau, the Logan UT metro ranked 9th nationally for population growth between July 2007 -2008. It grew by 3.2% and added nearly 4,000 people. About one third of the population growth was from people moving to the area while the rest was from a higher than average birth rate.This is another reason why the Logan UT Real Estate market is still so healthy.
Statewide, Provo UT ranked 6th, and St. George ranked 10th nationally for population growth.
Logan Utah Real Estate - Home For Sale
Anyone looking for homes for sale in Logan Utah? We've just dropped the price on a beautiful newer home for sale in North Logan!
The property at 458 E 2720 N is now priced at $234,900. It is only 3 years old, has over 2800 square feet with 3 bedrooms and 2 full bathrooms....and an unfinished basement with room for 2-3 more bedrooms, another bathroom and a large living room. The backyard is fully fenced and has an automatic sprinkler system installed.
The home is located in a very quiet cul-de-sac in North Logan near the library, hospital etc.
For more information on the property you can view the virtual tour at: North Logan Home
To search all homes for sale in Cache Valley please visit this link: Logan Utah Real Estate
Comparative Market Analysis - Logan Utah Real Estate
Any home owner that wants an accuarate estimate of how much their home is worth needs to have a Licensed Realtor provide them with a Comparative Market Analysis(CMA). A CMA is an informal estimate of the market value of your property. It is based on the sale of recent comparable properties in your area and takes into consideration the basic specifications of the homes including size, age, features, etc.
How does a CMA help you? If you are in the market to sell a home, a CMA can help you determine the correct listing price you need to position your home at as well as an estimate of the time it will take to sell. It can also show you the other homes for sale comparable to yours so you know who your competition is.
Free CMA - If you would like a free CMA for your home for sale in Cache Valley please visit the following link: Logan Utah Real Estate
You can all search all Homes For Sale in Logan Utah as well Logan Utah Real Estate on my website!
Video for Logan Utah Twin Home Listing
This is a great home for sale in Logan, UT. If you have any questions please give me a call.
I am available Monday thru Saturday and most evenings.
Thank you, and let me know if you have any questions about any property.
Cornerstone Real Estate
Cell: 435-760-1113
Fax: 435-752-4498
Email: Robert@LiveInLogan.com
Search for homes for free at www.LoganUtahRealtor.com
Darling Wellsville Home for Sale
Photo Gallery
View More Photos Description and Features This darling home has been well cared for and it shows! New flooring, new paint, darling new kitchen with dishwasher and disposal. Newer windows, A/C, 2 car garage. Huge corner lot with beautiful mature trees. Close to Wellsville Dam / park.(owner/agent)
Bedrooms: 4 Bathrooms: 1 Parking Spaces: 4 Square Feet: 1191 Lot Size: .28 Year Built: 1907 Floors: 2 MLS #: 870784 Location Click to view map: 212 East 300 South Wellsville UT 84339 Links
Logan Duplex: Price Reduced
Photo Gallery
View More Photos Description and Features This Craftsman Bungalow has a great location. It is close to everything and in Logan's Historic district. The front unit is full of character with a large front porch, hardwood floors, and crown molding. Enjoy the private shaded backyard with many mature trees. This duplex makes a good rental for investors, or a great way to save money as an owner by renting out the second unit. It has separate gas/electric meters and laundry facilities in both units.
Bedrooms: 3 Bathrooms: 2.5 Parking Spaces: 2 Square Feet: 1580 Lot Size: 14374 Year Built: 1932 Floors: 2 MLS #: 843667 Location Click to view map: 55 S 300 W Logan 84321 Links
Logan Utah Real Estate - Free MLS Home Search
New Real Estate Website
Anyone searching for homes for sale in Logan Utah can check out my new Logan Utah Real Estate website here: Logan Utah Real Estate
There is an incredible Free MLS Home search section that allows you to search by area, price, size and an incredible interactive Google map home search feature.
I cover all of the Logan Utah Real Estate market as well as all the homes for sale in Cache County.
Momentum for Cache Valley Real Estate
It seems to me that the winter Logan Real Estate slump is coming to an end. Homes are starting to sell again, and buyers are overcoming fears and acting. It seems like a lot of this increased activity is with first time home buyers, but when the first time buyers purchase homes, the existing sellers can move on and then purchase more expensive homes. It's a cycle that has to happen if we want to make all the sellers out there happy again.An agent in my office had some buyers with a list of a dozen homes they wanted to see this weekend. By Tuesday, four of these properties were under contract. Another one went under contract today, and these buyers plan to write an offer on one of these homes this afternoon. So from the list of 12 homes these buyers were interested in last week. Half of them could be off the market this week.
Here are some of the reasons why the Cache Valley Real Estate market is picking up:
There are more Cache County Homes on the market than ever before for March. Buyers have the power and have lots of selection. They are able to find what they are looking for. Cache Valley Homes are affordable: The median price of homes sold is less than $180,000. Mortgage interest rates for purchasing Cache Valley Utah Real Estate are the cheapest they've ever been. Interest rates on 30 year fixed mortgages can be obtained for less than 5%. For those that qualify, it is cheaper to own than to rent an equivalent home. Logan Real Estate offers excellent grant programs and tax credits for first time buyers. If a first time buyer bought a new home in Logan they could also qualify for $8,000 from the federal first time home buyer tax credit, the $6,000 Utah new homes grant, plus other local Neighborhood Non Profit grant programs may also be available. If you are ready to buy Real Estate in Logan UT, contact a Cornerstone Real Estate Agent today.
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