Utah Real Estate

Looking to buy real estate in Utah? The market has changed over the past few years and is going to continue to change over the next few (drastically) and here are a few things you should consider before buying any Utah real estate.

First, the Olympics didn't affect the state as much as people thought it would. Before the olympics, people thought the olympics would bring with it a rise in home values. It didn't.

Second, unlike California, real estate values in Utah have not shot up in the past 10 years. Things have really kept a steady pace of increasing. One of the reasons for this is because of the availability of utah real estate. All over the Wasatch front there has always been a surplus of available land on which to build a new house.

Over the next few years, this is going to change. With new communities being built all over the place, land is becoming more scarce. This is one of the reasons California real estate has gotten so expensive, because there isn't anywhere else to build a new house, you have to buy a house from someone who already owns one. In Utah, and especially in Salt Lake County and Utah County, land is running out so expect home prices to begin to rise more sharply over the next 10 years.

Third, are you planning on buying rental real estate? Be careful of where in Utah you are going to rent. Many markets have been saturated over the past 3-5 years with a surplus of brand new apartments for renters to choose from. Many markets in Utah real estate rentals used to have a shortage of apartments and a surplus of renters (often students) which made building apartments in those areas very luctative to investors.

Recently however, because a lot of investors saw the opportunity at the same time, there are too many apartments and landlords are having a hard time filling them. If you are looking for investment properties, you might want to look at this Utah real estate help site. They have put together a list of resources for people looking to buy real estate in Utah.

Fourth, be careful. Utah is on a major earthquake fault line. Be sure you can get earthquake insurance in your neighborhood. Often it's not an option because insurance companies won't allow it in certain areas. While floods have not historically been a problem, there are many damns in Utah that are aging and are threatening the real estate and populations that lie below them. Be sure to do your own due diligence before you buy any Utah real estate.

John Jonas is an entepreneur and a family man. He has interests in Utah real estate, Utah businesses, and in internet marketing. More can be found out at his Jonas Family website.

---

Should you Sell your Home yourself?

Should you sell your home yourself? Yes and no. Yes,... Read More

Dont be Tempted by We Buy Houses (Updated)

Do you want to sell your home right away? Don't... Read More

Home Equity ? Don?t Spend It on Risky Investments

The housing market has exploded in the last five years,... Read More

Creative Real Estate Investing

With a job that paid $3.40 an hour, I saved... Read More

3 Mistakes to Absolutely Avoid in a 1031/TIC Exchange

We've all made bad decisions in the past. Don't you... Read More

Moldy Homes are a Great Investment

Have you seen this in your classifieds? -"Will pay $$$... Read More

Top Tips for Buying and Selling a Home

BuyersLooking for a home-Use Internet for overview of properties, communities,... Read More

Dealing With Dual Real Estate Agents

Historically, real estate agents have represented the seller of a... Read More

What To Expect From Your House Appraisal

Having your house appraised can be a scary step in... Read More

Finding a Great Listing Agent for Your Home: 8 Tips

If you've decided to list your home, you'll be paying... Read More

Want To Be Profitable In This Real Estate Bubble? I?ll Show You How In Just Three Easy Steps

STEP#1. First you have to recognize that in order to... Read More

10 Home Purchase Abroad Tips For Success

Are you seeking your little corner of sun drenched heaven... Read More

How To Give Your Home A Face-Lift: The Sellers Guide To A Quick Sell

One of the great challenges to selling a home can... Read More

5 Factors of Selling a Home

There are five major factors to consider when selling a... Read More

Building A Home? Want To Ask A Builder The Right Questions - Not The Dumb Ones!

These are real builder questions that I got from readers... Read More

Real Estate Season is Here

Yes, it has finally arrived. This is the time of... Read More

How Long Your Mortgage Runs Determines How Much You Pay

The first thing most of us think about when the... Read More

Buying a Home -- Is a Home Inspection a Good Idea?

To avoid "buying a pig in a poke," buyers have... Read More

Investing In Real Estate Investors

With the never-ending changes in our Real Estate Markets real... Read More

Give Your Home A Timeless Feel

In the world of real estate, there is a huge... Read More

Searching for CLUEs: What Homebuyers & Sellers Need to Know About Homeowners Insurance

Homebuyers and sellers should be aware about issues involving homeowners... Read More

The Pros and Cons Of Hiring A Real Estate Lawyer

You're travelling in a foreign country and you get arrested... Read More

Real Estate Investment - One Simple Formula

I saw the ads in our small-town newspaper for years... Read More

Sellers, Are You Having A Hard Time Selling Your Home?

Sue and Chuck DeFiore have the perfect solution for you... Read More

How To Find Your Dream Home In Belize

Shopping for property in Belize is not as simple an... Read More

Maltas Market Battle

With new destinations such as Bulgaria, Slovenia and Croatia offering... Read More

Do You Know What Design/Construct (or Design/Build ) Means? I Think You Should!

These real questions on 'How To' build are answered by... Read More

Loan Officer Training: Learn How To Shape Realtors Perceptions

In medicine, a placebo is a pill that you think... Read More

Alicante to Mar Menor - You can Still Find Cheap Property in Spain

The Murcia region in Spain benefits from some of the... Read More

Good Faith Deposit ? Real Estate Transactions

In a real estate transaction, a touchy issue is how... Read More

How To Best Negotiate A House Deal

Whether it's selling your home or buying a home, more... Read More

Real Estate: Buyers Agent, Sellers Agent & Dual Agent (defined and explained)

There is a relatively new and not always well understood... Read More

San Diego Real Estate

San Diego is home to millions of beautiful apartments, condominiums,... Read More