Utah County Home Sales are settling down to a more normal trend. As you can see from the blue dots, home sale prices in Utah County real estate are settling down. The average home price in the 2nd quarter of 2022 was $545,000. The 4th quarter of 2023, the average home sales price in Utah County was $479,000. That's approximately a 12% decrease. If you were to put a ruler over the sales Continue Reading about Utah County Home Sale Trends
Home sales by month, 2019 to 2023
As you can see, real estate sales are cyclical throughout the year. November through January are the slowest months. People are busy with holidays and its cold outside. But come February, every year sales pick up. A few interesting things to note: Continue Reading about Home sales by month, 2019 to 2023
Whites
You would think that "White" means "White." However, what we discovered in our build process is that there is a huge spectrum of White! And you'd best be prepared to know your details because if you're like us, white will be a main color in the house. In the realm of interior design, the color white serves as a blank canvas, allowing homeowners to create spaces that are both timeless and Continue Reading about Whites
Home Sale Price Trends, Utah County
Where are home prices in Utah County? According to the media, home prices are still headed up! However, that isn't exactly the case in Utah County. While home prices are still strong, they have dipped a bit largely due to high interest rates. Home prices peaked in Utah County in the 2nd quarter of 2022 at $545,000. Year over year, prices dropped to $488,000 in Utah county for the average Continue Reading about Home Sale Price Trends, Utah County
Interest Rates
Everybody needs to buy stuff. But we usually hold off on the big ticket items until we're feeling flush with cash, or at least confident that we will have the funds available before the "6 months same as cash" offer is up. Today's Durable Goods Orders report shows that we all bought 3.2% more of the longer-lasting stuff than we did last month. Last month's DGO was a -1.2% Continue Reading about Interest Rates
PG New Construction
UPDATE: SOLD>>>>>>>! Walkthru of this nice PG new construction home. Continue Reading about PG New Construction
Plastic thingies in the window, who knew?
So I just found out that the windows I paid $10,000's of dollars for and some little plastic things in the tracks. Bumpers, I thought. Wrong. Those were for shipping. And they should all be removed. But guess what. No window contractors ever remove them. In my office, for 4 years now, those little plastic thingies have been in my windows, sitting there. I wondered why all of my windows had Continue Reading about Plastic thingies in the window, who knew?
1equals5, $1 equals $5, 1=5, $1=$5
16 years ago I found myself at my kitchen table crunching numbers, planning my business, planning my mortgage, planning my financial future. I was a hotshot MBA, business owner, and had just purchased my first home. I had an office at the mouth of the canyon with a dozen agents working for me. I owned a couple of cars and a motorcycle. The year was 2007. Real estate was hot, but there were strange Continue Reading about 1equals5, $1 equals $5, 1=5, $1=$5
WashburnRE has been serving sellers, buyers, and investors for 2 decades in Utah County and surrounding areas. With thousands of transactions completed, we specialize in New Construction homes and have relationships with dozens of artisans. We look forward helping you maximize your investment and get exactly what you deserve.