My Realtor Melissa
Maryland native living in Utah and loving it! Member of the Salt Lake City Board of Realtors.
08/16/2023
Check out my New Listing! Are you in Utah county looking for a flex space? Call me to tour these units 📲 perfect for indoor athletic business 🏀⛹️♂️ or light manufacturing/distribution 📦
$0 | 174 S S. American Way Payson UT 84651 BRAND NEW!! 10 Unit Industrial Business Park delivering Q4 2023. Prime location with close access to I-15. $1.40 PSF NNN Lease. All buildings feature 14'x12' ground level doors for easy access with, 144 sq. ft office space. 3 phase power. This Flexible space offer so many options whether your busine...
12/25/2022
11/11/2022
“The true soldier fights not because he hates what is in front of him, but because he loves what is behind him.” - G.K. Chesterton
11/08/2022
Friends, we will open as many doors as it takes to get you in your dream home. 🚪 I'm inspired to do this for my clients because God has done this for me. I've been blessed to see Him open so many doors in my life. Anyone else? 🙌
The market is changing very quickly!
It is going to take a little time for current Sellers to realize the values are not going to be what they were last year, or even 3 months ago. The higher interest rate changes Buyer affordability, which changes value. There are still many Buyers out there wanting a home...if your home is sitting, the price needs to 'correct' in order for their principal + interest payment to now be affordable.
Many of my Buyers over the past few years have already had to buy something with less of their "wants" because of the quick rise in pricing. Those still looking just got bumped out by a 7% rate.....the only resolution is a price correction :-/
MARKET UPDATE 🏡💲
IF YOU READ NOTHING TODAY, READ THIS:
Winter months are the best time for negotiations so keep your eyes open now. If you need financing, I wouldn't wait for a supposed "crash"... as the mortgage rates increase, your buying power shrinks. We don't foresee a "crash" because sale inventory is still very low. Without enough supply for the demand, there is still some bidding competition right now. Yes you are seeing SOME price reductions. Why? Those sellers/agents were pricing the home gauged around where the market was last year (more than the last comparable sold), but that may be a tad aggressive. The Buy-side has softened slightly because rates are up & buyers have become cautious of the economy, but prices aren't technically dropping. If you wait until Spring...you are going to be in a fight all over again.
If you need help I'm here for you
09/29/2022
Free Family Friendly Fall Activities Abound Around Utah Time to load up the minivan! Utah has fall activities for the entire family in every corner of the state. Utah.com guides you to the places everyone can enjoy.
09/27/2022
Some advantages of an adjustable rate mortgage (ARM) are that the rate is lower than a fixed rate, AND it can reduce your interest payments when interest rates decline. Its also then possible to get a lower monthly payment (at the end of your term) without having to complete any paperwork or pay any closing costs. Or while you are in your ARM 5, 7 or 10 year term, you can refinance if the rates dive down....Read more here:
ARM Refinance to Fixed Rate Mortgage | Freedom Mortgage Many homeowners think about refinancing adjustable rate mortgages (ARMs) to fixed rate mortgages. Learn about the advantages and disadvantages.
09/13/2022
What’s Actually Happening with Home Prices Today? One of the biggest questions people are asking right now is: what’s happening with home prices?
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Sandy, UT
84094
09/13/2022