This report done by Trulia shows that American’s attitudes toward’s real estate ownership have changed since the housing boom. Far less Americans want larger Mcmansion Homes. Check out how this study compares with Logan Real Estate and Utah Real Estate.
Archive for category Home Selling
The other day there was a newspaper article in the Logan Herald Journal that talked about just how dismal selling conditions were in Logan Utah. It’s true that many people will have a hard time selling their homes this year, but that doesn’t mean it is impossible, or hard to sell for everyone in Cache Valley.
In fact, there are some conditions going on with the Logan real estate market that make it a great time to sell a home. One key to remember though is the importance of pricing your home. With as much competition as there is right now, overpriced homes just will not sell.
Selling a home is a difficult experience, especially when you’ve lived in it for a while and have gained an emotional attachment. It is very important that you look at the real estate transaction objectively, and don’t take offense at potential buyers thoughts and opinions. Have a real estate agent is one of the best things you can do to remove the emotional attachment, but even with an agent, it is important that you realize the realities of the real estate market that we are in.
That fact is that for Northern Utah Real Estate, it is a buyers market. There are a lot more homes for sale than there are potential buyers. Home values have declined. Your home may not be worth as much as you think it is, regardless of how much work, time and money you have put in it.
In this video blog Robert Brown shares an example of how some potential sellers killed a deal because they were too emotionally involved with the home they were selling.
One of the most common questions asked associated with real estate is, “how much is it worth.” The best way to determine market value of Cache County Real Estate and Logan Utah Homes for Sale is with a CMA.
A CMA, comparative market analysis, competitive market analysis, or whatever you want to call it, compares the for sale, and recently sold properties with your home. It compares nearby recently sold properties of similar sizes and ages. We then add or subtract values based on what is missing to better compare apples to apples. If you are planning on selling your home, we also compare it with properties that are currently for sale so you can see where it would stand against the competition.
CMA’s are generally used if you are planning on selling your home, but they can also be useful if you want to dispute a tax value, are planning on refinancing, or are just curious.
If you would like a free CMA for a house or parcel of land in Northern Utah, click this link: Free CMA from Cornerstone Real Estate Professionals
This Smithfield Utah listing went under contract in 13 days, much better than the average of about 100 days on market for Cache Valley. Feel free to email me at Robert@UtahCornerstone.com or visit www.LoganUtahRealtor.com to see all homes for sale in UT.
