Greg Tracy

If you go to

http://www.blueroof.com

you can search on the map and find all listed properties.

Good luck with your search - Sun Jan 13 2008, 16:54

The current Salt Lake area market is not your best bet for buying just to sell. Homes aren't appreciating fast enough for quick equity. There are still a few parts of the country where prices are rising fairly quickly, but the Salt Lake valley is going to stay level for a while. The area should appreciate around 6% in 2008.

Herriman, along with the south end of the Salt Lake valley and the northern part of Utah county, are the areas most difficult to sell a home in right now. There are currently (as Jan 13, 2008) 809 homes for sale in Herriman, Bluffdale and Riverton, with only 80 homes going under contract in the last 4 months. For comparison, in the entire Salt Lake valley there are 7030 homes currently for sale and 3303 homes have closed in the last four months.

Remember, real estate should be looked at as a long-term investment, not a quick buck.

This is a great time to buy rental property in the Salt Lake area as prices are good, interest is very low, and the rental market is going to continue to rise as it becomes more difficult to purchase homes and the 100% financing options become difficult to get (and with higher interest rates- beginning mid-2008). - Sun Jan 13 2008, 16:41

Interest rates are very low (currently around 6%) and there is a lot of inventory on the market right now. Salt Lake City has a very strong local economy and job growth (the strongest it's ever been). You can find some great properties and the prices are very good right now.

The up side to waiting is that you can watch what everyone else is doing before you buy. The down side is interest rates may increase and prices should increase about 6% during 2008.

The best time to buy is in a "buyer's market"- hence the name. For more discussion on this topic, go to:

http://blueroof.wordpress.com/2007/12/07/salt-lake-real-esta… - Sun Jan 13 2008, 16:05

I like Trio and the Chophouse. Trio has an incredible wine selection and cool jazz atmosphere, often with live music. Chophouse is a great place to meet and be seen, and a fun, energetic crowd of people in their 20's, 30's, and 40's. - Mon May 21 2007, 08:53

In most cases, if the roof needs to be replaced- yes, the seller should replace it before putting the home on the market. As with most repairs or improvements, it depends on the condition of the home and the market, but if a roof is in need of being replaced, the seller should do the work as part of the overall preparation for getting the home ready to sell. Most buyers have a difficult time seeing past negatives and many times over-estimate the costs involved, which may bring in a lower offer, even if the seller has already taken the repairs into consideration when pricing the home. When a home shows its best and is in top condition it brings in the best offers. - Mon May 21 2007, 08:48