If you're in the market to purchase a home in St. George, Utah this year, you're likely keeping an eye on the current state of mortgage rates. Mortgage rates play a pivotal role in determining what you can afford when securing a home loan, and given the challenges of affordability in today's real estate market, you might want to take a step back and analyze the broader historical context of mortgage rates. It's essential to comprehend their association with inflation to gain insights into the potential trajectory of mortgage rates in the near future.

Which month do you think most people who are considering buying a home actually start their search? If you’re like most of us, you probably think the surge happens in the spring, likely in April. Not anymore. According to new research, January 2019 was only 1% behind February for the most monthly views per listing on realtor.com.

If Southern Utah follows the state of Texas, the answer is yes. Texas has some of the hottest markets in the country, and they are seeing home prices dip after months of appreciation. It is a near certainty that the rest of the US including Southern UT are only a few months behind as prices outpace incomes. The market WILL stabilize here...

Investing in St. George, UT

CLEAR GOALS

They have very clear goals for their investments

Time Frame: A savvy investor has run the numbers and they have a time frame for how long they are going to hold a property based on the next two goals. 

Winning the Best Properties

BE PREPARED

For Competition: When you fin the best property for YOU, it is very likely that someone else wants it also. The BEST properties get a LOT of exposure and sell in a reasonably quick time frame here in southern Utah. If you wait, you will lose out. 

Buying Mistakes

Negotiating a property to the best possible price is one way to build instant equity into your property. Remember that buying the property right is the key to your Real Estate investments. So how do you get a seller to take less than they should?