St. George Utah Real Estate Blog

March 27, 2024

How will the NAR settlement affect us in Utah?

You've seen the news headlines... "NO MORE 6% REAL ESTATE COMMISSIONS", blah blah blah... Are those articles just  clickbait, or written by people with zero clue as to what is really going on, or are they actually true???

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Posted in Real Estate
March 21, 2024

Will Rates Drop Below 6% Anytime Soon?

It's fascinating how swiftly the real estate landscape can shift. Just a month ago, the economists over at Fannie Mae were anticipating mortgage rates dipping below 6 percent for this year and the next. However, recent updates suggest otherwise. Brace yourselves, as it seems we won't be seeing those rates fall anytime soon.

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Posted in Real Estate
March 21, 2024

How will the NAR Settlement affect us here in Southern Utah?

St George, UT - Today, the National Association of REALTORS (NAR) announced a proposed settlement agreement that would end litigation of claims brought on behalf of home sellers related to broker commissions. The settlement is still subject to court approval.

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Posted in Real Estate
Jan. 30, 2024

Are declining mortgage rates affecting the St. George market?

In the St. George, Utah real estate market, the recent decline in mortgage rates is reshaping the landscape for homebuyers. According to the latest market report from Redfin, this shift has significantly bolstered purchasing power, providing a noteworthy advantage to those in the market.

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Posted in Real Estate
Dec. 28, 2023

Seizing the Opportunity: Falling Mortgage Rates in St. George, UT

In the ever-evolving world of real estate, staying abreast of market trends is key to realizing your homeownership aspirations. Exciting news has recently surfaced for St. George, UT residents, as home mortgage interest rates have finally taken a downturn.

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Posted in Real Estate
Dec. 5, 2023

Lance Clifford's 2024 St. George Real Estate Market Predictions

As the holiday season approaches, my focus should be on festive family plans, but my thoughts are consumed by the intriguing landscape of the St. George, UT, real estate market.

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Posted in Real Estate
Sept. 10, 2023

Predicting the Future of Mortgage Rates

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.

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Posted in Real Estate
Jan. 29, 2020

The New Spring Real Estate Market is Here. Are You Ready?

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.

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Posted in Real Estate
Aug. 28, 2017

Are Home Values in the St. George Market Headed Down?

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...

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March 20, 2017

3 Characteristics of a Savvy Investor

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. 

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Posted in Real Estate