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Address for Taylor Home: 3081 N 100 West North Ogden, Utah, please park at church and use shuttles provided. Home Tours will be available after the Key Ceremony!

Stephanie TaylorPresidentNorthern Wasatch Association of Realtors With the rapid rise in mortgage interest rates, the real estate market is beginning to change as the red-hot conditions finally head back to normal. While it’s still an active seller’s market, the situation is becoming more favorable to buyers. For example, there are more homes for sale, there’s more time to make decisions, and there are fewer multiple-offer situations. While high home prices and affordability remain a challenge, the changing market is providing home buyers with new opportunities and a much-needed reprieve from the ultra-competitive conditions. Here are some tips for navigating the higher mortgage rates and taking advantage of the improving market conditions.   Tip: Consider how long you’ll be in the home …

Stephanie Taylor2022 President, Northern Wasatch Association of Realtors As home buyers navigate the challenges of high inflation, rising interest rates and expensive prices, some are wondering what’s in store for the housing market for the rest of the year. Lawrence Yun, chief economist of the National Association of Realtors, had some predictions when he spoke to Realtors at a May conference. He believes there will be fewer home sales and slower price growth with the market returning to pre-pandemic conditions rather than the home-buying frenzy of the past two years. Because of higher prices — up 55% from last year when accounting for more expensive interest rates — Yun is forecasting a 9% decline in U.S. home sales. Yun also …

Please come out and help us support our own Mark Shepherd for Davis County Commission!  Tickets here: https://www.eventbrite.com/e/mark-shepherd-for-davis-co-commission-top-gun-fundraiser-tickets-346410261417?aff=ebdssbdestsearch