Bill Curtishttp://www.greatutahrealestate.com/blogs/bill_curtis/atom.aspxCommunity Server2008-08-17T23:00:00ZPrime is 1%, FHA loan rate in Utah is around 7% Who is on the take?http://www.greatutahrealestate.com/blogs/bill_curtis/archive/2008/10/27/prime-is-1-fha-loan-rate-in-utah-is-around-7-who-is-on-the-take.aspx2008-10-28T03:02:00Z2008-10-28T03:02:00Z<p>It seems to me that there is too much margin between what the banks buy their money for and what the typical lender must pay.</p><p> </p><p>Are the banks making up profit margin at the expense of the taxpayer? The intent of the infusion money was to eventually stimulate the buyers to make </p><p>buy decisions and get the economy rolling. Who is watching the hen house?</p><p> </p><p>Bill</p><img src="http://www.greatutahrealestate.com/aggbug.aspx?PostID=377958" width="1" height="1">217184http://www.greatutahrealestate.com/members/217184.aspxWait a minute it's a note from Bill Curtis Don't buy into the negative news, Buys and Sales in Real Estate are happening in Utahhttp://www.greatutahrealestate.com/blogs/bill_curtis/archive/2008/10/27/wait-a-minute-it-s-a-note-from-bill-curtis-don-t-buy-into-the-negative-news-buys-and-sales-in-real-estate-are-happening-in-utah.aspx2008-10-28T02:24:00Z2008-10-28T02:24:00Z<p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3">Wait a minute it’s a note from Bill Curtis!<span> Oct 26</span>. 2008</font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3"> </font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3">It has now been five years that I have been in the real estate business.<span> </span>It has been a wild ride, but I love each part of it.<span> </span>One thing is always constant in our local market and that is change.<span> </span></font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3"> </font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3">Wow! Can any of you believe what a difference six months has made in our economy and local lifestyle?<span> </span>Every one has been affected and we all are doing and thinking of our personal priorities differently.<span> </span></font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3"> </font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3">Out side influences are affecting the strength of our local market. The experts say that ups and downs of a market can be measured in six month segments.<span> </span>In my opinion we have come close to the bottom of our down swing news in Davis and Weber counties. </font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3"> </font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3">And we are on the upswing!<span> </span>Consider these positive market conditions:</font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3"> </font></span></strong></p><ul style="margin-top:0in;"><li class="MsoNormal" style="margin:0in 0in 0pt;tab-stops:list .5in;"><strong><span style="font-size:11pt;font-family:Arial;">Confidence again is being built in the lending business with the Nationalization of Fanny Mae and Freddy Mac.</span></strong></li></ul><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-size:11pt;font-family:Arial;"> </span></strong></p><ul style="margin-top:0in;"><li class="MsoNormal" style="margin:0in 0in 0pt;tab-stops:list .5in;"><strong><span style="font-size:11pt;font-family:Arial;">Interest rates just slipped to 5.5% for qualified buyers, and great loan packages are still available.</span></strong></li></ul><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-size:11pt;font-family:Arial;"> </span></strong></p><ul style="margin-top:0in;"><li class="MsoNormal" style="margin:0in 0in 0pt;tab-stops:list .5in;"><strong><span style="font-size:11pt;font-family:Arial;">Single family home values continue to slide back to 2004 levels.</span></strong></li></ul><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-size:11pt;font-family:Arial;"> </span></strong></p><ul style="margin-top:0in;"><li class="MsoNormal" style="margin:0in 0in 0pt;tab-stops:list .5in;"><strong><span style="font-size:11pt;font-family:Arial;">Big bargains and inventory exist in $300,000 plus homes in Davis and Weber.</span></strong></li></ul><p class="MsoNormal" style="margin:0in 0in 0pt;tab-stops:177.75pt;"><strong><span style="font-size:11pt;font-family:Arial;"><span> </span></span></strong></p><ul style="margin-top:0in;"><li class="MsoNormal" style="margin:0in 0in 0pt;tab-stops:list .5in;"><strong><span style="font-size:11pt;font-family:Arial;">Homes under $250,000 are selling at the same rate as always.</span></strong></li></ul><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-size:11pt;font-family:Arial;"> </span></strong></p><ul style="margin-top:0in;"><li class="MsoNormal" style="margin:0in 0in 0pt;tab-stops:list .5in;"><strong><span style="font-size:11pt;font-family:Arial;">Clean Homes in the $150,000 to $200,000 range are on the market on average only 45 days. </span></strong></li></ul><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-size:11pt;font-family:Arial;"> </span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3">Timing of the market is always a gamble.<span> </span>The only sure way to predict trends is to wait six months and see what happened.<span> </span>So, according market conditions and your personal needs, now is the best time to buy and sell! <span> </span>If you are thinking about changing homes call me for a great deal and straight ahead analysis about what your home is worth.<span> </span>There are deals out there, call me and I will find it for you!</font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3"> </font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3">Sincerely,</font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3"> </font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3">Bill Curtis</font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3"> </font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-size:11pt;font-family:Arial;"> </span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-size:11pt;font-family:Arial;"> </span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt 0.25in;"><strong><span style="font-size:11pt;font-family:Arial;"> </span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3"> </font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3"> </font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><strong><span style="font-family:Arial;"><font size="3"> </font></span></strong></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><font face="Times New Roman" size="3"> </font></p><p class="MsoNormal" style="margin:0in 0in 0pt;"><font face="Times New Roman" size="3"> </font></p><img src="http://www.greatutahrealestate.com/aggbug.aspx?PostID=377864" width="1" height="1">217184http://www.greatutahrealestate.com/members/217184.aspxRanch For Sale in Davis Countyhttp://www.greatutahrealestate.com/blogs/bill_curtis/archive/2008/08/17/c8d50b92e9a14488a14134417d64e482.aspx2008-08-18T06:00:00Z2008-08-18T06:00:00Z<p align="center" style="float:right;margin-left:10px;">
<a href="http://billcurtis.point2agent.com/Utah/Homes/825902/Davis_County/Agent/Listing_1942969.html"><img src="http://media.point2.com/p2a/listing/e8f4/1585/388b/b8dba1d7f8805a110bf6/w475h356.jpg" class="Photo ListingPhoto" alt="tiffani" border="0" style="border:black 1px solid;"></a>
</p>
<p style="margin-top:0px;" class="summary">
• <span>2,900 sq. ft., 3 bath, 5 bdrm ranch</span>
<span>-</span>
<img id="Price_mi" title="MLS® #825902" src="http://billcurtis.point2agent.com/Office/PortalOfficeShared/images/1x1.gif" border="0" height="20" width="34" style="position:absolute;" />
<span id="Price_r"><b><font face="Verdana">MLS®</font></b></span>
<span id="Price_pl">$279,000</span>
</p>
<p>
<span id="LeadIn" class="dateline"><b>Davis County, Utah</b></span>
</p>
<p><a href="http://billcurtis.point2agent.com/Utah/Homes/825902/Davis_County/Agent/Listing_1942969.html">Property information</a></p><img src="http://www.greatutahrealestate.com/aggbug.aspx?PostID=377398" width="1" height="1">217184http://www.greatutahrealestate.com/members/217184.aspxRanch For Sale in Weber Countyhttp://www.greatutahrealestate.com/blogs/bill_curtis/archive/2008/08/17/b29bdc170202446dbf9501d99e1ceb89.aspx2008-08-18T06:00:00Z2008-08-18T06:00:00Z<p align="center" style="float:right;margin-left:10px;">
<a href="http://billcurtis.point2agent.com/Utah/Homes/825647/Weber_County/Agent/Listing_1943043.html"><img src="http://media.point2.com/p2a/listing/6c41/8197/8973/5fee546d384cd46c6f64/w475h356.jpg" class="Photo ListingPhoto" alt="SD530518" border="0" style="border:black 1px solid;"></a>
</p>
<p style="margin-top:0px;" class="summary">
• <span>3,000 sq. ft., 3 bath, 6 bdrm ranch</span>
<span>-</span>
<img id="Price_mi" title="MLS® #825647" src="http://billcurtis.point2agent.com/Office/PortalOfficeShared/images/1x1.gif" border="0" height="20" width="34" style="position:absolute;" />
<span id="Price_r"><b><font face="Verdana">MLS®</font></b></span>
<span id="Price_pl">$210,000</span>
</p>
<p>
<span id="LeadIn" class="dateline"><b>Weber County, Utah</b></span>
</p>
<p><a href="http://billcurtis.point2agent.com/Utah/Homes/825647/Weber_County/Agent/Listing_1943043.html">Property information</a></p><img src="http://www.greatutahrealestate.com/aggbug.aspx?PostID=377399" width="1" height="1">217184http://www.greatutahrealestate.com/members/217184.aspx2 Story For Sale in Davis Countyhttp://www.greatutahrealestate.com/blogs/bill_curtis/archive/2008/08/17/d05a43b09045467da23e860b7d564e6b.aspx2008-08-18T06:00:00Z2008-08-18T06:00:00Z<p align="center" style="float:left;margin-right:10px;">
<a href="http://billcurtis.point2agent.com/Syracuse/Utah/Homes/825563/Davis_County/Agent/Listing_1943119.html"><img src="http://media.point2.com/p2a/listing/4d65/ed8c/94a8/5e501a67e0645f074687/w475h356.jpg" class="Photo ListingPhoto" alt="SD530528" border="0" style="border:black 1px solid;"></a>
</p>
<p style="margin-top:0px;" class="summary">
• <span>2,181 sq. ft., 3 bath, 4 bdrm 2 story</span>
<span>-</span>
<img id="Price_mi" title="MLS® #825563" src="http://billcurtis.point2agent.com/Office/PortalOfficeShared/images/1x1.gif" border="0" height="20" width="34" style="position:absolute;" />
<span id="Price_r"><b><font face="Verdana">MLS®</font></b></span>
<span id="Price_pl">$244,000</span>
</p>
<p>
<span id="LeadIn" class="dateline"><b>Davis County, Utah</b></span>
</p>
<p><a href="http://billcurtis.point2agent.com/Syracuse/Utah/Homes/825563/Davis_County/Agent/Listing_1943119.html">Property information</a></p><img src="http://www.greatutahrealestate.com/aggbug.aspx?PostID=377400" width="1" height="1">217184http://www.greatutahrealestate.com/members/217184.aspx