Kalleen Foster's Real Estate Blog | Ogden UT | Roy UT | Homes for Sale, Buying a House, Selling a House, Real Estate Market

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Kalleen Foster
REALTOR®
    Years of Experience: 6

    Weber State University, BS, Business Management
    GRI-Graduate Realtor Institute
    SFR - Short Sale Foreclosure Resource

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Coldwell Banker Residential Brokerage
2225 Washington Blvd #100
Ogden, UT 84401


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Posts Tagged ‘Buy a home in Ogden’

Interest Rates

Monday, November 7th, 2011

Interest Rates for Monday, November 7, 2011.  Mortgage rates are about the same as they were 2 months ago.

30 yr fixed  4.09%             last week   4.20%

15 yr fixed  3.38%             last week   3.45%

5/1 ARM     3.01%             last week    3.00%

30 yr Refi   4.17%             last week    4.29%

15 yr Refi   3.50%              last week    3.56%

Please keep in mind these are general figures because credit scores, lenders, and geographical areas differ and the rates change daily. 

It is still a great time to buy a home in Ogden and the surrounding area.  Please contact me so I may help you use these historically low interest rates to purchase your first or your next home.

Plan Your Financial Future by Using These Low Interest Rates

Wednesday, October 5th, 2011

 

Building home equity is an avenue toward a sound financial future.  Buying a home now using low interest rates means a lower payment which helps the pocket book.   Please contact me so I may help you use these historically low interest rates to purchase your first or your next home.  It’s a great time to buy a home in Ogden and the surrounding area with an inventory of a variety of homes…it won’t be hard to find one you like and one you can afford!

 

Interest Rates for Wednesday, October 5, 2011.  Mortgage rates have fallen again…see below.

30 yr fixed  4.00%             last week   4.09%

15 yr fixed  3.37%             last week   3.36%

5/1 ARM     2.99%             last week    3.01%

30 yr Refi   4.11%             last week    4.19%

15 yr Refi   3.49%              last week    3.48%

Please keep in mind these are general figures because credit scores, lenders, and geographical areas differ and the rates change daily. 

http://money.cnn.com/real_estate/

Fence Sitting? Check Out The Latest Interest Rates

Wednesday, September 14th, 2011

Interest Rates for Tuesday, September 13, 2011.  Mortgage rates have fallen again…see below.

30 yr fixed  4.15%             last week   4.18%

15 yr fixed  3.36%             last week   3.37%

5/1 ARM     2.95%             last week    2.98%

30 yr Refi   4.25%             last week    4.28%

15 yr Refi   3.49%              last week    3.50%

Please keep in mind these are general figures because credit scores, lenders, and geographical areas differ and the rates change daily. 

It is still a great time to buy a home in Ogden and the surrounding area.  Please contact me so I may help you use these historically low interest rates to purchase your first or your next home.

 

http://money.cnn.com/real_estate/

Ogden, An Industry Hub

Friday, September 9th, 2011

In an article, published August 22, 2011, The Wall Street Journal named Ogden one of seven cities that have become leading hubs in specific industries ranging from life sciences to beer brewing to outdoor sports. Ogden has received quite a bit of media attention over the past several years regarding its reinvention as a center for the outdoor products industry. Most of this attention has come from publications aimed at specific groups and niche magazines. 

The article says “Entrepreneurs are moving there and flourishing in the teeth of a bleak economy,” about the selected cities in general.  “The cities, in turn, are nurturing the entrepreneurs by giving them access to funding, mentors and facilities.  Being there means getting access to a much wider range of suppliers, customers, employees and industry experts.”

This article specifically cites that Ogden has the same factors that local officials point to: close proximity to mountains, canyons, rivers and Olympic facilities that provide ideal product testing ground; the relatively low cost of doing business and a strong local talent pool, among others.  The Wall Street Journal made it’s selections based on a industry growth data from a mapping project at Harvard Business School.  The newspaper also spoke with industry experts, local economic officials and the entrepreneurs themselves.  Ogden has long been a favorite location among outdoor enthusiasts, but the recent growth of the outdoor products industry happened under the watch of Mayor Matthew Godfrey.  This is a fantastic place to be, right here in Ogden.

With interest rates so low, now is the time to buy a home in Ogden, if you aren’t already here. If you are already here, this is a perfect time to make the move into the home you have been thinking about.  I am here to help you…just let me know!

www.standard.net

Is the Decision to Move Hard?

Wednesday, July 20th, 2011

Below is a great article for helping make the big decision to move…let me know what you think.

 

http://lowes.inman.com/newsletter/2011/07/20/news/147570

It is a great time to buy or sell a home in Ogden Utah…where the livin” is fun–no matter what time of year–indoors or out!

It’s Time for a Swim!

Thursday, June 30th, 2011

Open water swimming is all the rage in Utah!  Triathlons are becoming quite the rage here in Utah.  To be able to swim in a large body of water surrounding yourself by mountains and glorious scenery versus the pool deck of an average pool, is what summer is all about.  Open water swimming is it for many in Utah and is growing stronger as well.  Open water swimming features enough forgiving conditions to allow anyone to participate.  A pond, lake or even the ocean won’t limit the young athletes.  The races on June 11th had competitors ranging from 22-62 years in age. 

Open water swimming does have its own set of challenges though.  Different swimming conditions with each open body of water.  Conditions are always changing, the water can be smooth and glassy and in the next it can be rough and choppy.   Open water swimming has its own set of challenges that sets itself from the traditional swimming matches.  The growing interest of triathlons is also giving the open water swimming sport a boost. In 2010, there were over 60 triathlon-related events in Utah that included swimming legs.

Here in Utah, we have the Great Salt Lake and many reservoirs up and down the Wasatch front.  The Deer Creek Open Water Marathon Swim is scheduled for August 13, 2011 at Deer Creek Reservoir that is just north east of Provo and will host races of one mile, 5k, 10k and 10 miles.  Some people think all that Utah has is camping and now we are becoming well known for our open water swimming.  It’s just another great reason why I love to live and work here in Utah.

PS-Let me help you buy or sell a home in Ogden!

Great Time to Sell in Top of Utah

Monday, June 20th, 2011

Local Housing Market in the Top of Utah

Homes in Weber, Davis & Morgan counties have had declining prices and shrinking inventory.  This has been reported from the Northern Wasatch Association of Realtors comparing data for April 2011 & 2010.  The drop in prices is because of bank foreclosures and sellers who are increasingly motivated to engage in short sales and are willing to negotiate with buyers in the soft housing market.  The prices may be down, but these counties have fewer homes to choose from.  In Davis County, home sales were down 19.9 percent in April and inventory was down 32.7 percent in Morgan County. Homes were also on the market 38 percent longer in Davis County and 14.4 percent longer in Weber County in April.

The availability of a federal tax break makes Northern Utah a home buyer’s market.  For example, a home owner would pay taxes on $45,000 of income, if a homeowner makes $50,000 a year and pays $5,000 in mortgage interest. The national mortgage interest rate has been lowered to 5.11 percent on a 30-year fixed mortgage also is a great benefit to buyers. Also new home construction is starting progress now that the weather is getting better.

Snowbasin Opening for the Summer–Historic!!

Thursday, June 9th, 2011

 

Snowbasin Resort, in the mountains near Ogden, will be re-opening for weekend summer skiing beginning June 11. It is the first time the resort has opened in the summer!

Resort officials say above average snowpack and a 100-inch base will allow them to remain open as long as conditions allow. Skiers will be able to use the Needles Gondola to access multiple runs from 8 am to 2 pm. While the snowpack in the mountains of northern Utah has thrilled outdoor enthusiasts, it’s got officials worried about the potential for severe flooding once temperatures warm enough to melt it. 

Snowbasin is well known as the ultimate mountain luxury!  With diverse terrain for beginner ease to challenging expert runs, Snowbasin also offers three progressive terrain parks and 26km of groomed Nordic trails. With 3,000 skiable acres and 3,000 vertical feet, Snowbasin is best known for wide-open bowls, gladed runs, manicured groomers, powder stashes days after a storm, and rarely a lift line.

Snowbasin has world-class snowmaking and one of the most advanced lift systems in the West. Enjoy award-winning cuisine including mountaintop dining with spectacular views and magnificent day lodges.

Make the most of day on the mountain with more than 100 certified instructors, adaptive programs, state-licensed day care and children’s programs. And for more family fun, don’t miss the four-lane lift assisted tubing hill.

Snowbasin is just 35 miles north of Salt Lake City with easy access to the Park City Area.  Après ski in Downtown Ogden, just 17 miles away! How great it is to live in Ogden, Utah, where just miles away you can go snow skiing in the middle of summer!

PS–another reason to buy or sell a home in Ogden?   Great inventory to choose from and interest rates are low…which new home have you picked out?

Volunteers~Another Reason to Buy a Home in Ogden, UT

Wednesday, June 1st, 2011

In May, Ogden City employees, business leaders and community volunteers traded in shirts, ties and cell phones in for shovels, rakes and gloves to make Junction City shine.  Now, more than 62 different locations around the city are sparkling!

This was the city’s third official Make a Difference Day and more than 1,000 volunteers took part with 60-65 percent of the volunteers being Ogden City employees. The city does not mandate that the employees pitch in on the service day, most stepped up and want to help out.  This is an incredible effort by all of the volunteers to take a day and help spruce up and clean the city limits.

The city helped in some areas by providing dirt, mulch and manpower.  The city council also donated $5,000 in city money to the cause, although the man hours saved by the volunteers far outweighed the money donated by the city council.  The council members also participated at locations ranging from the Salvation Army to the north site of the Nature Center on Mountain Road. 

The volunteers have also been able to see what a difference their work that they did last year has done to this year.  The number of volunteers has risen each year as well. Cleaning up Ogden is a big undertaking but it has been a great group effort by many of the volunteers that work and live here in Ogden. 

I’m so glad that I live in a city that is constantly growing and improving and has many people who live in it and constantly want to make it better!

Compare This Snow Pack in the Ogden, UT Area!

Thursday, May 5th, 2011

Guess what?  Last year, I took the first picture of the mountains on May 4th, 2010.  I love the view and am thinking of framing it and hanging it in my great room.   I stumbled across it again while looking for another picture and noticed the snow pack.  Wow!

So today, May 4th, 2011, I took another picture of the same view for ya’ll to compare!  We have had record, and I mean record, snowfall this winter and spring.  You don’t believe it until you see it, especially if you do not live in this area. 

Compare the leaves on the trees and bushes in each picture.  It is amazing.  Even today the temperature was cool for this time of year and spring around here is just beginning–the first of May!   What does this kind of weather do for fruit trees?  I have 14 of my own and it will be interesting to see what happens.

I will keep you posted…just where is all this snowpack going to go and how fast is it going to come down?  Pretty darn scary.

PS-Isn’t it beautiful? When you are ready to buy and/or sell a home in Ogden, UT, contact me and I will help you get exactly what you want, for the price you want.

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