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  • HOME & THE CITY Blog

    Friday, February 4, 2011   /   by Rachel Green

    Utah has claimed the top spot in Forbes Magazine

    The magazine's 'Best States' ranking measures six categories for business, including costs, current economic climate, growth prospects, labor supply, quality of life and regulatory environment. Forbes noted that while states across the nation have suffered as a result of the national economic downturn, some states, like Utah, have weathered the downturn better than others. (Deseret News)
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    Newsweek Nov 8, 2010.
    While nearly every local economy succumbed to the frozen credit markets, failing to grow much during the last two years, Utah has flourished. It set its own records for new companies (more than 40) and capital investment (nearly $2 billion). That has helped sustain an average of 3.5 percent annual growth during the last five years, more than any state, other than energy-rich North Dakota. The University of Utah recently tied MIT for creating the most companies out of its patented research: more than 80 since 2005. The 75-mile co' ...

    Sunday, February 14, 2010   /   by Rachel Green

    The Cost of Waiting

    Many buyers focus on the price they wish to pay on a house, or they 'hold out' until the market hits rock bottom, but this can have such a negative impact on your overall financial situation if you are seeking financing.

    Price:

    The price of a home is the actual purchase price. The purchase price should be determined by the worth of the home which is determined by comparable homes that have sold within the last 6 months.

    Cost:

    The cost of a home is the monthly mortgage payment. This includes principle, interest, taxes, insurance, and mortgage insurance.  When determining your house budget, first figure what you can comfortably afford monthly and that will determine your purchase price budget.  As illustrated below, in 2007 a buyer with a $1,000 monthly budget could afford a home priced at $154,972. A buyer with the same monthly budget in 2010, could afford a home priced at $192,813.

    Year               Price      . ...

    Tuesday, January 5, 2010   /   by Rachel Green

    It's Official

    The results are in.  The 2009 Rookie of the Year is... (drum roll please)... ME!  Yep, that's right, but the credit goes to YOU!  

    Thank you so much, from the bottom of my heart, for your confidence in me during my first year.  Thank you to every single friend, family member, client, and acquaintance, who had the confidence in me to help you buy or sell.  You are my community ambassadors, and I thank YOU!  

    So, what does this all mean?  Well, for starters, this is the first entry of my new blog.  I figure I've graduated to the big leagues, so I should make things real and share all the goodness.  Hopefully this blog will inspire, encourage, inform, and entertain you.  I will be sharing my tidbits of knowledge in not only real estate, but all things I love... nutrition, fitness, home decorating, the market, empowering yourself, and more.  

    Here's to the best year yet! ...