St George Home Sellers 
There are currently 4 blog entries related to this category.
St George Foreclosure Statistics September 2011
Sunday, September 11th, 2011 at 9:40am. 787 Views, 0 Comments.
Foreclosure activity and market conditions continue to be a hot topic here in St. George. It’s a condition that affects buyers, sellers, and residents. There is something going on, a glimmer of light at the end of the tunnel. It’s still too early to officially call it “stabilization”…it could end up being a train! It does appear however, that our St George real estate market may be stabilizing a bit.
Here are the facts: New construction=UP! More permits were pulled last month than in any month since October of 2007. Great news there.
Notice of Defaults filed: up a slight bit in comparison to the prior 3 months, but down considerably compared to the past 3 YEARS. Almost half as many compared to our peak…
St George Utah Real Estate Market Absorption and Statistics
Sunday, June 5th, 2011 at 10:43am. 980 Views, 2 Comments.
Here is a St. George Utah real estate market snap shot illustrating market absorption for residential property in St. George for May 2011 and a year to date analysis as well.
Our St. George market is changing. While it's accurate to state that we have improved, noting that inventory is down and sales are up, it's to soon to determine if we have truly hit bottom and we are now in an upward trend, or if we are simply having a few great months fueled by low interest rates and rock bottom pricing.
May statistics showed (St. George Residential) a total of 1206 active, of which 239 were new listings, 142 sold listings, and 187 went pending. Just to focus on the last two numbers, it's interesting to point out that a total of 329 homes sold/went…
St George Real Estate Market Conditions Recap
Thursday, April 28th, 2011 at 10:45am. 1091 Views, 0 Comments.
How is the real estate market in St George? Is there still a lot of foreclosure activity in St George? Do you think the market has stabilized in Saint George? Has there been any improvement for the real estate market? What do you think will happen in the next 1-3 years in St. George real estate?
These are my “daily questions” from most St George Utah real estate buyers and sellers. I’ll try to address the current market conditions and offer my opinion for that last question too.
It’s important to note that for the third straight month, Notice of Defaults (NOD) is down. NOD’s are sent out “pre-foreclosure”. It’s when the homeowners are behind in their payments and it is the first step the bank takes to start…
The Short Sale Process Pro's and Con's
Tuesday, March 22nd, 2011 at 9:14pm. 1283 Views, 0 Comments.
A question that is being asked frequently in the St George real estate market is, “What is a short sale?” Short sales used to be an infrequent type of real estate transaction, but with current economic conditions here in St. George, more and more homeowners are opting for this type of sale, and banks have begun to offer incentives to sellers to engage in a short sale.
A short sale occurs when a homeowner elects to sell their home for less than what is owed to the mortgage holder. There are pro’s and con’s for both the homeowner and the bank in a short sale, let's take a look from both perspectives.
A Short Sale Perspective From The Bank
There are several reasons why a mortgage holder, or bank, would agree to accept less than…