This home has 5 beds, 3 baths and an extra wide 3 car garage.  It is on almost a full acre (corner lot) with sheds, chicken run, swing set, garden and is completely fenced.  Great RV parking on the side and animal rights so you can bring your horses with you.  It also has 3 decks off the main floor, allowing you to entertain with a BBQ, step out of the Master Bedroom for a quiet evening or just hang out by the flowers that surround the third deck.

The garage is a huge part of this home.  Built with a plan, it has reinforced I-Beams in the ceiling for using pulleys to lift heavy objects like a car motor or other equipment out of a truck.  Wired with 220 and plumbed with compressed air lines throughout.  And don’t worry about the winter, because you can warm the entire thing with the gas heating.  This also has in-floor mounts for the mechanic to get his lift on.

Going back inside, the master bedroom is huge and has an extra large jetted tub, dual sinks and large walk-in closet, not to mention the french doors out to your own deck.  You also have a large den/office area off to the side of the master for additional space.

Going to the basement, great fireplace, open family room, huge storage, built in vault and kitchenette in case you need to have your Mother-In-Law come and stay.  Rent it out because it works perfect with it’s alternate entrance.

So come and see this great home near Hill Air Force Base.

Call Ethan at 435-760-6934 for an appt. or questions..

Click here for full listing and images.

The above is a direct quote from a story published on Realtor.org today addressing the current real estate conditions.  I have also included more of the article below.  It is just another story being published with statistics showing that the real estate market is on the mend.

April 30th is the last day that you can qualify for the federal tax credit.  You don’t have to have purchased a home in Utah by April 30th, but you do need to have a home under contract, meaning that you and the seller have agreed in writing on the sales price and terms of a sale.  So don’t hesitate, you may just regret missing out on low interest rates, attached to $8,000 from the feds of course.

SEARCH FOR HOMES IN LOGAN UTAH HERE

Daily Real Estate News  | April 22, 2010  |

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Home Sales Rise on Tax Credit, Favorable Market
Buyers responding to the home buyer tax credit and favorable affordability conditions boosted existing-home sales in March, marking the beginning of an expected spring surge, according to the National Association of REALTORS ®.

Existing-home sales , which are completed transactions that include single-family, townhomes, condominiums, and co-ops, rose 6.8 percent to a seasonally adjusted annual rate of 5.35 million units in March from 5.01 million in February, and are 16.1 percent above the 4.61 million-unit level in March 2009.

Lawrence Yun , NAR chief economist, said it is encouraging to see a broad home sales recovery in nearly every part of the country, with two important underlying trends. “Sales have been above year-ago levels for nine straight months, and inventory has trended down from year-ago levels for 20 months running,” he said. “The home buyer tax credit has been a resounding success as these underlying trends point to a broad stabilization in home prices. This is preserving perhaps $1 trillion in largely middle-class housing wealth that may have been wiped out without the housing stimulus measure.”

Rise in Inventories, Prices

Total housing inventory at the end of March rose 1.5 percent to 3.58 million existing homes available for sale, which represents an 8.0-month supply at the current sales pace, down from an 8.5-month supply in February. Raw unsold inventory is…Read More

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Home Sales Rise on Tax Credit, Favorable Market
Buyers responding to the home buyer tax credit and favorable affordability conditions boosted existing-home sales in March, marking the beginning of an expected spring surge, according to the National Association of REALTORS®.

Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums, and co-ops, rose 6.8 percent to a seasonally adjusted annual rate of 5.35 million units in March from 5.01 million in February, and are 16.1 percent above the 4.61 million-unit level in March 2009.

Lawrence Yun, NAR chief economist, said it is encouraging to see a broad home sales recovery in nearly every part of the country, with two important underlying trends. “Sales have been above year-ago levels for nine straight months, and inventory has trended down from year-ago levels for 20 months running,” he said. “The home buyer tax credit has been a resounding success as these underlying trends point to a broad stabilization in home prices. This is preserving perhaps $1 trillion in largely middle-class housing wealth that may have been wiped out without the housing stimulus measure.”

Rise in Inventories, Prices

Total housing inventory at the end of March rose 1.5 percent to 3.58 million existing homes available for sale, which represents an 8.0-month supply at the current sales pace, down from an 8.5-month supply in February. Raw unsold inventory is 1.8 percent below a year ago, and is 21.7 percent below the record of 4.58 million in July 2008.

“Foreclosures have been feeding into the inventory pipeline at a fairly steady pace and are being absorbed manageably,” Yun said. “In fact, foreclosures are selling quickly, especially in the lower-price ranges that are attractive to first-time home buyers.”

A parallel NAR practitioner survey shows first-time buyers purchased 44 percent of homes in March, up from 42 percent in February. Investors accounted for 19 percent of transactions in March, unchanged from February; the remaining sales were to repeat buyers. All-cash sales remain elevated at 27 percent in March, the same as in February.

The national median existing-home price for all housing types was $170,700 in March, up 0.4 percent from March 2009. Distressed homes, typically sold at a 15 percent discount, accounted for 35 percent of sales last month – unchanged from February.

“With home values stabilizing, a revival in home buying confidence will likely help the housing market get back on its feet even as the tax credit impact disappears,” Yun said.

A Great Time to Buy

NAR President Vicki Cox Golder said buying conditions are in near-perfect alignment. “Even with tougher loan standards, historically low mortgage interest rates with affordable prices and a sense that the market is turning have created optimal conditions in much of the country,” she said.

Of course, my next question is, how does this affect the local economy, and more importantly, the local real estate health.  Well, I haven’t seen any stats that are specific to the Logan Utah area, but I have to assume that Northern Utah is going to fare pretty well as the nation recovers.  Utah has been able to weather the storm better than most of the nation because of the slow and steady increase in real estate prices.  Utah didn’t have the rapid increase that ultimately caused the “Bubble” to break.  So my opinion is that Utah will be ahead in the race to recovery, or should I say that is my hope. Let’s stay optimistic U.S., and get out of this mess we’re in.  Below is a peice of the article from the NYT.

The American economy added 162,000 jobs in March, the Labor Department reported Friday, while the unemployment rate held steady at 9.7 percent.

In the strongest report since March 2007, private employers added 123,000 jobs in the month.

In its report, the government also said the economic picture in January and February was better than previously thought. The economy added 14,000 jobs in January, compared with a forecast of 26,000 losses. In February, 14,000 jobs were created, compared with the 36,000 losses originally estimated.

Recent strength has come from sectors like….read more

Homes for sale in Logan Utah and all of Northern Utah are plentiful and sellers are ready and anxious to receive offers. Act now and don’t regret missing the curve.

See CNN article below….

NEW YORK (CNNMoney.com) — There’s still time to get a 5% mortgage — but the window is closing.

On April 1, the government will stop buying mortgage-related debt, which will send interest rates slowly higher.

Since November 2008 the Federal Reserve has snapped up $1.25 trillion worth of mortgage-backed securities — essentially, people’s mortgages bundled together and sold to investors.

The program has kept interest rates artificially low over the past year, with the price of a 30-year fixed-rate loan ranging between 4.93% and 5.09%, according to mortgage giant Freddie Mac.

That’s about 0.4 percentage points lower than these loans would have been without the government’s intervention, according to Jay Brinkmann, chief economist for the Mortgage Bankers Association.

But when the Fed stops buying and cedes the playing field to private investors, they will almost surely demand better return for their risk.

“Rates are going to be higher than they are now,” said Brinkmann.

How much higher is the question.

“It’s really hard to tell right now,” said Amy Crews Cutts, Freddie Mac’s deputy chief economist. “The Fed said it will taper off [purchases] gradually. Each week they buy less than the week before.”

So far, though, the tapering has failed to….click her for remainder of article.

SOUTH JORDAN, Utah (AP) — Kennecott’s Daybreak community ranked sixth for 2009 home sales among leading U.S. planned communities, according to a Washington, D.C.-based real-estate firm.

Kennecott Land, the real-estate sister company of Kennecott Utah Copper Corp., says builders sold 375 homes at Daybreak in South Jordan.

Daybreak offers houses with traditional porches, garages on back alleys, pocket parks, lots of trails and wide-open surrounding spaces. The houses start around $200,000; studio condos at $130,000.

Daybreak now has 2,300 houses and townhouses. The community, launched in 2004, will get light-rail service in about a year.

Real-estate advisers Robert Charles Lesser & Co. says Houston and Las Vegas led sales in 2009 for planned communities.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

Existing-home sales declined slightly in February, with modest gains in the Northeast and Midwest offset by softer sales in the South and West, according to the National Association of Realtors®.

Existing-home sales 1, which are finalized transactions that include single-family, townhomes, condominiums and co-ops, slipped 0.6 percent nationally to a seasonally adjusted annual rate of 5.02 million units in February from 5.05 million in January, but are 7.0 percent higher than the 4.69 million-unit pace in February 2009.

Check out Realtor.org to get the full article and find other recent articles regarding national real estate conditions.  If the article is accurate and things are on the rise, you better get off the fence now and start looking at homes before prices increase and the sellers market returns.

You see, here in the Logan Utah area, the real estate association has an open house to Realtors and the public every Tuesday (aka Home Tour). There are usually an abundance of homes for this event, can you imagine the quantity of homes that will be available to the public on April 10, when the entire real estate world of Utah is open to the public. So get ready Utah (especially Northern Utah), it is time for you to find the home of your dreams before the tax credit comes to an end.

Speaking of which, below I have included a video from utahrealestate.com explaining the tax credit, along with a link to the Utah Open House main page.  So start looking for Logan Utah Real Estate and plan on attending the statewide open house on April 10th, 2010.

Utah Real Estate Statewide Open House

So when you’re ready, search all of the real estate in Logan Utah with our very powerful and free MLS tool.  You’ll be glad you did.

Another form of competition occurs with the real estate agents. Like any business, competition is healthy and brings out the best price and service for the customer. Logan Utah realtors compete on many levels to earn your business. We want to be the one to sell your home, we want to be the one to help you find a home, we want to be the one that you refer to your friends and family, we want to be the one that makes you deliriously happy with your home buying experience. This causes us to strive to provide better quality service at a better price for you.

The one thing that this economy hasn’t done is reduce the number of Realtors that are available to serve you as a home buying or selling customer here in Northern Utah. However, just because there are plenty of agents to choose from, it doesn’t mean they all have the experience or professionalism to get you the best deal on your sale or purchase. You need a realtor that has integrity and honesty, but you also need one that has the tools of the trade to make things happen, and happen right.

Enter Cornerstone Real Estate Professionals. In just two short years, Cornerstone has been able to bring in some of the areas top agents, has developed an unparalleled web presence, and continued to expand our services with continued training and providing the latest and greatest tools of the trade. We have already expanded our service area by adding another real estate office to the Ogden Utah area.

You want to use Cornerstone for your Utah real estate needs because of our ability to drive buyers to your home if you are selling, and find you a home if you are buying. No other brokerage has the web presence that we do, therefore, more people are going to find your home online via our sites and you are going to find more homes using our site if you are in the market to buy. You want the best, you deserve the best and we want to give you the best.

Contact us today and get us working for you.

• Free Utah Real Estate Search
• Free Home CMA
• Free Internet Marketing
• Free Printed Publications
• Free Professional Sign
• Free Professional Flyers
• Experienced Negotiating
• and More

Well, the good news is, and continues to be that the Logan Utah Real Estate market will fair better than all of the other areas in Utah, at least according to a recent report on HousingPredictor.com. Below is a small piece of their article, and you can find the entire article here.

Local Utah Housing Markets at a Glance
City                         Forecast

• Salt Lake City     − 8.6%
• Ogden                    − 10.9%
• Provo                    − 8.2%
• Logan                    − 3.8%

In Logan the housing downturn has been aided by government incentives in the lower price ranges, but an over-abundance of properties in the higher ranges is still bogging down the market. Since prices didn’t escalate at double-digit rates of inflation annually during the boom, Logan will sustain the downturn much better than other areas of the state. Home sales are projected to improve across all price ranges in 2010 in the Logan area, and are forecast to see less deflation than in the past at 3.8% for the year.

The hard hit economy has forced lawmakers to cut millions of dollars from the state budget, jeopardizing programs and municipal services. Until the financial crisis, Utah had one of the strongest economies in the nation.

In Provo the market has seen rising home and condo sales with government stimulus efforts. However, the financial crisis has taken a toll on Provo’s resort economy, which has some of the best white powder snow skiing in the country. Provo has gained a reputation for being a leading worldwide resort community, and the second home market has sustained a battering with rising foreclosures.

Weary bargain hunters are expected to make efforts to pick off deals as bankers slash prices on foreclosures to sell off the inventory. The sales will have a detrimental impact on the market, which is forecast to sustain 8.2% in deflation for the year.

So there you have it, Utah will fair better than most of the Nation, and Logan Utah specifically will be atop the list for the 2010 housing market.  If you’re still on the fence to buy your new Logan Utah home, it’s time to hop down and make that purchase and take advantage of the federal tax incentive.  I have relatives who are closing on their first home this week and will be getting $8,000.00 back to spend on whatever they would like.  So start searching for the perfect homes in Utah here.