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Archive for July, 2009

Utah ranks 5th nationwide in foreclosures

Posted by UtahCribs, Real Estate, Homes on July 16, 2009

ALT LAKE CITY — Utah ranks fifth in the country for its foreclosure rate, behind only Nevada, Arizona, Florida and California.

The midyear 2009 U.S. Foreclosure Market Report from online market research firm RealtyTrac shows one in every 69 households had a foreclosure filing. That rate is up close to 88 percent from the first six months of last year.

Utah also ranks fifth in the country for delinquency filings.

Zions Bank Economist Jeff Thredgold tells the Deseret News the intermountain region is certainly getting hit hard. He also says large families are contributing to Utah’s woes, since they boast “larger-than-average” financial stresses

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The Bridges at Citifront Condos

Posted by UtahCribs, Real Estate, Homes on July 15, 2009

Here’s a look at our two bedroom model we have available downtown. These condos really are great for anyone looking to live downtown without paying the premium that comes with it.

All units have 9′ ceilings, washer/dryer hookups, granite in kitchens and bathrooms, tile in bathroom floors and showers, and three great options for flooring. Let us know what you think!

Presented by: Brad Miles 801-428-7223

List Price: $210,839 MLS# 886300  Stat: Active Ref # 1  
Address: 600 W SOUTH TEMPLE A106  Type: Condo Style: Other
City: Salt Lake City,   UT 84104  Project: BRIDGES AT CITIFRONT
Prop. Tour:  Tour NS/EW: 1 S / 600 W    
 Tot Sq Ft: 967
 Tot Beds: 2
 Tot Baths: 2.00
 Family Rms: 1
 Fireplace: 0
 Gar|Port: 1 | 0
Yr Built: 2009
Taxes: $0
Acres: 0.01
HOA Fee: $203
Under Cnst: No
Fin Bsmnt: 0%
 Exterior: Brick, Stone, Stucco
 Lot Facts: Fenced Full, Sidewalks
 Features & Info: Sliding Glass / Dishwasher, Range-Countertop
 Inclusions: DishWasher, Microwave, Range, Refrigerator
Remarks: Lowest price per sq/ft downtown!Steps from Gateway.Urban design:refinished concrete,granite, custom paint, high ceilings, pool/hot tub/fitness, gated, secure covered parking. Trax, FrontRunner, shopping, restaurants & nightlife.You can WALK! Byr2Vry All

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What will happen to interest rates??

Posted by UtahCribs, Real Estate, Homes on July 6, 2009

Tell us your opinion what will happen to rates. Right now (July 6, 2009) rates are 5.25% for a 30 year fixed. Still low historically, but up from the 4.75% rates that we were seeing a couple months ago. Here’s a link to the article from the Wall Street Journal.

http://online.wsj.com/article/SB124381108186970343.html

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