Cornerstone Real Estate Professionals

Type in 'Logan Utah Real Estate' into Google or any other search engine and look carefully over the sites.....5 of the top 10, including the top spot, are Cornerstone Real Estate websites. Our company is developing into the PREMIER technologically advanced Real Estate Company in Cache County, Utah.

As one of the youngest brokerages in Logan, Cornerstone has already established itself as one of the top professional, agressive and productive brokerages in the valley. In it's first 10 months of business it has already closed over 100 transactions and has more than tripled in size.

As a consumer what does this mean to you? Buyers, you are tapping into a circle of very hard working professionals who have extensive training in the home buying process. You also have the most extensive internet home search service in Cache Valley.

Sellers, the marketing provided by Cornerstone Real Estate Professionls is above and beyond any company in the valley. Your home will not just be listed on the MLS and print advertising distributed in Logan and surrounding areas....your home will be shown on over 50 National and Local websites! Besides the marketing, we are trained to walk through the home buying process with minimal complication.

Please give us a chance to serve you.....contact Kaleb Kunz at 435-760-1466 or visit my website to start you home search at www.kalebkunz.com

Thanks!

Logan Leads Utah in Appreciation

Logan currently leads the state of Utah in Real Estate Appreciation at 3.67%. That may not seem like a huge percentage but it is very strong for the down market the Nation is seeing. Meanwhile there are areas in CA that are seeing up to 34% DEPRECIATION. In Stockton, CA there 1 in 25 homes are in foreclosure compared to 1 in 226 in the state of Utah.

Cache Valley has only had 420 default notices out of 24,000 single family residences. The valley also has a lower average price per home than the rest of the state. Currently we are around $180,000 compared to $249,000 in Salt Lake County.

Logan is still a very affordable place to buy a home and, although down a little from last year, is still seeing good growth in home values.

If you need to search for any listings in Logan or surrounding areas, visit Logan Utah Real Estate

Income Property Thoughts For Logan Utah

In 2007 there were only 9 income properties sold in Logan Utah. Income property meaning legal duplex, triplex or 4-plex. The average price was $205,162.

So far this year we have seen 25 properties sold and the average price is slightly higher at $207,266. Obviously the demand for these types of properties has gone up but why hasn't the price?

My belief is that in the Spring-Fall of 2005 there was such a demand for these properties that prices jumped substantially faster than they should have. They have taken the past few years to catch correct and now the demand is picking back up again. I think that the pricing will go up more in the Spring as the market picks up again and demand is even higher.

Beautiful Smithfield Estate

Logan Utah Real Estate

Cache Valley Market Comparisons

I had a little time on my hands today and wanted to compare the past couple of years of the Cache County Real Estate Market......so here we go!

Jan. 1, 2007 to Sept 6, 2007

During this time there were 1611 new single family / condo listings with the average listing price of a new listing at $225,010. There were 850 single family residences (not condos) closed at the point in the year for 2007. The average price of a sold home was $199,322.

There were also 100 condos sold with an average price of $109,413.

The average Days on Market (Time from listing date to the date an offer was accepted) was 63 days.

Jan. 1, 2008 to Sept. 6, 2008

So far in 2008 there have been 1660 new listings in Cache County with the average new listing price at $226,994. Single family residence sales are at 694 with the average sales price at $200,189.

For condos there have been 80 sales at an average price of $130,903.

The average Days on Market has been 70 days.

Summary: Sales are slightly down from last year (surprise, surprise) with 950 total homes sold by Sept. 6, 2007 compared to 774 so far in 2008. Days on Market has increased slightly as well as the number of new listings.

One bright note is the increase in appreciation for condos in 2008 compared to 2007. Single family homes are slightly up but not by much.

Hopefully this Winter will stay steady and we will see a good increase into the Spring!