Today I’m visiting Tinker’s Cat Cafe, which just opened last week.
The cafe has coffee, tea, cat-themed treats, and, of course, feline friends to keep you company during your visit.
The walls were covered in places for them to climb and the floors had plenty of comfy beds and rugs for the cats to relax in while we humans enjoy our food and drink.
Whether you want to snuggle and play with the cats or simply watch them explore, Tinker’s is so much fun.
Each and every cat at Tinker’s is up for adoption.
The best part is that each and every cat at Tinker’s is up for adoption. When you visit, you could be leaving with a new friend.
Even if you don’t plan to adopt, though, you can still enjoy the therapeutic benefits of spending time with these sweet felines.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
I’ve got the latest numbers from the Salt Lake market update. We’re approaching the fourth quarter, so this hopefully this update will help you understand what’s going on in the area as we make the transition.
Let’s start with rates. The interest rates continue to be pretty low, though the Fed is threatening to raise them in December, so we’ll see what happens when that decision is made. Currently, conventional interest rates hover slightly above 4%, and FHA and VA rates are just below 4%. All in all, interest rates are still very good, keeping buyers active in the marketplace.
Though it softened up at the beginning of the fall, the market is still very strong and we’re seeing multiple offers again.
Interest rates are still very good, keeping buyers active in the marketplace.
Values have plateaued. This can be seen as a good thing since they haven’t continued to rise and make housing unaffordable to most people.
Here are a few statistics for you:
In 2017, the average days on market is 34 days. Interestingly, this is the same average as last year.
Almost 11,000 homes have sold in Salt Lake County this year so far. The entirety of 2016 saw 11,330 homes sold, so it looks like we’re on track to surpass that in 2017.
Year to date, the average sales price is $372,853 for a single-family home. For the third quarter of 2016, the average was $341,943. This shows that there’s been quite a year-over-year increase in single-family home values.
There are about 3.5 months of inventory on the market right now, meaning if no one else were to put their homes up for sale, we’d sell all of the currently available homes in 3.5 months. A healthy market has between three and six months of inventory, so we’re in a great time to sell, but not so much that the market is skewed against buyers.
As I said, we’re in a good, healthy market. Despite media scare tactics, there’s nothing indicating that a bubble or a crash is imminent.
If you have questions or want to discuss this further, please feel free to reach out to me. I’d love to hear from you.
It’s that time of year again. Property tax season! Most municipalities are adjusting values and therefore raising taxes. You probably have already received your notice this year, but I wanted to make you aware of a few different things about them.
You’ve probably already received your notice in the mail.
The first thing you’ll get is a notice in early fall. Then a month or two later, you’ll receive a property tax bill that’s typically due sometime in November or late December. It’s important to note that this bill is something that’s typically included in your escrow account. Your mortgage company actually mails out that check. Before you decide that you need to pay your property tax bill, check with your mortgage company to see if you already have.
If you have any questions about this or about protesting your property taxes, I’d be glad to assist. Just give me a call or send me an email. I look forward to hearing from you soon.
