If you own a home in Utah, 2017 is primed to treat you right. Forbes just named our salty city as one of the top to invest in housing in 2017, and a recent Zillow report on "Hottest Housing Markets" in the nation clocked Salt Lake City at #5 and Provo at #3 (in. The. Nation). Still not convinced? Realtor.com also reported both SLC and Provo among the top 20 Top Growing Metropolitan Cities in America. So yes, in short, Salt Lake City's housing market is poppin'.
What does this mean for the homeowners in aforementioned areas? Well, for one, it means you might be sitting on a ton of equity. Equity is the difference between how much you owe on your home and the current market value of your home (see also: capital, cash, nest egg). The best way to find out just how much equity you have in your home is to complete a CMA, or a Comparative Market Analysis; this is an analysis of the current value of your home, per the market, completed by a real estate agent. Each and every one of our savvy CHC agents is well-versed in the art of the CMA, and on Tuesday, March 7th, we'll be throwing a CMA Party! Totally free. Totally fun. Seriously informative.
While you could certainly try your hand at estimation tools offered online, oftentimes those sites simply plug your address into a calculator and spit out a number (not taking into consideration short sales, foreclosures, or the condition of your home). And just because you and your neighbor both have 1,500 sq. ft. homes does not mean they will sell for the same amount. There are a number of situations and circumstances you might have questions about (downsizing, upgrading, investing, refinancing, redesigning, etc.), and we'll be at the ready for anything you have to throw at us. We have the technology--come to our HQ, have a drink, chat for an hour, and get wise to your home's worth.
CHC CMA Party! | Tuesday, March 7th, 6pm to 8pm | 645 E. South Temple