I am happy to announce that after 13 years I have decided to close my brokerage and move my real estate license to Summit Sotheby's International Realty. I chose Summit Sotheby's International Realty due to its prestigious reputation, global network, and high standard of service, which aligns with my goals of leveraging a respected brand to effectively market and sell properties, thereby maximizing value for my clients. While it was a difficult decision to close my brokerage, I am very happy with what the future will bring and the benefits it will have for all my clients that I adore.
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Planning to Retire? It Could Be Time To Make a Move. If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs . Fortunately, you may be in a better position to make a move than you realize. Here are a few things to think about when making that decision. Consider How Long You’ve Been in Your Home From 1985 to 2008, the average length of time homeowners typically stayed in their homes was only six years. But according to the National Association of Realtors (NAR), that number is rising today , meaning many homeowners are living in their houses even longer (see graph below) : When you live in a home for a significant period of time, it’s natural for you to experience a number of changes in your life while you’re in that house. As those life changes and milestones happen, your needs may change. And if your current home no longer meet
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What Happens to Housing when There’s a Recession? Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022 CEO Outlook from KPMG says : “Global CEOs see a ‘mild and short’ recession, yet optimistic about global economy over 3-year horizon . . . More than 8 out of 10 anticipate a recession over the next 12 months, with more than half expecting it to be mild and short .” To add to that sentiment, housing is typically one of the first sectors to rebound during a slowdown. As Ali Wolf, Chief Economist at Zonda , explains : “Housing is traditionally one of the first sectors to slow as the economy shifts but is also one of the first to rebound .” Part of that rebound is tied to what has historically happened to mortgage r
Retirement and Your Equity
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Planning To Retire? Your Equity Can Help You Reach Your Goal. Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the people in that generation have already retired. If this sounds like you, one thing worth considering is whether or not your current home will suit your new lifestyle. If your home doesn’t have the features or benefits you’re looking for, the good news is, you may be in a better position to move than you realize. That’s because, if you already own a home, you’ve likely built-up significant equity , and that can help you fuel your next move. According to the National Association of Realtors (NAR): “A homeowner who purchased a typical home five years ago would have gained $125,300 from j
1157 W. 400 S.
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1157 W. 400 S. Hurricane, UT 84737 Your own oasis. 2 beautiful homes on 1.96 acres of land. Comes with a pool & hot tub, 864 sqft barn with concrete floor, huge backyard with sprinkler and irrigation capabilities, a retained area prepped for water feature or pond, lots of fruit trees, electrical conduit installed in the backyard. 2nd home was built in 2020 and is a duplex, each unit rentable . Has 1 water share (Share negotiable) but on same utilities at the moment. Main home living area is currently undergoing remodel to expand the space. Remodel is planned to be completed by seller and seller is willing to give allowance towards completion if buyer wants early possession. Listed at $2,100,000.00. Click here for more pictures and Information. Call or text Johnson or Jenny Amelewu for questions or showings (435) 222-0886 (435) 429-1196
1979 W. Rivers Edge Lane
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1979 W. Rivers Edge Lane St. George, UT 84770 Beautiful, roomy, single level home on the golf course at Sunbrook. New HVAC, new range, new microwave, new water heater & water softener. Recent home inspection available. Home warranty. Great neighborhood. Come see for yourself, you'll be glad you did. Listed at $790,000.00. Click here for more pictures and information. Call or text Phil Johnson for questions or showings (435) 862-4941.