Those TV shows make it look so easy. Buy an old house, make some renovations, and sell it for a pile of money! But in the real world, investing in real estate is a speculative venture that requires a thorough knowledge of the housing market, access to capital (known as hard money), and a willingness to take a calculated risk. Real estate investors, known in the industry as … [Read more...]
Super Hot Housing Market in Sugar House
It’s getting harder for first-time home buyers in Utah to afford a home, especially in Salt Lake neighborhoods like Sugar House. With so much competition amongst buyers, it is difficult to even get an offer placed before a home is sold. Monique Higginson is a real estate broker and owner of Market Source Real Estate in Sugar House. For 15 years she has represented homes for … [Read more...]
Babs in the City—Estate Sales, Treasures and Hoarding
Someone recently told me that I was on the verge of becoming a hoarder. Yikes! My wife smiled and agreed that I have eccentric tastes, and a lot of original art by local artists, and art made by my own hands hanging everywhere, plus too many books and altars. I responded, “It looks crowded, but that’s only because we need more room!” I don’t have papers stacked floor to … [Read more...]