GREAT HOME UNDER $155,000.

We just listed a great new townhome for $154,900. Great location, close to everything, with views of the mountains to the west and its in immaculate condition.

See pictures at www.CacheRealtors.com or call us at 435.757.1107 for more information and directions.

Home Sales Up In February!

Sales of existing homes rose unexpectedly in February by 5.1%, making up ground from a dismal January report, according to the National Association of Realtors. Sales rose to 4.72 Million units, from 4.49 Million Units, much better than the expected drop to 4.45 Million Units.

According to the report, first-time homebuyers made up half of all purchases, and distressed properties accounted for over 40% of all sales.

Sales were especially strong in the Western U.S., such as Utah, with sales increasing more than 30% over last years numbers.

The national home inventory is at 9.7 months, with Logan, Utah at around 8.3 months.

New Homes for Under $180,000!!!

Brand New Homes for under $180,000. Pebblestone Subdivision in Logan, Utah has only two homes left. Located just two blocks west of Utah State University, these 3 bedroom, 2 bathroom homes are a steal. They all include a 2 car garage, A/C, and vaulted ceilings. They also qualify for up to $14,000 in federal and state tax credits and grants. Plus the $1000 Buyers Rewards Cash that we offer, see the details and homes at www.CacheRealtors.com.

New Growth Numbers Out

According to data recently released by the U.S. Census Bureau, the Logan, Utah Metropolitan Area was the 9th fasting growing area in the United States between July 2007 and July 2008 with a growth rate of 3.2% during that period. 4 out of the 10 fasting growing areas were in Utah and Southern Idaho. Most of the growth is attributed to the high birth-rate, low unemployment, and good housing increases drawing outsiders into these areas.

In other good news, Money Magazine recently reported an expected home-appreciation in Logan, Utah for the next two years to be around 14%. Logan also has been named as one of the best places to retire, safest communities, and has been featured on CNBC as a community that is weathering the economic recession exceptionally well.

$6000 Housing Grant Approved

Utah Gov. John Huntsman signed into law the $6000.00 New Construction Grant for the first 1,600 participants. This is for existing new construction only. Give us a call to find out all the details.

New Construction Grant

New Home Buyers in Utah can get a $6000.00 grant just for buying a new home. Utah Senate Bill 260, sponsered by Sen. Scott Jenkins, R-Plain City, offers grants of $6000.00 to all those who buy a new home in Utah. The money is set aside from $10 Million from the federal stimulus package and is meant to help the struggling Utah construction industry.

Combined with the federal tax credit of $8000.00, a homebuyer could get $14,000.00 just for buying a new home in Utah.

Call Grey & Andrea Wilson with @Home Realty at 435.757.1107 or visit www.CacheRealtors.com to get more information on Logan and Utah Real Estate. Plus you could qualify for an additional $1000.00, from their Buyers Rewards Program, for a total of $15,000. The state grant is only available to the first 1,600 participants, so the time is now.

Home-Value Insurance Idea Tossed Around

A new plan to allow homeowners the ability to purchase an insurance policy that guarantees the value of their home has been investigated as a possible solution the the current economic crisis. "If you want to restart home sales, you have to deal with the biggest factor impacting sales today, which is the erosion of home values," said Joe Hanauer, who's chairman of Move Inc., operator of the Realtor.com listings site for the National Association of Realtors.

Stay tuned for more information about this interesting idea.

- Some information taken from www.news-press.com