Sunday, November 23, 2008

Tuesday, November 18, 2008

Wednesday, November 12, 2008

Loan Modification, We Can Help!

The tango Team announces that is currently helping distressed borrowers with their Loan Modifications. Please contact us as soon as possible to see if you are elegible for a Loan Modification. We have experience talking and negotiating to the Banks on behalf of borrowers and we worked Chase, Wellsfargo, Citi Mortgage, Countrywide, Aurora, One, Ocwen, Wachovia, and many more...
Go back to our Web site and fill out one of the seller's forms and clarify in the form that you are interested on a Loan Modification.
We are people helping people!
http://www.thetangoteam.com/seller-info.asp

Tuesday, November 4, 2008

First Time Home Buyers

Meet Matt and Geny, they are taking advantage of this wonderful buyer's market. They are buying a home through The Tango Team. We've nagotiated for them a 11% seller price discount. The seller is paying for all their closing costs, plus a home warranty, and they are thinking about using the $7,500 Buyer's Incentive that the Government is offering.
Congratulations guys!

Real Estate Podcast in Spanish

Saturday, November 1, 2008

Net Migration Is At Record Levels

Utah had about 44,000 people move to the state in 2007.
The state is expected to have about 41,000 new residents in 2008.

Source: Utah Population Estimates Committee
Source: Economic data chart from the state of Utah

Affordable Loans Are Available

For buyers who qualify for conventional financing, mortgages are available at near historically low rates. Click here to see current and historical rates.
FHA programs are a viable alternative to subprime mortgages. In fact, the FHA market share is expected to triple over the next three years, from an estimated 7 percent in 2007 to an estimated 12 percent in 2009.
Even jumbo rates - for loans more than $417,000 - are edging downward.

Source: National Association of REALTORS®

Unemployment Is Low

The Utah unemployment rate has averaged about 2.7 percent over the past year, down from 2.9 percent in 2006.
The U.S. unemployment rate has averaged about 4.6 percent over the past year.
Utah unemployment in 2008 is expected to remain low at 2.9 percent.

Source: Utah Department of Workforce Services

Utahns Are Employed

Utahns' incomes are rising
Utah wages and incomes have been increasing between 5 and 10 percent over the past few years.
Utah wages are expected to increase nearly 5 percent in 2008.
Utahns' personal incomes are expected to rise almost 8 percent in 2008.
In 2007, Utah's average annual pay growth increased 5.5 percent from 2006, exceeding inflation for the fourth year in a row.
Personal income growth was 9 percent in 2007.

Source: Economic data chart from the state of UtahSource: 2008 Economic Report to the Governor

New Jobs Are Attracting New Residents

From December 2006 to December 2007, about 44,800 new jobs were created in Utah.
Utah job growth in December was up 3.6 percent compared to U.S. job growth of 0.9 percent.
Utah's job growth rate in 2007 was estimated at 4.5 percent, compared to 1.3 percent nationally, and no other state in the nation experienced a growth rate that was higher than 4 percent.
Employment is expected to grow 3.2 percent in 2008.

Source: Utah Department of Workforce ServicesSource: 2008 Economic Report to the Governor

Utah's Growth Outpaces The Nation

Utah's growth outpaces the nation
Utah population growth from 2006-07 was 3.2 percent while U.S. population growth was only 0.9 percent during the same time period.
Utah population growth from 2007-08 is expected to be 3.1 percent. U.S. population growth is only expected to be 0.9 percent for the same period.
According to the U.S. Census Bureau, Utah ranked third among states with a population growth rate of 2.6 percent from 2006 to 2007. The U.S. rate of growth was 1 percent.
Source: Utah Population Estimates Committee, Global InsightSource: Economic data chart from the state of UtahSource: 2008 Economic Report to the Governor

Utah Has Strong Economic Fundamentals

UTAH HAS DEMAND FOR HOMES
Utah's population is growing
In 2007, Utah had population growth of nearly 84,500 people, the highest single year increase in the state's history.
Utah's population increased 3.2 percent from 2006 to 2007, the highest growth rate Utah has experienced since the early 1990s.
25,000 to 30,000 new households were formed in 2007.
Utah is expected to add another 84,000 people in 2008.
In 2007, the state added more persons due to natural increase than in any previous year in its history, the result of nearly 54,000 births.

Our Realtor Talking About The Market Condition On A Local Radio Station