The Jimmy Rex Team

Salt Lake County Notice of Default 6/2/2010

13636 Vestry Rd Draper
507 Hollow Creek Rd Draper
14689 Bright Wood Rd Herriman
5343 Leila Ln Herriman
2933 S 9000 W Magna
2560 E Ailee Ln Murray
4734 S 700 E 68 Murray
13585 S 2140 W Riverton
1042 E 3950 S Salt Lake City
3125-3131 W 2995 S Salt Lake City
722 Northcrest Dr Salt Lake City
419 Woodland Ave Salt Lake City
5890 Misty Way Salt Lake City
4321 S 4625 W Salt Lake City
1073 Hyland Lake Dr Salt Lake City
6572 S 1670 E Salt Lake City
4810 S 4580 W Salt Lake City
2350 S West Temple Salt Lake City
8543 Johnson Way Dr Sandy
1795 E 9845 S Sandy
80 E 8640 S Sandy
3376 Water Crescent Pl South Jordan
4268 Degray Dr South Jordan
11321 Alisa Meadows Dr South Jordan
4658 Aire Dr West Jordan
6401 Castleford Dr West Jordan
6677 Sedonia Ct West Jordan
5388 Saguaro Dr West Jordan
1561 W 7000 S 200 West Jordan
8132 S Echo View Dr West Jordan
5027 W 7770 S West Jordan
2169 W 8910 S West Jordan
4692 Emmons Dr West Jordan
5894 Peron Ln West Valley City
3582 Atlas Way West Valley City
4529 W 3060 S West Valley City
3062 Appleton Dr West Valley City
3672 S 6830 W West Valley City

Posted in Magna Utah Real Estae, Salt Lake County Real Estate, Real Estate Statistics, Murray Utah Real Estate, Salt Lake City Real Estate, Riverton Utah Real Estate, South Jordan Utah Real Estate, West Valley Utah Real Estate, West Jordan Utah Real Estate, Real Estate Investor Utah, Herriman Utah Real Estate, Utah Real Estate for Sale, Utah Real Estate Agent, Sandy Utah Real Estate, Utah Real Estate Foreclosure, Utah Real Estate Market, Utah Real Estate Com, Draper Utah Real Estate | No Comments »

Utah County Notice of Default 4/28/2010

697 E 1590 S Lehi
7873 Apache Ln Eagle Mountain
486 N 400 E Spanish Fork
504 S 300 W Santaquin
615 Circle Cv Lehi
11244 N Shoreline Dr Highland
5359 W 11430 N Highland
1088 N Ridge Way Spanish Fork
5902 W Canterbury Park Cir Highland
288 S Hillside Dr Elk Ridge

1246 W 3300 N Pleasant Grove
2067 E 1050 S Spanish Fork
3487 Colony Cv Lehi
2520 W 450 S 4 Springville
2735 Double Eagle Dr Lehi

4107 Montego Dr Saratoga Springs
257 W 220 S Orem
1999 N Columbia Ln Orem
2125 Morning Star Dr Saratoga Springs
1378 E 1500 N Lehi
1757 American Way 4 Eagle Mountain
1029 W 520 S Spanish Fork

4202 N Canyon Rd Provo
1999 S Columbia Ln Orem

Posted in Pleasant Grove Utah Real Estate, Spanish Fork Utah Real Estate, Real Estate Statistics, Real Estate Investor Utah, Springville Utah Real Estate, Elk Ridge Utah Real Estate, Saratoga Springs Utah Real Estate, Eagle Mountain Utah Real Estate, Santaquin Utah Real Estate, Utah Real Estate Market, Utah Real Estate Com, Utah Real Estate for Sale, Utah County Real Estate, Utah Real Estate Agent, Highland Utah Real Estate, Provo Utah Real Estate, Utah Valley Real Estate, Provo Utah Real Estate Agent, Utah Real Estate Foreclosure, Orem Utah Real Estate, Lehi Utah Real Estate | No Comments »

Utah County Notice of Default 11/5/2009

8832 Jefferson Dr Eagle Mountain
552 Lakeview Dr Lehi
872 E 400 N Orem
1119 N 750 W Orem
374 W 1640 S Orem
1140 S 880 W Payson
550 E 700 S Springville

Posted in Real Estate Investor Utah, Utah Real Estate Market, Real Estate Statistics, Springville Utah Real Estate, Eagle Mountain Utah Real Estate, Payson Utah Real Estate, Utah Real Estate Com, Utah Real Estate Foreclosure, Utah County Real Estate, Utah Real Estate Agent, Utah Real Estate for Sale, Utah Valley Real Estate, Orem Utah Real Estate, Lehi Utah Real Estate | No Comments »

Utah County Notice of Default 12/22/2008

814 S 1230 E Alpine
562 N 1200 E American Fork
83 W 300 N American Fork
11936 N Atlas Dr Highland
11989 N Atlas Dr Highland
6342 W Adonis Dr Highland
5729 W 10770 N Highland
1302 N 1200 E Lehi
689 S 1545 W Orem
377 W 1410 S Orem
564 Pleasant Cir Orem
1135 N 100 E Pleasant Grove
846 N 750 W Provo
290 E 4000 N Provo
243 N 200 W Spanish Fork

Posted in Real Estate Investor Utah, Utah Real Estate Com, Provo Utah Real Estate Agent, Real Estate Statistics, American Fork Utah Real Estate, Pleasant Grove Utah Real Estate, Spanish Fork Utah Real Estate, Utah Real Estate Foreclosure, Orem Utah Real Estate, Utah Real Estate Agent, Alpine Utah Real Estate, Highland Utah Real Estate, Utah County Real Estate, Utah Real Estate for Sale, Utah Valley Real Estate, Provo Utah Real Estate, Lehi Utah Real Estate | No Comments »

Salt Lake County Notice of Defaults 6/18/2008

13338 Nashi Ln Draper
12667 Bear Meadow Ct Draper
13268 Laurel Park Ln Draper
14547 Friendship Dr Herriman
14068 Prospero Ln Herriman
2844 E 4430 S Holladay
7504 Burr Dr Magna
7945 Thoreau Dr Magna
7381 Candis Dr Magna
1279 Glengyle Ct Murray
117 W 6480 S Murray
5037 Commerce Dr Murray
5057 Commerce Dr Murray
5057 Commerce Dr Murray
5057 Commerce Dr Murray
5057 Commerce Dr Murray
12954 S Redwood Rd Riverton
12954 S Redwood Rd Riverton
12369 Breaker Point Cir Riverton
4754 Salish Cir Riverton
13905 S 1300 W Riverton
1538 Laird Ave Salt Lake City
1150 Ramona Ave Salt Lake City
5538 Sunbury Pl Salt Lake City
1108 E 6600 S B4 Salt Lake City
4914 Niagara Way Salt Lake City
1055 Valentine St Salt Lake City
4996 S 4460 W Salt Lake City
515 E St Salt Lake City
1916 Gander Ln Salt Lake City
1795 Antilles Dr Salt Lake City
16 Quietwood Ln Sandy
11463 Katey Ct Sandy
11269 Hawkwood Dr Sandy
10189 Phlox St Sandy
9870 S 540 E Sandy
2784 Canton Ln Sandy
806 E 8475 S Sandy
5830 Hill Stone Dr South Jordan
9673 S 2810 W South Jordan
1631 Wynview Ln South Jordan
150 E Wentworth Ave 52 South Salt Lake
154 E Wentworth Ave South Salt Lake
5440 S 3535 W Taylorsville
7102 Sorrento Way West Jordan
7326 Tico Dr West Jordan
6742 Dixie Dr West Jordan
7130 Cimmarron Dr West Valley
6557 W 3940 S West Valley
3060 S 4960 W West Valley
5031 Bannock Cir West Valley

Posted in Salt Lake City Real Estate, Murray Utah Real Estate, Magna Utah Real Estae, Salt Lake County Real Estate, West Valley Utah Real Estate, Taylorsville Utah Real Estate, South Salt Lake Utah Real Estate, Riverton Utah Real Estate, South Jordan Utah Real Estate, Real Estate Statistics, West Jordan Utah Real Estate, Herriman Utah Real Estate, Utah Mountain Real Estate, Holladay Utah Real Estate, Sandy Utah Real Estate, Utah Real Estate Foreclosure, Real Estate Investor Utah, Utah Real Estate Market, Real Estate Investment Utah, Draper Utah Real Estate | No Comments »

Utah County Notice of Defaults 6/18/2008

631 N Hillside Cir Alpine
4979 Country Club Dr Highland
211 E Main St Lehi
573 S Olive Pl Lehi
352 N 470 W Lindon
166 N 890 W Orem
217 N 260 W Orem
672 E 1650 N Orem
117 S Campus Dr Orem
468 N 100 E Provo
Provo Provo
404 N 1480 E Provo
765 W 2150 N Provo
370 E 400 S Provo
1536 W 1970 N Provo
1374 Cedar Pass Dr Santaquin
1334 S 2700 E Spanish Fork
197 S 1060 East Spanish Fork
958 W 1000 S Springville
537 W 200 S Springville

Posted in Real Estate Statistics, Real Estate Investor Utah, Utah Real Estate Market, Spanish Fork Utah Real Estate, Springville Utah Real Estate, Santaquin Utah Real Estate, Lindon Utah Real Estate, Real Estate Investment Utah, Utah Real Estate Foreclosure, Utah Mountain Real Estate, Alpine Utah Real Estate, Highland Utah Real Estate, Utah County Real Estate, Provo Utah Real Estate, Orem Utah Real Estate, Utah Valley Real Estate, Lehi Utah Real Estate | No Comments »

Utah County Notice of Defaults 6/13/2008

10587 Avalon Cedar Hills
5219 N Morning Dove Cir Lehi
5165 N Eagles View Dr Lehi
783 E 2200 N Lehi
14 W 450 N Lindon
735 N Murdock Dr Pleasant Grove
1716 E Ridgefield Rd Spanish Fork
510 N 250 W Springville

Posted in Spanish Fork Utah Real Estate, Real Estate Statistics, Pleasant Grove Utah Real Estate, Springville Utah Real Estate, Lindon Utah Real Estate, Cedar Hills Utah Real Estate, Real Estate Investor Utah, Utah Real Estate Market, Utah County Real Estate, Utah Mountain Real Estate, Utah Valley Real Estate, Utah Real Estate Foreclosure, Utah Real Estate Com, Real Estate Investment Utah, Lehi Utah Real Estate | No Comments »

Utah County Notice of Default 3/10/2008

658 E High Ridge Ln Alpine
398 Jefferson Ave American Fork
6239 W Skyline Dr Highland
248 S Meadow Brook Ct Lehi
617 S 1920 West Orem
607 S 1920 West Orem
595 S 1920 West Orem
750 S Fairway Ln Orem
557 W 460 N Orem
723 N 880 W Pleasant Grove
225 S 200 E Spanish Fork

Posted in Real Estate Investor Utah, Utah Real Estate Market, Utah Real Estate Com, Real Estate Statistics, American Fork Utah Real Estate, Pleasant Grove Utah Real Estate, Spanish Fork Utah Real Estate, Utah Real Estate Foreclosure, Orem Utah Real Estate, Alpine Utah Real Estate, Highland Utah Real Estate, Utah Real Estate Agent, Utah County Real Estate, Utah Valley Real Estate, Utah Real Estate for Sale, Lehi Utah Real Estate | No Comments »

Small Decline in Home Ownership Across the United States

Here is an interesting stat that came from the Federal Reserve Bank of Atlanta. Homeownership rose from 64% in 1994 to 69% in 2004. Since 2004 the rate of homeownership has declined nearly a point to 68.2%.

The combination of upward mobility and easier credit opened many doors to owning ones own home. However, back in 2004 the focus was on greater opportunity for new homebuyers, now with tighter credit many are caught in a crunch.

Many analysts have pointed to easy lending as a contributor to the housing boom, but the Atlanta Fed paper may be the first to quantify its effect in a rigorous way. Using math-heavy macroeconomic analysis, the authors conclude that the availability of new mortgage options accounted for 56% to 70% of the decade-long increase in the U.S. homeownership rate, while demographic changes accounted for only 16% to 31%. Although the paper cites lowered downpayment requirements as the biggest factor in raising ownership, co-author Carlos Garriga of the St. Louis Fed says a forthcoming paper will attribute more of the effect to “teaser” loans with low introductory payments that appeal to young and lower-income buyers. via Business Week

The homeowners on the bottom end of the rung, those that comprise the homeowners in the 64% to 68% range, are obviously the ones that have the greatest risk in homeownership. What will be interesting to see is since loose credit was a primary reason for them to become homeowners and now we are facing tighter credit again, what will the downside be to the national housing market?

And with fewer potential buyers and the speculators gone, what will the larger market use to find the bottom since there is pressure with both high inventory and more foreclosures on the horizon?

Posted in Real Estate Statistics | No Comments »