Author Archives: Walter Crovo

Don’t Wait For New Construction, Move in NOW!

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In our ever changing St George real estate market I have a game plan for you! You want to buy into new construction but you don’t want the 6 to 7 month wait?

Take a look at all the NEW Construction homes in Washington County. Some buyers, for one reason or another just can’t perform after their new construction is ready. You can taske advantage of that right now!

Builders do not want to sit on these homes and arte anxious to get them sold. This presents a perfect opportunity for you get a brand new home with the wait.

Do you want more information on or St George real estate market? Just click right here for St George real estate MARKET TRENDS or MARKET STATS!

Call me today so I can give you a private tour and show you the inside of all the homes for sale in Washington County. I can show you any home for sale in the St George area listed by any company.

We can go anytime you want. Let’s get you out there.

Remember you can customize any St George or southern Utah home for sale search any way you want it. Get timely updates on any of your favorites. See them before many agents even wake up! And it’s FREE and available to you 24/7.

If you have any questions or need any help with your search. We are here and very responsive to your wants and needs and happy to assist in customizing a search just for you.

Contact me now and I can help get you fully qualified. You do not want to lose your dream home because you weren’t prepared!

Take a look at St George Mortgage Rates Right now!

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A Look Into the Markets

This information was from one of St George Utah’s trusted Lenders.
Chantry Abbott
Branch Manager | NMLS #309670
1224 S. River Rd. Suite A102, St George UT 84790

Home loan rates have enjoyed the 6th consecutive weekly decline as bond friendly news continues to hit the wires. Let’s review what is happening in the financial markets, the economy and prepare for a big news week ahead.“Yeah, it’s alright, we’re doin’ fine, so fine. Thunderstruck, yeah, yeah, yeah” Thunderstruck by AC/DC.Winning Streak Extends to SixThrough late October, we were experiencing one of the worst bond market/interest rate trends in our lifetime. But a culmination of weak inflation data, weak labor market news and rising expectations of an economic slowdown has prompted one of the sharpest rate improvements in decades.How good has it been? Home loan rates have improved for six straight weeks after touching 8.00% in October. So, like the old hit show was titled “Eight is Enough”.Fed is DonePart of the reason for the rate improvement is the idea the Fed has finished hiking rates. We will likely find out for sure over the next week as there is a ton of important data and a Fed Meeting. As of this moment, the Fed Funds Futures market is pricing in no more hikes and a reasonable chance of a rate cut by March.History is on our side. If you look back at the previous four rate hiking cycles over the last 30 years, on average the first rate cut comes 8.6 months after the last hike. In this cycle, the Fed last hiked rates in July, which means, by historical standards we could see a rate cut by April.Markets are forward looking, so the improvement in rates we have seen is the bond market expecting the Fed to be done.Help Wanted Signs DisappearingOctober showed the number of jobs available declined by 617,000 to 8.7 million. This number was less than expected and highlights the slowdown in the labor market. This is what the Federal Reserve wants to see as it slows demand and tamps down inflation. It is also yet another data point to support the Fed’s next move being a rate cut as they want to be very careful not to push the economy into a recession with excessively higher rates.The Quote of the Week”Persistently high interest rates would present a “somewhat greater challenge” for the government.” Treasury Secretary Janet YellenQuotes like these remind the world that higher rates are a problem and seeing this decline continue is both likely and welcome.4.00%The 10-year Note yield has declined from 5.00% to just above 4.00% in the past six weeks, highlighting the rapid rate improvement we discussed above. The 4.00% level is worth following closely. It may take even more bond-friendly news to push yields into the 3’s, which virtually no one was forecasting six weeks ago.Bottom lineInterest rates have improved at a record pace the last six weeks. Now our eyes are set on yet another huge news week, which may very well define whether rates can improve another level or not.Looking AheadNext week’s high-risk events will need to be digested by investors and the markets. The big event will be a two-day Fed meeting which kicks off on Tuesday and ends on Wednesday with the release of the monetary policy statement. Also, consumer inflation data from the Consumer Price Index (CPI) and wholesale data from the Producer Price Index along with a reading on consumer spending will be delivered. Job growth has been declining while the frothy Gross Domestic Product in Q3 2023 is now seen far lower in Q4. If this CPI report shows a much-needed decline in inflation (achieved because rents and energy prices are declining), it may very well confirm the Fed has finished raising rates.Mortgage Market Guide Candlestick ChartMortgage bond prices determine home loan rates. The chart below is a one-year view of the Fannie Mae 30-year 6.5% coupon, where currently closed loans are being packaged. As prices move higher, rates decline, and vice versa.On the far-right side of the chart, you can see how prices have been on a sideways to an upward staircase after having been on a downward staircase up until the end of October.
The material contained in this newsletter has been prepared by an independent third-party provider. The content is provided for use by real estate, financial services and other professionals only and is not intended for consumer distribution. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, there is no guarantee it is without errors.

You Need to Move to Friendly St George Utah Now!

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I wanted to share a YouTube video that shows just how friendly and wonderful St George is. Another reason to pack your things and move to St George. Old fashioned friendly small town feel. You can search for the allc the St George Utah real estate available right now right here! Check out out local vendors and how they treat strangers! You won’t find that just anywhere. So welcome to St George Utah! Make the move now!

Take a peek at our St George Utah Real Estate Market Trends and current and accurate St. George and Southern Utah Market Statistics

Call me today so I can give you a private tour and show you the inside of all the homes for sale in Washington County. I can show you any home for sale in the St George area listed by any company.

Remember you can customize any St George or southern Utah home for sale search any way you want it. Get timely updates on any of your favorites. See them before many agents even wake up! And it’s FREE and available to you 24/7.

If you have any questions or need any help with your search. We are here and very responsive to your wants and needs and happy to assist in customizing a search just for you.

 

Find All the Washington County Water Available Now!

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Find all the available water rights and shares in St. George and Washington County Utah now! Before you do I have laid out some valuable information for you to study. This information will help put you on the right track for success! And remember I’m only a phone call away.

As a Realtor in St George and Washington County Utah I have had the opportunity to sell water shares and rights in Utah. Let’s start our by defining water shares and water rights in Utah.

WATER RIGHT: Right granted by the state to use a specific amount of water from a specific source for a beneficial use at a specific place.

WATER SHARE: Share of a stock in a mutual water company that entitles the holder to a portion of the company’s water right(s).

Open Map
62 Matches Found
$5,369,000
0 N Mineral Springs RD, Mt. Carmel, UT
Active
22SF
Last Modified: 8:45pm, February 15, 2024
Listing Office: BROWN & CO OF PARK CITY
$89,000
1451 N Foothill DR, Paragonah, UT
Active
1SF
Last Modified: 11:07pm, February 12, 2024
Listing Office: In Depth Realty St George
$100,000
5 Acre Feet of Water Right, Cedar City, UT
Active
Last Modified: 12:00am, February 10, 2024
Listing Office: RE/MAX ASSOCIATES SO UTAH
$195,000
Lakeview DR N, Gunlock, UT
Active
50,094SF
Last Modified: 4:51pm, February 8, 2024
Listing Office: Windermere Real Estate
$70,000
4 AFW, Beryl, UT
Active
Last Modified: 7:37pm, February 1, 2024
Listing Office: ERA Realty Center
$18,000
Water N of HWY 56, Cedar City, UT
Active
Last Modified: 11:25pm, January 31, 2024
Listing Office: Stratum Real Estate Group So Branch
$56,000,000
Sand Cove RD, Dammeron Valley, UT
Active
3,125,386SF
Last Modified: 8:20pm, January 26, 2024
Listing Office: THE AGENCY ST GEORGE
$689,000
27 Acre N E Frontage Road, Paragonah, UT
Active
1,176,120SF
Last Modified: 6:52pm, January 25, 2024
Listing Office: EQUITY REAL ESTATE (ST GEORGE)
$199,000
PARCEL # 01-0252-0003, Beaver, UT
Active
21,285SF
Last Modified: 10:30pm, January 23, 2024
Listing Office: RED ROCK REAL ESTATE CENTRAL
$250,000
Elk Meadows Dr Lot 7, Alton, UT
Active
130,244SF
Last Modified: 12:28am, January 23, 2024
Listing Office: KW SG KELLER WILLIAMS SUCCESS
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Information deemed reliable but not guaranteed.
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They are conveyed in different ways as well. A water right in Utah is conveyed through a deed and is generally appurtenant (Appurtenant simply means to be attached. This water right is then passed with the land, and the law regarding this can be found under Utah Code Section 73-1-11. The best way to tell who has ownership of water is by going to the county, where they keep a record of deeds on water and land ownership). A Washington County water share is conveyed in the form of an endorsement or certificate.

Something critical for you to know is that only two title companies in the entire state insure water Utah water rights. Let me help you have a successful transaction.

Call me today so I can give you a private tour and show you the inside of all the homes for sale in Washington County. I can show you any home for sale in the St George area listed by any company.

Remember you can customize any St George or southern Utah REAL ESTATE search any way you want it. Get timely updates on any of your favorites. See them before many agents even wake up! And it’s FREE and available to you 24/7.

If you have any questions or need any help with your search. We are here and very responsive to your wants and needs and happy to assist in customizing a search just for you.

Have fun and Buy St George real estate right now!

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If you are considering buying St George real estate or any real estate for sale in Washington County October is the right time! Why? Because we have perfect weather in October and two of the biggest events St George hosts happen right now!

First of all we are hosting the St George Marathon on October 7th. A fun time for the entire family. Click on the link above to get all the information on this awesome event.

Second event we host is the Huntsman World Senior Games. This is a senior event that the whole family can enjoy. It lasts for several days and is jam packed with things to do. The Huntsman games have been going on for over 30 years!

Go ahead and click on this link to find all the Events in St George and surrounding area happening right now!

So if you are looking to purchase a home or a lot or land in St George this is a perfect time to make the move. October is considered our finest weather month. Warm days and cool evenings make this ther place to be in October!

Call me today so I can give you a private tour and show you the inside of all the homes for sale in Washington County.

Remember you can customize any St George or southern Utah home for sale search any way you want it. Get timely updates on any of your favorites. See them before many agents even wake up! And it’s FREE and available to you 24/7.

If you have any questions or need any help with your search. We are here and very responsive to your wants and needs and happy to assist in customizing a search just for you.

Contact me now and I can help get you fully qualified. You do not want to lose your dream home because you weren’t prepared!

Find out why St George Utah is always one of the fastest growing cities in the USA!

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Good, bad or indifferent St George never rests from this headline. Take a look and find out why by search through my web pages now! Take a look at the latest press release on see just what’s goi9ng down down here in Dixie! Click here and see why St George is one of the fastest growing cities in the USA!!

Are you analytical? Click here! Or click here take a look at St George Real Estate Market Stats now! You will find some interesting information. If numbers are confusing give me a call and I will be happy to go over them with you. Remember these number are dynamic and updated daily so come back often.

Check out these pictures! St George and Washington County Utah is known forit’s natural beauty and wonderful weather. Come and explore and find out why we keep growing! 

Now is the time to buy St George Utah Real Estate

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With all the talk of high interest rates and over the top home prices let’s take a look at the options.

Start by taking advantage of the 7% reduction in home prices is St George and all of Washington County Utah over the last year! You can do that right now!

Don’t hesitate because right now we are in a seller’s market that is creating an advantage for qualified buyers. Seller’s are buying down interest rates for you! You need to move forward with your home purchase immediately. This will not last forever.

Inventory levels, also known as absorption rate, have been sitting at 4 months for the last several months, Take a look at the St George Utah Market Stats and Market Trends. These numbers are dynamic so check in often for the latest and greatest information. Even better put me and my staff to work for you, it won’t cost you a penny to take advantage of our decades of Southern Utah Real Estate experience.

Take advantage of the fact that this website information is in real time! No delays or overlays. You have access to the information at the same time the agents do!

Call me today so I can give you a private tour and show you the inside of all the homes for sale in Washington County. I can show you any home for sale in the St George area listed by any company.

We can go anytime you want. Let’s get you out there.

Remember you can customize any St George or southern Utah home for sale search any way you want it. Get timely updates on any of your favorites. See them before many agents even wake up! And it’s FREE and available to you 24/7.

If you have any questions or need any help with your search. We are here and very responsive to your wants and needs and happy to assist in customizing a search just for you.

Contact me now and I can help get you fully qualified. You do not want to lose your dream home because you weren’t prepared!

Feel the Red Hot St George Real Estate Market-See How to Cool it Down now!

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The Southern Utah real estate market is red hot! So are our July temperatures! Take a look at a great way to cool down right now, at least with the outside temperatures. Here is a list of all the homes for sale with SWIMMING POOLS.

Here is a link to some swimming pool maintenance hacks. This could be useful once you settle into your new St George home with a swimming pool. 

Now the red hot Southern Utah real estate market should not discourage you as a St George home buyer! Why? You ask. Well home prices have steadily adjusted downwards the past 12 months (2022/2023). Sellers are offering incentives, again! One year ago that was unheard of. These incentives balance the higher interest rates! 

Take a look at our St George real estate market trends. These charts and graphs look at the last year of our St George  real estate market. Month by month accurate coverage and comparison.  It’s just what you need to know to be a successful Southern Utah home buyer.

St George Utah Market Stats is another page with a wealth of information to help guide you through our real estate housing market. All this free real estate information is in real time. The absolute most up to date on time St George and Southern Utah housing market information. 

Call me today so I can give you a private tour and show you the inside of all the homes for sale in Washington County. I can show you any home for sale in the St George area listed by any company.

We can go anytime you want. Let’s get you out there.

Remember you can customize any St George or southern Utah home for sale search any way you want it. Get timely updates on any of your favorites. See them before many agents even wake up! And it’s FREE and available to you 24/7.

If you have any questions or need any help with your search. We are here and very responsive to your wants and needs and happy to assist in customizing a search just for you.

Contact me now and I can help get you fully qualified. You do not want to lose your dream home because you weren’t prepared!

 

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Now is the time to take a Look at the First Time Utah Homebuyer Program!

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Don’t hesitate because this program start July 1 2023 and the money won’t last long! Utah Housing Corporation (UHC) programs offer mortgage loans to qualified first time homebuyers and homebuyers who have previously owned a home. UHC provides down payment and closing cost assistance helping homebuyers without the required funds to purchase a home.

Take a Look at this First–time Homebuyer Program Assistance

The Utah Legislature appropriated $50 million to assist approximately 2,500 first-time homebuyers and incentivize builders to produce affordable housing units throughout the state.
You may receive up to $20,000 in Program Assistance and the funds may be used for down payment, closing costs, and/or a permanent interest rate buy down for the qualifying mortgage loan.

Taskr advantage of this if you can…Grants for Veterans

The Utah Legislature appropriated funds to assist Veterans purchase a home in Utah. The Grant is for members of the military or veterans’ who separated in the last five years and is a first-time Utah homebuyer. Eligible veterans’ could receive up to $2500 cash when they purchase a home, the Utah Veterans Grant does not require repayment.

Start your search and take a look at my USDA home loan programs by CLICKING RIGHT HERE!

Call me today so I can give you a private tour and show you the inside of all the homes for sale in Washington County. I can show you any home for sale in the St George area listed by any company.

We can go anytime you want. Let’s get you out there. Start your SEARCH RIGHT HERE!

Remember you can customize any St George or southern Utah home for sale search any way you want it. Get timely updates on any of your favorites. See them before many agents even wake up!

If you have any questions or need any help with your search. We are here and very responsive to your wants and needs and happy to assist in customizing a search just for you.

Contact me now and I can help get you fully qualified. You do not want to lose your dream home because you weren’t prepared!

Use this Website to Search for St George Real Estate Now!

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And here is why….you have the same information in real time. In other words you get the information at the same time the Realtor’s get it. That will make a difference if you are searching for homes for sale in St George and or Washington County Utah. So take advantage of this free feature right now! Sign up and get notified of any changes or updates in the St George real estate market!

Has the most comprehensive data set in Washington County.

As of today, the WCBR MLS currently holds 1,044 active listings between Washington County & Iron County, compared to 569 active listings in out-of-area MLS’s. This means a couple of things. First, that the WCBR MLS holds the most *complete* source for all available listings in our area. It also means that the WCBR MLS is the only place where a consumer can rely upon the accuracy of market data important to buyers and sellers. The accuracy of pricing listings matters, and therefore, benefits the agent AND consumers alike.

Every market is unique. “There” is not “here.”

Subscribing to an MLS with the most complete property data means you have a deeper understanding of unique market variables, seasonality, market dynamics & trends, buyer negotiations, and more. Our local market is dramatically different than the general metro Utah market. This means that subscribers of the WCBR MLS are the local real estate experts, andWE, the MLS, are the local data experts.

Why should this matter to you?

This quite literally makes our MLS subscribers experts in our area, giving buyers and sellers confidence when making important decisions regarding their real estate investment. This creates tremendous value to Washington County consumers when WCBR MLS users are empowered with the most comprehensive data, information and tools necessary to a successful real estate transaction.

Call me today so I can give you a private tour and show you the inside of all the homes for sale in Washington County. I can show you any home for sale in the St George area listed by any company.

We can go anytime you want. Let’s get you out there.

Remember you can customize any St George or southern Utah home for sale search any way you want it. Get timely updates on any of your favorites. See them before many agents even wake up! And it’s FREE and available to you 24/7.

If you have any questions or need any help with your search. We are here and very responsive to your wants and needs and happy to assist in customizing a search just for you.

Contact me now and I can help get you fully qualified. You do not want to lose your dream home because you weren’t prepared!