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Issue 02 - April 2021

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0 50 100 150Nov Dec Jan Feb Mar TRENDING NOW: POTTING SHEDSThe idea of a backyard potting shed is nothing new. Whatis new is the concept that the shed can be decorated,organized, and turned into a piece of eye-candy that youmight actually want to spend time in. You'll hear thesestylized sheds referred to as "she-sheds" and they'recertainly not confined to traditional potting uses. They alsomake great 3-season offices or reading nooks. A pr i l 2 0 2 1STATE OFTHE MARKETMarch in Cache Valley brought asurge of new listings, givingbuyers a few more homes tochoose from and ushering in thebusier spring and summermonths. If we continue to see an increasein new listings hitting the market,hopefully we can start to workthrough the backlog of buyerswho have been waiting so long tofind their new home.I s s u e 0 2NEW LISTINGS PER MONTH

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2016 2017 2018 2019 2020 2021$400,000 $300,000 $200,000 $100,000 $0 In a strong seller's market, manybuyers find themselves payingabove appraised value to securethe home of their dreams. For buyers who are getting aloan to purchase their newhome, offering to pay aboveappraised value will mean theyneed to have enough cash to putdown at the time of closing tocover the gap between purchaseprice and appraised value. Due to the uncertainty of theirhome appraising for purchaseprice, many sellers are nowrequiring buyers to waive theirappraisal contingency or tomake their earnest money non-refundable prior to theappraisal.Your agent can help younavigate the somewhatcomplicated appraisal process,whether you are planning tobuy or sell property.CACHE COUNTYHOUSING MARKETD a t a c o m p i l e d f r o m l o c a l M L S ( U t a h R e a l E s t at e . c o m )The glory of gardening: hands in the dirt, head inthe sun, heart with nature. To nurture a garden isto feed not just the body, but the soul.A p r i l 2 0 2 1 I s s u e 0 2THE SCOOP:APPRAISALSALFRED AUSTINM e d i a n S a l e s P r i c e

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A p r i l 2 0 2 1 I s s u e 0 2$319,900$375,000$415,000$154,900$615,000LOGANHYRUMLOGANTRENTONSMITHFIELD3 bed | 2 bath1,591 sq/ft4 bed | 2 bath2,302 sq/fttriplex3,016 sq/ftagricultural land38.18 acres6 bed | 3.5 bath4,350 sq/ft