JANUARY- A MONTH OF REFLECTION AND ANTICIPATION.

The new year is always a time of reflection and anticipation of what is to come. Although this time of year is usually slower when it comes to the real estate market, it's a time that I like to start gearing up for what's to come in the Spring.

I'm currently meeting with clients to create "to-do" lists before listing, creating marketing plans, and lining up my business for what the real estate market may look like in the Spring. As you'll see from Windermere's economist, 2019 is most likely going to continue to stay strong.

If you would like my help in creating ideas on how to improve the marketability of your own home for the Spring real estate market, please reach out. As always, thank you for following along with me on my real estate journey.

REAL ESTATE MARKET ANALYSIS FOR 2019.

Windermere has a team of dedicated economists who research and analyze real estate markets and trends. These economists have analyzed the Salt Lake real estate market and have concluded that 2019 looks like it will remain a strong and vibrant market. Although not a guarantee, there are factors in this particular market that suggest the real estate market will remain strong.

2018 was a strong year for real estate here in Utah, and it looks like 2019 will be following closely in its footsteps. Mortgage rates appear to be staying around the 5% mark and will continue to trend higher, with small points of decline and leveling. If you are looking ahead to 2020, expect interest rates around 6% to be the norm.

There are still people suggesting that the housing market is headed for calamity and that another housing bubble is forming. But, with Windermere's research it seems that we are headed for smooth sailing.

Needing a comparative analysis for a property? I am more than happy to let you know what your home is currently worth, all you need to do is contact me.

Interested in reading more about the 2019 real estate market? Click here for a link to the full article.

Pantone color of the year - Living Coral.

Using the Pantone color of the year as a guide to inspire your home decor for the year is a great way to stay on-trend while keeping your home ever-changing and interesting. While the color this year is bright and may seem intimidating, there are plenty of classy and subtle ways to incorporate the color.

From a simple throw pillow change to a piece of bold artwork, adding this color to your home will be a breeze, and brighten the overall color palette.

Since it is still winter here in Utah, a bright color can really add life to a seemingly dull home, now that all the holiday decor has been put away.

HOME SPOTLIGHT

Aspen Springs Drive - Whitaker Irvin Jr. and Casey Halliday, Listing agents

Beautifully Remodeled Aspen Springs Ranch Masterpiece with Luxury Furnishings Included! Refreshingly Updated MODERN MOUNTAIN home in desirable Aspen Springs Ranch. Minutes to all ski resorts! This gorgeous gem is an entertainer's dream with an open, light and airy floorplan. This updated home features custom finishes with two ovens, best of all appliances completed with oversized granite island complete with drop in farmers sink and ample seating. Professionally decorated, this home comes move in ready and fully-furnished including custom designer furnishings, lamps, stylish artwork, beautifully matched high-end antiques, premium beds. The exterior of the home has wonderful entertaining spaces in both the front and back. Boasting views of iconic McPolin White Barn Pastures, Park City Mountain, Iron Mountain, easement trails next to home. More storage than you can use. Triple oversized garage with very high ceilings. New roof with 15-year warranty, newly painted exterior, professionally landscaped and fenced yard close to 1/2 acre.

Want to see the full listing? Click here.

CURRENT BUYER NEEDS

I have buyers looking for homes that fit these descriptions. Know of any property for sale that fits the bill? Does your home fit the description? Contact me.

- Harvard Yale location, priced up to $950K. Needs 3,000 square feet, at least 4 bedrooms, and a nice yard.

-9th & 9th location, priced up to $875K. Needs 3,000 square feet and at least 3 bedrooms with a low-maintenance yard.

-Federal Heights, Capitol Hill, or High avenues locations, Priced up to $1.2M with nice views and lots of privacy.

-Emigration Canyon location, priced up to $1M with views and an updated interior.

CURRENT LISTING

1533 E. Federal Heights Drive - $995,000

BACK ON THE MARKET - ACTIVE

This warm and elegant home is ideally located in one of Salt Lake's most desirable neighborhoods - Federal Heights. It is minutes to downtown, Primary Children's Hospital, Huntsman Cancer Institute and the University of Utah. This gorgeous home has been updated throughout. New paint and carpet have been added to the top level including beautiful French doors leading to an 800 square foot deck. The master bath is luxurious in every way with a glass chandelier, carrera marble, and spectacular oversized shower. Sophisticated wainscoting has been added to the dining room with a charming chandelier. French doors will lead you from the family room to an exquisite backyard that includes a beach wood Pergola & Bocce ball court. The added bonus is a spacious mother-in-law or guest suite with a separate entrance. Contact me for a private showing, or check out the full MLS listing here, or property tour here

SLC - HAPPENINGS

Here are a few events that caught my eye happening in and around Salt Lake in the next few weeks.

Sundance Film Festival

Sundance film festival is back in Park City on Thursday, January 24th. Head to the mountains to see if you can spot any celebrities.

2019 Wastach Yeti Bash and Bike Race

While this event is a few weeks out, it is a great way to get active with your whole family. For more information, click here.

2019 Utah International Auto Expo

Like cars? visit the international auto expo and explore the world of brand new automobiles. Click here to learn more.

Healthy Living

20% discount for manicures and pedicures

Ring in the new year with a fresh manicure and pedicure from Topcoat nail bar. To schedule your service, make sure to call and use the code "HAPPY HOMES".

Offer lasts until February 28, 2019.

New Recipe

Here is the recipe of the month. Try it out!

Potato Leek Soup with Ham

2 T. Butter
4 large leeks, white parts, and light green parts only, thinly sliced. (about 2 cups).
4 cups chicken broth
2 large russet (baking) potatoes (1 to 1 1/4 pounds), peeled, and cut into 1/2-inch pieces.
1/4 t. ground white pepper
2 cups diced, cooked ham
1/2 cup cream or half and half.
T. chopped fresh dill, chives, or parsley

1. Melt butter in a large saucepan over medium heat. Add leeks, then cook 5 minutes, stirring occasionally.

2. Add broth, potatoes, and pepper, then bring to a boil over high heat. Reduce heat, then cover and simmer 25 minutes or until vegetables are very tender.

3. Use an immersion blender to puree soup or transfer mixture (in three batches) to a food processor, then process until smooth.

4. Stir in diced ham, and, if desired, cream, then season to taste with salt.

5. Reheat before serving; top with dill.

Makes 6 servings or about 8 cups of soup.

Enjoy!

NEIGHBORHOOD NEWS

Neighborhood News provides people with relevant, housing market statistics and information by zip code — This monthly email provides data about homes that have been sold or are currently on the market according to your zip code, including sale price information. It's a great way to stay current on your neighborhoods position in the market.

If you are interested, please email me your zip code.

Mimi Sinclair
Realtor®

801.580.6089
mimi@winutah.com
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Instagram: @mimisinclair.realestate