Real Estate Information Archive


Displaying blog entries 1-2 of 2

What Drives First-Time Home Purchases?

by Jeremy Larkin

Well funny you should ask, because we've got an answer! According to a report by KW (Keller Williams Realty) research, St. George first-time home purchases, as well as those nation-wide, are most driven by the following 3 factors: 

1. The current market

2. Financial readiness

3. Location & Price 

Get the full "scoop" in real people's terms in this super short 1:29 video:

If you're a first-time Buyer (or any type of Buyer for that matter..) looking to search for your own home, enjoy free 24-hour access to every single available property in Washington County, including "coming soon" listings before the sign even goes up! Here's that link: St. George Home Search


Can I still Get a Mortgage if the Government Shuts Down?

by Jeremy Larkin


This is the question of the day! We're updating the St. George Real Estate Blog as more of a matter of "Breaking News" than anything today. I'm not even going to spend 10 seconds talking about the politics here, but I WILL spend 2 seconds in saying this: TYPICAL.

I've been in communication with some of the best Mortgage Professionals in Washington County today to learn more. Scott Gibson and Chantry Abbott of SGI Mortgage provided me with these summary "sticky spots" where a mortgage loan could get stopped in its' tracks:

  1. 4506T tax transcript verification - Would CEASE. (mandatory on all loans) If IRS is closed, no taxes can be verified, therefore no loans could get written.
  2. RURAL funds - All Govt backed for Rural Housing Loans. These are very standard in Washington County, especially for Hurricane, Leeds and the list goes on.
  3. VA / FHA loans and appraisals - Again, Govt supported institutions...would be closed.
  4. Fannie/Freddie reviews of files - Do you see the consistent trend here?....GOVT....BACKED. And a HUGE portion of mortgage loans are backed by Freddie and Fannie.

As mentioned by Scott Gibson, these are just a few examples, and we do not want to panic anyone but it is important to be informed.

Is this a good reason to not get a mortgage or purchase a home? Not really. As my Mother always taught me, "This, too shall pass." It's just a situation that could cause some short term pain.

More to come! Email me your questions, thoughts, comments:


Displaying blog entries 1-2 of 2




Contact Information

Photo of Jeremy Larkin - The Larkin Group Real Estate
Jeremy Larkin - The Larkin Group
Keller Williams Realty
50 E 100 S, Suite 300
St. George UT 84770
Fax: 435-359-5085

St. George Real Estate - Your premier destination for St. George,Utah Real Estate Listings, Home Values, MLS Search, REO/Foreclosure Info &  St. George Real Estate Statistics.  Serving St. George, Santa Clara, Ivins, Washington, Hurricane, LaVerkin, Toquerville & more! Specializing in REO/foreclosure properties, frustrated Sellers, First-Time home buyers, and Investors. Looking for the most LOCAL St. George, Utah real estate information available? Your search is over!