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September Newsletter

The Fields Team

September 2023 Newsletter and Market Update

Welcome September – The first month of the fall season! This month we’re celebrating back-to-school routines, the kick off of football and fall sports, and the beginnings of cooler weather.

The Market at a Glance

$623,836

AVG SALES PRICE

Compared to $603,766

in August 2023

$636,438

AVG LIST PRICE

Compared to $611,007

in August 2023

2,953

SOLD LISTINGS

Compared to 3,024

in August 2023

45

AVG DAYS ON MARKET

Compared to 41

in August 2023

Data from the past 30 days in Utah County

Sales Per Month Report

Sales Per Month

Total Sold Listings

Number of Listings Entered

Avg. Number Under Contract

Home Sales Per Quarter

The Fields Team Events

Past Event

Economic Forecast Seminar

Josh discussed Utah’s current Economic Conditions, Housing Market, Population Growth, and Utah’s Economic Forecast going into 2024.

Mortgage Rate Projections, Job Reports, Inflation, and US Economic and Housing Conditions, and much more! Be on the lookout for the recording of the event!

Past Event

End of Summer Pool Party

Guests enjoyed the Lindon Aquatics center pools, slides, hot dogs, drinks, chips, friends & family and PRIZES!

OUR RECENT LISTINGS

Recently Listed

1075 W 490 N, Orem

Listed at: $159,895

3 BED | 2 BATH | 1717 SQFT

Recently Listed

324 W. Main St., #2, Santaquin

Listed at: $350,000

3 BED | 3 BATH | 1861 SQFT

Recently Listed

243 E Snowy Egret Dr, Salem

Listed at: $699,999

4 BED | 3 BATH | 4476 SQFT

Recently Sold

1371 N 700 W, Mapleton

Listed at: $669,900

5 BED | 3 BATH | 3089 SQFT

Recently Sold

1826 W 20 N, Pleasant Grove

Listed at: $424,900

3 BED | 2 BATH | 1717 SQFT

Recently Sold

290 S 1300 E, Springville

Listed at: $499,000

4 BED | 3 BATH | 3244 SQFT

Under Contract

502 N 300 E, Payson

Listed at: $450,000

3 BED | 2 BATH | 1742 SQFT

Under Contract

1431 S 730 W, Payson

Listed at: $489,900

6 BED | 3 BATH | 2788 SQFT

WE CAN SELL YOURS TOO!

Contact us for a free home value estimate AND receive your choice of a $5 Swig or Starbucks gift card!

Introducing Our Stellar Team Members!

In each edition of our monthly newsletter, we take great pleasure in recognizing the exceptional individuals who make our team shine. They are the driving force behind our success, consistently going above and beyond to deliver exceptional results and uphold our core values.

Michelle Brätt

Inside Sales Associate

Admin of the Month

The Fields Team

I have been with The Fields Team for over 3 years. I enjoy traveling, hot yoga, roller skating, the great outdoors, good music, and people. I’ve been married for 16 years and have a teenage son. Life is good and I’m grateful for the ways it expands me each and every day.

Emilie Jensen

Mortgage consultant

Preferred Professional

Intercap Lending

I’m a Mortgage Loan Consultant. I’ve been originating home loans for 17 years and have a true passion for helping my clients. I love helping families and building last relationships! I’ve been married to my husband Brady for 21 years and I have two awesome kids, Finley 13 and Gracie 10. I love life itself but, my favorite ways to spend my time are going to Bear Lake, attending concerts and sporting events, and going to Orange Theory. I also love to travel and eat delicious food! Our family has a tradition to spend New Year Eve at a Disney Park and this holiday it will be our 11 year in a row. I have a true love of life! I live it to the fullest with a great attitude and positivity. I feel like we all have a choice so mine is to be happy and bring everyone with me!

What Our Clients Are Saying

Looking for the best realtor in Utah? Then look no further! Let M.R. Fields and his team help with all your real-estate needs.

Jacob D.

We used the Fields team to buy our first home almost 5 years ago. It was a great experience and would definitely use them again in buying or selling a home.

Michelle

We have bought two homes with the Fields Team in the past 6-7 years and our experience has been seamless! We’d recommend them to anyone!!

Anna W.

Brittny Orr and the rest of the Fields Team have been amazing to work with. They make the process really easy and they are always quick to answer any questions.

Anita G.

Events in Utah this September

**Never miss a beat on local events happening this month. For more, check out our Instagram!**

Utah Brazilian Festival 2023

Saturday | 1pm-7pm

575 E University Pkwy, Orem

2023 Sunflower Festival

Sept 8th-30th | 1pm-9pm

Cornbelly’s – Spanish Fork

2023 Haunted Forest

Sept 8th-31st | 7:30pm – 11.59 PM

1100 South 500 East, American Fork

2023 Strangling Brothers Haunted Circus

Sept 15th-31st | 8pm – 11:59pm

632 East 1500 South, American Fork

Live Like a Local

The Dodo

Since 1981, The Dodo has served as a neighborhood gathering place with an upscale casual environment. Known for their famous Smoked Turkey Sandwich w/ house-made BBQ sauce, deliciously fresh salads and appetizers, or any of our award-winning desserts.… all baked in-house daily!

1355 East 2100 South, Salt Lake City

Nightmare on 13th

Get ready to scream and shiver, because Nightmare on 13th is back and better than ever for the 2023 season! Experience the terror like never before with our spine-tingling new themes: “Possession” and “The Howling.” Will you brave the eerie atmosphere and confront your darkest fears?

320 W 1300 S St, Salt Lake City

Soda Bean

With the recent boom in the specialty soda industry and the ever lasting popularity in the coffee industry, they saw an opportunity for growth & success by bringing the two together.

Not everybody likes soda and on the other hand, not everybody likes coffee. So why not give people what they do want, Choices. Now there’s something for everyone!”

2273 west 7800 south, West Jordan

Zions National Park

Hiking – Zion offers many trails ranging from short “leg-stretcher” walks to the strenuous adventures. Wildflowers & Fall Colors – The variety of mountain and canyon environments makes Zion an excellent location for wildflower walks in the spring and summer and brilliant leaf color in the autumn.

Zions National Park

Exploring Your Options When You Can’t Make Your Mortgage Payment

We understand that life can throw unexpected challenges your way, making it difficult to meet your monthly mortgage obligations. Whether you’re facing a temporary financial setback or a more long-term issue, it’s crucial to be informed about your options when you find yourself unable to make your mortgage payment in the state of Utah. Let’s explore several avenues you can pursue to navigate this challenging situation.

1. Contact Your Lender Early: The first step when you anticipate trouble making your mortgage payment is to contact your lender immediately. Open communication is key, and many lenders in Utah are willing to work with homeowners facing financial difficulties. Discuss your situation honestly and ask about possible solutions or temporary relief options they can offer.

2. Loan Modification: Utah homeowners may be eligible for loan modification programs. This involves restructuring your loan to make your monthly payments more affordable. These modifications could include lower interest rates, extended loan terms, or even a temporary forbearance.

3. Forbearance Agreement: In cases of temporary financial hardship such as job loss or medical emergencies, a forbearance agreement can provide some relief. This arrangement allows you to temporarily pause or reduce your mortgage payments while you get back on your feet.

4. Refinancing: If you have built up some equity in your home, refinancing your mortgage might be an option. Lower interest rates or a longer loan term can help lower your monthly payments. Consult with a mortgage professional to explore this possibility.

5. Sell Your Home: In some situations, selling your home may be the best option to avoid foreclosure. Utah’s strong real estate market can be an advantage, as it may allow you to sell your home quickly and potentially recoup some equity.

6. Short Sale: If your home’s value has declined, and you owe more on your mortgage than it’s worth, a short sale may be considered. In a short sale, the lender agrees to accept less than the full mortgage amount as payment.

7. Deed in Lieu of Foreclosure: Another option to avoid foreclosure is a deed in lieu of foreclosure. This involves voluntarily transferring the property’s ownership to the lender in exchange for forgiving the remaining mortgage debt.

8. Seek Legal and Financial Counseling: Consulting with a real estate attorney or financial counselor specializing in mortgage issues can provide valuable guidance. They can help you navigate the legal aspects and explore all available options.

Conclusion: Facing the inability to make your mortgage payment is a challenging situation, but it’s crucial to act proactively and explore the various options available in the state of Utah. Remember, each situation is unique, so what works best for you will depend on your specific circumstances. Open communication with your lender and seeking professional guidance can help you make informed decisions and ultimately find a solution that suits your needs and helps you regain financial stability.

Emilie Jensen

Loan Officer

Mobile: (801) 458-3055

Fax: (801) 479-9040

5926 South Fashion Pointe Dr Suite 110

South Ogden

NMLS ID:  398960

August Home Maintenance Checklist

✓ Dust baseboards and blinds

✓ Replace decaying or damaged trim around windows and doors

✓ Inspect attic for signs of rodents, bats, roaches, termites, and other pests

✓ Cull and purge any clothing, books & toys not used in the last 6 months

✓ Ensure gutters are clear and draining properly

✓ Inspect your outdoor lighting for any damage or malfunction

Have questions about real estate?

Whether you’re interested in purchasing your first home, moving up, downsizing, or investing, my team and I are here to be a resource to you.

Reach out today if you have any questions.

We’re always here to help!