Getting everybody ready

1500 Eggs

Well it was another great Easter Egg Hunt with The Kenny Parcell Team. Thank you so much for all of those who came to the event. We love seeing each and everyone of you. We gave away lots of candy and some great prizes. We wanted to make sure to share all of the great pictures we took and show you how much fun we had. We look forward to next year!!

Waiting

Still Waiting

Great Picture of the Mecham Family

Ready - Set - Go!

We just listed this amazing house in Springville. It is an unbelievable family home is a great SE Springville location. This home has over 5300 square feet, 5 bedrooms, 3.5 baths, 2 kitchens, salon, carpet, hardwood & tile floors. The home has been recently updated. Fully landscaped yard, with mature trees and a view of the mountain. This is the ultimate family home. If you would like more information on this home, or you would like to see this home, please contact us at 801-794-7777 – The Kenny Parcell Team w/ RE/MAX Results.

We are so excited about 2010 and see a lot of great things happening this year. Also, the tax credit has been extended to April, so if you are looking to purchase a home now is a great time. There are a lot of amazing deals out there. If you are interested to see what is out there, please feel free to contact us either by email at kenny@kennyparcell.com or by phone 801-794-7777.

Please bring the kids to an Evening with Santa on December 11, 2009 @ 6- 8:30 p.m. It will be held at the Camelot Village Clubhouse. 1763 West 1200 South, Springville (located behind Walmart). There will be a claw maching for kids, pictures with Santa and lots of gifts and food. There is no charge. Please rsvp to Clancey@kennyparcell.com or call 801-794-7777

Fabulous brick and stucco Rambler with over 2600 sqft, 3 bedrooms, 2 baths, 2 car garage. Our standards are other builders upgrades. Homes are built within 70 days after permit is obtained. If you would like more information or have any other questions please feel free to contact us at 801-794-7777.

You can also visit our website to see additional pictures, available lots and floor plans.

http://thevillageofhawksranch.blogspot.com/

By ALAN ZIBEL
AP Real Estate Writer

WASHINGTON (AP) – The U.S. housing market is rebounding quicker than expected, with home resales in July posting the largest monthly increase in at least 10 years as first-time buyers rushed to take advantage of a tax credit that expires this fall.

The National Association of Realtors said Friday that home sales rose 7.2 percent to a seasonally adjusted annual rate of 5.24 million in July, from a pace of 4.89 million in June. It was the fourth-straight monthly increase and the highest level of sales since August 2007.

Sales had been expected to rise to an annual pace of 5 million, according to economists surveyed by Thomson Reuters.

“The housing market, with today’s strong rise in sales, has decisively turned for the better,” said Lawrence Yun, the trade group’s chief economist.

Sales of foreclosures and other distressed properties made up about a third of all transactions last month, down from nearly half earlier this year. In places like San Diego and Orlando, buyers are snapping up foreclosed properties at deep discounts, and real estate agents are pressing banks to release more foreclosures onto the market.

Those sales helped drag down the median sales price by 15 percent to $178,400.

First-time buyers must complete their sales transactions by the end of November to take advantage of a tax credit of 10 percent of the purchase price, up to $8,000. The real estate industry is lobbying Congress to get the credit extended.

“It would be unfortunate to see the momentum halted,” Yun said.

The inventory of unsold homes on the market rose to 4.1 million, from 3.8 million a month earlier. That’s a 9.4-month supply at the current sales pace, unchanged from June.

 For further assistance, please call Stephanie or Clancey at the office. Thank you for looking!  801-794-7777.

Quiet street. Mature trees. Enormous master with sitting room. Separate entrance for business.

For further assistance, please call the office and ask for Stephanie or Clancey. 801-794-7777.

Thank you!

There are new signs the housing market may have hit bottom in parts of Utah.

Preliminary numbers show new home sales in the Salt Lake Valley were up 3 to 4 percent in June, compared to the same time last year. If that holds when numbers are released later in the week, it’ll be the first positive monthly, year-over-year returns since last September.

“To say that we saw sales in June 3 to 4 percent higher than June a year ago, that shows me that hopefully we have bottomed out,” says Dave Anderton, spokesman for the Salt Lake Board of Realtors.

Inventories have also been declining significantly from their peaks. There are roughly 7,700 existing homes and condos listed in Salt Lake County right now. That’s down from the peak of 10,531 in the third quarter of 2007.

There are also fewer newly constructed homes on the market. In Salt Lake County, there were 724 in the second quarter, down from 1,037 in the fourth quarter of 2007, according to Salt Lake-based firm Newreach.

Utah and Davis counties showed similar trends. In Utah County, new available homes fell from 987 in the fourth quarter of 2007 to 728 in the second quarter of 2009. That’s a decline of 26 percent. Davis County saw a 62 percent decline in the same period, from 624 new available homes to 240.

“I don’t think we’ve turned the corner,” said Coldwell Banker Realtor Dan Christensen. “I think, again, we’re much more stable than the rest of the country.”

E-mail: aadams@ksl.com