Finding Home in Utah - Kim Novak, Realtor

08/13/2026

According to Lawrence Yun, NAR Chief Economist, there can be a significant penalty for overpricing a home. Data shows that listings staying on the market 31-60 days often require price reductions of roughly 5%, with reductions growing larger the longer a home sits unsold.Today's buyers have access to more information than ever and quickly recognize when a home feels overpriced compared to competing properties. Once a listing lingers, buyers may assume there's a problem, even if there isn't.The goal is not to "test the market." It's to position your home strategically from day one to attract the strongest interest and best possible outcome.

Learn more at https://BetterHomeowners.com/KimNovak/2026/08/13/There-is-a-penalty-for-pricing-a-home-incorrectly

Your Guide to Finding Home in Utah
(801) 726-1443 [email protected]

08/12/2026

In today's market, it's not always about lowering the price; it's about making the numbers work for the buyer. I'm helping sellers use smart strategies like rate buydowns and closing cost credits to attract more buyers and get stronger offers. If you're thinking about selling, let's talk about how to position your home for success.

Your Guide to Finding Home in Utah
(801) 726-1443 [email protected]

Strategic seller incentives like rate buydowns and closing cost assistance can make a home more affordable and appealing to buyers, helping it sell faster in today's higher-rate market.

08/12/2026

What a gem! Main level condo, 3 bedrooms, 2 full baths, beautiful condition in a well maintained community. Under $300,000. And now Under Contract 🎉

08/11/2026

Your property tax bill is not always fixed from year to year. It can change because of reassessments, local tax rates, improvements to the property, or changes in available exemptions. Many homeowners do not realize they may qualify for exemptions such as homestead, senior, veteran, disability, or other local programs, and some may also have the right to appeal if they believe their assessed value is too high. The key is to review your notice carefully and pay attention to deadlines. If you receive a property tax assessment and want help understanding how your value compares to recent sales, contact me. I can help you look at the real estate side of the numbers.

Learn more at https://BetterHomeowners.com/KimNovak/2026/08/11/Your-Property-Taxes-Can-Change

08/10/2026

Renting can feel cheaper today, but it's not always the full picture. Rent is your maximum monthly cost, while a mortgage is often your starting point. Over time, rent can increase, while homeownership builds equity and offers more stability.The real question isn't just "what's cheaper right now?" It's "what makes sense for your goals?"Every situation is different, and the right answer depends on your timeline, finances, and plans. If you're weighing your options, let's take a look at the numbers together. I can help you compare scenarios and connect you with a trusted lender so you can make a confident decision.

Learn more at https://BetterHomeowners.com/KimNovak/2026/08/10/Is-renting-really-cheaper-now

Your Guide to Finding Home in Utah
(801) 726-1443 [email protected]

08/08/2026

Do you show your birthdate on Facebook? While it's a day to celebrate, you may not want to publicly promote it on social media.

Social media is just that—social. And a big part of it is sharing photos when you’re out celebrating...

08/07/2026

A recent study by Realtor.com highlighted that new construction homes may offer lower total ownership costs over time due to reduced maintenance, fewer repairs, and improved energy efficiency. While the upfront purchase price can sometimes be higher, the long-term savings may offset those costs for many buyers.New homes can also offer warranties, modern layouts, and updated technology that reduce unexpected expenses during the early years of ownership.If you're considering new construction, there are important advantages to having your own agent represent you with the builder, but that relationship usually needs to be established before visiting model homes. Reach out before you start looking so you have someone protecting your interests throughout the process.

Learn more at https://BetterHomeowners.com/KimNovak/2026/08/07/New-construction-has-hidden-financial-advantages

Your Guide to Finding Home in Utah
(801) 726-1443 [email protected]

08/06/2026

Selling your home as-is can save time and upfront costs but it may also impact your price and buyer pool. Some buyers are willing to take on repairs, while others want move-in ready homes.The key is understanding what matters most in your market. In some cases, small updates can significantly increase your return. In others, selling as-is makes more sense.Before making a decision, it's worth taking a closer look. I can help you evaluate your options, identify what's worth fixing (and what's not), and position your home to get the best possible outcome.

Learn more at https://BetterHomeowners.com/KimNovak/2026/08/06/Should-you-sell-your-home-As-Is

Your Guide to Finding Home in Utah
(801) 726-1443 [email protected]

08/05/2026

Thinking about selling your home in the next year? Start now with these 12 easy ways to boost your home's value and buyer appeal. DM me and I'll run a free market analysis so you'll know exactly how much equity you've got to work with!

Your Guide to Finding Home in Utah
(801) 726-1443 [email protected]

These 12 seller tips will help homeowners make their property more marketable, more valuable, and more appealing to today's buyers.

08/04/2026

Not every buyer is competing the way they were a few years ago. In some areas, more inventory, longer days on market, and more flexible sellers are creating new opportunities for buyers who felt priced out or pressured before. That does not mean every home is a bargain or that preparation no longer matters. It means buyers may have more room to compare homes, request inspections, negotiate terms, and make a more confident decision. If you paused your home search because the market felt too competitive, this may be a good time to take another look. Contact me and let's talk about what is happening in our local market and what opportunities may be available for you.

Learn more at https://BetterHomeowners.com/KimNovak/2026/08/04/Not-Every-Buyer-Is-Competing-Anymore