Saturday, December 15, 2018


Friday, July 20, 2018

Wasatch County Q2 2018 Single Family Stats

The Utah Housing Market is on a tear, right? So what does the latest reporting mean that Salt Lake City had the 2nd largest Year-Over-Year inventory increase in the nation?

Basic economics of Supply & Demand, says that when the supply increases of any given product the price of that product will decrease.

The number of Single Family Homes for sale 2nd Quarter 2018 in Wasatch County was approx 15% lower than Q2 2017 and the Average Sales Price was over 25% higher in Q2 2018.




The Average Days on the Market before a home went under contract decreased by approximately 35%, which I believe is also a reflection of less inventory.



Sellers are still having a hard time judging the market value of their homes - the Sales Price as a Percentage of Original Price dropped from 99% in Q2 2017 to 97% Q2 2018.



So, is it a seller's market as you often hear?
It is estimated that there is an approximately 6-month inventory of Single Family Homes for sale in Wasatch County. It is generally accepted that a supply of 6 months or more is a Buyers Market.

For what it's worth, now is a great time to buy a home in Wasatch County.

Contact me for more information and to work with you in all of your Real Estate transactions.
Brian Olsen
Coldwell Banker
C: 801-318-3108
E: bolsenrealestate@gmail.com










Monday, May 7, 2018

Recently Purchased 4-plex in Nephi, Utah!

Have you ever considered buying an investment property?



My client recently purchased this amazing 4-plex in Nephi, Utah. 
In 2017 there were 155 4-plexes that sold in Utah.
This may be the perfect place for your investment or personal property.


Each unit of this two story 4-plex has 3 bedrooms, 
2 bathrooms and 1300 square feet. It is located 
on a .58 acre lot and was built in 2007.


Please contact me today for additional information
and to find your ideal property.

Best Regards,
Brian Olsen - Utah Realtor
C: 801-318-3108

Monday, April 30, 2018

SLC Crown Burger and Development


Hey everyone, I am in Salt Lake City today. I don't get to come up here very often now that I'm in Real Estate and not construction and stay in the Wasatch Back more. I just had lunch at Crown Burger on North Temple. And if you've never had lunch at Crown Burger you've got to put that on your bucket list, it is great food; their pastrami on their Crown Burger is so good. But I just wanted to point out a couple things, it is fun to see what is happening in Salt Lake. 

As I looked across from Crown Burger there use to be a hotel that was called Temple Inn and they demolished it last year. You can see it right there and they are building a new multi-unit residential building. It will have 240 units in it and has a couple floors of parking. So it's exciting to see that they've got some housing going in here. 

I know that Salt Lake passed some changes to their zoning around their transit areas so that they encourage more restaurants and cafes and shops on the ground level. I don't know if this will have it, but it's exciting to see. But this is close to the Triad Center, close to the Gateway. You can see right down here, that old building with the water tower-the red building-the Salt Lake Hardware Building, that is the coolest building. 

Years ago, back in the early 90's I had an opportunity to go in there before they started doing some remodeling. And the building was built in the early 1900's and at the time it had like some 5 acres of floor space. It was the biggest warehouse type building west of Chicago I think is what I heard. Anyway, I think it was Gastronomi who bought the building and did a lot of restoration on it. It's a really neat building and now they've got some other residential and Class-A office space over there by the hardware building. 

Anyway, fun to be in Salt Lake, I'm glad we don't have the inversion, nice to have some beautiful snow. But I do like living in the Wasatch Back, so if you're in Salt Lake and you want a second home or a home in the Wasatch Back, get a hold of me, I'd love to help you find a place up there. And then you can come to Salt Lake and visit like what I do. 

Anyway, take care everyone and we'll stay in touch.

Best Regards,
Brian Olsen - Utah Realtor
C: 801-318-3108

Monday, April 23, 2018

Recently purchased Cabin in Heber City, Utah!


A client of mine recently purchased this beautiful 
cabin in the Timber Lakes development in Heber City, Utah. 
Are you looking for your ideal vacation or second home? Only 30 
minutes from Park City, Timber Lakes may be a perfect place for you.


This 4 bedroom/3 bathroom, Single Family, 
Log Cabin was built in 2002. With 1.6 acres, 
a wraparound porch, and 3,400 square feet.


Please contact me today for additional information
and to find your ideal property.

Best Regards,
Brian Olsen - Utah Realtor
C: 801-318-3108

Monday, April 16, 2018

Remodel Spaces - Bunk Beds

Bunk Beds: Get prepped for the Holidays!



Hey everyone, I'm in Midway with a client here from California. They recently purchased their second home and are excited for their large family to come visit! When they bought this home they talked about doing some remodeling in order to fit so many people more comfortably. There is a large bedroom so they came up with a crafty way to put a lot of bunk beds in - I just have to show you this!

So with this bunk bed project, they now have room to sleep TEN! They've got six single beds and then two on the end of the room are double size beds. Completing this project has made it such a nice room!

So a lot of people, especially when they are doing a second home, vacation home or often have family reunions could really use something like this! Many of us in this situation have wondered, "How can we get more people to sleep in this? We're going to have family coming over and we have grandchildren...can we put bunk beds in?"

This is a wonderful example of just how you could make your own home more comfortable for your loved ones! If you have a desire to do something like this, whether it's your own home, you have a lot of children, or you have a vacation property, this is just a great way to do things. 

If you have any questions, let me know. We can hook you up with a contractor or this simply gives you an idea of a project you can start with your current contractor. 

Good luck with your projects, Have a great new year! 

Best Regards,
Brian Olsen - Utah Realtor
C: 801-318-3108

Monday, April 9, 2018

Recently Purchased Parcel in Heber City, Utah!



This beautiful parcel recently sold and is located 
in the Timber Lakes development in Heber City, Utah. 
Are you looking for a mountain setting to build your dream home? Only 30 
minutes from Park City, Timber Lakes may be a perfect place for you.


This parcel is .66 acres and has a small stream that runs
along one side of the property. With over 20 parcels 
currently for sale in the Timber Lakes area,
 there are a variety of options to choose from.


Contact me today for additional information
and to find your ideal property.

Best Regards,
Brian Olsen - Utah Realtor
C: 801-318-3108
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