Holladay Rambler for Sale

Chocolate Cake Supreme

1 1/2 cups semi-sweet chocolate chips
1 cup butter
1 cup sugar
1/2 cup flour

FROSTING
1/2 cup whipping cream
2 tsp butter
1 cup semi-sweet chocolate chips

Preheat oven to 400. In saucepan, melt chocolate chips and butter over medium heat. In large mixing bowl, combine flour, sugar, and eggs. Mix until well-blended. With mixer on high speed, pour in chocolate mixture. Beat on high for five minutes. Butter two eight-inch round pans and dust with flour. Pour batter into pans and bake for 15 to 20 minutes. Let it sit for 5 minutes. Loosen sides with knife. Invert onto a cooling rack covered in parchment paper. Let cool.

To make the frosting, boil whipping cream in saucepan for one minute, stirring constantly. Remove from heat and add butter and chocolate chips. Stir until melted. Spread over one cake, put the other cake on top, then spread the rest of the frosting on top and sides. Top with berries, and cool in fridge for 2 hours.

"A thing of beauty is a joy forever."
-John Keats

This is a family favorite! What's your family's favorite recipe? I would love to try it out!

Shauna Quick
Realtor
Exit Realty Success
shaunaqsellshomes@gmail.com
www.shaunaqsellshomes.com
801-550-4419

Housing Market Hits New High

The local housing market has hit a historic high.

Wasatch Front existing home prices reached their highest point ever during the second quarter of this year, with the median single-family home price climbing to $300,000 — up from $275,000 the same time last year, the Salt Lake Board of Realtors reported.

The median home price in Salt Lake County rose 10 percent year-over-year to $327,000, according to data compiled by the organization.

The rising prices are attributed primarily to a strong demand for existing properties and a dwindling supply of available homes, said Troy Peterson, president of the Salt Lake Board of Realtors.

“Competition is fierce for homes priced under a half-million dollars,” he said. “Many sellers continue to make the sale of their home contingent on them finding another property. Buyers typically offer more than asking price and compete with several other offers.”

Peak home prices | Joseph Tolman

Peterson described the current boom market as the strongest seller’s market he's ever seen in 23 years in real estate. He noted that unlike the previous housing boom a few years ago, this market isn't based on speculation but rather purely economic factors — too few properties for a huge number of potential buyers.

"We don't have inventory," he said. "If we had inventory coming like we had last time, then (it would be), 'Get ready for a bubble.' But we don't have a bubble coming because we don't have inventory."

The board reported the top five most expensive housing areas by ZIP code in the second quarter were:

• Emigration Canyon (84108) with a median sales price of $561,000 — up 19.4 percent

• The Avenues (84103) with a median sales price of $502,000 — up 2.7 percent

• Eden, Weber County (84310) at $501,000 — up 24.5 percent

• Alpine (84004) at $497,000 — up 5.9 percent

• Draper (84202) at $482,250 — up 8 percent

Peterson said the higher prices and limited housing inventory are putting a drag on existing home sales as owners hold off putting their homes on the market while deciding if they can afford to move.

The board reported that in the second quarter, there were 8,201 single-family homes sold across the Wasatch Front, down 7 percent from a year earlier. It was the first decline in sales for a second quarter in four years, the report states.

Home sales in Salt Lake County fell 5 percent from the second quarter of 2016, with Utah County declining 6 percent, Davis and Weber counties each dropping 11 percent, while Tooele County experienced the largest decrease in home sales falling 15 percent year-over-year.

The report says that while overall home sales were down, some areas saw double-digit increases in sales, including Taylorsville (84129) — up 38 percent; Provo (84604) — climbing 25 percent; and Holladay (84117) — a jump of 22 percent.

The data shows that 46 percent of all single-family homes sold along the Wasatch Front were in Salt Lake County, while Utah County had 22 percent of all single-family home sales.

Meanwhile, condominium sales increased in all Wasatch Front counties except for Salt Lake County, where sales decreased 7 percent. The median price for a condo in Salt Lake County increased 11 percent to $224,000 year-over-year, the report states.

Regarding affordability, Peterson said the state’s robust economy, strong net migration and new household formations are making it difficult for first-time buyers to find homes. He added that competition is even climbing for higher-priced homes, noting a recent $950,000 listing received three offers, each above the $1 million mark.

For the time being, he believes the market will continue on its current pace, which he described as economically positive.

"We're going to (remain stable) for a little bit (price-wise), interest rates will probably go up a little in the near future and we'll bring on some more supply," Peterson opined. "That's what will create a healthy real estate market that will sustain for a few years and we won't have a bubble."

Shauna Quick

Realtor

Exit Realty Success

shaunaqsellshomes@gmail.com

www.shaunaqsellshomes.com

801-550-4419

Market Summary Report- 2nd Quarter 2017

Salt Lake County

• Median Sold Price: $299,900
• Median Days on Market: 7
• Number of Homes Sold: 4,764
• Price Range: $10,500-$5,000,000

Utah County

• Median Sold Price: $27100
• Median Days on Market: 11
• Number of Homes Sold: 2,355
• Price Range: $17,000-$3,500,000 

Davis County

• Median Sold Price: $277,700
• Median Days on Market: 8
• Number of Homes Sold: 1,376
• Price Range: $11,000-$1,050,000

Shauna Quick

Realtor

Exit Realty Success

shaunaqsellshomes@gmail.com

www.shaunaqsellshomes.com

801-550-4419

If you, or someone you know is planning on buying or selling, call me today!

Dreamy Alfredo Sauce Recipe

1/2 cup butter
2 cups heavy cream
2 cloves garlic crushed
2 cups grated parmesan cheese
1/4 cup chopped fresh parsley

Melt butter in a medium sized saucepan over medium low heat and add garlic. Pour in cream, simmer for five minutes, then add cheese, then whisk quickly, heating through. Stir in parsley. Add to your favorite pasta.

This is Gavin's favorite alfredo sauce. What is your family's favorite recipe? Would love to try it out.

"A thing of beauty is a joy forever."
-John Keats

Shauna Quick
Realtor
Exit Realty Success
801-550-4419
shaunaqsellshomes@gmail.com
www.shaunaqsellshomes.com

Market Summary Report- 1st Quarter, 2017

Salt Lake County:

• Median sold price: $277,680
• Median days on the market: 47
• Number of homes sold: 3,314
• Price range: $10,000-$9,850,000

Utah County:

• Median sold price: $263,317
• Median days on the market: 55
• Number of homes sold: 1,569
• Price range: $16,000-$3,500,000

Davis County

• Median sold price: $260,000
• Median days on market: 47
• Number of homes sold: 968
• Price range: $14,000-$1,050,000

Of you or someone you know is thinking about buying or selling, please call me today!

Shauna Quick

Realtor

Exit Realty Success

801-550-4419

shaunaqsellshomes@gmail.com

www.shaunaqsellshomes.com

Tres Leche Cake Recipe

6 large eggs

2 cups granulated sugar

2 cups flour

2 tsp baking powder

1/2 cup milk

1 tsp vanilla extract

Milk topping:

14 oz evaporated milk

14 oz sweetened condensed milk

1 cup heavy cream

Preheat oven to 360 degrees. Lightly grease a 9x13 inch pan. Beat egg whites until a soft peak forms. Add sugar, then add egg yolks one at a time.

Mix in flour and baking powder then slowly add milk and vanilla. 

Bake until golden brown, about 25 minutes. 

Combine the milk topping and pour over the warm cake. Refridgerate for at least 4 hours. Top with whipped cream and fresh fruit.

"Joy is what happens when we allow ourselves to recognize how good things really are."

-Marianne Williams

What is your family's favorite recipe? I would love to try it out and hear the story behind the recipe!

Shauna Quick

Realtor 

Exit Realty Success

801-550-4419

www.shaunaqsellshomes.com

shaunaqsellshomes@gmail.com