Pioneer Day Activites

Wondering what may be coming up for the Pioneer Day holiday?? This one is unique to Utah, so let's get out there & enjoy it!

July 20

• Antelope Island State Park Pioneer Day Celebrations: Fielding Garr Ranch 12-2pm. Games from 2-4pm. Guided tours of the ranch 10-4pm. (801)649-5742
• Rock the Park Free summer concert series at Station Park - Blue Moon Swamp 7-9pm. The Village at 320 N Station Parkway, Farmington
• Antelope Island Guided Sunset Hike: Like & Times of Great Salt Lake. 7:30pm Bridger Bay Campground #6. Join the park naturalist for a 2-mile one way hike along the Shoreline Trail while discussing the intriguing past of this ancient lake. (801)721-9569

July 21

• Free Sunday Concert Series: Susan Facer & Friends, 7pm, Ed Kenley Centennial Amphitheater, 403 N Wasatch Dr, Layton. (801)546-8575 or www.davisarts.org

July 24

• Antelope Island Pioneer Day Celebration. Fielding Garr Ranch 12-2pm. Games, guided tours, wool processing demos, etc. (801)649-5742
• 16th Annual Taste of the Town, 4-7pm Layton Commons Park, 437 N Wasatch Dr, Layton. Food from 20+ restaurants, live music all in an outdoor shaded environment. 
• Free "Riders in the Sky" Pioneer Day Concert, 8pm. Ed Kenley Centennial Amphitheater, 403 N Wasatch Dr, Layton. Pull up a chair & let the entire family enjoy some great cowboy music. Seats fill fast & are first come first served. (801)336-3900
• Days of 47 Parade. The Days of ’47 Parade in downtown Salt Lake City beginning at 9:00 am.  For a new adventure, bring the kids, the sleeping bags and the hot dogs downtown on the evening of the 23rd.  You can camp out on Salt Lake City streets along the route that evening.  This is the biggest sleepover your family and friends will ever experience!  Remember to bring enough water to keep everyone hydrated. www.daysof47.com

July 26-27

• Sunset City Fun Days. Friday, 6-10pm, Central Park, 85 W 1800 N, Sunset. Carnival, contests, vendors, & movie. North Park, 250 W 2400 N, Sunset. Skate contest, Saturday, 6am-Fireworks!

Happy 4th of July!!

Have a safe & happy 4th of July with all the food, friends, laughter & fireworks.

Will Rising Rates Lead to Buyer Rush?

DAILY REAL ESTATE NEWS | MONDAY, JULY 01, 2013

Mortgage rates soared to a two-year high last week, rising by the largest pace since 1987. Freddie Mac reported the average 30-year fixed-rate mortgage climbed from 3.93 percent to 4.46 percent last week. Some economists are predicting 30-year rates to climb to 4.5 percent and 5 percent over the next 12 months, following the Federal Reserve’s recent announcement that it will soon end a program that has kept interest rates near all-time lows for months. 

Home buyers may be concerned that the rising rates will dampen housing affordability. But economists say that rising rates shouldn’t derail the housing market recovery. 

"Some people might decide to buy a smaller house in a different area, but you won't see a big decline based just on interest rates," says Jay Brinkmann, the Mortgage Bankers Association’s chief economist. "In the past, you would see a rise in homebuying activity with rate increases. People who are on the fence about buying a home get off the fence in a hurry when rates start to go up.”

As rates have edged up recently, pending home sales have moved up too. They rose 6.7 percent in May from April—at the highest rate since late 2006, the National Association of REALTORS® recently reported. 

Analysts also point out that mortgage rates are still low by a historical perspective, even if they do tick up to 5 percent. 

"Anything below 6 percent is historically favorable," says Keith Gumbinger, vice president of HSH, a mortgage data publisher. 

Source: “Mortgage Rates Won't Derail Housing Recovery, Analysts Say,” Investors Business Daily (June 27, 2013)