Utah Home Sales-What Are They Doing?
Mortgage rates up this week, national housing sales down for July, housing not recovering, ….these are all National headlines. But What is happening to Home Sales in Utah? Remember that “I’s tol’ ya an’ tol’ ya” (ok, I am in my Gone With The Wind Mode”) that Real Estate is Local, Not National, well, here is a really good example. This video is from the Utah Association of Realtors and explains what is happening with housing in the STATE OF UTAH…not Detroit where banks are bulldozing homes and offering them to charities to get them...
Read MoreSalt Lake Market Statistics
Boring Utah Market Statistics time again, but in all fairness we need to give you the information to keep you up to date on the market. You will notice on each of these reports that The Salt Lake, Tooele, and Utah county market had an increase on days on market for most of the year, with a drop in November, this would be due to the perceived end to the First Time Homebuyers Tax Credit….those houses got snatched up let me tell you. Pricing in Utah, Salt Lake, and Tooele Counties have pretty much stabilized for the moment…a good sign. Now, if only interest rates would...
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