Utah Market Updates!

State Wide Active Listings have trended up 10% since last month.

  • Salt Lake County Active Listings rose from 1909 active homes for sale in Salt Lake County to 2157 active homes for sale.
  • Utah County Homes for sale  – 1777 homes for sale in Utah County.  As of May 30th inventory numbers have risen 11% from April. April was up 7% from March. Active inventories of homes for sale in Utah County are averaging 1777 homes for sale in Utah County
  • Davis County Homes for sale – 548 Active for sale homes. As of June one inventories ares up 18% from the previous month of only 5%
  • Wasatch County Home for Sale – As of June  is 323 homes for sale. Up 14% from Last month.

According to the Salt Lake Board of Realtors®Salt Lake home sales year-to-date are roughly the same as they were last year at this time. While everyday life has changed, the current economic quarantine could be short-lived, according to Lawrence Yun, chief economist...

A Recession Does Not Equal a Housing Crisis

A Recession Does Not Equal a Housing Crisis

A Recession Does Not Equal a Housing Crisis Some HighlightsThe COVID-19 pandemic is causing an economic slowdown.The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.All things considered, an...

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