Salt Lake City used to be one of the hottest real estate markets in the country, but now is ranked No. 116 out of 300 metros in the month of August, according to Realtor.com. Salt Lake is a “slightly hot” market that is “cooling down.” Median days on market is 30.5 days, with inventory moving 6 percent faster than last year and 30.5 days faster than the U.S. overall. Properties in the area receive an average number of views 0.7 times lower than the U.S. average. Courtesy Source Salt Lake Board of Realtors
Housing Challenge or Housing Opportunity? It Depends.
Housing Challenge or Housing Opportunity? It Depends. The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced...
There Are More Homes Available Now than There Were This Spring
There Are More Homes Available Now than There Were This Spring There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale...
Knowledge Is Power When It Comes to Appraisals and Inspections
Knowledge Is Power When It Comes to Appraisals and Inspections Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and...
Your Home Equity Is Growing
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Important Distinction: Homes Are Less Affordable, Not Unaffordable
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Perfect Combination
In today’s housing market, houses are selling quickly and are receiving multiple offers from eager buyers. That combination means it’s a great time to sell. DM me so we can discuss how your house plus today’s sellers’ market adds up to a great opportunity for you this...
Utah Local Market Update Utah County
Homebuyer Tips for Finding the One
Homebuyer Tips for Finding the One Some Highlights The best advice carries across multiple areas of life. When it comes to homebuying, a few simple tips can help you stay on track. Because of increased demand, you’ll need to be patient and embrace compromises during...