Buyers, Is it time to get in the race?
Available home inventories are up as a State wide whole. From March to April inventories rose 6%. As we just entered the summer home sale season inventories are on the rise again as of June 2nd their are 7956 single family homes including town homes and condos for sale. This is up 10% from the beginning of May. Good news for home buyers!
- Salt Lake County show a rise of inventory from the beginning of May till June first at 2157 units. Up 11% from last month. Begging of May inventory has risen 9%.
- Utah County showing 1777 residential homes for sale. Up 11% from 1576.
- Davis County showing Active – Up 18% a large rise from the previous month of just 5%
- Wasatch County is showing a 14% increase in inventory.
Things to Consider When Buying a Home (Summer 2018)
This “Buyer Guide” will give you powerful marketing materials to share with clients, and help you simply and effectively explain the current market opportunities to potential buyers. Learn More
A Millennial’s Guide to Homeownership
This is a content-packed guide that offers powerful marketing materials to share with your clients, while also helping you simply and effectively explain the market’s current homeownership opportunities to a booming demographic that often finds itself stuck in the rental trap. Learn More
It’s Not Too Late To Apply For Forbearance Over the past year, the pandemic made it challenging for some homeowners to make their mortgage payments. Thankfully, the government initiated a forbearance program to provide much-needed support. Unless they’re extended once...
Are Interest Rates Expected to Rise Over the Next Year?So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into...