Utah Realty Presents A Tale of Two Markets [INFOGRAPHIC]

A Tale of Two Markets [INFOGRAPHIC] | MyKCM

Some Highlights:

  • An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
  • Inventory continues to rise in the luxury and premium home markets which is causing prices to cool.
  • Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 85 consecutive months.
Your House Could Be the Oasis in an Inventory Desert

Your House Could Be the Oasis in an Inventory Desert

Your House Could Be the Oasis in an Inventory DesertHomebuyers are flooding the housing market right now to take advantage of record-low mortgage rates. Many have a sense of urgency to find a home soon since experts forecast a steady rise in both rates and home prices...

It’s Not Too Late To Apply For Forbearance

It’s Not Too Late To Apply For Forbearance

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?

Are Interest Rates Expected to Rise Over the Next Year?

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...

Utah Housing This Isn’t a Bubble. It’s Simply Lack of Supply

Utah Housing This Isn’t a Bubble. It’s Simply Lack of Supply

This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC] Some Highlights In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high...

Top 4 Reasons to Own a Home

Top 4 Reasons to Own a Home   Owning a home can have an incredible impact on your quality of life. Let's connect if you're ready to make your dream of homeownership a reality.

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