Utah Realty Presents A Tale of Two Markets [INFOGRAPHIC]
![A Tale of Two Markets [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2019/05/29110946/20190510-ENG-STM-1046x1354.jpg)
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.
Experts Predict Economic Recovery Should Begin in the Second Half of 2020
Experts Predict Economic Recovery Should Begin in the Second Half of the Year One of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward in...
6 Reasons Why Selling Your House on Your Own Is a Mistake
6 Reasons Why Selling Your House on Your Own Is a Mistake There are many benefits to working with a real estate professional when selling your house. During challenging times like the one we face today, it becomes even more important to have an expert help guide you...
Housing Market Positioned to Bring Back the Economy
Housing Market Positioned to Bring Back the EconomyAll eyes are on the American economy. As it goes, so does the world economy. With states beginning to reopen, the question becomes: which sectors of the economy will drive its recovery? There seems to be a growing...
#1 Financial Benefit of Homeownership: Family Wealth
#1 Financial Benefit of Homeownership: Family WealthWhile growing up, we were taught by our parents and grandparents that owning a home is a financially savvy move. They explained how a mortgage is like a “forced savings plan.” When you pay rent, that money is lost...
Adapting Your Home As a Senior
Adapting Your Home Adapting with Age Most of us would prefer to age in our current home. But as health and aging issues make more areas of the home hard to access or pose a greater risk of injury, doing so can be difficult. We can begin to feel trapped and that...
2020 Homeowner Wish List
Some HighlightsIn a recent study by realtor.com, homeowners noted some of the main things they would change about their homes to make them more livable.Not surprisingly, more space, an updated kitchen, and a home gym rose to the top of the list.If you’re thinking of...
What the Experts See Coming for the Housing Market May 14th, 2020
What the Experts See Coming for the Housing Market Experts are optimistic that the housing market will rebound as the country emerges from stay-at-home orders. Let's connect to discuss how these key insights may fuel your plans to buy or sell a home this year.
Will the Utah Housing Market Turn Around This Year?
Will the Housing Market Turn Around This Year?Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if...
A Surprising Shift to the ‘Burbs May Be on the Rise
A Surprising Shift to the ‘Burbs May Be on the RiseWhile many people across the U.S. have traditionally enjoyed the perks of an urban lifestyle, some who live in more populated city limits today are beginning to rethink their current neighborhoods. Being in close...
Unemployment Report: No Need to Be Terrified
Unemployment Report: No Need to Be TerrifiedLast Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump to 14.7%. Many anticipate that next...