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.
Does “Aging in Place” Make the Most Sense?
Does “Aging in Place” Make the Most Sense? A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home,...
The U.S. expansion, now in its 11th year, will continue through the 2020 presidential election
Strength of the Economy Is Surprising the Experts We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by...
The top 10 highest Utah median prices in the fourth quarter by ZIP code
The median single-family home price in Salt Lake County in the fourth quarter increased to $378,000, up 8 percent compared to a median price of $350,000 in 2018's fourth quarter. Strong demand for homes is being driven by net in-migration and population increase. In...
First-Time Buyers Are Searching for Existing Homes This Year
First-Time Buyers Are Searching for Existing Homes This Year In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all...
American Dream Grant
Homeownership matters. That is why the Salt Lake Board of Realtors® this year is giving away down payment housing grants. This is just one way for us to help our community. The next grant is for single parents. The deadline to apply for this grant is March 20.
Utah Real Estate Market Stats for December
An Exceptional Year for Salt Lake’sHousing Market | 2019 Was One of theBest Years in Overall Residential Sales
Attention Utah Home Buyers
2020 Homebuying Checklist Some Highlights: If you’re thinking of buying a home, plan ahead and stay on the right track, starting with pre-approval. Being proactive about the homebuying process will help set you up for success in each step. Make sure to work with a...
How Buyers Can Win By Downsizing in 2020
Marty Gale SRESHow Buyers Can Win By Downsizing in 2020 Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as...
The 2 Surprising Things Homebuyers Really Want
The 2 Surprising Things Homebuyers Really Want In a market where current inventory is low, it’s normal to think buyers might be willing to give up a few desirable features in their home search in order to make finding a house a little easier. Don’t be fooled, though –...
2020 Expert Forecast in Numbers
The expert forecast is looking bright when it comes to the 2020 housing market. Let’s connect to talk about how these numbers can bring you one step closer to homeownership this year.