Housing Shortage – Are You Kidding?
While it may seem like a far-fetched idea (especially if you are trying to sell your home at the moment), an increasing number of economists are predicting a housing shortage […]
Real Estate Markets
Information on various real estate markets including the Salt Lake / Utah real estate market.
August 2010 Salt Lake County Home Sales
August 2010 home sales remained weak in the Salt Lake County area. While the number of Salt Lake County homes sold saw a tick up from July, it was considerably […]
May 2010 Salt Lake County Home Prices
Fueled by the home buyer tax credits, May 2010 returned the most home sales since June 2009, with a total of 1,219 sales. That’s an increase of just over 20% […]
March 2010 Salt Lake County Home Prices
March was a little bit of a mixed bag when it comes to Salt Lake County home sales. On the bright side the month on month days on market (average […]
Feb 2010 Salt Lake County Home Prices
While home sales in February did not exactly set the world on fire, there was further evidence that the Salt Lake County housing market is stabilizing. The number of home […]
January 2009 Sees Rise in Salt Lake County’s Median Home Price
December saw the median home price rise to the highest level seen since January 2009. The new median home price of $264,398 was a 6.27% increase over Novembers price, and […]
2009 Annual Home Prices for Salt Lake County
Only one of the 32 zip codes in Salt Lake County experienced single family home price appreciation in 2009. The Holladay zip code of 84117 increased its single family home […]
Fewer Homes in Negative Equity
Compared to the national average, Utah has fewer homes in negative equity — where someone’s mortgage is more than the current value of their home. At the end of the […]
Utah Home Run Grant Part Duex
Just a quick note to let you know that the Utah Governor recently announced they will use $8 million in federal stimulus funds to reintroduce the Home Run Grant. The […]
Is the Median Home Price a Good Indicator of How a Real Estate Market is Performing
The real estate industry standard for determining how a market is performing is the median home price or in some places the average home price. You hear it everywhere, median […]