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foreclosure: Farmington Real Estate Update - Third Quarter 2010 - 10/19/10 04:38 PM
My current Farmington Inventory Summary Summary for the quarter ending September 30, 2010 is now completed (see link to access full report). The report contains data for the first three full quarters of the year (can you believe we are already into the fall?).
Year to date closed sales are up nearly 40% from the same period a year ago while average and median sales prices declined approximately 5% and 7% respectively year to date. So, although unit sales increased, the majority of the increase is occurring in the lower price ranges as you can see in the middle chart where … (1 comments)

foreclosure: Morbid Humor Sometimes Has Its Place - 10/19/10 02:06 PM
I've always thought satire has an important role to play in helping to digest information that would otherwise be unpalatable or simply difficult to face or address.  Perhaps that is why I enjoy Jon Stewart's approach to several issues facing our country by trying to illustrate the issues with humor but a good twinge of pragmatic reality.  This recent version did a nice job of highlighting the catch-22 our industry (and by reference our economy)  faces:
FYI - although there is a good deal of "bleeping" involved, I recommend discretion (or at least a good volume control) in the environment you … (0 comments)

foreclosure: A $4 Trillion (yes a "T") Hangover - 07/20/10 11:53 AM
As many of my clients and friends know, I am a data geek. So be prepared for what is about to follow (and for those of you with insomnia – I may have found your cure).
There was an article/analysis done by Dhaval Joshi, chief strategist for London based hedge fund RAB Capital. I found it referenced in Barry Ritholtz’s blog article on July 15. WARNING: lots of data to digest in the linked article. Granted, I am generally suspect of data analysis put forth by hedge funds (there always seems to be an ulterior motive) but in this case, the … (0 comments)

 
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Craig Frazer, Davis & Salt Lake County Real Estate, RE/MAX Metro

Farmington, UT

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Address: 110 N. Main Street, Bountiful, UT, 84010

Office Phone: (801) 699-6046

Cell Phone: (801) 699-6046

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