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salt lake: Is Salt Lake City still Undervalued and a Real Estate Investment Hot Spot? - 05/14/07 11:52 AM
In 2006, Salt Lake City screamed to the top of the national appreciation list as values rose by about 20%. On the heals of this national exposure, several recent reports promote the area as remaining undervalued. Is it undervalued? Is it still a good real estate investor buy? According to weekly data compiled for over 12,000 cities by Signil, the median asking price of a single family home in Salt Lake City is hovering right around $315,000. The Wage Adjusted Median Home Price falls significantly below the actual median at only $267,000. The local wage adjusted median home price is an adjusted median
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Dan Matheny
Arvada,
CO
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