Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Housing Market Vernal Utah
Housing Market Vernal Utah  
Vernal Utah Current Real Estate MarketAs a need-driven (rather than investment-driven) market, the Vernal, Utah area Real Estate Market is currently much different from the rest of the United States.Since 2005, the Vernal area has steadily increased in number of sales and price of real estate properties. This has led many developers to look for land to buy and entitle for subdivisions, which they intend to either build out or resale.Many builders built homes in the $250,000 and up price range. This created a rise in inventory of homes for sale, since many of our buyers are looking for more affordable housing. However, in the last month the inventory has started to move downward toward a more reasonable amount for our marketVernal is in the heart of an area with an abundance of "in demand" energy resources - oil, natural gas and oil shale. Major companies are continuing to expand their production and number of employees here. A surge over the last few years has led to rising rent prices, which have benefitted many property owners. In fact, the scarcity of rentals has forced many companies to house employees in motels until more rental spaces become ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention