real estate agents: What's the Market like in your area...SLC,UT? - 01/08/08 11:23 AM
Salt Lake like most part of the country is experience it's fair share of the slowing real estate market. The winter months add to the slower market movements, but there is no question that the real estate industry is taking a hit right now. Here are a few numbers as of January 8, 2008. The SFR's (Single Family Residence) sold in the past 30 days in Salt Lake County equal 468! The county currently has 6,810 units on the market to be sold (Figures come from the Multiple Listing Service for Salt Lake County). That equates to a monthly inventory of
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real estate agents: Can the Fed bring Stability??? - 12/11/07 11:23 AM
Interesting question. There are some great debates over this issue with respect to our industry (REAL ESTATE). There is probably little doubt that the Fed will lower the target for the Fed Funds by 1/4 percent (possibly by a 1/2%). What does this mean for us in the real estate industry? Hopefully with the lower short-term rates, this will help those with short-term financing tied to the prime rates. In the end remember that the Fed plays a role in helping maintain a good supply of money in the market, but the market is driven by supply and demand. Indirectly we hope
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real estate agents: Jason Botelho's Tip of the Week for Real Estate Professionals: "Thank You!" - 11/21/07 04:10 PM
Tomorrow is the Thanksgiving Season celebrated around the country. What a wonderful occasion. This is the time to give Thanks. I can think of no better gift than the gift of thanksgiving. We as agents should always remember to give thanks. To those of you who do not subscribe to the "Secret" or have not heard of the Law of Attraction, I wanted to paste a quote from Rhonda Byrne Creator of: "The Secret". This is a wonderful gift to each of us this Holiday season. Let's all commit to finding 100 things to be grateful for this Thanksgiving: Remember, "Without
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