Though the number of bank-owned homes in Utah is down, as the shadow inventory is released on the market, we expect that number to more than double.  This video covers inventory specifically in Weber and Davis county as of 3/15/2012, with the highest inventory being in Ogden, Clearfield, and Layton.  There are a few cities with little or no foreclosures on the market now, but most cities, such as Bountiful, North Salt Lake, Roy, North Ogden, Syracuse and Farr West do have a few homes available.  We do expect the increased number of foreclosures to affect home values throughout Utah, though Utah should fare better than most areas of the country.  


Click here to contact me for a list of bank owned homes.


-- 
Kevin Richter
Your Real Estate Consultant for Life!
Keller Williams Success Realty
801-475-5000

www.MyUtahHomeHunt.com

The greatest compliment you can offer to me is the referral of your family and friends.   Thank you for your trust!
 

We're Movin' on up, to the East side!
03/14/2012
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We've been talking quite a bit lately about the shadow inventory that we expect to hit the market here in Utah, and how we expect that it will have a negative affect on prices. Depending on the "expert" economists you listen to, we should see a 3-13… more
What is the supply of Bank-Owned Homes in Utah?
03/13/2012
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Shadow inventory is on it's way, but how does Utah compare? What is my home worth in Utah? The value of homes can vary drastically from city to city, so if you live in Bountiful, you shouldn't compare your home to homes in Kaysville,… more
Robo Signing - Affect on Utah Foreclosures & Bank-Owned Shadow…
03/09/2012
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So what's behind the large shadow inventory that's poised to hit our market in Utah? The Robo-Signing scandal, where banks signed foreclosure documents without reviewing them for accuracy. From Bountiful to North Ogden, Layton to Clinton, Salt Lake… more
Foreclosure rates in Utah below national average!
03/08/2012
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Check out this short video about Utah foreclosures, and how we compare to the rest of the nation! We have seen an uptick in the number of foreclosures initiated over the past week in Bountiful, North Salt Lake, Centerville,… more
Holy Home Values in Utah, Batman! My Home is worth What?
03/06/2012
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Call 801-475-5000 or visit http://www. MyUtahHomeHunt. com for immediate assistance! What is the value of my home in Utah? Selling a home in Weber or Davis County, and getting the highest price possible, requires specific market… more
 
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Kevin Richter

Ogden, UT

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Keller Williams Success Realty

Address: 5711 S 1475 E, 2nd Flr, South Ogden, UTAH (UT), 84403

Office Phone: (801) 475-5000 x 801

Cell Phone: (801) 475-5000

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