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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% drop in prices on a national level as the market absorbs those additional homes. If you're looking in Weber and Davis counties, such as Bountiful, Layton, or Ogden, I think we will be below the national average. Unfortunately, I have misplaced my magic 8 ball. Whatever price drop we do see, there … (3 comments)
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