salt lake city real estate: Daybreak 3rd Quarter 2014 Market Update - 11/10/14 02:05 AM
The median home sales price for a Daybreak home increased just 1.32% in the 3rd quarter 2014, with the number of homes sold also showing a small increase of 2.91%. The big jump was in the number of days it took to sell a home which increased more than 88.57% to 66 days. So why the big jump in days on market? Well it’s all about oversupply. The home builders feeling better about the market have really stepped up their building of spec homes (homes built without a buyer). This is causing a surplus of homes for sale on the market, … (0 comments)

salt lake city real estate: Strong Housing Market Pushes Home Prices Up 20% - 03/21/13 06:51 AM
The strong Salt Lake Real Estate housing market pushed up home prices by 20% in February 2013 when compared with the same month in 2012. The market continues to be driven by a shortage of homes for sale, with home buyers facing tough competition that often results in multiples offers within a day of a listing hitting the market. New home construction is also doing well in this market, with developments raising prices throughout the Wasatch Front. First time home buyers seem to be having the hardest time, having to compete with investors who are either buying rental properties or flipping … (0 comments)

salt lake city real estate: Have Salt Lake County Home Prices Bottomed? - 08/15/11 12:23 PM
Looking at the Salt Lake home price data for the second quarter 2011, there are some signs that home prices seem to have stabilized. While year on year prices are down 5%, if we just look at the last two quarters we can see that home prices in the Salt Lake Valley actually saw a modest increase of 1.55% (I can’t remember the last time that happened). This increase reflects the stronger home sales data we have been seeing at the monthly level (see Home Sales Data for April 2011).
 
This strengthening of the housing market appears to be … (0 comments)

 
Trela Bird, Realtor, Salt Lake City Utah (Urban Utah Homes & Estates)

Trela Bird

Realtor, Salt Lake City Utah

Salt Lake City, UT

More about me…

Urban Utah Homes & Estates

Mobile: (801) 450-3535



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