Lehi, Utah; Current Market Conditions - 02/28/10 01:13 PM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.  
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those investor with low and/or no risk tolerance to purchase.  Investors with a long term buy and hold … (0 comments)

Highland, Utah; Current Market Conditions - 02/28/10 01:03 PM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.  
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those investor with low and/or no risk tolerance to purchase.  Investors with a long term buy and hold … (0 comments)

Eagle Mountain, Utah; Current Market Conditions - 02/28/10 12:45 PM
We need Positive Price Action to confirm market bottom. One month of price improve isn't sufficient to confirm the market bottom. We need to see appreciation month over month for three months.
PRICE ACTION

Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom. This is NOT a good time for those investor with low and/or no risk tolerance to purchase. Investors with a long term buy and … (0 comments)

Draper, Utah; Current Market Conditions - 02/28/10 12:32 PM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.  
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those investor with low and/or no risk tolerance to purchase.  Investors with a long term buy and hold … (2 comments)

Cedar Hills, Utah; Current Market Conditions - 02/28/10 11:56 AM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.  
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those investor with low and/or no risk tolerance to purchase.  Investors with a long term buy and hold … (0 comments)

Alpine, Utah; Current Market Conditions - 02/27/10 07:54 PM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.  
SUMMARY
Has the Utah Real Estate Market bottomed?
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those investor with low and/or no risk tolerance to purchase.  Investors with a long term buy and hold … (2 comments)

Mission Statement - Not about the Money..... Part One - 02/27/10 05:43 PM

I have been reading several posts about ethics and how real estates agents and broker are viewed. 
Their is limited control that we have over the big picture (others in the profession).  However we can very much control how we conduct our business.
I believe a mission statement is a place to start and I decided break down mine piece by piece in hope of provide some insight to why I feel they are a good solid foundation from which to built a business model.
Bottom line we are the result of our choices.  The majority in the industry make great … (4 comments)

Because of the coming Tsunami the Navy is moving part of the fleet out to sea.... - 02/27/10 01:56 PM
The US Navy is now moving part of the fleet out to sea just in case.
We are hoping to get pictures. 
We are still preparing.  Filling the tub with water and preparing to be without power.
Many road closures now happening. 
______________________________________________________________________________________________________________________________________ 
 
 
Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties.  View comprehensive property resource information at www.markwatterson.com or www.UtahMark.com
 
… (0 comments)

Tsunami on the way here in Hawaii - 02/27/10 01:47 PM
 
 
 
We were woke up at 6am this morning from the sirens on the beach.  Turn on the TV to find out a tsunami is going hit the island at 11am.
 
We are on Waikiki Beach in the Hilton resort, on the south side of the island which is to be hit first.  We are getting prepared and ready to take pictures.
 
All the sail boat are going out to sea.  Safer than in the docks.
 
The police are moving people off the beach.  It's a beautiful day and doesn't look like anything out of the normal. … (3 comments)

The Good, The Bad, & The Ugly - Mortgage Interest Rates & the Tax Credit - News you need to know!! - 02/06/10 01:07 PM

Via Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages - USDA loans (Infinity Home Mortgage Company, Inc):
When is it a good time to buy a home?
Important interest rate info below. Please read ...
 

 
First time homebuyers have been blessed with low mortgage interest rates and the first time homebuyer tax credit.  We have heard so many times in the last 12 months that now is a great time to buy. But is this true?  So when is it a great time to buy as a first time home buyer or even … (6 comments)

Sandy, Utah; Current Market Conditions - 02/06/10 12:50 PM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.  
 SUMMARY
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase. 
High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing. 
Some are trying to … (0 comments)

Riverton, Utah; Current Market Conditions - 02/06/10 12:36 PM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.  
 SUMMARY
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase. 
High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing. 
Some are trying to … (1 comments)

Murray, Utah; Current Market Conditions - 02/06/10 10:24 AM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.  
 SUMMARY
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase. 
High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing. 
Some are trying to … (1 comments)

Midvale, Utah; Current Market Conditions - 02/06/10 09:27 AM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.  
 SUMMARY
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase. 
High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing. 
Some are trying to … (0 comments)

Magna, Utah; Current Market Conditions - 02/06/10 08:48 AM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.  
 SUMMARY
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase. 
High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing. 
Some are trying to … (0 comments)

Holladay, Utah; Current Market Conditions - 02/01/10 06:44 PM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.  
 SUMMARY
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase. 
High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing. 
Some are trying to … (1 comments)

Herriman, Utah; Current Market Conditions - 02/01/10 06:41 PM
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months.
PRICE ACTION
 
Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.  
 SUMMARY
Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase. 
High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing. 
Some are trying to … (1 comments)

 
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Mark Watterson Utah Real Estate

Salt Lake City, UT

More about me…

Address: 5974 South 2700 West, Roy, UT, 84067

Office Phone: (801) 815-0411

Cell Phone: (801) 815-0411

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My Blog is designed to provide resources to enable you to make an informed buying and seller decisions. For comprehensive resources log to www.MarkWatterson.com or www.UtahMark.com


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