Real estate blog entries tagged with alpline by Mark Watterson Utah Real Estate (Principle Realty Group, Inc)

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Home : Blogs : Mark Watterson Utah Real Estate : Mark Watterson (801) 815-0411, Broker, Utah Realtor : Tag "alpline"

alpline: Alpine, Utah; Current Market Conditions - 07/18/10 12:28 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. We are seeing more signs of a bottom coming into play.
Investors with a long term buy and hold strategic. Opportunities are making … (0 comments)

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Mark Watterson Utah Real Estate

Salt Lake City, UT

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Principle Realty Group, Inc

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