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davis county: Utah Market Conditions Report - Utah County – Land - 05/16/10 10:43 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)

davis county: Utah Market Conditions Report - Davis County - Land - 05/16/10 10:26 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)

davis county: Investing in Real Estate in the Greater Salt Lake City, Utah area..... - 11/23/09 10:41 AM
Investor Strategies Investors we work with have a full range of experience. Many are full-time investors; however the majority have other employment (aka a JOB). Investing can be a long term strategic to create wealth for their retirement years.  Some favor shorter term strategics.
This current market conditions have changed the options avaialble to investors.  It's important that you have a great team of professionals (Real Estate, Mortgage, Title and Legal) working together to achieve your goals.
Were here to help.  Please call when your ready to invest in the Greater Salt Lake City, Utah area (Salt Lake, Utah, Davis and Weber counties).
 
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(1 comments)

davis county: Utah Market Condition Report---Davis County - 04/26/09 09:38 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 listings and 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 … (0 comments)

davis county: Davis County Sales by Month--Market Conditions Report - 04/05/09 03:51 PM
I've decided it would be nice look at the history of sales in the Davis County area.  So I started with last month's sales and compared year over year for March.  The report includes everything on record. 
 

Things I find most note worthy
1- Sales showing the lowest on record since 1999.
2- (DOM) days on the market at record levels.
3- Trend is to buy less expensive home.  Some of the lower prices is deflation of the market and part is the appetite of the buyers for upgrades is waning.
There is a silver lining. 
The State of Utah announced a grant … (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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