kaysville utah: Kaysville Utah; Current Market Conditions - 05/08/09 07:40 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)

 
Dh000002 Rainmaker_large

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

Email Me

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


Listings

Links

Archives

RSS 2.0 Feed for this blog