salt lake: Sandy City Utah home Sales - June 2007 - 07/13/07 11:16 PM
Sandy City home values fell slightly during the 2nd quarter and have softened to a 1.3% increase over 2nd quarter 2006 values. June values show a sharp increase. However, it is due to a larger number of homes above 5 bedrooms closing in June and is not representative of the Sandy City market … (0 comments)
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salt lake: West Valley City Home Sales - June 2007 - 07/13/07 11:10 PM
West Valley City Utah home sales went through a major transition in June. Home values continued to rise by 1.7% for the month of June and were 28% higher than they were in June 2006. In just the last 6 months West Valley home prices have increased by 15.6%. That is the … (0 comments)
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salt lake: West Jordan Utah Home Sales - June 2007 - 07/13/07 11:03 PM
West Jordan home prices continue to rise but at a much slower pace. June prices were only 9% higher than last year and were 5.8% higher than prices at the end of 2006. The slowing is certainly due to the increased inventory and the length of time it is taking to … (0 comments)
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salt lake: June Home Sales - Bluffdale / Herriman / Riverton Utah - 07/13/07 10:51 PM
Bluffdale, Herriman, and Riverton Utah home sales are in the tank. While home prices are still higher than the same month in 2006 the amount of increase is decreasing. Second quarter 2007 home prices are 15.1% higher than second quarter 2006. The real difference will begin to show in the upcoming … (0 comments)
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salt lake: South Jordan Utah Home Sales - June 2007 - 07/13/07 10:39 PM
South Jordan home prices continued to decline in June and for the first time fell below values from the prior year. June 2007 prices were 7.5% lower than they were in June 2006.
Though prices declined steadily during the 2nd quarter they are still 5.2% higher than home prices at year-end. So it could … (0 comments)
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salt lake: Buyer or Sellers Market? Absorption Rate is The Key! - 07/07/07 02:02 PM
Buyers and Sellers all pretty much ask the same questions. So it's not really to difficult for real estate agents that are active in the market to answer their clients questions. But there is one question most realtors struggle a little with. And yet, it is one of the most important … (4 comments)
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salt lake: Salt Lake City Real Estate Fraud - July 2007 Update - 07/06/07 12:37 PM
Last month we posted about the Utah Division Of Real Estates Fraud Alert sent to all licensed Real Estate Agents, Appraisers, and Lenders. Here is an update on some additional types of fraud occurring since our last post.
Credit Score Piggy-backing
You want to purchase a home but your score is below 620. … (0 comments)
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salt lake: Convenient 3 Bedroom South Jordan Utah Townhouse - 07/05/07 06:55 PM
South Jordans Townhouse Secret - 3 Beds and a pool!Location: South Jordan, UTThis popular South Jordan PUD is conveniently located off Bangerter Highway and 10400 South. Enjoy the convenience of the pool, work-out room, clubhouse, and playground without any of the maintenance. With 3 bedrooms and 3 bath this townhouse is … (0 comments)
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salt lake: Salt Lake Shows Final Plans For Clayton Middle School - 06/23/07 03:09 PM
Salt Lake School District and Clayton Middle School met with homeowners and parents last week to present the final plans for the construction of the new school. Clayton construction is scheduled to begin in September and will take about 2 years to complete.
Parents and surrounding homeowners generally seemed pleased with the … (3 comments)
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salt lake: Home Remodeling Costs In Salt Lake City - What's The Payback? - 06/20/07 06:20 PM
Salt Lake City home values have increased significantly over the last 18 months. So the cost of virtually any home improvement project was recovered when selling the home. But, things are getting back to normal. We're now in a more balanced market and home owners wanting to make improvements to their … (2 comments)
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salt lake: Magna Utah Home Values up 18% Since Year-End! - 06/16/07 10:20 PM
Magna home values are up 18% since year-end! It is clearly the hottest market in Salt Lake County. Home values have increased steadily this year and sales volume has kept a close pace with the records numbers of 2006.
Will it continue? I believe it will.
Look at the absorption rate of 3.4 … (0 comments)
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salt lake: Kearns Utah Housing Report - May 2007 - 06/16/07 09:52 PM
Kearns and West Valley City have very similar statistics. They are the 2 hottest real estate markets in Salt Lake County.
Kearns home values have increased 13.2% since the end of the year. May 2007 average home values are 27.4% higher than May 2006. Monthly increases continue and are likely to continue … (0 comments)
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salt lake: Taylorsville Utah Housing Report - May 2007 - 06/16/07 06:16 PM
Taylorsville Utah home values have fluctuated wildly over the last few months but year to-date they are up 7.1%. May 2007 values are 17% higher than May 2007. Taylorsville home values are strong and are expected to keep rising as first-time buyers keep looking for homes.
The volume of home sales … (2 comments)
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salt lake: West Jordan Housing Report - May 2007 - 06/16/07 05:26 PM
West Jordan home values have increased approx 8.2% since the end of the year and have increased about 3% each in April and May. West Jordan values are strong and continue to rise. Home values in May were 21% higher than in May 2007.
Though home values are up, the number … (0 comments)
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salt lake: West Valley City Housing Report - May 2007 - 06/16/07 04:57 PM
West Valley City is still one of the hottest home markets in Salt Lake County. Home values have increased every month in 2007 and in May were nearly 22% higher than what they were in May 2006. Not only are home values strong but the number of homes sold has stayed … (0 comments)
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salt lake: South Jordan Utah Housing Report - May 2007 - 06/16/07 04:54 PM
South Jordan home sales are pretty much in the tank. Values increased over March and April but declined as sellers finally negotiated a sale. May home values were only 2.8% higher than prices in May 2006. That is one of the smallest annual increases in Salt Lake County.
A bigger concern for … (0 comments)
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salt lake: Salt Lake's East High School - A New Principal - 06/15/07 12:16 PM
Salt Lake City School District and East High School named the new principal last week. The new man in charge is Dr. Paul Sagers. SaltLakeSpeaks congratulates Dr. Sagers and wishes him the best in his new position. He takes the helm July 1st.
So who is this new principal? The following is from … (0 comments)
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salt lake: Salt Lake County - Home Absorption Rates - May 2007 - 06/14/07 07:56 PM
Are we in a buyers or a sellers market?
How do we know which market we are in?
If you ask most real estate agents if we are in a buyers or a sellers market they will start talking to you about "Days On Market" (DOM). DOM is a number computed by the … (2 comments)
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salt lake: Housing Market Report for Midvale, UT - May 2007 - 06/10/07 05:50 PM
The Midvale housing market is one of the strongest in the Salt Lake Valley. Though home values dipped a little in May, they are still 16% higher than they were in January and 28% higher than May 2006. The number of homes sold also dipped slightly in May but was only … (0 comments)
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salt lake: Housing Report for Salt Lake County, UT - May 2007 - 06/10/07 05:47 PM
The value of homes in Salt Lake County continues to increase despite national reports of a housing crisis and national decline in values. In our February Market forecast we mentioned that Fortune and Moodys were forecasting a 5.4% overall increase for Salt Lake in 2007. For the 5 months ending May … (0 comments)
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