Inventory of Bank Owned Homes down in Utah - Expected to Rise

Real Estate Agent with Keller Williams Success Realty
Though the number of bank-owned homes in Utah is down, as the shadow inventory is released on the market, we expect that number to more than double.  This video covers inventory specifically in Weber and Davis county as of 3/15/2012, with the highest inventory being in Ogden, Clearfield, and Layton.  There are a few cities with little or no foreclosures on the market now, but most cities, such as Bountiful, North Salt Lake, Roy, North Ogden, Syracuse and Farr West do have a few homes available.  We do expect the increased number of foreclosures to affect home values throughout Utah, though Utah should fare better than most areas of the country.  

Click here to contact me for a list of bank owned homes.

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Kevin Richter
Your Real Estate Consultant for Life!
Keller Williams Success Realty

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Rob Lang
At Home Kansas / - Lawrence, KS
Local Expert in Lawrence Kansas Real Estate Homes

Thank you so much for posting this. I hope someone finds exactly what they are looking for here!

Mar 16, 2012 04:47 PM #1
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