Salt Lake Real Estate Update: Number of Sales Down - Prices Slightly Up

First Quarter 2008 showed only small improvement in home prices and the number of SOLD homes was also down.

Fourth Quarters and First Quarters are historically low, while Second Quarters and Third Quarters are historically higher with regards to the number of SOLD homes reported.

There has been increased activity over the past few months, with Buyers who held off purchasing in the Fall and Winter, joining those who would normally be purchasing at this time of year.

Still, there is a surplus of inventory, but recent reports show that new construction has slowed and new construction surplus inventory is shrinking.

All these factors point to a real estate market that is improving in one of the best places to buy a home in the country.

If you are thinking about moving to the Salt Lake City area, make sure you get an Agent on YOUR side! 

Homebuyer Representation, Inc. is the only Real Estate Brokerage representing Buyers ONLY in Salt Lake City and the Surrounding Area. We do not list any homes. We never represent Sellers.

We work for BUYERS ONLY on the Buyer's side of the transaction.

We work to get BUYERS the Best Price and Terms when they Buy...

We're "The Real Estate Agents on the Buyer's Side" TM

If you have excellent credit and are thinking about buying a $250,000-$500,000 home in the Salt Lake area in the next 60-90 days, call us at (801) 969-8989 or contact us via the link on this page.

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