clintonclearfield: Clinton/Clearfield, Utah; Current Market Conditions
- 05/30/10 03:50 PM
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 (1 comments)
clintonclearfield: Clinton/Clearfield, Utah; Current Market Conditions
- 10/06/09 03:37 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)
clintonclearfield: Clinton/Clearfield, Utah; Current Market Conditions
- 04/30/09 02:21 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)
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