market conditions: North Salt Lake, Utah Real Estate, Has the Market Bottomed? - 12/24/08 05:24 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. 
On a year over year, YTD comparison currently 6.76 % of new listings are being sold.
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action (along with other indictors) to confirm a market bottom.  This is NOT a … (2 comments)

market conditions: Layton, Utah Real Estate, Has the Market Bottomed? - 12/24/08 05:19 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. 
On a year over year, YTD comparison currently (7.97) % of new listings are being sold.
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action (along with other indictors) to confirm a market bottom.  This is NOT a … (0 comments)

market conditions: Kaysville, Utah Real Estate, Has the Market Bottomed? - 12/24/08 04:53 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. 
On a year over year, YTD comparison currently (6.59) % of new listings are being sold.
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action (along with other indictors) to confirm a market bottom.  This is NOT a … (0 comments)

market conditions: Farmington, Utah Real Estate, Has the Market Bottomed? - 12/24/08 04:48 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. 
On a year over year, YTD comparison currently (13.71) % of new listings are being sold.
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action (along with other indictors) to confirm a market bottom.  This is NOT a … (0 comments)

market conditions: Centerville, Utah Real Estate, Has the Market Bottomed? - 12/24/08 04:44 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. 
On a year over year, YTD comparison currently (.89) % of new listings are being sold.
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action (along with other indictors) to confirm a market bottom.  This is NOT a … (0 comments)

market conditions: Clinton and Clearfield, Utah Real Estate, Has the Market Bottomed? - 12/24/08 01:14 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. 
On a year over year, YTD comparison currently (8.28) % of new listings are being sold.
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action (along with other indictors) to confirm a market bottom.  This is NOT a … (0 comments)

market conditions: Urrrrrg!!!...What am I going Blog about??? - 12/22/08 11:41 PM

I was pulling my hair out trying to figure this out???
How am I going to make this worth my time?
Where am I going to find something to write about?
And what about writing something worth reading?
After reading so many GREAT thought inspiring posts (Thank you Everyone) and commenting (very little) for over a year.  I found my voice and decided to write about a couple of topic's. 
First: I wanted to write about consumer information to assist buyers and sellers in the decision making process. 
Second: I wanted to write about what I'm passionate about, so those reading my blogs can learn about me.  … (5 comments)

market conditions: West Valley City, Utah Real Estate, Is the Market bottom confirmed??? YES, NO, MAYBE - 12/22/08 04:37 AM
We still are having a low percent of new listings being SOLD.  Currently (21.67)% on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom.
Please see data below.                                                                                 
PRICE ACTION

 
Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.
 
 
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are … (0 comments)

market conditions: West Jordan, Utah Real Estate, Is the Market bottom confirmed??? YES, NO, MAYBE - 12/21/08 12:00 AM
We still are having a low percent of new listings being SOLD.  Currently (8.30)% on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom.
Please see data below.                                                                                 
PRICE ACTION

 
Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.
 
 
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are … (0 comments)

market conditions: Springville, Utah Real Estate, Is the Market bottom confirmed??? YES, NO, MAYBE - 12/19/08 12:36 AM
We still are having a low percent of new listings being SOLD.  Currently (25.35)% on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom.
Please see data below.                                                                                 
PRICE ACTION

 
Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.
 
 
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are … (0 comments)

market conditions: South Salt Lake City, Utah Real Estate, Is the Market bottom confirmed??? YES, NO, MAYBE - 12/18/08 11:11 PM
We still are having a low percent of new listings being SOLD.  Currently (28.33)% on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom.
Please see data below.                                                                                 
PRICE ACTION

 
Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.
 
 
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are … (0 comments)

market conditions: Sandy, Utah Real Estate, Is the Market bottom confirmed??? YES, NO, MAYBE - 12/17/08 10:34 PM
We still are having a low percent of new listings being SOLD.  Currently (14.38)% on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom.
Please see data below.                                                                                 
PRICE ACTION

 
Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.
 
 
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are … (0 comments)

market conditions: South Jordan, Utah Real Estate, Is the Market bottom confirmed??? YES, NO, MAYBE - 12/17/08 12:45 AM
We still are having a low percent of new listings being SOLD.  Currently (5.97)% on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom.
Please see data below.                                                                                 
PRICE ACTION

 
Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.
 
 
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are … (0 comments)

market conditions: Riverton, Utah Real Estate, Is the Market bottom confirmed??? YES, NO, MAYBE - 12/16/08 10:47 PM
We still are having a low percent of new listings being SOLD.  Currently (3.48)% on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom.
Please see data below.                                                                                 
PRICE ACTION

 
Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.
 
 
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are … (0 comments)

market conditions: Murray, Utah Real Estate, Is the Market bottom confirmed??? YES, NO, MAYBE - 12/15/08 11:18 PM
We still are having a low percent of new listings being SOLD.  Currently (12.04)% on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom.
Please see data below.                                                                                 
PRICE ACTION

 
Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.
 
 
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are … (2 comments)

market conditions: Midvale, Utah Real Estate, Is the Market bottom confirmed??? YES, NO, MAYBE - 12/15/08 10:24 PM
We still are having a low percent of new listings being SOLD.  Currently (41.79)% on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom.
Please see data below.                                                                                 
PRICE ACTION

 
Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.
 
 
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are … (0 comments)

market conditions: Holladay, Utah Real Estate, Is the Market bottom confirmed??? YES, NO, MAYBE - 12/14/08 10:57 PM
We still are having a low percent of new listings being SOLD.  Currently (4.22)% on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom.
Please see data below.                                                                                 
PRICE ACTION

 
Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.
 
 
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are … (4 comments)

market conditions: It’s Human Nature to work the system and the Key to Preventing Disasters is Regulation - 12/13/08 11:19 PM
Many years ago in another life, I went to work for a gold mining company they had bought an old mine and mill that had been closed for several years.  The old building already contained the basic's needed for setting up the gold milling process. Filling up an old underground mine seem to be viable, inexpensive way to dispose of the ore waste. 

Here is the issue.  Cyanide (cyanide is extreme deadly to humans)was use to extract the gold (common pratice) from the ore, then the tailings (ore waste) where put into the old mine where they potentially were exposed to the underground water. 
The … (5 comments)

market conditions: Eastside of Salt Lake City, Utah Real Estate, Is the Market bottom confirmed??? YES, NO, MAYBE - 12/13/08 11:13 PM
We still are having a low percent of new listings being SOLD.  Currently 1.22% on a year over year, YTD comparison and we need positive % of listings sold, with positive price action to confirm market bottom.
Please see data below.                                                                                 
PRICE ACTION

 
Other good signs in addition to positive price action is lower DOM (days of the market) and lower new listings.
 
 
 
 
 
 
SUMMARY 
Currently we are not seeing the needed positive price action to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are … (0 comments)

market conditions: Enhancing Utah Market Conditions Reports with Active Rain..... - 12/12/08 12:05 PM

I have started using Active Rain to enhance my other marketing efforts.
I have been a member for over a year and have been actively posting on AR for a short time.
I strongly believed in writing about the real estate market and have done so on other media (which I paid to have published) for several years, including writing market condition reports on Realty Times.  This has been my best source of referrals to my website www.MarkWatterson.com .

Realty Times Market conditions report is limited to text only.  This has not allowed me to publish graphs, charts, ect.  I feel visuals aid in the communication process and charts are more user … (2 comments)

 
Mark Watterson, Utah Real Estate

Mark Watterson

Utah Real Estate

Salt Lake City, UT

More about me…

Address: 5974 South 2700 West, Roy, UT, 84067

Office: (801) 815-0411

Mobile: (801) 815-0411

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


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