market: Absorption Report for Utah.....
- 05/23/10 08:57 AM
The absorption report is calculated by number of homes sold plus those under-contract homes. The market has been absorpting the inventory. I would guess (don't have the data) the tax credit has helped. New home construction is also down from the over the last couple of years. This helps to create less inventory and thereby improves the absorption.
Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc.and a Utah license Loan Officer with Springwater Capital, LLC Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, … (0 comments)
market: The Sale Report
- 11/18/09 11:44 PM
Sales in many areas are not what they use to be and won't be for months or years to come. The negative equity has killed or seriously slowed parts of the market. However we can choose to focus on the positive or the negative. I have chosen to seek out the positive and take control of my own destiny. The old saying "Where there's a will there's a way." I believe to be a great truth. Every market has it opportunities. Every market is a bit different. I'm not saying I have discovered all the positives. I am saying the search … (0 comments)
market: Salt Lake City, Utah Real Estate, Has the Market Bottomed?
- 01/25/09 11:47 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 listings and higher percent of new listings 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 good time for conservative buyers to purchase. High risk tolerant investors and speculators are doing some bottom … (0 comments)
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 indictors) to confirm a market bottom. This is NOT a good time for conservative buyers to purchase. High risk tolerant investors and speculators are doing … (0 comments)
market: South Salt Lake, Utah Real Estate, Has the Market Bottomed?
- 01/21/09 12:03 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 indictors) to confirm a market bottom. This is NOT a good time for conservative buyers to purchase. High risk tolerant investors and speculators are doing … (4 comments)
market: Murray, Utah Real Estate, Has the Market Bottomed?
- 01/20/09 11:59 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 listings and higher percent of new listings 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 good time for conservative buyers to purchase. High risk tolerant investors and speculators are doing … (0 comments)
market: Midvale, Utah Real Estate, Has the Market Bottomed?
- 01/20/09 11:56 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 listings and higher percent of new listings 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 good time for conservative buyers to purchase. High risk tolerant investors and speculators are doing … (0 comments)
market: Magna, Utah Real Estate, Has the Market Bottomed?
- 01/18/09 11:59 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 listings and higher percent of new listings 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 good time for conservative buyers to purchase. High risk tolerant … (0 comments)
market: South Jordan, Utah Real Estate, Has the Market Bottomed?
- 01/18/09 11:56 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 listings and higher percent of new listings 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 good time for conservative buyers to purchase. High risk tolerant investors and speculators are doing some … (0 comments)
market: Riverton, Utah Real Estate, Has the Market Bottomed?
- 01/18/09 11:52 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 listings and higher percent of new listings 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 good time for conservative buyers to purchase. High risk tolerant investors and speculators are doing some … (0 comments)
market: Sandy, Utah Real Estate, Has the Market Bottomed?
- 01/18/09 11:46 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 listings and higher percent of new listings 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 good time for conservative buyers to purchase. High risk tolerant investors and speculators are doing some … (0 comments)
market: West Jordan, Utah Real Estate, Has the Market Bottomed?
- 01/18/09 10:53 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.
SUMMARY Currently we are not seeing the needed positive price action (along with other indictors) to confirm a market bottom. This is NOT a good time for conservative buyers to purchase. High risk tolerant investors and … (0 comments)
market: West Valley City, Utah Real Estate, Has the Market Bottomed?
- 01/18/09 10:50 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 indictors) to confirm a market bottom. This is NOT a good time for conservative buyers to purchase. High risk tolerant investors … (0 comments)
market: Holladay, Utah Real Estate, Has the Market Bottomed?
- 01/18/09 10:45 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 indictors) 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: Herriman, Utah Real Estate, Has the Market Bottomed?
- 01/15/09 01:26 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 indictors) 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: Draper, Utah Real Estate, Has the Market Bottomed?
- 01/15/09 01:22 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 indictors) to confirm a market bottom. This is NOT a good time for conservative buyers to purchase. High risk tolerant investors and speculators are doing … (0 comments)
market: Cottonwood, Utah Real Estate, Has the Market Bottomed?
- 01/15/09 01:17 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 indictors) to confirm a market bottom. This is NOT a good time for conservative buyers to purchase. High risk tolerant investors and speculators are doing … (0 comments)
market: Avenues, Salt Lake City, Utah Real Estate, Has the Market Bottomed?
- 01/15/09 01:09 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 indictors) to confirm a market bottom. This is NOT a good time for conservative buyers to purchase. High risk tolerant investors and speculators are doing some bottom fishing. … (0 comments)
market: Lehi, Utah Real Estate, Has the Market Bottomed?
- 01/11/09 04:16 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 11.02% 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 good time … (1 comments)
market: Saratoga Springs, Utah Real Estate, Has the Market Bottomed?
- 01/11/09 04:10 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 9.25% 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 good time … (0 comments)
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
The absorption report is calculated by number of homes sold plus those under-contract homes.
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