The Real Estate Market Is Finally Turning Around

By
Real Estate Agent with Boomerang Leads

I began my real estate career in 2005, right when the market was starting to bubble here in Utah. After two years of plenty, and easy real estate, it seems like the market has been in decline mode ever since.

Well. 2013 looks like things are actually, finally, changing. Local real estate inventory is at its lowest levels in years, and we might even see home prices increase this year!

Mortgage interest rates right now are at all time lows (still). But with positive economic news on the Horizon, these rates will likely start rising soon. I'm sure they'll stay at relative lows, but compared with the sub 4's we see right now, they will go up.

It's exciting to finally think about real estate appreciation again, and the financial benefits of home ownership. If you're looking for homes for sale in the Logan Utah area, check out our new home search website for Boomerang Real Estate.

 

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Real Estate Market Trends
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market conditions
home prices

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Alan Barker

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