Do Buyers or Sellers Have the Upper Hand in the Utah Market?

By
Real Estate Agent with Roxburgh & Associates
https://activerain.com/droplet/55tM

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Is the Utah real estate market in a buyer's market or seller's market right now?

 

I would say thanks to the shortage of available homes, we're definitely in a seller's market. Because of that, homeowners are getting top price for their homes when selling, which is very exciting for them.

 

If you're looking to buy a home, the good news is that interest rates are still near the lowest they've been in about 40 years. As a result, buyers are able to afford homes that they otherwise wouldn't have been able to afford in past markets. This has caused buyers to continue pushing the market despite the lack of inventory and price increases.

 

We're still trying to keep up with the demand for both sellers and new construction homes in the Utah market. We're also seeing many homeowners able to sell their house and buy a new one they wouldn't have been able to afford with the equity previously.

 

In short, it's a seller's market, but interest rates make it a great time to buy a home too. If you're thinking of buying or selling a home, give me call or send me an email. I'd love to speak more with you about it.

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Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello and Welcome to the rain where we all help each other and help each other.

Jun 29, 2017 08:01 PM #1
Rainmaker
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Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Welcome to ActiveRain! Buyers and sellers in your area should call you now!

Jun 30, 2017 03:12 AM #2
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Welcome to active rain. Good luck in achieving your goals on active rain 

Jul 02, 2017 07:57 AM #3
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Welcome to ActiveRain, Shane Roxburgh.

This is The Best place to learn, share and build relationships with like-minded professionals.

Jul 02, 2017 11:36 PM #4
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

This is a great first blog post I have seen!

This surely will help you - and I think even SEO will like it.

Good luck - keep blogging here.

Jul 02, 2017 11:37 PM #5
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
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Nice to have a Sellers market, especially if you are a seller.  Our market is not there quite yet, but it is getting close.

 

Jul 06, 2017 12:28 AM #6
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Welcome to Active Rain, looking forward to reading many more of your posts, let me know if there is anything that I can do to help as you get started here.
All the best of success to you.
Bob

Jul 06, 2017 12:28 AM #7
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
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Shane welcome to ActiveRain and congratulations on posting your first blog on this site.

Jul 14, 2017 08:26 PM #8
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Shane Roxburgh

Real Estate Dev., Building, Sales & Marketing
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