The Vernal Utah Market has gone up and up and is staying up. The following chart shows the numbers from the MLS for the months up to October of each year shown.
There are many first time home buyers and the lower priced homes are selling quickly. The increase in foreclosures is benefiting the buyers that are willing to do a little work and increase the value.
Hi Carol, Do you know anything about the market in Roosevelt or other parts of Duchesne County? I own 4 lots - 2 in Roosevelt and 2 in the Cove Acres area. Every now and then I get an offer by mail, but I'm not needing to sell them at this time and I don't have any idea whether the area has grown up since I purchased them about 10 years ago or so.
Here in the Sacramento area, our inventory is down quite a bit, so that is good news, and homes are still selling, but the prices are down from the inflated ones of a couple of years ago. Once we work our way through the worst of the foreclosure mess, we should be fine. Glad to see your area is doing well, and I like your attitude!
Carol, Good for you. It looks like you will be busy for awhile. I bet you are glad. Things are really picking up here in California too and I am happy as well.
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