Explore Salt Lake City, UT

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 3
Salt Lake Market in a Nutshell (February 15, 2008):Number of Homes Listed: UPNumber of Homes Sold: DOWNList Prices: DOWNSOLD Prices: UPTo Buy or Not to Buy: BUYIt's a Buyer's Market. What are you waiting for?If you are thinking about buying a home in the Salt Lake area, make sure you get an agent...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 0
In an American City Business Journal report today on MSNBC (February 13th, 2008) Salt Lake was mentioned as being the second least stressful metropolitain area in the country.It said:"Salt Lake City is the runner-up in the low-stress derby. It enjoys America's smallest unemployment rate, 2.6 perc...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 2
Salt Lake City is one of a handful of cities that has recently been added as a Google StreetView City!You are either really excited about this or really freaked out about it, but the bottom line is that this is good news for homebuyers. Listing agents tend to take pictures from angles that conven...

By Salt Lake City Real Estate
(Jen and Hannah)
Comments 0
Airport Area - SLC International Airport, International Center, Utah State Fairgrounds Downtown - Utah State Capitol, Salt Palace Convention Center, Temple Square, Delta Center, Downtown Malls, The Gateway, Gallivan CenterWest Valley - West Valley City, Kearns, E Center, Utah Olympic Oval, Valley...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 3
Inman News 12 month Price Appreciation Chart - Nov 2006 - Nov 2007Comments to follow:Statistical area 12-month change Nov. 2007Honolulu, Hawaii17.10%Salt Lake City, Utah10.53%San Antonio, Texas 7.48%Austin-Round Rock, Texas7.47%Raleigh-Cary, N.C.4.62%Houston-Sugar Land-Baytown, Texas4.16%Dallas-F...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 2
In today's Salt Lake Tribune, "Jillinda Bowers, president of Salt Lake Board of Realtors, said that when homes don't sell, 'our next step is to reduce the price. We have a positive and good market, but with the decline in sales right now, there is a need for more stabilization in the pricing.'"So...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 2
I ran this report for 4th Quarter 2007 and thought that some of you would be interested in looking at the entire year's statistics.Salt Lake County Sales Activity Trend ReportReport Date: Tuesday, January 22, 2008Time Period: January 1, 2007 through December 31, 2007Area(s): Salt Lake CountySingl...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 1
This graph shows how long homes took to sell in the 4th quarter of 2007. This is only for SOLD homes. As you can see, for homes that DID sell, the average time on the market was 44 days. The percentage of homes selling in 30 days or less was 43.7%.The percentage of homes selling in 60 days or les...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 0
Here are some numbers from 4th Quarter 2007. I'll only use the final number in other calculations but I thought some people might be interested in seeing it broken down by Price Range as seen in the table below. (This data is for SOLD homes.)Salt Lake County Sales Activity Trend ReportReport Date...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 1
Mayor Peter Corroon's State of the County Address gives a glimpse into what makes living in the Salt Lake Area so great.It gives a brief analysis of each of the following priorities:GovernmentEconomic DevelopmentNatural EnvironmentQuality of LifePublic SafetyEducationMy favorite part of the speec...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 0
As home inventory grows, typically rental rates don't rise as much. This is because people can just as easily buy than rent.A recent article at Forbes.com suggests that even though Salt Lake's inventory of available homes for sale is growing, rental rates are still rising because job growth is th...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 0
Utah a fertile ground for branching outIn 2007 Salt Lake saw big names such as IKEA, Cheesecake Factory, Urban Outfitters and American Apparel come to town. According to the Salt Lake Tribune, "The list of retailers with a presence in Utah is set to grow even larger this year." [2008]It later goe...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 0
"Utah's economy is the strongest in the nation," Governor Huntsman said. "In 2007, we've experienced several record highs. Our state population is growing at record levels. Utah had the nation's highest job growth rate. We have one of the nation's lowest unemployment rates. We are well positioned...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 6
OK. Don't get me wrong. The real estate market in Salt Lake is doing better than most places in the country. I just want to point out to the person who isn't involved in real estate on a daily basis (i.e. the consumer) that the actual truth about the market is often slightly different than what y...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 2
Yes, this is old news but it shows the historical data and trends for the Salt Lake County Market. The next official reports (which we are all waiting for) will be posted on January 20th, 2008. While we wait I will also look at the monthly data for October and November and the data I can extract ...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 2
I keep an eye on blogs that mention Salt Lake City whether they are related to real estate or not.I read this post today written by someone who visited here over the holidays and wanted to share it.I've decided that when I run across posts like this in the future, I'll come back to this post and ...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 0
An ActiveRain Friend asked the following: "I was reading an article that said the Midwest is starting to get a little better,but that the States out by you are going to feel the brunt coming on a little more now. How is the market by you? I was thinking of moving in the future, and I like that ar...

By Salt Lake City Real Estate
(Jen and Hannah)
Comments 0
Sugar House is one of the most popular neighborhoods in Salt Lake. Sugar House extends from about 1300 South to 2700 South and 700 East to 2000 East. The homes in Sugar House are mainly rennovated 1950s bungalows. The area has many quaint shops, eateries and tree-lined streets leading down to Sug...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 4
If you are considering a home purchase in the Salt Lake City, Utah area, you may be getting mixed signals as to whether you should buy a home now, or wait another year. A recent article Forbes Magazine stated, "In Salt Lake City, the median home sale price for the third quarter this year rose 14%...

By Benjamin Clark, Buyer's Agent - Certified Negotiation Expert
(Homebuyer Representation, Inc.)
Comments 3
The market in Salt Lake is certainly slowing down, but for all our sakes, that is a good thing. Last year's appreciation rates of 20-25% were great for all homeowners and created a bit of a buying-frenzy that had many buyers involved in multiple-offer transactions and many Builders and Sellers se...

Salt Lake City, UT Real Estate Professionals