Tuesday, October 2, 2012

The Real Recovery

The Real Recovery In The Salt Lake Housing Market

Home sales have gone up 21 percent and home prices are up 10 percent making the new median prices $205,000. In our business we are starting to see multiable on listings. Presently there are only 121 single family foreclosures active at this time. Foreclosured home are on a down ward trend and Utah Foreclosure rate is 2.2 percent. Utah's Foreclosure rate is at the lowest it has been since 2008.
Going forward increase housing demands have halted price declines and by the end of the year home price will likely increase by 5 percent. With records of affordability we will likely see a new wave of buyers entering the housing market.
 So if your READY to Buy or Sell give Rosa Pace a call @ 801 450-7165 or just drop us and email rosampace@gmail.com. read more...

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