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2012-02-12 08:42:08
Utah Home Prices Increase In 2011 | Utah Real Esta
I have been seeing a lot of multiple offers come in on homes in the Utah Real Estate market for 2012. Homes that aren't short sales or foreclosures. People! If you plan on buying a home in the next 6 months...do so sooner than later.
We are in for some really good appreciation in home prices! You may be able to afford a home now, but in six months you may not be able to buy that home that you could have today for the same price.

I can't stress enough to my clients that now is the time to buy. Rates are in the low to mid 3's and we have hit bottom and are on our way back up. If you were waiting for the market to hit bottom then you waited about a year to late.

Right now Utah's home inventory is teetering on what is considered as a sellers market. That means we are going to see an increase in prices, a decrease in homes available, and an increase of multiple offer situations.

Here is a great article that will help solidify my above statements: Utah Saw Home Sales Increase In 2011 |KSL.COM NEWS

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Thank you,
Justin Robins, Realtor
Market Edge Real Estate
801-499-0214
 
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