Welcome to the UtahHomesToGo.com Blog

2014-04-17 08:19:16
Less Homeowners Underwater Hurts Buyers Market


Cnn reports that surging home prices across the U.S. has brought nearly 2 million homeowners out of being underwater on their homes. With this being great new for homeowners and those looking to sell, it isn't the best news for those looking to buy.

Buyers are finding it harder and harder to find a home that fits there budget let alone trying to find a home that's a great deal! If you are one of those people in the struggle to find a home that isn't snatched up right away you'd better not wait much longer, because the future looks to be a lot more competitive.

Here in Utah I have noticed that with so many developers leaving the scene after the crash we are having a loss of developments currently, which is relating in a very competitive market for people trying to build and find a lot. When people find out that it is too expensive to build right now due to low inventory of lots they are flocking to the existing housing market and driving those prices up.

Developers are slow to get back in the game after taking the beating they took during the recession. Some I think even called it quits and threw in the towel. With that being said for Utah, the future is looking like less lots, more buyers, and higher prices.

Best thing you can do right now is get a good agent and have them put you on an auto hot sheet that sends you new listings at 9 a.m., 3 p.m., & 8 p.m. and make yourself available to see a home the second it comes out. When you find a home you like go in strong and fast. Do your best to avoid multiple offers by making the offer quickly and as close to list price if not at list price.

Don't get discouraged. Just stay determined.


Find Your Utah Home Fast

Blog Archive
2014-08-11 18:44:39
New Credit Report System Is Coming

2014-07-23 09:36:16
CitiBank To Pay 2.5 Billion To Mortgage Customers

2014-07-10 14:20:01
2014-2015 Utah Housing Boom On Its Way?

2014-05-09 15:09:05
Retirements Biggest Threat

2014-04-17 08:19:16
Less Homeowners Underwater Hurts Buyers Market

2014-04-09 11:00:58
Foreclosure inventory has dropped 35%

2013-12-09 17:05:29
Feds To Stop Bond Buying Program?

2013-11-28 09:41:42

2013-11-24 09:35:54
Utah FHA Loan | .5% Down Utah Mortgage Loan

2013-11-14 15:18:45
Home Prices Stalling | Utah Homes

2013-10-04 09:31:43

2013-10-02 14:45:55
Govt. shut down vs. home loans

2013-10-02 11:56:33
5 projects that hurt the resale of your home

2013-08-26 10:04:31
*Scam Alert* Beware New Credit Card Scam

2013-08-08 10:17:34
Utah Housing New Loan Program - No MI

2013-08-06 18:26:21
Investors Leaving Housing Markets

2013-07-14 11:46:05
Your spending could kill the deal..

2013-06-27 20:16:08
Why Interest Rates Have Gone Up So Fast

2013-06-21 10:56:21
Utah Housing Interest Rates - UtahHomesToGo.com

2013-06-19 11:13:48
Credit Cards Not To Close - By John Fritsche

2012-02-29 11:21:05
HUD Press Release | Utah Real Estate

2012-02-12 08:42:08
Utah Home Prices Increase In 2011 | Utah Real Esta

2012-01-01 23:36:22
Utah Real Estate - 2012 Utah Housing Market | Utah

2011-09-25 08:40:12
Utah Lake - Utah Real Estate | UtahHomesToGo.com

2011-09-02 18:05:29
Fun In The Sun At Lagoon!

Click here to see ALL articles.

Comment on this Article

Your Name:
Your Email:
Verify:  Please enter the numbers shown to help eliminate spam.