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I have been listing home inventory levels by zip for several months now. And now I have taken the data and averaged it for all of Salt Lake County and put it into a graph.
Home inventory levels […]

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If so, then here are four reasons why Salt Lake is the best market for foreign investors considering U.S. real estate:
1) Strong Economy. Even though much of the nation has slipped into a recession in the last few years, Salt Lake’s economy remains strong with 50,000 jobs added each year.
 
2) International […]

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Home inventory levels are figured out by taking the number of homes on the market in a given zip code and dividing it by the number of homes sold in that zip code for the last 30 days. The answer will give you the absorption rate. Or the number of months it would […]

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The WFRMLS just released the 1st Quarter 2008 market numbers. For a year over year comparison:
 
Single Family
1) Total units sold 1820. […]

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It seems about every week we hear about a new green development planned for Salt Lake. Salt Lake even has an executive order from our former mayor that says “all buildings receiving city funds, over 10,000 sq. ft of occupied space, be at least LEED Certified.” It begs the question: Are we going […]

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According to Realfacts, a company that tracks numbers from apartment buildings across the nation with at least 100 units, Salt Lake rental rates increases 9.9% to $803 a month. That puts us at the top for the nation.
 
This might be evidence that people are moving to rentals for two reasons: 1) They can no […]

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Free Home Buyer Seminar
 
You Will Learn…

How much cash do I need in hand to buy a home in Salt Lake City?

What are the best loan programs available in Salt Lake City given the current loan market?

What other costs are associated with buying a home […]

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Recently I have had a few buyers that I am working with asking to see foreclosures and short sale homes. They are looking online and attracted to these home because of the low list price. In this case, the list price should not be considered the price the house will sell for.
 
A short […]

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All data taken from the WFRMLS. Information not guaranteed. All rights reserved Mark Alder ©, a Salt Lake City Real Estate Agent cell (801) 979 6275
 

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