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Utah Notice of Defaults October 2008

Unfortunately,
Realty Trac reports that the Notice of Defaults for Utah returned to
their July high with 889 filings, 3 filings shy of July’s 892 filings.
Given the lending environment, trends in other states, and this
increase in NODs, it is looking like the Salt Lake market could be at
least 9-12 months from prices bottoming out.  As a seller, pricing
right in order to avoid chasing the market is key.  As a buyer, take
your time and get signed up for automatic emails so you can track the
market.  By filling out this form , you can get customized automatic
emails of the type of home you want.  Some of the most popular searches
are REOs and Short Sales .  This means the system will autmatically send
you all the REOs and Short Sales in your price and and in the
neighborhood you would like.   This easy way to track the market will
have you on top of the best deals when the come on the market.

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