| August 15, 2005 |
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Rich in resorts, Utah is a popular vacation destination, but local Realtors say it's also the place to buy real estate. Saratoga Springs
Watterson advises, "Some experts feel that Utah is undervalued by 25 percent, and we are looking at a jump in appreciation. With all the out-of-state investors looking into Utah, it can only improve our appreciation over current levels. This is an exciting time as we watch our most important investment become more valuable. This is a great time to be in the game and not on the side lines. The good news about the general market is prices are generally trending up. The market is turning rapidly to a seller's market. The east side of the valley already is a seller's market. As the surrounding markets cool off, our market generally heats up. As with any economy driven products there are cycles." "Homes have ups and downs with the average over time being up," he adds. "Real estate is an excellent personal investment and in fact there are many professional investors in the wholesale market. I think this is because they are unhappy with the stock market or other investments." Provo
The Canyons Resort (near Park City)
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