Real Estate News and Advice
July 18, 2008
Exclusive Leads In Your Market


Search Realty Times
 





Study Online, but Never Alone



Expert Tools. First-hand knowledge.



Local Market Conditions





NEED HELP?

Click for Live Support


Call: 214-353-6980





Salt Lake City Offers Olympian Homebuying Season

What brings settlers to Salt Lake City, Utah?

Get Your Free Summer SALES Kit  NOW!

"Stunning mountain and panoramic valley views from most locations," says Realtor Kandy Klayton.

"This area of the valley is seeing a slight improvement over the last six months and homes in the $350,000+ price range are once again starting to move," says Klayton. "While more homes are going up for sale with the signs of spring, overall it appears that inventory is remaining neutral if not slightly lower due to homes selling again. The next 30 days should really be a good indicator of what to expect over the summer months."

Home sales are in a valley, hovering between a buyer's market and a seller's market, depending upon the area.

"The average three bedroom home sells for just over $64,238, and four bedroom - $223,747," say Realtors Al and Patricia Fenimore. "The average days on the market indicates 80 days with 394 homes sold in the last 90 days and 1,349 new listings. This indicates just over 50 % of the homes will be sold in just over 60 days."

Spring is bringing out the budding buyers.

Says Realtor Steve Fairbanks, "The coming of spring has brought about a marked increase of activity. There remains lots of inventory, especially over $225,000. Homes below $150,000 generally sell a little quicker, especially those in good condition."

"Many new homes are available," adds Fairbanks. "but the best buys can be made on existing homes. If you want new, make sure you get an agent to represent you before you look. Onsite agents represent the builder and not you. Remember also, no matter what incentives they offer, there is no free lunch. Now is a good time to purchase, and, if you are realistic about price and condition, as good a time to sell as we will have for a few months."

"With the Olympics now a fond memory, our market has picked up considerably!" exclaims Realtor Sarah Wolach. "It is still a buyer's market, as there are lots of properties for sale, but the number of Buyers is growing dramatically. Properties which show well and are priced well are selling, sometimes with multiple offers!"

Published: April 24, 2002

Use of this article without permission is a violation of federal copyright laws.




Blanche Evans is the award-winning senior editor of Realty Times, the Internet's leading independent real estate news service. She is featured daily on the Realty Times Video Network in the "Realty Viewpoint" segment.

Blanche has been named one of the "25 Most Influential People In Real Estate" by REALTOR Magazine, and has been twice recognized as a "notable." In 2005, she was named "Top Reporter Covering the NAR" by Delahaye-Bacon's.

Blanche is a renowned author of five real estate books. Her newest, Bubbles, Booms and Busts: Make Money In Any Real Estate Market, McGraw-Hill, was rave-reviewed by The New York Times. She was also selected from hundreds of real estate experts to contribute to Donald Trump's book, Trump: The Best Real Estate Advice I Ever Received: 100 Top Experts Share Their Strategies, Rutledge Hill Press, and is featured on page 68.


Order Now
Review - Honors

In 2006, Blanche was selected among scores of candidates to author two consumer real estate guidebooks for the National Association of Realtors: The NAR Guide to Home Buying, and The NAR Guide to Home Selling, Wiley & Sons. She is currently planning two new books for the NAR and its members.

     

Known for her keen insight into real estate industry issues and for her ability to make complex subjects easy to understand, Blanche is a sought-after keynote and continuing education speaker. Real estate organizations from MLSs, to brokerages, to franchisors, to associations hire her to provide up-to-the-minute analysis of real estate industry news and advice on how to improve revenues. Her passionate delivery, peppered with stinging wit, is a huge hit with audiences and fans.


Don Klein, CEO Greater Nashville Association of Realtors, Blanche Evans, Richard Courtney, president 2007, GRAR

"The GNAR membership meeting last week featured Blanche Evans as the keynote speaker. Her comments and insights resonated extremely well with those in attendance and we have had many requests for copies of her PowerPoint Presentation. She was a terrific part of the membership meeting and convention program!" - Don Klein, CEO Greater Nashville Association of Realtors

Coverage from WSMV, Nashville - 8-14-2007

That Interview Guy - Get Inside The Head Of Today's Generation
2007 AE Institute Session - To purchase
2006 AE Institute Session - Parts 1 2 3 4 5 6 7 8 9
HouseValues Mastermind call - Parts 1 2

Blanche's fireside chat with Jeremy Conaway, HAR - Click here.

To contact Blanche, email her at .

For more articles by Blanche, click here.



Real Estate News Network

You must enable Javascript to view the Video content and Navigation on this site.





Mortgage Rates
30 Year Fixed: 6.26%
15 Year Fixed: 5.78%
1 Year Adj: 5.10%
(U.S. Weekly Averages)

Today's Headlines

Today's Insider REALTOR Secret



Learn the Art of the Short Sale



Agent Publicity | Market Conditions Interview | Local Market Conditions | Video Newsletter | Article Index | Terms & Conditions | Privacy | Contact Us

Copyright © 2002 Realty Times®. All Rights Reserved.