There are many great opportunities available in the Utah Real Estate Market! One of the best out there right now is with Luxury homes and high end homes! Houses that would have sold for millions a few years ago are currently selling for fractions on the dollar. If you have been thinking about beginning your search for a Luxury home in Utah you couldn't pick a better time!
The state of the housing market in Utah is strong! Homes are selling in less time and for more money then they have in years. If you have spent any time searching for homes in Utah one thing you may notice is a rapidly declining inventory. A couple years ago there was over 15 months worth of inventory on the market. That means if nobody else put their house up for sale it would have taken 15 months to sell every house on the market at the current rate. Today, that inventory is down to 3-4 months. At the same time interest rates are extremely low and there are an abundance of qualified buyers shopping for a new home.
All of these details boil down to a few key points:
1- The housing market in Utah is recovering in a big way.
2- Home values are on the rise. In some areas homes went up by as much as 10%.
3- The market is as competitive as ever. Urgency is the key. When a good home comes on the market, you need to act.
4- The time to act is now. If you have spent time looking at homes on HomeFinderUtah.com, then you know how drastically different a $175,000 house is from a $200,000 house as far as location, size, quality, etc. At the current rate of escalating prices and interest rates, those homes that are $175,000 could be in the $200,000 range 6 months from now There is no time to waste.
As a real estate profession in Utah I know the market. I work every day with people like you who are looking for the perfect home for them and their family. If you or anyone you know is thinking about buying or selling a home, don't hesitate to give me a call. Also, using the resources that available to you for free at www.HomeFinderUtah.com, it has never been easier to search the entire Utah MLS and find your new home today!
Start your Utah home search right now, go to:
www.HomeFinderUtah.com
If you have any questions, or if there is anything I can do to help you with all things real estate in Utah, don't hesitate to give me a call on my cell phone:
801-599-3744
