It's a Seller's Market in Utah! You heard right, and no I'm not crazy, it is in fact a Seller's Market right now in the State of Utah! Housing inventory is at the lowest its been in over 16 years. We are holding on to an inventory of around 3-4 months. What this means is, if no more houses were listed starting today, it would only take 3-4 months to sell every home in the state at the current pace of home sales. The sweet spot for inventory is around 6 months worth, anything more than that would turn the tides toward a buyer's market, less then six months and it becomes more of a seller's market. Along with a declining inventory, the demand for housing is at an all time high! Interest rates are still at record lows, lenders are coming out with loan programs that are allowing more buyers to get into homes, and prices are still much lower then they were prior to the real estate boom of several years ago. All of these factors ad up for making right now the best time to sell your home in years!
My team of experts and I specialize in selling homes for top dollar in minimum time. Our marketing approach and customer service are second to none. If you or anyone you know has been waiting for the right time to sell your home, now is that time. Give me a call or request a free market analysis to determine the current market value for you home today. Lets work together to make your goals a reality!
Kenny Maddy
Elite Realty Group
801-599-3744
MaddySold@gmail.com
Request a FREE Market Analysis to determine what your home will sell for in today's market!
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