Salt Lake City Market Edge-April 2012

http://www.youtube.com/watch?v=b_-DWh9z5nI&feature=g-all-u&context=G2ed2cffFAAAAAAAAAAA

July National Foreclosure Numbers

Here is a link from the Salt Lake Tribune on the latest numbers. Thanks! http://www.sltrib.com/sltrib/money/52192841-79/foreclosure-homes-half-percent.html.csp?utm_source=twitterfeed

2011 Utah Real Estate Forecast

This video was released in January 2011. Now that we are in June, what are you thoughts about our real estate market?

Utah Real Estate Update 9/13

In these uncertain economic times, it’s always nice to hear some positive news. Here are some quick, positive facts about the market here in Utah. Area housing affordability remains high: Nearly three-quarters of all homes sold in the Salt Lake metro area in the second quarter were affordable to families making the median income, according [...]

Utah Real Estate Update 8/24

Nearly one of every four homes listed for sale in Salt Lake County is a short sale, a transaction in which the sales price is less than what is owed on the mortgage. A story by Inman News this week warns homeowners from keeping a checking or savings account at the same bank that holds [...]

Relief Effort Fails Many at Risk of Foreclosure

By ALAN ZIBEL, AP Real Estate Writer Alan Zibel, Ap Real Estate Writer WASHINGTON – The Obama administration’s effort to help those at risk of losing their homes is failing to aid many and could spur a rise in foreclosures that would further depress the housing industry. More foreclosures would force down home prices and [...]

Dangers of Loan Modifications

  More Utahns behind on their house payments are turning to loan modification companies that in many cases are taking people’s money and running. According to the Salt Lake Tribune, many companies are trying to profit off from distressed homeowners, often requiring homeowners to pay thousands of dollars upfront and then promising to save their [...]

Sales of Single-Family Homes Climbed 15.3 Percent in First Quarter

Sales of single-family homes climbed 15.3 percent in this years first quarter. There were 1,716 homes sold in Salt Lake County from Jan. 1 through March 31 compared to 1,489 home sales in the same three-month period a year earlier.(Click for Video) Home buyers have found renewed confidence and affordability in the market. The federal [...]

Interest Rates Have Nowhere to Go but Up

Even as prospects for the American economy brighten, consumers are about to face a new financial burden: a sustained period of rising interest rates. That, economists say, is the inevitable outcome of the nation’s ballooning debt and the renewed prospect of inflation as the economy recovers from the depths of the recent recession. The shift [...]

Home Prices Continue Skid, But Sales Soar

Home sales are up, but prices are still going down. That’s the focus of the Salt Lake Board of Realtors’ newest report out Wednesday covering the housing market along the Wasatch Front. In Salt Lake County, about 2,400 single-family homes were sold in the fourth quarter, up more than 36 percent from the same quarter [...]