Inman News 12 month Price Appreciation Chart - Nov 2006 - Nov 2007Comments to follow:Statistical area 12-month change Nov. 2007Honolulu, Hawaii17.10%Salt Lake City, Utah10.53%San Antonio, Texas 7.48%Austin-Round Rock, Texas7.47%Raleigh-Cary, N.C.4.62%Houston-Sugar Land-Baytown, Texas4.16%Dallas-F
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01/28/2008
In case you missed our Christmas Card this year, here it is:Dear Family and Friends, We have had a pretty busy year this year. Through about August, the Real Estate market was still in its prime and Ben was as busy as ever helping people with their home purchases. Somehow we managed to fit in som
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01/24/2008
Broker Bryant's post about agency struck a chord with me when it was pointed out to me by a fellow ActiveRainer (Thanks Fran!) (Here's the Link)My reply deserves its own post, so here it is:I agree 100% that there is absolutely NO advantage to either Seller OR Buyer in Dual Agency. It should be a
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01/24/2008
In today's Salt Lake Tribune, "Jillinda Bowers, president of Salt Lake Board of Realtors, said that when homes don't sell, 'our next step is to reduce the price. We have a positive and good market, but with the decline in sales right now, there is a need for more stabilization in the pricing.'"So
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01/24/2008
I ran this report for 4th Quarter 2007 and thought that some of you would be interested in looking at the entire year's statistics.Salt Lake County Sales Activity Trend ReportReport Date: Tuesday, January 22, 2008Time Period: January 1, 2007 through December 31, 2007Area(s): Salt Lake CountySingl
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01/22/2008
Looking at the Fourth Quarter of 2007 for the Salt Lake County Market reveals some interesting facts.Keep in mind that this information is not necessarily comprehensive as it only takes into account data from the Wasatch Front Multiple Listing Service, but most homes in Salt Lake County sell by M
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01/22/2008
This graph shows how long homes took to sell in the 4th quarter of 2007. This is only for SOLD homes. As you can see, for homes that DID sell, the average time on the market was 44 days. The percentage of homes selling in 30 days or less was 43.7%.The percentage of homes selling in 60 days or les
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01/22/2008
Here are some numbers from 4th Quarter 2007. I'll only use the final number in other calculations but I thought some people might be interested in seeing it broken down by Price Range as seen in the table below. (This data is for SOLD homes.)Salt Lake County Sales Activity Trend ReportReport Date
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01/22/2008
Mayor Peter Corroon's State of the County Address gives a glimpse into what makes living in the Salt Lake Area so great.It gives a brief analysis of each of the following priorities:GovernmentEconomic DevelopmentNatural EnvironmentQuality of LifePublic SafetyEducationMy favorite part of the speec
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01/12/2008
As home inventory grows, typically rental rates don't rise as much. This is because people can just as easily buy than rent.A recent article at Forbes.com suggests that even though Salt Lake's inventory of available homes for sale is growing, rental rates are still rising because job growth is th
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01/12/2008
