As of February 12, Salt Lake's market is strong and healthy. Buyers are active and homes are selling. Lower interest rates have spurred an increase in activity. Recent changes in mortgage limits will increase activity even more.
Sellers tip----price is crucial. You must price your home correctly right up front. Buyers are watching the days on market. The longer the home is on the market, the lower their offer will be.
Buyers tip---inspections are a must. Hire an independent inspector to tell you the good, the bad and the ugly about the home. This is money well spent.
Information websites to check out. http://www.smartutahseller.com/ and http://www.smartutahbuyer.com/
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Latest information on the real estate market in Salt Lake City, Utah. If you are looking to buy a home, sell a home, refinance a home, or simply have real estate questions, this is the place.
