I have received many calls asking about the real estate market for 2011. Even though I don't have a crystal ball, I am attending the Salt Lake Board Forecast Breakfast tomorrow. Each year they invite a leader in the real estate field to come and discuss what to expect in the coming year. Here is a preview of the speaker....Lawrence Yun, chief economist and senior vice president of research for the National Association of REALTORS, will be this year's keynote speaker.
Dr. Yun will speak on recent developments in the housing market (national and local) and the direction of home prices in the next 12 to 24 months. He will also address subprime loans and the foreclosure impact on the housing industry.
I will update my blog with the information that I receive from the meeting.
Here's hoping he has good news for us here in Utah. Even though we haven't been hit as hard as many areas of the country...it would be nice to have a more stable market.
Who do you know that might be buying or selling real estate?
I would love to help!!!
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.
1 comment:
The real estate market in Utah has been like any other market in the United States. It will have times when the sellers can get any asking price (seller’s market) and other times (like now) the buyers have the upper hand.
Salt Lake City Realtor
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