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Endorsements From Utah Home Buyers & Sellers
"He kept me informed each step of the way with emails and telephone calls and helped in all the aspects of this transaction to make it as smooth as possible. From writing the offer, gaining price agreement with the seller, getting necessary repairs on the property to closing the transaction, everything progressed nearly seamlessly."
"He was always responsive and sympathetic, left no detail uncovered, and had high standards of excellence. I was impressed when receiving this kind of special service. Barry planned and implemented a professional marketing strategy, keeping me informed each step of the way. He helped to smooth all the rough edges of the transaction between when the buyer agreed with the price and conditions to closing and settlement. Barry even negotiated some challenging last minute terms with the buyer just before closing that really helped me with this sale."
"His market knowledge was of great help to us with detailed pricing information and other specifics all in writing. Barry is an excellent consultant. We found that we could trust his opinion and judgment about the local market. We relied upon his expertise."
"Barry is a strong negotiator when it came time to bargain with the seller for a favorable purchase price. Later when it became evident that some repairs needed to be completed, he did the leg work and negotiating that got things fixed by the seller that we needed."
Utah Real Estate News & Trends
Utah real estate news, trends, updates, and articles about local home markets. Real estate trends for Salt Lake City, Provo, Park City, to Ogden. Click on the topics that interest you.
Utah Real Estate 2011 Trends Jan - June
The home market in Utah is experiencing an overall 9% decline in the number of sales from last year. Off-setting this declining figure is the fact that last year’s government incentive of $8,000 drove an additional 1,220 home sales in Utah. Prices also declined by 9% overall making homes even more affordable for new buyers. Rising rental rates and cash purchases by investors are expected to fuel additional purchases this year. Currently, over one forth of all home sales across the US are cash purchases. Heavy investor purchases may be signaling an up-swing in the home market. Below is a list of positive and negative trends for the Utah home market:
Positive Real Estate Trends
Negative Real Estate Trends
Below are two charts comparing Utah real estate sales for the past 6 months.
All Utah Residential Properties
Utah Condominium Properties
Source: Wasatch Front Regional MLS and realestatehomesUtah.com.
Utah Real Estate Home Purchase Trends
The Utah home market Utah home market continues to show improvement. Below are some recent home trends trends.
Home Purchase Trends
Home Buying Trends
Utah Home Foreclosures
Utah Rankings for Best Places For Business and Careers
Utah Real Estate Prices - Utah Homes Sales Forecast
The Utah home market experienced an overall 4% decline in property prices the past year. However, some home markets in the Salt Lake area posted an increase, including West Jordan up 6 percent, Draper up 7 percent, Murray up 7 percent, Sandy up 12 percent, and Salt Lake City up a whopping 18 percent. Nearly all economists forecast an upward trend, but at a modest incline. Below is a list of positive and negative trends for the Utah home market:
Below is a detailed chart of Utah real estate sales figures for the past 6 years.
Source: Wasatch Front Regional MLS and realestatehomesUtah.com.
Utah Homes For Sale
Utah Homes Sales are Up, Prices are Down
July, 2010Utah single family home prices are down 3% (an average of $7,493) compared with the same period during 2009. Home prices nationally increased by 3.5% in April and 2.9% in May as reported by CoreLogic in their July 13 report. This may signal a price increase soon for Utah as well. Lower home prices, low interest rates and the government tax incentives combined to sell an additional 1,133 homes than during the same period a year ago.
Some highlights of the first six months of 2010 are displayed below.
Resource: WFRMLS and realestatehomesUtah.com.
More details for Utah Real Estate sales for first half of 2010.
Top 10 Low Cost Utah Home Remodeling Projects
May 31, 2010REALTOR Magazine cites the following remodeling projects for homes as the top ten for big impact at a low cost:
Resource: G.M. Filisko, Remodeling Magazine, Annual Cost vs. Value Report, January, 2010.
New Kitchen Trends for Utah Homes
April 10, 2010
What’s happening in Utah kitchens? A recent survey of home designers conducted by the National Kitchen & Bath Association (NKBA) found that some existing kitchen trends will continue and some new ones are developing. Utah can expect to share these design trends for 2010 and beyond. Outlined below are some of the key trends noted by the NKBA.
Combination Cook Tops and Wall Ovens are gaining in popularity. Induction cooking is also gaining in popularity. Gas ranges still command the highest demand over electric cooking surfaces when gas is an available utility.
Dishwashers Drawers are expected to continue their upward climb against the traditional door that opens downward. The convenience of the smaller drawer dishwashers and their greater energy efficiency will see these units continue to climb in demand for years to come.
Top Home Features Buyers Want
February 27, 2010
Utah Real Estate Market Trends for 2009
January 9, 2010
Utah home sales in 2009 show a welcomed increase over 2008. Single family sales were up while condo sales were down. This annual Utah trend report examined homes sales figures for the state with particular focus on the seven counties around Salt Lake - Salt Lake County, Utah County, Davis County, Summit County, Wasatch County, Tooele County and Weber County.
Utah Ranks Number 2 for Growth in the U.S.
December 23, 2009
Utah is the second fastest growing state in the United States during 2009. Wyoming leads the country with a population growth of 2.12% with Utah at a close second at 2.1%. The strong economy attracts more immigrants than most of the U.S. Utah also has the lowest death rate and the highest birth rate in the nation.
The U.S. Census Bureau estimates that Utah had 2.78 million people living in the state at mid-2009. Utah is expected to have a much more stable economy as the nation recovers from the largest economic downturn in decades. An expected additional seat in the U.S. Congress is another benefit to Utah's significant growth. With all the pluses of growth also come some challenges. Utah's public schools, roads and housing are likely to fall a bit behind as Utah continues to grow. Utah housing developers and home builders should find this news very welcoming, expecting newly constructed home to be in high demand as the nation's recovery builds steam. Utah's strong work force will continue to attract corporate investment and expansion into Utah.
Resource: Lee Davidson, Deseret News, December 23, 2009
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More Utah Real Estate Market Trend Reports
South Jordan Real Estate Trends - February, 2007
Property That Sells In Salt Lake County - March, 2007
National & Utah Real Estate Trends - April, 2007
Salt Lake and Utah County Housing Market - May, 2007
Utah Real Estate Trends for 2007 - June, 2007
Top Utah Home Builders - June, 2007
Utah Real Estate Market Sales - July, 2007
South Jordan Utah Home Market Trends - August, 2007
Ten Year Real Estate Trends for Salt Lake County - September, 2007
Salt Lake County Real Estate Trends - October, 2007
Home Sales Trends in Utah - November, 2007
Utah Home Market Trends Favor Buyers - December, 2007
Utah Home Market Statistics for 2007 - January, 2008
Home Buying Advantage - Winter or Summer? - February, 2008
Salt Lake City Ranked #1 for Home Buying Bargains - March, 2008
Is Now A Good Time to Sell A Home? - April, 2008
Utah High Schools In the Top 5% of the Nation - May, 2008
Salt Lake City, Utah Ranked #3 For Home Sellers - May, 2008
Utah Real Estate Market Pulse - June, 2008
Utah Home Prices Increasing - June, 2008
Utah Housing Market - July 11, 2008
Federal Home Purchase Incentives - August, 2008
Utah's Strong Economy and the Housing Market - September, 2008
Utah Ranked #1 - October, 2008
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