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Updated over 2 years ago,

User Stats

214
Posts
154
Votes
Alan Walker
  • Real Estate Agent
  • Salt Lake City, UT
154
Votes |
214
Posts

Month over Month - April 2021 vs. April 2022

Alan Walker
  • Real Estate Agent
  • Salt Lake City, UT
Posted

When I hear people talk about hesitating to buy because of interest rates, I have to scratch my head.

We had 20%+ appreciation in all four counties in 1 year. 1 year!

Yes, interest rates are at or above 5%. If you could buy something for 10,000 that would be 12,000 next year but you had to spend $50 bucks more per month this year to get it, wouldn’t you?

Many people are chasing a “deal” and completely forgetting about the long term.