Spring must be on the way because we saw a healthy jump in active homes this week. We are above 200 active homes under 700k in Salt Lake County. Normally that’s not great news but TAKE THE WIN BRUH. The Fed announced ...

Over 300 homes on the market! CELEBRATE GOOD TIMES, COME ON! Days on market are still how low can you go at 2’s across the boards.For many home owners, interest rates are hitting upper 5’s and lower 6’s. When I boug...

Our inventory is still over 300 homes under 700k in Salt Lake County. If we wanted to play with statistics, we can say, there’s been a 50% increase in houses over the last month (from 200 to 300) but the reality is t...

We have seen a small increase in inventory over the last week. The days on market for homes that have sold in the last 7 days are historic. Inventory is still as skinny as a hipster wearing jeggings, remember those?

Inventory remains above 300 which is progress. Days on market are still brief. I list a home about every other week, and I have noticed a reduction in the number of offers received. In March, I was getting 20-30 of...

We are now over 900 active homes in Salt Lake county under 700k. Pendings and solds are both down. Interestingly, the days on market decreased also. Many people are taking vacations in July and August, so not total...

We are now over 900 active homes in Salt Lake county under 700k. Pendings and solds are both down. Interestingly, the days on market decreased also. Many people are taking vacations in July and August, so not total...

We continue to see the number of active homes rising. Largest increases were in the 400-500k and 600-700k ranges.
Days on market saw some big increases.
We haven't talked about absorption rate in a while because ...

We've seen a leveling off this week. Active homes dropped slightly, days on market are all double digit. Fewer price reductions and more expired listings.Hard to say if we have reached "the new normal" yet.Median sa...

'Member when I was sounding like a broken record about low interest rates and low inventory? Yea, it's kind of like that but in opposite world.  The Fed just announced another .75% increase in the prime rate (that is...