National Housing Market Category

Inventory Down, Interest Rates and Prices Up: U.S. Housing Market Heats Up

by Joel Carson President/Principal Broker Utah Real Estate SLBR 2012 ‘Salesperson of the Year’ The national housing market is getting stronger as potential buyers keep their eyes on interest rates destined to climb higher. If you’re shopping for a Salt Lake City home for sale, don’t wait until the market rebounds completely or you’ll end […]

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Thumbs Up: Utah 2013 Q2 Stats are In, Looking Good

by Joel Carson President/Principal Broker Utah Real Estate SLBR 2012 ‘Salesperson of the Year’ Utah home sales continued to increase during the 2013 second quarter. Residential property sales were up 14.47 percent overall and the median selling price jumped 14.72 percent. The Wasatch Front Regional Multiple Listing Service (WFR-MLS) reported 9,904 homes sold in the […]

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Utah Home Buyer Game Changer

New mortgage rules could affect your Salt Lake home purchase. by Joel Carson President/Principal Broker Utah Real Estate P.C. New rules outlined by the Consumer Financial Protection Bureau (CFPB) today are designed to protect mortgage borrowers by reducing risky loans. The rules are also designed to make it easier for borrowers to understand loan terms […]

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2012 Utah Home Sales Up

Utah Home Market Stronger. Consumer Confidence? Not So Much. by Joel Carson President/Principal Broker Utah Real Estate P.C. 2012 Utah home sales increased 13 percent over 2011, according to Wasatch Front Multiple Listing Service (WFMLS) data. Year-end stats show a total of 31,526 home sales closed last year compared to 27,912 in 2011. The sales total […]

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Thinking of Buying a Utah Home for Sale?

Keep Track of America’s Unemployment Rate by Joel Carson President/Principal Broker Utah Real Estate P.C. Throughout the United States’ economic crisis and housing market crash, we’ve watched mortgage rates drop to new lows consistently. An announcement by the Federal Open Market Committee (FOMC) this week could change all that sooner than later. In its last […]

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November Utah Home Sales Looked Great!

by Joel Carson President/Principal Broker Utah Real Estate P.C. I’m looking at November Utah home sales trends and I like what I see. This year November netted the second highest number of sales over a six-year period. Median sales prices are up from last year as is the median cost per square foot. Better yet, homes are […]

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Are Lending Standards Too Tight?

Will you be able to get a loan for your new Utah home? by Joel Carson Yeah, okay – it’s prudent to give home loans only to those who can (and will) repay them. It’s also reasonable to look at our recent financial crisis and agree mortgage standards became too lax for our nation’s economic health. […]

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Homes Selling Faster throughout Nation

Utah Home Inventory Follows National Trend by Joel Carson Homes on the national market are selling faster as the country’s inventory tightens. We’re still in a buyer’s market – and there are still some fantastic deals out there — but if you’re waffling about buying your new Utah home it’s time to make your move.By Joel Carson […]

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Experts Forecast US Housing Market

A May 17 Midyear Housing and Economic Outlook by National Association of Realtors (NAR) Chief Economist Lawrence Yun predicts increased home sales, home prices, and mortgage rates in 2013. On the fence about buying your new Park City home? Get off the fence and make your purchase now. Home prices will continue to increase through […]

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NAR Mid-Year Meeting Reviews State of Housing

By Joel Carson Investment home sales are helping sustain the housing market, according to the 2012 National Association of Realtors Housing and Economic Outlook released May 17 by NAR Chief Economist Lawrence Yun. The national housing market most certainly influences Utah home sales (and yes, Salt Lake home sales too). Timing is everything. Keep a […]

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