Wasatch Front Area Buyers Market

There have been many reports and statistics indicating it is more of a buyers’ market now.  There are more homes on the market than in the past recent years. Many sellers have also had to come down on their prices. Homes do not sell as fast as they did a few years ago. Knowing the market in the neighborhoods you like is important because the homes that are priced right do sell and close within 30-45 days here in our area.

With More Homes on the Market

Buyers can see more homes and feel better about their housing choice, not as much pressure to just get something. This time of year, many people stop looking and get busy with holiday things. It could be an excellent time to look with less buyers out their competing for first time homes.  You do need to realize that there are people that have been holding off buying hoping for rates and prices to drop. With the cost of living now it is hard to save enough money for the down and qualify for the payments. If you are renting you should consider buying your own home. Do the math you have been paying off your landlord’s mortgage.

Down Payment Assistance Available

It could be the time to make the plunge into home ownership.  The below flyer is down payment assistance. You do not have to pay it back if you qualify.

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About Teresa Larson

SaltLakePro owner Teresa Larson has over 40 years real estate experience in the greater Salt Lake City, Utah area. Licensed as an Associate Real Estate Broker in Utah since 2006. Attended ERA Real Estate Top Gun Academy, Certified Real Estate Specialist. Certified New Home Specialist. Numerous years of various real estate continuing education classes. Associates Degree in Business from Salt Lake Community College 2014, Certificate of Proficiency in Web and Graphic Design from Salt Lake Community College 2013. Served the community for 16 years. (1984-2000) as PTA President at Arcadia Elementary, PTA President at Bonneville Junior High, PTA board member for 8 years at Oquirrh Hills, Arcadia Elementary and Bonneville Junior High. Graduated from Clearfield High School. Currently working at Village Real Estate.