Author Archives: Teresa Larson

About Teresa Larson

Over 20 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 New Home Specialist. Numerous years of various real estate continuing education. 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. Room mother for 12 years! Graduated from Clearfield High School. Currently working at Village Real Estate in Murray, Utah. servicing the greater Salt Lake City, Utah area. Focusing on Salt Lake and Davis counties.

Real Estate What I know for Sure- Investors, Forbearance Agreements

 

The median sold price for Wasatch Front home sales combined counties in Feb 2021 was approximately $437,000.  The median means half the homes sold for more half the homes sold for less.

In Salt lake County the median Sale price in Feb 2021 was $415,000 with the median  list price of $400,000. This shows that overall the homes are selling for more than they are listed for.  It is still a multiple offer situation most of the time.

Is it ok to sell to investors? Forbearance-what does it mean?