Wednesday, February 20, 2008 - How to buy or sell a home in Salt Lake City

How to decide who is a GREAT REALTOR and Why!

Buying or selling a home is a huge decision! If you are selling, you want an agent with an impeccable reputation, someone who will communicate with you on a regular basis, someone with excellent market knowledge AND an excellent plan for getting your home sold.

If you are buying a home, you want an agent with, again, an impeccable reputation, communication is very important. Trusting your REALTOR is critical. It's important that the agent present all the facts about the home, and the situation of the home you are considering for purchase. The agent should be able to demonstrate or explain why a particular property is right for you, or not right. Whether it's well built, will continue to appreciate, long and short term benefits or deficits.

It's also nice to work with someone who is personable, patient, and not pushy. You can read what my clients say about me, and their experience working with me by going to www.DanHelpedUs.com.
Everyone claims to deliver exceptional service, but few do. As they say, "The proof is in the puddin'".

Wednesday, February 20, 2008 - Salt Lake City UT Mortgage & RE-Financing Information

Are you thinking about buying a home or re-financing? Did you know there are almost as many lenders as there are REALTORS working in and around the greater Salt Lake City area? If you are looking for a GREAT lender, not just somebody good, but GREAT, your best resource is your trusted REALTOR.

As a very successful REALTOR, I deal with the very best, most competitive lenders working in the area. My success depends on it. If you need a GREAT lender, send me an email or call, I'll give you 2-3 names that you can shop for the best rates, with the best terms. Just like REALTORS, not all lenders are the same either. A few always stand out above the rest.

Wednesday, February 20, 2008 - This weeks Salt Lake City Utah Real Estate Market Statistics

Most of the country is still in a buyers market, and it's no surprise that the greater Salt Lake City Ut area is still in a buyers market as well, however the market is still improving even if it is at a slow rate. Our economic forecast looks good for the entire state of Utah, job growth is up, and interest rates are down. It is a pretty darn good time to buy a home!

Below are tables with the real estate statistics for the main counties along the Wasatch Front. I like to look at how many active properties there currently are, how many have been listed, put under contract or pending, expired and sold in the last thirty days. 

I take the number of actives and divide by the number sold in the last 30 days. This gives us an absorbtion rate for the remaining inventory in each county. Note the absorption rate is months.

These numbers become very interesting when you break them down by zip code, price bracket, zip code, city  etc.

February 20,2008

Salt Lake
Active	7082
Active -30	2339
U/C -30	965
Expired	1708
Sold	601
Supply	11.78

Davis
Active	2123
Active -30	660
U/C -30	309
Expired	431
Sold	209
Supply	10.16

Summit
Active	923
Active -30	165
U/C -30	39
Expired	90
Sold	38
Supply	24.29

Wasatch
Active	480
Active -30	81
U/C -30	11
Expired	52
Sold	14
Supply	34.29

Utah
Active	4318
Active -30	1210
U/C -30	367
Expired	818
Sold	253
Supply	17.07

Thursday, February 7, 2008 - Utah Real Estate Market Stats for the greater Salt Lake City, and Park City areas

Utah Real Estate Market Stats for Salt Lake City and Park City and the surrounding counties

Salt Lake County

2/7/2008	Active	7136
	Active -30	2532
	U/C -30	817
	Expired	1852
	Sold	544
	Supply	13.12

Davis County

2/7/2008	Active	2119
	Active -30	681
	U/C -30	290
	Expired	455
	Sold	181
	Supply	11.71

Summit County

2/7/2008	Active	904
	Active -30	161
	U/C -30	30
	Expired	93
	Sold	40
	Supply	22.60

Wasatch County

2/7/2008	Active	904
	Active -30	161
	U/C -30	30
	Expired	93
	Sold	40
	Supply	22.60

Utah County

2/7/2008	Active	4246
	Active -30	1217
	U/C -30	336
	Expired	875
	Sold	231
	Supply	18.38

Tooele County

2/7/2008	Active	449
	Active -30	144
	U/C -30	63
	Expired	107
	Sold	25
	Supply	17.96

Weber County

2/7/2008	Active	2187
	Active -30	623
	U/C -30	268
	Expired	381
	Sold	169
	Supply	12.94

Friday, February 1, 2008 - Salt Lake City Utah Real Estate Market Statistics

Well it's proably no surprise that the greater Salt Lake City area is still in a buyers market, however the market is improving even if it is at a slow rate. Our economic forecast looks good for the entire state of Utah, job growth is up, and interest rates are down. It is a pretty darn good time to buy a home!

Below are tables with the real estate statistics for the main counties along the Wasatch Front. I like to look at how many active properties there currently are, how many have been listed in the last thirty days, put under contract, expired and sold. I take the number of actives nd divide by the number sold in the last 30 days. This gives us an absorbtion rate for the remaining inventory in each county.

These numbers become very interesting when you break them down by zip code, price bracket etc.

Salt Lake County

Active	7098
Active -30	2572
U/C -30	831
Expired	1975
Sold	534
Supply	13.29

Davis County

Active	2147
Active -30	708
U/C -30	263
Expired	472
Sold	182
Supply	11.80

Summit County

Active	896
Active -30	175
U/C -30	41
Expired	85
Sold	38
Supply	23.58

Wasatch County

Active	472
Active -30	79
U/C -30	15
Expired	48
Sold	14
Supply	33.71

Utah County

Active	4271
Active -30	1313
U/C -30	317
Expired	909
Sold	248
Supply	17.22

Tooele County

Active	474
Active -30	157
U/C -30	54
Expired	110
Sold	30
Supply	15.80

Weber County

Active	2200
Active -30	739
U/C -30	260
Expired	420
Sold	162
Supply	13.58