Now what? What is happening with the Utah Real Estate market since the end 2 weeks ago?
It is still a strong buyer's market with many homes on the market. Buyers, use some common sense when making offers on homes that are priced well. I have seen too many buyers offer too low on a great deal and end up losing the home to another buyer over a couple thousand. Have your real estate agent show you the latest comps and make response time short to prevent other offers.
It is not all doom and gloom for the sellers. I have been working long hours to make sure all my sellers' homes are getting the necessary exposure to find all the buyers. Since it is a buyer's market, sellers need to be more flexible with their bottom line. Don't let a couple thousand lose a qualified buyer. Maybe you lose more than you wanted on your sell but you will make it up on the purchase of a new home.
This is still the best time to buy a home in 50 years. Great deals are out there and many people are investing in real estate like no other time. Utah Real Estate was not hit as hard as California, Arizona, Las Vagas and Florida, but you wouldn't know it from the news.
For up to date Real Estate News in Utah feel free to call, email or visit my website www.DerrickTornow.com any time. Derrick Tornow - Building Your Foundation on Success!
Derrick Tornow
