Sunset, UT Real Estate News

By Lori Fleming, CRS.,GRI.,Epro.,CDPE,SRS,.MRP
(Golden Spike Realty)
What a great endorcment THANK YOU REACHFACTOR Top Sunset, Utah Real Estate Agent Lori Flemingby Brandon Barker on Apr 29, 2011According to census figures, more Americans are moving to places with affordable housing and “low-density urban cores.” Family-friendly Northern Utah is such a place. According to a recent article in the Deseret News, the Salt Lake City area has recently witnessed a population boom. During the last decade the Provo-Orem area increased its population by 39.8 percent, the Salt Lake City area grew by 16 percent, and the Ogden-Clearfield area grew by 23.6 percent — a surge that has as much to do with the beauty of the surrounding as it does with the area’s business-friendly nature.However, during the recent recession, Northern Utah has seen its share of unemployment ...
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By Gerald Richards
(Team One - The Franklin Group)
There are as of 1 October 2008, 26 active homes on the market with another 8 homes under contract for a total of 34.  By calculating what percentage of the total the 8 homes under contract are you know if Sunset is a buyers or a sellers market.  8 divided by 34 = 24%.  If the % is under 25 percent then it is a buyers market.  If it's over 25% then it's a sellers market.  So Sunset, UT is currently experiencing a buyer's market.  To find out more about market conditions in Utah just give me a call at 801-540-3825.
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