UTAH ranks #6 in the nation in rising home prices.
This increase is welcome news to home owners. AZ ranked #1 with 12.9% appreciation; Idaho #2 @ 8.67%; Florida #3 @ 7.44%; Michigan #4 @ 7.25%; Ark. is #5 @ 7.18% and UTAH saw 7.1% appreciation in home prices in the second quarter compared to a year ago.
So what does this mean to you as a buyer? By waiting another year you will be looking at a $10,000-15,000 increase in home prices. As well interest rate increases. Do you want to take the chance by waiting? What this means is an extra $100.00 or more to your monthly payment for the same house. Can you afford the increase?
For sellers now has never been a better time to sell with the increases that have and continue to occur, and the lack of homes on the market. Homes are now going under contract in 34 days compared to 74 a year ago and most with Multiple offers.
Get your FREE evaluation done today www.saltlakecityhomeinfo.com
This increase is welcome news to home owners. AZ ranked #1 with 12.9% appreciation; Idaho #2 @ 8.67%; Florida #3 @ 7.44%; Michigan #4 @ 7.25%; Ark. is #5 @ 7.18% and UTAH saw 7.1% appreciation in home prices in the second quarter compared to a year ago.
So what does this mean to you as a buyer? By waiting another year you will be looking at a $10,000-15,000 increase in home prices. As well interest rate increases. Do you want to take the chance by waiting? What this means is an extra $100.00 or more to your monthly payment for the same house. Can you afford the increase?
For sellers now has never been a better time to sell with the increases that have and continue to occur, and the lack of homes on the market. Homes are now going under contract in 34 days compared to 74 a year ago and most with Multiple offers.
Get your FREE evaluation done today www.saltlakecityhomeinfo.com
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