Salt Lake City ranked in top 10 cities t...

Here’s some good news for the Salt Lake real estate market as reported by KSL.com SALT LAKE CITY — Utah’s capitol city was ranked among the top 10 U.S. cities in which to buy a home in the current housing market. The list, compiled by The National Association of Realtors was made using data from the February housing and jobs data, the U.S. home price index from Fiserv Case-Shiller...

Current Market Conditions

Based on recent information, the average U.S. residential home prices have increased approximately 8.1 percent over the past 12 months. Driven by a combination of persistently low mortgage rates, moderately improved unemployment rates, and a reported scarcity of supply, the increased demand for the average residential home is pushing prices upward. Additionally, family formation rates...

Boomerang Buyers

The Wall Street Journal has coined the name boomerang buyers to mean people who have gone through a foreclosure or short sale and who are now ready buy a home again. We are excited about this name, due to it’s closeness to our company name Boomerang Leads. But we are more excited about an article found on Zillow giving tips to people who are considered boomerang buyers. It is...

Holiday Activities in Utah

The holiday season is almost here. Radio stations are beginning to play Christmas music all the time. Stores have stocked up on holiday decorations and gift ideas. And people are busy making holiday plans with family and friends. In Utah, there are so many things to do during the holidays to enjoy the season and festive holiday spirit that is often contagious. If you are new to the...

Housing prices improve in third quarter ...

While storms are literally raging in the eastern coast of our great country, housing prices saw a gain during the third quarter in the Wasatch Front area of Utah. During July-September, the median single family house price in Salt Lake County was $218,000 (an increase of 11%). “Salt Lake City ranks among the top 25 major U.S. cities showing the biggest home-price increases,”...

Utah Housing Market “Healing”...

The Salt Lake Tribune reported last Friday that a recent hiring boom in one of Sandy, Utah’s real estate firms may indicate a “healing” of the housing market in Utah–especially along the Wasatch Front. Click here to read the Tribune article. The article noted that more agents selling homes may indicate that there are more homes for sale. This is hopeful news for...

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