Utah home prices down, Salt Lake real estate hanging in there

The House Price Index, released yesterday by http://www.fhfa.gov, shows Utah real estate performing dismally compared to a year ago.

There's some question as to the accuracy of this report. The agency gathers loan amounts, not sale prices, on homes to determine data. We all know that some people buy homes with no money down, and some people pay cash.

So the question is, "How do we get the real numbers?"

Based on actual sold prices from the Wasatch Front Regional Multiple Listing Service, prices are on the rise again. Salt Lake, Utah, and Davis Counties all saw an average home prices increase from the end of last year to the beginning of 2009.

I was featured in the Salt Lake Tribune by Lesley Mitchell this morning. Take a look at the article, and let me know what you think!

http://www.sltrib.com/business/ci_12459668

Best,
Tony =)

New and exciting things for the Salty Lake City, Utah real estate site that is saltyhomes.com

Adding more new features to Salty Lake City's favorite real estate search site, http://saltyhomes.com!

Less filling and tastes great!

New and exciting things for the Salty Lake City, Utah real estate site that is saltyhomes.com

Adding more new features to Salty Lake City's favorite real estate search site, http://saltyhomes.com!

Less filling and tastes great!

Utah Business Mag prints my predictions for the Salt Lake home sales market

Utah Business Magazine printed up my thoughts on the Salt Lake City, Utah Homes sales market in their UB Daily newsletter this morning. Read all about it:

http://www.utahbusiness.com/issues/articles/8274/2009/05/march_home_listings_reflect_recession

Salt Lake Real Estate Numbers That Rock n' Roll!

I called it a while ago...here are the new numbers!

There were 1104 contracts on single family homes/SLCounty in april of 2009 (meaning this last month). Same time last year, 656.

That's an increase of 168%!

Salt Lake County's rocking strong for home sales right now.