Dear Clients & Friends,
Real estate is a lot like seasonal change: unpredictable, up-and-down, at times welcome, at other times not. Recently here in Utah County, especially over the last year, we have seen home prices rise as inventory has fallen. Those two factors make for a seller’s market.
This year, the Wasatch Front has seen an almost 9% increase in median home price from 2015 (click here for more info)! That’s huge as the typical national real estate price increase year to year is 3-4% on average. You can read more recent studies on our market here.
What does this mean for you? If you have been considering selling your home, now may be the time. Presidential elections historically influence the real estate industry along with all other industries, and who knows if this time next year you could get the same price you want for your home.
Thinking of selling your home as a “for sale by owner”? You may want to watch this first.
My team and I are happy to present you with a complimentary home evaluation so you will know what your home is worth in today’s market. If you are a previous client of ours who has bought a Utah home with us, watch for one in your email inbox soon!
Ashley Jensen, Emily Jones, Kathryn Isom, Lori Summers, Lisa Leach, & Rob Borden