January 2010

Found 2 blog entries for January 2010.

The last quarter of 2009 showed growth in the number of homes sold. This increase in sales pushed the total number of homes sold in 2009 higher than 2008! This trend of growth is showing an increasing demand in purchasing a home. Knowing when to sell or purchase a home is vital to your Real Estate success, and the demand is highest in Utah’s Hot Spots!

These Hot Spots are the zip codes and prices ranges where there has been the highest demand for homes. Economic improvement and recovery start in hot spots and then spread to other areas of the valley. These hot spots are the areas that will get top dollar for their home. Purchasing a home in one of these hot spots gives you a front row seat to economic recovery.

1. Bountiful: Zip 84010 &nbsp &nbsp

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How was 2009 compared to 2008? Have we bottomed out? Where is 2010 headed?

The number of homes sold for 2008 across the Wasatch Front was 22,766. The numbers for 2009 are still rolling in but so far, the number of homes sold in 2009 is 22,744. When all the statistics are in the total number of homes sold in Salt Lake County will be at least the same as 2008 and likely higher. Utah County has increased sales over 10% mainly due to the availability of affordable housing, an increased supply of foreclosures and short sales, and 100% financing in Saratoga Springs and Eagle Mountain areas. All of this data means that the number of homes sold has bottomed out! We are now seeing an increase in sales overall.

UtahDave's sales statistics went up 50% from

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