Summer is here, and that's not the only thing that's hot! The housing market here in Utah County shows that sales are up 17 percent (YTD), and home prices are also up at a 17.5 percent increase from just last month. The Utah County Association of Realtors reported, however, that listings are down 27 percent. These numbers indicate that the market is strong, but more inventory would also be a good thing.
When you find yourself in a hot market, you want to be careful as a buyer not to insult a home seller.
- What if the home is overpriced?
- Consider plans to remodel and update.
- Avoid considering the price paid for the home.