Spring consists of blooming flowers, mild weather (ususally) and well….cleaning, but this year Utah residents are doing more than cleaning out their closets (don’t start singing the song). Instead, people are fully cleaning out their houses and looking for new ones. What I have found is that, in the U.S., Salt Lake City has one of the hottest housing markets out there now.
With the economy back in full swing, SLC has turned up the heat as one of the most promising markets for 2015. Coming in at number 10 on Trulia’s list of “America’s Top 10 Fastest-Moving Housing Markets”, Salt Lake City falls behind 8 cities in California and Seattle, WA, showing us it can hang with the most sought after cities in the U.S.
What does this mean for homebuyers and sellers?
Sellers: According to the same survey SLC is one of the three cities whose market has sped up since last year. This means most homes are sold within 60 days (what the surveys stats were based on) and Salt Lake City’s homes are continuing to sell faster and faster. If you have been waiting to list or sell your home, now is the time. If you need a jump start The Muve Group, with Windermere Real Estate, will provide a free home evaluation to help you determine what your home is worth.
Buyers: As you can see the good news is SLC is runner up to only the most incredible cities on the Pacific Coast. Making up for it with our 5 national parks, a steady economy and not nearly as bad of traffic as California, Salt Lake City is finding itself to be the better option all together. Who knows, soon we could be number one on that list. So if you have been looking to buy, now is the time. If you need more of a reason than that check out The Muve Group’s listings to get inspired.
Now I know the terms real estate and market value make most homebuyers and sellers cringe when thinking about it, but lucky for you I know some people who can change that. The Muve Group’s innovative approach to real estate provides an experience that makes their clients forget the jargon and enjoy the process of buying or selling a home. Bridging the gap between the market and the consumer, your need for more information and a successful real estate endeavor, The Muve Group ensures they are covering all their client’s needs.
Salt Lake’s Housing Market is HOT! Interested in finding out what your home’s worth? Let us help! Fill out the form below and one of our licensed agents will contact you soon!