Housing market news may not be the most exciting thing in the world, I admit, but this is big! And important for you to know if you’re looking for homes in Salt Lake City. After all, no one wants to buy property in a market that’s expected to crater, right? Luckily for you and me, though, just the opposite is happening here. A new report has the Salt Lake City real estate market pegged as one of the “best-performing” areas going into 2014!
The news comes from USA Today, which links this expected performance to our improving levels of job growth here. After all, the more jobs are available, the more likely people will be able to both move here and be able to afford buying a new home.
It’s good news for sellers, too, who have been on the top of the world for the last few years – and that’s not just me talking. According to the National Association of Realtors (NAR), the last two years have seen a 20 percent jump in home sales and an 18 percent spike in prices. Even though buyers are starting to get in on the action more, there’s no doubt we’ve been in a seller’s market. It’s a good time to sell and will continue to be so in 2014, where the NAR expects another 6 percent growth in prices.
If you want to get in on the ground floor for what all the experts are saying will be one of the country’s best housing markets next year, then talk to a Salt Lake City real estate agent at Muve Real Estate today! We can hook you up with all of the best homes for sale in the area, finding the place just right for you and your family.