Do you live in Utah and have been wondering when would be a good time to sell your home? Or maybe you’re looking to buy and become a homeowner for the first time? Either way, you’re in luck — housing in Utah is booming to some of its highest levels in years, which is great news for buyers and sellers alike!
According to Salt Lake City news affiliate FOX 13, home sales in Utah last year hit their best numbers since 2007, jumping up by 16 percent compared to 2012 levels. Home-buying has become so hot lately that many homes for sale are seeing a turnaround from listing to purchase in weeks instead of months.
“We put [our house] on the market on Thursday, and we had an offer on Sunday,” local homeowner Alyssa Firszt, who sold her home back in November, told the source.
While your mileage may vary with how fast you get your home sale to move, the point is that the market has been surging in a huge way over the past year.
It’s not just sellers who are reaping the benefits, either. With mortgage rates still low, and prices still far off from unaffordable levels, we’re slowly beginning to see the return of the buyer’s market too.
Are you an SLC resident looking for a new place in town to live? Or are you making the move from outside of the state? Either way, let us help you out! The Muve Real Estate Group is dedicated to working with both experienced and first time home buyers to find their ideal living choices.
The same goes for sellers too. If you’re looking to move onto a new home and need help getting your old place to sell, a Salt Lake City real estate agent from Muve can help you get the best possible value for your house.