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Months of Home Inentory in Salt Lake County, UT
30 Day Moving Average: 8.69
| Active Homes: 7678 |
Sold Homes: 884 |
Seller Market = 0- 4 | Normal Market= 4-7 | Buyer Market = 7+
The 30 Day Home Inventory Moving Average is determined by dividing the number of single family homes that have sold in the last 30 days in to the number of single family homes that are currently active on the market.
| Updated: |
Monday, June 08, 2009 2:45:59 PM |
NEW BUYERS MAY BE ELIGIBLE FOR $8000 TAX CREDIT TO BUY A HOME
If you are a first time buyer (or haven't owned a home in the past 3 years), The new housing bill may enable you to receive this valuable tax credit. The tax credit is equal to 10% of the home's purchase price up to a maximum of $8,000.00. CLICK HERE for more details.
UTAH offering $6000 Housing Grant!
The State of Utah is offering, on a first come- first serve basis, a $6000 grant for anyone who purchases a new home. A new home is defined as never lived in. This is the latest move to combat the large amount of new construction homes on the market...DETAILS
Treasury Announces Requirements for the Making Home Affordable Program
On March 4th, The Obama Administration announced new U.S. Department of the Treasury guidelines to enable servicers to begin modifications of eligible mortgages under the Administration's Homeowner Affordability and Stability Plan – announced by President Barack Obama just two weeks ago. The release of detailed requirements for the "Making Home Affordable" program facilitates ... More
REFINANCE ACTIVITY WILL PROBABLY REMAIN HIGH
In a normaly market when their is an increase in demand for mortgage refinances, the by product will be that interest rates will increase. However, this is not a normal market...read more
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