Trela Bird's (merbtrelab) Blog

There was some encouraging Salt Lake County home sales data for July 2011, with the number of homes sold rising over 34% year on year, increasing from 744 to 1,002. While the number of Salt Lake UT Homes sold was up, home prices over the last year were down 14% with the average sales price for a ...

Looking at the Salt Lake home price data for the second quarter 2011, there are some signs that home prices seem to have stabilized. While year on year prices are down 5%, if we just look at the last two quarters we can see that home prices in the Salt Lake Valley actually saw a modest increase o...

June 2011 was the best month for sales in the Daybreak New Home Development since the same time last year. There were a total of 72 homes sold in June, increasing from 65 sold in the previous month. The average sales price was $275,112, up from $272,238 in May.  Here are the complete stats for Ju...

Salt Lake was recently named 7th in the top 10 markets for real estate investors. The top 10 cities were: 1. Indianapolis-Carmel, Ind.2. Winchester, Va.-W.Va.3. Gainesville, Fla.4. Tucson, Ariz.5. Tallahassee, Fla.6. Hagerstown-Martinsburg, Md.-W.Va.7. Salt Lake City, Ut8. Richmond, Va.; 9. Gaine...

The Salt Lake housing market remained depressed in the first quarter 2011. The Salt Lake County home prices dropped 9.66% over the last 12 months, with the new median sales price for all types of home being $187,000. Salt Lake County Single Family Home Sales First Quarter 2011Median Home Price: $...

I have been asking myself this question for some time now and still cannot think of any reason, why banks can not let people who are underwater with their mortgage refinance their loan. I don't mean the people who cannot pay or are not paying their mortgage, I am talking about people who pay thei...

While the number of homes sold increased 10.99% from Jan to Feb, home prices continue to struggle in the Salt Lake County housing market. The average sales price dropped from $243,717 to $214,125 over the last 12 months, and the average price per square foot dropped below $90 for the first time s...

The South Jordan Real Estate market continued to struggle in January 2011. While the number of homes sold was only slightly down, dropping from 41 to 40, the average sales price dropped from $293,176 to $269,269, a 8.88% decline. Those homes that were selling were also taking longer to sell, with...

Like much of the U.S., home prices in the Salt Lake area continued to come under price pressure in 2010. While home prices never increased at the same rate as other areas of the country, and we have never had the same degree of foreclosures, the Salt Lake Housing  Market has still been hit by the...

While there are early signs of a housing market recovery, in the whole Salt Lake County yet again remained sluggish at best, with home prices continuing to come under pressure. Single Family Housing Stats

Third Quarter 2010Number of Homes Sold : 1902 ...